Brazil Two-wheeler Tire Market Trend, Size, Share, Trends, Growth, Report and Forecast 2023-2028

Market Insights Analysis: The Brazil Two-wheeler Tire Market (2023-28):

MarkNtel Advisors has published a research report on the Brazil Two-wheeler Tire Market for the forecast years, 2023-28. This research is a dependable reference for assessing historical and future data, developmental trends, and prevailing industry catalysts. Recognizing the growing demand for market research across various sectors, a comprehensive study has been formulated addressing diverse topics. Through qualitative and quantitative data, this report effectively covers key alterations, gap analyses, emerging opportunities, trends, industry dynamics, and competitive challenges.

Brazil Two-wheeler Tire Market Overview:

According to the latest report from MarkNtel Advisors, The Brazil Two-wheeler Tire Market is projected to grow at a CAGR of around 4.93% in terms of units sold during the forecast period, 2023-28. This comprehensive analysis contains key insights into market trends, size, projections, growth catalysts, challenges, and competitor assessments.

The report offers an in-depth evaluation of the Brazil Two-wheeler Tire Market, presenting the latest developments and providing an overview of the current market scenario. With markets gradually recovering from the impact of the pandemic, there is a notable stabilization or even an increase in disposable income in developing nations, driving the market's momentum.

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.

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Brazil Two-wheeler Tire Market Segmentation Analysis:

This thorough analysis of the Brazil Two-wheeler Tire Market facilitates the identification of significant market factors. The report delves into key market segments and the regional analysis outlined within this research, which will significantly aid industry players in refining their consumer targeting, strategic positioning, and overall business expansion efforts. The Market exhibits a high degree of fragmentation, categorizing into distinct segments as follows:

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

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.

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Analysis of Brazil Two-wheeler Tire Market Share:

The competitive landscape of the Brazil Two-wheeler Tire Market is dissected through a thorough competitor analysis. This includes detailed insights into each company's profile, financial performance, market share, potential, Research and Development (RD) investments, recent market initiatives, reach, strengths and weaknesses, as well as product/service launches and dominance. The information outlined above offers a comprehensive overview of the prominent market players, including,

Michelin, Bridgestone, Pirelli, Maggion Industrias de Pneus e Máquinas LTDA., Borilli, Rinaldi, Pneus Technic, Others.

Frequently Asked Questions (FAQs)

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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.