Report Description

Despite political volatility, demand for tires in Libya is projected to grow at a steady pace during the next five years on account ofrising domestic demand, expanding fleet, and favourable fiscal and regulatory policies. Rising per capita income of consumers, increasing vehicle sales and expanding automobile fleet is forecast to boost tire market in the country during the coming years. As of 2015, vehicle motorization rate in Libya stood at 350 vehicles (for passenger cars and commercial vehicles) per 1,000 people. Anticipated increase in vehicle sales and automobile fleet size in the country is forecast to drive demand for tires during 2015-2020. 

According to “Libya Tyre Market Forecast & Opportunities, 2020’’, due to absence of vehicle manufacturing facilities in the country, tire demand is driven by replacement segment. The tire market in Libya is mainly dominated by passenger car segment, followed by light commercial vehicle, which cumulatively accounted for a market share of more than 80% in 2014. Tajoura Tire is the only tire manufacturer in the country. Other global tire players operating in the country include Michelin, Pirelli, Goodyear, Bridgestone, Continental, etc. “Libya Tyre Market Forecast & Opportunities, 2020” report elaborates following aspects of tire market in Libya:
  • LibyaTire Market Size, Share & Forecast
  • Segmental Analysis – Passenger Car Tires, Light Commercial Vehicle Tires, Medium & Heavy Commercial Tires, Two Wheeler Tires & 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 Libya
  • 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. 

Table of content

1.     Research Methodology

2.     Analyst View

3.     Product Overview

4.     LibyaTyre manufacture Production Capacity

5.     LibyaTyre 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 Cars, MHCV, LCV, OTR&Two-Wheeler)

5.2.2. By Company

5.2.3. By Region

6.     LibyaPassenger 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

7.     Libya Medium & Heavy Commercial (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

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

8.1.   Market Size & Forecast

8.1.1. By Value & Volume

8.2.   Market Share & Forecast

8.2.1. By Vehicle Type

9.     Libya Off-the Road (OTR) Tyre Market Outlook

9.1.   Market Size & Forecast

9.1.1. By Value & Volume

10.  LibyaTwo-Wheeler (2W) Tyre Market Outlook

10.1. Market Size & Forecast

10.1.1.   By Value & Volume

11.  Market Dynamics

11.1.  Drivers

11.2.  Challenges

12.  Market Trends & Developments

13.  Policy & Regulatory Landscape

14.  LibyaEconomic Profile

15.  Competitive Landscape

15.1.  Bridgestone Tyre

15.2.  Goodyear Tyre

15.3.  Michelin Tyre

15.4.  Yokohama Tyre

15.5.  Continental Tyre

15.6.  Hankook Tyre

15.7.  Pirelli Tyre

15.8.  Kumho Tyre

15.9.  Tajoura Tyre

   15.10.    Sumitomo Tyre

16.  Strategic Recommendations

 


Figures and Tables

List of Figures

 

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

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

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

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

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

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

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

Figure 9: Libya Medium & Heavy Commercial Vehicle Tyre Market Share, By Vehicle Type, By Volume, 2010-2020F

Figure 8: Libya Light Commercial Vehicle Tyre Market, By Value (USD Million), By Volume (Million Units), 2010-2020F

Figure 9: Libya Light Commercial Vehicle Tyre Market Share, By Vehicle Type, By Volume, 2010-2020F

Figure 10: Libya OTR Tyre Market Size, By Value (USD Million), By Volume (Million Units), 2010-2020F

Figure 11:Libya Two Wheeler Tyre Market Size, By Value (USD Million), By Volume (Million Units), 2010-2020F

 

List of Tables

 

Table 1: Libya Passenger Car Sales, By Volume, 2010–2014 (Units)

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

Table 3: Libya Commercial Vehicle Sales, By Volume, 2010–2014 (Units)

Table 4: Libya Commercial Vehicle Fleet Size, By Volume, 2010–2014 (Units)

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Srishti Verma

Business Consultant
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