MarkNtel Advisors, a leading market research and consulting firm, has announced the release of its latest study titled Asia-Pacific Two-Wheeler Tire Market Research Report: Forecast (2024–2030). This report provides a detailed assessment of the Asia-Pacific Two-Wheeler Tire, covering its evolving dynamics, emerging trends, key growth drivers, major challenges, and competitive landscape.

Designed to guide investors, stakeholders, and business leaders, the research aims to deliver valuable insights for strategic planning, risk assessment, and investment decision-making in the years ahead.

Market Timeline Overview

• Historical Years: 2019–22
• Base Year: 2023
• Forecast Years: 2024–30

This helps businesses identify emerging opportunities, assess market risks, and develop data-driven strategies for long-term success.

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In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2026 to 2032, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.

Asia-Pacific Two-Wheeler Tire Market Outlook

The Asia-Pacific Two-Wheeler Tire Market size was valued at around USD 10.16 billion in 2022 and is estimated to grow at a CAGR of around 7.39% during the forecast period, i.e., 2024-30. The region's rapid urbanization and burgeoning population continue to fuel the need for affordable and efficient transportation options, with Two-Wheelers being a popular choice. This demographic expansion, especially in densely populated urban areas, of the region propels the demand for tire replacements as more individuals opt for motorcycles and scooters as their primary mode of transport, which often leads to frequent wear and tear as a result of uneven road conditions.

Asia-Pacific Two-Wheeler Tire Market Drivers:

Growing Penetration of Two-Wheelers in Shared Mobility Services – In the Asia-Pacific region, the number of students that commute regularly has been constantly growing due to favorable government policies such as easy visa clearance & student exchange programs to attract foreign students for higher studies. For instance, in 2021, Australia welcomed nearly 572,349 international students, which reached approximately 619,371 in 2022, according to the Ministry of Education. These students have been observed to prefer to hire Two-Wheeler shared & rental services, as scooters & bikes are ideal options to avoid city congestion & save costs.

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Asia-Pacific Two-Wheeler Tire Market Trends:

Increasing Inclination Towards Sustainable Two-Wheeler Tires – The continuous increase in CO2 emissions in the region, specifically across China, and India, as a result of the surging accumulation of on-road vehicles has led to an increased focus of the regional governments on boosting initiatives toward reducing these emissions to ensure sustainability. Owing to this, both the governments of the Asia-Pacific region and the Two-Wheeler manufacturers such as Honda, Yamaha, Suzuki, etc. are turning towards adopting sustainable tires.

Asia-Pacific Two-Wheeler Tire Market Segmentation

The study categorizes the Asia-Pacific Two-Wheeler Tire into various segments and sub-segments, each analyzed for its size, growth potential, and contribution to the overall industry.

By Vehicle Type

• Scooter and Moped- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
  • Electric
  • Upto 100CC - Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
  • 101 cc to 125 cc- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
  • 126 cc to 150 cc- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
  • Above 150 cc- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
• Motorcycle- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
  • Electric
  • Upto 100CC- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
  • 101 cc to 125 cc- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
  • 126 cc to 150 cc- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
  • Above 150 cc- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)

By Tire Size

• 140/70-17- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
• 80/90-14- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
• 90/90-14- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
• 80/90-17- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
• Others (70/90-17, 110/70-17 etc.)- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)

By Tire Type

• Radial- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
• Bias - Market Size & Forecast 2019-2030F, Unit Sold (Thousand)

By Price Category

• Budget (Upto USD 10)- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
• Economy (USD 11- USD 30) - Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
• Premium (Above USD 31)- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)

By Sales Channel

• Online- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
• Direct Sales - Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
• Multi Brand Stores- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
• Exclusive Outlets- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)

By Demand Type

• OEM- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
• Aftermarket - Market Size & Forecast 2019-2030F, Unit Sold (Thousand)

Geographical Analysis

The report presents detailed insights into the market’s geographical expansion, highlighting key trends and opportunities across the following geographies:

By Country

• China
• India
• Japan
• Malaysia
• Indonesia
• Singapore
• Cambodia
• Vietnam
• Thailand
• Philippines
• Australia
• New Zealand
• South Korea
• Rest of Asia-Pacific.

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Leading Companies in Asia-Pacific Two-Wheeler Tire Market Worldwide: Players, Analysis & Future Outlook

• MRF Tyres
• Bridgestone Tyres
• Continental Tires
• CEAT Tyres
• Apollo Tyres  
• TVS Eurogrip
• Pirelli Tires
• JK Tyre
• Compagnie Générale des Établissements Michelin SCA
• Maxxis Tyres
• Camel Industries Co. Ltd.
• Inoue Rubber Co. Ltd. (IRC Tires)
• Heidenau Tyres
•  

Key Highlights of the Report

• Comprehensive Market Overview: In-depth analysis of market size, share, and forecasts from 2024 to 2030.
• Growth Drivers & Challenges: Clear insights into factors feeling or restraining market expansion.
• Investment & Regulatory Insights: Evaluation of key policies, funding trends, and collaborations influencing industry performance.
• Competitive Landscape: Detailed profiles of leading companies, including product portfolios, business strategies, financials, and recent developments such as mergers & acquisitions.

Analytical Tools: Application of SWOT Analysis, PESTEL Analysis, and Porter’s Five Forces Model to assess competition and external influences

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Frequently Asked Questions (FAQ)

1. What is the projected growth rate of the Asia-Pacific Two-Wheeler Tire?
   2. What are the major factors driving this market’s growth?
   3. Which regions are expected to lead the Asia-Pacific Two-Wheeler Tire?
   4. Who are the prominent players in the Asia-Pacific Two-Wheeler Tire?
   5. How is the competition structured in this market?
   6. How can I access the full report?

About Us

MarkNtel Advisors is a premier market research and consulting firm with deep domain expertise in the tire industry, including off-the-road vehicle tires, performance tires, and comprehensive tire reports. Our research covers manufacturing processes, raw material trends, and market expansion strategies. Leveraging Competitive Intelligence, we help tire manufacturers, distributors, and investors benchmark performance, anticipate demand shifts, and implement data-driven strategies for achieving long-term competitiveness and sustainability.

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