Uncategorized

South Africa Two-Wheeler Tire Market Size is Surpassing 6.89% CAGR Growth by 2030 | MarkNtel Advisors

Report Overview:

The following report titled “South Africa Two-Wheeler Tire MarketBy Vehicle Type (Scooter and Moped, Motorcycle), By Demand Type (OEMs, Replacement) and other forecast 2024-2030” provides a comprehensive analysis of the market, focusing on key details such as market size, growth trends, determinants of growth, segments covered, and the role of leading players in the industry.

South Africa Two-Wheeler Tire Market Summary

The South Africa Two-Wheeler Tire Market size is estimated to grow at a CAGR of around 6.89% during the forecast period, i.e., 2024-30. The market growth is driven by increased adoption by the middle class & businesses, demand from e-commerce, etc. South Africa witnessed a growing shift of consumers towards personal mobility at a competitive cost, especially from the middle-income group. This fueled the market size & volume of two-wheeler tires in the country, as they offer greater flexibility in comparison to public transport, which has led to a surge in their sales across the country. According to the Association of Motorcycle Importers and Distributors (Amid), motorcycle sales in December 2022 increased by around 18.4% compared to the same period in 2021 in South Africa. Thus, the growing use of two-wheelers for daily commuting purposes has resulted in a rise in tire wear & tear due to the poor road infrastructure in the country, thereby contributing to a higher demand for two-wheeler tires.

Report Coverage & Details

  • Forecast Period:  2024-2030
  • Base Year: 2022
  • CAGR: 6.89%

Download Free PDF Brochure: –  https://www.marknteladvisors.com/query/request-sample/south-africa-two-wheeler-tire-market.html

South Africa Two-Wheeler Tire Market Trend:

Increasing Popularity of Electric Two-Wheelers – African countries, including South Africa, are facing numerous challenges like pollution, limited access to fuel, and hikes in fuel prices. Therefore, electric motorcycles are emerging as a feasible solution to address these challenges, and several companies such as Spiro and One Electric Motorcycles Company are setting up in the country, which is driving the growth of tires for original equipment manufacturers (OEMs) in the country.

Segmentation Analysis: South Africa Two-Wheeler Tire Market

By Vehicle Type

  • Scooter and Moped- Market Size & Forecast 2019-2030, Thousand Units
  • Motorcycle- Market Size & Forecast 2019-2030, Thousand Units

By Demand Type

  • OEMs- Market Size & Forecast 2019-2030, Thousand Units
  • Replacement- Market Size & Forecast 2019-2030, Thousand Units

By Tire Type

  • Radial- Market Size & Forecast 2019-2030, Thousand Units
  • Bias- Market Size & Forecast 2019-2030, Thousand Units

By Price Category

  • Budget (Up to USD11 Per Unit)- Market Size & Forecast 2019-2030, Thousand Units
  • Economy (USD12 to 30 Per unit)- Market Size & Forecast 2019-2030, Thousand Units
  • Premium (Above USD30 Per Unit)-Market Size & Forecast 2019-2030, Thousand Units

By Sales Channel

  • Online- Market Size & Forecast 2019-2030, Thousand Units
  • Multi Brand Stores – Market Size & Forecast 2019-2030, Thousand Units
  • Exclusive Outlets – Market Size & Forecast 2019-2030, Thousand Units
  • Direct Sales- Market Size & Forecast 2019-2030, Thousand Units

By Tire Size

  • 120/70 R 19- Market Size & Forecast 2019-2030, Thousand Units
  • 170/60/17- Market Size & Forecast 2019-2030, Thousand Units
  • 90/90-12- Market Size & Forecast 2019-2030, Thousand Units
  • 120/70-12- Market Size & Forecast 2019-2030, Thousand Units
  • Others (90/80-17, 90/90-21, etc.)- Market Size & Forecast 2019-2030, Thousand Units

By Region

  • East
  • Central
  • North
  • South
  • West

Access Full Report [Include Description + TOC] – https://www.marknteladvisors.com/research-library/south-africa-two-wheeler-tire-market.html

Leading Players Analysis: South Africa Two-Wheeler Tire Market

The report provides detailed analysis of key players in the South Africa Two-Wheeler Tire market, highlighting their strategies and competitive scenario.

  • Bridgestone Corporation
  • Goodyear Tire and Rubber Company
  • Michelin
  • Continental AG
  • Maxxis Tyres
  • Yokohama TWS (Mitas)
  • Pirelli Tyre S.p.A
  • Sumitomo Rubber Industries
  • MRF
  • CEAT
  • Others

Note: Should you require specific information beyond the current scope of the report, we are prepared to furnish it as part of our customization services.

For Customized Report Inquiry: – https://www.marknteladvisors.com/query/request-customization/south-africa-two-wheeler-tire-market.html

Key Benefits for Stakeholders:

  1. Informed Decision-Making: Access to comprehensive and insightful market research reports enables stakeholders to make well-informed decisions, leading to more strategic and successful initiatives.
  2. Strategic Planning: The strategic reports provided by MarkNtel Advisors empower stakeholders to formulate robust strategies for market entry, product development, and competitive positioning.
  3. Market Sizing & Forecasting: Stakeholders can benefit from accurate market sizing and forecasting data to make informed investment and resource allocation decisions, minimizing risks and maximizing returns.
  4. Competitive Benchmarking: The availability of competitive benchmarking data allows stakeholders to assess their performance against industry peers, identify areas for improvement, and capitalize on strengths.
  5. Identifying Investment Opportunities: Through trend analysis and industry insights, stakeholders can identify attractive investment opportunities and stay ahead in the market for better ROI.

About us

MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, Saudi Arabia, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

Contact Information: