In-Depth Analysis of the Egypt Two-wheeler Tire Market: 2024-2030 Forecasts
MarkNtel Advisors has recently released an in-depth study on the Egypt Two-wheeler Tire Market, covering historical data, current market trends, marketing strategies, technological advancements, upcoming technologies, emerging opportunities, and technical advancements in the relevant industry.
How big is the Keyword Industry?
The Egypt Two-wheeler Tire Market is estimated to grow at a CAGR of around 8.37% during the forecast period, i.e., 2024-30.
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Who are the top players in the Egypt Two-wheeler Tire Market?
- 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
- Others
Egypt Two-wheeler Tire Market Segmentation:
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
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
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Regional/ Countries Insight:
- Cairo
- Dakahlia
- Gaza
- Alexandria
- Others
What are the primary market drivers influencing the growth of Egypt Two-wheeler Tire Market?
Egypt Two-wheeler Tire Market Driver:
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.
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Gain a Competitive Edge with Market Research Report
- The Egypt Two-wheeler Tire Market Report by MarkNtel Advisors offers a detailed analysis of the market size, growth rate, competitive landscape, and key players, allowing businesses to gain a comprehensive understanding of market dynamics.
- Businesses can utilize the report to identify emerging opportunities and potential challenges in the market by highlighting current trends and providing future projections.
- The insights provided in the report enable companies to align their strategies based on market forecasts, ensuring they can stay ahead of the competition and make informed decisions.
- Apart from market trends and projections, the Egypt Two-wheeler Tire Market Report assists in assessing and mitigating risks associated with entering or operating in the market
- By understanding market dynamics, regulatory frameworks, and potential challenges, businesses can develop strategic approaches to minimize risks and optimize their operations, enhancing their competitive edge in the market.
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