According to MarkNtel Advisors study 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. 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.
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Africa Tire Market Segmentation Analysis:
The Africa Tire Analysis, 2025-2030 report provides in-depth insights into the industry’s expansion across different segments as cited below in order to aid stakeholders in gaining information associated with the changing operational interface after contemplating the governing policies, regulations, & other external factors influencing the industry.
By Vehicle Type
- Passenger Car
- Light Commercial Vehicle (LCV)
- Medium and Heavy Commercial Vehicle (M&HCV)
- Two-Wheeler
- Three-Wheeler
- Off Road Tire (OTR)
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
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”
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Regional/Country-Level Landscape of the Africa Tire:
This section of the research report cites various factors that determine the revenue & volume growth of the Africa Tire during 2025-30 across different geographic locations, which shall help readers comprehend the worth of investing in a particular country or a region.
By Country
- Nigeria
- Algeria
- Egypt
- Morocco
- South Africa
- Ethiopia
- Sudan
- Eritrea
- Djibouti
- Tanzania
- Ghana.
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Africa Tire Market Competitive Overview
The competitive analysis is another prominent section of the report intended to help stakeholders devise approaches before investing in the Africa Tire. Our analysts have undergone rigorous examination and put together all effective strategies used by the prominent players in the industry as mentioned below to boost their brand value and expand product portfolio, customer base, & visibility across different regions/countries. The stakeholders can also attain insights into the recent developments, product/service launches, and mergers & acquisitions, among other dynamics, to consolidate profits.
- Bridgestone
- Goodyear
- Michelin
- Continental
- Hankook
- Kumho
- Toyo
- Triangle
- Zhongce Rubber
- Sumitomo.
Reasons to Buy Africa Tire Report
- Delivers unbiased & accurate data on the changing dynamics of the Africa Tire, enabling stakeholders to develop business strategies & make investments after going through the factors impacting the growth trajectory of the industry.
- Cites key elements backing the potential growth of the market in the forecast years while understanding the competitive scenario for strategic investments, product launches, mergers & acquisitions, and others.
- Attain better knowledge to manage and organize business after examining the opportunities & challenges associated with sales & marketing in the industry.
- Utilize the accurate & detail-driven analysis of the prominent players and their dominance in the market, helping the stakeholders to devise their strategies accordingly & get ahead of the competitors.
Customization Services
We also offer customization on the "Africa Tire Analysis, 2025" report that exhibits a comprehensive industry analysis to provide readers with specific in-depth market insights and help them succeed in today’s rapidly changing industry scenarios.
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About us:
MarkNtel Advisors is a premier market research and consulting firm with deep domain expertise in the tire industry, including off-the-road vehicle tires, performance tires, and comprehensive tire reports. Our research covers manufacturing processes, raw material trends, and market expansion strategies. Leveraging Competitive Intelligence, we help tire manufacturers, distributors, and investors benchmark performance, anticipate demand shifts, and implement data-driven strategies for achieving long-term competitiveness and sustainability.
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