Singapore Two-Wheeler Tire Market 2024–2030: Key Trends & Top 5 Players Driving Sustainable Growth
The Singapore
Two-Wheeler Tire Market is shifting into higher gear, driven by changing
commuter preferences, the rise of sustainable mobility, and a growing appetite
for personal transportation.
According
to MarkNtel Advisors, the market is projected to grow at a CAGR of
2.1% between 2024 and 2030, making it a niche yet dynamic segment in
Singapore’s automotive ecosystem.
Why Two-Wheelers Are Winning in Singapore
Post-pandemic,
personal mobility became a priority. Overcrowded MRTs and buses prompted
many Singaporeans to switch to scooters, mopeds, and motorcycles. This
change boosted two-wheeler sales and with it, the demand for replacement
and OEM tires.
Key
Market Drivers:
- Urban Congestion – Two-wheelers provide
quick, space-efficient mobility.
- Post-COVID Travel Shifts – Safer, socially distanced
commuting options.
- Growing Delivery &
Ride-Hailing Economy – More commercial fleets mean higher tire
replacement cycles.
Singapore Two-Wheeler Tire Market Segmentation
To
understand growth opportunities, let’s break it down:
- By Vehicle Type: Scooters & Mopeds |
Motorcycles
- By Demand Type: OEM | Replacement
- By Tire Type: Radial | Bias
- By Price Range: Budget | Economy | Premium
- By Sales Channel: Online | Multi-brand Stores
| Exclusive Stores
- By Tire Size: Popular options like
100/90-14, 120/70-17, 180/55-17, etc.
The Sustainability Shift: Eco-Friendly Tires in
Focus
Singapore’s
Green Plan 2030 is accelerating demand for low-emission, eco-friendly
tires. Major brands like Honda, Yamaha, Suzuki, Bridgestone, Michelin,
and Continental are investing in:
- Recyclable materials
- Low rolling resistance
technology for better fuel efficiency
- Reduced CO₂ manufacturing
processes
This green
mobility trend is not just a compliance necessity it’s a market
differentiator. Brands that align with sustainability are likely to capture
premium and eco-conscious consumer segments.
Top Tire Brands in Singapore’s Two-Wheeler Market
The
competitive landscape is dominated by global and regional players:
- Bridgestone Corporation
- Michelin
- Continental AG
- Pirelli Tyre S.p.A
- Yokohama TWS (Mitas)
- Metzeler
- Shinko Tyres
- Kenda Tyres
Their
strategies focus on multi-price offerings, omnichannel retail presence, and
green innovation.
Challenges Ahead
- Limited road space for
large-scale two-wheeler expansion
- Increasing regulatory
compliance costs
- Price sensitivity in budget
segments
Opportunities for Industry Stakeholders
- Eco-Tire Branding – Highlight sustainability
benefits to stand out.
- E-Commerce Integration – Pair online tire sales
with local installation services.
- Fleet Partnerships – Serve delivery companies
and ride-hailing fleets for recurring sales.
FAQ: Singapore Two-Wheeler Tire Market 2025–2030
1. What’s
driving the growth of the two-wheeler tire market in Singapore?
Post-pandemic safety concerns, urban congestion, and delivery service expansion
are the main drivers.
2. Which
tire types are in highest demand?
Radial tires dominate performance segments, while bias tires remain strong in
budget commuting segments.
3. Is
sustainability really a selling point for tires?
Absolutely. With Singapore’s environmental targets, eco-friendly tires appeal
to both regulators and consumers.
4. Which
brands lead the market?
Top players include Bridgestone, Michelin, Continental, Pirelli, and Yokohama
TWS.
5. How
can businesses tap into this market?
Focus on green tire innovation, build strong e-commerce presence, and target
commercial fleets.
Final Takeaway
The Singapore
Two-Wheeler Tire Market is small but powerful—driven by urban mobility
trends, sustainable innovation, and evolving commuter habits.
For
businesses, the road to success lies in balancing affordability,
performance, and sustainability while embracing digital-first sales
strategies.
The next few years will determine which brands lead the green mobility revolution and who gets left behind.
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