MarkNtel Advisors – Leading Market Research Company found GCC Tire Market is expected to reach 4.8% CAGR Growth By 2027.
This report provides a comprehensive analysis of the GCC Tire Market, with a focus on market size, segmentation, key players, geographical analysis, and growth in the coming years. The expert team of analysts invested considerable time and effort in collecting and analyzing the latest market data, producing a comprehensive and current report that provides valuable insights for decision-makers, including business owners and analysts.
Comprehensive Analysis of the GCC Tire Market
Base Year: 2021
Forecast Years: 2022-2027
Historical Years: 2017-2020
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Scope of the GCC Tire Market Report:
The GCC Tire Market is projected to grow at a CAGR of around 4.8% during the forecast period, i.e., 2022-27. The growth of the market is likely to be driven primarily by the rapidly increasing vehicle sales across the GCC region, owing prominently to the improving economy, changing living standards, & growing preference for private vehicle ownership, i.e., propelling the demand for vehicles and directly impacting the tire market.
What are the different Segment Available in the GCC Tire Market?
By Vehicle Type
- Passenger Cars
- SUV
- Sedan
- Hatchback & Bakkies
- Light Commercial Vehicles (LCV)
- Light Trucks
- Light Buses
- Pickup trucks & Vans
- Medium & High Commercial Vehicles
- Bus
- Truck
- Two Wheelers
- Moped
- Scooters
- Motorcycles
- Off the Road (OTR)
- Earthmoving Equipment
- Material Handling Equipment
- Industrial & Mining Equipment
By Demand Type
- OEM
- Replacement
By Type of Tire
- Radial
- Bias
By Season
- All Season
- Summer
By Rim Size
- Upto 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”
By Price Category
- Low
- Medium
- High
By Country
- Saudi Arabia
- UAE
- Qatar
- Kuwait
- Bahrain
- Oman.
Browse Full Report Along with TOC and Figures - https://www.marknteladvisors.com/research-library/gcc-tire-market.html
Leading GCC Tire companies operating in the Market
- Hankook
- Bridgestone
- Goodyear
- Michelin
- Continental
- Toyo
- Kumho
- Apollo.
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