PUBLISHER: Fortune Business Insights Pvt. Ltd. | PRODUCT CODE: 1887011
PUBLISHER: Fortune Business Insights Pvt. Ltd. | PRODUCT CODE: 1887011
The global motorcycle tires market is witnessing steady growth driven by rising two-wheeler adoption, advancements in tire technology, and expanding demand for electric and premium motorcycles. According to the latest industry assessment, the global motorcycle tires market size reached USD 4.85 billion in 2024. Supported by strong demand across emerging economies and the shift toward technologically advanced tire solutions, the market is projected to grow to USD 5.18 billion in 2025. By 2032, the market is expected to reach USD 8.85 billion, expanding at a healthy CAGR of 8.0% during 2025-2032. Asia Pacific remained the dominant region in 2024, controlling 70.52% of the global market, due to massive two-wheeler ownership in India, China, Indonesia, and Vietnam.
Motorcycle tires play a crucial role in enhancing vehicle safety, stability, traction, and control across diverse terrains and riding conditions. They are engineered with specialized tread patterns, rubber compounds, and structural integrity to withstand high-speed cornering, load variations, and temperature extremes. The market includes tubed, tubeless, radial, and bias-ply tires, catering to standard motorcycles, cruisers, touring bikes, sports bikes, and off-road models.
Market Trends and Strategic Insights
In 2024, tubed tires held the largest share due to their affordability and widespread use in rural and price-sensitive regions. The standard motorcycle segment dominated the market because of the sheer volume of daily commuters depending on motorcycles for transportation. The OEM channel accounted for the highest share in 2024 as motorcycle manufacturers rolled out new models complying with enhanced tire safety standards.
The market is being shaped by the adoption of advanced materials, smart tire technologies, IoT-enabled monitoring systems, and sustainable manufacturing practices. Electric motorcycles are emerging as a major influence, prompting manufacturers to introduce tires with low rolling resistance, higher load-bearing capacity, and improved durability to withstand high torque. Companies such as Michelin, CEAT, Continental, MRF, Pirelli, and Bridgestone remain global leaders due to their strong technological capabilities and extensive product portfolios.
The COVID-19 pandemic caused extensive production disruptions, supply chain delays, and weakened consumer demand. Both OEM and aftermarket segments experienced temporary setbacks. However, post-pandemic recovery, the rise of e-commerce tire sales, and the integration of mobile servicing platforms have revitalized market momentum.
Market Dynamics
Drivers
A global shift toward greener mobility significantly boosts the demand for specialized tires for electric motorcycles. Regulatory initiatives such as India's FAME-II subsidy, China's NEV policy, and the EU's Fit for 55 framework are accelerating EV adoption. Technologies such as silica-based compounds, smart tire sensors, and airless tire prototypes are creating new performance standards.
Restraints
Raw material price volatility-especially natural and synthetic rubber-remains a critical challenge. Climate disruptions in Southeast Asia, geopolitical tensions, and stringent regulatory requirements have increased manufacturing costs for leading brands.
Opportunities
Smart tire technologies are opening new avenues for growth. Sensors embedded in tires can now provide real-time updates on temperature, pressure, and tread wear. RFID tags, IoT-enabled systems, and self-sealing compounds are gaining traction across premium motorcycle segments.
Challenges
Electric motorcycles demand highly specialized tires, increasing R&D costs. Meanwhile, fluctuating raw material prices and strict environmental regulations continue to pressure manufacturers.
Segmentation Highlights
By Tire Type
By Motorcycle Type
By Sales Channel
Asia Pacific - Dominant Region
Asia Pacific registered USD 3.42 billion in 2024, making it the largest and fastest-growing region. High motorcycle ownership, rapid urbanization, and government-mandated safety norms fuel market expansion.
North America
Growth is driven by demand for premium, cruiser, and touring motorcycles. Strict DOT safety standards and sustainability measures influence tire design.
Europe
Europe remains a leader in eco-friendly, high-technology tire development. New labeling laws require detailed performance metrics, prompting innovation.
Latin America
Brazil, Argentina, and Colombia show rising demand due to increased motorcycle sales and local manufacturing expansions.
Rest of the World
Africa and the Middle East are emerging markets due to rising motorcycle usage in rural and semi-urban regions.
Conclusion
Growing motorcycle adoption, rapid technology innovation, and the rise of electric mobility are propelling the motorcycle tires market from USD 4.85 billion in 2024 to USD 8.85 billion by 2032. With evolving customer needs and regulatory pressures, manufacturers are increasingly focusing on sustainability, smart tire technologies, and performance-driven product development.
Segmentation By Motorcycle Type
By Tire Type
By Sales Channel
By Region