Markntel Advisors’ report, Middle East Two-Wheeler Tire Research Report: Industry Trend, Business Growth, Size, Future Scope, Segmentation, Dynamics, and Forecast to 2030, offers a comprehensive guide for the growing industry. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts. The research report on the Middle East Two-Wheeler Tire presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage.
Middle East Two-Wheeler Tire Market Industry Research Report & Market Summary:
The Middle East Two-Wheeler Tire Market size is estimated to grow at a CAGR of around 4.12% during the forecast period, i.e., 2024-30. The Middle East's improved tourism, infrastructure, rapid urbanization, and e-commerce have all boosted demand for dependable, efficient forms of transportation that save time. As a result, vehicles such as motorcycles, scooters, and mopeds are becoming increasingly popular across the region.
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Middle East Two-Wheeler Tire Market Dynamics:
Key Driver-
Rising Inbound Tourism Driving the Demand for Two-Wheeler Taxis – Middle Eastern Countries are emerging as favorite tourist destinations owing to the rising live events and presence of cultural heritage sites. These countries witness the arrival of inbound foreign travelers from different countries across the Globe. According to the Statistics provided by the United Nations World Tourism Organization, Dubai registered the arrival of more than 17 million foreign travelers in 2023. These tourists rely heavily on the rental of two-wheeler taxis to explore the country at their own pace. Therefore, these foreign travelers use rental scooters & motorcycles during their visit. This surging usage of the two-wheelers by tourists amplifies tire deterioration. As a result, the vehicles undergo frequent tire replacement, uplifting Middle East Two-Wheeler Tire Market. Moreover, the tourism sector in the Middle Eastern nations is resulting in uplifting the country’s economy. Owing to this, governing authorities of these nations are laying tourist programs that target to welcome more tourists in their country. The arrival of more travelers in these nations would further increase the demand for the two-wheeler, amplifying the Middle East Two-Wheeler Tire market.
Middle East Two-Wheeler Tire Market Segmentation Analysis:
According to MarkNtel study the market is segmented into the following categories:
By Vehicle Type
- Scooter & Moped - Market Size & Forecast 2019-2030F, Thousand Units
- Motorcycle - Market Size & Forecast 2019-2030F, Thousand Units
Of them all, the scooters & mopeds accounted for a substantial market share in the Middle East Two-Wheeler Tire Market. Scooters & Mopeds are being increasingly used by logistics companies to deliver products to consumers since they supply the products at a faster speed than commercial vehicles, like pickup vans & trucks.
By Propulsion
- ICE–Market Size & Forecast 2019–2030F, Thousand Units
- Electric–Market Size & Forecast 2019–2030F, Thousand Units
By Demand Type
- OEM-Market Size & Forecast 2019-2030F, Thousand Units
- Replacement - Market Size & Forecast 2019-2030F, Thousand Units
Among them, replacement holds a dominant share in the Middle Eastern Two-Wheeler Tire Market. The Middle Eastern nations have higher labor costs & unskilled labor owing to which, the nations in the region have limited two-wheeler manufacturing units.
By Sales Channel
- Direct Sales-Market Size & Forecast 2019-2030F, Thousand Units
- Exclusive Outlets-Market Size & Forecast 2019-2030F, Thousand Units
- Multi Brand Stores-Market Size & Forecast 2019-2030F, Thousand Units
- Online- Market Size & Forecast 2019-2030F, Thousand Units
By Tire Type
- Radial- Market Size & Forecast 2019-2030F, Thousand Units
- Bias- Market Size & Forecast 2019-2030F, Thousand Units
By Tire Size
- Tire Size 1-Market Size & Forecast 2019-2030F, Thousand Units
- Tire Size 2-Market Size & Forecast 2019-2030F, Thousand Units
- Tire Size 3-Market Size & Forecast 2019-2030F, Thousand Units
- Tire Size 4-Market Size & Forecast 2019-2030F, Thousand Units
- Tire Size 5-Market Size & Forecast 2019-2030F, Thousand Units
By Price Category
- Budget-Market Size & Forecast 2019-2030F, Thousand Units
- Economy-Market Size & Forecast 2019-2030F, Thousand Units
- Premium-Market Size & Forecast 2019-2030F, Thousand Units
By Country
- The UAE
- Saudi Arabia
- Qatar
- Kuwait
- Oman
- Bahrain
- Turkey
- Rest of the Middle East.
As indicated in the latest market research report published by Markntel Advisors, “Middle East Two-Wheeler Tire Research Report: Forecast (2024-2030)”, this report offers a detailed analysis of the industry, featuring insights into the Middle East Two-Wheeler Tire. It encompasses competitor and geographical analyses, as well as recent advancements in the market.
Browse Full Report Along with TOC and Figures - https://www.marknteladvisors.com/research-library/middle-east-two-wheeler-tire-market.html
Top Companies Operating in the Middle East Two-Wheeler Tire Market:
- Bridgestone Corporation
- Michelin
- Continental AG
- Pirelli Tyre S.p.A
- Goodyear Tire & Rubber Company
- Maxxis International
- Sumitomo Rubber Industries Ltd.
- Dunlop
- Kenda Tires
- Mitas
- Others.
Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.
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Key Report Highlights:
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
Frequently Asked Questions (FAQs)-
- What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
- What are the trends influencing the current scenario of the market?
- What leading factors would propel and impede the industry across the geography?
- How has the industry been evolving in terms of geography & Middle East Two-Wheeler Tire Market adoption?
- How has the competition been shaping up across the geography?
- Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?
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