The Brazil Two-wheeler Tire Market: A Comprehensive Analysis

According to recent study by MarkNtel Advisors the Brazil Two-wheeler Tire Market is projected to witness a compound annual growth rate (CAGR) of around 4.93% between 2023-2028. Various factors, including market trends, size, forecasts, growth factors, challenges, and competitor assessments drive this growth.

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Brazil Two-wheeler Tire Market Segmentation Analysis: 2023-2028

The Brazil Two-wheeler Tire Market is segmented into:

By Type of Two Wheeler

• Scooter & Moped
  • Electric
  • IC Engine
• Motorcycle
  • Electric
  • IC Engine

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.)

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

and each segment is further divided into subdivisions, providing a detailed breakdown of the market dynamics.

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Brazil Two-wheeler Tire Market Opportunity:

The growing concern & increasing awareness among Brazilian agencies about the inherent disadvantages of using retreated tires, which can generate inorganic pollutants, led the Brazilian government to ban the use & import of retreated tires in 2022. This gave an enormous space for two-wheeler tire manufacturers to penetrate the market. Under this, the government prohibited the use of retreated tires on two- & three-wheeler motor vehicles, such as motorcycles, mopeds, and scooters, which, if failed to comply, will be considered a serious infraction. Therefore, with the rising government regulation to ban the use of retreated tires in two-wheelers, the domestic demand for retreated tires is anticipated to shift towards new tires. Hence, this would drive the revenue growth of two-wheeler tire manufacturers in Brazil during 2023-2028.

Geographical Coverage of Brazil Two-wheeler Tire Market

• North
• Northeast
• Southeast
• South
• Center-West

Top Leading key Players of Brazil Two-wheeler Tire Market

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

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Common Queries 

1. What is the current trajectory of cost and profit estimations in the Brazil Two-wheeler Tire Industry?
2. How do factors like supply and consumption shape the landscape of the industry?
3. In what ways do import and export considerations impact the dynamics of the Brazil Two-wheeler Tire Industry?
4. Which technological advancements are anticipated to shape the future of the Brazil Two-wheeler Tire Market?
5. Who are the noteworthy players highlighted in the Brazil Two-wheeler Tire Market research report?
6. What are the anticipated USD valuations and the CAGR for the forecasted years?

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