市場調查報告書
商品編碼
1601869
二輪車輪胎市場 - 全球產業規模、佔有率、趨勢、機會和預測,按車輛類型(摩托車和踏板車/輕型摩托車)、需求類別(OEM和更換)、區域和競爭細分, 2019-2029FTwo-Wheeler Tire Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Vehicle Type (Motorcycle & Scooter/Moped), By Demand Category (OEM & Replacement), By Regional & Competition, 2019-2029F |
2023 年全球二輪車輪胎市場價值為 189.5 億美元,預計到 2029 年將達到 263.6 億美元,到 2029 年複合年成長率為 5.71%。二輪車,包括摩托車和踏板車,作為經濟高效且便捷的交通方式而受到歡迎,特別是在人口稠密的城市地區。這一趨勢推動了二輪車輪胎的需求,因為它們是確保安全和高效移動的關鍵組成部分。市場成長的主要動力之一是世界各地快速的城市化。隨著越來越多的人遷移到城市和城市地區不斷擴大,對靈活、高效的交通解決方案的需求不斷增加。二輪車提供了一個實用的解決方案,可以幫助您穿越擁擠的交通和有限的停車位。
市場概況 | |
---|---|
預測期 | 2025-2029 |
2023 年市場規模 | 189.5億美元 |
2029 年市場規模 | 263.6億美元 |
2024-2029 年複合年成長率 | 5.71% |
成長最快的細分市場 | 摩托車 |
最大的市場 | 亞太 |
這導致二輪車銷量激增,從而增加了對其相關輪胎的需求。環境問題和永續交通的推動也影響了二輪車輪胎市場。政府和消費者都越來越重視減少碳排放和推廣環保的出行方式。製造商正在透過開發輪胎來應對,以提高燃油效率並最大限度地減少二輪車的整體碳足跡。這種與永續發展目標的一致性促進了市場的成長,因為更具環保意識的消費者選擇二輪車而不是傳統汽車。此外,新興經濟體可支配收入的增加提高了二輪車的可負擔性和可近性,從而提高了二輪車的使用率。這種經濟賦權,加上二輪車在擁擠地區提供的便利性,推動了對這些車輛及其輪胎的需求。
售後市場領域在二輪車輪胎市場的擴張中也發揮著至關重要的作用。隨著現有二輪車車隊的不斷成長,更換輪胎的需求變得顯而易見。磨損、季節變化以及高性能輪胎升級等因素促進了售後市場的持續需求。這為輪胎製造商和供應商提供了一個機會,可以提供各種產品來滿足不同消費者的喜好和要求。總之,在城市化、環保意識、經濟發展和售後市場需求的推動下,全球二輪車輪胎市場正在強勁成長。這些因素共同強調了二輪車輪胎在塑造現代交通方面的重要性,並為產業內的創新和市場擴張提供了機會。
都市化與不斷變化的交通格局
環境意識與永續交通
經濟賦權和可支配所得增加
售後市場需求與更換週期
技術進步和性能增強
基礎建設發展和政府舉措
安全性和性能問題
仿冒劣質輪胎
環境永續發展
噪音污染
監理合規性和標準
原物料價格波動
競爭市場格局
不斷變化的消費者偏好
技術複雜性
基礎建設和政府政策
電動汽車革命
智慧連網輪胎
永續發展與環保輪胎
客製化和性能增強
共乘和最後一英里配送
線上銷售與電子商務
法規和安全標準
新興市場與都市化
注重舒適度和降噪
跨類別輪胎和多功能性
車型洞察
區域洞察
Global Two-Wheeler Tire Market has valued at USD 18.95 billion in 2023 and is anticipated to reach USD 26.36 billion by 2029 growing with a CAGR of 5.71% through 2029. The Global Two-Wheeler Tire Market has witnessed significant growth in recent years, driven by a combination of factors that have shaped the dynamics of the industry. Two-wheelers, including motorcycles and scooters, have gained popularity as cost-effective and convenient modes of transportation, especially in densely populated urban areas. This trend has propelled the demand for two-wheeler tires, as they are a critical component in ensuring safe and efficient mobility. One of the major drivers behind the growth of the market is the rapid urbanization occurring across the world. As more people migrate to cities and urban areas expand, the need for agile and efficient transportation solutions has intensified. Two-wheelers provide a practical solution to navigate through congested traffic and limited parking spaces.
Market Overview | |
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Forecast Period | 2025-2029 |
Market Size 2023 | USD 18.95 Billion |
Market Size 2029 | USD 26.36 Billion |
CAGR 2024-2029 | 5.71% |
Fastest Growing Segment | Motorcycle |
Largest Market | Asia-Pacific |
This has led to a surge in the sales of two-wheelers, thereby boosting the demand for their associated tires. Environmental concerns and the push for sustainable transportation have also impacted the two-wheeler tire market. Governments and consumers alike are increasingly focused on reducing carbon emissions and promoting eco-friendly modes of travel. Manufacturers are responding by developing tires that enhance fuel efficiency and minimize the overall carbon footprint of two-wheelers. This alignment with sustainability goals has contributed to the market's growth as more environmentally conscious consumers opt for two-wheelers over conventional automobiles. Furthermore, rising disposable incomes in emerging economies have facilitated greater affordability and accessibility to two-wheelers, resulting in increased adoption. This economic empowerment, coupled with the ease of maneuverability that two-wheelers offer in congested areas, has propelled the demand for these vehicles and subsequently their tires.
The aftermarket segment also plays a crucial role in the two-wheeler tire market's expansion. As the existing fleet of two-wheelers continues to grow, the need for replacement tires becomes evident. Factors such as wear and tear, seasonal changes, and upgrades to higher-performance tires contribute to sustained aftermarket demand. This presents an opportunity for tire manufacturers and suppliers to offer a wide range of products catering to diverse consumer preferences and requirements. In conclusion, the Global Two-Wheeler Tire Market is witnessing robust growth driven by urbanization, environmental consciousness, economic development, and aftermarket demand. These factors collectively underscore the importance of two-wheeler tires in shaping modern mobility and present opportunities for innovation and market expansion within the industry.
Key Market Drivers
Urbanization and Changing Transportation Landscape
A primary driver behind the growth of the Global Two-Wheeler Tire Market is the ongoing process of urbanization. As cities expand and populations concentrate in urban areas, the need for efficient, cost-effective, and agile transportation options becomes more pronounced. Two-wheelers have emerged as a viable solution to navigate through congested traffic, limited parking spaces, and the overall challenges posed by urban commuting. In densely populated urban centers, where traffic congestion is a major concern, two-wheelers offer the advantage of maneuverability, enabling commuters to reach their destinations more quickly. This aspect has led to an increased preference for two-wheelers, consequently driving up the demand for their tires. In January 2024, Honda Motorcycle & Scooter India (HMSI) inaugurated a third assembly line at its Vithalapur manufacturing facility, boosting its annual production capacity to 1.97 million units. This expansion supports the production of scooter models for both domestic and international markets, positioning HMSI as a frontrunner in the global scooterization movement.
Environmental Awareness and Sustainable Transportation
Growing environmental concerns have significantly impacted the automotive industry, including the two-wheeler sector. Governments and consumers alike are increasingly focused on reducing carbon emissions and promoting sustainable transportation options. Two-wheelers, inherently more fuel-efficient and emitting fewer greenhouse gases compared to cars, have gained favor as a greener mode of travel. Tire manufacturers are responding to this trend by developing tires that enhance fuel efficiency, reduce rolling resistance, and minimize the overall carbon footprint of two-wheelers. These efforts align with global sustainability goals and contribute to the market's growth as environmentally conscious consumers opt for two-wheelers as their preferred means of transport.
Economic Empowerment and Rising Disposable Incomes
In emerging economies, rising disposable incomes have translated into increased affordability and accessibility to two-wheelers. As consumers experience improved economic conditions, they are more inclined to invest in personal transportation options. Two-wheelers present a cost-effective alternative to cars, making them an attractive option for those seeking convenient mobility without the higher costs associated with four-wheelers. The affordability factor, coupled with the ease of maneuverability that two-wheelers offer in congested areas, has spurred the demand for these vehicles and consequently, their tires.
Aftermarket Demand and Replacement Cycles
The aftermarket segment is a crucial driver of the Global Two-Wheeler Tire Market. As the population of existing two-wheelers expands, the need for replacement tires becomes evident. Factors such as natural wear and tear, seasonal changes, and consumer preferences for specific tire types contribute to sustained aftermarket demand. Tire manufacturers and suppliers tap into this demand by offering a wide range of products to cater to diverse customer requirements. Moreover, the aftermarket presents an opportunity for innovation, as tire manufacturers continuously strive to develop tires with longer lifespans, better performance, and improved safety features.
Technological Advancements and Performance Enhancement
Advancements in tire technology have played a significant role in driving the Global Two-Wheeler Tire Market. Manufacturers are continuously investing in research and development to enhance tire performance, durability, and safety. Innovations in tread design, rubber compounds, and construction techniques have led to tires with improved grip, stability, and overall handling characteristics. High-performance tires designed for specific terrains, weather conditions, and riding styles have gained traction among enthusiasts, contributing to market growth through premium offerings. In July 2023, Vipal Rubber partnered with Honda to enhance motorcycle offerings in Brazil. The company has been appointed as the official tire supplier for select Honda models, directly providing tires for the assembly of Honda motorcycles in the country. The Honda CG 160 Fan will be the inaugural model equipped with Vipal tires as standard factory equipment. This motorcycle will feature Vipal's Street ST600 tires, with a 80/100-18 size for the front and a 90/90-18 size for the rear, both of which are tubeless.
Infrastructure Development and Government Initiatives
Government initiatives aimed at promoting two-wheeler usage have also bolstered the market. In many regions, governments have launched campaigns to encourage the adoption of two-wheelers as a means to reduce traffic congestion and curb pollution. Infrastructure development projects such as dedicated bike lanes and parking spaces for two-wheelers have further incentivized their use. These initiatives create a favorable environment for the growth of the two-wheeler market and, by extension, the demand for two-wheeler tires.
Key Market Challenges
Safety and Performance Concerns
Safety and performance are paramount in the automotive industry, and the same holds true for two-wheeler tires. Ensuring that tires provide optimal grip, stability, and handling characteristics across various terrains and weather conditions is a significant challenge. Inadequate tire performance can lead to accidents, impacting the safety of riders. Manufacturers must consistently innovate to develop tires that strike a balance between performance and safety.
Counterfeit and Substandard Tires
The proliferation of counterfeit and substandard tires poses a serious challenge to the Global Two-Wheeler Tire Market. These products, often sold at lower prices, compromise on quality and safety. Riders who unknowingly purchase counterfeit tires may face increased risks of accidents, reduced performance, and shorter lifespans of the tires. This challenge necessitates greater regulatory oversight, consumer education, and stringent measures to combat the production and sale of such tires.
Environmental Sustainability
While two-wheelers are often touted as more environmentally friendly than cars, the tire manufacturing process and disposal of used tires present environmental challenges. The production of tires involves the use of natural resources and energy, and the disposal of tires can contribute to waste and pollution. As the industry grows, finding sustainable materials and manufacturing processes, as well as implementing effective tire recycling and disposal methods, becomes crucial to minimizing the environmental impact of the sector.
Noise Pollution
Noise pollution generated by two-wheeler tires, particularly in urban areas, is a growing concern. The interaction between the tire and the road surface can produce noise that contributes to urban noise levels. Mitigating noise pollution requires the development of quieter tire designs and materials, which may involve trade-offs with other performance characteristics. Balancing noise reduction with safety and performance remains a challenge for tire manufacturers.
Regulatory Compliance and Standards
Adhering to evolving regulatory standards and compliance requirements across different regions and countries can be complex for tire manufacturers. Regulations related to safety, emissions, labeling, and other aspects can vary significantly, requiring companies to invest resources in understanding and meeting these requirements. Ensuring consistent quality and performance while adhering to diverse regulatory frameworks is a challenge that demands vigilance and adaptability.
Price Volatility of Raw Materials
The Global Two-Wheeler Tire Market is susceptible to fluctuations in the prices of raw materials, particularly rubber. Rubber is a key component in tire manufacturing, and its price volatility can impact production costs. Manufacturers often need to manage these cost fluctuations to maintain competitive pricing without compromising on quality. Innovations in materials and supply chain management are required to mitigate the impact of raw material price fluctuations.
Competitive Market Landscape
The two-wheeler tire market is characterized by intense competition among manufacturers. This competition drives innovation and product improvement, but it can also lead to pricing pressures and margin erosion. Differentiating products in a crowded market becomes a challenge, especially as manufacturers strive to offer a wide range of tire options to cater to diverse consumer preferences.
Evolving Consumer Preferences
Consumer preferences are not static and can be influenced by factors such as fashion, performance, and technological trends. Keeping up with these evolving preferences while maintaining the right balance between performance, durability, and cost can be challenging for tire manufacturers. Rapid shifts in demand can impact production planning and resource allocation.
Technological Complexities
The integration of advanced technologies into tire design, such as smart sensors and embedded electronics, presents both opportunities and challenges. Incorporating these technologies can enhance safety and performance, but it also adds complexity to the manufacturing process. Ensuring reliability, compatibility, and durability of such technology-enabled tires is a challenge that requires expertise in both tire design and electronics.
Infrastructure and Government Policies
The success of the two-wheeler tire market is closely tied to the overall infrastructure and government policies in different regions. Insufficient road maintenance, lack of dedicated biking lanes, and inconsistent traffic regulations can impact the wear and tear of tires and the overall riding experience. Supportive government policies and investments in infrastructure are essential to facilitate the growth of the two-wheeler market.
Key Market Trends
Electric Mobility Revolution
One of the most significant trends in the automotive industry is the shift towards electric mobility, and this trend has a notable impact on the two-wheeler tire market. The growing popularity of electric motorcycles and scooters is reshaping the demand for tires. Electric two-wheelers have distinct performance requirements due to their instant torque delivery and different weight distribution. As a result, tire manufacturers are developing specialized tires that cater to the unique needs of electric vehicles, such as enhanced traction and efficiency.
Smart and Connected Tires
The integration of technology into tires is transforming the market. Smart and connected tire solutions, equipped with sensors and embedded electronics, are gaining traction. These tires can provide real-time data on tire pressure, temperature, tread wear, and road conditions to both riders and vehicle systems. Such data enables proactive maintenance, enhances safety, and optimizes tire performance. As the Internet of Things (IoT) continues to expand, the adoption of smart tire technology is likely to rise.
Sustainability and Eco-Friendly Tires
Environmental concerns are influencing the tire industry's direction. Consumers and regulators are pushing for more sustainable solutions, and this trend is reflected in the development of eco-friendly tires. Manufacturers are exploring alternatives to traditional tire materials that reduce the environmental impact of production and disposal. There is a focus on improving fuel efficiency and reducing rolling resistance, contributing to greener mobility solutions.
Customization and Performance Enhancement
Consumer preferences for personalized experiences are influencing the two-wheeler tire market. Riders seek tires that not only match their vehicles' aesthetics but also provide enhanced performance. Tire manufacturers are responding by offering a wide range of tread patterns, sizes, and compounds tailored to different riding styles and terrains. Performance-oriented riders are opting for high-performance tires that offer superior grip, stability, and cornering capabilities.
Ride-Sharing and Last-Mile Delivery
Urbanization and changing lifestyles have led to the rise of ride-sharing services and the increased demand for efficient last-mile delivery solutions. Two-wheelers are well-suited for these applications due to their maneuverability and lower operational costs. This trend translates into higher mileage and wear on tires, requiring robust and durable tire solutions that can withstand demanding usage scenarios.
Online Sales and E-Commerce
The growth of e-commerce has impacted various industries, including the tire market. Online platforms provide consumers with a convenient way to browse and purchase tires, leading to increased online sales. This trend is likely to continue as digital platforms offer a wide range of tire options, detailed product information, and user reviews, enabling informed purchasing decisions.
Regulation and Safety Standards
Stringent safety and environmental regulations are shaping the design and manufacturing of tires. Government agencies around the world are implementing standards to ensure tire safety, labeling, and emissions. Compliance with these regulations is crucial for manufacturers to maintain market access. Additionally, rising awareness of road safety is prompting tire makers to innovate in areas such as wet grip and braking performance.
Emerging Markets and Urbanization
Rapid urbanization in emerging markets is contributing to the growth of the two-wheeler tire market. As more people move to cities and face congestion, two-wheelers offer a practical solution for commuting. This trend is particularly evident in densely populated regions of Asia and Africa. As urbanization continues, the demand for affordable, reliable, and durable tires for two-wheelers is expected to increase.
Focus on Comfort and Noise Reduction
Consumer expectations for a comfortable ride are prompting tire manufacturers to develop products that minimize vibrations and road noise. Quiet and comfortable rides are becoming increasingly important for urban commuters and enthusiasts alike. This trend is driving innovations in tire designs and materials to enhance overall riding comfort.
Cross-Category Tires and Versatility
Tire manufacturers are exploring cross-category tires that can perform well across different types of two-wheelers. This versatility caters to riders who own multiple types of vehicles or prefer the flexibility of a single tire that can handle various terrains. Versatile tires offer a balance between on-road and off-road performance, expanding the range of riding experiences.
Segmental Insights
Vehicle Type Insights
The global two-wheeler tire market is broadly segmented into motorcycles, scooters and moped tires. The motorcycle segment dominates the market, driven by various types of motorcycles including superbikes and sports motorcycles, which fuel the demand for high-performance tires. These motorcycles, with their powerful engines and advanced features, require tires that can provide exceptional grip, stability, and durability. On the other hand, the scooter segment is experiencing significant growth due to an increasing preference for maneuverability and fuel efficiency in urban areas. With the rise in traffic congestion and the need for easy navigation through narrow streets, scooters have become a popular choice for commuting. As a result, the demand for scooter tires, specifically designed to deliver excellent handling and fuel efficiency, has witnessed a considerable uptick. Although a smaller segment, mopeds continue to have steady demand in certain regions. Mopeds are known for their cost-effectiveness and suitability for short-distance travel. They provide an economical mode of transportation and are often favored for daily commutes or quick trips within localities.
The two-wheeler tire market is driven by the diverse needs and preferences of motorcycle, scooter, and moped riders. Manufacturers are constantly innovating to meet the specific requirements of each segment, ensuring that riders can enjoy optimal performance, safety, and comfort on their two-wheeled journeys.
Regional Insights
The global two-wheeler tire market is extensively segmented by region, encompassing North America, Europe & CIS, Asia-Pacific, South America, and the Middle East & Africa. Among these, the Asia-Pacific region dominates the global two-wheeler tire market due to its robust growth driven by rapid urbanization, increasing disposable incomes, and a burgeoning automotive sector. This region benefits from a high volume of two-wheeler sales and an extensive manufacturing base, making it the largest market for two-wheeler tires. The substantial demand is fueled by the region's vast population, rising consumer preferences for affordable transportation options, and significant investments in infrastructure development. As a result, the Asia-Pacific region stands out as the leading force in the global two-wheeler tire market, overshadowing other regions with its expansive market potential and accelerated growth trajectory.
The Asia-Pacific region dominates the global two-wheeler tire market, driven by several key factors. This region's rapid urbanization, burgeoning middle class, and increasing disposable incomes contribute significantly to the growing demand for two-wheelers, which in turn boosts tire sales. Additionally, the Asia-Pacific market benefits from a strong manufacturing infrastructure, with numerous production facilities catering to both domestic and international markets. Countries within this region, particularly India and China, are major contributors to the high volume of two-wheeler sales due to their large populations and preference for cost-effective transportation solutions. The expansion of public transportation networks and rising investments in infrastructure further stimulate tire demand. Additionally, the region's growing focus on technological advancements and innovations in tire manufacturing enhances performance and safety, attracting consumers and sustaining market growth. Overall, the Asia-Pacific region's combination of high sales volume, significant production capacity, and dynamic market conditions solidifies its position as the leading and most influential region in the global two-wheeler tire market.
In this report, the Global Two-Wheeler Tire Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Company Profiles: Detailed analysis of the major companies present in the Global Two-Wheeler Tire Market.
Global Two-Wheeler Tire Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report: