Middle East Two-Wheeler Tire

Middle East Two-Wheeler Tire Market Research Report: Forecast (2021-2026)

By Type of Vehicle (Scooter, Motorbike, Moped), By Installation (OEM, Replacement), By Tire Type (Radial, Bias), By Price Category (Budget, Economy, Premium), By Country (UAE, Saudi Arabia, Qatar, Tur Read more

  • Tire
  • Jul 2021
  • 187
  • TR10249

Market Overview

According to the MarkNtel Advisors' research report, "Middle East Two-Wheeler Tire Market Analysis, 2021," the market is likely to grow at a CAGR of around 3.10% during 2021-26. The market growth attributes to burgeoning online food & beverage delivery outlets across the Middle East & the emerging electric motorcycles, owing to the growing government concerns about climate changes & CO2 emissions.

Moreover, the surging inclination of companies to expand their businesses in the Middle East is further leading toward establishing new showrooms, thereby seeming to accelerate the demand for two-wheeler tires in the forecast period. Furthermore, the snowballing millennial inclination toward superbikes, the evolution of the e-commerce sector due to rapid internet penetration, and robustly growing two-wheeler fleet size are other factors to strongly contribute to the growth of the Middle East two-wheeler market in the forthcoming period.

Report Coverage Details
Study Period Historical Data: 2016-19
Base Year: 2020
Forecast Period: 2021-26
CAGR(2021-26) 3.10%
Regions Covered Middle East & Africa: UAE, Saudi Arabia, Qatar, Turkey, Egypt, Iran, Iraq, Others
Key Companies Profiled Michelin, Continental, Goodyear Tire & Rubber Company, Maxxis International, Pirelli & C. SpA., Sumitomo Rubber Industries Ltd., Bridgestone, Avon Tyres, Mitas, Anlas Anadolu Lastik AS, etc.
Unit Denominations USD Million/Billion

Impact of COVID-19

The COVID-19 outbreak had a considerable impact on the Middle East region. The lockdowns imposition, closed borders, slump in oil prices, and supply chain disruptions have negatively influenced the demand-supply dynamics in various industries, including the automotive sector. As most Middle East countries are import-driven; hence, a halt in the production of tires in export countries has a negative outlook on the replacement market. However, the uplift of lockdown and resumption in activities shall bolster the market growth of two-wheeler tires in the coming years.

Market Segmentation

Scooter & Moped Grabbed roughly 30% share in the Regional Two-Wheeler Tire Market

Based on the Type of Vehicle, the Scooter & Moped grabbed a 30% market share in the Middle East Two-Wheeler Tire market in 2021. The increasing number of electric vehicles and soaring demand for scooters from working women is likely to boost the sales of scooters & mopeds in the forthcoming years. Further, the boost in the sales & demand for high-end luxury motorcycles and sports bikes in UAE, Saudi Arabia, and Qatar has positively contributed to the Middle East Two-Wheeler Tires market growth. 

Besides, the mushrooming number of motorcycle registrations in UAE, Turkey, and Iran and the launch of premium bikes by automotive OEMs promises lucrative growth opportunities for the segment during 2021-26, says MarkNtel Advisors in their research report, "Middle East Two-Wheeler Tire Market Analysis, 2021."

Bias Tires Dominate the Market 

Based on Tire Type, Bias Tires dominate the Middle East Two-Wheeler tire market in 2021 due to the burgeoning offerings of Bias tires for two-wheelers by prominent companies of the region. Moreover, nowadays, two-wheeler manufacturers are equipping Bias tires in all their new two-wheelers, thereby strongly contributing to the overall growth of Bias tires in the Middle East.

Country Landscape

Iran Accounted for the Largest Market Share

Iran accounted for more than 60% share in the Middle East Two-Wheeler tire market, followed by Egypt and Turkey. In the Middle East, Iran is the only prime hub for two-wheeler tire manufacturing as the rest of the countries are import-driven. The factors augmenting the market growth in Iran are the launch of new scooters & premium bikes by automotive OEMs and surging joint ventures among companies for locally developing electric motorcycles & scooters to encourage environment-friendly technologies and curb carbon emissions.

Market Driver

Rising Two-Wheeler Registration in the region

The rising two-wheeler registration, snowballing demand for motorcycles from both the low & high-end consumers, and increasing sales of high-end luxury motorcycles are factors primarily driving the market growth. Moreover, the burgeoning inclination of millennials toward superbikes and the launch of scooters & premium bikes by automotive OEMs further propel the two-wheeler tire market growth in the Middle East.

Additionally, the surging environmental concerns have also promulgated the demand for electric scooters in the region. The massive investments by companies in electric motorcycle assembly plants and escalating automotive OEMs to expand their operation of electric bikes in Saudi Arabia and Egypt are likely to place a considerable impact on the market growth in the forecast period.

Competitive Landscape

According to MarkNtel Advisors, the major leading players in the Middle East Two-Wheeler Tire market are Michelin, Continental, Goodyear Tire & Rubber Company, Maxxis International- Middle East & Africa, Pirelli & C. SpA., Sumitomo Rubber Industries Ltd., Bridgestone, Avon Tyres, Mitas, Anlas Anadolu Lastik AS, etc.

Key Questions Answered in the Market Research Report:

  • What are the overall market statistics or estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of the Middle East Two-Wheeler Tire Market?
  • What is the country-wise industry size, growth drivers, and challenges?
  • What are the key innovations, opportunities, current & future trends, and regulations in the Middle East Two-Wheeler Tire Market? 
  • Who are the key competitors, their key strengths & weaknesses, and how do they perform in Middle East Two-Wheeler Tire Market based on a competitive benchmarking matrix?
  • What are the key results derived from the market surveys conducted during the Middle East Two-Wheeler Tire Market study?   

Market Outlook, Segmentation and Statistics 

  • Impact of COVID-19 on Middle East Two-Wheeler Tire Market
  • Market Size & Analysis
    • By Revenue
    • By Units Sold
  • Market Share & Analysis
    • By Type of Vehicle
      • Scooter
      • Motorbike
      • Moped
    • By Installation
      • OEM
      • Replacement
    • By Tire Type
      • Radial
      • Bias 
    • By Price Category
      • Budget
      • Economy
      • Premium
    • By Competitor
      • Market Share
      • Units Sold
    • By Region
      • Saudi Arabia Two-Wheeler Tire Market Outlook, 2016-2026F (USD Million)
      • UAE Two-Wheeler Tire Market Outlook, 2016-2026F (USD Million)
      • Qatar Two-Wheeler Tire Market Outlook, 2016-2026F (USD Million)
      • Turkey Two-Wheeler Tire Market Outlook, 2016-2026F (USD Million)
      • Iran Two-Wheeler Tire Market Outlook, 2016-2026F (USD Million)
      • Iraq Two-Wheeler Tire Market Outlook, 2016-2026F (USD Million)
      • Egypt Two-Wheeler Tire Market Outlook, 2016-2026F (USD Million)
      • Others Two-Wheeler Tire Market Outlook, 2016-2026F (USD Million)
    • By Competitors
      • Competition Characteristics
      • Market Share & Analysis
      • Competitive Metrix
  • Middle East Two-Wheeler Tire Market Customer Analysis, 2021-26
  • Expectations from Tire Manufacturers in terms of Quality, Pricing, Running Kms. Etc.
  • Key Factors Impacting the Purchase Decision
  • Middle East Two-Wheeler Market Outlook, 2016-26F
    • Units Sold & Analysis
  • Middle East Two-Wheeler Tire Market Hotspots & Opportunities
  • Middle East Two-Wheeler Tire Market Regulations & Policy
  • Key Strategic Imperatives for Success and Growth
  • Middle East Competition Outlook
    • Competition Matrix
    • Company Profile

Frequently Asked Questions

A. The historical data has been provided since 2016, while the base year is 2020, and the data forecast is up to 2026.

A. The measuring units of market size/industry size or the market value are USD Million and units sold.

A. The Middle East Two-Wheeler Tire Market is forecast to grow at a CAGR of 3.10% during 2021-26

A. Michelin, Continental, Goodyear Tire & Rubber Company, Maxxis International- Middle East & Africa, Pirelli & C. SpA., Sumitomo Rubber Industries Ltd., Bridgestone, Avon Tyres, Mitas, Anlas Anadolu Lastik AS are few of the leading players in the Middle East Two-Wheeler Tire Market.

A. The replacement system segment seems to attain the highest CAGR during the forecast period and maintain its significant market share.

A. Iran continues to grow at the highest CAGR, thereby offering immense opportunities to market leaders of the Middle East Two-Wheeler Tire Market.

  1. Introduction
    1. Product Definition
    2. Research Process
    3. Assumptions
    4. Market Segmentation
  2. Executive Summary
  3. Impact of COVID-19 on Middle East Two-Wheeler Tire Market
  4. Middle East Two-Wheeler Tire Market Customer Analysis, 2020-25
    1. Expectations from Tire Manufacturers in terms of Quality, Pricing, Running Kms. Etc.
    2. Key Factors Impacting the Purchase Decision
  5. Middle East Two-Wheeler Market Outlook, 2016-26F
    1. Units Sold & Analysis
  6. Middle East Two-Wheeler Tire Market Outlook, 2016-26F
    1. Market Size & Analysis
      1. By Revenues
      2. By Units Sold
    2. Market Share & Analysis
      1. By Type of Vehicle
        1. Scooter
        2. Motorbike
        3. Moped
      2. By Installation
        1. OEM
        2. Replacement
      3. By Tire Type
        1. Radial
        2. Bias
      4. By Price Category
        1. Budget
        2. Economy
        3. Premium
      5. By Competitor
        1. Market Share
        2. Units Sold
      6. By Country
        1. Saudi Arabia
        2. UAE
        3. Turkey
        4. Qatar
        5. Iran
        6. Iraq
        7. Egypt
        8. Others
  7. Saudi Arabia Two-Wheeler Tire Market Outlook, 2016-26F
    1. Market Size & Analysis
      1. By Revenues
      2. By Units Sold
    2. Market Share & Analysis
      1. By Type of Vehicle
      2. OEM Vs Replacement
      3. Radial Vs Bias
      4. By Price Category
  8. UAE Two-Wheeler Tire Market Outlook, 2016-26F
    1. Market Size & Analysis
      1. By Revenues
      2. By Units Sold
    2. Market Share & Analysis
      1. By Type of Vehicle
      2. OEM Vs Replacement
      3. Radial Vs Bias
      4. By Price Category
  9. Turkey Two-Wheeler Tire Market Outlook, 2016-26F
    1. Market Size & Analysis
      1. By Revenues
      2. By Units Sold
    2. Market Share & Analysis
      1. By Type of Vehicle
      2. OEM Vs Replacement
      3. Radial Vs Bias
      4. By Price Category
  10. Qatar Two-Wheeler Tire Market Outlook, 2016-26F
    1. Market Size & Analysis
      1. By Revenues
      2. By Units Sold
    2. Market Share & Analysis
      1. By Type of Vehicle
      2. OEM Vs Replacement
      3. Radial Vs Bias
      4. By Price Category
  11. Iran Two-Wheeler Tire Market Outlook, 2016-26F
    1. Market Size & Analysis
      1. By Revenues
      2. By Units Sold
    2. Market Share & Analysis
      1. By Type of Vehicle
      2. OEM Vs Replacement
      3. Radial Vs Bias
      4. By Price Category
  12. Iraq Two-Wheeler Tire Market Outlook, 2016-26F
    1. Market Size & Analysis
      1. By Revenues
      2. By Units Sold
    2. Market Share & Analysis
      1. By Type of Vehicle
      2. OEM Vs Replacement
      3. Radial Vs Bias
      4. By Price Category
  13. Egypt Two-Wheeler Tire Market Outlook, 2016-26F
    1. Market Size & Analysis
      1. By Revenues
      2. By Units Sold
    2. Market Share & Analysis
      1. By Type of Vehicle
      2. OEM Vs Replacement
      3. Radial Vs Bias
      4. By Price Category
  14. Middle East Tire Market Dynamics
    1. Drivers
    2. Challenges
    3. Impact Analysis
  15. Middle East Tire Market Trends & Insights
  16. Middle East Tire Market Hotspot & Opportunities
  17. Middle East Tire Market Competition Outlook
    1. Competition Matrix
      1. Product Portfolio
      2. Brand Specialization
      3. Target Markets
      4. Target End Users
      5. Research & Development
      6. Strategic Alliances
    2. Company Profiles
      1. Michelin
      2. Continental
      3. The Goodyear Tire & Rubber Company
      4. Maxxis International- Middle East & Africa
      5. Pirelli & C. SpA.
      6. Sumitomo Rubber Industries Ltd.
      7. Bridgestone
      8. Avon Tyres
      9. Mitas
      10. Anlas Anadolu Lastik AS
  18. Disclaimer
Middle East Two-Wheeler Tire Market Segmentation