The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Egypt Two-wheeler Tire Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape. The research company provides an extensive range of strategic reports on diverse industry verticals to substantial and varied client bases, including multinational corporations, financial institutions, governments, and individuals, among others.
Egypt Two-wheeler Tire Industry Analytical Overview (2024-2030): Drivers, Opportunities, Challenges, and Trends,
According to the latest report, Egypt Two-wheeler Tire Market is estimated to grow at a CAGR of around 8.37% during the forecast period, i.e., 2024-30. The report significantly addressed considerable changes, gap analyses, and competitive studies using qualitative and quantitative data. These include the widespread segmentation, geography, and recent developments, entailing information on the fluctuation in the demand, sales, revenue, and other parameters experienced and expected in the industry for the forecasting year i.e. 2024 to 2030.
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What is Included in Egypt Two-wheeler Tire Market Segmentation?
The report has segmented the market into the following categories:
By Vehicle Type
- Scooter and Moped- Market Size & Forecast 2019-2030, Thousand Units
- Motorcycle- Market Size & Forecast 2019-2030, Thousand Units
By Demand Type
- OEMs- Market Size & Forecast 2019-2030, Thousand Units
- Replacement- Market Size & Forecast 2019-2030, Thousand Units
Replacement is gaining the majority share of the Egypt Two-wheeler Tire Market due to its road condition, climatic factors, and surging tourism sector.
By Tire Type
- Radial- Market Size & Forecast 2019-2030, Thousand Units
- Bias- Market Size & Forecast 2019-2030, Thousand Units
By Price Category
- Budget (Up to USD11)- Market Size & Forecast 2019-2030, Thousand Units
- Economy (USD12 to 30)- Market Size & Forecast 2019-2030, Thousand Units
- Premium (Above USD30)-Market Size & Forecast 2019-2030, Thousand Units
By Sales Channel
- Online- Market Size & Forecast 2019-2030, Thousand Units
- Multi Brand Stores - Market Size & Forecast 2019-2030, Thousand Units
- Exclusive Outlets - Market Size & Forecast 2019-2030, Thousand Units
- Direct Sales- Market Size & Forecast 2019-2030, Thousand Units
By Tire Size
- 120/70-14- Market Size & Forecast 2019-2030, Thousand Units
- 80/100-17- Market Size & Forecast 2019-2030, Thousand Units
- 100/90-17 - Market Size & Forecast 2019-2030, Thousand Units
- 2.90/90-12- Market Size & Forecast 2019-2030, Thousand Units
- 3.00 -18- Market Size & Forecast 2019-2030, Thousand Units
- Others (110/80-17, 90/90-18, 100/80-17,110/70-17,150/60-17, 120/80 - 17 etc.) - Market Size & Forecast 2019-2030, Thousand Units
By Region
- Cairo
- Dakahlia
- Gaza
- Alexandria
- Others
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Key Factor Driver Egypt Two-wheeler Tire Industry Growth by 2030
Expanding Ride-hailing Services to Boost the Market Growth – The surge in traffic congestion, coupled with the growing internet penetration and smartphone usage, is driving the adoption of ride-hailing services across Egypt. Urban centers like Cairo, Alexandria, and Giza are particularly affected by increasing congestion due to urbanization. In response, residents are turning to two-wheelers as a practical solution for navigating crowded streets.
In response to the challenges posed by heightened traffic congestion, residents in these cities are increasingly adopting two-wheelers as a practical and efficient means of navigating through congested urban environments. The demand for two-wheeler ride-hailing services has consequently witnessed a notable increase. Thus, cities like Alexandria, Cairo, Giza, etc., are emerging as hotbeds for ride-hailing app usage. The high usage of bike taxis in the region is resulting in wear & tear of the tire, enhancing the requirement for replacement at frequent time intervals, thereby propelling the Egypt Two-wheeler Tire Market Size.
Who are the Key Players Operating in the Egypt Two-wheeler Tire Industry?
The top companies of the Egypt Two-wheeler Tire market ruling the industry are:
- Bridgestone Corporation
- Goodyear Tire and Rubber Company(Dunlop)
- Michelin
- Continental AG
- Yokohama TWS
- Pirelli Tyre S.p.A
- Metzeler
- Shinko Tyres
- Pyramid Tire Co.
- CEAT
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