Market Insights
As per recent research by MarkNtel Advisors, The Middle East Two-Wheeler Tire Market size is estimated to grow at a CAGR of around 4.12% during the forecast period, i.e., 2024-30.
The Middle East Two-Wheeler Tire Market Driver:
Rising Inbound Tourism Driving the Demand for Two-Wheeler Taxis – Middle Eastern Countries are emerging as favorite tourist destinations owing to the rising live events and presence of cultural heritage sites. These countries witness the arrival of inbound foreign travelers from different countries across the Globe. According to the Statistics provided by the United Nations World Tourism Organization, Dubai registered the arrival of more than 17 million foreign travelers in 2023. These tourists rely heavily on the rental of two-wheeler taxis to explore the country at their own pace. Therefore, these foreign travelers use rental scooters & motorcycles during their visit. This surging usage of the two-wheelers by tourists amplifies tire deterioration. As a result, the vehicles undergo frequent tire replacement, uplifting Middle East Two-Wheeler Tire Market. Moreover, the tourism sector in the Middle Eastern nations is resulting in uplifting the country’s economy. Owing to this, governing authorities of these nations are laying tourist programs that target to welcome more tourists in their country. The arrival of more travelers in these nations would further increase the demand for the two-wheeler, amplifying the Middle East Two-Wheeler Tire market.
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Market Segmentation and Consumer Behavior:
By Vehicle Type
- Scooter & Moped – Market Size & Forecast 2019-2030F, Thousand Units
- Motorcycle – Market Size & Forecast 2019-2030F, Thousand Units
By Propulsion
- ICE–Market Size & Forecast 2019–2030F, Thousand Units
- Electric–Market Size & Forecast 2019–2030F, Thousand Units
By Demand Type
- OEM-Market Size & Forecast 2019-2030F, Thousand Units
- Replacement – Market Size & Forecast 2019-2030F, Thousand Units
By Sales Channel
- Direct Sales-Market Size & Forecast 2019-2030F, Thousand Units
- Exclusive Outlets-Market Size & Forecast 2019-2030F, Thousand Units
- Multi Brand Stores-Market Size & Forecast 2019-2030F, Thousand Units
- Online- Market Size & Forecast 2019-2030F, Thousand Units
By Tire Type
- Radial- Market Size & Forecast 2019-2030F, Thousand Units
- Bias- Market Size & Forecast 2019-2030F, Thousand Units
By Tire Size
- Tire Size 1-Market Size & Forecast 2019-2030F, Thousand Units
- Tire Size 2-Market Size & Forecast 2019-2030F, Thousand Units
- Tire Size 3-Market Size & Forecast 2019-2030F, Thousand Units
- Tire Size 4-Market Size & Forecast 2019-2030F, Thousand Units
- Tire Size 5-Market Size & Forecast 2019-2030F, Thousand Units
By Price Category
- Budget-Market Size & Forecast 2019-2030F, Thousand Units
- Economy-Market Size & Forecast 2019-2030F, Thousand Units
- Premium-Market Size & Forecast 2019-2030F, Thousand Units
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Middle East Two-Wheeler Tire Market Geographical Analysis:
By Country:
- The UAE
- Saudi Arabia
- Qatar
- Kuwait
- Oman
- Bahrain
- Turkey
- Rest of the Middle East
Key Players and Competitive Strategies in the Middle East Two-Wheeler Tire Market
Several prominent players dominate the Middle East Two-Wheeler Tire Market, including:
- Bridgestone Corporation
- Michelin
- Continental AG
- Pirelli Tyre S.p.A
- Goodyear Tire & Rubber Company
- Maxxis International
- Sumitomo Rubber Industries Ltd.
- Dunlop
- Kenda Tires
- Mitas
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Questions Addressed in this Study
1.What factors are driving the Middle East Two-Wheeler Tire Market growth?
2.How is the Middle East Two-Wheeler Tire Market expected to grow over the next five years?
3.What are the key insights into the current trends in the Middle East Two-Wheeler Tire Market?
4.What is the current size of the Middle East Two-Wheeler Tire Market, and how is it projected to change in the future?
5.What is the future outlook for the Middle East Two-Wheeler Tire Market in terms of technological advancements and market expansion?
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