Exploring South Africa Two-Wheeler Tire Market Opportunity, Latest Trends, Demand, and Development By 2030- MarkNtel Advisors

 According to Markntel Advisors Report, South Africa Two-Wheeler Tire Market is expected to grow at a significant growth rate, and the analysis period is 2024-2030, considering the base year as 2023. Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.

Two-wheeler tires refer to the specialized tires designed for vehicles with two wheels, such as motorcycles, scooters, bicycles, and mopeds. These tires play a crucial role in providing traction, stability, and control for the rider, making them a critical component of the overall safety and performance of the two-wheeled vehicle.

 South Africa Two-Wheeler Tire Market Research Report & Summary:

The South Africa Two-Wheeler Tire Market size is estimated to grow at a CAGR of around 6.89% during the forecast period, i.e., 2024-30.          

Time Period Captured in the Report:

·         Historical Years: 2019-22

·         Base Years: 2023

·         Forecast Years: 2024-2030

Who are the Key Players Operating in the South Africa Two-Wheeler Tire Market?

The top companies of the South Africa Two-Wheeler Tire Market ruling the industry are: 

Bridgestone Corporation, Goodyear Tire and Rubber Company, Michelin, Continental AG, Maxxis Tyres, Yokohama TWS (Mitas), Pirelli Tyre S.p.A, Sumitomo Rubber Industries, MRF, CEAT, and other

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What is Included in South Africa Two-Wheeler Tire Market Segmentation?

The South Africa Two-Wheeler Tire Market explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic.  The further bifurcations are as follows:

-By Vehicle Type

-Scooter and Moped- Market Size & Forecast 2019-2030, Thousand Units

-Motorcycle- Market Size & Forecast 2019-2030, Thousand Units

-By Demand Type

-OEMs- Market Size & Forecast 2019-2030, Thousand Units

-Replacement- Market Size & Forecast 2019-2030, Thousand Units

-By Tire Type

-Radial- Market Size & Forecast 2019-2030, Thousand Units

-Bias- Market Size & Forecast 2019-2030, Thousand Units

-By Price Category

-Budget (Up to USD11 Per Unit)- Market Size & Forecast 2019-2030, Thousand Units

-Economy (USD12 to 30 Per unit)- Market Size & Forecast 2019-2030, Thousand Units

-Premium (Above USD30 Per Unit)-Market Size & Forecast 2019-2030, Thousand Units

-By Sales Channel

-Online- Market Size & Forecast 2019-2030, Thousand Units

-Multi Brand Stores - Market Size & Forecast 2019-2030, Thousand Units

-Exclusive Outlets - Market Size & Forecast 2019-2030, Thousand Units

-Direct Sales- Market Size & Forecast 2019-2030, Thousand Units

-By Tire Size

-120/70 R 19- Market Size & Forecast 2019-2030, Thousand Units

-170/60/17- Market Size & Forecast 2019-2030, Thousand Units

-90/90-12- Market Size & Forecast 2019-2030, Thousand Units

-120/70-12- Market Size & Forecast 2019-2030, Thousand Units

-Others (90/80-17, 90/90-21, etc.)- Market Size & Forecast 2019-2030, Thousand Units

-By Region

-East

-Central

-North

-South

-West

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Market Dynamics -South Africa Two-Wheeler Tire Market:

Growing Penetration of Two-Wheelers in Shared Mobility Services – South Africa has been hosting several tourists & visitors, and they have been largely using two-wheeler shared mobility services for local travel, thereby generating the demand for shared mobility services. Also, the country has been focusing on increasing the number of tourist arrivals across the country. This has enhanced the inclination of shared mobility companies to expand their services across the country to cater to these customers. According to the South African Statistics Agency (Stats SA), the number of tourist arrivals in South Africa reached about 8.48 million visitors in 2023, marking a significant surge of 48.9% compared to 2022. Hence, observing this enhanced demand for two-wheelers among tourists, ride-hailing companies, such as Taxify, Uber, Togo Bolt, etc., have expanded across the region over the past few years. For instance,

In 2021, China’s ride-hailing company, DiDi Chuxing, launched in South Africa, the company’s first entry into Africa.

Consequently, this would upscale the usage of two-wheelers across the country, which would eventually enhance the demand for two-wheeler tires for replacement purposes in the forthcoming years as well.

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