A comprehensive industry overview and market perspective are included in the latest study from MarkNtel Advisors titled Africa Tire Market. The research provides a detailed overview of the current market state, including market trends and the most recent advancements made globally. In-depth analysis of market size, share, industry trends, forecast, and competitive environment is covered in the report that presents clear picture of the market with relevant statistical data.
The report combines in-depth quantitative analysis with qualitative analysis; it ranges from macro-overviews of the overall market size, industry chain, and market dynamics to micro details of segment markets. This, as a result, provides a thorough overview of the industry under study as well as a profound understanding of all of its important features.
Africa Tire Market Definition:
The tire industry in Africa is expansive full of opportunities, especially across countries like South Africa, Algeria, Egypt, Nigeria, among others, with a massive automotive sector. A steady rise in new registration of vehicles and growing cross-border trade agreements project lucrative growth prospects for the Africa Tire Market in the coming years.
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Africa Tire Market Insights:
The Africa Tire Market is projected to grow at a CAGR of around 5.5% during the forecast period, i.e., 2023-28.
Africa Tire Market Leading Key Players:
Michelin, Bridgestone, Continental, Goodyear, Triangle, Pirelli, Sumitomo, Others
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Africa Tire Market Segmentation:
Based on Vehicle Type
- Passenger Car
- Light Commercial Vehicle (LCV)
- Medium and Heavy Commercial Vehicle (MHCV)
- Two-Wheeler
- Three-Wheeler
- Off Road Tire (OTR)
Based on Demand Category
- OEMs
- Replacement
Based on Tire Type
- Radial
- Bias
Based on Sales Channel
- Direct Sales
- Online
- Multibrand Stores
Based on Rim Size
- Up to 12”
- 12.1” to 15”
- 15.1” to 18”
- 18.1” to 20”
- 20.1” to 22.5”
- 22.6” to 26”
- 26.1” to 35”
- 35.1” to 47”
- Above 47”
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Africa Tire Market Geographical Analysis
By Region
- Nigeria
- Algeria
- Egypt
- Morocco
- South Africa
- Ethiopia
- Sudan
- Eritrea
- Djibouti
- Tanzania
- Ghana
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MarkNtel Advisors is a leading research, consulting, data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial varied client base, including multinational corporations, financial institutions, governments, individuals, among others.
Our specialization in niche industries emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing forecasting, trend analysis, among others, for 15 diverse industrial verticals.
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