MarkNtel Advisors recently published a detailed industry analysis of the Egypt Two-wheeler Tire Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
Insights and Analysis of the Egypt Two-wheeler Tire Market (2024-2030)
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.
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What is driving the Egypt Two-wheeler Tire Market?
Expanding Ride-hailing Services to Boost the Market Growth – The surge in traffic congestion, coupled with the growing internet penetration and smartphone usage, is driving the adoption of ride-hailing services across Egypt. Urban centers like Cairo, Alexandria, and Giza are particularly affected by increasing congestion due to urbanization. In response, residents are turning to two-wheelers as a practical solution for navigating crowded streets.
In response to the challenges posed by heightened traffic congestion, residents in these cities are increasingly adopting two-wheelers as a practical and efficient means of navigating through congested urban environments. The demand for two-wheeler ride-hailing services has consequently witnessed a notable increase. Thus, cities like Alexandria, Cairo, Giza, etc., are emerging as hotbeds for ride-hailing app usage. The high usage of bike taxis in the region is resulting in wear & tear of the tire, enhancing the requirement for replacement at frequent time intervals, thereby propelling the Egypt Two-wheeler Tire Market Size.
What segments define the Egypt Two-wheeler Tire Market from 2024 to 2030? How do these segments contribute to market dynamics and growth?
By Vehicle Type
(Scooter and Moped,, Motorcycle),
By Demand Type
(OEMs, Replacement),
By Tire Type
(Radial, Bias),
By Price Category
(Budget (Up to USD11), Economy (USD12 to 30), Premium (Above USD30),
By Sales Channel
(Online, Multi Brand Stores, Exclusive Outlets, Direct Sales),
By Tire Size
(120/70-14, 80/100-17, 100/90-17 , 2.90/90-12, 3.00 -18, Others (110/80-17, 90/90-18, 100/80-17,110/70-17,150/60-17, 120/80 – 17 etc.)
Region
(Cairo, Dakahlia, Gaza, Alexandria, Others)
Explore the Complete Egypt Two-wheeler Tire Market Analysis Report – https://www.marknteladvisors.com/research-library/egypt-two-wheeler-tire-market.html
Who are the leading key players shaping the Egypt Two-wheeler Tire Market landscape?
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, and Others
Questions Addressed in this Study
1.What factors are driving the Egypt Two-wheeler Tire Market growth?
2.How is the Egypt Two-wheeler Tire Market expected to grow over the next five years?
3.What are the key insights into the current trends in the Egypt Two-wheeler Tire Market?
4.What is the current size of the Egypt Two-wheeler Tire Market, and how is it projected to change in the future?
6.What is the future outlook for the Egypt Two-wheeler Tire Market in terms of technological advancements and market expansion?
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MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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