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

Market Insights & Analysis: The Middle East Two-Wheeler Tire Market (2024-30):

The Middle East Two-Wheeler Tire Market size is estimated to grow at a CAGR of around 4.12% during the forecast period, i.e., 2024-30. The Middle East's improved tourism, infrastructure, rapid urbanization, and e-commerce have all boosted demand for dependable, efficient forms of transportation that save time. As a result, vehicles such as motorcycles, scooters, and mopeds are becoming increasingly popular across the region.

In many Middle Eastern nations, consumers have high disposable incomes, as these countries are tax-free, allowing individuals to retain a larger portion of their earnings. This financial capability allows consumers to purchase luxury items, including high-performance superbikes from companies such as Ducati, Kawasaki, Yamaha, Honda, etc.

Moreover, superbikes have high-speed capabilities and agile handling, which are essential for police work, especially in urban environments. These bikes navigate through traffic more easily than cars, enabling faster response times to incidents. Owing to this, the adoption of superbikes by police agencies in the region is surging. For instance,

• In 2020, AGMC, the official BMW Group importer for Dubai, supplied the Dubai Police with 10 BMW Motorrad R 1250 RT-P motorcycles. These bikes are now deployed throughout the Emirate for various police duties.

The surge in superbike usage among affluent individuals and police forces in Middle Eastern countries like the UAE, Qatar, and Saudi Arabia boosts the demand for high-performance motorcycle tires in the region. Furthermore, in the Middle East, countries such as Kuwait, Oman, Bahrain, etc., are witnessing a combination of rising urbanization and increasing population densities. Owing to this, new urban centers are emerging in these countries, which subsequently results in more traffic congestion. Two-wheelers, being smaller and more maneuverable, offer a practical solution for navigating through congested streets more efficiently. Their ability to bypass traffic bottlenecks makes them an attractive option for daily commutes. As a result, sales of scooters and two-wheelers are gradually growing in these countries. As the number of these vehicles on the roads increases, there would be a corresponding surge in demand for tires, driven by the need to maintain and replace them regularly.

The Middle East Two-Wheeler Tire Market Driver:

Rising Inbound Tourism Driving the Demand for Two-Wheeler Taxis – Middle Eastern Countries are emerging as favorite tourist destinations owing to the rising live events and presence of cultural heritage sites. These countries witness the arrival of inbound foreign travelers from different countries across the Globe. According to the Statistics provided by the United Nations World Tourism Organization, Dubai registered the arrival of more than 17 million foreign travelers in 2023. These tourists rely heavily on the rental of two-wheeler taxis to explore the country at their own pace. Therefore, these foreign travelers use rental scooters & motorcycles during their visit. This surging usage of the two-wheelers by tourists amplifies tire deterioration. As a result, the vehicles undergo frequent tire replacement, uplifting Middle East Two-Wheeler Tire Market. Moreover, the tourism sector in the Middle Eastern nations is resulting in uplifting the country’s economy. Owing to this, governing authorities of these nations are laying tourist programs that target to welcome more tourists in their country. The arrival of more travelers in these nations would further increase the demand for the two-wheeler, amplifying the Middle East Two-Wheeler Tire market.

The Middle East Two-Wheeler Tire Market Challenge:

Lower Two-Wheeler Sales in the Region Hinder Market Growth & Expansion – Middle Eastern countries have massive deserts such as the Arabian, Syrian, and Sinai deserts, etc. These deserts inherently have little vegetation and exposed sand, which absorbs and radiates heat, leading to higher temperatures in these countries, especially during the day. Moreover, the nations in the region experience low humidity levels. According to the statistics provided by the University of Maryland, a renowned research institution, the heat index in Middle Eastern countries reached approximately 152 degrees, exceeding the maximum tolerable heat levels for the human body. These extreme climatic conditions in the region restrain the inhabitants from purchasing the two-wheelers. As a result, the sales of the two-wheelers are relatively less than the passenger cars in the region. The lower two-wheeler sales for personal transportation directly correlate with the tire requirement. Thus, the inclination of the residents to purchase passenger cars to avoid heat strokes & exhaustion hinders the demand for two-wheelers, consequently restraining the Middle East Two-Wheeler Tire market.

The Middle East Two-Wheeler Tire Market Trend:

Growing Adoption of Electric Two-Wheelers For Logistics Purposes Enhances Market Growth – The Middle Eastern nations have witnessed a surge in internet penetration & smartphone accessibility owing to the heavy investments made by the governing authorities of these nations. This has resulted in the transformation of the entire retail sector as the major retail stores & companies are offering their products on digital platforms to reach the mass population. This increasing inclination towards online e-commerce platforms has resulted in major players offering quick logistics services. These companies conventionally used fuel-based two-wheelers to transport the products from retail stores to the user location. However, the operating costs of running a fuel-based two-wheeler are significantly higher. Therefore, logistics companies are using electric two-wheelers to minimize their operating costs. For instance,

• In 2024, Aramex, one of the leading logistics service providers, announced its strategies to incorporate electric two-wheelers for its last-mile distribution services.

This shift towards electric-based two-wheelers would continue to uplift the demand for EV-specialized two-wheeler tires in the Middle Eastern countries, enhancing market growth.

Further, the growing ecological worries regarding the damaging carbon emissions are resulting in the enterprises & organizations shifting towards sustainable transportation. As a result, the requirement for electric two-wheelers will continue to grow, enlarging the size & volume of the Middle East Two-Wheeler Tire Market during the forecast period.

The Middle East Two-Wheeler Tire Market (2024-30): Segmentation Analysis

The Middle East Two-Wheeler Tire Market study of MarkNtel Advisors evaluates & highlights the major trends and influencing factors in each segment. It includes predictions for the period 2024–2030 at the regional level. According to the analysis, the market has been further classified as:

Based on Vehicle Type:

• Scooter & Moped
• Motorcycle

Of them all, the scooters & mopeds accounted for a substantial market share in the Middle East Two-Wheeler Tire Market. Scooters & Mopeds are being increasingly used by logistics companies to deliver products to consumers since they supply the products at a faster speed than commercial vehicles, like pickup vans & trucks. The major cities in Middle Eastern nations experience traffic congestion problems owing to which the timely delivery of the desired products becomes a challenge for the logistics company. Therefore, these companies are using vehicles that are suitable for covering larger distances at a consistent speed and their operational efficiency remains unaffected even during traffic congestion. Hence, the major logistics companies are using scooters & mopeds. This expanded usage of the scooters & mopeds within the logistics sector results in tire wear & tear. Therefore, it becomes essential for the logistics service provider to ensure timely tire replacements to maintain the operational efficiency of the two-wheelers. Consequently, this elevates the requirement for the tires particularly for scooters & mopeds, enhancing their market share in the Middle East Two-Wheeler Tire Market.

Based on Demand Type:

• OEM
• Replacement

Among them, replacement holds a dominant share in the Middle Eastern Two-Wheeler Tire Market. The Middle Eastern nations have higher labor costs & unskilled labor owing to which, the nations in the region have limited two-wheeler manufacturing units. The restricted presence of the production units results in the lower market share of the OEM in the Middle Eastern Two-Wheeler Tire Market. Besides, the nations in the region witness extreme climatic conditions such as high temperatures, humid air, etc., and owing to these extreme climatic conditions, the wear & tear in the tires is more frequent. Therefore, the individuals in these nations ensure regular tire replacement to maintain the smooth functioning of their vehicles. Further, the two-wheelers are emerging as a popular transportation choice among genZ. As a result, the younger generation in these Middle Eastern nations are rapidly using motorcycles & scooters to travel short & long-distance routes. The growing popularity & expanding usage of the two-wheelers would continue to uplift the need for the regular tire replacement, uplifting market growth.

Gain a Competitive Edge with Our Middle East Two-Wheeler Tire Market Report

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