China Two-Wheeler Tire Market Overview:
According to MarkNtel Advisors study the China Two-Wheeler Tire Market size is estimated to grow at a CAGR of around 4.5% during the forecast period, i.e., 2024-30. The rise in demand for two-wheeler tires in China is attributed to the increasing use of these vehicles for personal and commercial purposes. The rise in usage of two-wheelers has been due to their fuel efficiency, convenience, such as while navigating congested urban areas, and rising motorcycle sportsmanship. In addition, young demographics prefer leisure motorcycling as their hobbies. All these require advanced tires having better grip and suspension, thus driving year-on-year demand for off-road, dual-purpose, and track tires.
Key Findings of the Study: China Two-Wheeler Tire market
China Two-Wheeler Tire Market Trend:
Two-Wheeler Shared Mobility Solutions in China Gaining Traction – China’s urban transportation landscape is undergoing a significant transformation, with two-wheeler shared mobility solutions emerging as a popular and efficient mode of transit. The trend of rising shared mobility services, such as two-wheelers-sharing, and ride-hailing, is supported by the integration of smart technologies like GPS tracking and mobile applications, making two-wheeler shared mobility solutions more user-friendly and accessible. In recent years, China has been at the forefront of the mobility revolution, with the country’s transportation sector undergoing significant changes. Further, the country’s rapid adoption of shared two-wheeled transport, particularly electric motorcycles, is reshaping the way for the demand for tires. The Chinese government has additionally supported shared transportation services with rules meant to encourage the adoption of efficient and clean means of transportation. The expansion of shared mobility services in China has given business services in numerous ways.
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Scope of the China Two-Wheeler Tire Market Report Segmentation
-By Vehicle Type
- Scooters & Mopeds– Market Size & Forecast, 2019-2030, Thousand
- Motorcycles- Market Size & Forecast, 2019-2030, Thousand
-By Tire Type
- Radial- Market Size & Forecast, 2019-2030, Thousand
- Bias- Market Size & Forecast, 2019-2030, Thousand
-By Demand Type
- OEMs- Market Size & Forecast, 2019-2030, USD Million
- Replacement- Market Size & Forecast, 2019-2030, Thousand
-By Tire Size
- Tire Size 1- Market Size & Forecast, 2019-2030, Thousand
- Tire Size 2- Market Size & Forecast, 2019-2030, Thousand
- Tire Size 3- Market Size & Forecast, 2019-2030, Thousand
- Tire Size 4- Market Size & Forecast, 2019-2030, Thousand
- Tire Size 5- Market Size & Forecast, 2019-2030, Thousand
-By Price Category
- Budget-Market Size & Forecast 2019-2030, Thousand
- Economy-Market Size & Forecast 2019-2030, Thousand
- Premium-Market Size & Forecast 2019-2030, Thousand
-By Sales Channel
- Direct Sales-Market Size & Forecast 2019-2030, Thousand
- Exclusive Outlets-Market Size & Forecast 2019-2030, Thousand
- Multi Brand Stores-Market Size & Forecast 2019-2030, Thousand
- Online- Market Size & Forecast 2019-2030, Thousand
For more detailed information about the China Two-Wheeler Tire market report, click here – https://www.marknteladvisors.com/research-library/china-two-wheeler-tire-market.html
Geographical analysis:
-By Region
- North Central
- North-East
- North-West
- South East
- South-West
- South Central
China Two-Wheeler Tire Industry Recent Development:
- 2024: Mitas Tires announced a new addition to its Adventure Tire collection called Enduro Trail-XT.
- 2023: Bridgestone introduced its premium sports motorcycle tires, BATTLAX HYPERSPORT S23 globally, including China.
Current Landscape of China Two-Wheeler Tire Market
The report delineates key market participants and thoroughly assesses their strategic approaches, trends, innovations, and manufacturing infrastructure, enabling a forecast of their market impact over the next five years. The meticulously researched data presented holds the potential to distinguish even nascent market entrants in the long term. Armed with pertinent data and actionable insights, our research report delivers a comprehensive overview of the market, empowering investors and stakeholders to establish a robust presence in the China Two-Wheeler Tire market. The research report profiles major players, including
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- Zhongce Rubber Group Co., Ltd.
- Michelin
- Bridgestone
- Pirelli
- Cheng Shin Rubber (CST)
- Qingdao Oguan Rubber Products Co., Ltd.
- Richtone Tyres
- Tianjin Hengtai Gallop Technology Co., Ltd. (Kingtyre)
- Good Year Tire & Rubber Company
- Mitas Tires
- Others
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