South Africa Two-Wheeler Tire Market Report: 2024-2030
According to MarkNtel Advisors recent report “South Africa Two-Wheeler Tire Market”. The report takes a numbers-based approach, breaking down precise data in a straightforward way. It consists of information on all the periods – past, present, and future. The report covers important topics like customer behavior, industry size, share, ongoing trends, market segments, and leading companies, and other valuable aspects related to the industry.
Key Highlights of the Report
- Market Performance (2019-2030)
- Market Outlook (2024-2030)
- Market Drivers and Challenges
- Competitive Benchmarking
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South Africa Two-Wheeler Tire Market Overview
The 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 market growth is driven by increased adoption by the middle class & businesses, demand from e-commerce, etc. South Africa witnessed a growing shift of consumers towards personal mobility at a competitive cost, especially from the middle-income group. This fueled the market size & volume of two-wheeler tires in the country, as they offer greater flexibility in comparison to public transport, which has led to a surge in their sales across the country.
South Africa Two-Wheeler Tire Industry Trends
Increasing Popularity of Electric Two-Wheelers
- African countries, including South Africa, are facing numerous challenges like pollution, limited access to fuel, and hikes in fuel prices. Therefore, electric motorcycles are emerging as a feasible solution to address these challenges, and several companies such as Spiro and One Electric Motorcycles Company are setting up in the country, which is driving the growth of tires for original equipment manufacturers (OEMs) in the country.
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South Africa 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 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
Geographical Insights:
- East
- Central
- North
- South
- West
Competitive Landscape
The competitive landscape of the market has been studied in the report with detailed profiles of key players operating in the South Africa Two-Wheeler Tire market.
Key Players
- > 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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