Eritrea Tire (Tyre) Market Size, Share 2022 By Vehicle Type- TechSci Research

Summary

Report Description

Replacement demand dominated Eritrea tire market, as there are no automobile manufacturing facilities in the country. Eritrea is prominently divided into three regions including Northern, Central and Southern region, with Central region, dominating tire demand in the country. Growth of the tire industry of the country is prominently backed by growing sales of vehicles and expanding automobile fleet in the country. Increasing population of the country is also boosting demand for automobiles and related tire products. As per the CIA, population of the country stood at 5.86 million in 2016. Moreover, rising government focus on development of infrastructure and industrial sectors is further anticipated to boost demand for automobiles and related tire products in the country during 2017-2022.

According to “Eritrea Tire Market Forecast & Opportunities, 2022’’, Eritrea tire market is forecast to grow at a CAGR of over 4% during 2017-2022 driven by consistently expanding automobile fleet size, increasing infrastructural developments and increasing average selling prices of tires. Eritrea tire market is dominated by Chinese tire companies, which accounts for more than 50% share in the country’s tire market. Other leading flagship tire companies operating in Eritrea include Bridgestone, MRF, Apollo, CEAT, etc. “Eritrea Tire Market Forecast & Opportunities, 2022’’ report elaborates following aspects of tire market in Eritrea:

Eritrea Tire Market Size, Share & Forecast
Segmental Analysis – By Vehicle Type (Passenger Car Tires, Light Commercial Tires, Medium and Heavy Commercial Vehicle Tires, Off-The-Road (OTR) Tires &Two-Wheeler 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 Eritrea
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 vehicle manufactures, 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. Product Overview

2. Research Methodology

3. Analyst View

4. Eritrea Tire Market Outlook (2012-2022)

4.1. Market Size & Forecast

4.1.1.By Value & Volume

4.2. Market Share & Forecast

4.2.1.By Vehicle Type (Passenger Car (PC), Light Commercial Vehicle (LCV), Medium & Heavy Commercial Vehicle (M&HCV), Two- & Three-Wheeler (2W), and Off-The-Road (OTR))

4.2.2.By Company

4.2.3.By Premium, Budget & Ultra-Budget

4.2.3.1. By Company (By Premium, Budget & Ultra-Budget)

4.2.4.By Region

4.2.5.By Radial Vs Bias

4.3. Market Attractiveness Index, By Region

4.4. Market Attractiveness Index, By Vehicle Type

4.5. Prominent Tire Sizes

5. Eritrea Passenger Car (PC) Tire Market Outlook

5.1. Market Size & Forecast

5.1.1.By Value & Volume

5.2. Market Share & Forecast

5.2.1.By Vehicle Type (Sedan, SUV & Hatchback)

5.2.2.By Radial Vs Bias

5.2.3.By Company

5.2.4.By Premium, Budget & Ultra-Budget

5.2.4.1. By Company (By Premium, Budget & Ultra-Budget)

6. Eritrea Light Commercial Vehicle (LCV) Tire Market Outlook

6.1. Market Size & Forecast

6.1.1.By Value & Volume

6.2. Market Share & Forecast

6.2.1.By Vehicle Type (Light Truck & Light Bus)

6.2.2.By Radial Vs Bias

6.2.3.By Company

6.2.4.By Premium, Budget & Ultra-Budget

6.2.4.1. By Company (By Premium, Budget & Ultra-Budget)

7. Eritrea Medium & Heavy Commercial Vehicle (M&HCV) Tire Market Outlook

7.1. Market Size & Forecast

7.1.1.By Value & Volume

7.2. Market Share & Forecast

7.2.1.By Vehicle Type (Truck & Bus)

7.2.2.By Radial Vs Bias

7.2.3.By Company

7.2.4.By Premium, Budget & Ultra-Budget

7.2.4.1. By Company (By Premium, Budget & Ultra-Budget)

8. Eritrea OTR Tire Market Outlook

8.1. Market Size & Forecast

8.1.1.By Value & Volume

8.2. Market Share & Forecast

8.2.1.By Vehicle Type (Agriculture Vehicles, Construction & Industry Vehicles, etc.)

8.2.2.By Radial Vs Bias

8.2.3.By Company

8.2.4.By Premium, Budget & Ultra-Budget

8.2.4.1. By Company (By Premium, Budget & Ultra-Budget)

9. Eritrea Two- & Three-Wheeler Tire Market Outlook

9.1. Market Size & Forecast

9.1.1.By Value & Volume

9.2. Market Share & Forecast

9.2.1.By Vehicle Type (Two-Wheeler and Three-Wheeler)

9.2.2.By Radial Vs Bias

9.2.3.By Company

9.2.4.By Premium, Budget & Ultra-Budget

9.2.4.1. By Company (By Premium, Budget & Ultra-Budget)

10. Import Export Analysis

11. Supply Chain Analysis

12. Market Dynamics

12.1. Drivers

12.2. Challenges

13. Market Trends & Developments

13.1. Growing Penetration Chinese Tires

13.2. Dominance of Passenger Car Segment

13.3. Growing Tire Radialization

13.4. High Demand for Tires from Central Region

14. Policy & Regulatory Landscape

15. Eritrea Economic Profile

16. Competitive Landscape

16.1. Apollo Tyres Ltd.

16.2. Michelin AIM FZE

16.3. CEAT Limited

16.4. Bridgestone Middle East & Africa FZE

16.5. MRF Limited

16.6. Shandong Wanda BOTO Tyre Co. Ltd.

16.7. JK Tyre & Industries Ltd.

16.8. Hangzhou Zhongce Rubber Co. Ltd.

16.9. GITI Tire (China) Investment Company Ltd.

16.10. Prinx Chengshan (Shandong) Tire Company

17. Strategic Recommendations

Figures and Tables

List of Figures

Figure 1: Eritrea Tire Market Size, By Value (USD Million), By Volume (Thousand Unit), 2012-2022F

Figure 2: Prominent Drivers in Eritrea Tire Market, 2017E-2022F

Figure 3: Eritrea Tire Market Share, By Vehicle Type, By Volume, 2012-2022F

Figure 4: Eritrea Tire Market Share, By Company, By Volume, 2016-2022F

Figure 5: Eritrea Tire Market Share, By Ultra Budget, Budget & Premium Brands, By Volume, 2016-2022F

Figure 6: Eritrea Budget and Ultra Budget Brands Tire Market Share, By Company, By Volume, 2016

Figure 7: Eritrea Tire Market Share, By Region, By Volume, 2016 & 2022F

Figure 8: Eritrea Tire Market Share, By Region, By Volume, 2016-2022F

Figure 9: Eritrea Tire Market Share, By Radial Vs Bias, By Volume, 2016-2022F

Figure 10: Eritrea Tire Market Attractiveness Index, By Region, By Volume, 2016-2022F

Figure 11: Eritrea Tire Market Attractiveness Index, By Vehicle Type, By Volume, 2016-2022F

Figure 12: Eritrea Passenger Car Tire Market Size, By Value (USD Million), By Volume (Thousand Unit), 2012-2022F

Figure 13: Prominent Drivers in Eritrea Passenger Car Tire Market, 2017E-2022F

Figure 14: Eritrea Passenger Car Tire Market Share, By Vehicle Type, By Volume, 2012-2022F

Figure 15: Eritrea Passenger Car Tire Market Share, By Radial Vs Bias, By Volume, 2016-2022F

Figure 16: Eritrea Passenger Car Tire Market Share, By Company, By Volume, 2012-2022F

Figure 17: Eritrea Passenger Car Tire Market Share, By Ultra Budget, Budget & Premium Brands, By Volume, 2016-2022F

Figure 18: Eritrea Premium Passenger Car Tire Market Share, By Company, By Volume, 2016

Figure 19: Eritrea Budget and Ultra Budget Brands Passenger Car Tire Market Share, By Company, By Volume, 2016

Figure 20: Eritrea Light Commercial Vehicle Tire Market Size, By Value (USD Million), By Volume (Thousand Unit), 2012-2022F

Figure 21: Prominent Drivers in Eritrea Light Commercial Vehicle Tire Market, 2017E-2022F

Figure 22: Eritrea Light Commercial Vehicle Tire Market Share, By Vehicle Type, By Volume, 2012-2022F

Figure 23: Eritrea Light Commercial Vehicle Tire Market Share, By Radial Vs Bias, By Volume, 2016-2022F

Figure 24: Eritrea Light Commercial Vehicle Tire Market Share, By Company, By Volume, 2012-2022F

Figure 25: Eritrea Light Commercial Vehicle Tire Market Share, By Ultra Budget, Budget & Premium Brands, By Volume, 2016-2022F

Figure 26: Eritrea Premium Light Commercial Vehicle Tire Market Share, By Company, By Volume, 2016

Figure 27: Eritrea Budget and Ultra Budget Brands Light Commercial Vehicle Tire Market Share, By Company, By Volume, 2016

Figure 28: Eritrea Medium & Heavy Commercial Vehicle Tire Market Size, By Value (USD Million), By Volume (Thousand Unit), 2012-2022F

Figure 29: Prominent Drivers in Eritrea Medium & Heavy Commercial Vehicle Tire Market, 2017E-2022F

Figure 30: Eritrea Medium & Heavy Commercial Vehicle Tire Market Share, By Vehicle Type, By Volume, 2012-2022F

Figure 31: Eritrea Medium & Heavy Commercial Vehicle Tire Market Share, By Radial Vs Bias, By Volume, 2016-2022F

Figure 32: Eritrea Medium & Heavy Commercial Vehicle Tire Market Share, By Company, By Volume, 2012-2022F

Figure 33: Eritrea Medium & Heavy Commercial Vehicle Tire Market Share, By Ultra Budget, Budget & Premium Brands, By Volume, 2016-2022F

Figure 34: Eritrea Premium Medium & Heavy Commercial Vehicle Tire Market Share, By Company, By Volume, 2016

Figure 35: Eritrea Budget and Ultra Budget Brands Medium & Heavy Commercial Vehicle Tire Market Share, By Company, By Volume, 2016

Figure 36: Eritrea OTR Tire Market Size, By Value (USD Million), By Volume (Thousand Unit), 2012-2022F

Figure 37: Prominent Drivers in Eritrea OTR Tire Market, 2017E-2022F

Figure 38: Eritrea OTR Tire Market Share, By Vehicle Type, By Volume, 2012-2022F

Figure 39: Eritrea OTR Tire Market Share, By Radial Vs Bias, By Volume, 2016-2022F

Figure 40: Eritrea OTR Tire Market Share, By Company, By Volume, 2012-2022F

Figure 41: Eritrea OTR Tire Market Share, By Ultra Budget, Budget & Premium Brands, By Volume, 2016-2022F

Figure 42: Eritrea Budget and Ultra Budget Brands OTR Tire Market Share, By Company, By Volume, 2016

Figure 43: Eritrea Two- & Three-Wheeler Tire Market Size, By Value (USD Million), By Volume (Thousand Unit), 2012-2022F

Figure 44: Prominent Drivers in Eritrea Two- & Three-Wheeler Tire Market, 2017E-2022F

Figure 45: Eritrea Two- & Three-Wheeler Tire Market Share, By Vehicle Type, By Volume, 2012-2022F

Figure 46: Eritrea Two- & Three-Wheeler Tire Market Share, By Radial Vs Bias, By Volume, 2016-2022F

Figure 47: Eritrea Two- & Three-Wheeler Tire Market Share, By Company, By Volume, 2012-2022F

Figure 48: Eritrea Two- & Three-Wheeler Tire Market Share, By Ultra Budget, Budget & Premium Brands, By Volume, 2016-2022F

Figure 49: Eritrea Budget and Ultra Budget Brands Two- & Three-Wheeler Tire Market Share, By Company, By Volume, 2016

Figure 50: Eritrea Tire Imports, By Volume, 2012-2015 (Thousand Units)

Figure 51: Eritrea Tire Market Supply Chain Model

List of Tables

Table 1: Eritrea Tire Market Size, By Vehicle Type, By Volume, 2012-2016 & 2022F (Thousand Unit)

Table 2: Eritrea Passenger Car Tire Market Size, By Vehicle Type, By Volume, 2012-2016 & 2022F (Thousand Unit)

Table 3: Eritrea Light Commercial Vehicle Tire Market Size, By Vehicle Type, By Volume, 2012-2016 & 2022F (Thousand Unit)

Table 4: Eritrea Medium & Heavy Commercial Vehicle Tire Market Size, By Vehicle Type, By Volume, 2012-2016 & 2022F (Thousand Unit)

Table 5: Eritrea OTR Tire Market Size, By Vehicle Type, By Volume, 2012-2016 & 2022F (Thousand Unit)

Table 6: Eritrea Two- & Three-Wheeler Tire Market Size, By Vehicle Type, By Volume, 2012-2016 & 2022F (Thousand Unit)

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Press Release

Eritrea Tire Market to Cross US$ 11 Million by 2022

Feb, 2017

Continuously expanding automobile fleet and growing sales of automobiles in the country to drive Eritrea tire market through 2022

Eritrea Tire Market Forecast & Opportunities, 2022

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