South America Two Wheeler Tire Market Size, Share, Trends, Demand, Growth and Competitive Analysis 2028
The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape.
In-Depth Market Overview of South
America Two Wheeler Tire Market (2023-2028):
According
to the latest report, the South
America Two Wheeler Tire is projected to witness significant growth
during the forecast period of 2023-2028, with a projected compound annual growth
rate (CAGR) of around 12.25%. The
report demonstrates the prominent factors propelling the exponential growth of
the South America Two Wheeler Tire Market.
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·
Historic Period: 2018-2021
·
Base year: 2022
·
Forecast Years: 2023-2028
·
CAGR (2024-30): 12.25%
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What are the major Driver
the South America Two
Wheeler Tire industry?
Rapid Urbanization to Fuel the Demand for Two-wheeler
Tires in the Region – As urban areas
rapidly expand & population increases, there is a surging demand for
efficient & cost-effective transportation options, particularly in
countries like Brazil & Colombia. Thus, it is presumed that the flourishing
urbanization would drive the growth of the South America Two Wheeler Tire
Market.
In
Brazil, cities such as Sao Paulo & Rio de Janeiro have experienced rapid
urbanization, resulting in increased traffic congestion. As a result,
motorcycles & scooters have become popular choices for daily commuting,
offering agility & fuel efficiency in navigating through crowded city
streets. As more individuals opt for motorcycles & scooters as their
preferred mode of transportation in urban areas, the demand for reliable &
high-quality two-wheeler tires is expected to rise, presenting lucrative
opportunities for tire manufacturers & retailers operating in the South
American market.
Tire
manufacturers & retailers that cater to this market can capitalize on the
growing urbanization trends by offering high-quality &reliable tires
designed for urban environments. Additionally, government initiatives &
infrastructure development aimed at improving urban mobility will further
stimulate the demand for two-wheelers, subsequently enhancing the South America
Two-wheeler Tire Market size.
South America Two Wheeler Tire Market
Segmentation
The South
America Two Wheeler Tire Market analysis of MarkNtel Advisors explores the
industry by emphasizing the growth parameters and categorizes including
geographical segmentation, to offer a comprehensive understanding of the market
dynamic. The further bifurcations are as follows:
- By Vehicle Type
- Scooter and Moped
- Upto 100CC, Market Size & Forecast
2018-2028F, Unit Sold (Thousand)
- 101 cc to 125 cc, Market Size &
Forecast 2018-2028F, Unit Sold (Thousand)
- 126 cc to 150 cc, Market Size &
Forecast 2018-2028F, Unit Sold (Thousand)
- Above 150 cc, Market Size &
Forecast 2018-2028F, Unit Sold (Thousand)
- Motorcycle
- Upto 100CC, Market Size & Forecast
2018-2028F, Unit Sold (Thousand)
- 101 cc to 125 cc, Market Size &
Forecast 2018-2028F, Unit Sold (Thousand)
- 126 cc to 150 cc, Market Size &
Forecast 2018-2028F, Unit Sold (Thousand)
- Above 150 cc, Market Size &
Forecast 2018-2028F, Unit Sold (Thousand)
- By Tire Size
- Tire Size 1, Market Size & Forecast
2018-2028F, Unit Sold (Thousand)
- Tire Size 2, Market Size & Forecast
2018-2028F, Unit Sold (Thousand)
- Tire Size 3, Market Size & Forecast
2018-2028F, Unit Sold (Thousand)
- Tire Size 4, Market Size & Forecast
2018-2028F, Unit Sold (Thousand)
- Tire size 5, Market Size & Forecast
2018-2028F, Unit Sold (Thousand)
- By Tire Type
- Radial, Market Size & Forecast
2018-2028F, Unit Sold (Thousand)
- Bias, Market Size & Forecast
2018-2028F, Unit Sold (Thousand)
- By Price Category
- Budget, Market Size & Forecast
2018-2028F, Unit Sold (Thousand)
- Economy, Market Size & Forecast
2018-2028F, Unit Sold (Thousand)
- Premium, Market Size & Forecast
2018-2028F, Unit Sold (Thousand)
- By Sales Channel
- Online, Market Size & Forecast
2018-2028F, Unit Sold (Thousand)
- Direct Sales, Market Size &
Forecast 2018-2028F, Unit Sold (Thousand)
- Multi Brand Stores, Market Size &
Forecast 2018-2028F, Unit Sold (Thousand)
- Exclusive Outlets, Market Size &
Forecast 2018-2028F, Unit Sold (Thousand)
- By Demand Type
- OEM, Market Size & Forecast
2018-2028F, Unit Sold (Thousand)
- Replacement, Market Size & Forecast
2018-2028F, Unit Sold (Thousand)
- By Country
- Brazil
- Argentina
- Chile
- Colombia
- Peru
- Paraguay
- Ecuador
- Uruguay
- Rest of South America
As per the regional aspect, the South America Two Wheeler Tire Market is expected to be dominated by the Brazil by capturing the potential market share.
Explore further
details about this research report-
https://www.marknteladvisors.com/research-library/south-america-two-wheeler-tire-market.html
Top Companies in the South America Two Wheeler Tire Market
Michelin, Bridgestone, Pirelli,
Dunlop, Maggion Tires, Borilli, Rinaldi Tires, Pneus Technic, Maxxis, Kenda
Tire, Others
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