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Ethiopia Two Wheeler Tire Market Insights 2022-2027
The Ethiopia Two-Wheeler Tire Market is
projected to register a considerable CAGR during 2022-27. Since Ethiopia is a
country that has always been under the influence of geopolitical tensions &
absence of favorable policies for industrial developments, the overall economy
was previously not in a good state.
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Top Players in the Ethiopia Two Wheeler Tire Market:
·
MRF
·
Bridgestone
·
Maxxis
·
CEAT
·
Sumitomo
·
Apollo
·
Michelin
·
Continental
·
Pirelli
·
Goodyear etc.
Segmentation Analysis of Ethiopia Two Wheeler Tire Market
Ethiopia
Two Wheeler Tire Market exactly assesses and highlights significant trends and
influencing factors within each segment. The comprehensive analysis extends its
predictions for the period spanning 2022 to 2027, focusing on the national
landscape. The market is exactly categorized based on this analysis, providing
valuable insights into its various facets.
·
By
Vehicle Type
o
Scooter & Moped
§
·
Upto 100cc
·
101 cc to 125 cc
·
126 cc to 150 cc
·
Above 150 cc
o
Motorbike
§
Upto 100cc
§
101cc to 125cc
§
126 cc to 150 cc
§
Above 150 cc
Based on Vehicle
Type: Amongst all vehicle types, Motorbikes acquired the largest share of
the Ethiopia Two-Wheeler Tire Market in previous years, and the same trend is
likely during 2022-27. It attributes principally to the poor road
infrastructure of the country that causes heavy traffic congestion, thereby
augmenting the sales of Motorbikes across Ethiopia.
Besides, due to the utilitarian nature of motorbikes, their
demand is rapidly surging and, in turn, positively influencing the tire market
for two-wheelers. Furthermore, a gradually increasing influx of tourists is
also instigating the adoption of rental motorbikes for local traveling and
propelling the need for timely replacement & maintenance of tires. As a
result, with a growing fleet of motorbikes across Ethiopia, the demand for two-wheeler
tires is swiftly escalating and accelerating the overall market growth.
·
By
Installation
o
OEM
§
By Rim Size
·
10” to 16”
·
Above 16”
o
Replacement
§
By Rim Size
·
10” to 16”
·
Above 16”
·
Above 15”
·
By Tire
Type
o
Radial
o
Bias
·
By Price
Category
o
Budget
o
Economy
o
Premium
·
By Sales
Channel
o
Online
o
Multi Brand Stores
o
Exclusive Outlets
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