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

A Quick Overview of Africa Tire Market

• Base Year: 2022

• Historical Years: 2018-2021

• Forecast Years: 2023-2028

• Market Growth Rate: 5.5% (2023-2028)

The key object of this report on the Africa Tire Market is to offer worthy data and a geographical perspective for predictions of market growth in the future. The recommendations added in this detailed report are insightful, and actionable offering a deep understanding of the industry. Moreover, it includes a comprehensive importance of aspects that have impacted the industry.

MarkNtel Advisors has recently studied an extensive market intelligence evaluation on the market. Also, the newly released report exhibits an engaging format that comprises compelling graphs, tables, charts, and figures as well. These seamlessly combined visual aids are designed to support the clarity and accuracy of the details presented, offering analysts a deep knowledge of the topic at hand.

According to the latest report, the Africa Tire Market is projected to grow at a CAGR of around 5.5% from 2023 to 2028. The report significantly addressed considerable changes, gap analyses, and competitive studies using qualitative and quantitative data.

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Africa Tire Market Report Segmentation:

The report by MarkNtel Advisors on Africa Tire Industry, analyzes, identifies, and highlights the main trends and drivers which are affecting each segment of the market. The market has been further divided 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

- Of two, the aftermarket is anticipated to dominate the Africa Tire Market with the largest share during 2023-28. It attributes principally to the growing number of vehicle owners & mounting awareness among them about the benefits of aftermarket tires, such as easy availability, extensive options, different budgets, etc.

By Tire Type

• Radial

• Bias

By Sales Channel

• Direct Sales

• Online

• Multibrand Stores

By 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"

By Country

• Nigeria

• Algeria

• Egypt

• Morocco

• South Africa

• Ethiopia

• Sudan

• Eritrea

• Djibouti

• Tanzania

• Ghana

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Some of the Top Africa Tire Companies in the Market

In the fast-changing Africa Tire Market, understanding what our competitors are doing is crucial. By carefully analyzing things, we figured out some of the dominating players in the industry. So, the top players of the industry ruling the industry are:

• Bridgestone

• Goodyear

• Michelin

• Continental

• Hankook

• Kumho

• Toyo

• Triangle

• Zhongce Rubber

• Sumitomo

• Others

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