Botswana Tire

Botswana Tire Market Research Report Forecast: (2021-2026)

By Vehicle Type (Passenger Cars (SUV, Sedan, Hatchback & Bakkies), Light Commercial Vehicles (LCV) (Light Trucks, Light Buses, Pickup Trucks & Vans), Medium & Heavy Commercial Vehicles (Bus, Truck), T Read more

  • Tire
  • Nov 2021
  • 153
  • TR10236

Market Definition

The tire industry in Botswana is driven mainly by imports since the country does not have manufacturing facilities for tire production. The government is focusing on improving the trade business by laying out favorable policies and enhancing the county's infrastructure, i.e., displaying significant construction & mining activities to attract foreign investments & leading companies for establishing tire production facilities in the country.

Market Insights

The Botswana Tire Market is projected to grow at a CAGR of around 5% during the forecast period, i.e., 2021-26. The growth of the market is likely to be driven primarily by the increasing construction activities toward infrastructural developments in Botswana entwined with favorable government policies associated with the import, production, & distribution of tires across the country.

Report Coverage Details
Study Period Historical Data: 2016-19
Base Year: 2020
Forecast Period: 2021-26
CAGR(2021-26) 5%
Key Companies Profiled Dunlop Tyres, MRF Tires, Apollo, Vredestien, Bridgestone Corp., TVS Tires
Unit Denominations USD Million/Billion

 

Botswana is rich in diamonds, i.e., a prominent source of income for the country. Hence, the number of mining activities is rapidly escalating in the country and propelling the need for heavy commercial vehicles & mining equipment. Due to this, the demand for robust Off-the-Road tires is mounting and, in turn, fueling the overall growth of the Botswana Tire Market through 2026. 

Moreover, swiftly improving road connectivity, coupled with the increasing inclination of people toward private vehicle ownership, are leading to the growing vehicle sales & fleet, which, in turn, is projecting a burgeoning demand for tires through 2026.

Impact of Covid-19 on the Botswana Tire Market

The advent of Covid-19 in 2020 had a decelerating impact on most industries, and the Botswana Tire Market was no exception. The imposition of stringent movement restrictions, lockdown, & travel bans by the government to curb the spread of this dreadful disease resulted in several unprecedented challenges for the market growth.

Cross-border trade barriers led to a temporary halt on tire imports. On the other hand, prominent players observed severe disruptions in the supply chain of raw materials, a shortage of human power, & demand-supply gaps. Additionally, delays in the distribution & production of tires entwined with the shutdown of manufacturing units further introduced massive financial losses to the manufacturers.

However, with the gradual improvement in the pandemic situation, the government uplifted the restrictions & allowed the recommencement of operations associated with the import, distribution, & production of tires after observing a swift decline in the Covid-19 cases. Currently, the leading players are witnessing significant growth opportunities & have raised their demand for tire imports to meet the burgeoning consumer requirements across the country.

  1. Introduction
    1. Product Definition
    2. Research Process
    3. Assumptions
    4. Market Segmentation
  2. Preface
  3. Executive Summary
  4. Impact of COVID-19 on Botswana Tire Market
  5. Expert Verbatim-Interview Excerpts of industry experts
  6. Botswana Tire Market Analysis, 2016-2026F
    1. Market Size & Analysis
      1. Revenues in (USD Billion)
      2. Units Sold in Million
    2. 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 Sales Channel
        1. Online
        2. Dealers/ Exclusive Outlets
        3. Others
      6. 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”
      7. By Price Category
        1. Low
        2. Medium
        3. High
      8. By Company
        1. Market Shares, By Revenue
        2. Strategic Factorial Indexing
        3. Competitor Placement in MarkNtel Quadrant
    3. Market Attractiveness Index
      1. By Type of Vehicle
      2. By Demand Type
      3. By Type of Tire
      4. By Season
      5. By Sales Channel
      6. By Rim Size
      7. By Price Category
      8. By Region
      9. By Country
    4. By Competitors
      1. Total Units Sold
      2. Market Share
  7. Botswana Passenger Car Tire Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. Units Sold in Million
      2. Revenues in USD Billion
    2. Market Share & Analysis
      1. By Type of Vehicle
        1. Sedan
        2. SUV
        3. Hatchbacks & Others
      2. OEM Vs Replacement
      3. By Radial Vs Bias
      4. By Season
      5. By Sales Channel
      6. By Tire Rim Size
      7. By Leading Companies
    3. Passenger Car Tire Market Attractiveness Indexing
      1. By Type of Vehicle
      2. By Season
      3. By Sales Channel
  8. Botswana Light Commercial Vehicle Tire Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. Units Sold in Million
      2. Revenues in USD Billion
    2. Market Share & Analysis
      1. By Type of Vehicle
        1. Light Trucks
        2. Light Buses
        3. Pick-Up Trucks & Vans
      2. OEM Vs Replacement
      3. By Radial Vs Bias
      4. By Season
      5. By Sales Channel
      6. By Tire Rim Size
      7. By Leading Companies
    3. Light Commercial Vehicle Tire Market Attractiveness Indexing
      1. By Type of Vehicle
      2. By Season
      3. By Sales Channel
  9. Botswana Medium & Heavy Commercial Vehicle Tire Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. Units Sold in Million
      2. Revenues in USD Billion
    2. Market Share & Analysis
      1. By Type of Vehicle
        1. Trucks
        2. Bus
      2. OEM Vs Replacement
      3. By Radial Vs Bias
      4. By Season
      5. By Sales Channel
      6. By Tire Rim Size
      7. By Leading Companies
    3. Medium & Heavy Commercial Vehicle Tire Market Attractiveness Indexing
      1. By Type of Vehicle
      2. By Season
      3. By Sales Channel
  10. Botswana Two-Wheeler Tire Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. Units Sold in Million
      2. Revenues in USD Billion
    2. Market Share & Analysis
      1. By Type of Vehicle
        1. Motorcycles
        2. Scooters & Mopeds
      2. OEM Vs Replacement
      3. By Radial Vs Bias
      4. By Season
      5. By Sales Channel
      6. By Tire Rim Size
      7. By Leading Companies
    3. Two-Wheeler Tire Market Attractiveness Indexing
      1. By Type of Vehicle
      2. By Season
      3. By Sales Channel
  11. Botswana OTR Vehicle Tire Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. Units Sold in Million
      2. Revenues in USD Billion
    2. Market Share & Analysis
      1. By Type of Vehicle
        1. Earth Moving Equipment
        2. Construction & Agricultural Vehicle
        3. Material Handling Equipment
      2. OEM Vs Replacement
      3. By Radial Vs Bias
      4. By Season
      5. By Sales Channel
      6. By Tire Rim Size
      7. By Leading Companies
    3. OTR Vehicle Tire Market Attractiveness Indexing
      1. By Type of Vehicle
      2. By Season
      3. By Sales Channel
  12. Botswana Tire Market Value Chain Analysis
    1. Key Stakeholders in Value Chain
    2. Margin at Various Levels
  13. Botswana Tire Market Regulations, Policies, Regulation, Product Benchmarks
  14. Botswana Tire Market Trends & Insights
  15. Botswana Tire Market Dynamics
    1. Drivers
    2. Challenges
    3. Impact Analysis
  16. Botswana Tire Market Hotspot & Opportunities
  17.  Botswana Tire Market Key Strategic Imperatives for Success & Growth
  18. Botswana Tire Market Import & Export Statistics
  19. Competition Outlook
    1. Competition Matrix
      1. Product Portfolio
      2. Target Markets
      3. Research & Development
      4. Strategic Alliances
      5. Strategic Initiatives
    2. Company Profiles of Top Companies (Business Description, Product Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans)
      1. Dunlop Tyres
      2. MRF Tires
      3. Apollo Vredestien
      4. Bridgestone Corp.
      5. TVS Tires
  20. Disclaimer
Botswana Tire Market Segmentation
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