Africa Tire Market to Grow with a CAGR of 4.65% through 2030
Rising vehicle demand, increasing demand for affordable tire
replacements, and expansion of tire distribution networks are the factors
driving the market in the forecast period 2026–2030.
According to TechSci Research report, “Africa Tire Market – Industry Size, Share, Trends, Opportunity, and Forecast, 2020-2030F”,
The Africa Tire Market was valued at USD 6.59 Billion in 2024 and is expected
to reach USD 8.66 Billion by 2030 with a CAGR of 4.65% during the forecast
period.
The Africa tire market is experiencing a dynamic evolution, supported by
shifts in regional trade frameworks, infrastructure development initiatives,
and the diversification of vehicle applications across industrial and
agricultural segments. As transportation networks expand and cross-border
logistics become more vital for trade under the African Continental Free Trade
Area (AfCFTA), tire consumption is being influenced not just by personal
vehicle demand, but increasingly by the needs of freight carriers, construction
fleets, and agricultural machinery. This shift is driving a surge in demand for
tires built for durability, load resistance, and off-road performance.
At the heart of the market’s momentum is a broadening demand
base—ranging from light-duty passenger vehicles in urban centers to heavy-duty
trucks navigating mining corridors and remote construction zones. The ongoing
rollout of regional road upgrades, energy corridor developments, and railway
expansion projects is indirectly catalyzing tire consumption by fostering
commercial transport activity. Meanwhile, the rise in ride-hailing platforms
and informal public transport services, such as minibuses and tuk-tuks, across
metropolitan areas is reinforcing the replacement tire segment, where tread
wear cycles are more aggressive due to overuse and urban congestion.
Government procurement for public service vehicles, utility fleets, and
agricultural equipment is also playing a crucial role. As state-owned
enterprises modernize their fleets in sectors such as waste management, power
distribution, and water services, procurement of specialized tires—especially
industrial-grade and all-weather variants—is growing steadily. This
institutional demand adds resilience to the tire market, particularly during
downturns in consumer vehicle sales.
On the business front, local assembly units and re-treading facilities
are gaining traction in response to foreign exchange pressures and the need to
reduce reliance on imported tires. With several countries implementing local
content requirements and offering investment incentives in special economic
zones, regional tire production is slowly becoming a viable avenue for foreign
brands to expand presence while meeting localization mandates. This is
particularly evident in countries such as Egypt, South Africa, Nigeria, and
Morocco, where local manufacturing or assembly initiatives are either underway
or being ramped up with joint ventures and government backing.
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Africa Tire Market Is Segmented by Vehicle
Type, Demand Category, Tire Construction Type, and By Country.
In 2024, the passenger car
segment is emerging as the fastest-growing category within Africa’s tire
market, propelled by increasing urbanization, expanding middle-class
populations, and rising vehicle ownership rates across major metropolitan
regions. This surge is particularly pronounced in urban and peri-urban zones,
where passenger vehicles serve as primary transportation solutions for both
personal and informal commercial use. Demand for replacement tires is
accelerating as car owners seek improved performance, longer tread life, and
better safety on roads that often range from well-paved city highways to uneven
rural routes. As public transportation remains inconsistent in many parts of
the continent, more consumers are turning to used or reconditioned passenger vehicles,
further driving the replacement tire cycle.
Import dynamics are also
shifting. Governments and local authorities are easing tariffs on mid-tier tire
products, making them more accessible to cost-conscious vehicle owners.
Simultaneously, a broader consumer shift toward fuel-efficient tires and advanced
tread designs tailored for heat and abrasion resistance is reshaping
preferences within this segment. A growing number of service stations and tire
retail points are improving product reach and availability, particularly in
underserved townships and satellite cities. E-commerce platforms and mobile
fitment services are also gaining momentum, allowing users to compare prices
and brands conveniently, thereby streamlining tire procurement and replacement
decisions. Passenger car owners are more frequently investing in seasonal or
terrain-specific tires, especially in regions with mixed weather patterns or
challenging road conditions. This functional segmentation is creating niche
opportunities in the tire space, particularly for all-weather and high-mileage options.
Among the key African
markets, Morocco is leading in tire market growth in 2024, driven by strong
momentum in infrastructure modernization, automotive assembly operations, and a
growing network of roadways that enhance regional connectivity. The country’s
tire demand is expanding due to a steady rise in passenger vehicle
registrations, particularly in urban centers where commuting needs are
increasing. The expansion of expressways and national road networks is boosting
vehicle mobility, intensifying tire wear and replacement frequency. Consumers
are displaying heightened awareness about tire quality, noise reduction, and
rolling resistance, pushing demand for higher-specification tires. Government
efforts in vehicle inspection systems and roadworthiness compliance have
contributed to increased tire turnover rates, especially in densely populated
cities. The presence of logistics corridors and growing intra-city delivery
services are also playing a role, as more private vehicles are used for
part-time commercial activities, intensifying tire usage in the passenger car
segment.
Major Market Players
Operating in Africa Tire Market Are:
- Bridgestone Corporation
- Zhongce Rubber Group Co., Ltd
- Goodyear Tire & Rubber Company
- Sumitomo Rubber Industries Ltd
- Shandong Linglong Tyre Co., Ltd
- Pirelli & C. S.p.A.
- Yokohama Rubber Company Limited
- Kumho Tire Co. Inc
- BFGoodrich Tyres
- Hankook Tire & Technology Co., Ltd.
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As we look at the Africa tire market right now,
it’s clear that things are really picking up—especially when it comes to
passenger cars. More people are buying vehicles, and with that comes the need
for good, reliable tires. What’s exciting is that not only are we seeing growth
in cities, but there’s also rising demand in places that were previously
underserved. Whether it’s through better roads, mobile tire services, or
smarter tire options, the market is moving fast. I truly believe this is just
the beginning of a much bigger wave of opportunity across the continent, said
Mr. Karan Chechi, Research Director of TechSci Research, a research-based
global management consulting firm.
The report titled “Africa Tire Market – Size,
Share, Trends, Opportunity, and Forecast, Segmented By Vehicle Type (Passenger
Car, Two-Wheelers, Light Commercial Vehicles (LCV), Medium & Heavy
Commercial Vehicles (M&HCV)), By Demand Category (OEM, Aftermarket), By
Tire Construction Type (Radial, Bias), By Country, By Competition, 2020-2030F”,
assesses the market's future growth potential and provides data on market size,
trends, and forecasts. It aims to offer comprehensive market insights, helping
decision-makers make informed investment choices. The report also highlights
emerging trends, key drivers, challenges, and opportunities in the Africa Tire
Market.
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