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Africa Tire Market, Competition Forecast & Opportunities, 2023 - ResearchAndMarkets.com

October 11, 2018

DUBLIN--(BUSINESS WIRE)--Oct 11, 2018--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

View source version on businesswire.com:https://www.businesswire.com/news/home/20181011005411/en/

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Related Topics:Automotive Tires

KEYWORD: AFRICA

INDUSTRY KEYWORD: AUTOMOTIVE TIRES & RUBBER

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 10/11/2018 08:06 AM/DISC: 10/11/2018 08:06 AM

http://www.businesswire.com/news/home/20181011005411/en

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