Angola Tyre (Tire) Market Size, Share by Type 2020

Summary

Report Description

Due to low motorization rate of around 37 vehicles (passenger cars & commercial vehicles) per 1000 people in 2013, Angola’s automotive industry offers considerable growth potential. Over the last few years, the automobile sector in the country has been witnessing an uptick in investments, with vehicle imports also exhibiting growth. This has translated into boosting demand for other automotive products in the country, including tires. Automobile sector in Angola lacks presence of any automobile OEMs. Moreover, the country does not have any tire manufacturing facilities. Due to this reason, the tire market of the country is entirely replacement and import driven.

According to TechSci Research report, “Angola Tyre Market Forecast & Opportunities, 2020”, Angola’s focus on diversification into non-oil sectors, coupled with growing construction activities, expanding vehicle fleet and increasing automobile sales are expected to drive the country’s tire market at a CAGR of more than 10% during 2015 - 2020. During 2010-2014, the passenger car tire segment was among the key segments in the country’s tire market, and this trend is expected to continue during the forecast period as well. Decline in crude oil prices to USD60 per barrel in 2014, has widened the country’s deficit, leading to retrenchment of public expenditure in infrastructure and construction activities. However, the country has various infrastructure projects in pipeline, which are forecast to drive the commercial vehicle and OTR tyres market over the course of next five years. “Angola Tyre Market Forecast & Opportunities, 2020” report elaborates following aspects related to tire market in Angola:

Angola Tire Market Size, Share & Forecast
Segmental Analysis – Passenger Car, Commercial Vehicle, Two Wheeler & OTR Tires
Policy & Regulatory Landscape
Changing Market Trends and Emerging Opportunities
Competitive Landscape and Strategic Recommendations

Why You Should Buy This Report?

To gain an in-depth understanding of tire market in Angola
To identify the on-going trends and segment wise anticipated growth in the coming years
To help industry consultants, tire companies and other stakeholders to align their market-centric strategies
To obtain research based business decision and add weight to presentations and marketing material
To gain competitive knowledge of leading players
To avail 10% customization in the report without any extra charges and get research data or trends added in the report as per the buyer’s specific needs

Report Methodology

The information contained in this report is based on both primary and secondary sources. Primary research included interviews with tire companies, distributors, retailers and industry experts. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases

Table of content

1. Research Methodology

2. Analyst View

3. Product Overview

4. Angola Tyre Market Outlook

4.1. Market Size & Forecast

4.1.1. By Value & Volume

4.2. Market Share & Forecast

4.2.1. By Vehicle Type

4.2.2. By Company

4.2.3. By Region

5. Angola Passenger Car (PC) Tyre Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value & Volume

5.2. Market Share & Forecast

5.2.1. By Vehicle Type

6. Angola Commercial Vehicle (CV) Tyre Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value & Volume

7. Angola Two-Wheeler (2W) Tyre Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value & Volume

8. Angola Off-The-Road (OTR) Vehicle Tyre Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value & Volume

9. Market Dynamics

9.1. Drivers

9.2. Challenges

10. Market Trends & Developments

10.1. Rapid Growth in Demand for Two-Wheeler Tyres

10.2. Increasing Penetration of Chinese Tyre

10.3. Increasing Penetration of Retreaded Tyres

10.4. Growing Demand for Radial Tyres

10.5. Increasing Automobile Sales

11. Policy & Regulatory Landscape

12. Angola Economic Profile

13. Competitive Landscape

13.1. The Yokohama Rubber Company Limited

13.2. Continental AG

13.3. Hankook Tire

13.4. Kumho Tire Co., Inc

13.5. Bridgestone Corporation

13.6. Goodyear Tyre & Rubber Company

13.7. SCA Compagnie Générale des Établissements Michelin

13.8. Triangle Tyre Co., Ltd

14. Strategic Recommendations

Figures and Tables

List of Figures

Figure 1: Angola Tyre Market Size, By Value (USD Million), By Volume (Thousand Units), 2010-2020F

Figure 2: Angola Tyre Market Share, By Vehicle Type, By Volume, 2010-2020F

Figure 3: Angola Tyre Market Share, By Company Type, By Volume, 2014-2020F

Figure 4: Angola Tyre Market Share, By Region, By Volume, 2014-2020F

Figure 5: Angola Passenger Car Tyre Market Size, By Value (USD Million), By Volume (Thousand Units), 2010-2020F

Figure 6: Angola Passenger Car Tyre Market Share, By Vehicle Type, By Volume, 2010-2020F

Figure 7: Angola Commercial Vehicle Tyre Market Size, By Value (USD Million), By Volume (Thousand Units), 2010-2020F

Figure 8: Angola Two-Wheeler Tyre Market Size, By Value (USD Million), By Volume (Thousand Units), 2010-2020F

Figure 9: Angola Off-The-Road Vehicle Tyre Market Size, By Value (USD Million), By Volume (Thousand Units), 2010-2020F

List of Tables

Table 1: Angola Automobile Sales, By Volume, 2010–2014 (Units)

Table 2: Angola Automobile Fleet, By Volume, 2010–2014 (Million Units)

Table 3: Angola Passenger Car Fleet, By Volume, 2010–2014 (Million Units)

Table 4: Angola Passenger Car Sales, By Volume, 2010–2014 (Units)

Table 5: Currency Exchange Rate USD to AOA, 2010–2014

Table 6: Angola Gross National Income Per Capita, 2010–2014 (USD)

Table 7: Angola Commercial Vehicle Sales, By Volume, 2010–2014 (Units)

Table 8: Angola Commercial Vehicle Fleet, 2010–2014 (Million Units)

Table 9: Angola Passenger Car and Commercial Vehicle Sales, By Volume, 2010-2014 (Units)

Table 10: Angola Custom Duties on Tyres

Frequently asked questions

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Business Consultant

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Press Release

Angola Tyre Market to Grow at Over 10% Until 2020

Dec, 2015

Increasing focus on non-oil sectors coupled with expanding vehicle fleet to increase tyre sales in Angola through 2020

Angola Tyre Market Forecast and Opportunities, 2020

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