Kenya Two-Wheeler Tire Market Comprehensive Analysis and Forecast 2024 to 2030

Kenya Two-Wheeler Tire Market Overview: 2024-2030
Base Year: 2023
Historical Years: 2019-22
Forecast Years: 2024-2030
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 Kenya Two-Wheeler Tire Market is going through significant growth due to multiple drivers like technological advancements and, of course, increasing healthcare needs. The increase in road accidents throughout the country creates a greater demand for X-rays.
Markntel Advisor’s Kenya Two-Wheeler Tire Market Insights report provides the current and forecast market analysis, individual leading companies' market shares, challenges, Kenya Two-Wheeler Tire Market drivers, barriers, Kenya Two-Wheeler Tire Market Trends, and Key Players in Kenya Two-Wheeler Tire Market.
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Kenya Two-Wheeler Tire Market Dynamics: 2024-2030
Kenya Two-Wheeler Tire Market Driver:
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.
Furthermore, the growing introduction of motorcycle taxis, which are commonly called boda-bodas in African countries, has become a prominent mode of transportation, particularly in urban and peri-urban areas.
In 2023, Uber launched an electric boda in Kenya, that offers affordable, comfortable, and reliable means of mobility within the city.
Consequently, unemployed individuals turn to motorcycle taxi services as a means of generating income across the region. Therefore, the proliferation of motorcycle taxis significantly contributes to the overall sales of motorcycles, which positively generates the demand for tires in the upcoming years.
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Kenya Two-Wheeler Tire Market (2024-30): Segmentation Outlook
The market report has segmented the market into the following categories:
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
-2.75 x 17 - Market Size & Forecast 2019-2030, Thousand Units
-3.00 x 17- Market Size & Forecast 2019-2030, Thousand Units
-3.00 - 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
By Region
-East
-West
-South
-North.
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Top Companies Operating in the Kenya Two-Wheeler Tire Market:
Bridgestone Corporation, Michelin, Continental AG, Yokohama TWS (Mitas), Pirelli Tyre S.p.A, Dunlop Tyres, MRF, Shinko Tyres, CEAT, and Others.
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