Egypt Tire Market By Vehicle Type (Passenger Car, Commercial Vehicle, OTR, Two-Wheeler & Three-Wheeler), By Demand Category (Replacement & OEM), By Radial Vs Bias, Competition, Forecast & Opportunities, 2032

Egypt tire market was valued USD 0.76 Million in 2019 is expected to grow at a CAGR of over 8%, on the back of growing vehicle sales, increasing purchasing power of consumers and growing infrastructure development across the country. Furthermore, consistently growing automobile fleet coupled with rising disposable income is further anticipated to positively influence Egypt tire market during the forecast period. Additionally, with rising demand for tires from the replacement segment and imposing ban on used vehicle import the demand for tires is expected to increase across Egypt.

Egypt tire market is segmented by vehicle type, by demand category, by radial vs. bias, and by region. Based on vehicle type, the market is further categorized into passenger car, commercial vehicle, OTR, two-wheeler, and three-wheeler vehicles. Passenger cars showcased its dominance over the market and is expected to show similar behaviour in the upcoming 10 years. Government of Saudi Arabia is investing diligently in the production of passenger cars, encouraging automotive industry in the country. Moreover, the demand and sales of passenger car has increased in recent years in turn driving the Egypt Tire Market toward the due growth.

Some of the major players operating in Egypt tire industry are Bridgestone, Michelin, Continental AG, Maxxis, Falken, Trenco, Pirelli, Goodyear etc.

Years considered for this report:

Historical Years: 2016 - 2019

Base Year: 2020

Estimated Year: 2021

Forecast Period: 2022-2032

Objective of the Study:

·         To analyze and forecast the market size of Egypt tire market.

·         To classify and forecast Egypt tire market based on Vehicle Type, By Demand Category, By Radial Vs Bias, By Company and By Region.

·         To identify drivers and challenges for Egypt tire market.

·         To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Egypt tire market.

·         To identify and analyze the profile of leading players involved in the manufacturing and selling of Egypt tire market.

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To perform the study, TechSci Research conducted primary as well as exhaustive secondary research. Initially, TechSci Research prepared an exhaustive list of tire dealers operating in the country. Subsequently, TechSci Research conducted primary research surveys, which include primary calls, email responses, etc., with the identified companies. While interviewing, the respondents were also asked about their major competitors. Through this technique, TechSci Research could include manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analysed product offerings, distribution channels, and regional presence of all major tire supplier across Egypt.

TechSci Research calculated the market size for Egypt tire using a bottom-up technique, wherein manufacturers’ volume sales data for different applications, were recorded as well as forecast for the future years. TechSci Research sourced these values from industry experts and company representatives, and externally validated through analysing historical sales data of respective manufacturers to arrive at the overall market size. Multiple secondary sources such as directories, databases such as OICA, ASEAN Automotive Federation, The Association of Egypt Automotive Industries, Company Websites, company annual reports, white papers, investor presentations and financial reports were also studied for Egypt tire market research by TechSci Research.

Key Target Audience:

·         Car Manufacturing Companies

·         Raw Material Suppliers

·         Dealers/Distributors of Tires

·         Governments and financial institutions

·         End users of Tires

• Research organizations and consulting companies.
• Associations, organizations, forums and alliances related to Tires
• Industry associations

The study is useful in providing answers to several critical questions that are important for industry stakeholders such as tire manufacturers, distributors and dealers, customers and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.

Report Scope:

In this report, Egypt tire market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• Market, by Vehicle Type:
• Passenger Cars
• Commercial Vehicles
• Off the Road
• Two-Wheeler
• Three-Wheeler
• Market, by Radial vs Bias:
• Market, by Demand Category:
• OEM
• Replacement
• Market, by Company
• Market, by Region

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Egypt tire market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a 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).