Egypt Two-wheeler Tire Market Forecasts Sustained 8.37% CAGR Growth in Coming Years

Egypt Two-wheeler Tire Market Report: 2024-2030

According to MarkNtel Advisors recent report “Egypt 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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Egypt Two-wheeler Tire Market Overview

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. The market growth is driven by the high usage of two-wheelers for commercial purposes, rapid urbanization, the growing transition towards e-mobility, etc. In Egypt, there has been a growing usage of two-wheelers for business purposes, including last-mile delivery services. Moreover, the rising internet penetration rate in the country is leading to the growth of the e-commerce sector in Egypt. Some prominent e-commerce players actively using two-wheelers for business operations in Egypt are Rabbit Express, Freshsquare, etc.

Egypt Two-wheeler Tire Industry Opportunity

Growth of the Middle Class Population & Economic Expansion Present an Opportunity for the Market

• Egypt has witnessed a remarkable threefold increase in its middle-class population, elevating one in every three individuals above the poverty line. This demographic shift is reshaping consumer patterns & providing lucrative opportunities for the Two-wheeler Tire Market across the region. Besides, with a burgeoning middle class, there is a notable increase in disposable income. This rise in purchasing power authorizes more individuals to consider personal modes of transportation, such as motorbikes & mopeds, contributing to a heightened demand for two-wheeler tires.

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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

Geographical Insights:

• Cairo
• Dakahlia
• Gaza
• Alexandria
• Others

Competitive Landscape

The competitive landscape of the market has been studied in the report with detailed profiles of key players operating in the Egypt Two-wheeler Tire market.

Key Players

•  > 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

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Why This Report:

1. Strategic Insights: These reports aid strategic decision-making for multinational corporations, financial institutions, and governments by providing crucial market insights.
2. Perspective: With a presence in 80+ countries, the reports offer a comprehensive view of the market landscape, facilitating informed decision-making on both regional and international scales.
3. Expertise in Niche Industries: The specialized team’s expertise in niche industries and emerging geographies allows for detailed and accurate market analysis, vital for informed decision-making.
4. Integrated Strategic Parameters: Covering strategic parameters such as Go-to-Market strategies, product development, and trend analysis empowers clients to develop tailored and informed strategies.
5. Identifying Growth Opportunities: The reports enable clients to identify investment opportunities, emerging market trends, and white spaces, aiding in maximizing returns and gaining a competitive edge.

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