Middle East and Africa Truck & Bus Tire Industry Analysis 2024–2030: Market Insights & Forecast

Executive Summery

This report presents a detailed overview of the Middle East and Africa Truck & Bus Tire Market, highlighting key insights into its market size, share, and growth during the forecast period, i.e., 2024-30. It explores emerging trends, competitive dynamics, and the core drivers reshaping the industry. Backed by solid data and expert analysis, the study offers segment-wise insights and reliable forecasts to guide strategic decisions. With comprehensive market analysis and forward-looking perspectives, this report serves as a practical tool for stakeholders navigating change. Whether you’re an investor, policymaker, or business leader, this research helps you stay ahead in the fast-evolving Middle East and Africa Truck & Bus Tire industry landscape.

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Middle East and Africa Truck & Bus Tire Market Statistics and Key Highlights

The Middle East and Africa Truck & Bus Tire Market size is estimated to grow at a CAGR of around 6.6% during the forecast period, i.e., 2024–30.

• Middle East and Africa Truck & Bus Tire market shows steady growth
• Market size expanding due to rising industry demand
• Competitive landscape driven by tech and innovation
• Detailed segment-wise and geography wise share analysis
• Forecast reveals strong trends shaping future outlook

Key Player- Emerging Middle East and Africa Truck & Bus Tire Companies

• Michelin Middle East
• Goodyear Tire and Rubber Industries
• Bridgestone Middle East and Africa FZE
• Sumitomo Rubber Industries
• Kumho Tire Co., Inc.
• Apollo Tyres Ltd.
• The Yokohama Rubber Co., Ltd.
• JK Tires and Industries Ltd.
• Hankook Middle East and Africa
• Continental AG
• Maxxis Tyre
• Hangchou Zhongce Rubber Co. Ltd. (ZC Rubber)

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Key Driver:

Expansion of the Logistics & Transportation Industry Driving Market Growth – The MEA region’s growing e-commerce, retail, and manufacturing sectors are driving the rise of the logistics and transportation industries. Commercial vehicles are necessary for moving goods and supplies over long distances, creating a greater demand for truck tires to equip these vehicles. Furthermore, the MEA region’s manufacturing sector is developing, with investments in industries including automotive, electronics, textiles, and food processing. For Instance,

In 2023, Baoshan Iron & Steel Co. invested about USD 4 billion in expanding its manufacturing capacity to enhance Saudi Arabia’s steel industry ecosystem & improve supply chain localization.

Middle East and Africa Truck & Bus Tire Market Segmentation

• By Type of Vehicle
  • Truck- Market Size & Forecast 2019-2030 (Thousand Units)
    • Light Trucks- Market Size & Forecast 2019-2030 (Thousand Units)
    • Medium & Heavy Trucks- Market Size & Forecast 2019-2030 (Thousand Units)
  • Bus- Market Size & Forecast 2019-2030 (Thousand Units)
    • Light Buses- Market Size & Forecast 2019-2030 (Thousand Units)
    • Medium & Heavy Buses- Market Size & Forecast 2019-2030 (Thousand Units)

By Application

• Public Transport- Market Size & Forecast 2019-2030 (Thousand Units)
• General Cargo Transport- Market Size & Forecast 2019-2030 (Thousand Units)
• Building & Construction- Market Size & Forecast 2019-2030 (Thousand Units)
• Agriculture Transportation- Market Size & Forecast 2019-2030 (Thousand Units)
• Others (Chemical Transportation, Mining Transportation, etc.) – Market Size & Forecast 2019-2030 (Thousand Units)

By Demand Type

• OEM- Market Size & Forecast 2019-2030 (Thousand Units)
• Aftermarket- Market Size & Forecast 2019-2030 (Thousand Units)

By Price Category

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

• Tire Size 1- Market Size & Forecast 2019-2030 (Thousand Units)
• Tire Size 2-Market Size & Forecast 2019-2030 (Thousand Units)
• Tire Size 3- Market Size & Forecast 2019-2030 (Thousand Units)
• Tire Size 4- Market Size & Forecast 2019-2030 (Thousand Units)
• Tire Size 5- Market Size & Forecast 2019-2030 (Thousand Units)

By Sales Channel

• Direct Sales- Market Size & Forecast 2019-2030, (Thousand Units)
• Multi Brand Stores & Exclusive Outlets- Market Size & Forecast 2019-2030, (Thousand Units)
• Online- Market Size & Forecast 2019-2030, (Thousand Units)

By Country

• The UAE
• Saudi Arabia
• Oman
• Qatar
• Kuwait
• Bahrain
• Morocco
• Egypt
• Israel
• South Africa
• Nigeria
• Rest of the Middle East & Africa

Saudi Arabia, the UAE, South Africa, Egypt, and Nigeria are expected to be the major markets for truck and bus tire suppliers during 2024–30.

Reasons to Buy This Report

1. Gain comprehensive insights into current market trends and dynamics.
2. Equip your business with data-driven strategies for informed decisions.
3. Identify lucrative market opportunities and strategic growth areas.
4. Analyze competitors to enhance your positioning in the market landscape.
5. Understand geographical trends across diverse markets for better expansion strategies.

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