Brazil Two-wheeler Tire Market Growth and Its Opportunity for Industry Stakeholders

This comprehensive Brazil Two-wheeler Tire Market report by “MarkNtel Advisors: Leading Market research Company” offers valuable insights into the current and future market landscape, providing clarity on potential challenges and strategies for optimal brand positioning. It features detailed market segmentation, in-depth analysis of key market players, emerging trends in consumer behavior and supply chain dynamics, and opportunities in new geographical markets. With the insights from this report, you can manage your marketing strategies for goods and services more effectively.

“According to recent market analysis report, the Brazil Two-wheeler Tire Market Size is expected to grow at a CAGR of 4.93% during the forecast period of 2023 to 2028.”

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Driving Force Behind the Growth of the Brazil Two-wheeler Tire Market through 2028

Rising Inclination of Residents Toward the Adoption of Electric Vehicles in Brazil - Growing urbanization & industrialization activities, combined with the significant increase in vehicle traffic in Brazil, has led to the degradation of its environment. This increased concerns amongst the government & e-mobility service providers to limit the CO2 emission & promote sustainable living by driving innovations in the manufacturing of fuel-efficient or alternative vehicles in the country.

Therefore, to minimize carbon emissions, the Environment Ministry of Brazil, in 2021, announced to reduce the emissions by over 50% by 2030. In response, this escalated the necessity in the country for an electric two-wheeler, thereby increasing the demand for tires in Brazil.

Market Segment Highlights:

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

Here, the replacement grabbed a considerable share in the Brazil Two-wheeler Tire market during the historical period. The factors responsible for market growth are high two-wheeler ownership rates & growing penetration of ride-hailing services to provide residents with affordable means to commute have notably increased two-wheeler fleets across the country.

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

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Brazil Two-wheeler Tire Market Competition Analysis:

Some of the top Two-wheeler Tire companies operating in the Brazil market are Michelin, Bridgestone, Pirelli, Maggion Industrias de Pneus e Máquinas LTDA., Borilli, Rinaldi, Pneus Technic, Others.

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