China Two-Wheeler Tire Trends: Significant Growth Expected Through 2030

According to recent findings, the **** China Two-Wheeler Tire Market size is estimated to grow at a CAGR of around 4.5% during the forecast period, i.e., 2024-30. 

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China Two-Wheeler Tire Overview:

The rise in demand for two-wheeler tires in China is attributed to the increasing use of these vehicles for personal and commercial purposes. The rise in usage of two-wheelers has been due to their fuel efficiency, convenience, such as while navigating congested urban areas, and rising motorcycle sportsmanship. In addition, young demographics prefer leisure motorcycling as their hobbies. All these require advanced tires having better grip and suspension, thus driving year-on-year demand for off-road, dual-purpose, and track tires.

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China Two-Wheeler Tire Outlook and Future Trends :

Two-Wheeler Shared Mobility Solutions in China Gaining Traction – China's urban transportation landscape is undergoing a significant transformation, with two-wheeler shared mobility solutions emerging as a popular and efficient mode of transit. The trend of rising shared mobility services, such as two-wheelers-sharing, and ride-hailing, is supported by the integration of smart technologies like GPS tracking and mobile applications, making two-wheeler shared mobility solutions more user-friendly and accessible. In recent years, China has been at the forefront of the mobility revolution, with the country's transportation sector undergoing significant changes. Further, the country's rapid adoption of shared two-wheeled transport, particularly electric motorcycles, is reshaping the way for the demand for tires. The Chinese government has additionally supported shared transportation services with rules meant to encourage the adoption of efficient and clean means of transportation. The expansion of shared mobility services in China has given business services in numerous ways. For instance,

• In 2023, Hello Inc. launched Two-Wheeler Electric Vehicle Rental to provide consumers with a convenient and environmentally friendly way of travel, through the Hello Electric Vehicle Rental platform. As a result, such a mode shift has enormous potential to require compatible and advanced tires, thus boosting market expansion.

Global China Two-Wheeler Tire Segmentation Analysis:

By Vehicle Type

• Scooters & Mopeds– Market Size & Forecast, 2019-2030, Thousand
• Motorcycles- Market Size & Forecast, 2019-2030, Thousand

The motorcycles segment holds the major market share in the China Two-Wheeler Tire Industry.

By Tire Type

• Radial- Market Size & Forecast, 2019-2030, Thousand
• Bias- Market Size & Forecast, 2019-2030, Thousand

By Demand Type

• OEMs- Market Size & Forecast, 2019-2030, USD Million
• Replacement- Market Size & Forecast, 2019-2030, Thousand

The Original Equipment Manufacturers (OEMs) segment held a considerable market share in the China Two-Wheeler Tire Market. 

By Tire Size

• Tire Size 1- Market Size & Forecast, 2019-2030, Thousand
• Tire Size 2- Market Size & Forecast, 2019-2030, Thousand
• Tire Size 3- Market Size & Forecast, 2019-2030, Thousand
• Tire Size 4- Market Size & Forecast, 2019-2030, Thousand
• Tire Size 5- Market Size & Forecast, 2019-2030, Thousand

By Price Category

• Budget-Market Size & Forecast 2019-2030, Thousand
• Economy-Market Size & Forecast 2019-2030, Thousand
• Premium-Market Size & Forecast 2019-2030, Thousand

By Sales Channel

• Direct Sales-Market Size & Forecast 2019-2030, Thousand
• Exclusive Outlets-Market Size & Forecast 2019-2030, Thousand
• Multi Brand Stores-Market Size & Forecast 2019-2030, Thousand
• Online- Market Size & Forecast 2019-2030, Thousand

By Region

• North Central
• North-East
• North-West
• South East
• South-West
• South Central.

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Some of the Market players in the Global China Two-Wheeler Tire are:

• Zhongce Rubber Group Co., Ltd.
• Michelin
• Bridgestone
• Pirelli
• Cheng Shin Rubber (CST)
• Qingdao Oguan Rubber Products Co., Ltd.
• Richtone Tyres
• Tianjin Hengtai Gallop Technology Co., Ltd. (Kingtyre)
• Good Year Tire & Rubber Company
• Mitas Tires
• Others.

China Two-Wheeler Tire Recent Development:

• 2024: Mitas Tires announced a new addition to its Adventure Tire collection called Enduro Trail-XT.

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