South Africa Tire Market Revenue, Growth Opportunities and Forecast to 2025 (Business Opportunities - Other Business Ads)

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South Africa Tire Market Revenue, Growth Opportunities and Forecast to 2025


South Africa Tire Market is projected to surpass $ 2.5 billion by 2025, on account of increasing vehicle sales and fleet size coupled with growing production and export of tires. Moreover, increasing penetration of Chinese and budget tires in South African tire market through tire importers are providing more options to the customers, which is expected to positively influence the market during forecast period. South Africa tire market can be segmented based on vehicle type, radial vs bias, demand category and region. Based on vehicle type, the country’s tire market can be segmented into passenger car, commercial vehicle, off the road vehicle and two-wheeler. Passenger cars tire segment was the largest segment in 2019 and the segment is expected to dominate during the forecast period on the back of large passenger car fleet coupled with growing production and sales of passenger cars.
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http://www.marketreportsonsouthafrica.com/marketreports/south-africa-tire-market-by-vehicle-type-passenger-car-commercial-vehicle-otr-two-wheeler-by-radial-vs-bias-radi/1937493
About Market Reports on South Africa:
Market Reports on South Africa is thus the one-stop solution for the entire market research requirements with regards to South Africa, We provide you with insight and analysis on the country’s economic outlook at the national, regional and city level, presenting a deep understanding of disparities and evolutionary paths. Get a complete, consistent and concise view of your markets with comprehensive industry reports. Our latest regional data-banks, forecasts, and detailed risk ratings will help you to identify risk and opportunities in every industry and develop strategic plans to deal with the competitiveness in South Africa’s market.

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Target State: All States
Target City : South Africa
Last Update : Jan 11, 2020
Number of Views: 20
Item  Owner  : Rachael Pate
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Contact Phone: 91 22 27810772 / 27810773

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