According to MarkNtel Advisors who is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. Recently released a report on Botswana Tire Market – Industry Trends and Forecast to 2026 and provides a comprehensive analysis of the current and future market conditions. The market research insights offered in this report enhance understanding of the market landscape, potential challenges, and strategies to establish a strong brand presence. With detailed market segmentation, in-depth analysis of key players, examination of consumer and supply chain trends, and exploration of new geographic markets, the insights presented in this report simplify the effective marketing of products and services.
Botswana Tire Market Analysis and Size
The Botswana Tire Market is projected to grow at a CAGR of around 5% during the forecast period, i.e., 2021-26.
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Some of the major players operating in the Botswana Tire Market are Dunlop Tyres, MRF Tires, Apollo, Vredestien, Bridgestone Corp., TVS Tires.
Botswana Tire Market Growth Driver:
Botswana has a significant amount of diamonds, which contribute significantly to the country’s economy. Hence, the government is projecting several mining activities for the procurement of diamonds, for which there’s a burgeoning demand for heavy commercial vehicles & mining equipment.
As a result, the need for robust tires for those equipment & vehicles is escalating swiftly and driving the Botswana Tire Market. Additionally, the growing awareness about timely vehicle & tire safety & maintenance is another crucial aspect projected to continue boosting the demand for tires across the country.
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Market Segment and Geographical Analysis
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 Sales Channel
- Online
- Dealers/ Exclusive Outlets
- Others
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
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