Analyzing the Future Landscape: Brazil Two-wheeler Tire Market By 2028, With a Striking CAGR of 4.93% – MarkNtel Advisors

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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