Global motorcycle tire demand to grow 4% annually to 2022

Cleveland, Ohio – Global demand for motorcycle tires is projected to rise 4.0% annually through 2022 to 704 million units valued at nearly $14 billion (€12.3 billion), a recent study has found.

Motorcycle tire sales will outperform the global tire average as growth in the production and use of motorcycles outpaces that of motor vehicles, according to a study by research firm the Freedonia Group.

The fastest increases in motorcycle tire sales will be in developing regions with warm climates including Central and South America and the…

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