Two-Wheeler Tire Market:
According to MRFR analysis, the two-wheeler tire market was valued at USD 9.24 billion in 2024. The market is expected to grow moderately, reaching USD 9.48 billion in 2025 and further expanding to approximately USD 12.00 billion by 2034. This represents a compound annual growth rate (CAGR) of around 2.65% over the forecast period from 2025 to 2034.
The two-wheeler tire market, comprising tires for motorcycles, scooters, mopeds, and bicycles, has been experiencing steady growth, driven by increasing two-wheeler sales and advancements in tire technology.
Demand is particularly strong in regions where two-wheelers are widely used for personal and commercial transportation, especially in emerging economies across Asia, Africa, and Latin America. This article explores the factors driving growth in the two-wheeler tire market, the current challenges, and emerging trends that are shaping the future of the industry.
Market Demand and Key Drivers
- Growing Two-Wheeler Sales: A key driver of the two-wheeler tire market is the rising demand for motorcycles, scooters, and electric two-wheelers, particularly in countries like India, China, and Brazil. In these regions, two-wheelers offer an affordable and fuel-efficient transportation solution, especially for middle- and low-income consumers. As urbanization increases and people seek convenient, cost-effective transportation options, the demand for two-wheeler tires continues to grow.
- Expansion of Electric Two-Wheelers: The global shift toward electric vehicles (EVs) is impacting the two-wheeler market, with electric scooters and motorcycles seeing growing popularity. This shift is particularly evident in urban areas where governments are promoting electric vehicles to reduce emissions. Electric two-wheelers have specific requirements for tire durability and lower rolling resistance to extend battery life, creating new opportunities in the two-wheeler tire market.
- Rise in Aftermarket Demand: Due to wear and tear, two-wheeler tires need to be replaced frequently, resulting in a substantial aftermarket demand. This segment, which includes replacement tires for both commuter and high-performance two-wheelers, is a significant driver of growth for the industry. With increasing two-wheeler ownership and usage rates, the need for reliable, affordable replacement tires is expected to grow.
Market Segmentation
The two-wheeler tire market can be segmented based on type, vehicle type, sales channel, and region:
- By Tire Type: Bias-ply and radial tires are the two main types, with bias-ply being more common in developing markets due to affordability. However, radial tires are gaining popularity for high-performance motorcycles, as they provide better grip and control.
- By Vehicle Type: The market is dominated by tires for motorcycles, followed by scooters and mopeds. The rising demand for electric two-wheelers is also creating a niche segment for specialized tires that support EV needs.
Key Challenges
Despite its growth, the two-wheeler tire market faces several challenges:
- Raw Material Cost Fluctuations: Tire manufacturing depends heavily on raw materials like rubber and synthetic compounds. Price fluctuations in these materials, often caused by supply chain disruptions or changes in global demand, can impact manufacturing costs, affecting both manufacturers and consumers.
- Counterfeit Products: In regions where cost is a significant factor, counterfeit or substandard tires have flooded the market, posing safety risks and damaging the reputation of legitimate brands. These products are often sold at a lower price, attracting budget-conscious consumers who may not be aware of the associated risks.
- Environmental Concerns: The manufacturing and disposal of tires raise environmental concerns due to the high levels of energy consumption and waste. As governments enforce stricter regulations on carbon emissions and encourage the use of eco-friendly materials, manufacturers face added pressure to adopt sustainable practices, which can increase production costs.
Trends Shaping the Future of the Two-Wheeler Tire Market
- Growing Popularity of Tubeless Tires: Tubeless tires are gaining traction in the two-wheeler market due to their advantages, including better safety, convenience, and reduced risk of punctures. These tires are increasingly being adopted in both OEM and aftermarket segments, particularly for high-performance motorcycles and scooters.
- Technological Advancements and Smart Tires: Innovations such as smart tires equipped with sensors to monitor tire pressure, temperature, and tread wear are gradually being introduced to the market. Although primarily seen in high-performance or premium models, these technologies are expected to trickle down to the mass market over time, improving safety and extending tire life.
- Shift Towards Eco-Friendly Tires: With increased emphasis on sustainability, tire manufacturers are investing in eco-friendly materials and processes. For instance, some manufacturers are exploring alternatives to natural rubber and synthetic compounds, such as bio-based materials, which can reduce environmental impact. This trend aligns with broader consumer and regulatory preferences for sustainable products.
Future Outlook
The two-wheeler tire market is set for steady growth, driven by rising two-wheeler ownership, increasing urbanization, and expanding aftermarket demand. With the growing adoption of electric two-wheelers, manufacturers are likely to see new opportunities for product diversification, particularly for tires that support EV-specific requirements.
Regional demand will vary, with Asia-Pacific likely to remain the dominant market due to high two-wheeler usage in countries like India, China, Indonesia, and Vietnam. Latin America and Africa also present growth potential as economic development and urbanization progress.
Two Wheeler Tire Industry Developments and Updates 2025
Pirelli: Industry Development and Latest Update 2025
May 2025 - Pirelli unveiled its new "P Zero Moto Advanced" tire line specifically engineered for high-performance motorcycles. The proprietary compound features enhanced wet grip properties while maintaining exceptional durability. According to Pirelli's press release, the new tire line showed a 15% improvement in wet braking distance during controlled testing compared to their previous generation. The company announced that production will begin at their Milan facility next month with global distribution starting in August 2025.
Apollo Tyres Ltd: Industry Development and Latest Update 2025
March 2025 - Apollo Tyres Ltd announced the expansion of its "Acti" series of two-wheeler tires with the introduction of a new eco-friendly variant manufactured using 35% recycled materials. The company stated this initiative aligns with their sustainability commitments while maintaining performance standards. During the product launch event in Chennai, Apollo Tyres' Chief Technology Officer revealed that the new manufacturing process reduces carbon emissions by approximately 28% compared to conventional production methods. The eco-friendly variant will initially be available in the Indian market with plans for global expansion by Q4 2025.
Explore More Trending Report
Cell-to-Pack Battery Market
Electric Coolant Pump For Passenger Car Market
Electric Tuk Tuk Market
Electric Vehicle Conversion Kit Market
Ev Battery Cell Market