Tanzania Two-Wheeler Tire Market Size, Share, Trends, Demand, Growth and Competitive Analysis 2030
The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape.
In-Depth Market Overview of Tanzania
Two-Wheeler Tire Market Industry (2024-2030):
According
to the latest report, the Tanzania
Two-Wheeler Tire Market is estimated to grow at a CAGR of around 13.43% during the forecast
period, i.e., 2024-30. The report demonstrates the
prominent factors propelling the exponential growth of the Tanzania Two-Wheeler
Tire Market.
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Key Takeaways: Beneficial for
Stakeholders and Clients
·
Historic Period: 2019-2022
·
Base year: 2023
·
Forecast Years: 2024-2030
·
CAGR (2025-30): 13.43%
What are the major Driver the Tanzania
Two-Wheeler Tire Market industry?
The Emergence of Online Food Delivery
Services – The increasing accessibility of the Internet
and the expanding reach of mobile connectivity in the nation have been driving
the surge in online food delivery services. Prominent platforms such as
MyFoodness, Uber Eats, and Piki Tanzania are gaining traction, offering a
diverse array of food and grocery items. Furthermore, the widespread adoption
of digital payment solutions, including mobile money services, has been
instrumental in overcoming traditional banking obstacles, contributing
significantly to the burgeoning growth of the online food delivery sector in
the country.
As a
result, the combination of faster internet connections and the convenience of
doorstep delivery has facilitated the widespread adoption of online food
delivery platforms. Consequently, delivery service providers such as Duka,
Mosidrop, etc., are now integrating two-wheelers such as motorbikes and
scooters into their fleets to ensure swifter deliveries to customers. Given
that these vehicles cover longer distances for timely deliveries, the
consequential extensive wear and tear on their tires creates a demand for
regular replacements.
Additionally,
the growing popularity of online food delivery platforms has led to the
introduction and expansion of new services in the country. For instance,
In
2022, BeU Delivery, an on-demand food delivery service in Ethiopia, expand its
services to Dar es Salaam, Tanzania.
This
influx of new entrants in the food delivery industry prompted a higher reliance
on motorcycles and scooters, favored for their agility, cost-effectiveness, and
suitability for navigating congested urban areas for last-mile deliveries. The
escalating use of these two-wheelers for food delivery has increased wear and
tear on their tires, creating a sustained need for tire replacements. As a
result, this factor is anticipated to drive the market for two-wheeler tires in the country
during the forecast period.
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Tanzania Two-Wheeler Tire Market Segmentation
The Tanzania
Two-Wheeler Tire Market analysis of MarkNtel Advisors explores the industry by
emphasizing the growth parameters and categorizes including geographical
segmentation, to offer a comprehensive understanding of the market dynamic. The
further bifurcations are as follows:
- By Vehicle Type
- Scooter and Moped- Market Size &
Forecast 2019-2030, Thousand Units
- Motorcycle- Market Size & Forecast
2019-2030, Thousand Units
- By Demand Type
- OEMs- 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 Price Category
- Budget (Up to USD11 Per Unit)- Market
Size & Forecast 2019-2030, Thousand Units
- Economy (USD12 to 30 Per unit)- Market
Size & Forecast 2019-2030, Thousand Units
- Premium (Above USD30 Per Unit)-Market
Size & Forecast 2019-2030, Thousand Units
- By Sales Channel
- Online- Market Size & Forecast
2019-2030, Thousand Units
- Multi Brand Stores - Market Size &
Forecast 2019-2030, Thousand Units
- Exclusive Outlets - Market Size &
Forecast 2019-2030, Thousand Units
- Direct Sales- Market Size &
Forecast 2019-2030, Thousand Units
- By Tire Size
- 80/100-17- Market Size & Forecast
2019-2030, Thousand Units
- 100/90-17- Market Size & Forecast
2019-2030, Thousand Units
- 2.75 x 17 - Market Size & Forecast
2019-2030, Thousand Units
- 3.00 x 17- Market Size & Forecast
2019-2030, Thousand Units
- 3.00 - 18- Market Size & Forecast
2019-2030, Thousand Units
- Others (110/80-17, 90/90-18,
100/80-17,110/70-17,150/60-17, 120/80 - 17 etc.) - Market Size &
Forecast 2019-2030, Thousand Units
- By Region
- East
- West
- South
- North
As per the regional aspect, the Tanzania Two-Wheeler Tire Market is expected to be dominated by East by capturing the potential market share.
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details about this research report-
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Top
Companies in the Tanzania Two-Wheeler Tire Market
Bridgestone Corporation, Michelin, Dunlop Tyres, Continental AG, Metzeler, Pirelli Tyre S.p.A, Inoue Rubber Co., Ltd., MRF, Shinko Tyres, CEAT, and others
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