Report Description

Global premium two-wheeler tire market is anticipated to grow at a significant CAGR in the forecast period. Increase in the youth population around the globe coupled with the increase in the expenditure capacity of consumers the premium two-wheeler tire market is expected to witness significant growth in the next five years. The rapid urbanization of people in search of better job opportunities and quality living standards is contributing to a surge in the demand for the premium two-wheeler tire market. Shift in preference of the consumers for vehicle ownership as it instills independence to the consumers, and it is considered more economical and efficient. Availability of a wide range of premium two-wheeler vehicles across the world in different variety and price segments to attract more consumers is expected to fuel the demand for the premium two-wheeler tire market. Financial institutions are providing easy loans and EMI facilities with lower interest rates which in turn is aiding to increase the expenditure capacity of the consumers to afford premium two-wheeler vehicles. Market players are adopting attractive marketing strategies and social media campaigns to raise consumer awareness and improve the brand image. The offering of lucrative discounts to consumers and providing other benefits with the purchase of premium two-wheeler vehicles such as insurance policies, home delivery, amongst others are expected to act as a driver boosting the growth of the premium two-wheeler tire market in the next five years.

Global premium two-wheeler tire market is segmented into type, demand category, tire type, rim size, regional distribution, and company. Based on the regional analysis, the Asia-pacific region is expected to witness the fastest incremental growth in the premium two-wheeler tire market in the forecast period, 2024-2028. The presence of the major players in the region along with a large population pool is the driving factor for the high demand of the market. The rise in the affordability of the consumers and the high sales of premium two-wheeler vehicles are creating lucrative opportunities for the growth of the premium two-wheeler tire market.

The major players operating in the global premium two-wheeler tire market are Compagnie Générale des Établissements Michelin, Pirelli & C. S.p.A., Continental AG, Dunlop Tires, Bridgestone Tire Co., Ltd., Apollo Tyres Limited, The Goodyear Tire & Rubber Company, Cheng Shin Rubber Ind. Co. Ltd., INOUE RUBBER CO., LTD., Kenda Rubber Industrial Company, among others. Major companies are developing advanced technologies and launching new services to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.

Objective of the Study:

  • To analyze the historical growth of the market size of global premium two-wheeler tire market from 2018 to 2021.
  • To estimate and forecast the market size of global premium two-wheeler tire market from 2022 to 2028 and growth rate until 2028.
  • To classify and forecast global premium two-wheeler tire market based on type, demand category, tire type, rim size, regional dsitribution, and company.
  • To identify dominant region or segment in the global premium two-wheeler tire market.
  • To identify drivers and challenges for global premium two-wheeler tire market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global premium two-wheeler tire market.
  • To identify and analyze the profile of leading players operating in global premium two-wheeler tire market.
  • To identify key sustainable strategies adopted by market players in global premium two-wheeler tire market.


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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers who could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the globe.

TechSci Research calculated the market size of global premium two-wheeler tire market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

  • Premium two-wheeler tire manufacturing companies
  • Market research and consulting firms
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums, and alliances related to premium two-wheeler tire market.

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Attribute

Details

Base Year

2022

Historical Years

2018 – 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million, Volume in Units and CAGR for 2018-2022 and 2023E-2028F

Report Coverage

Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

·         Type

·         Demand Category

·         Tire Type

·         Rim Size

Regional Scope

North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa

Country Scope

United States; Canada; Mexico; China; India; Japan; Malaysia; Thailand; Indonesia; Vietnam; Philippines; Germany; France; United Kingdom; Spain; Italy; Belgium; Austria; Russia; Turkey; Brazil; Argentina; Colombia; Peru; Saudi Arabia; UAE; South Africa; Qatar; Bahrain; Egypt

Key Companies Profiled

Compagnie Générale des Établissements Michelin, Pirelli & C. S.p.A., Continental AG, Dunlop Tires, Bridgestone Tire Co., Ltd., Apollo Tyres Limited, The Goodyear Tire & Rubber Company, Cheng Shin Rubber Ind. Co. Ltd., INOUE RUBBER CO., LTD., Kenda Rubber Industrial Company.

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Report Scope:

In this report, global premium two-wheeler tire market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

·         Global Premium Two-Wheeler Tire Market, By Type:

    • Standard
    • Cruiser
    • Sport
    • Touring
    • Adventure Sport
  • Global Premium Two-Wheeler Tire Market, By Demand Category:
    • OEM
    • Replacement
  • Global Premium Two-Wheeler Tire Market, By Tire Type:
    • Radial
    • Bias
  • Global Premium Two-Wheeler Tire Market, By Rim Size:
    • up to 16inch
    • 16-17inch
    • Above 17inch
  • Global Premium Two-Wheeler Tire Market, By Region:
    • North America
      • United States
      • Canada
      • Mexico
    • Asia-Pacific
      • China
      • India
      • Japan
      • Malaysia

§  Thailand

§  Indonesia

§  Vietnam

§  Philippines

    • Europe & CIS
      • Germany
      • France
      • United Kingdom
      • Spain
      • Italy
      • Belgium
      • Austria
      • Russia
      • Turkey
    • South America

§  Brazil

§  Argentina

§  Colombia

§  Peru

o   Middle East & Africa

      • South Africa
      • UAE
      • Saudi Arabia
      • Qatar
      • Bahrain
      • Egypt

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global premium two-wheeler tire market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global premium two-wheeler tire market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

2.    Research Methodology

3.    Executive Summary

4.    Impact of COVID-19 on Global Premium Two-Wheeler Tire Market

5.    Voice of Customer

5.1.  Factors Influencing Purchase Decision

5.2.  Aided Brand Recall and Unaided Brand Recall

5.3.  Brand Satisfaction Level

6.    Global Premium Two-Wheeler Tire Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value and Volume

6.2.  Market Share & Forecast

6.2.1.     By Type (Standard, Cruiser, Sport, Touring, Adventure Sport)

6.2.2.     By Demand Category (OEM vs Replacement)

6.2.3.     By Tire Type (Radial vs Bias)

6.2.4.     By Rim Size (up to 16inch, 16-17inch, Above 17inch)

6.2.5.     By Region (North America; Europe; Asia Pacific; South America and Middle East & Africa)

6.2.6.     By Company (2022)

6.3.  Two-Wheeler Fleet, By Type, 2022

6.4.  Product Market Map (By Type, By Region)

7.    North America Premium Two-Wheeler Tire Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value and Volume

7.2.  Market Share & Forecast

7.2.1.     By Type

7.2.2.     By Demand Category

7.2.3.     By Tire Type

7.2.4.     By Rim Size

7.2.5.     By Country (United States; Canada; Mexico)

7.3.  Two-Wheeler Fleet, By Type, 2022

7.4.  Product Market Map (By Type, By Country)

7.5.  North America: Country Analysis

7.5.1.     United States Premium Two-Wheeler Tire Market Outlook

7.5.1.1.         Market Size & Forecast

7.5.1.1.1.             By Value and Volume

7.5.1.2.         Market Share & Forecast

7.5.1.2.1.             By Type

7.5.1.2.2.             By Demand Category

7.5.1.2.3.             By Tire Type

7.5.1.2.4.             By Rim Size

7.5.1.3.         Two-Wheeler Fleet, By Type, 2022

7.5.1.4.         Top 5 Tire Sizes, 2022

7.5.2.     Canada Premium Two-Wheeler Tire Market Outlook

7.5.2.1.         Market Size & Forecast

7.5.2.1.1.             By Value and Volume

7.5.2.2.         Market Share & Forecast

7.5.2.2.1.             By Type

7.5.2.2.2.             By Demand Category

7.5.2.2.3.             By Tire Type

7.5.2.2.4.             By Rim Size

7.5.2.3.         Two-Wheeler Fleet, By Type, 2022

7.5.2.4.         Top 5 Tire Sizes, 2022

7.5.3.     Mexico Premium Two-Wheeler Tire Market Outlook

7.5.3.1.         Market Size & Forecast

7.5.3.1.1.             By Value and Volume

7.5.3.2.         Market Share & Forecast

7.5.3.2.1.             By Type

7.5.3.2.2.             By Demand Category

7.5.3.2.3.             By Tire Type

7.5.3.2.4.             By Rim Size

7.5.3.3.         Two-Wheeler Fleet, By Type, 2022

7.5.3.4.         Top 5 Tire Sizes, 2022

8.    Asia Pacific Premium Two-Wheeler Tire Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value and Volume

8.2.  Market Share & Forecast

8.2.1.     By Type

8.2.2.     By Demand Category

8.2.3.     By Tire Type

8.2.4.     By Rim Size

8.2.5.     By Country (China, India, Japan, Malaysia, Thailand, Indonesia, Vietnam, Philippines)

8.3.  Two-Wheeler Fleet, By Type, 2022

8.4.  Product Market Map (By Type, By Country)

8.5.  Asia Pacific: Country Analysis

8.5.1.     China Premium Two-Wheeler Tire Market Outlook

8.5.1.1.         Market Size & Forecast

8.5.1.1.1.             By Value and Volume

8.5.1.2.         Market Share & Forecast

8.5.1.2.1.             By Type

8.5.1.2.2.             By Demand Category

8.5.1.2.3.             By Tire Type

8.5.1.2.4.             By Rim Size

8.5.1.3.         Two-Wheeler Fleet, By Type, 2022

8.5.1.4.         Top 5 Tire Sizes, 2022

8.5.2.     India Premium Two-Wheeler Tire Market Outlook

8.5.2.1.         Market Size & Forecast

8.5.2.1.1.             By Value and Volume

8.5.2.2.         Market Share & Forecast

8.5.2.2.1.             By Type

8.5.2.2.2.             By Demand Category