South America Two Wheeler Tire Market Research Report: Forecast (2023-2028)

By Vehicle Type (Scooter & Moped, Motorcycle), By Tire Size (Tire Size 1, Tire Size 2, Tire Size 3, Tire Size 4, Tire Size 5), By Sales Channel (Online, Direct Sales, Multi Brand Stores, Exclusive Out... ... tores, Exclusive Outlets), By Price Category (Budget, Economy, Premium), By Tire Type (Radial, Bias), By Demand Type (OEM, Replacement), By Country (Brazil, Argentina, Chile, Colombia, Peru, Paraguay, Ecuador, Uruguay, Rest of South America), By Company (Michelin, Bridgestone, Pirelli, Dunlop, Maggion Tires, Borilli, Rinaldi Tires, Pneus Technic, Maxxis, Kenda Tire, Others) Read more

  • Tire
  • Aug 2023
  • 144
  • PDF, Excel, PPT

Market Definition

The two-wheeler tires are engineered with specialized features to meet the unique requirements of two-wheeled vehicles, including factors such as size, tread pattern, load capacity, and speed rating. It involves a range of stakeholders, including tire manufacturers, distributors, retailers, and aftermarket service providers, who cater to both original equipment manufacturers (OEMs) and aftermarket customers. Ultimately, the two-wheeler tire plays a vital role in ensuring the safety, performance, and efficiency of two-wheeled vehicles.

Market Insights & Analysis: South America Two Wheeler Tire Market (2023-28):

The South America Two Wheeler Tire Market is projected to witness significant growth during the forecast period of 2023-2028, with a projected compound annual growth rate (CAGR) of around 12.25%. One of the key drivers is the increasing adoption & usage of two-wheelers in the region. Countries like Brazil, Argentina, and Colombia have witnessed a surge in urbanization, resulting in higher demand for affordable & convenient transportation options. These vehicles, including motorcycles & scooters, have become popular choices for commuting in congested urban areas. As a result, the demand for two-wheeler tires has seen a significant uptick. This growth has created a substantial outlook for the Two-Wheeler Tires Market, both in terms of original equipment & replacements.

The replacement tire segment is expected to contribute significantly to the market growth. South America has a diverse landscape, including varied terrains & climates, which results in faster tire wear & the need for frequent replacements. Hence, this presents a lucrative market opportunity for tire manufacturers & retailers. Furthermore, technological advancements in tire manufacturing & design have played a crucial role in driving Two-Wheeler Tires Market growth.

Report Coverage Details
Study Period Historical Data: 2018-21
Base Year: 2022
Forecast Period: 2023-28
CAGR (2023-2028) 12.25%
Country Covered Brazil, Argentina, Chile, Colombia, Peru, Paraguay, Ecuador, Uruguay, Rest of South America
Key Companies Profiled Michelin, Bridgestone, Pirelli, Dunlop, Maggion Tires, Borilli, Rinaldi Tires, Pneus Technic, Maxxis, Kenda Tire, Others
Unit Denominations USD Million/Billion

 

Manufacturers are introducing innovative tread patterns, enhanced grip & traction, and improved durability in their tire offerings, thus attracting consumers towards premium & specialized two-wheeler tires offering better performance & safety. Companies like Pirelli, Michelin, and Bridgestone have introduced advanced tire models specifically designed, catering to different riding conditions such as city commuting, long-distance touring, or off-road adventures. These tires utilize advanced rubber compounds & tread designs to provide superior grip, stability, and longevity, meeting the demands of South American riders.

Moreover, government regulations & initiatives promoting road safety & the usage of quality tires are also expected to positively impact the South America Two Wheeler Tire Market. For instance, governments across South America are implementing stringent safety standards & conducting mandatory periodic vehicle inspections to ensure roadworthiness. These regulations emphasize the importance of using quality tires that comply with safety standards. As a result, consumers are becoming more aware of the benefits of using high-quality tires, thereby driving the demand for reliable two-wheeler tires in the forthcoming years.

South America Two Wheeler Tire Market Research Report (2023-2028) - Table of Contents

 

  1. Market Segmentation
  2. Introduction
    1. Research Process
    2. Assumptions
    3. Market Definition
  3. Executive Summarya
  4. South America Two Wheeler Tire Market Value Chain Analysis
    1. Key Stakeholders in Value Chain
    2. Margin at Various Levels
  5. South America Two Wheeler Tire Market Import & Export Statistics, 2018-2022
  6. South America Two Wheeler Tire Market Trends & Development
  7. South America Two Wheeler Tire Market Dynamics
    1. Drivers
    2. Challenges
  8. South America Two Wheeler Tire Market Regulations, Policies, Regulation
  9. South America Two Wheeler Tire Market Hotspot & Opportunities
  10. South America Two Wheeler Tire Market Analysis, 2018-2028
    1. Market Size & Analysis
      1. By Revenues (USD Million)
      2. By Unit Sold (Thousand)
    2. Market Share & Analysis
      1. By Vehicle Type
        1. Scooter and Moped
          1. Upto 100CC, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
          2. 101 cc to 125 cc, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
          3. 126 cc to 150 cc, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
          4. Above 150 cc, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
        2. Motorcycle
          1. Upto 100CC, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
          2. 101 cc to 125 cc, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
          3. 126 cc to 150 cc, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
          4. Above 150 cc, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
      2. By Tire Size
        1. Tire Size 1, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
        2. Tire Size 2, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
        3. Tire Size 3, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
        4. Tire Size 4, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
        5. Tire size 5, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
      3. By Tire Type
        1. Radial, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
        2. Bias, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
      4. By Price Category
        1. Budget, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
        2. Economy, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
        3. Premium, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
      5. By Sales Channel
        1. Online, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
        2. Direct Sales, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
        3. Multi Brand Stores, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
        4. Exclusive Outlets, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
      6. By Demand Type
        1. OEM, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
        2. Replacement, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
      7. By Country
        1. Brazil
        2. Argentina
        3. Chile
        4. Colombia
        5. Peru
        6. Paraguay
        7. Ecuador
        8. Uruguay
        9. Rest of South America
      8. By Company
        1. Competition Characteristics
        2. Market Share & Analysis
  11. Brazil Two Wheeler Tire Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
      2. By Unit Sold (Thousand)
    2. Market Share & Analysis
      1. By Vehicle Type, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
      2. By Tire Size, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
      3. By Tire Type, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
      4. By Price Category, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
      5. By Sales Channel, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
      6. By Demand Type, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
  12. Argentina Two Wheeler Tire Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
      2. By Unit Sold (Thousand)
    2. Market Share & Analysis
      1. By Vehicle Type, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
      2. By Tire Size, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
      3. By Tire Type, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
      4. By Price Category, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
      5. By Sales Channel, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
      6. By Demand Type, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
  13. Chile America Two Wheeler Tire Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
      2. By Unit Sold (Thousand)
    2. Market Share & Analysis
      1. By Vehicle Type, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
      2. By Tire Size, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
      3. By Tire Type, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
      4. By Price Category, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
      5. By Sales Channel, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
      6. By Demand Type, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
  14. Colombia Two Wheeler Tire Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
      2. By Unit Sold (Thousand)
    2. Market Share & Analysis
      1. By Vehicle Type, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
      2. By Tire Size, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
      3. By Tire Type, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
      4. By Price Category, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
      5. By Sales Channel, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
      6. By Demand Type, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
  15. Peru Two Wheeler Tire Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
      2. By Unit Sold (Thousand)
    2. Market Share & Analysis
      1. By Vehicle Type, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
      2. By Tire Size, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
      3. By Tire Type, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
      4. By Price Category, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
      5. By Sales Channel, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
      6. By Demand Type, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
  16. Paraguay Two Wheeler Tire Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
      2. By Unit Sold (Thousand)
    2. Market Share & Analysis
      1. By Vehicle Type, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
      2. By Tire Size, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
      3. By Tire Type, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
      4. By Price Category, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
      5. By Sales Channel, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
      6. By Demand Type, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
  17. Ecuador Two Wheeler Tire Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
      2. By Unit Sold (Thousand)
    2. Market Share & Analysis
      1. By Vehicle Type, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
      2. By Tire Size, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
      3. By Tire Type, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
      4. By Price Category, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
      5. By Sales Channel, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
      6. By Demand Type, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
  18. Uruguay Two Wheeler Tire Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
      2. By Unit Sold (Thousand)
    2. Market Share & Analysis
      1. By Vehicle Type, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
      2. By Tire Size, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
      3. By Tire Type, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
      4. By Price Category, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
      5. By Sales Channel, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
      6. By Demand Type, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
  19. South America Two Wheeler Tire Market Key Strategic Imperatives for Success & Growth
  20. Competition Outlook
    1. Company Profiles of Top Companies (Business Description, Product Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans)
      1. Michelin
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      2. Bridgestone
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      3. Pirelli
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      4. Dunlop
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      5. Maggion Tires
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      6. Borilli
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      7. Rinaldi Tires
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      8. Pneus Technic
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      9. Maxxis
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      10. Kenda Tire
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
  21. Disclaimer


MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:

1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.

2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.

3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.

Data Trangulation

4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making

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