Reports
Sale
North America 2-Wheeler Tire Market Size, Share, Analysis: By Tube: Tube Tires, Tubeless Tires; By Rim Size: Less than 10 Inches, 10-13 Inches, 14-17 Inches, 18-21 Inches, More Than 21 Inches; By Vehicle Type: Motorcycle, Scooter/Mopped; By Sales Channel: OEMs, Aftermarket; Regional Analysis; Competitive Landscape; 2024-2032
North America 2-Wheeler Tire Market Outlook
The North America 2-wheeler tire market size reached approximately USD 3.12 billion in 2023. The market is projected to grow at a CAGR of 5.4% between 2024 and 2032, reaching a value of around USD 5.04 billion by 2032.
Key Takeaways
| Topic | Detail |
| Winter tire usage in Canada | Extensively used, with provinces like British Columbia and Alberta having a usage rate of 73% |
| Annual sales of 2-wheelers in the USA | Recorded a growth of 8.9% on a year-on-year basis and reached 550000 |
| Survey by Tire and Rubber Association of Canada | 76% motorists believe that climate change is making winter tires important, and 85% of drivers still consider them as an important investment, despite the rising cost of living and inflation concerns |
A tire refers to a thick piece of rubber which is filled with air and is fitted around the outer edge of the wheel of a vehicle. It enables heavy and light vehicles (including two-wheelers) to travel on the road smoothly. It supports the weight of the vehicle and its load, allows it to travel/change directions, and transmits the force of braking and acceleration towards the ground to stop the vehicle.
Evolving consumer demand has prompted tire companies to manufacture puncture-resistant tires, which deliver exceptional performance in versatile road conditions. Self-sealing tires, which have a sticky substance to seal punctures with a diameter of up to 1 / 4 inches, are also witnessing high demand.
Key Trends and Developments
Increase in yearly sales of motorcycles in the USA, rising number of registrations in Canada, adoption of data analytics tools, and tire manufacturing plant specialisation are positively impacting the market North America 2-wheeler tire market growth
| Date | Company | Announcement |
| Dec 7th 2023 | Bridgestone Corporation | Named the “Official Tire of FAST Riding School”, beginning January 2024. Aims to offer advanced tires for all types of motorcycles and enhance the comfort and precision of riders. |
| Nov 2nd 2023 | Michelin | Announced the launch of its three new motorcycle products, slated in January 2024. The tires offer extra grip on dry and wet conditions, are available in different designs, and boast various components for off-road usage. |
| Oct 19th 2023 | Bridgestone Corporation | Unveiled a new sports radial motorcycle tire for street use, the BATTLAX HYPERSPORT S23, that features exceptional wet and dry grip performance. |
| May 23rd 2023 | Bridgestone Canada | Announced the expanded availability of Bridgestone BATTLAX motorcycle road race tires through Importations Thibault Ltee (Thibault) in Canada. |
| Topic | Details |
| Yearly sales and registration of motorcycles in USA and Canada | USA recorded annual sales of nearly 550,000 motorcycles in 2021, an increase of 8.9% from 2020. 816443 motorcycles were registered in Canada in 2021, with mostly purchases soaring in the provinces of Ontario, Qubec, and Alberta. |
| Adoption of data analytics tools | Manufacturers of 2-wheelers are increasingly relying upon data analytics tools for smart planning of tires. This can reduce breakdowns by ensuring prompt tire replacements and makes journeys safer. |
| Radio Frequency Identification Technology | Integration of RFID technology into tire manufacturing is favouring the North America 2-wheeler tire market growth. RFID technology is enabling companies to track their product location and minimise delivery time to improve customer satisfaction. |
| Plant specialisation for manufacturing tires | Companies are dedicating special power plants to manufacture customised tires to ensure good quality and promote innovation in processes. |
North America 2-Wheeler Tire Market Trends
Motorcycle registrations grew at the fastest rate in Saskatchewan (16%) in 2021, as compared to 2020. Nearly 60% of all Canadian motorcycles were purchased in Qubec or Ontario. In Atlantic Canada, New Brunswick and Nova Scotia led in the total number of motorcycle registrations, which reached the figure of 23218 and 19799. The province of Alberta bagged the third position, ahead of British Columbia in terms of the rate of increase in automobile registrations.
Data analytics tools are enabling companies to shift towards a predictive maintenance model for tires, which is accelerating the North America 2-wheeler tire market expansion. By anticipating the occurrence of wear and tear in different places, the life of tires can be improved and businesses can ensure high savings for further investment into other processes. High quality tires for 2-wheelers can also ensure safer journeys of riders.
Market Segmentation
“North America 2-Wheeler Market Report and Forecast 2024-2032” provides a detailed examination of the market based on the segments given below:
| Market Breakup | Categories |
| Tube | Tube Tires, Tubeless Tires |
| Rim Size | Less than 10 inches, 10-13 inches, 14-17 inches, 18-21 inches, More than 21 inches |
| Vehicle Type | Motorcycle, Scooter/Mopped |
| Sales Channels | OEMs, Aftermarket |
| Country | United States of America, Canada |
Tubeless tires to dominate the North America 2-wheeler tire market share in the forecast period due to their fuel efficiency and lightweight nature
Tubeless tires are likely to lead the market in the market in the coming years as they are lightweight and have high fuel efficiency. Since the loss of air from tubeless tires is gradual, they are relatively safer than tube tires. They ensure better dissipation of heat and are easy to repair. Tube tires’ demand is also expected to remain stable over the forecast period as they provide a good grip of the vehicle on road and are manufactured from soft rubber compounds.
Aftermarket is expected to dominate the market over the forecast period
Aftermarket is expected to account for a significant share in the North America 2-wheeler tire market in the forecast period as they offer a wide variety of options to choose from. On the other hand, the demand for original equipment manufacturers is also expected to witness steady growth. This can be attributed to the rising demand for customised tires among 2-wheeler owners.
Competitive Landscape
Major players in the North America 2-wheeler tire market are attempting to develop innovative 2-wheeler tires for use in off-road conditions
| Company | Founded | Headquarters | Business Segments | Products/Services |
| Bridgestone Corporation | 1931 | Kyobashi, Japan | Tire | Tire tubes, related products and services, chemical products, sports goods |
| Continental AG | 1871 | Hannover, Germany | Automotive, Tires, , Contract Manufacturing | Mobility solutions, motion control systems, brakes, digital monitoring, tire management services |
| Shinko Group | 1946 | Nagano, Japan | Plastic Package, Metal Package | Semiconductor mounting technology, semiconductor packages |
| Michelin Group | 1889 | Auvergne-Rhône-Alpes, France | Tires, Rubber Products | Tires for airplanes, trucks, bicycles, earthmovers |
Other key players in the North America 2-wheeler tire market are Pirelli & C. S.p.A., Sumitomo Rubber Industries, Ltd., Kenda Rubber Industrial Company, LTD., Cooper Tire & Rubber Company, Coker Tire, and Maxxis International, among others.
North America 2-Wheeler Tire Market Analysis by Country
Canada is expected to account for a substantial portion of the market share during the forecast period. This can be attributed to rising number of 2-wheeler vehicle in the country. With increase in number of sporting and adventurous activities, the popularity of 2-wheelers is expected to register a significant uptick in the country in the forecast period.
The North America 2-wheeler tire market expansion is further expected to be propelled by the huge popularity of motorcycles as a recreational vehicle, especially among the GenZ, in the United States.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Tube |
|
| Breakup by Rim Size |
|
| Breakup by Vehicle Type |
|
| Breakup by Sales Channel |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Global 2-Wheeler Tire Market Overview
8.1 Key Industry Highlights
8.2 Global 2-Wheeler Tire Historical Market (2018-2023)
8.3 Global 2-Wheeler Tire Market Forecast (2024-2032)
8.4 Global 2-Wheeler Tire Market Share by Region
8.4.1 North America
8.4.2 Europe
8.4.3 Asia Pacific
8.4.4 Latin America
8.4.5 Middle East and Africa
9 North America 2-Wheeler Tire Market Overview
9.1 Key Industry Highlights
9.2 North America 2-Wheeler Tire Historical Market (2018-2023)
9.3 North America 2-Wheeler Tire Market Forecast (2024-2032)
10 North America 2-Wheeler Tire Market by Tube
10.1 Tube Tires
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Tubeless Tires
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
11 North America 2-Wheeler Tire Market by Rim Size
11.1 Less than 10 Inches
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 10-13 Inches
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 14-17 Inches
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 18-21 Inches
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 More Than 21 Inches
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
12 North America 2-Wheeler Tire Market by Vehicle Type
12.1 Motorcycle
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Scooter/Mopped
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
13 North America 2-Wheeler Tire Market by Sales Channel
13.1 OEMs
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Aftermarket
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
14 North America 2-Wheeler Tire Market by Country
14.1 United States of America
14.1.1 Historical Trend (2018-2023)
14.1.2 Forecast Trend (2024-2032)
14.2 Canada
14.2.1 Historical Trend (2018-2023)
14.2.2 Forecast Trend (2024-2032)
15 Market Dynamics
15.1 SWOT Analysis
15.1.1 Strengths
15.1.2 Weaknesses
15.1.3 Opportunities
15.1.4 Threats
15.2 Porter’s Five Forces Analysis
15.2.1 Supplier’s Power
15.2.2 Buyer’s Power
15.2.3 Threat of New Entrants
15.2.4 Degree of Rivalry
15.2.5 Threat of Substitutes
15.3 Key Indicators of Demand
15.4 Key Indicators of Price
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Bridgestone Corporation
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Michelin Group
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Pirelli & C. S.p.A.
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Continental AG
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Sumitomo Rubber Industries, Ltd.
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Shinko Group
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Kenda Rubber Industrial Company, LTD.
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Cooper Tire & Rubber Company
16.2.8.1 Company Overview
16.2.8.2 Product Portfolio
16.2.8.3 Demographic Reach and Achievements
16.2.8.4 Certifications
16.2.9 Coker Tire
16.2.9.1 Company Overview
16.2.9.2 Product Portfolio
16.2.9.3 Demographic Reach and Achievements
16.2.9.4 Certifications
16.2.10 Maxxis International
16.2.10.1 Company Overview
16.2.10.2 Product Portfolio
16.2.10.3 Demographic Reach and Achievements
16.2.10.4 Certifications
16.2.11 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global 2-Wheeler Tire Market: Key Industry Highlights, 2018 and 2032
2. North America 2-Wheeler Tire Market: Key Industry Highlights, 2018 and 2032
3. North America 2-Wheeler Tire Historical Market: Breakup by Tube (USD Billion), 2018-2023
4. North America 2-Wheeler Tire Market Forecast: Breakup by Tube (USD Billion), 2024-2032
5. North America 2-Wheeler Tire Historical Market: Breakup by Rim Size (USD Billion), 2018-2023
6. North America 2-Wheeler Tire Market Forecast: Breakup by Rim Size (USD Billion), 2024-2032
7. North America 2-Wheeler Tire Historical Market: Breakup by Vehicle Type (USD Billion), 2018-2023
8. North America 2-Wheeler Tire Market Forecast: Breakup by Vehicle Type (USD Billion), 2024-2032
9. North America 2-Wheeler Tire Historical Market: Breakup by Sales Channel (USD Billion), 2018-2023
10. North America 2-Wheeler Tire Market Forecast: Breakup by Sales Channel (USD Billion), 2024-2032
11. North America 2-Wheeler Tire Historical Market: Breakup by Country (USD Billion), 2018-2023
12. North America 2-Wheeler Tire Market Forecast: Breakup by Country (USD Billion), 2024-2032
13. North America 2-Wheeler Tire Market Structure
Key Questions Answered in the Report
In 2022, the market reached an approximate value of USD 3.12 billion.
The market is estimated to grow at a CAGR of 5.4% between 2024 and 2032.
The market is estimated to witness a healthy growth during 2024-2032 to reach around USD 5.04 billion by 2032.
The major drivers of the market include evolving consumer demands, the development of puncture-resistant tires, and the rising demand for tubeless tires.
The key trends aiding the market expansion include increase in the sale of motorcycles across Canada and the USA and the growing adoption of data analytics tools by manufacturers.
The major countries included in the market report are the United States of America and Canada.
The different sales channels are OEMs and aftermarket.
The major players in the market are Bridgestone Corporation, Michelin Group, Pirelli & C. S.p.A., Continental AG, Sumitomo Rubber Industries, Ltd., Shinko Group, Kenda Rubber Industrial Company, LTD., Cooper Tire & Rubber Company, Coker Tire, and Maxxis International, among others.
Purchase Options 10% off
Call us
Purchase Full Report
Mini Report
$ 2199
$1999
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Single User License
$ 3299
$2999
-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Five User License
$ 4399
$3999
-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$ 5499
$4999
-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Any Question? Speak With An Analyst
View A Sample
Did You Miss Anything, Ask Now
Why Expert Market Research?
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
NEWSLETTER