Market Insights
As per recent research by MarkNtel Advisors, The Ethiopia Two Wheeler Tire Market is projected to register a considerable CAGR during 2022-27.
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Key Driver: Raising Consumer Awareness about Timely Repairs & Replacement of Tires
With a rise in the number of two-wheeler ownerships, customers are becoming increasingly aware of the importance of providing timely repairs & replacement of tires to ensure the utmost safety & long life of their vehicles. It is the most prominent aspect instigating the leading players to increase tire imports & enhance their distribution capacities, i.e., projected to drive the Ethiopia Two-Wheeler Tire Market during 2022-27.
Market Segmentation and Consumer Behavior:
By Vehicle Type
- Scooter & Moped
-
- Upto 100cc
- 101 cc to 125 cc
- 126 cc to 150 cc
- Above 150 cc
- Motorbike
- Upto 100cc
- 101cc to 125cc
- 126 cc to 150 cc
- Above 150 cc
-
By Installation
- OEM
- By Rim Size
- 10” to 16”
- Above 16”
- Replacement
- By Rim Size
- 10” to 16”
- Above 16”
- Above 15”
- By Rim Size
- By Rim Size
By Tire Type
- Radial
- Bias
By Price Category
- Budget
- Economy
- Premium
By Sales Channel
- Online
- Multi Brand Stores
- Exclusive Outlets
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Key Players and Competitive Strategies in the Ethiopia Two Wheeler Tire Market
Several prominent players dominate the Ethiopia Two Wheeler Tire Market, including:
- MRF
- Bridgestone
- Maxxis
- CEAT
- Sumitomo
- Apollo
- Michelin
- Continental
- Pirelli
- Goodyear etc.
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Questions Addressed in this Study
1.What factors are driving the Ethiopia Two Wheeler Tire Market growth?
2.How is the Ethiopia Two Wheeler Tire Market expected to grow over the next five years?
3.What are the key insights into the current trends in the Ethiopia Two Wheeler Tire Market?
4.What is the current size of the Ethiopia Two Wheeler Tire Market, and how is it projected to change in the future?
5.What is the future outlook for the Ethiopia Two Wheeler Tire Market in terms of technological advancements and market expansion?
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