Brazil Two-wheeler Tire Market Poised for Robust Growth, forecasted to Expand at 4.93% CAGR from 2023-28

MarkNtel Advisors has released its latest report highlighting strong growth in The Brazil Two-wheeler Tire Market is projected to grow at a CAGR of around 4.93% in terms of units sold during the forecast period, 2023-28.

Report Coverage

This report offers a comprehensive analysis of the Brazil Two-wheeler Tire Market, providing valuable insights across historical trends, current dynamics, and future forecasts.

  • Base Year: 2022
  • Forecast Years: 2023-28
  • Historical Years: 2018-21

Brazil Two-wheeler Tire Market Overview

The factors responsible for the market growth are rising disposable income combined with the inclination of the residents towards the procurement of personalized vehicles for improved mobility made a significant contribution to the demand for two-wheeler tires from replacements & OEMs in the historical years. Moreover, the growing popularity of e-commerce among the residents has notably contributed to the demand for two-wheelers with service providers, including Rappi, Cornershop, and iFood, among others. Hence, this is anticipated to escalate the demand for two-wheeler tires in the forthcoming years.

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Brazil Two-wheeler Tire Market Segmentation Outlook

The Brazil Two-wheeler Tire is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:

By Type of Two Wheeler

  • Scooter & Moped
    • Electric
    • IC Engine
  • Motorcycle
    • Electric
    • IC Engine

By Engine Power

  • Up to 50 CC
  • 51 to 160 CC
  • 161 to 300 CC
  • 301 to 449 CC
  • Above 450 CC
  • Electric

By Tire Size

  • Front
    • 80/100-18
    • 60/100-17
    • 90/90-19M/C
    • 60/100-17M
    • Others (110/70-16 52p, 110/70 - 13M/C, etc.)
  • Rear
    • 90/90 -18
    • 80/100 – 14
    • 110/90 -17M/C
    • 80/100 - 14M
    • Others (130/70-16 61p, 90/80 - 14M/C 49P, etc.)

By Type of Tire

  • Bias
  • Radial

By Demand Type

  • OEM
  • Replacement

By Sales Channel

  • Online
  • Multi-brand Stores
    • Local Tire Dealers
    • Hypermarkets
    • Supermarkets
  • Exclusive Outlets

By Best Selling 2W Models

  • Honda CG 160
  • Honda BIZ
  • Honda Pop 110I
  • Honda NXR 160
  • Yamaha Crosser 150
  • Others (Honda XRE 300, Yamaha NMAX, etc.)

By Geography

  • Urban
  • Rural

By State

  • North
    • Pará
    • Amazonas
    • Rondônia
    • Others
  • Northeast
    • Ceará
    • Pernambuco
    • Bahia
    • Maranhão
    • Others
  • Southeast
    • São Paulo
    • Minas Gerais
    • Others
  • South
    • Paraná
    • Rio Grande do Sul
    • Others
  • Center-West
    • Mato Grosso
    • Goiás
    • Others

Brazil Two-wheeler Tire Market Driver

Rising Inclination of Residents Toward the Adoption of Electric Vehicles in Brazil- Growing urbanization & industrialization activities, combined with the significant increase in vehicle traffic in Brazil, has led to the degradation of its environment. This increased concerns amongst the government & e-mobility service providers to limit the CO2 emission & promote sustainable living by driving innovations in the manufacturing of fuel-efficient or alternative vehicles in the country.

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Top Brazil Two-wheeler Tire Market Brands & Their Strategic Market Positioning

MarkNtel Advisors Research identifies Michelin, Bridgestone, Pirelli, Maggion Industrias de Pneus e Máquinas LTDA., Borilli, Rinaldi, Pneus Technic, Others as key players shaping the market landscape.

Key Questions Answered in the Report

  • What is the market size (value & volume) along with the current & future trends, growth factors & challenges, etc.?
  • How the industry has been evolving, and which segments would dominate the market during the forecast period?
  • What are the key opportunity areas that companies foresee in the coming years 2028?
  • Who are the key players in the market, and what are their competitive strengths?
  • What are the key growth drivers & challenges associated with the market, and how would they impact the market through the forecast period?

Need tailored data? We offer customized forecasts by region, product segmentation, and competitive intelligence upon request — now with an exclusive special pricing offer – Customized Link

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