Forecast Period
|
2026-2030
|
Market Size (2024)
|
USD 6.59 Billion
|
CAGR (2025-2030)
|
4.65%
|
Fastest Growing Segment
|
Passenger Cars
|
Largest Market
|
South Africa
|
Market Size (2030)
|
USD 8.66 Billion
|
Market
Overview:
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 witnessing a transformation fueled by
structural changes in mobility, vehicle ownership patterns, and aftermarket
expansion. Growth in the region's automotive sector, especially in passenger
and commercial vehicle segments, is amplifying demand for replacement and OEM
tires. For instance, South Africa's automotive industry saw a strong
performance in March 2025, with domestic new vehicle sales reaching 49,493
units, a 12.5% increase from 43,989 units in March 2024. The new passenger car
market surged by 25.3%, totaling 33,447 units, driven by robust consumer demand
and favorable lending conditions. Export sales also saw significant growth,
rising 31.1% to 39,477 vehicles compared to 30,123 in March 2024. Dealer sales
made up 86.8% of total sales, while 7.3% went to vehicle rentals, 3.5% to government,
and 2.5% to corporate fleets. Sales of light commercial vehicles dropped by
8.4%, totaling 13,328 units, while medium and heavy truck segments saw slight
declines, with 696 medium commercial vehicles and 2,022 heavy trucks and buses
sold, reflecting minimal changes from the previous year. As vehicle
longevity improves and used vehicle imports continue, the replacement tire
cycle has become a dominant factor. Parallel to this is the rising focus on
localized tire assembly and reprocessing, which is stimulating new business
models and creating domestic employment opportunities. Increasing investments
in tire retail chains, roadside servicing points, and mobile fitment services
are also playing a pivotal role in streamlining tire availability across urban
and semi-urban markets.
Key trends reshaping the
landscape include the uptake of digital platforms for tire purchases and price
comparisons, along with the integration of smart technologies in tire products.
Consumer preference is gradually shifting toward brands that offer value-added
features such as fuel-efficient tread designs, longer mileage warranties, and
temperature-resistant rubber compounds tailored for harsh terrains. Retreading
and recycling have emerged as cost-effective and environmentally conscious
alternatives, influencing the behavior of commercial fleet operators. Another
visible trend is the gradual rise in regulatory frameworks focused on tire
quality, import certification, and counterfeit prevention, which is expected to
create a level playing field and drive up product reliability across market
segments.
Despite growth prospects,
several challenges continue to weigh on the sector. One critical hurdle is the
widespread availability of substandard and second-hand tires, which undercut
branded options and create safety concerns. Inconsistent infrastructure and
poor road conditions also contribute to faster wear and tear, leading to
shorter tire lifespans and affecting brand loyalty. Supply chain constraints
such as port delays, import tariff volatility, and lack of regional
manufacturing hubs limit access to premium products. Another major bottleneck
is the limited consumer awareness regarding tire maintenance, load capacity,
and optimal inflation, which restricts the adoption of advanced tire models.
Overcoming these issues will require targeted awareness campaigns, policy
support for local manufacturing, and investment in aftermarket education.
Market
Drivers
Rising Vehicle Parc Expansion
The continuous increase in the
number of vehicles on the road is a central growth driver in the Africa tire
market. As vehicle ownership becomes more accessible through affordable used
imports and credit-based vehicle financing, the vehicle parc steadily expands.
This leads to greater demand for replacement tires, as older vehicles often
require frequent maintenance, particularly tire changes due to usage and wear.
The expansion in the vehicle base impacts both the passenger and commercial
vehicle segments, encouraging retailers and service providers to widen their
inventory across radial, bias, and tubeless categories. With more vehicles
aging beyond their manufacturer’s tire life recommendations, periodic tire
replacements become essential, generating recurring revenue for manufacturers
and tire sellers.
The lifecycle of vehicles in
Africa tends to be longer due to cost-conscious consumer behavior and limited
access to brand-new vehicles, especially in remote areas. This results in
extended use of vehicles with multiple tire change cycles throughout their
lifespan. The increasing frequency of tire replacement, combined with an
expanding aftermarket network, contributes to robust demand across both premium
and budget tire segments. The growing fleet of two-wheelers and three-wheelers
for short-distance commuting and delivery applications further augments the
overall tire demand volume. The commercial segment, particularly freight and
logistics, also plays a pivotal role in this expansion. As goods transportation
and supply chains evolve, commercial fleets require consistent tire maintenance
to ensure safety, performance, and fuel efficiency. Transport operators
recognize tires as mission-critical assets and invest in replacement solutions
regularly, thus stimulating bulk purchases. An indirect result of this vehicle
parc growth is the rise of tire servicing and alignment shops across city
centers and transport corridors, enhancing market accessibility. This
expansion, coupled with increased consumer reliance on motorized transport,
keeps the tire industry on an upward trajectory.
Growth in Budget Tire Segment
Affordability plays a major role
in consumer decision-making in the Africa tire market, pushing budget tire
brands into the spotlight. Low- to mid-income consumers prioritize cost-effective
tire options that offer basic performance, safe drivability, and sufficient
durability for daily use. Budget tire manufacturers recognize this price
sensitivity and have adapted by offering economical options without sacrificing
critical functional parameters like traction, rolling resistance, and wet grip.
The ability of budget brands to replicate key performance attributes at a
reduced price point has significantly altered consumer perception, narrowing
the gap between premium and low-cost offerings. The market has become
increasingly diversified with domestic and imported budget brands competing on
factors such as warranty, mileage claims, and brand trust. These brands are
gaining traction through retail penetration in auto markets and roadside tire
hubs, becoming the preferred choice for a large section of motorists who
prioritize short-term value over long-term brand loyalty. The entry of
international manufacturers with budget-oriented sub-brands has further
intensified the segment’s dynamism.
Widespread acceptance of these
tires among small commercial fleet owners and taxi operators has pushed
distributors and wholesalers to maintain high-volume inventory levels to meet
recurring demand. Budget tire makers are also improving their distribution
models, investing in direct-to-consumer channels, digital marketing, and
customer feedback integration to enhance their competitive advantage. The
increasing sophistication of budget tire manufacturing, backed by global supply
chains and better rubber sourcing, is expected to sustain momentum in this
segment. Price-performance parity, coupled with the sheer scale of potential
customers, makes the budget tire segment a vital pillar of future growth in the
African tire market.
Expansion of Aftermarket Service
Networks
The rapid development of
tire-related aftermarket service networks is creating stronger market pull for
tire manufacturers and distributors. As consumers seek convenient access to
tire fitting, balancing, and alignment services, tire companies are investing
in dealership networks, service centers, and mobile servicing vans. This is
especially impactful in areas where formal service infrastructure was
previously sparse. The rise of franchise-based models and retail chains
offering bundled tire services along with repair and maintenance has made tire
ownership more accessible and efficient. These networks are also driving
consumer loyalty. Repeat customers often return to trusted service points for
tire replacements, fueling long-term demand. Furthermore, tire brands benefit
from greater visibility and customer feedback, allowing them to tailor their
offerings and marketing campaigns. Retailers who provide end-to-end
solutions—including diagnostics, tire rotation, and maintenance
reminders—elevate the tire-buying experience from a commodity transaction to a
full-service engagement, enhancing brand retention and market maturity. The
growth in these service channels also supports tire education, where consumers
become more aware of tread depth, tire aging, inflation pressure, and alignment
effects. As knowledge spreads, tire purchasing becomes more planned rather than
reactive, contributing to more consistent year-round demand rather than
seasonal spikes. These networks are also starting to digitize operations, with
scheduling apps and inventory tools providing seamless engagement. This
transformation in the aftermarket landscape underpins long-term market growth
by raising tire visibility and accessibility across buyer segments.
Increasing Adoption of Retreaded
Tires
Retreaded tires are gaining
traction among cost-sensitive commercial vehicle owners seeking to optimize
operational costs without compromising vehicle uptime. Retreading, the process
of reusing the tire casing while applying new tread, has emerged as a viable
and sustainable option in markets where tire replacement costs form a
significant portion of vehicle maintenance budgets. Fleet operators in freight,
transit, and construction sectors are prioritizing retreads to reduce their
per-kilometer tire expenditure and maintain road readiness with minimal
downtime. The availability of third-party retreading facilities, combined with
standardized retreading materials and equipment, has helped improve the quality
and reliability of these products. Many tire dealers are now offering
pre-evaluated casings and retread packages, making the option more attractive
to commercial buyers. Retread manufacturers are also focusing on compliance
with safety standards, introducing warranties and performance guarantees that instill
confidence among end-users. As environmental concerns rise, the circular
economy appeal of retreads—reduced landfill, lower raw material use, and
decreased carbon output—is also resonating with business buyers. Retreads are
particularly effective for large fleets where tire turnover is high. The
ability to reuse tire bodies two or three times can dramatically lower total
cost of ownership. Logistics managers are integrating tire lifecycle management
into their fleet maintenance programs, tracking retread cycles and performance
outcomes. This data-driven approach improves retread adoption and helps
estimate future tire requirements more precisely. As awareness improves and
quality concerns are addressed, retreaded tires are poised to capture a
significant share of the commercial tire segment.
Surge in Two-Wheeler and
Last-Mile Delivery Fleets
Urbanization and the
proliferation of last-mile delivery services are driving up two-wheeler and
small vehicle usage, particularly among gig economy workers and logistics
providers. These vehicles require high-frequency tire replacements due to
continuous usage, variable road conditions, and lower load-bearing capacities.
The two-wheeler segment—including motorcycles, scooters, and delivery bikes is
a fast-moving vertical in the tire market, often requiring multiple tire
changes annually. This surge in urban mobility solutions has led tire
manufacturers to design products with better tread grip, puncture resistance,
and quick heat dissipation, especially for city traffic environments. Fleet
owners, such as courier and e-commerce delivery aggregators, prefer
standardized tire models with predictable lifecycles, pushing sales for
mass-market two-wheeler tire models. These high-velocity sales cycles benefit
manufacturers through volume growth and long-term contracts. The rise in
two-wheeler leasing and shared mobility models also increases institutional
tire buyers’ presence. Companies often engage in bulk tire procurement and enter
into service-level agreements with manufacturers or service providers, adding
structure and predictability to the two-wheeler tire sub-market. As delivery
timelines shrink and efficiency becomes critical, high tire performance becomes
a competitive differentiator, further strengthening demand in this segment.

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Key
Market Challenges
Proliferation of Counterfeit and
Substandard Tires
One of the most persistent
threats in the Africa tire market is the widespread availability of counterfeit
and substandard tires. These products not only compromise road safety but also
erode consumer trust in legitimate tire brands. Many unregulated imports bypass
safety checks and offer tires at drastically low prices, making them attractive
to price-conscious consumers. However, their poor construction often leads to
faster deterioration, accidents, and reduced fuel efficiency. Legitimate tire
manufacturers and distributors suffer as substandard products undercut their
pricing. Brand dilution occurs when consumers mistakenly attribute poor
performance to reputable companies due to counterfeit lookalikes. The lack of
robust regulatory enforcement and the ease of entry for low-quality imports
exacerbate this issue. Retailers looking to maximize profit margins may
unknowingly stock counterfeit tires, further perpetuating the cycle. Combating
this challenge requires collaborative efforts across stakeholders, including
government agencies, industry associations, and certification bodies. Public
education campaigns focused on tire safety, visible labeling standards, and
digital tracking systems like QR codes or blockchain identifiers can improve
transparency. In the absence of a secure and monitored distribution ecosystem,
counterfeit tires will continue to undermine market integrity and stifle
innovation in product quality.
High Dependence on Imported
Tires
Africa’s tire market is heavily
reliant on imported products, which exposes it to global supply chain
disruptions, fluctuating foreign exchange rates, and shipping cost volatility.
The limited number of local manufacturing facilities makes the continent vulnerable
to import bottlenecks, particularly during high-demand seasons. Dependence on
foreign suppliers also reduces control over pricing, quality assurance, and
lead times. Manufacturers find it challenging to maintain inventory stability,
especially when import documentation, customs clearance, and port logistics are
subject to delays. This causes stockouts or oversupply, affecting both
wholesalers and retailers. Sudden policy shifts in exporting countries or
global crises can create ripple effects in pricing and product availability,
hampering market planning and growth forecasts. Developing local manufacturing
capabilities would help insulate the market from external shocks. However,
establishing tire plants requires massive capital, specialized labor, and raw
material access—factors that remain constrained in many regions. The lack of
these local capacities forces tire companies to build pricing strategies around
import cycles, limiting their competitiveness in price-sensitive market
segments.
Limited Access to Tire Financing
Options
Purchasing new tires, especially
premium or commercial-grade variants, often represents a sizable upfront cost
for consumers and small fleet operators. The absence of tailored financing
options for tire purchases results in deferred replacements, continued use of
worn-out tires, or migration toward cheaper substandard alternatives. This not
only affects safety and performance but also reduces market penetration for
quality brands. Unlike vehicles, which often come with financing packages or
leasing schemes, tires are treated as maintenance expenses and seldom qualify
for installment plans. Some tire dealers offer informal credit to trusted
customers, but such systems lack structure and scalability. Without formalized
financial inclusion for tire purchases, many potential buyers remain untapped,
especially those operating on tight margins like small transport companies and
gig workers. Introducing micro-financing, digital credit scoring, and tire
leasing models could transform consumer behavior. Deferred payment systems,
subscription-based tire usage, or pay-per-kilometer plans can ease the burden
of upfront costs. Bridging this financing gap would not only boost tire sales
but also raise overall safety and vehicle efficiency across consumer segments.
Inadequate Consumer Awareness of
Tire Maintenance
Low consumer awareness of basic
tire care practices remains a significant challenge. A large section of vehicle
owners lacks knowledge about proper tire inflation, rotation, tread depth, and
load capacity limits. This leads to premature wear, uneven tread patterns, and
higher fuel consumption. In severe cases, ignorance about tire condition
contributes to road accidents and mechanical failures. This knowledge gap is
not just limited to private vehicle owners but extends to commercial drivers,
logistics firms, and even some retailers. Many tire users treat tires as
expendables rather than performance-enhancing components. Tire maintenance is
often reactive rather than preventive, reducing tire life and increasing
replacement frequency. Tire companies and aftermarket networks need to invest
more in consumer education through workshops, social media campaigns, and
in-store demonstrations. Integrating tire health alerts into vehicle dashboards
or mobile apps can also help track usage patterns and recommend maintenance. An
informed consumer base will make smarter purchase decisions, demand better
products, and reinforce loyalty to high-quality brands.
Infrastructure Constraints
Impacting Tire Performance
Poor road infrastructure,
especially in rural and undeveloped zones, accelerates tire damage due to
frequent potholes, unpaved routes, and extreme terrain. High temperatures and
road debris contribute to tire blowouts, irregular wear, and casing rupture.
These conditions demand tougher tire compositions and frequent replacements,
escalating ownership costs and limiting tire lifespan. Tire manufacturers must
invest in reinforced sidewalls, puncture-proof linings, and specialized tread
designs to cater to these usage environments. However, these enhancements
increase production costs, making the tires less accessible to low-income
consumers. Balancing durability with affordability becomes a key engineering
and marketing challenge. Retailers must also ensure they stock region-specific
SKUs that match the prevailing road quality. The mismatch between tire design
and real-world usage often leads to dissatisfaction and premature failure.
Infrastructure investment and adaptive product engineering must go hand in hand
to ensure that tire offerings are compatible with on-ground mobility conditions.
Key
Market Trends
Digitalization of Tire Retail
and Distribution
The tire industry is undergoing
a digital transformation that is reshaping how tires are marketed, sold, and
delivered. Online platforms, mobile apps, and e-commerce websites are becoming
central to tire distribution strategies. Consumers are now able to compare
prices, check compatibility, read reviews, and place orders directly from their
phones or computers. This shift offers greater convenience and transparency,
especially for urban consumers and fleet operators seeking efficiency.
Digitalization also supports inventory management and supply chain
optimization. Retailers and distributors can integrate their stock systems with
digital platforms to avoid overstocking or understocking. Consumers receive
real-time updates on product availability and delivery timelines. This boosts
confidence in the purchase process and promotes brand loyalty through seamless
service experiences. Tire manufacturers are capitalizing on this trend by
offering virtual tire advisors, size-matching algorithms, and even AR-based tire
visualization tools. Partnerships between e-commerce giants and tire companies
are expanding the reach of premium brands into markets that were traditionally
dominated by small shops or unorganized vendors. Moreover, digital platforms
facilitate loyalty programs, post-sale service reminders, and warranty
registrations, creating an end-to-end ecosystem for the tire customer journey.
Digital tire retail also helps collect valuable consumer behavior data, which
can inform product development and marketing strategies. Companies that embrace
digitalization will benefit from scalable customer acquisition, reduced
transaction friction, and enhanced brand differentiation in an increasingly
competitive landscape.
Rise in Sustainable and
Eco-Friendly Tire Solutions
Sustainability is becoming a
core focus area in the tire industry, influencing how products are
manufactured, marketed, and recycled. With growing environmental consciousness,
consumers and fleet operators are actively seeking tires that offer low rolling
resistance, longer lifecycle, and recyclable materials. Manufacturers are
responding by incorporating bio-based oils, silica compounds, and advanced
polymers into tire formulations to reduce environmental impact. Eco-friendly
tires reduce fuel consumption and carbon emissions by enhancing vehicle
efficiency. These innovations are especially attractive to commercial transport
operators seeking to meet ESG targets and lower total operating costs. Some
tire brands are also offering carbon footprint labeling to help customers make
informed decisions. Sustainability-driven procurement policies from fleet
operators are also encouraging the adoption of green tire alternatives. On the
production side, manufacturers are investing in cleaner processes, such as renewable
energy use, water recycling, and waste reduction at tire plants. Scrapped tires
are being repurposed for energy, construction materials, or retreading, thereby
contributing to circular economy models. Innovations in tire recycling methods,
such as pyrolysis and devulcanization, are gradually gaining commercial
traction, closing the loop in the tire lifecycle. This green momentum is no
longer a niche but a mainstream trend shaping product development, branding,
and consumer choice. Companies that align their strategies with sustainability
benchmarks are expected to gain market advantage and long-term trust.
Integration of Smart Tire
Technologies
Smart tires equipped with
sensors and IoT capabilities are being introduced to improve vehicle safety,
performance tracking, and maintenance efficiency. These advanced tires can
monitor temperature, pressure, tread wear, and load conditions in real-time,
transmitting data to vehicle dashboards or mobile apps. This technology is
especially beneficial for commercial fleets where tire failure can lead to
operational delays and increased costs.
Smart tires help detect slow
leaks, improper inflation, and uneven wear patterns early, allowing preemptive
action that extends tire life. Fleet managers can use this data to optimize
route planning, reduce fuel usage, and schedule maintenance proactively. In
logistics-intensive operations, real-time monitoring of tire health is evolving
into a standard safety and cost-control feature. Tire companies are offering
these smart capabilities either as integrated components in premium tires or as
aftermarket sensors that can be attached to standard tires. This modularity
expands the addressable market and allows for phased adoption based on budget
and use case. Data from smart tires is also being used to train AI models that
can predict tire failures and recommend ideal driving behaviors. The
integration of smart tire technology positions tires not just as consumables
but as data-driven components of modern mobility. As adoption increases, these
tires will redefine value perception in both passenger and commercial segments,
shifting purchase decisions toward performance intelligence and lifecycle cost
rather than just price or durability.
Shift Toward Multi-Brand Retail
Formats
Retail formats in the tire
market are evolving from single-brand outlets to multi-brand showrooms and
aggregator platforms. Consumers are showing preference for retailers that
provide variety, comparative evaluation, and flexibility in pricing. This shift
is encouraging tire distributors and service providers to stock multiple
international and regional brands under one roof, catering to different budget
and performance needs. Multi-brand formats improve transparency and encourage
healthy competition. Buyers can access a wide range of tires across price
points and specifications, which simplifies decision-making. These retail
environments also offer promotions, combo offers, and loyalty benefits that
create customer stickiness. Many such outlets are incorporating value-added
services like insurance, roadside assistance, and on-site tire installation to
differentiate themselves. The emergence of these formats is disrupting
traditional dealership models, pushing legacy brands to become more
consumer-centric in their outreach. Aggregator platforms also enable retailers
to broaden their reach via online ordering and nationwide shipping. In markets
where brand loyalty is low and pricing is sensitive, these multi-brand outlets
offer customers the best balance of choice, convenience, and savings. This
trend is democratizing tire access while intensifying the need for
manufacturers to compete not just on product performance but also channel
partnerships, promotional tactics, and point-of-sale experiences.
Growing Popularity of All-Season
and Multi-Terrain Tires
Consumers and fleet managers are
increasingly opting for all-season and multi-terrain tires that can handle
varied weather and road conditions with minimal switching. These tires offer a
hybrid tread pattern, improved sidewall strength, and compound formulations
that maintain grip across temperature ranges. The convenience of a
one-size-fits-all solution is especially appealing to users who frequently move
between urban, semi-urban, and off-road areas. Multi-terrain tires are designed
for flexibility—offering durability for rough roads while maintaining fuel
efficiency and comfort on highways. Their growing popularity is driven by an
increased focus on cost management and maintenance simplification. Commercial fleets,
in particular, benefit from reduced downtime and lower warehousing needs, as
fewer tire types are required in inventory. Tire manufacturers are innovating
aggressively in this category, launching lines with reinforced bead designs,
self-cleaning treads, and adaptive siping technologies. Marketing is focusing
on convenience and durability rather than performance extremes, which aligns
with the needs of the mass market. These tires are also being bundled with
long-term warranties and performance guarantees, increasing buyer confidence.
As infrastructure continues to be inconsistent and mobility patterns evolve,
the preference for hybrid tire formats is expected to increase. This product
segment is reshaping the tire landscape by shifting the value proposition from
specialization to versatility.
Segmental
Insights
Tire Construction Type Insights
In 2024, radial tires are
dominating the Africa tire market by a considerable margin when segmented by
tire construction type. The primary reason behind their dominance lies in their
structural advantages, extended lifespan, and growing preference among both
passenger and commercial vehicle segments. Radial tires are constructed with
steel belts running at a 90-degree angle to the tread line, offering reduced
rolling resistance, enhanced grip, and better heat dissipation compared to bias
tires. These features make them particularly suitable for long-distance travel,
heavy-duty applications, and urban use where tire durability and fuel economy
are key concerns.
The increasing penetration of
modern vehicles equipped with advanced suspension systems has also influenced
the shift toward radial tires. These vehicles are typically engineered to
perform optimally with radial tires due to their ability to maintain consistent
road contact and absorb road irregularities more efficiently. This not only
improves ride comfort but also contributes to reduced wear and tear on the
vehicle, which is a major driver in markets sensitive to maintenance costs.
Radial tires are becoming more
accessible across diverse African markets due to improvements in logistics and
distribution networks, making it easier for consumers to access better tire
technology at competitive prices. Importers and local wholesalers are
prioritizing radial inventory due to rising demand from fleet operators and
private vehicle owners who are seeking better fuel efficiency and longer
service intervals. The rise of road freight transportation, especially for
cross-border logistics and intra-urban delivery services, has further
accelerated the shift to radial options, which offer longer tread life and
superior load-bearing capacity.
The trend is also supported by
expanding awareness regarding tire performance and safety benefits. Vehicle
owners are increasingly seeking value for money rather than simply opting for
the cheapest available options. Radial tires, while initially more expensive,
provide long-term cost savings through fewer replacements, better mileage, and
lower risk of blowouts, which appeals to commercial operators and
cost-conscious consumers alike. This shift in purchasing behavior is reshaping
supply priorities for distributors and service providers who are now aligning
their inventories with the rising preference for radial construction.

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Country
Insights
In 2024, South Africa emerges as
the dominant region in the Africa tire market. This is driven by the country’s
well-established automotive industry, which includes a high number of passenger
vehicles, commercial fleets, and a growing demand for tires in both urban and
rural areas. South Africa's strategic position as an economic hub in the
southern part of the continent, combined with its advanced infrastructure and
manufacturing capacity, contributes significantly to its leadership in tire
consumption. For instance, In 2023, South Africa’s automotive industry set a
new record for vehicle exports, with 399,594 units exported and total
production reaching 633,332 vehicles. This marked a remarkable recovery from
2020’s 441,822 vehicles produced. The industry generated USD 14.26 billion in
revenue from vehicle and component exports, reflecting a 19.1% growth compared
to 2022. Exports to African countries totaled 25,381 vehicles, highlighting
strong potential for expansion under the African Continental Free Trade Area
(AfCFTA). The automotive sector employs 116,069 people and contributes 3.2% to
the GDP. Noteworthy investments in 2023 included BMW’s USD 236.84 billion for
X3 Plug-in Hybrid production, Stellantis’s 157.89 billion for a new Coega
facility, and Ford’s USD 273.68 billion for PHEV production at the Silverton
Assembly Plant. In total, over R60 billion in investments have been made,
driving growth and creating sustainable job opportunities.
The country is home to a
well-developed automotive manufacturing sector, producing a wide range of
vehicles that require high-quality tires. The demand for tires in South Africa
is further fueled by its vast road networks and a robust transport industry,
which includes freight logistics, public transportation, and personal vehicles.
These industries rely heavily on durable and cost-effective tire solutions,
particularly radial tires, which have become the preferred choice due to their
superior performance and longer lifespan.
In urban areas, consumer
preferences are shifting toward premium and performance tires, driven by the
growing middle class and rising disposable incomes. These consumers are
increasingly investing in vehicles that demand high-performance tire products,
including those for SUVs and luxury cars. In contrast, rural and semi-urban
areas continue to see strong demand for robust tires capable of withstanding
harsh road conditions, including off-road and all-terrain options.
South Africa also benefits from
an expanding retail and distribution network that ensures tire availability
across the country. Retail outlets, both physical and online, are experiencing
a surge in demand due to consumer awareness of tire quality and the importance
of maintaining vehicle safety. This has led to increased competition among
distributors and tire suppliers, which in turn has made tires more accessible
at competitive prices.
Another key driver for South
Africa's dominance in the tire market is its role as a regional hub for
manufacturing and exports. The country exports tires to neighboring regions
such as Southern Africa, where demand for tires is also increasing due to improving
infrastructure and growing automotive ownership. The presence of a
well-established tire supply chain network further strengthens South Africa’s
position as the dominant player in the African tire market in 2024.
Recent
Developments
- In 2024, Hankook, a leading
premium tire manufacturer, has inaugurated its first commercial branch in
Morocco, marking a significant step in its expansion into the African market.
The new subsidiary, located in Casablanca, aims to enhance Hankook's presence
in the Maghreb and West Africa regions. Don Yi Jeon, who has extensive
experience in marketing and sales within the company, has been appointed as the
Managing Director of the Moroccan branch.
- In 2024, Omni United has
introduced innovative tire solutions in South Africa to enhance driver safety
amid the country's high crime rates. At the "Mission Africa Terrain"
event, the company unveiled the Radar Dimax Sport and Dimax Sprint tires
equipped with run-flat technology, enabling drivers to continue their journey
even after a puncture. These tires will be priced equivalently to standard
models, aiming to make safety accessible to a broader audience. Additionally,
Omni is developing bulletproof tires under the Renegade Ultra line, designed to
offer protection in high-risk situations.
- In 2023, Sumitomo Rubber South
Africa (SRSA) is investing approximately USD 107.5 million to upgrade and
expand its Dunlop tyre manufacturing plant in Ladysmith, KwaZulu-Natal. The
investment aims to enhance the plant's capacity and introduce new technology to
meet the growing demand for high-quality passenger and SUV tyres. The first
phase, valued at around USD 59.1 million, focuses on modernising the plant's equipment,
while the second phase, estimated at USD 48.9 million, will establish local
manufacturing of truck and bus tyres, previously imported from Japan and China.
This initiative is supported by the South African government through a USD 16.1
million grant under the Automotive Investment Scheme and aims to create over
400 new jobs, boosting local employment and industrial development.
Key
Market Players
- 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.
By Vehicle
Type
|
By Demand
Category
|
By Tire
Construction Type
|
By Country
|
- Passenger Car
- Two-Wheelers
- Light Commercial Vehicles (LCV)
- Medium & Heavy Commercial Vehicles (M&HCV)
|
|
|
- South Africa
- Egypt
- Morocco
- Libya
- Nigeria
- Kenya
- Angola
- Zimbabwe
|
Report
Scope:
In this
report, the Africa Tire Market has been segmented
into the following categories, in addition to the industry trends which have
also been detailed below:
·
Africa Tire Market, By Vehicle Type:
o
Passenger
Car
o
Two-Wheelers
o
Light
Commercial Vehicles (LCV)
o
Medium
& Heavy Commercial Vehicles (M&HCV)
·
Africa Tire Market, By Demand Category:
o
OEM
o
Aftermarket
·
Africa Tire Market, By Tire Construction Type:
o
Radial
o
Bias
·
Africa Tire Market, By Country:
o
South
Africa
o
Egypt
o
Morocco
o
Libya
o
Nigeria
o
Kenya
o
Angola
o
Zimbabwe
Competitive
Landscape
Company Profiles: Detailed analysis of
the major companies presents in the Africa Tire Market.
Available
Customizations:
Africa Tire
Market report with the given market data, Tech Sci Research offers
customizations according to the company’s specific needs. The following
customization options are available for the report:
Company
Information
- Detailed analysis
and profiling of additional market players (up to five).
Africa Tire
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