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China Two-Wheeler Tire Market Research Report: Forecast (2024-2030)

China Two-Wheeler Tire Market Report - By Vehicle Type (Scooters & Mopeds, Motorcycles), By Tire Type (Radial, Bias), By Demand Type (OEMs, Replacement), By Tire Size (Tire Size 1,...... Tire Size 2, Tire Size 3, Tire Size 4, Tire Size 5), By Price Category (Budget, Economy, Premium), By Sales Channel (Direct Sales, Exclusive Outlets, Multi Brand Stores, Online), and Others Read more

Tire
Jun 2024
Pages 102
Report Format: PDF, Excel, PPT

Market Insights & Analysis: China Two-Wheeler Tire Market (2024-30):

The China Two-Wheeler Tire Market size is estimated to grow at a CAGR of around 4.5% during the forecast period, i.e., 2024-30. The rise in demand for two-wheeler tires in China is attributed to the increasing use of these vehicles for personal and commercial purposes. The rise in usage of two-wheelers has been due to their fuel efficiency, convenience, such as while navigating congested urban areas, and rising motorcycle sportsmanship. In addition, young demographics prefer leisure motorcycling as their hobbies. All these require advanced tires having better grip and suspension, thus driving year-on-year demand for off-road, dual-purpose, and track tires.

Report Coverage	Details
Study Period	Historical Data: 2019-22
	Base Year: 2023
	Forecast Period: 2024-30
CAGR (2024-2030)	4.5%
Region Covered	North Central, North-East, North-West, South East, South-West, South Central
Key Companies Profiled	Zhongce Rubber Group Co., Ltd., Michelin, Bridgestone, Pirelli, Qingdao Oguan Rubber Products Co., Ltd., Richtone Tyres, Tianjin Hengtai Gallop Technology Co., Ltd. (Kingtyre), Cheng Shin Rubber (CST), Good Year Tire & Rubber Company, Mitas Tires and others
USD Denominations	USD Million/Billion

Moreover, with the rising shift across the country towards greener and more sustainable transport options, the popularity of electric two-wheelers has been expanding in China. This has resulted in significant progress within the two-wheeler. Due to the growing demand, electric vehicle manufacturers have focused on expanding their EV portfolio by introducing new models in the country. For instance,

In 2023, China's major electric vehicle enterprise BYD Group partnered with Singaporean brand Scorpio Electric to produce its initial X1 electric scooter via its subsidiary located in Shenzhen.
In 2023, the full-suspension electric moped featuring a 2-speed motor was released by QuietKat Lynx.

With this demand expansion, there is a rising need for tires that are compatible with EV battery integration, while ensuring top-notch safety features through enhanced grip strength and resistance against frequent abrasion.

Further, the continuous increase in CO2 emissions in the region specifically across China as a result of the surging accumulation of on-road vehicles, has led to an increased focus of the government to boost initiatives towards reducing these emissions to ensure sustainability. Owing to this, both the government and the two-wheeler manufacturers such as Honda, Yamaha, Suzuki, etc., are turning towards adopting sustainable tires. Thus, witnessing the surging demand, tire manufacturing companies like Nexen Tires, Linglong Tires, etc., are launching their sustainable product portfolios in the region, to gain the emerging revenue opportunity. These sustainable two-wheeler tires tend to improve energy efficiency & reduce fuel consumption since these tires are designed with lower rolling resistance, which requires less energy to move the vehicle forward. Hence, as these tires help save fuel & lower operating costs, consumers are also gradually shifting toward them in the country.

Market Segmentation
Introduction
1. Research Process
2. Market Definition
3. Assumption
Executive Summary
China Two-Wheeler Tire Market Trends & Development
China Two-Wheeler Tire Market Dynamics
1. Growth Drivers
2. Challenges
China Two-Wheeler Tire Import & Export Analysis, 2019-2023
China Two-Wheeler Tire Market Hotspots & Opportunities
China Two-Wheeler Tire Market Supply Chain Analysis
China Two-Wheeler Tire Market Analysis, 2019-2030
1. Market Size & Analysis
  1. By Revenues (USD Million)
  2. By Unit Sold (Thousand)
2. Market Share & Analysis
  1. By Vehicle Type
    1. Scooters & Mopeds– Market Size & Forecast, 2019-2030, Thousand
    2. Motorcycles- Market Size & Forecast, 2019-2030, Thousand
  2. By Tire Type
    1. Radial- Market Size & Forecast, 2019-2030, Thousand
    2. Bias- Market Size & Forecast, 2019-2030, Thousand
  3. By Demand Type
    1. OEMs- Market Size & Forecast, 2019-2030, USD Million
    2. Replacement- Market Size & Forecast, 2019-2030, Thousand
  4. By Tire Size
    1. Tire Size 1- Market Size & Forecast, 2019-2030, Thousand
    2. Tire Size 2- Market Size & Forecast, 2019-2030, Thousand
    3. Tire Size 3- Market Size & Forecast, 2019-2030, Thousand
    4. Tire Size 4- Market Size & Forecast, 2019-2030, Thousand
    5. Tire Size 5- Market Size & Forecast, 2019-2030, Thousand
  5. By Price Category
    1. Budget-Market Size & Forecast 2019-2030, Thousand
    2. Economy-Market Size & Forecast 2019-2030, Thousand
    3. Premium-Market Size & Forecast 2019-2030, Thousand
  6. By Sales Channel
    1. Direct Sales-Market Size & Forecast 2019-2030, Thousand
    2. Exclusive Outlets-Market Size & Forecast 2019-2030, Thousand
    3. Multi Brand Stores-Market Size & Forecast 2019-2030, Thousand
    4. Online- Market Size & Forecast 2019-2030, Thousand
  7. By Region
    1. North Central
    2. North-East
    3. North-West
    4. South East
    5. South-West
    6. South Central
  8. By Company
    1. Competition Characteristics
    2. Market Share & Analysis
China Scooters & Mopeds Tire Market Outlook, 2019-2030
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 2019-2030, Thousand
    1. ICE- Market Size & Forecast 2019-2030, Thousand
      1. Up to 100cc- Market Size & Forecast 2019-2030, Thousand
      2. 101cc to 125cc- Market Size & Forecast 2019-2030, Thousand
      3. 126cc to 150cc- Market Size & Forecast 2019-2030, Thousand
      4. Above 150cc- Market Size & Forecast 2019-2030, Thousand
    2. Electric- Market Size & Forecast 2019-2030, Thousand
  2. By Tire Type- Market Size & Forecast 2019-2030, Thousand
  3. By Demand Type- Market Size & Forecast 2019-2030, Thousand
  4. By Tire Size- Market Size & Forecast 2019-2030, Thousand
  5. By Price Category- Market Size & Forecast 2019-2030, Thousand
  6. By Sales Channel- Market Size & Forecast 2019-2030, Thousand
China Motorcycles Tire Market Analysis, 2019-2030
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 2019-2030, Thousand
    1. ICE- Market Size & Forecast 2019-2030, Thousand
      1. Up to 100cc- Market Size & Forecast 2019-2030, Thousand
      2. 101cc to 125cc- Market Size & Forecast 2019-2030, Thousand
      3. 126cc to 150cc- Market Size & Forecast 2019-2030, Thousand
      4. Above 150cc- Market Size & Forecast 2019-2030, Thousand
    2. Electric- Market Size & Forecast 2019-2030, Thousand
  2. By Tire Type- Market Size & Forecast 2019-2030, Thousand
  3. By Demand Type- Market Size & Forecast 2019-2030, Thousand
  4. By Tire Size- Market Size & Forecast 2019-2030, Thousand
  5. By Price Category- Market Size & Forecast 2019-2030, Thousand
  6. By Sales Channel- Market Size & Forecast 2019-2030, Thousand
China Two-Wheeler Tire Market Strategic Imperatives for Growth & Success
Competition Outlook
1. Company Profiles
  1. Zhongce Rubber Group Co., Ltd.
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  2. Michelin
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  3. Bridgestone
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  4. Pirelli
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  5. Cheng Shin Rubber (CST)
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  6. Qingdao Oguan Rubber Products Co., Ltd.
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  7. Richtone Tyres
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
  8. Tianjin Hengtai Gallop Technology Co., Ltd. (Kingtyre)
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
  9. Good Year Tire & Rubber Company
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
  10. Mitas Tires
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
  11. Others
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

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