Insights into Ethiopia Two Wheeler Tire Market (2022-2027): Size, Trends, Demand Growth, and Future Industry Prospects

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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
    • Scooter & Moped
      •  
        • Upto 100cc
        • 101 cc to 125 cc
        • 126 cc to 150 cc
        • Above 150 cc
    • 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
    • OEM
      • By Rim Size
        • 10” to 16”
        • Above 16”
    • Replacement
      • By Rim Size
        • 10” to 16”
        • Above 16”
        • Above 15”
  • By Tire Type
    • Radial
    • Bias
  • By Price Category
    • Budget
    • Economy
    • Premium
  • By Sales Channel
    • Online
    • Multi Brand Stores
    • Exclusive Outlets

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Ethiopia Two Wheeler Tire Market Set for CAGR Surge in 2022-27 Outlook

Market Overview: Ethiopia Two-Wheeler Tire Market

According to MarkNtel Advisors, the Ethiopia Two Wheeler Tire Market by Vehicle Type (Scooter & Mopeds (By Engine Power (Upto 100cc, 101 cc to 125 cc, 126 cc to 150, cc Above 150 cc), Motorbike (Upto 100cc, 101 cc to 125 cc, 126 cc to 150, cc Above 150 cc), By Installation (OEMs (By Rim Size (10” to 16”, Above 16”), Replacement (By Rim Size (10” to 16”, Above 16”), By Tire Type (Radial, Bias), By Price Category (Budget, Economy, Premium), By Sales Channel (Online, Multibrand Store, Exclusive Store) (2022-27). The comprehensive market analysis contains various aspects, including market size, geographical market share, historical market trends, and future forecasts from 2022-27. The study outlines the prevailing drivers, restraints, unmet needs, and emerging trends within the market.

Ethiopia Two Wheeler Tire Market Insights: 2022-27

The Ethiopia Two-Wheeler Tire Market is projected to register a considerable CAGR during 2022-27.

In case you missed it, we are currently revising our reports. Click on the “request sample report button to get the latest research data with forecast for the years 2024 to 2027, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.

Industry Driver:

Raising Consumer Awareness about Timely Repairs & Replacement of Tires – With a rise in the number of two-wheeler ownerships, customers are becoming increasingly aware of the importance of providing timely repairs & replacement of tires to ensure the utmost safety & long life of their vehicles. It is the most prominent aspect instigating the leading players to increase tire imports & enhance their distribution capacities, i.e., projected to drive the Ethiopia Two-Wheeler Tire Market during 2022-27.

Ethiopia Two Wheeler Tire Market Segmentation:

The study conducts an in-depth analysis of existing designs and other fundamental features, estimating market size with a focus on value share, price, and production. The report also provides insights into application overviews based on consumption patterns. Leveraging Porter’s five forces analysis, the report offers predictive insights into how the industry is poised to evolve. The prominent segments in the market are,

-By Vehicle Type

  • Scooter & Moped
  • Motorbike

-By Installation

  • OEM
  • Replacement

-By Tire Type

  • Radial
  • Bias

-By Price Category

  • Budget
  • Economy
  • Premium

-By Sales Channel

  • Online
  • Multi Brand Stores
  • Exclusive Outlets

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Ethiopia Two Wheeler Tire Market Landscape for Competitors

A thorough examination of competitors is conducted, delving into market share, noteworthy developments, and crucial business strategies. Also, the research examines current breakthroughs, significant advancements, and pertinent details about start-ups in the industry. The report provides a rich repository of information on market entry strategies, the regulatory landscape, and reimbursement scenarios. The key players in the Ethiopia Two Wheeler Tire Market are

  • MRF
  • Bridgestone
  • Maxxis
  • CEAT
  • Sumitomo
  • Apollo
  • Michelin
  • Continental
  • Pirelli
  • Goodyear etc.

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Frequently Asked Questions Ethiopia Two Wheeler Tire Market

  1. What is the expected market share, CAGR, and Market valuation in USD for the forecast period, 2022-27?
  2. How do supply and consumption factors contribute to the Ethiopia Two Wheeler Tire Market landscape?
  3. How do import and export considerations impact the Ethiopia Two Wheeler Tire Industry?
  4. What obstacles do businesses encounter in the Ethiopia Two Wheeler Tire Market, and how can they leverage opportunities within it?
  5. What regulatory factors play a role in shaping the Ethiopia Two Wheeler Tire Market?
  6. In what ways has technology impacted the overall landscape of the Ethiopia Two Wheeler Tire Market?

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