The Saudi Arabia Tire Market report by MarkNtel Advisors – Market Research Company, offers a comprehensive analysis of the current state of the market, including an overview of key players, emerging trends, and future growth prospects. The report is segmented into various sections, each dedicated to different aspects of the market such as market size, geographical shares, competitive landscape, and market dynamics.
How Big is the Saudi Arabia Tire Industry?
The Saudi Arabia Tire Market size is expected to rise at a CAGR of around 8% during the forecast period 2022-2027.
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Saudi Arabia Tire Market Growth Driver:
Surging Inclination of Tire Manufacturers toward Digital Sales Platforms – The increasing government support for digital transformations across industries, i.e., enabling the leading tire manufacturers to adopt online platforms for tire sales, is allowing the customers to choose from a wide variety of tires of different brands, budgets, features, etc., and avail benefits like discounts, door-step deliveries & installation, among others. This rapidly increasing digital transformation of tire manufacturers is the key factor projected to drive the Saudi Arabia Tire Market during 2022-27.
Competitor Breakdown: Top Saudi Arabia Tire Companies 2022-2027
- Continental AG
- Bridgestone Corporation
- Pirelli & C. S.p.A.
- Yokohama Rubber Company Limited
- Hankook Tire Co., Ltd.
- Goodyear Tire & Rubber Company
- Toyo Tire and Rubber Company
- Michelin Group
- Sumitomo Rubber Industries Limited
- Apollo Tires
- Others
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Geographical Analysis:
East, West, South, Central
- Share of each Geographical segment in the Market
- Potential growth opportunities in the Geographically
- The growth rate of the Geographical in the Industry
Breaking Down the Saudi Arabia Tire Market Segmentation:
By Type of Vehicles
- Passenger Car
- Light Commercial Vehicle
- Medium and Heavy Commercial Vehicles
- Off the Road (OTR)
- Two Wheelers
- Three Wheeler
By Demand Category
- OEM
- Aftermarket
By Type of Tire
- Radial
- Bias
By Sales Channel
- Direct Sales
- Exclusive Outlets & Multi-brand Stores
- Online
By Price Category
- Budget
- Economy
- Premium
By Rim Size
- Up to 12”
- 1” to 15”
- 1.” to 18”
- 1” to 20”
- 1” to 22.5”
- 6” to 26”
- 1” to 35”
- 1” to 47”
- Above 47”
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