Ethiopia Two Wheeler Tire Market Overview: 2022-28

Base Year: 2021

Historical Years: 2017-20

Forecast Years: 2022-27

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. 

Markntel Advisor’s Ethiopia Two Wheeler Tire Market Insights report provides the current and forecast market analysis, individual leading companies' market shares, challenges, Ethiopia Two Wheeler Tire Market drivers, barriers, Ethiopia Two Wheeler Tire Market Trends, and Key Players in Ethiopia Two Wheeler Tire Market.

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Ethiopia Two Wheeler Tire Market Dynamics: 2022-27

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.

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Ethiopia Two Wheeler Tire Market (2022-27): Segmentation Outlook

The market report has segmented the market into the following categories:

·       By Vehicle Type

o   Scooter & Moped

§   

·       Upto 100cc

·       101 cc to 125 cc

·       126 cc to 150 cc

·       Above 150 cc

o   Motorbike

§  Upto 100cc

§  101cc to 125cc

§  126 cc to 150 cc

§  Above 150 cc

According to report, Here, the Replacement demand is anticipated to dominate the market with the largest share over the forecast years, principally due to the increasing frequency of tire replacements owing to poor road conditions in the country.

·       By Installation

o   OEM

§  By Rim Size

·       10” to 16”

·       Above 16”

o   Replacement

§  By Rim Size

·       10” to 16”

·       Above 16”

·       Above 15”

·       By Tire Type

o   Radial

o   Bias

·       By Price Category

o   Budget

o   Economy

o   Premium

·       By Sales Channel

o   Online

o   Multi Brand Stores

o   Exclusive Outlets

According to report, 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.

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Top Companies Operating in the Ethiopia Two Wheeler Tire Market:

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

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