Get Sample Pages - Brazil Two Wheeler Tire Market Size, Share, Trends and Analysis Report

Brazil Two-wheeler Tire Market Research Report: Forecast (2023-2028)

By Type of Two-wheeler (Scooter & Moped, Motorcycle), 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, Rear),...... By Type of Tire (Bias, Radial), By Demand Type (OEM, Replacement), By Sales Channel (Online, Multi-brand Stores, 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, Northeast, Southeast, South, Center-West), By Competitors (Michelin, Bridgestone, Pirelli, Maggion Industrias de Pneus e Máquinas LTDA., Borilli, Rinaldi, Pneus Technic, Others) Read more

Tire
Mar 2023
Pages 89
Report Format: PDF, Excel, PPT

Market Definition

The two-wheeler tire is the key functional element for the transmission of all the forces between the bike & the road. In addition, two-wheeler tires are affordable, easily available, and come in a wide variety to cater to various consumer requirements which have created a demand for two-wheeler tires. In addition, the two-wheeler tire industry in Brazil is expanding significantly due to rising government initiatives & e-mobility services in the country, which positively result in the escalating market growth in the coming years.

Market Insights & Analysis: Brazil Two-wheeler Tire Market (2023-28)

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. 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.

Report Coverage	Details
Study Period	Historical Data: 2018-21
	Base Year: 2022
	Forecast Period: 2023-28
CAGR (2023-28)	4.93%
Key Companies Profiled	Michelin, Bridgestone, Pirelli, Maggion Industrias de Pneus e Máquinas LTDA., Borilli, Rinaldi, Pneus Technic, Others
Unit Denominations	USD Million/Billion

Furthermore, the launch of ‘Rota Program 2030’ in 2018, by the Brazilian government to strengthen the local automotive manufacturing base by encouraging domestic manufacturing of vehicles is anticipated to escalate the demand for tires from OEMs in the upcoming years. Some of the undergoing developments to boost the growth of the two-wheeler tire market include:

In 2021, Bajaj Auto announced to expand its presence in Brazil by 2022, with the launch of two-wheeler vehicles as the company analyzed potential growth opportunities in the market.

Key Trends in the Market

Thriving Ride-sharing Platform in the Nation to Surge the Demand for Two-wheeler Tires

Brazil is a premier destination for tourists, attracting millions of tourists annually. According to the Organization for Economic Co-operation and Development (OECD), Brazil served over 6.6 million tourists in 2018. This certainly increased the demand for ride-sharing services in the region to support the burgeoning travel requirement of tourists as well as residents at a competitive cost. Furthermore, the growing need for economical mobility needs due to a rise in economic activities has notably boosted the demand for ride-sharing platforms, with indigenous players, such as Mottu & Yellow, being the major operators in the market.

Besides, with the increasing dominance of sustainable traveling alternatives adopted by the residents, the country saw a notable increase in the demand for two-wheelers to cater to emerging mobility needs. Hence, these growth factors are expected to positively influence the growth of the Brazil Two-wheeler Tire market in the forthcoming years.

Market Segmentation
Introduction
1. Product Definition
2. Research Process
3. Assumptions
Executive Summary
Impact of COVID-19 on Brazil Two Wheelers Tire Market
Brazil Two Wheelers Tire Market Trends & Insights
Brazil Two Wheelers Tire Market Dynamics
1. Drivers
2. Challenges
Brazil Two Wheelers Tire Market Regulations & Policy
Brazil Two Wheelers Tire Market Supply Chain Analysis
1. Key Stakeholders
2. Top Online Sellers in Brazil
3. Margins Across the Stakeholders
Brazil Two Wheelers Tire Market Hotspots & Opportunities
Brazil Two Wheelers Tire Market Outlook, 2018-2028F
1. Market Size & Analysis
  1. By Units Sold (Thousand Units)
  2. By Revenues (USD Million)
2. Market Share & Analysis (Revenues Vs Units Sold)
  1. By Type of Two Wheeler
    1. Scooter & Moped
      1. Electric
      2. IC Engine
    2. Motorcycle
      1. Electric
      2. IC Engine
  2. By Engine Power
    1. Up to 50 CC
    2. 51 to 160 CC
    3. 161 to 300 CC
    4. 301 to 449 CC
    5. Above 450 CC
    6. Electric
  3. By Tire Size
    1. Front
      1. 80/100-18
      2. 60/100-17
      3. 90/90-19M/C
      4. 60/100-17M
      5. Others (110/70-16 52p, 110/70 - 13M/C, etc.)
    2. Rear
      1. 90/90 -18
      2. 80/100 – 14
      3. 110/90 -17M/C
      4. 80/100 - 14M
      5. Others (130/70-16 61p, 90/80 - 14M/C 49P, etc.)
  4. By Type of Tire
    1. Bias
    2. Radial
  5. By Demand Type
    1. OEM
    2. Replacement
  6. By Sales Channel
    1. Online
    2. Multi-brand Stores
      1. Local Tire Dealers
      2. Hypermarkets
      3. Supermarkets
    3. Exclusive Outlets
  7. By Best Selling 2W Models
    1. Honda CG 160
    2. Honda BIZ
    3. Honda Pop 110I
    4. Honda NXR 160
    5. Yamaha Crosser 150
    6. Others (Honda XRE 300, Yamaha NMAX, etc.)
  8. By Geography
    1. Urban
    2. Rural
  9. By State
    1. North
      1. Pará
      2. Amazonas
      3. Rondônia
      4. Others
    2. Northeast
      1. Ceará
      2. Pernambuco
      3. Bahia
      4. Maranhão
      5. Others
    3. Southeast
      1. São Paulo
      2. Minas Gerais
      3. Others
    4. South
      1. Paraná
      2. Rio Grande do Sul
      3. Others
    5. Center-West
      1. Mato Grosso
      2. Goiás
      3. Others
  10. By Competitors
    1. Units Sold and Revenue Generated
    2. Manufacturing Set-Up Details in Brazil (With Split of Percentage of 2W tires manufactured locally Vs Imports)
Brazil Scooter & Moped Tire Market Outlook, 2018-2028F
1. Market Size & Analysis
  1. By Units Sold (Thousand Units)
  2. By Revenues (USD Million)
2. Market Share & Analysis
  1. By Vehicle Type (Revenues Vs Units Sold)
    1. Scooter
    2. Moped
  2. By Engine Type
    1. Electric
    2. IC
  3. By Type of Tire
  4. By Demand Type
  5. By Sales Channel
Brazil Motorcycle Tire Market Outlook, 2018-2028F
1. Market Size & Analysis
  1. By Units Sold (Thousand Units)
  2. By Revenues (USD Million)
2. Market Share & Analysis (Revenues Vs Units Sold)
  1. By Engine Type
    1. Electric
    2. IC
  2. By Type of Tire
  3. By Demand Type
  4. By Sales Channel
Company Profiles (Top 10 Companies in the country)
1. Michelin
2. Bridgestone
3. Pirelli
4. Maggion Industrias de Pneus e Máquinas LTDA.
5. Borilli
6. Rinaldi
7. Pneus Technic
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.

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

FILL THE FORM TO GET THE FREE SAMPLE PAGES

Name *

Email ID *

Country *