In 2021, the SOLUTIONSplus project, funded by the European Union, played a supportive role in facilitating Dar es Salaam’s transition to electric mobility. This initiative involved the incorporation of bicycles for distribution services and assisted in piloting electric bicycles for urban delivery services.
According to MarkNtel Advisors study, The Tanzania Two-Wheeler Tire Market size is estimated to grow at a CAGR of around 13.43% during the forecast period, i.e., 2024-30.
The increasing accessibility of the Internet and the expanding reach of mobile connectivity in the nation have been driving the surge in online food delivery services. Prominent platforms such as MyFoodness, Uber Eats, and Piki Tanzania are gaining traction, offering a diverse array of food and grocery items. Furthermore, the widespread adoption of digital payment solutions, including mobile money services, has been instrumental in overcoming traditional banking obstacles, contributing significantly to the burgeoning growth of the online food delivery sector in the country.
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Market Trend: The growing number of electric two-wheelers across the country is driving the demand for tires in Tanzania. The transition to electric two-wheelers aligns with environmental goals, contributing to emissions and carbon reduction benefits. Additionally, the lower fuel and maintenance costs of electric vehicles make them economically attractive, further boosting their adoption. The rising usage of electric two-wheelers, driven by both environmental concerns and economic incentives, results in higher wear and tear on tires. As these vehicles cover more distances for various purposes, the need for frequent tire replacements becomes a significant factor driving the demand for two-wheeler tires.
Tanzania Two-Wheeler Tire Market Key Players:
Bridgestone Corporation, Michelin, Dunlop Tyres, Continental AG, Metzeler, Pirelli Tyre S.p.A, Inoue Rubber Co., Ltd., MRF, Shinko Tyres, CEAT, and others
Market Segmentation Overview:
By Vehicle Type
-Scooter and Moped
-Motorcycle
Motorcycle tires hold a major share of the two-wheeler tire industry in the country and are expected to account for the majority of the market owing to the demand for motorcycle taxi services, the demand for food delivery companies, etc. Motorcycle taxis, commonly known as “boda-bodas,” in Tanzania offer a swift & cost-effective means of navigating congested roads, which has further surged their demand. Additionally, as digital platforms and mobile applications became more prevalent, the ease of hailing motorcycle taxis through these technologies further catalyzed their adoption, making them a prominent and in-demand mode of transportation in Tanzania. This surge in demand for boda-bodas in the country has resulted in a heightened need for replacement tires for motorcycles during the historical years.
Additionally, the country’s improving economic condition has led to an expansion of the middle class and an increase in disposable income. In 2020, the World Bank announced that the Tanzanian economy had been upgraded from low to lower-middle income status. This economic progress has translated into increased purchasing power for Tanzanians, enabling a larger portion of the population to afford motorcycles. Consequently, there is a potential rise in the number of motorcycles on the roads, which is anticipated to create a higher demand for motorcycle tires during the forecast period.
By Demand Type
-OEMs
-Replacement
By Tire Type
-Radial
-Bias
By Price Category
-Budget (Up to USD11 Per Unit)
-Economy (USD12 to 30 Per unit)
-Premium (Above USD30 Per Unit)
By Sales Channel
-Online
-Multi Brand Stores
-Exclusive Outlets
-Direct Sales
By Tire Size
-80/100-17
-100/90-17
-2.75 x 17
-3.00 x 17
-3.00 – 18
-Others (110/80-17, 90/90-18, 100/80-17,110/70-17,150/60-17, 120/80 – 17 etc.)
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By Region
- East
- West
- South
- North
Note: If you require specific information not covered in the current report, we can provide it through customized option
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India Two-Wheeler Tire Market – https://www.marknteladvisors.com/research-library/india-two-wheeler-tire-market.html
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