Africa Tire Market In-Depth Outlook Size, Share & Major Stakeholders

January 3, 2025 akio01

How Big is the Africa Tire Market?

The Africa Tire Market is projected to grow at a CAGR of around 5.5% during the forecast period, i.e., 2023-28. The growth of the market would be fueled primarily by the rapidly increasing vehicle fleet across different countries in Africa, owing to the burgeoning interest of people in private ownership of vehicles.

Market Statistics

Market Growth Rate (CAGR): 5.5% from 2023-2028

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Africa Tire Market Segmentation:

The report has segmented the market into the following categories:

By Vehicle Type

Passenger Car
Light Commercial Vehicle (LCV)
Medium and Heavy Commercial Vehicle (M&HCV)
Two-Wheeler
Three-Wheeler
Off Road Tire (OTR)

By Demand Category

OEMs
Replacement

By Tire Type

Radial
Bias

By Sales Channel

Direct Sales
Online
Multibrand Stores

By Rim Size

Up to 12”
1” to 15”
1” to 18”
1” to 20”
1” to 22.5”
6” to 26”
1” to 35”
1” to 47”
Above 47”

By Country

Nigeria
Algeria
Egypt
Morocco
South Africa
Ethiopia
Sudan
Eritrea
Djibouti
Tanzania
Ghana

Browse Full Report Along with TOC and Figures – https://www.marknteladvisors.com/research-library/africa-tire-market.html

Competitive Landscape:

Bridgestone
Goodyear
Michelin
Continental
Hankook
Kumho
Toyo
Triangle
Zhongce Rubber
Sumitomo.

The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.

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Other Report:

Key Highlights of the Report:

Market Performance (2023-2028)
Strategic Recommendations
Current, Historical and Future Market Trends
Market Drivers and Leading Competitor
SWOT Analysis
Structure of the Market
Comprehensive Mapping and Recent Advancement

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