The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Middle East 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.
Middle East Two-Wheeler Tire Industry Analytical Overview (2024-2030): Drivers, Opportunities, Challenges, and Trends,
According to the latest report, Middle East Two-Wheeler Tire Market size is estimated to grow at a CAGR of around 4.12% 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 Middle East Two-Wheeler Tire Market Segmentation?
The report has segmented the market into the following categories:
By Vehicle Type
– Scooter & Moped – Market Size & Forecast 2019-2030F, Thousand Units
– Motorcycle – Market Size & Forecast 2019-2030F, Thousand Units
By Propulsion
– ICE–Market Size & Forecast 2019–2030F, Thousand Units
– Electric–Market Size & Forecast 2019–2030F, Thousand Units
By Demand Type
– OEM-Market Size & Forecast 2019-2030F, Thousand Units
– Replacement – Market Size & Forecast 2019-2030F, Thousand Units
Among them, replacement holds a dominant share in the Middle Eastern Two-Wheeler Tire Market. The Middle Eastern nations have higher labor costs & unskilled labor owing to which, the nations in the region have limited two-wheeler manufacturing units.
By Sales Channel
– Direct Sales-Market Size & Forecast 2019-2030F, Thousand Units
– Exclusive Outlets-Market Size & Forecast 2019-2030F, Thousand Units
– Multi Brand Stores-Market Size & Forecast 2019-2030F, Thousand Units
– Online- Market Size & Forecast 2019-2030F, Thousand Units
By Tire Type
– Radial- Market Size & Forecast 2019-2030F, Thousand Units
– Bias- Market Size & Forecast 2019-2030F, Thousand Units
By Tire Size
– Tire Size 1-Market Size & Forecast 2019-2030F, Thousand Units
– Tire Size 2-Market Size & Forecast 2019-2030F, Thousand Units
– Tire Size 3-Market Size & Forecast 2019-2030F, Thousand Units
– Tire Size 4-Market Size & Forecast 2019-2030F, Thousand Units
– Tire Size 5-Market Size & Forecast 2019-2030F, Thousand Units
By Price Category
– Budget-Market Size & Forecast 2019-2030F, Thousand Units
– Economy-Market Size & Forecast 2019-2030F, Thousand Units
– Premium-Market Size & Forecast 2019-2030F, Thousand Units
By Country
– The UAE
– Saudi Arabia
– Qatar
– Kuwait
– Oman
– Bahrain
– Turkey
– Rest of the Middle East
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Key Factor Driver Middle East Two-Wheeler Tire Industry Growth by 2030
Rising Inbound Tourism Driving the Demand for Two-Wheeler Taxis – Middle Eastern Countries are emerging as favorite tourist destinations owing to the rising live events and presence of cultural heritage sites. These countries witness the arrival of inbound foreign travelers from different countries across the Globe. According to the Statistics provided by the United Nations World Tourism Organization, Dubai registered the arrival of more than 17 million foreign travelers in 2023. These tourists rely heavily on the rental of two-wheeler taxis to explore the country at their own pace. Therefore, these foreign travelers use rental scooters & motorcycles during their visit. This surging usage of the two-wheelers by tourists amplifies tire deterioration. As a result, the vehicles undergo frequent tire replacement, uplifting Middle East Two-Wheeler Tire Market. Moreover, the tourism sector in the Middle Eastern nations is resulting in uplifting the country’s economy. Owing to this, governing authorities of these nations are laying tourist programs that target to welcome more tourists in their country. The arrival of more travelers in these nations would further increase the demand for the two-wheeler, amplifying the Middle East Two-Wheeler Tire market.
Who are the Key Players Operating in the Middle East Two-Wheeler Tire Industry?
The top companies of the Middle East Two-Wheeler Tire market ruling the industry are:
- Bridgestone Corporation
- Michelin
- Continental AG
- Pirelli Tyre S.p.A
- Goodyear Tire & Rubber Company
- Others.
- Maxxis International
- Sumitomo Rubber Industries Ltd.
- Dunlop
- Kenda Tires
- Mitas
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FAQs (Frequently Ask Questions)
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