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GCC Tire Market Analysis, 2020

GCC Tire Market Analysis, 2020

GCC Tires Market Analysis, 2020 research report depicts a deep-dive market analysis of statistics of GCC Tires market which consists of regional and country-wise market size, market forecast, CAGR market segmentation, market shares of diverse regions and countries, market share of various end users, applications, product type, technologies, competitive benchmarking, etc.

Market Opportunities
According to MarkNtel Advisors’ research report titled “GCC Tires Market Analysis, 2020”, the GCC Tires market is anticipated to grow at a considerable CAGR during 2020-25. The growth of the market is attributed to rising number of UAE and Saudi Arabia government initiatives to setup tyre manufacturing facilities in Jubail and Abu Dhabi. Moreover, the extensive investment made by the governments toward the infrastructure and construction sector, a host of international events, rapid urbanization, and burgeoning demand of luxury vehicles among people are some of the factors fueling the growth of the market. Moreover, the rising inclination toward electric vehicles in order to the curb the emission level is also projected to strongly contribute toward the growth of the market in the forecast period.
Market Segmentation
Passenger and Buses & Truck Segment is Gaining Rapid Pace in the Market
Based on the type of vehicle, passenger and buses & truck segment gained robust pace in the GCC Tires market in 2019. The growth of the segment is attributed to rising demand for luxury vehicle due to growing disposable income of the people, expansion in passenger vehicle fleet size along with rapid infrastructure development which would upsurge the need for trucks in the near future. Besides this, various international events in UAE and Qatar and upcoming tire manufacturing units for passenger, bus, and truck tires in UAE and Saudi Arabia are anticipated to promulgate the growth of the tire market in the forthcoming timeline.
Dealer and Distributor Acquired the Highest Market Share
Based on the sales channel, dealers and distributors acquired the majority market share in 2019. This is due strong presence of exclusive and authorized stores of the leading tire OEMs and Chinese tire brands along with setup of tire manufacturing plants which would increase in the number of dealers/ exclusive outlets in the GCC region. Moreover, the increasing inclination toward the sales of tires via online platforms in urban cities of the countries such as the UAE and Saudi Arabia is expected to place a positive impact toward the growth of Tires market in the coming years as stated in the MarkNtel Advisors’ research report “GCC Tires Market Analysis, 2020”.
Competitive Landscape
According to MarkNtel Advisors, the key players with a considerable market share in the GCC Tires market include Continental, Bridgestone, Yokohama, Goodyear, Michelin, Hankook, Pirelli, Toyo, and Cooper, etc.
Key Questions Answered in the Market Research Report:
1. What are the key overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of GCC Tires Market?
2. What is the country wise industry size, growth drivers and challenges key market trends?
3. What are the key innovations, technology upgrades, opportunities, regulations in the GCC Tires Market?
4. Who are the key competitors or market players and how they perform in GCC Tires Market on the basis of competitive benchmarking matrix?
5. What are the key results derived from the market surveys conducted during the course of GCC Tires Market study?
Market Outlook, Segmentation and Statistics:
• Impact of Covid-19 on Tires Market in GCC Countries
• Market Size & Analysis
o By Revenues
o Units Sold (Thousand Units)
• Market Share & Analysis
o By Type of Vehicles
 Passenger Car
 Light Commercial Vehicle
 Buses and Trucks
 Medium and Heavy Commercial Vehicles
 Off the Road (OTR)
 Two Wheelers
o By Demand Category
 OEM
 Replacement
o By Type of Tire
 Radial
 Bias
o By Season
 All Season
 Winter
o By Sales Channel
 Online
 Dealers/ Exclusive Outlets
 Others
o By Rim Size
 Up to 12”
 12.1” to 15”
 15.1.” to 18”
 18.1” to 20”
 20.1” to 22.5”
 22.6” to 26”
 26.1” to 35”
 35.1” to 47”
 Above 47”
o By Country
 UAE Tires Market Outlook, 2015-2025F (USD Million)
 Saudi Arabia Tires Market Outlook, 2015-2025F (USD Million)
 Qatar Tires Market Outlook, 2015-2025F (USD Million)
 Oman Tires Market Outlook, 2015-2025F (USD Million)
 Kuwait Tires Market Outlook, 2015-2025F (USD Million)
 Bahrain Tires Market Outlook, 2015-2025F (USD Million)
o By Company
 Revenue Shares
 Strategic Factorial Indexing
 Competitor Placement in MarkNtel Quadrant
• GCC Tires Market Policies, Regulations, Product Standard
• GCC Tires Market Intellectual Property Rights Analysis
• GCC Tires Market Hotspots & Opportunities
• Competition Outlook
o Competitor Wise Growth Strategies
o Company Profiles
Frequently Asked Questions
Q. What is the historical year, base year and forecast year considered in the research report on GCC Tires Market?
A. The historical data has been provided since 2015, while the base year is 2019 and the data is forecast up-to 2025.
Q. What are the units or denomination for measuring market value and volume in the report?
A. The market size/industry size or the market value is measured in terms of USD Million.
Q. What would be the growth rate or CAGR of GCC Tires Market during 2020-25?
A. The growth rate of GCC Tires Market during 2020-25 is forecast to grow at a considerable CAGR.
Q. Who are the key competitors or players operating in GCC Tires Market?
A. Continental, Bridgestone, Yokohama, Goodyear, Michelin, Hankook, Pirelli, Toyo, and Cooper, etc., are few of the leading players in the GCC Tires Market.
Q. Which type of vehicle segment would emerge as an opportunity area for players in GCC Tires Market?
A. Passenger segment is expected to attain the highest CAGR during the forecast period and maintain its significant market share.
Q. Which region would emerge as an opportunity area for players in GCC Tires Market?
A. UAE grabbed a significant market share continue to grow at a highest CAGR, presenting immense opportunities for market players of GCC Tires Market.
1. Introduction
1. Product Definition
1. Research Process
1. Assumptions
1. Market Segmentation
2. Preface
3. Executive Summary
4. Impact of COVID-19 on GCC Tire Market
5. Expert Verbatim-Interview Excerpts of industry experts
6. GCC Tire Market Analysis, 2015-2025F
6. Market Size & Analysis
1. Revenues in (USD Billion)
2. Units Sold in Million
6. Market Share & Analysis
1. By Vehicle Type
1. Passenger Cars
1. SUV
2. Sedan
3. Hatchback & Bakkies
2. Light Commercial Vehicles (LCV)
1. Light Trucks
2. Light Buses
3. Pickup trucks & Vans
3. Medium & High Commercial Vehicles
1. Bus
2. Truck
4. Two Wheelers
1. Moped
2. Scooters
3. Motorcycles
5. Off the Road (OTR)
1. Earthmoving Equipment
2. Material Handling Equipment
3. Industrial & Mining Equipment
2. By Demand Type
1. OEM
2. Replacement
3. By Type of Tire
1. Radial
2. Bias
4. By Season
1. All Season
2. Summer
5. By Rim Size
1. Upto 12
2. 12.1” to 15”
3. 15.1.” to 18”
4. 18.1” to 20”
5. 20.1” to 22.5”
6. 22.6” to 26”
7. 26.1” to 35”
8. 35.1” to 47”
9. Above 47”
6. By Price Category
1. Low
2. Medium
3. High
7. By Country
1. Saudi Arabia
2. UAE
3. Qatar
4. Kuwait
5. Bahrain
6. Oman
8. By Company
1. Market Shares, By Revenue
2. Strategic Factorial Indexing
3. Competitor Placement in MarkNtel Quadrant
6. Market Attractiveness Index
1. By Type of Vehicle
2. By Demand Type
3. By Type of Tire
4. By Season
5. By Rim Size
6. By Price Category
7. By Country
6. By Competitors
1. Total Units Sold
2. Market Share
7. Saudi Arabia Tire Market Analysis, 2020
7. Market Size & Analysis
1. Units Sold in Million
2. Revenues in USD Billion
7. Market Share & Analysis
1. By Vehicle Type
2. By Demand Type
3. By Type of Tire
4. By Season
5. By Rim Size
6. By Price Category
8. UAE Tire Market Analysis, 2020
8. Market Size & Analysis
1. Units Sold in Million
2. Revenues in USD Billion
8. Market Share & Analysis
1. By Vehicle Type
2. By Demand Type
3. By Type of Tire
4. By Season
5. By Rim Size
6. By Price Category
9. Qatar Tire Market Analysis, 2020
9. Market Size & Analysis
1. Units Sold in Million
2. Revenues in USD Billion
9. Market Share & Analysis
1. By Vehicle Type
2. By Demand Type
3. By Type of Tire
4. By Season
5. By Rim Size
6. By Price Category
10. Bahrain Tire Market Analysis, 2020
10. Market Size & Analysis
1. Units Sold in Million
2. Revenues in USD Billion
10. Market Share & Analysis
1. By Vehicle Type
2. By Demand Type
3. By Type of Tire
4. By Season
5. By Rim Size
6. By Price Category
11. Kuwait Tire Market Analysis, 2020
11. Market Size & Analysis
1. Units Sold in Million
2. Revenues in USD Billion
11. Market Share & Analysis
1. By Vehicle Type
2. By Demand Type
3. By Type of Tire
4. By Season
5. By Rim Size
6. By Price Category
12. Oman Tire Market Analysis, 2020
12. Market Size & Analysis
1. Units Sold in Million
2. Revenues in USD Billion
12. Market Share & Analysis
1. By Vehicle Type
2. By Demand Type
3. By Type of Tire
4. By Season
5. By Rim Size
6. By Price Category
13. GCC Tire Market Value Chain Analysis
13. Key Stakeholders in Value Chain
13. Margin at Various Levels
14. GCC Tire Market Regulations, Policies, Regulation, Product Benchmarks
15. GCC Tire Market Trends & Insights
16. GCC Tire Market Dynamics
16. Drivers
16. Challenges
16. Impact Analysis
17. GCC Tire Market Hotspot & Opportunities
18. GCC Tire Market Key Strategic Imperatives for Success & Growth
19. GCC Tire Market Import & Export Statistics
20. Competition Outlook
20. Competition Matrix
1. Product Portfolio
2. Target Markets
3. Research & Development
4. Strategic Alliances
5. Strategic Initiatives
20. Company Profiles of Top Companies (Business Description, Product Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans)
1. Hankook
2. Bridgestone
3. Goodyear
4. Michelin
5. Continental
6. Toyo
7. Kumho
8. Apollo
9. Dunlop
21. Disclaimer

Report Title: GCC Tire Market Analysis, 2020


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