Wheelchair tires are specially designed tires that are suitable for use by individuals with disabilities who use wheelchairs.
According to the new market research report “Wheelchair Tires - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”, published by QYResearch, the global Wheelchair Tires market size is projected to reach USD 0.61 billion by 2030, at a CAGR of 4.0% during the forecast period.
- Global Wheelchair Tires MarketSize(US$ Million), 2019-2030
Source: QYResearch, "Wheelchair Tires - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
- Global Wheelchair Tires Top12Players Ranking and Market Share (Ranking is based on the revenue of 2023, continually updated)
Source: QYResearch, "Wheelchair Tires - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
According to QYResearch Top Players Research Center, the global key manufacturers of Wheelchair Tires include Schwalbe, Kenda Tires, Cheng Shin Rubber, Primo, INNOVA, Continental, MBL, Greentyre, IRC, CEW, etc. In 2023, the global top five players had a share approximately 14.0% in terms of revenue.
Market Drivers:
The global prevalence of disabilities is on the rise due to factors such as aging populations, increased awareness, and improved diagnosis of disabilities, including mobility impairments. This growing population of individuals with disabilities drives the demand for wheelchairs and, consequently, wheelchair tires.
Restraint:
Wheelchair tires are relatively expensive compared to regular tires, which can limit their accessibility to individuals with limited income. This cost barrier can affect the market's growth and expansion, particularly in developing regions where the demand for wheelchairs and wheelchair tires is high.
Opportunity:
Continued advancements in tire technology present opportunities for the development of innovative wheelchair tires. This includes the use of advanced materials, such as lightweight and high-performance compounds, as well as the integration of smart technologies for improved performance and user experience.
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