Ethiopia Tire Market Achieves USD 2.08 billion in 2023, Braces for 3.48% CAGR Elevate Until 2030

How big is the Ethiopia Tire market?

According to MarkNtel Advisors study, The Ethiopia Tire Market size was valued at around USD 2.08 billion in 2023 and is estimated to grow at a CAGR of about 3.48% during the forecast period, i.e., 2024-30.

Get Your Hands On to the Free Sample Report (2024-30) – https://www.marknteladvisors.com/query/request-sample/ethiopia-tire-market.html

Ethiopia Tire Market Driver:

Growing Awareness about Timely Repairs & Replacement of Tires – With stabilizing economic conditions in Ethiopia and growing sales of passenger vehicles, the demand for tires is significantly rising in the country. Consumers are becoming more aware of the significance & benefits of providing timely repairs & replacements to their vehicles & keep a check on the conditions of their tires. It, in turn, is augmenting the demand for replacement tires and playing a crucial role in driving the Tire Market across Ethiopia.

Besides, urbanization & advancements in the automotive sector are further anticipated to upsurge the demand for new vehicles and, in turn, positively influence the tire demand. As a result, the country is set to generate lucrative growth opportunities for the leading players in the tire industry to expand their product portfolio & customer base through 2024.

Leading Companies in the Ethiopia Tire market:

Goodyear Tire & Rubber Co.
Pirelli &C. SpA
Continental AG
Michelin
Apollo Tyres Ltd.
Sumitomo Rubber Industries Ltd.
CEAT Tire Ltd.
Maxxis International
Bridgestone Corp.
MRF Ltd
others

Explore Full Market Research Report – https://www.marknteladvisors.com/research-library/ethiopia-tire-market.html

Ethiopia Tire Market Segmentation:

By Vehicle Type

Two-wheeler Tire- Market Size & Forecast 2019-2030, (Thousand Units)

Moped- Market Size & Forecast 2019-2030, (Thousand Units)
Scooter- Market Size & Forecast 2019-2030, (Thousand Units)
Motorcycles- Market Size & Forecast 2019-2030, (Thousand Units)

Passenger Car Tire- Market Size & Forecast 2019-2030, (Thousand Units)

SUV- Market Size & Forecast 2019-2030, (Thousand Units)
Hatchback- Market Size & Forecast 2019-2030, (Thousand Units)
Sedan- Market Size & Forecast 2019-2030, (Thousand Units)

Light Commercial Vehicle (LCV) Tire -Market Size & Forecast 2019-2030, (Thousand Units)

Light Truck- Market Size & Forecast 2019-2030, (Thousand Units)
Light Bus- Market Size & Forecast 2019-2030, (Thousand Units)
Pick-up Trucks & Vans- Market Size & Forecast 2019-2030, (Thousand Units)

Medium & Heavy Commercial Vehicle (MHCV) Tire -Market Size & Forecast 2019-2030, (Thousand Units)

Bus- Market Size & Forecast 2019-2030, (Thousand Units)
Truck- Market Size & Forecast 2019-2030, (Thousand Units)

Off-the-Road Vehicle (OTR) Tire-Market Size & Forecast 2019-2030, (Thousand Units)

Earthmoving Equipment-Market Size & Forecast 2019-2030, (Thousand Units)
Material Handling Equipment-Market Size & Forecast 2019-2030, (Thousand Units)
Industrial & Mining Equipment-Market Size & Forecast 2019-2030, (Thousand Units)

Passenger Cars dominated the Ethiopia Tire Market with the largest share in previous years, and the same trend is projected during 2024-30.

By Demand Type

OEM - 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 Season

Summer Tires- Market Size & Forecast 2019-2030, (Thousand Units)
All Season Tires- Market Size & Forecast 2019-2030, (Thousand Units)

By Sales Channel

Direct Sales- Market Size & Forecast 2019-2030, (Thousand Units)
Dealer Distributor - Market Size & Forecast 2019-2030, (Thousand Units)
Online Platform- Market Size & Forecast 2019-2030, (Thousand Units)

By Rim Size

Up to 12” - Market Size & Forecast 2019-2030, (Thousand Units)
12.1” to 15” - Market Size & Forecast 2019-2030, (Thousand Units)
15.1” to 18” - Market Size & Forecast 2019-2030, (Thousand Units)
18” to 22.5” - Market Size & Forecast 2019-2030, (Thousand Units)
22.6” to 26” - Market Size & Forecast 2019-2030, (Thousand Units)
26.1” to 35” - Market Size & Forecast 2019-2030, (Thousand Units)
35.1” to 47” - Market Size & Forecast 2019-2030, (Thousand Units)
Above 47” - Market Size & Forecast 2019-2030, (Thousand Units)

By Price Category

Budget- Market Size & Forecast 2019-2030, (Thousand Units)
Economy- Market Size & Forecast 2019-2030, (Thousand Units)
Premium- Market Size & Forecast 2019-2030, (Thousand Units)

Regional/ Countries Insight:

Oromia- Market Size & Forecast 2019-2030, (Thousand Units)
Somali- Market Size & Forecast 2019-2030, (Thousand Units)
Tigray- Market Size & Forecast 2019-2030, (Thousand Units)
Amhara- Market Size & Forecast 2019-2030, (Thousand Units)
Others- Market Size & Forecast 2019-2030, (Thousand Units)

Note: Should you require specific information beyond the current scope of the report, we are prepared to furnish it as part of our customization services.

To Get Customized Report, Sent Your Enquiry Here - https://www.marknteladvisors.com/query/request-customization/ethiopia-tire-market.html

https://www.retailtimes.co.kr/%ec%a0%84%ec%b2%b4%eb%89%b4%ec%8a%a4/%ec%9d%b8%eb%8f%84-%ed%9c%b4%eb%a8%bc-%eb%a8%b8%ec%8b%a0-%ec%9d%b8%ed%84%b0%ed%8e%98%ec%9d%b4%ec%8a%a4-%ec%8b%9c%ec%9e%a5-%ea%b7%9c%eb%aa%a8-%ec%a0%90%ec%9c%a0%ec%9c%a8-%eb%b0%8f-%ec%b5%9c%ec%8b%a0/82221/

https://www.retailtimes.co.kr/%ec%a0%84%ec%b2%b4%eb%89%b4%ec%8a%a4/%ec%a0%84-%ec%84%b8%ea%b3%84-%ec%95%88%ea%b5%ac%ea%b1%b4%ec%a1%b0%ec%a6%9d-%ec%8b%9c%ec%9e%a5%ec%9d%80-2023%eb%85%84-52%ec%96%b5-%eb%8b%ac%eb%9f%ac%ec%97%90-%eb%8b%ac%ed%95%a0-%ea%b2%83%ec%9d%b4/82222/

https://www.retailtimes.co.kr/%ec%a0%84%ec%b2%b4%eb%89%b4%ec%8a%a4/2023%eb%85%84-%ea%b8%80%eb%a1%9c%eb%b2%8c-%ec%82%ac%eb%ac%b4%ec%9a%a9%ed%92%88-%ec%8b%9c%ec%9e%a5-%ea%b7%9c%eb%aa%a8-1620%ec%96%b5-%eb%8b%ac%eb%9f%ac-%eb%8f%8c%ed%8c%8c-2030%eb%85%84%ea%b9%8c/82223/

https://www.retailtimes.co.kr/%ec%a0%84%ec%b2%b4%eb%89%b4%ec%8a%a4/7-5-cagr-%ec%98%88%ec%b8%a1-%ea%b8%80%eb%a1%9c%eb%b2%8c-%ec%9c%a0%ea%b8%b0%eb%86%8d-%ec%bb%a4%ed%94%bc-%ec%8b%9c%ec%9e%a5-%ea%b7%9c%eb%aa%a8-%ec%a0%90%ec%9c%a0%ec%9c%a8-%ec%84%b1%ec%9e%a5-%ec%b6%94/82224/

https://www.retailtimes.co.kr/%ec%a0%84%ec%b2%b4%eb%89%b4%ec%8a%a4/%ea%b8%80%eb%a1%9c%eb%b2%8c-%ec%8a%a4%ed%94%bc%eb%a3%a8%eb%a6%ac%eb%82%98-%ec%8b%9c%ec%9e%a5%ec%9d%80-2024-2030%eb%85%84-cagr-9-5-%ec%84%b1%ec%9e%a5%ed%95%a0-%ea%b2%83%ec%9c%bc%eb%a1%9c-%ec%98%88/82225/

About MarkNtel Advisors:

MarkNtel Advisors is a leading consulting, data analytics, and market research company that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.