Quantifying Growth: Unveiling Brazil Two-wheeler Tire Market Size and Forecast by 2023-28, Boasting a CAGR of 4.93%

How big is the Brazil Two-wheeler Tire market?

According to MarkNtel Advisors study, the Brazil Two-wheeler Tire Market is projected to grow at around 4.93% CAGR during the forecast period, i.e., 2023-28.

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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.

Leading Companies in the Brazil Two-wheeler Tire market:

Michelin
Bridgestone
Pirelli
Maggion Industrias de Pneus e Máquinas LTDA.
Borilli
Rinaldi
Pneus Technic

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Brazil Two-wheeler Tire Market Segmentation:

By Type of Two Wheeler

Scooter Moped
Electric
IC Engine
Motorcycle
Electric
IC Engine

Among them, Scooters Mopeds held a considerable growth rate during the historical period, owing to the surge in e-mobility services across the country fulfilled by the presence of service providers such as Uber Ride.

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
80/100-18
60/100-17
90/90-19M/C
60/100-17M
Others (110/70-16 52p, 110/70 - 13M/C, etc.)
Rear
90/90 -18
80/100 – 14
110/90 -17M/C
80/100 - 14M
Others (130/70-16 61p, 90/80 - 14M/C 49P, etc.)

By Type of Tire

Bias
Radial

By Demand Type

OEM
Replacement

By Sales Channel

Online
Multi-brand Stores
Local Tire Dealers
Hypermarkets
Supermarkets
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.)

Regional/ Countries Insight:

By Geography

Urban
Rural

By State

North
Pará
Amazonas
Rondônia
Others
Northeast
Ceará
Pernambuco
Bahia
Maranhão
Others
Southeast
São Paulo
Minas Gerais
Others
South
Paraná
Rio Grande do Sul
Others
Center-West
Mato Grosso
Goiás
Others

Note: Should you require specific information beyond the current scope of the report, we are prepared to furnish it as part of our customization services.

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