Two-Wheeler Tires Industry Poised to Hit USD 26.4 Billion by 2032, Driven by Rising Demand for Tubeless and Radial Tires | Persistence Market Research

Overview of the Market

The global two-wheeler tires market is witnessing robust expansion, driven by increased motorcycle and scooter adoption, particularly in emerging economies. The market size is expected to reach US$ 14.9 billion in 2025 and surge to US$ 26.4 billion by 2032, growing at a CAGR of 8.3% during the forecast period. Rising consumer demand for improved safety, performance, and fuel efficiency is steering the development of innovative tire designs.

Among segments, tubeless tires are anticipated to lead with a 43.6% market share in 2025, due to their durability and enhanced safety features. Asia Pacific will dominate geographically, accounting for 32.3% of the market in 2025. This dominance is supported by the region's booming two-wheeler population, strong aftermarket sales, and tire innovations tailored for electric two-wheelers.

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Key Highlights from the Report

• Tubeless tires are projected to account for 43.6% market share in 2025 due to their superior performance and safety.
• The OEM channel is estimated to hold 51.8% share in 2025 owing to bulk procurement advantages.
• Asia Pacific is expected to dominate with 32.3% share, driven by electric vehicle tire development and high two-wheeler density.
• Tire manufacturers are focusing on radial designs and enhanced tread for better wet grip and longevity.
• Sportbike enthusiasts are boosting demand for high-performance tires with enhanced handling and stability.
• Tubed tires still retain popularity in rural markets due to their better shock absorption and cost efficiency.

Market Segmentation

The two-wheeler tires market is segmented based on tire type, sales channel, and end-use applications. On the basis of tire type, tubeless and radial tires are gaining significant momentum due to their superior safety, resistance to punctures, and performance enhancements. Meanwhile, tubed tires continue to serve niche markets, especially in rural or off-road conditions where infrastructure is less developed.

By sales channel, the market is split into OEM (original equipment manufacturer) and aftermarket categories. OEMs are expected to dominate due to consistent tire procurement during vehicle production, while the aftermarket is gaining traction with the rise in tire replacement cycles, especially in high-mileage countries.

Regional Insights

Asia Pacific

Asia Pacific remains the most dominant market for two-wheeler tires, with countries like India, China, and Indonesia driving demand. The region benefits from a high volume of two-wheeler users, growing electrification of mobility, and strategic tire innovation to serve varied terrains and climates.

Europe and North America

In Europe and North America, premium motorcycle segments are growing. Riders here demand performance-centric tires, and radial tire adoption is increasing due to preference for long-distance touring and sport-riding experiences.

Market Drivers

The demand for enhanced safety and vehicle performance is a strong growth driver. As consumers grow more aware of the impact tire quality has on braking, handling, and fuel economy, they are increasingly opting for advanced tire technologies. Additionally, the rise of electric two-wheelers, especially in Asia, is pushing tire manufacturers to innovate with lightweight, low rolling resistance, and long-lasting tires.

Market Restraints

Despite the promising growth, the market faces challenges such as price sensitivity in emerging economies, which can hinder the adoption of premium tire models. Moreover, supply chain disruptions and raw material price volatility could affect manufacturing costs and overall profitability for tire makers.

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Market Opportunities

There is considerable opportunity in developing sustainable and smart tire solutions. Integration of RFID and sensor-based technology in high-end models can cater to premium customers. Furthermore, the growth of urban mobility and shared two-wheeler services presents a rising demand for long-lasting, durable, and high-performance tires.

Reasons to Buy the Report

✔ Gain access to accurate market size forecasts and growth estimates through 2032.
✔ Understand market segmentation by tire type, sales channel, and geographic region.
✔ Identify the leading trends shaping the two-wheeler tire industry globally.
✔ Benchmark performance of top competitors and evaluate their strategies.
✔ Stay updated with recent innovations, product launches, and technological advancements.

Frequently Asked Questions (FAQs)

What is the projected growth rate of the two-wheeler tires market?
How big is the global two-wheeler tires market in 2025 and 2032?
Who are the key players in the global two-wheeler tires market?
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Which region is estimated to dominate the two-wheeler tires industry during the forecast period?

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Company Insights

Key Players:
1. Michelin
2. Pirelli
3. CEAT Ltd.
4. MRF Ltd.
5. Bridgestone Corporation
6. Continental AG
7. TVS Srichakra Ltd.
8. Apollo Tyres
9. JK Tyre & Industries Ltd.
10. Hankook Tire & Technology

Recent Developments:

• CEAT launched the Gripp XL tire series targeting off-road users seeking improved rugged terrain traction.

• Michelin introduced Road 6 radial tires offering enhanced wet grip and long-lasting tread for sport touring motorcycles.

Conclusion

The global two-wheeler tires market is accelerating toward a more technologically advanced and consumer-responsive future. Factors such as rising urbanization, increasing demand for electric scooters and bikes, and growing interest in motorsport culture are collectively fostering tire innovation. With key players focusing on research, safety features, and diversified product portfolios, the industry is expected to maintain robust growth through 2032.

From OEM collaborations to regional innovations, the market holds abundant opportunities for manufacturers willing to invest in performance, sustainability, and adaptability. Whether targeting mass-market consumers or high-performance niches, two-wheeler tire producers are well-positioned to meet evolving mobility trends across the globe.

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This release was published on openPR.