Executive Summery

This report presents a detailed overview of the Singapore Two-Wheeler Tire Market, highlighting key insights into its market size, share, and growth during the forecast period, i.e., 2024-30. It explores emerging trends, competitive dynamics, and the core drivers reshaping the industry. Backed by solid data and expert analysis, the study offers segment-wise insights and reliable forecasts to guide strategic decisions. With comprehensive market analysis and forward-looking perspectives, this report serves as a practical tool for stakeholders navigating change. Whether you're an investor, policymaker, or business leader, this research helps you stay ahead in the fast-evolving Singapore Two-Wheeler Tire industry landscape.

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Singapore Two-Wheeler Tire Market Statistics and Key Highlights

The Singapore Two-Wheeler Tire Market size is estimated to grow at a CAGR of around 2.1% during the forecast period, i.e., 2024-30.

  • Singapore Two-Wheeler Tire market shows steady growth
  • Market size expanding due to rising industry demand
  • Competitive landscape driven by tech and innovation
  • Detailed segment-wise and geography wise share analysis
  • Forecast reveals strong trends shaping future outlook

Key Player- Emerging Singapore Two-Wheeler Tire Companies

  • Bridgestone Corporation
  • Goodyear Tire and Rubber Company
  • Michelin
  • Continental AG
  • Yokohama TWS (Mitas)
  • Pirelli Tyre S.p.A
  • Metzeler
  • Shinko Tyres
  • Kenda Tires.
  • Others

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Key Driver:

Rising Adoption of Electric Two-Wheelers – Singapore is actively promoting sustainability and reducing carbon emissions. Electric two-wheelers offer a cleaner alternative to traditional petrol-powered vehicles, aligning with the city-state's efforts to combat air pollution and mitigate climate change. Further, the Singaporean government has introduced various incentives to encourage the adoption of electric vehicles, including electric two-wheelers. These incentives include tax rebates, grants, and subsidies for purchasing electric vehicles, making them more affordable for consumers. For instance:

In 2023, the Electric Vehicle (EV) early adoption incentive was extended by two years to 2025 by the Land Transport Authority (LTA) and the National Environment Agency (NEA)

The increased support from the government has fuelled the adoption of electric two-wheelers across the country, contributing to the growth of the Singapore two-wheeler tire market of Singapore in recent years.

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Singapore Two-Wheeler Tire Market Segmentation

By Vehicle Type

    • Scooter & 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

The Replacement segment is expected to capture a significant share of the Singapore Two-Wheeler Tire Market in the coming years.

By Tire Type

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

Radial two-wheeler tires are expected to account majority share of the Singapore Two-Wheeler Tire Market during the forecast period. Radial tires offer superior performance and safety compared to bias-ply tires.

By Price Category

    • Budget (Up to USD 11 Per Unit)- Market Size & Forecast 2019-2030, Thousand Units
    • Economy (USD 12 to 30 Per unit)- Market Size & Forecast 2019-2030, Thousand Units
    • Premium (Above USD 30 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 Stores - Market Size & Forecast 2019-2030, Thousand Units

By Tire Size

    • 100/90-14- Market Size & Forecast 2019-2030, Thousand Units
    • 180/55-17- Market Size & Forecast 2019-2030, Thousand Units
    • 120/70-17- Market Size & Forecast 2019-2030, Thousand Units
    • 2.75-18 - Market Size & Forecast 2019-2030, Thousand Units
    • Others (80/90-16, 190/55-17, etc.) - Market Size & Forecast 2019-2030, Thousand Units

By Region

    • North
    • Central
    • South

Reasons to Buy This Report

  1. Gain comprehensive insights into current market trends and dynamics.
  2. Equip your business with data-driven strategies for informed decisions.
  3. Identify lucrative market opportunities and strategic growth areas.
  4. Analyze competitors to enhance your positioning in the market landscape.
  5. Understand geographical trends across diverse markets for better expansion strategies.

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