MarkNtel Advisors recently published a report, titled, ” South Africa Tire Market By Vehicle Type (Passenger Car, Commercial Vehicle, Two Wheeler, Three Wheeler), By Price Category (Budget, Economy, Premium), By Sales channel (Online, Direct Sales, Multi-Brand Stores, Exclusive Outlets), By Demand Type (OEM’s, Aftermarket), By Tire Type (Radial, Bias), 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),. As per as the report The South Africa Tire Market size is projected to grow at a CAGR of around 4.5% during the forecast period, i.e., 2023-28.
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Possible Restraint: Fluctuating Prices of Fuel & Raw Materials
While the sales of vehicles are increasing considerably in South Africa, fluctuations in fuel prices might reduce their demand, especially among the cost-sensitive population of the country, and might directly impact the growth of the South Africa Tire Market. Additionally, rising prices of raw materials like crude oil, rubber, etc., are other aspects projected to act as significant growth challenges for the market in the coming years.
Leading Companies in South Africa Tire Market:
Pirelli Tires, Bridgestone Tyres, Sumitomo Rubber South Africa (PTY) Ltd., Continental Tires, Hangzhou Zhongce Rubber, Goodyear Tires, CEAT Tyres, Triangle Tyres, Michelin Tyres, Maxxis Tyres, Yokohama Rubber Company, Others.
South Africa Tire Market Segmentation:
By Vehicle Type
-Passenger Car-Market Size & Forecast 2018-2028F, Units Sold (Thousands)
-Commercial Vehicle
-Light Commercial Vehicle (LCV) -Market Size & Forecast 2018-2028F, Units Sold (Thousands)
-Medium & Heavy Commercial Vehicle (MHCV) -Market Size & Forecast 2018-2028F, Units Sold (Thousands)
-Off-Road Tire (OTR) -Market Size & Forecast 2018-2028F, Units Sold (Thousands)
-Two Wheeler-Market Size & Forecast 2018-2028F, Units Sold (Thousands)
-Three Wheeler-Market Size & Forecast 2018-2028F, Units Sold (Thousands)
By Demand Type
-OEM’s-Market Size & Forecast 2018-2028F, Units Sold (Thousands)
-Aftermarket-Market Size & Forecast 2018-2028F, Units Sold (Thousands)
By Tire Type
-Radial-Market Size & Forecast 2018-2028F, Units Sold (Thousands)
-Bias-Market Size & Forecast 2018-2028F, Units Sold (Thousands)
By Sales Channel
-Online-Market Size & Forecast 2018-2028F, Units Sold (Thousands)
-Direct Sales-Market Size & Forecast 2018-2028F, Units Sold (Thousands)
-Multi Brand Stores-Market Size & Forecast 2018-2028F, Units Sold (Thousands)
-Exclusive Outlets-Market Size & Forecast 2018-2028F, Units Sold (Thousands)
By Price Category
-Budget-Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
-Economy-Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
-Premium-Market Size & Forecast 2018-2028F, Unit Sold (Thousand)
6.2.6. By Rim Size
-Up to 12” -Market Size & Forecast 2018-2028F, Units Sold (Thousands)
-12.1” to 15” -Market Size & Forecast 2018-2028F, Units Sold (Thousands)
-15.1” to 18” -Market Size & Forecast 2018-2028F, Units Sold (Thousands)
-18.1” to 20” -Market Size & Forecast 2018-2028F, Units Sold (Thousands)
-20.1” to 22.5” -Market Size & Forecast 2018-2028F, Units Sold (Thousands)
-22.6” to 26” -Market Size & Forecast 2018-2028F, Units Sold (Thousands)
-26.1” to 35” -Market Size & Forecast 2018-2028F, Units Sold (Thousands)
-35.1” to 47” -Market Size & Forecast 2018-2028F, Units Sold (Thousands)
-Above 47-Market Size & Forecast 2018-2028F, Units Sold (Thousands)
Get Full Access Of South Africa Tire Market Report : https://www.marknteladvisors.com/research-library/south-africa-tire-market.html
By Region
-East
-Central
-North
-South
-West.
Key questions answered in the South Africa Tire Market are:
- What is South Africa Tire Market?
- What was the market size in 2022?
- What is the growth rate of the South Africa Tire Market?
- Which are the factors expected to drive the market growth?
- What are the different segments of the South Africa Tire Market?
- What segments are covered in the Market?
- Who are the key players in the South Africa Tire Market?
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