Global motorcycle tires market forecast at $6.8 billion by 2028

Pune, India – The global Motorcycle tires market size is estimated to be worth US$ 5707.3 million in 2022 and is forecast to a readjusted size of US$ 6826.8 million by 2028 with a CAGR of 3.0% during the forecast period 2022-2028 according to 360 Research Reports. Fully considering the economic change by this health crisis, Bias Tire accounting for % of the Motorcycle Tires global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Replacement segment is altered to an % CAGR throughout this forecast period.

Global key players of motorcycle tires include Cheng Shin Rubber, Kenda Tires, JILUER Tyre, etc. Asia-Pacific is the largest producer of motorcycle tires, holds a share about 90%, followed by Americas, and Europe. In terms of product, bias tire is the largest segment, with a share about 55%. And in terms of application, the largest segment is replacement, with a share about 55%.