Brazil Two-wheeler Tire Market Insight, Driving Factor, Primary Challenge, and Estimated Growth [2028]
This comprehensive Brazil Two-wheeler Tire Market report by “MarkNtel Advisors: Leading Market research Company” offers valuable insights into the current and future market landscape, providing clarity on potential challenges and strategies for optimal brand positioning. It features detailed market segmentation, in-depth analysis of key market players, emerging trends in consumer behavior and supply chain dynamics, and opportunities in new geographical markets. With the insights from this report, you can manage your marketing strategies for goods and services more effectively.
“According to recent market analysis report, the Brazil Two-wheeler Tire Market Size is expected to grow at a CAGR of 4.93% during the forecast period of 2023 to 2028.”
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Driving Force Behind the Growth of the Brazil Two-wheeler Tire Market through 2028
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.
Market Segment Highlights:
By Type of Two Wheeler
- Scooter & Moped
- Electric
- IC Engine
- Motorcycle
- Electric
- IC Engine
By Engine Power
- Up to 50 CC
- 51 to 160 CC
- 161 to 300 CC
- 301 to 449 CC
- Above 450 CC
- Electric
By 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.)
By Type of Tire
- Bias
- Radial
By Demand Type
- OEM
- Replacement
Here, the replacement grabbed a considerable share in the Brazil Two-wheeler Tire market during the historical period. The factors responsible for market growth are high two-wheeler ownership rates & growing penetration of ride-hailing services to provide residents with affordable means to commute have notably increased two-wheeler fleets across the country.
By Sales Channel
- Online
- Multi-brand Stores
- Local Tire Dealers
- Hypermarkets
- Supermarkets
- Exclusive Outlets
By 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.)
By Geography
- Urban
- Rural
By State
- 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
Explore the Full Report with Charts, Table of Contents, and List of Figures – https://www.marknteladvisors.com/research-library/brazil-two-wheeler-tire-market.html
Brazil Two-wheeler Tire Market Competition Analysis:
Some of the top Two-wheeler Tire companies operating in the Brazil market are Michelin, Bridgestone, Pirelli, Maggion Industrias de Pneus e Máquinas LTDA., Borilli, Rinaldi, Pneus Technic, Others.
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