According to recent findings, the Africa Tire Market size was valued at around USD 6.35 billion in 2024 and is expected to reach USD 8.34 billion in 2030. Along with this, the market is estimated to grow at a CAGR of around 4.65% during the forecast period, i.e., 2025-30.
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Africa Tire Overview:
The growth of the market would be fueled primarily by the rapidly increasing vehicle fleet across different countries in Africa, owing to the burgeoning interest of people in private ownership of vehicles.
With the swift expansion of the cross-border trade of tires entwined with the growing prevalence of Chinese & budget tires across Africa, the overall availability of tires has improved significantly, with an extensive range to choose from for vehicle owners. Moreover, the growing government focus on infrastructural developments has led to various ongoing & upcoming construction projects, coupled with a propelling need for commercial vehicles, i.e., facilitating the massive production & sales of OTR tires across the region.
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Africa Tire Outlook and Future Trends :
Emerging E-Commerce Boom – Emerging trends such as the integration of smart tire technologies—enabling real-time monitoring of tire pressure, temperature, and wear—also present new avenues for market expansion, particularly among urban fleets and commercial operators seeking to optimize safety and operational efficiency. Furthermore, the expansion of e-commerce and digital retail platforms is enhancing market accessibility and consumer reach, especially in underserved regions. Collectively, these factors create a favorable environment for new entrants, technology adoption, and investment in the Africa tire market, supporting long-term industry growth and resilience.
Africa Tire Segmentation Analysis:
By Vehicle Type
- Passenger Car
- Light Commercial Vehicle (LCV)
- Medium and Heavy Commercial Vehicle (M&HCV)
- Two-Wheeler
- Three-Wheeler
- Off Road Tire (OTR)
According to reports, Amongst them all, passenger cars are projected to dominate the Africa Tire Market with the largest share during 2025-30.
By Demand Category
- OEMs
- Replacement
According to reports, the aftermarket is anticipated to dominate the Africa Tire Market with the largest share during 2025-30.
By Tire Type
- Radial
- Bias
By Sales Channel
- Direct Sales
- Online
- Multibrand Stores
By Rim Size
- Up to 12”
- 1” to 15”
- 1” to 18”
- 1” to 20”
- 1” to 22.5”
- 6” to 26”
- 1” to 35”
- 1” to 47”
- Above 47”
By Country
- Nigeria
- Algeria
- Egypt
- Morocco
- South Africa
- Ethiopia
- Sudan
- Eritrea
- Djibouti
- Tanzania
According to reports, Amongst all countries across Africa, South Africa is anticipated to dominate the market with the largest share during 2025-30.
For deeper insights into the market, explore the summary of the research report – https://www.marknteladvisors.com/research-library/africa-tire-market.html
Some of the Market players in the Africa Tire are:
- Bridgestone
- Goodyear
- Michelin
- Continental
- Hankook
- Kumho
- Toyo
- Triangle
- Zhongce Rubber
- Sumitomo.
Africa Tire Recent Development:
- 2024: Hankook, inaugurated its first commercial branch in Morocco, establishing a subsidiary in Casablanca to strengthen its footprint in the Maghreb and West Africa regions. Don Yi Jeon, with a strong background in marketing and sales at Hankook, was appointed as Managing Director of the Moroccan branch, underscoring the company’s commitment to regional market development and customer proximity.
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Key Highlights of the Report – Unlock Valuable Market Insights
- Market Size, Share & Future Projections – Understand the current market dimensions and forecasted growth trajectory.
- In-Depth Pricing Analysis – Get clarity on pricing trends and cost structures across segments.
- Company Strategies & Developments – Discover recent mergers, acquisitions, partnerships, and innovations.
- Key Stakeholders & Value Chain Insights – Identify the main players and their roles within the industry ecosystem.
- Import & Export Dynamics – Analyze trade flows, regional export trends, and supply chain movements.
- Competitive Benchmarking – Gain a clear view of the leading companies and their market positioning.
- Emerging Growth Opportunities – Spot untapped areas and niche markets for potential investment.
- Market Trends & Growth Drivers – Stay ahead with insights into evolving consumer behavior and industry indicators.
Research Methodology Summary
A systematic approach is used to ensure accurate market insights, combining both bottom-up and top-down methods. Data triangulation validates findings from multiple angles.
Key Steps:
- Define objectives and research design
- Collect data through surveys and interviews
- Analyze and validate data using reliable tools
- Forecast trends and deliver actionable insights
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- https://medium.com/@amitkumarmarkntel/qatar-catering-services-forecast-2030-growth-trends-key-players-future-outlook-amwaj-catering-a73784.656341c
- https://uberant.com/article/2118571-qatar-facility-management-industry-trends-demand-and-value-outlook-2030/
- https://globalriskcommunity.com/notes/saudi-arabia-catering-services-future-business-opportunities-2025
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