Market Segmentation

Radial Tire Acquired the Majority Market Share

Based on Tire Type, Radial Type accounted for the majority market share in 2019. The rising trend of radialization in two-wheeler tires, increasing improvement in radial tire technology for two-wheelers by the market players and launch of innovative tire are anticipated to strongly attribute toward the growth of the two-wheeler tire market in the near future as revealed by the MarkNtel Advisors’ research report “China Two-Wheeler Tire Market Analysis, 2021”.

Market Opportunities

According to MarkNtel Advisors’ research report “China Two-Wheeler Tire Market Analysis, 2021”, the market is anticipated to grow at a considerable CAGR during 2021-26F. The growth of the market is accredited to boost in two-wheeler sales, increasing fleet size of two-wheeler and burgeoning per capita income. Besides this, a significant upsurge in the demand for two-wheelers for personal transportation, snowballing product portfolio by the launching of high-performance tires, escalating growth in the sales of electric two-wheelers are the factors expected to fuel the growth of tire market in the forecast period.

Impact of COVID-19

The Outbreak of COVID-19 has a pessimistic impact on the tire market due to a decline in the sales of two-wheeler especially at the end of Q1 and Q2. The lockdown imposition, temporarily shutdown of the various manufacturing unit, disruption in the supply are the factors added to the negative growth of the market. However, the production and sales of the two-wheeler started resuming at the end the Q2 hence, projected to place a positive impact on the growth of the market in the forecast period.

Competitive Landscape

According to MarkNtel Advisors’, the key players with a considerable market share China Two-Wheeler Tire market include Hangzhou Zhongce Rubber, Michelin, Kumho, Bridgestone, Continental, Pirelli, Yokohama, Cheng Shin Rubber, Wuxi Weida Rubber Co. Ltd. etc.

Key Questions Answered in the Market Research Report:

1. What are the key overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of China Two-Wheeler Tire Market?
2. What is the region-wise industry size, growth drivers and challenges key market trends?
3. What are the key innovations, opportunities, current and future trends and regulations in the China Two-Wheeler Tire Market?
4. Who are the key competitors, what are their key strength and weakness and how they perform in China Two-Wheeler Tire Market based on a competitive benchmarking matrix?
5. What are the key results derived from the market surveys conducted during the course of the China Two-Wheeler Tire Market study?

Market Outlook, Segmentation and Statistics:
1) Impact of COVID-19 on China Two-Wheeler Tire Market
2) China Two-Wheeler Market Outlook, 2016-26F
a) Volume Sales
b) Top Best Selling Two Wheelers in China
3) Market Size & Analysis
a) By Revenues (USD Million)
b) By Units Sold
4) Market Share & Analysis
a) By Vehicle Type
i) Scooter & Moped
ii) Motorbike
b) By Installation
i) OEM
(1) By Rim Size
(a) 10” to 16”
(b) Above 16”
ii) Replacement
(1) By Rim Size
(a) 10” to 16”
(b) Above 16”
c) By Tire Type
i) Radial
ii) Bias
d) By Price Category
i) Budget
ii) Economy
iii) Premium
e) By Sales Channel
i) Online
ii) Multi Brand Stores
iii) Exclusive Outlets
f) By Company
i) Revenue Shares
ii) Strategic Factorial Indexing
iii) Competitor Placement in MarkNtel Quadrant
5) China Two-Wheeler Tire Market Policies, Regulations, Product Standard
6) China Two-Wheeler Tire Market Hotspots & Opportunities
7) China Second-Hand Tire Market Vs New Tire Market
8) Pricing Analysis (Pricing for Various Tire Sizes for Various Brands)
9) Competition Outlook
a) Competitor Wise Growth Strategies
b) Company Profiles

Frequently Asked Questions:

Q. What is the historical year, base year and forecast year considered in the research report on China Two-Wheeler Tire Market?
A. The historical data has been provided since 2016, while the base year is 2020 and the data is forecast up-to 2026.

Q. What are the units or denomination for measuring market value and volume in the report?
A. The market size/industry size or the market value is measured in terms of USD Million and Units sold.

Q. What would be the growth rate or CAGR of China Two-Wheeler Tire Market during 2021-26?
A. The growth rate of China Two-Wheeler Tire Market during 2021-26 is projected to grow at a significant CAGR.

Q. Who are the key competitors or players operating in China Two-Wheeler Tire Market?
A. Hangzhou Zhongce Rubber, Michelin, Bridgestone, Continental, Pireli, Yokohama, Kumho, Cheng Shin Rubber, Wuxi Weida Rubber Co. Ltd. etc., are few of the leading players in the China Two-Wheeler Tire Market.

Q. Which vehicle type segment would emerge as an opportunity area for players in China Two-Wheeler Tire Market?
A. Motorbike segment is expected to attain the highest CAGR during the forecast period and maintain its significant market share.

Q. Which installation would emerge as an opportunity area for players in China Two-Wheeler Tire Market?
A. Replacement continue to grow at a highest CAGR, presenting immense opportunities for manufacturers and suppliers of China Two-Wheeler Tire Market.