Strategic Perspectives on South Africa Two-Wheeler Tire Market: Charts Course for 6.89% CAGR, Analysis and Forecast for

How big is the South Africa Two-Wheeler Tire market?

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

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South Africa Two-Wheeler Tire Market Trend:

Increasing Popularity of Electric Two-Wheelers – African countries, including South Africa, are facing numerous challenges like pollution, limited access to fuel, and hikes in fuel prices. Therefore, electric motorcycles are emerging as a feasible solution to address these challenges, and several companies such as Spiro and One Electric Motorcycles Company are setting up in the country, which is driving the growth of tires for original equipment manufacturers (OEMs) in the country.

In addition, the government is also encouraging the adoption of electric two-wheelers through initiatives such as the Green Transport Strategy, etc., to mitigate the environmental issues caused by ICE vehicle emissions. As a result, the demand for electric motorcycles in South Africa is expected to rise, leading companies such as Spiro, One Electric Motorcycles, etc., to ramp up their electric motorcycle production capacities and provide the prospect for new players to enter the market. For instance,

In 2023, VMoto Soco South Africa (VSSA) planned to introduce the VMoto Soco product line into the local market.

Thus, the setup & expansion of electric motorcycle manufacturing units in the country would facilitate the demand for two-wheeler tires in the forthcoming years.

Leading Companies in the South Africa Two-Wheeler Tire market:

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
other

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South Africa Two-Wheeler Tire Market Segmentation:

By Vehicle Type

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

Motorcycles gained a considerable share of the market due to their better mileage and have been considered suitable for long-distance commutes.

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

Regional/ Countries Insight:

East
Central
North
South
West

Note: Should you require specific information beyond the current scope of the report, we are prepared to furnish it as part of our customization services.

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