Middle East Two-Wheeler Tire Market Overview: 2024-2030
Base Year: 2023
Historical Years: 2019-22
Forecast Years: 2024-30
The Middle East Two-Wheeler Tire Market size is estimated to grow at a CAGR of around 4.12% during the forecast period, i.e., 2024-30. The Middle East’s improved tourism, infrastructure, rapid urbanization, and e-commerce have all boosted demand for dependable, efficient forms of transportation that save time. As a result, vehicles such as motorcycles, scooters, and mopeds are becoming increasingly popular across the region.
Markntel Advisor’s Middle East Two-Wheeler Tire Market Insights report provides the current and forecast market analysis, individual leading companies’ market shares, challenges, Middle East Two-Wheeler Tire Market drivers, barriers, Middle East Two-Wheeler Tire Market Trends, and Key Players in Middle East Two-Wheeler Tire Market.
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Middle East Two-Wheeler Tire Market Dynamics: 2024-2030
Middle East Two-Wheeler Tire Market Driver:
Rising Inbound Tourism Driving the Demand for Two-Wheeler Taxis – Middle Eastern Countries are emerging as favorite tourist destinations owing to the rising live events and presence of cultural heritage sites. These countries witness the arrival of inbound foreign travelers from different countries across the Globe. According to the Statistics provided by the United Nations World Tourism Organization, Dubai registered the arrival of more than 17 million foreign travelers in 2023. These tourists rely heavily on the rental of two-wheeler taxis to explore the country at their own pace. Therefore, these foreign travelers use rental scooters & motorcycles during their visit. This surging usage of the two-wheelers by tourists amplifies tire deterioration. As a result, the vehicles undergo frequent tire replacement, uplifting Middle East Two-Wheeler Tire Market. Moreover, the tourism sector in the Middle Eastern nations is resulting in uplifting the country’s economy. Owing to this, governing authorities of these nations are laying tourist programs that target to welcome more tourists in their country. The arrival of more travelers in these nations would further increase the demand for the two-wheeler, amplifying the Middle East Two-Wheeler Tire market.
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Middle East Two-Wheeler Tire Market (2024-30): Segmentation Outlook
The market report has segmented the market into the following categories:
- By Vehicle Type
- Scooter & Moped – Market Size & Forecast 2019-2030F, Thousand Units
- Motorcycle – Market Size & Forecast 2019-2030F, Thousand Units
- By Propulsion
- ICE–Market Size & Forecast 2019–2030F, Thousand Units
- Electric–Market Size & Forecast 2019–2030F, Thousand Units
- By Demand Type
- OEM-Market Size & Forecast 2019-2030F, Thousand Units
- Replacement – Market Size & Forecast 2019-2030F, Thousand Units
- By Sales Channel
- Direct Sales-Market Size & Forecast 2019-2030F, Thousand Units
- Exclusive Outlets-Market Size & Forecast 2019-2030F, Thousand Units
- Multi Brand Stores-Market Size & Forecast 2019-2030F, Thousand Units
- Online- Market Size & Forecast 2019-2030F, Thousand Units
- By Tire Type
- Radial- Market Size & Forecast 2019-2030F, Thousand Units
- Bias- Market Size & Forecast 2019-2030F, Thousand Units
- By Tire Size
- Tire Size 1-Market Size & Forecast 2019-2030F, Thousand Units
- Tire Size 2-Market Size & Forecast 2019-2030F, Thousand Units
- Tire Size 3-Market Size & Forecast 2019-2030F, Thousand Units
- Tire Size 4-Market Size & Forecast 2019-2030F, Thousand Units
- Tire Size 5-Market Size & Forecast 2019-2030F, Thousand Units
- By Price Category
- Budget-Market Size & Forecast 2019-2030F, Thousand Units
- Economy-Market Size & Forecast 2019-2030F, Thousand Units
- Premium-Market Size & Forecast 2019-2030F, Thousand Units
- By Country
- The UAE
- Saudi Arabia
- Qatar
- Kuwait
- Oman
- Bahrain
- Turkey
- Rest of the Middle East
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Top Companies Operating in the Middle East Two-Wheeler Tire Market:
- Bridgestone Corporation
- Michelin
- Continental AG
- Pirelli Tyre S.p.A
- Goodyear Tire & Rubber Company
- Others.
- Maxxis International
- Sumitomo Rubber Industries Ltd.
- Dunlop
- Kenda Tires
- Mitas
- Others.
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