21/06/2024
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South Africa Two-Wheeler Tire Market Research Report 2024-2030: Industry Expected to Grow Approx. 6.89% CAGR

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In-Depth Analysis of the South Africa Two-Wheeler Tire Market: 2024-2030 Forecasts

MarkNtel Advisors has recently released an in-depth study on the South Africa 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 South Africa Two-Wheeler Tire Industry?

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.

Request Free Sample of the Report – https://www.marknteladvisors.com/query/request-sample/south-africa-two-wheeler-tire-market.html

Who are the top players in the South Africa Two-Wheeler Tire Market?

  • 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
  • other

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

View Full Report [Including Description + TOC] – https://www.marknteladvisors.com/research-library/south-africa-two-wheeler-tire-market.html

Regional/ Countries Insight:

  • East
  • Central
  • North
  • South
  • West

What are the primary market drivers influencing the growth of South Africa Two-Wheeler Tire Market?

South Africa Two-Wheeler Tire Market Driver:

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,

  • In 2021, China’s ride-hailing company, DiDi Chuxing, launched in South Africa, the company’s first entry into Africa.

Consequently, this would upscale the usage of two-wheelers across the country, which would eventually enhance the demand for two-wheeler tires for replacement purposes in the forthcoming years as well.

Sent Customized Report Inquiry – https://www.marknteladvisors.com/query/request-customization/south-africa-two-wheeler-tire-market.html

Gain a Competitive Edge with Market Research Report

  1. The South Africa 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.
  2. Businesses can utilize the report to identify emerging opportunities and potential challenges in the market by highlighting current trends and providing future projections.
  3. 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.
  4. Apart from market trends and projections, the South Africa Two-Wheeler Tire Market Report assists in assessing and mitigating risks associated with entering or operating in the market
  5. 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.

About Us

MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

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