Middle East and Africa Truck & Bus Tire Market Size, Share & Trends [2030]

Middle East and Africa Truck & Bus Tire Market Research Report: Forecast (2024-2030)

Middle East and Africa Truck & Bus Tire Market Report - By Type of Vehicle (Truck, [Light Trucks, Medium & Heavy Trucks], Bus, [Light Buses, Medium & Heavy Buses]), By Application (Public Transport, G... ... (Public Transport, General Cargo Transport, Building & Construction, Agriculture Transportation, Others (Chemical Transportation, Mining Transportation, etc.)), By Demand Type (OEM, Aftermarket), By Price Category (Budget, Premium, Economy), By Tire Type (Radial, Bias), By Tire Size (Tire Size 1, Tire Size 2, Tire Size 3, Tire Size 4, Tire Size 5), By Sales Channel (Direct Sales, Multi Brand Stores & Exclusive Outlets, Online), Others Read more

Tire
Mar 2024
Pages 148
Report Format: PDF, Excel, PPT

Market Definition

Truck and bus tires are heavy-duty vehicle tires specifically designed to meet the demanding requirements of heavy-duty vehicles used for transportation and logistics. These tires are characterized by their robust construction, high load-bearing capacity, and durability, which are essential for withstanding the weight and rigors of long-haul journeys. They often feature deeper tread patterns and wider grooves to enhance traction and provide stability, especially when navigating through challenging terrain or adverse weather conditions.

Market Insights & Analysis: The Middle East and Africa Truck & Bus Tire Market (2024-30):

The Middle East and Africa Truck & Bus Tire Market size is estimated to grow at a CAGR of around 6.6% during the forecast period, i.e., 2024–30. The market growth imputes the surging transportation of goods and passengers in the region. Economic expansion and urbanization have accelerated construction and infrastructure development, increasing demand for products and passenger transportation in the region. These projects include road construction, highway extensions, and transportation network enhancements, all of which aim to improve connectivity and facilitate the efficient flow of goods and people across the region. With surging transportation activities, the demand for trucks and buses arises, ultimately creating the demand for truck and bus tires in the Middle East and African countries.

Report Coverage	Details
Study Period	Historical Data: 2019-22
	Base Year: 2023
	Forecast Period: 2024-30
CAGR (2024-2030)	6.6%
Country Covered	The UAE, Saudi Arabia, Oman, Qatar, Kuwait, Bahrain, Morocco , Egypt, Israel, South Africa, Nigeria, Rest of the Middle East & Africa
Key Companies Profiled	Michelin Middle East, Goodyear Tire and Rubber Industries, Bridgestone Middle East and Africa FZE, Sumitomo Rubber Industries, Kumho Tire Co., Inc., Apollo Tyres Ltd., The Yokohama Rubber Co., Ltd., JK Tires and Industries Ltd., Hankook Middle East and Africa, Continental AG, Maxxis Tyre, Hangchou Zhongce Rubber Co. Ltd. (ZC Rubber), and others
Unit Denominations	USD Million/Billion

Furthermore, the Middle East and Africa region acts as a major hub for international trade and commerce, with ports, airports, and free trade zones that facilitate cross-continental trade. Trucks deliver commodities to and from ports, airports, and logistical centers, connecting worldwide supply networks and increasing demand for truck tires. Additionally, the logistics services in the region are expanding their services to provide efficient distribution solutions, further creating demand for trucks in the region. For Instance,

In 2023, AJEX Logistics Services launched several new domestic and international end-to-end integrated logistics services for connecting B2B and B2C customers across the UAE, GCC, and internationally.

With the surging logistics in the region, the demand for trucks for the distribution of goods has been rising, ultimately creating the demand for truck tires and augmenting the growth of the Middle East and Africa Truck Tires Market.

Furthermore, the advent of government projects such as Abu Dhabi Economic Vision 2030 and Saudi Vision 2030, which aim to increase the country's visitor intake, has resulted in the development of commercial sector construction. The boom in the construction of malls, resorts, and other tourist attractions in the countries has resulted in an increase in GDP from the tourism sector. This involves the construction of roads, highways, and transportation hubs, which raises demand for commercial vehicles like buses and trucks, driving up demand for bus and truck tires.

Market Segmentation
Introduction
1. Research Process
2. Assumption
3. Market Definition
Executive Summary
The Middle East & Africa Truck and Bus Tire Market Trends & Development
The Middle East & Africa Truck and Bus Tire Market Dynamics
1. Growth Drivers
2. Challenges
The Middle East & Africa Truck and Bus Tire Market Hotspot and Opportunities
The Middle East & Africa Truck and Bus Tire Market Supply Chain Analysis
The Middle East & Africa Truck and Bus Sales Statistics, By Country
1. The UAE
2. Saudi Arabia
3. Oman
4. Qatar
5. Kuwait
6. Bahrain
7. Morocco
8. Egypt
9. Israel
10. South Africa
11. Nigeria
The Middle East & Africa Truck and Bus Fleet Analysis, By Country (On best effort basis)
The Middle East & Africa Truck and Bus Tire Market, Import-Export Statistics
The Middle East & Africa Truck and Bus Tire Market Policies, Regulations, and Product Standards
The Middle East & Africa Truck and Bus Tire Market Outlook, 2019-2030F
1. Market Size and Analysis
  1. By Revenues (USD Million)
  2. By Units Sold (Thousand)
2. Market Share and Analysis
  1. By Type of Vehicle
    1. Truck- Market Size & Forecast 2019-2030 (Thousand Units)
      1. Light Trucks- Market Size & Forecast 2019-2030 (Thousand Units)
      2. Medium & Heavy Trucks- Market Size & Forecast 2019-2030 (Thousand Units)
    2. Bus- Market Size & Forecast 2019-2030 (Thousand Units)
      1. Light Buses- Market Size & Forecast 2019-2030 (Thousand Units)
      2. Medium & Heavy Buses- Market Size & Forecast 2019-2030 (Thousand Units)
  2. By Application
    1. Public Transport- Market Size & Forecast 2019-2030 (Thousand Units)
    2. General Cargo Transport- Market Size & Forecast 2019-2030 (Thousand Units)
    3. Building & Construction- Market Size & Forecast 2019-2030 (Thousand Units)
    4. Agriculture Transportation- Market Size & Forecast 2019-2030 (Thousand Units)
    5. Others (Chemical Transportation, Mining Transportation, etc.) - Market Size & Forecast 2019-2030 (Thousand Units)
  3. By Demand Type
    1. OEM- Market Size & Forecast 2019-2030 (Thousand Units)
    2. Aftermarket- Market Size & Forecast 2019-2030 (Thousand Units)
  4. By Price Category
    1. Budget- Market Size & Forecast 2019-2030 (Thousand Units)
    2. Premium- Market Size & Forecast 2019-2030 (Thousand Units)
    3. Economy- Market Size & Forecast 2019-2030 (Thousand Units)
  5. By Tire Type
    1. Radial- Market Size & Forecast 2019-2030, (Thousand Units)
    2. Bias- Market Size & Forecast 2019-2030, (Thousand Units)
  6. By Tire Size
    1. Tire Size 1- Market Size & Forecast 2019-2030 (Thousand Units)
    2. Tire Size 2-Market Size & Forecast 2019-2030 (Thousand Units)
    3. Tire Size 3- Market Size & Forecast 2019-2030 (Thousand Units)
    4. Tire Size 4- Market Size & Forecast 2019-2030 (Thousand Units)
    5. Tire Size 5- Market Size & Forecast 2019-2030 (Thousand Units)
  7. By Sales Channel
    1. Direct Sales- Market Size & Forecast 2019-2030, (Thousand Units)
    2. Multi Brand Stores & Exclusive Outlets- Market Size & Forecast 2019-2030, (Thousand Units)
    3. Online- Market Size & Forecast 2019-2030, (Thousand Units)
  8. By Country
    1. The UAE
    2. Saudi Arabia
    3. Oman
    4. Qatar
    5. Kuwait
    6. Bahrain
    7. Morocco
    8. Egypt
    9. Israel
    10. South Africa
    11. Nigeria
    12. Rest of the Middle East & Africa
The UAE Truck and Bus Tire Market Outlook, 2019-2030F
1. Market Size and Analysis
  1. By Revenues (USD Million)
  2. By Units Sold (Thousands)
2. Market Share and Analysis
  1. By Type of Vehicle- Market Size & Forecast 2019-2030, (Thousand Units)
  2. By Application- Market Size & Forecast 2019-2030, (Thousand Units)
  3. By Demand Type- Market Size & Forecast 2019-2030, (Thousand Units)
  4. By Price Category- Market Size & Forecast 2019-2030, (Thousand Units)
  5. By Tire Size- Market Size & Forecast 2019-2030, (Thousand Units)
  6. By Sales Channel- Market Size & Forecast 2019-2030, (Thousand Units)
Saudi Arabia Truck and Bus Tire Market Outlook, 2019-2030F
1. Market Size and Analysis
  1. By Revenues (USD Million)
  2. By Units Sold (Thousands)
2. Market Share and Analysis
  1. By Type of Vehicle- Market Size & Forecast 2019-2030, (Thousand Units)
  2. By Application- Market Size & Forecast 2019-2030, (Thousand Units)
  3. By Demand Type- Market Size & Forecast 2019-2030, (Thousand Units)
  4. By Price Category- Market Size & Forecast 2019-2030, (Thousand Units)
  5. By Tire Size- Market Size & Forecast 2019-2030, (Thousand Units)
  6. By Sales Channel- Market Size & Forecast 2019-2030, (Thousand Units)
Oman Truck and Bus Tire Market Outlook, 2019-2030F
1. Market Size and Analysis
  1. By Revenues (USD Million)
  2. By Units Sold (Thousands)
2. Market Share and Analysis
  1. By Type of Vehicle- Market Size & Forecast 2019-2030, (Thousand Units)
  2. By Application- Market Size & Forecast 2019-2030, (Thousand Units)
  3. By Demand Type- Market Size & Forecast 2019-2030, (Thousand Units)
  4. By Price Category- Market Size & Forecast 2019-2030, (Thousand Units)
  5. By Tire Size- Market Size & Forecast 2019-2030, (Thousand Units)
  6. By Sales Channel- Market Size & Forecast 2019-2030, (Thousand Units)
Qatar Truck and Bus Tire Market Outlook, 2019-2030F
1. Market Size and Analysis
  1. By Revenues (USD Million)
  2. By Units Sold (Thousands)
2. Market Share and Analysis
  1. By Type of Vehicle- Market Size & Forecast 2019-2030, (Thousand Units)
  2. By Application- Market Size & Forecast 2019-2030, (Thousand Units)
  3. By Demand Type- Market Size & Forecast 2019-2030, (Thousand Units)
  4. By Price Category- Market Size & Forecast 2019-2030, (Thousand Units)
  5. By Tire Size- Market Size & Forecast 2019-2030, (Thousand Units)
  6. By Sales Channel- Market Size & Forecast 2019-2030, (Thousand Units)
Kuwait Truck and Bus Tire Market Outlook, 2019-2030F
1. Market Size and Analysis
  1. By Revenues (USD Million)
  2. By Units Sold (Thousands)
2. Market Share and Analysis
  1. By Type of Vehicle- Market Size & Forecast 2019-2030, (Thousand Units)
  2. By Application- Market Size & Forecast 2019-2030, (Thousand Units)
  3. By Demand Type- Market Size & Forecast 2019-2030, (Thousand Units)
  4. By Price Category- Market Size & Forecast 2019-2030, (Thousand Units)
  5. By Tire Size- Market Size & Forecast 2019-2030, (Thousand Units)
  6. By Sales Channel- Market Size & Forecast 2019-2030, (Thousand Units)
Bahrain Truck and Bus Tire Market Outlook, 2019-2030F
1. Market Size and Analysis
  1. By Revenues (USD Million)
  2. By Units Sold (Thousands)
2. Market Share and Analysis
  1. By Type of Vehicle- Market Size & Forecast 2019-2030, (Thousand Units)
  2. By Application- Market Size & Forecast 2019-2030, (Thousand Units)
  3. By Demand Type- Market Size & Forecast 2019-2030, (Thousand Units)
  4. By Price Category- Market Size & Forecast 2019-2030, (Thousand Units)
  5. By Tire Size- Market Size & Forecast 2019-2030, (Thousand Units)
  6. By Sales Channel- Market Size & Forecast 2019-2030, (Thousand Units)
Morocco Truck and Bus Tire Market Outlook, 2019-2030F
1. Market Size and Analysis
  1. By Revenues (USD Million)
  2. By Units Sold (Thousands)
2. Market Share and Analysis
  1. By Type of Vehicle- Market Size & Forecast 2019-2030, (Thousand Units)
  2. By Application- Market Size & Forecast 2019-2030, (Thousand Units)
  3. By Demand Type- Market Size & Forecast 2019-2030, (Thousand Units)
  4. By Price Category- Market Size & Forecast 2019-2030, (Thousand Units)
  5. By Tire Size- Market Size & Forecast 2019-2030, (Thousand Units)
  6. By Sales Channel- Market Size & Forecast 2019-2030, (Thousand Units)
Egypt Truck and Bus Tire Market Outlook, 2019-2030F
1. Market Size and Analysis
  1. By Revenues (USD Million)
  2. By Units Sold (Thousands)
2. Market Share and Analysis
  1. By Type of Vehicle- Market Size & Forecast 2019-2030, (Thousand Units)
  2. By Application- Market Size & Forecast 2019-2030, (Thousand Units)
  3. By Demand Type- Market Size & Forecast 2019-2030, (Thousand Units)
  4. By Price Category- Market Size & Forecast 2019-2030, (Thousand Units)
  5. By Tire Size- Market Size & Forecast 2019-2030, (Thousand Units)
  6. By Sales Channel- Market Size & Forecast 2019-2030, (Thousand Units)
Israel Truck and Bus Tire Market Outlook, 2019-2030F
1. Market Size and Analysis
  1. By Revenues (USD Million)
  2. By Units Sold (Thousands)
2. Market Share and Analysis
  1. By Type of Vehicle- Market Size & Forecast 2019-2030, (Thousand Units)
  2. By Application- Market Size & Forecast 2019-2030, (Thousand Units)
  3. By Demand Type- Market Size & Forecast 2019-2030, (Thousand Units)
  4. By Price Category- Market Size & Forecast 2019-2030, (Thousand Units)
  5. By Tire Size- Market Size & Forecast 2019-2030, (Thousand Units)
  6. By Sales Channel- Market Size & Forecast 2019-2030, (Thousand Units)
South Africa Truck and Bus Tire Market Outlook, 2019-2030F
1. Market Size and Analysis
  1. By Revenues (USD Million)
  2. By Units Sold (Thousands)
2. Market Share and Analysis
  1. By Type of Vehicle- Market Size & Forecast 2019-2030, (Thousand Units)
  2. By Application- Market Size & Forecast 2019-2030, (Thousand Units)
  3. By Demand Type- Market Size & Forecast 2019-2030, (Thousand Units)
  4. By Price Category- Market Size & Forecast 2019-2030, (Thousand Units)
  5. By Tire Size- Market Size & Forecast 2019-2030, (Thousand Units)
  6. By Sales Channel- Market Size & Forecast 2019-2030, (Thousand Units)
Nigeria Truck and Bus Tire Market Outlook, 2019-2030F
1. Market Size and Analysis
  1. By Revenues (USD Million)
  2. By Units Sold (Thousands)
2. Market Share and Analysis
  1. By Type of Vehicle- Market Size & Forecast 2019-2030, (Thousand Units)
  2. By Application- Market Size & Forecast 2019-2030, (Thousand Units)
  3. By Demand Type- Market Size & Forecast 2019-2030, (Thousand Units)
  4. By Price Category- Market Size & Forecast 2019-2030, (Thousand Units)
  5. By Tire Size- Market Size & Forecast 2019-2030, (Thousand Units)
  6. By Sales Channel- Market Size & Forecast 2019-2030, (Thousand Units)
The Middle East & Africa Truck and Bus Tire Market Key Strategic Imperatives for Growth and Success
Competitive Outlook
1. Company Profiles
  1. Michelin Middle East
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  2. Goodyear Tire and Rubber Industries
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  3. Bridgestone Middle East and Africa FZE
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  4. Sumitomo Rubber Industries
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  5. Kumho Tire Co., Inc.
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  6. Apollo Tyres Ltd.
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  7. The Yokohama Rubber Co., Ltd.
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  8. JK Tires and Industries Ltd.
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  9. Hankook Middle East and Africa
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  10. Continental AG
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  11. Maxxis Tyre
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  12. Hangchou Zhongce Rubber Co. Ltd. (ZC Rubber)
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  13. Others
Disclaimer

MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:

1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.

2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.

3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.

4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making

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