Brazil Two-wheeler Tire Market Size & Growth Analysis: Current Trends and Future Prospects (2023-28)
Among the recent reports from MarkNtel Advisors, the ” Brazil Two-wheeler Tire Market Analysis, 2023-2028” offers a detail-driven analysis of the current & future scenarios of the industry, including market size, drivers, challenges, opportunities, threats, regional shares, & key competitors, among others.
According to the study, the Brazil Two-wheeler Tire Market size is set to register around 4.93% CAGR during 2023-28. With this report, our domain-specific experts & dedicated analysts aim to provide stakeholders with detailed insights into the constant fluctuations in the market growth trajectory and what to expect in the forecasted period, helping them thrive in the industry.
Moreover, the report incorporates detailed information on the major Factors influencing the Brazil Two-wheeler Tire Market dynamics across different segments/sub-segments & geographies, along with the competitive landscaping, current trends, recent developments, and various strategies adopted by top industry participants for revenue generation.
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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.
Major Highlights from the Brazil Two-wheeler Tire Market Research Report
- Highlights on market drivers, restraints, and opportunities
- Examination of business strategies and market shares
- Profiling of the Brazil Two-wheeler Tire Market leaders, including their mergers & acquisitions and the key strategies adopted
- Insights into the regulatory scenario and regional dynamics
- Detailed assessment on investment & revenue generation strategies
- Identification of high-growth segments and geographies in the Brazil Two-wheeler Tire Market
- Latest trends, developments, and other relevant factors
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Brazil Two-wheeler Tire Market: Key Segments | Regions/Countries | Competitor Analysis
This section of the report intends to provide stakeholders with insights into high-growth segments and help them devise winning strategies to stay competitive in the industry. Technical trends, downstream & upstream value chain analysis, along with Porter's five forces analysis are the major pointers considered while forecasting the market scenario for individual regions/countries. The Brazil Two-wheeler Tire Market segmentation is 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
Geographically, the Brazil Two-wheeler Tire Market extends across:
By Region
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
In addition, the research study includes the leading Brazil Two-wheeler Tire Market companies, their financials, market shares, resources, recent developments, revenue generation strategies, strategic partnerships, and significant mergers & acquisitions in recent years. While profiling the companies, elements like key performance indicators, latest trends, product/service offerings, risk analysis, and SWOT analysis were considered extensively.
Leading Brazil Two-wheeler Tire Market companies –
-Michelin
-Bridgestone
-Pirelli
-Maggion Industrias de Pneus e Máquinas LTDA.
-Borilli
-Rinaldi
-Pneus Technic
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Note: We also offer customized reports tailored to the specific requirements of our clients, which incorporate reliable insights into the market dynamics in a particular segment, geographic location, or a competitor.
Brazil Two-wheeler Tire Market Report: Frequently Asked Questions
- What was the Brazil Two-wheeler Tire Market size in the historical period?
- At what CAGR the Brazil Two-wheeler Tire Market is expected to grow during 2023-28?
- In which segments/regions, the Brazil Two-wheeler Tire Market share is projected to be the highest through 2028?
- Which companies hold the Brazil Two-wheeler Tire Market share, and what are their revenue generation strategies?
- What are the major Brazil Two-wheeler Tire Market growth restraints expected during 2023-28?
- Which trends are expected to create the Brazil Two-wheeler Tire Market growth opportunities?
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