Kenya Two-Wheeler Tire Market Future Business Opportunities 2024-2030 | MarkNtel
- Amit Kumar
- 5 hours ago
- 5 min read
MarkNtel Advisors, a leading market research and consulting firm, has announced the release of its latest study titled Kenya Two-Wheeler Tire Market Research Report: Forecast (2024–2030). This report provides a detailed assessment of the Kenya Two-Wheeler Tire, covering its evolving dynamics, emerging trends, key growth drivers, major challenges, and competitive landscape.
Designed to guide investors, stakeholders, and business leaders, the research aims to deliver valuable insights for strategic planning, risk assessment, and investment decision-making in the years ahead.
Market Timeline Overview
Historical Years: 2019–22
Base Year: 2023
Forecast Years: 2024–30
This helps businesses identify emerging opportunities, assess market risks, and develop data-driven strategies for long-term success.
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In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2026 to 2032, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.
Kenya Two-Wheeler Tire Market Outlook
The Kenya Two-Wheeler Tire Market is estimated to grow at a CAGR of around 13.06% during the forecast period, i.e., 2024-30. The market growth is driven by the increasing sales of motorcycles & their extensive use as taxis, the inclination towards electric mobility, etc. In Kenya, motorcycles have been widely used as boda bodas, i.e., motorcycle taxis, which play a pivotal role in the public transport sector, facilitating millions of rides daily and contributing significantly to the economy. According to the Kenya National Bureau of Statistics, the number of newly registered motorcycles and three-wheelers went up by 15.4% from 252,601 units in 2020 to 291,553 units in 2021.
Kenya Two-Wheeler Tire Market Drivers:
Growing Two-Wheeler Sales Due to High Unemployment to Drive the Market – High levels of unemployment in Kenya push individuals towards entrepreneurial endeavors and participation in the informal economy. Many unemployed individuals turn to activities such as motorcycle taxis, courier services, and small-scale businesses for income generation. As a result, there is a growing demand for two-wheelers to support these informal economic activities. According to the World Bank, the boda boda (motorcycle taxi) sector in Kenya employs over 1.5 million young people and contributes about USD 1.4 billion to the economy each year. This high usage of motorcycles & scooters directly drives the demand for tires in the market.
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Kenya Two-Wheeler Tire Market Opportunity:
Expansion of Electric Bike Manufacturers to the Country – The government of Kenya is increasingly encouraging the adoption of electric two-wheelers in the country to mitigate the environmental issues caused by ICE vehicle emissions. In 2023, the government of Kenya announced a nationwide e-bike scheme under which it plans to introduce more than 1 million electric motorcycles. Owing to this there is a rising demand for electric bikes throughout the country, prompting major companies like Bolt, Spiro, and others to extend their production facilities to Kenya.
Kenya Two-Wheeler Tire Market Segmentation
The study categorizes the Kenya Two-Wheeler Tire into various segments and sub-segments, each analyzed for its size, growth potential, and contribution to the overall industry.
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
By Tire Type
Radial- Market Size & Forecast 2019-2030, Thousand Units
Bias- Market Size & Forecast 2019-2030, Thousand Units
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 Outlets - Market Size & Forecast 2019-2030, Thousand Units
Direct - Market Size & Forecast 2019-2030, Thousand Units
By Tire Size
80/100-17- Market Size & Forecast 2019-2030, Thousand Units
100/90-17- Market Size & Forecast 2019-2030, Thousand Units
75 x 17 - Market Size & Forecast 2019-2030, Thousand Units
00 x 17- Market Size & Forecast 2019-2030, Thousand Units
00 - 18- Market Size & Forecast 2019-2030, Thousand Units
90/90 - 17- Market Size & Forecast 2019-2030, Thousand Units
Others (110/80-17, 90/90-18, 100/80-17,110/70-17,150/60-17, 120/80 - 17 etc.) - Market Size & Forecast 2019-2030, Thousand Units
Geographical Analysis
The report presents detailed insights into the market’s geographical expansion, highlighting key trends and opportunities across the following geographies:
By Region
East
West
South
North.
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Leading Companies in Kenya Two-Wheeler Tire Market Worldwide: Players, Analysis & Future Outlook
Bridgestone Corporation
Michelin
Continental AG
Yokohama TWS (Mitas)
Pirelli Tyre S.p.A
Dunlop Tyres
MRF
Shinko Tyres
CEAT
Key Highlights of the Report
Comprehensive Market Overview: In-depth analysis of market size, share, and forecasts from 2024 to 2030.
Growth Drivers & Challenges: Clear insights into factors feeling or restraining market expansion.
Investment & Regulatory Insights: Evaluation of key policies, funding trends, and collaborations influencing industry performance.
Competitive Landscape: Detailed profiles of leading companies, including product portfolios, business strategies, financials, and recent developments such as mergers & acquisitions.
Analytical Tools: Application of SWOT Analysis, PESTEL Analysis, and Porter’s Five Forces Model to assess competition and external influences
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Frequently Asked Questions (FAQ)
What is the projected growth rate of the Kenya Two-Wheeler Tire?
2. What are the major factors driving this market’s growth?
3. Which regions are expected to lead the Kenya Two-Wheeler Tire?
4. Who are the prominent players in the Kenya Two-Wheeler Tire?
5. How is the competition structured in this market?
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About Us
MarkNtel Advisors is a premier market research and consulting firm with deep domain expertise in the tire industry, including off-the-road vehicle tires, performance tires, and comprehensive tire reports. Our research covers manufacturing processes, raw material trends, and market expansion strategies. Leveraging Competitive Intelligence, we help tire manufacturers, distributors, and investors benchmark performance, anticipate demand shifts, and implement data-driven strategies for achieving long-term competitiveness and sustainability.
Contact Us: MarkNtel Advisors Sector 63, Noida, Uttar Pradesh-201301, India Contact No: +91 87199 99009 Email: sales@marknteladvisors.com Website: https://www.marknteladvisors.com
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