How Big is the Israel Tire Market?
The Israel Tire Market is projected to grow at a CAGR of around 4.6% during the forecast period, i.e., 2022-27. Most of the market expansion is driven by the high disposable income of the people of Israel, which portrays a high rate of private vehicle ownership in the country. As a result, the escalating vehicle fleet is playing a crucial role in augmenting the demand for tires and driving the market.
Market Statistics
- Market Growth Rate (CAGR): 4.6% from 2022-2027
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Israel Tire Market Segmentation:
The report has segmented the market into the following categories:
By Type of Vehicles
- Passenger Car
- Light Commercial Vehicle
- Buses and Trucks
- Medium and Heavy Commercial Vehicles
- Off the Road (OTR)
- Two Wheelers
- Three Wheeler
By Demand Category
- OEM
- Replacement
By Type of Tire
- Radial
- Bias
By Sales Channel
- Dealer/Exclusive Outlets
- Online
- Others
By Season
- All-season
- Summer
By Price Category
- Low
- Medium
- High
By Rim Diameter
- 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 Region
- East
- West
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Competitive Landscape:
- Alliance Tires
- Giti
- Bridgestone
- Continental
- Hankook
- Michelin
- Pirelli
- Toyo
- Sumitomo
- Goodyear Tire
- Shandong Hengfeng Rubber & Plastic Co., Ltd.
The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.
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Key Highlights of the Report:
- Market Performance (2022-2027)
- Strategic Recommendations
- Current, Historical and Future Market Trends
- Market Drivers and Leading Competitor
- SWOT Analysis
- Structure of the Market
- Comprehensive Mapping and Recent Advancement
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