Bahrain Tire Market Report - By Type of Vehicles (Passenger Cars, Light Commercial Vehicles, Buses & Trucks, Medium & Heavy Commercial Vehicles, Off-the-Road (OTR), Two Wheelers, Three Wheelers), By D... ... hree Wheelers), By Demand Type (OEM, Replacement), By Type of Tire (Radial, Bias), By Sales Channel (Dealer/Exclusive Outlets, Online), By Season (All-Season, Summer), By Price Category (Low (Up to USD90), Medium (USD91-USD140), High (Above USD140)), By Rim Diameter (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”), and others Read more
- Tire
- Aug 2024
- 103
- PDF, Excel, PPT
Market Insights & Analysis: Bahrain Tire Market (2024-30):
The Bahrain Tire Market size was valued at around USD 1.1 billion in 2023 & is estimated to grow at a CAGR of around 5.43% during the forecast period, i.e., 2024-30. Bahrain Tire Market growth can be accredited to increased economic activities in the country and increasing disposable income of the people. Bahrain is a growing economy and there has been growth in every sector in the country in recent years. The Vision 2030 plan has fueled the economy of the country, increased commercial activities, and various mega projects have been launched such as:
| Report Coverage | Details |
|---|---|
| Study Period | Historical Data: 2019-22 |
| Base Year: 2023 | |
| Forecast Period: 2024-30 | |
| CAGR (2024-2030) | 5.43% |
| Region Covered | Central, South, East, West |
| Key Companies Profiled | Continental, Bridgestone, Yokohama, Hankook, Goodyear, Michelin, Kumho, Pirelli, Sumitomo, Toyo and others |
| Market Value (2023) | USD 1.1 Billion |
- The $7 billion Bahrain Petroleum Company (BAPCO) modernization & expansion project
- The $3.5 billion King Hamad Causeway transportation infrastructure project
- The $2 billion Bahrain Metro Project
- A new $355 million gas processing plant
- Major housing and resort projects estimated at $2.2 billion
- Electricity and water delivery projects estimated at $1.1 billion
- Road and sewerage infrastructure projects estimated at $900 million
- The development of five offshore cities off Bahrain’s coastline
- Introduction
- Product Definition
- Research Process
- Assumptions
- Segmentation
- Executive Summary
- Experts Verbatim-What our experts say?
- Bahrain Tire Market Voice of Customer
- Brand Awareness
- End User Expectations
- Key Factors Impacting Vendor Selection
- Key Issues Encountered
- Vendor’s Receptiveness to Address Key Customer Issues
- Future Requirements
- Bahrain Tire Market Analysis, - 2019-2030F
- Market Size & Analysis
- Market Revenue
- Units Sold
- Market Share & Analysis
- 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 (Up to USD)
- Medium (USD-USD)
- High (Above USD)
- By Rim Diameter
- Upto 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”
- By Region
- Central
- South
- East
- West
- By Company
- Revenue Shares
- Strategic Factorial Indexing
- Competitor Placement in MarkNtel Quadrant
- By Type of Vehicles
- Market Size & Analysis
- Bahrain Passenger Car Tire Market Analysis, - 2019-2030F
- Market Size & Analysis
- Market Revenue
- Market Share & Analysis
- By Type of Vehicle
- Sedan
- SUV
- Hatchbacks
- Others
- By Demand Category
- By Type of Tire
- By Sales Channel
- By Season
- By Price Category
- By Rim Diameter
- By Region
- By Type of Vehicle
- Market Size & Analysis
- Bahrain Light Commercial Vehicle Tire Market, - 2019-2030F
- Market Size & Analysis
- Market Revenue
- Market Share & Analysis
- By Type of Vehicle
- Light Trucks
- Light Buses
- Pick-up Trucks and Vans
- By Demand Category
- By Type of Tire
- By Sales Channel
- By Season
- By Price Category
- By Rim Diameter
- By Region
- By Type of Vehicle
- Market Size & Analysis
- Bahrain Medium Heavy Commercial Vehicle Tire Market, - 2019-2030F
- Market Size & Analysis
- Market Revenue
- Market Share & Analysis
- By Type of Vehicle
- Trucks
- Buses
- By Demand Category
- By Type of Tire
- By Sales Channel
- By Season
- By Price Category
- By Rim Diameter
- By Region
- By Type of Vehicle
- Market Size & Analysis
- Bahrain Two-Wheeler Tire Market, - 2019-2030F
- Market Size & Analysis
- Market Revenue
- Market Share & Analysis
- By Type of Vehicle
- Scooters
- Mopeds
- Motorcycles
- By Demand Category
- By Type of Tire
- By Sales Channel
- By Season
- By Price Category
- By Rim Diameter
- By Region
- By Type of Vehicle
- Market Size & Analysis
- Bahrain OTR Vehicle Tire Market, - 2019-2030F
- Market Size & Analysis
- Market Revenue
- Market Share & Analysis
- By Type of Vehicle
- .Earthmoving Equipment
- .Construction and Agricultural Vehicles
- .Material Handling Vehicles
- By Demand Category
- By Type of Tire
- By Sales Channel
- By Season
- By Price Category
- By Rim Diameter
- By Region
- By Type of Vehicle
- Market Share & Analysis
- Bahrain Three-Wheeler Vehicle Tire Market, - 2019-2030F
- Market Size & Analysis
- Market Revenue
- Market Share & Analysis
- By Type of Vehicle
- . Passenger Carrier
- . Load Carrier
- By Demand Category
- By Type of Tire
- By Sales Channel
- By Season
- By Price Category
- By Rim Diameter
- By Region
- By Type of Vehicle
- Market Share & Analysis
- Bahrain Tire Market Policies, Regulations, Product and Services Standards
- Bahrain Tire Market Trends & Insights
- Bahrain Tire Market Dynamics
- Growth Drivers
- Challenges
- Impact Analysis
- Bahrain Tire Market Hotspot & Opportunities
- Bahrain Tire Market Key Strategic Imperatives for Success & Growth
- Bahrain Competition Outlook
- Competition Matrix
- Product and Services Portfolio
- Brand Specialization
- Target Markets
- Target End Users
- Research & Development
- Strategic Alliances
- Strategic Initiatives
- Company Profiles (Business Description, Product and Services Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans)
- Competition Matrix
- 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