DUBLIN--(BUSINESS WIRE)--The "Africa Two Wheeler Tires Market, By Vehicle Type, By Tire Type, By Demand Category, By Country, Competition, Forecast & Opportunities, 2025" report has been added to ResearchAndMarkets.com's offering.
The African Two Wheeler Tire Market is projected to grow from an estimated $ 194 million in 2020 to $ 260 million by 2025.
Major factors responsible for the rising sales of two wheeler tires in Africa include growing fleet size of two wheelers, inefficient public transport and increasing dependence on two wheelers as a mode of transportation from one place to another. Another reason proliferating the demand for two wheeler tires in Africa is poor road infrastructure, which shortens the replacement cycle of two wheeler tires.
The African Two Wheeler Tire Market is segmented based on vehicle type, tire type, demand category, by country and by company. Based on vehicle type, the market can be bifurcated into tires for motorcycle and scooter/mopeds. The two wheeler tire market of Africa is dominated by tires for motorcycles, and the segment is expected to maintain its dominance during the forecast period as well.
The dominance of motorcycle tires in Africa is by virtue of high preference of motorcycles for both personal as well as goods transportation. Based on tire type, the market can be segmented into radial and bias two wheeler tires. The bias type two wheeler tire segment accounts for the major share in the African Two Wheeler Tire Market due to ease of availability, low price and huge product portfolio for bias two wheeler tires of major companies.
Based on demand category, the market can be segmented into OEM and Replacement segments. Replacement segment has the lion's share in the African Two Wheeler Tire Market as most of the countries in Africa do not have two wheeler production, resulting in very low market share of OEM segment in the region's two wheeler tire market. Based on country, the market is segmented into South Africa, Egypt, Libya, Kenya, Ethiopia, Angola, Zimbabwe, Sudan, Tanzania, Nigeria and Djibouti. Among these, Nigeria has the largest market share, followed by Egypt owing to comparatively larger two wheeler fleets in both the countries.
The African Two Wheeler Tire Market is being captured by large number of Chinese two wheeler tire players, which accounted for more than 50% market share in 2019.
Apart from this, around one-third of the market share in the African Two Wheeler Tire Market is acquired by other leading global brands like Michelin, Goodyear, Dunlop, Continental and Pirelli. An increasing number of tire players from other Asian countries such as India, Malaysia, Indonesia, etc., are also entering various country markets of the African Two Wheeler Tire Market.
Years considered for this report:
- Historical Years: 2015-2018
- Base Year: 2019
- Estimated Year: 2020
- Forecast Period: 2021-2025
Key Topics Covered:
1. Product Overview
2. Research Methodology
3. Executive Summary
4. Voice of Customer
5. Africa Two-Wheeler Tire Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.1.2. By Volume
5.2. Market Share & Forecast
5.2.1. By Vehicle Type (Motorcycle, Scooter/Mopeds)
5.2.2. By Demand Category (OEM and Replacement)
5.2.3. By Tire Type (Radial vs Bias)
5.2.4. By Country
5.2.5. By Company
5.3. Market Attractiveness Index
6. South Africa Two-Wheeler Tire Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.1.2. By Volume
6.2. Market Share & Forecast
6.2.1. By Vehicle Type (Motorcycle, Scooter/Mopeds)
6.2.2. By Demand Category (OEM and Replacement)
6.2.3. By Tire Type (Radial vs Bias)
7. Egypt Two-Wheeler Tire Market Outlook
8. Libya Two-Wheeler Tire Market Outlook
9. Kenya Two-Wheeler Tire Market Outlook
10. Ethiopia Two-Wheeler Tire Market Outlook
11. Angola Two-Wheeler Tire Market Outlook
12. Zimbabwe Two-Wheeler Tire Market Outlook
13. Sudan Two-Wheeler Tire Market Outlook
14. Tanzania Two-Wheeler Tire Market Outlook
15. Nigeria Two-Wheeler Tire Market Outlook
16. Djibouti Two-Wheeler Tire Market Outlook
17. Market Dynamics
18. Market Trends & Developments
19. Pricing Analysis
20. Policy & Regulatory Landscape
21. Competitive Landscape
21.5. Maxxis Tires
21.7. Double King
22. Strategic Recommendations
For more information about this report visit https://www.researchandmarkets.com/r/wisfgk
Laura Wood, Senior Press Manager
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