Brazil Two-wheeler Tire Market: Forecasted 4.93% CAGR by 2028, Examining Size, Share, and Demand

MarkNtel Advisors has recently published "Brazil Two-wheeler Tire Market Analysis Share, Growth, Demand, Forecast  2028," a comprehensive research report that provides in-depth analysis of various factors driving the industry's growth across different geographic regions. This report offers reliable insights into the historical, current, and projected trends, in the Brazil Two-wheeler Tire Market, presented through detailed explanations, tables, and figures. It equips stakeholders with valuable knowledge of the industry dynamics, enabling them to strategize effectively before making investment decisions.

The report indicates that the Brazil Two-wheeler Tire Market is anticipated to experience a CAGR of approximately 4.93% during the period of 2023-2028. Our analysis encompasses a thorough examination of various environmental factors, economic and social issues, technological advancements, and other relevant aspects that are crucial for stakeholders during decision-making processes. In order to provide a reliable, accurate, and comprehensive understanding of the industry, our analysts have conducted extensive research utilizing tools such as SWOT (Strengths, Weaknesses, Opportunities, and Threats) analysis and Porter's Five Forces Analysis.

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Market Dynamics

Key Driver: 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.

Recent Developments

• In 2018, Bridgestone partnered with Polytotal Pneus Group & announced the launch of over eight exclusive stores in the Midwest region of Brazil. The facility offers Bridgestone & Firestone tires for motorbikes, among other vehicles, to the customers.
• In 2017, Michelin acquired levering, a Brazilian manufacturer of bicycle & motorcycle tires. Under this acquisition, the company consolidated its presence in Brazil & strengthened the global development of its 2 Wheel tire ranges.

Segmenting Success: Unveiling Opportunities in the Brazil Two-wheeler Tire Market 2023-2028

The Brazil Two-wheeler Tire Market, characterized by its fragmented nature and numerous subdivisions, is thoroughly examined in the report. We provide detailed insights on each segment and geographical location, empowering stakeholders and industry leaders to comprehend the market dynamics and devise new strategies and investments. Furthermore, by gaining a deeper understanding of the ebb and flow within each segment, investors can make well-informed decisions and expand their production and revenue streams in the coming years. The report focuses on key market dynamics, including recent developments, trends, demand and supply chain analysis, purchase patterns, and product/service pricing, among others, within the following segments:

Based on Type of Two Wheeler

- Scooter & Moped

-- Electric

-- IC Engine

- Motorcycle

-- Electric

-- IC Engine

Based on Engine Power

- Up to 50 CC

- 51 to 160 CC

- 161 to 300 CC

- 301 to 449 CC

- Above 450 CC

- Electric

Based on 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.)

Based on Type of Tire

- Bias

- Radial

Based on Demand Type

- OEM

- Replacement

Based on Sales Channel

- Online

- Multi-brand Stores

-- Local Tire Dealers

-- Hypermarkets

-- Supermarkets

- Exclusive Outlets

Based on 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.)

Based on Geography

- Urban

- Rural

Geographically, the Brazil Two-wheeler Tire Market expands across the following:

- 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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Unveiling the Competitive Landscape: Insights into Key Players in the Brazil Two-wheeler Tire Market 2023-2028

The report provides a comprehensive competitive analysis, highlighting a key aspect of the industry—the existing players. Each player is extensively profiled, covering vital aspects such as business overview, demand and supply chain, key strategies, latest news, product launches, pricing catalog, recent developments, revenue generation, stakes and investments, and trends. These insights aim to assist stakeholders in diversifying and strategizing their investments and participation in the Brazil Two-wheeler Tire Market, ultimately seeking substantial revenue generation over the forecasted years.

- Michelin

- Bridgestone

- Pirelli

- Maggion Industrias de Pneus e Máquinas LTDA.

- Borilli

- Rinaldi

- Pneus Technic

About MarkNtel Advisors

MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals. Using such information, our clients can identify attractive investment opportunities & strategize their moves to yield higher ROI (Return of Interest) through an early mover advantage with top-management approaches.

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