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Report Description

  • All Reports
  • Home
  • Automotive
  • | October, 2015

Ethiopia Tyre Market Forecast and Opportunities, 2020

  • Description
  • Table of Content
  • Figures and Tables
  • Related Reports
  • View Sample Report
Rising domestic demand and expanding fleet size are expected to boost tire demand in Ethiopia over the next five years. As of 2013, Ethiopia’s vehicle motorization rate (for Passenger cars and Commercial vehicles) stood at 2 vehicles per 1,000 people. As a result of this low vehicle ownership, Ethiopia is expected to continue witnessing growth in the sales of vehicles as well as automobile fleet size, thereby driving tire demand during the forecast period. Due to unstable political environment, automobile as well as tire companies have been facing challenges in conducting their operations in the country over the last few years. However, with the country gradually regaining political stability, coupled with better fiscal and regulatory policies, Ethiopia is expected to evolve into a more open and stable economy over the course of next 5-10 years, which would eventually have a positive impact on the country’s automotive industry in the coming years. 

According to TechSci Research report, “Ethiopia Tyre Market Forecast & Opportunities, 2020’’, there are no automobile manufacturers in the country, and hence, the tire market in Ethiopia is completely driven by the replacement tire segment. The tire market of the country is dominated by passenger car tire segment, followed by medium and heavy commercial vehicle tire segment, which cumulatively captured a market share of more than 75% in 2014. Few of the major tire companies operating in Ethiopia include Horizon Tire, which is the only tire manufacturing company in the country; Bridgestone, Pirelli, Michelin, Yokohama, Goodyear, and Hankook. “Ethiopia Tyre Market Forecast & Opportunities, 2020” report elaborates following aspects of tire market in Ethiopia:
  • Ethiopia Tire Market Size, Share & Forecast
  • Segmental Analysis – Passenger Car Tires, Medium & Heavy Commercial Tires, Light Commercial Vehicle Tires, 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 Ethiopia
  • 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 and industry experts. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.

In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]

1.     Research Methodology

2.     Analyst View

3.     Product Overview

4.     Ethiopia Tyre Production Capacity

5.     Ethiopia 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 (Passenger Car, Medium and Heavy Commercial Vehicles, Light Commercial Vehicles, Off-the-road vehicles, Two-wheelers)

5.2.2. By Company

5.2.3. By Region

6.     Ethiopia Passenger Car (PC) Tyre Market Outlook

6.1.   Market Size & Forecast

6.1.1. By Value & Volume

6.2.   Market Share & Forecast

6.2.1. By Vehicle Type (SUV, Sedan and Hatchback)

7.     Ethiopia Medium & Heavy Commercial Vehicle (M&HCV) Tyre Market Outlook

7.1.   Market Size & Forecast

7.1.1. By Value & Volume

7.2.   Market Share & Forecast

7.2.1. By Vehicle Type (Trucks and Buses)

8.     Ethiopia Light Commercial Vehicle (LCV) Tyre Market Outlook

8.1.   Market Size & Forecast

8.1.1. By Value & Volume

8.2.   Market Size & Forecast

8.2.1. By Vehicle Type (Pick-Up Trucks and Vans & Mini-buses)

9.     Ethiopia Off-The-Road (OTR) Tyre Market Outlook

9.1.   Market Size & Forecast

9.1.1. By Value & Volume

10.  Ethiopia Two-Wheeler (2W) Tyre Market Outlook

10.1.  Market Size & Forecast

10.1.1.   By Value & Volume

11.  Import Analysis

12.  Market Dynamics

12.1.  Market Drivers

12.2.  Market Challenges

13.  Market Trends & Developments

13.1.  Diversifying Agriculture Sector

13.2.  Increasing Demand for Motorbikes

13.3.  Growing Focus on Public Transportation

13.4.  Growing Demand for Radial Tyres

13.5.  Increasing Chinese Tyre Penetration

14.  Policy & Regulatory Landscape

15.  Ethiopia Economic Profile

16.  Competitive Landscape

16.1.  Bridgestone Corp.

16.2.  Pirelli & C. SpA

16.3.  Horizon Addis Tyre Company

16.4.  Goodyear Tyre & Rubber Company

16.5.  The Yokohama Rubber Co., Ltd.

16.6.  Trelleborg Tires Holding Singapore Pte. Ltd.

16.7.  Balkrishna Industries Ltd.

16.8.  Genco Industrial Group Co. Ltd

16.9.  Compagnie Generale des Etablissements Michelin SCA

16.10.  Hankook Tyre Co. Ltd.

17.  Strategic Recommendations


In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]
  • List of Figures

     

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

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

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

    Figure 4: Ethiopia Tyre Market Share, By Region, By Volume, 2014 & 2020F

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

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

    Figure 7: Ethiopia Medium & Heavy Commercial Vehicle Tyre Market Size, By Value (USD Million), By Volume (Million Units), 2010-2020F

    Figure 8: Ethiopia Medium & Heavy Commercial Vehicle Tyre Market Share, By Vehicle Type, By Volume, 2010-2020F

    Figure 9: Ethiopia Light Commercial Vehicle Tyre Market Size, By Value (USD Million), By Volume (Million Units), 2010-2020F

    Figure 10: Ethiopia Light Commercial Vehicle Tyre Market Share, By Vehicle Type, By Volume, 2010-2020F

    Figure 11: Ethiopia Off-The-Road Vehicle Tyre Market Size, By Value (USD Million), By Volume

    (Million Units), 2010-2020F

    Figure 12: Ethiopia Two-Wheeler Tyre Market Size, By Value (USD Million), By Volume (Million Units), 2010-2020F

    Figure 13: Ethiopia’s Industry Sector, Value Added (% of GDP), 2010-2014

     

    List of Tables

     

    Table 1: Ethiopia Tyre Production Capacity, By Company, By Plant Location, By Establishment Date, By Volume, 2014

    Table 2: Ethiopia Passenger Car Fleet, By Volume, 2010–2014 (Units)

    Table 3: Currency Exchange Rate, USD to ETB, 2010–2014

    Table 4: Ethiopia Gross National Income Per Capita, 2010–2014 (USD)

    Table 5: Ethiopia Commercial Vehicle Fleet Size, By Volume, 2010-2014 (Units)

    Table 6: Ethiopia Tyre Imports, By Value, 2010-2014 (USD Million)

    Table 7: Ethiopia Tyre Imports, By Volume, 2010-2014 (Million Units)

    Table 8: Ethiopia Automobile Fleet, By Vehicle Type, By Volume, 2010-2014 (Units)

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Press Release

Ethiopia Tyre Market Continues to be Dominated by Passenger Car Segment

Dec, 2015

Rising domestic demand for automobiles, stable policy environment and expanding automobile fleet to drive Ethiopia tyre market


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