DUBLIN--(BUSINESS WIRE)--The "Africa Tire Market By Vehicle Type (Passenger Car, Two-Wheeler, Light Commercial Vehicle, Medium & Heavy Commercial Vehicle & Others), By Demand Category, By Radial Vs. Bias, By Country, Competition Forecast & Opportunities, 2013-2023" report has been added to ResearchAndMarkets.com's offering.
Africa tire market is forecast to grow $ 7.50 billion by 2023, owing to rising passenger car and commercial vehicle sales in the region
Increasing purchasing power and GDP per capita across the major African economies, in addition to expanding replacement tire market are likely to boost tire sales in the region during forecast period.
Africa tire market is majorly import driven, consequently, expanding distributor and dealer network is emerging as a critical factor for boosting tire sales in a specific country. Furthermore, increasing tire radialization, growing demand for Chinese tires and proliferation of used car market are anticipated to drive demand for tires in Africa in the coming years.
Africa Tire Market, 2013-2023 discusses the following aspects of tire market in Africa:
- Tire Market Size, Share & Forecast
- Segmental Analysis - By Vehicle Type (Passenger Car, Two-Wheeler, Light Commercial Vehicle, Medium & Heavy Commercial Vehicle & Others), By Demand Category, By Radial Vs. Bias, By Country
- Competitive Analysis
- Changing Market Trends & Emerging Opportunities
Why You Should Buy This Report?
- To gain an in-depth understanding of tire in Africa
- To identify the on-going trends and anticipated growth in the next five years
- To help industry consultants, tire distributor, distributors and other stakeholders align their market-centric strategies
- To obtain research-based business decisions and add weight to presentations and marketing material
- To gain competitive knowledge of leading market players
Some of the major players operating in Africa tire market are:
- Bridgestone
- Goodyear
- Michelin
- Continental
- Hankook
- Sumitomo
- Yokohama
- Pirelli
- Kumho
Key Topics Covered:
1. Product Overview
2. Research Methodology
3. Africa Tire Production Overview
4. Africa Tire Market Outlook
For more information about this report visit https://www.researchandmarkets.com/research/czs3j8/africa_tire?w=4
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Related Topics: Automotive Tires