The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), South Africa 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.
South Africa Two-Wheeler Tire Industry Analytical Overview (2024-2030): Drivers, Opportunities, Challenges, and Trends,
According to the latest report, South Africa Two-Wheeler Tire Market size is estimated to grow at a CAGR of around 6.89% 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 South Africa 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
Motorcycles gained a considerable share of the market due to their better mileage and have been considered suitable for long-distance commutes.
By Demand Type
- OEMs- Market Size & Forecast 2019-2030, Thousand Units
- Replacement- Market Size & Forecast 2019-2030, Thousand Units
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 Per Unit)- Market Size & Forecast 2019-2030, Thousand Units
- Economy (USD12 to 30 Per unit)- Market Size & Forecast 2019-2030, Thousand Units
- Premium (Above USD30 Per Unit)-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 R 19- Market Size & Forecast 2019-2030, Thousand Units
- 170/60/17- Market Size & Forecast 2019-2030, Thousand Units
- 90/90-12- Market Size & Forecast 2019-2030, Thousand Units
- 120/70-12- Market Size & Forecast 2019-2030, Thousand Units
- Others (90/80-17, 90/90-21, etc.)- Market Size & Forecast 2019-2030, Thousand Units
By Region
- East
- Central
- North
- South
- West
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Key Factor Driver South Africa Two-Wheeler Tire Industry Growth by 2030
Growing Penetration of Two-Wheelers in Shared Mobility Services – South Africa has been hosting several tourists & visitors, and they have been largely using two-wheeler shared mobility services for local travel, thereby generating the demand for shared mobility services. Also, the country has been focusing on increasing the number of tourist arrivals across the country. This has enhanced the inclination of shared mobility companies to expand their services across the country to cater to these customers. According to the South African Statistics Agency (Stats SA), the number of tourist arrivals in South Africa reached about 8.48 million visitors in 2023, marking a significant surge of 48.9% compared to 2022. Hence, observing this enhanced demand for two-wheelers among tourists, ride-hailing companies, such as Taxify, Uber, Togo Bolt, etc., have expanded across the region over the past few years. For instance,
Who are the Key Players Operating in the South Africa Two-Wheeler Tire Industry?
The top companies of the South Africa Two-Wheeler Tire market ruling the industry are:
- Bridgestone Corporation
- Goodyear Tire and Rubber Company
- Michelin
- Continental AG
- Maxxis Tyres
- Yokohama TWS (Mitas)
- Pirelli Tyre S.p.A
- Sumitomo Rubber Industries
- MRF
- CEAT
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FAQs (Frequently Ask Questions)
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