The growth of the middle class population & economic expansion is the growth opportunity driving the Egypt Two-wheeler Tire Market
According to MarkNtel Advisors study, The Egypt Two-wheeler Tire Market is estimated to grow at a CAGR of around 8.37% during the forecast period, i.e., 2024-30.
The surge in traffic congestion, coupled with the growing internet penetration and smartphone usage, is driving the adoption of ride-hailing services across Egypt. Urban centers like Cairo, Alexandria, and Giza are particularly affected by increasing congestion due to urbanization. In response, residents are turning to two-wheelers as a practical solution for navigating crowded streets.
In response to the challenges posed by heightened traffic congestion, residents in these cities are increasingly adopting two-wheelers as a practical and efficient means of navigating through congested urban environments. The demand for two-wheeler ride-hailing services has consequently witnessed a notable increase. Thus, cities like Alexandria, Cairo, Giza, etc., are emerging as hotbeds for ride-hailing app usage. The high usage of bike taxis in the region is resulting in wear & tear of the tire, enhancing the requirement for replacement at frequent time intervals, thereby propelling the Egypt Two-wheeler Tire Market Size.
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Key Findings in Egypt Two-wheeler Tire Market:
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Historical Years |
2019-2022 |
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Base Years |
2023 |
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Forecast Years |
2024-2030 |
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Key Report Highlights |
· Market Dimensions & Projections
· Pricing Evaluation, · Recent Strategic Moves by Companies, · Primary Stakeholders, · Analysis of Import and Export Trends, · Competitive Landscape Assessment, · Emerging Opportunities, · Market Trends and Indicators |
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Reports Delivery Format
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Market research studies from MarkNtel Advisors are offered in PDF, Excel and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address. |
Egypt Two-wheeler Tire Market Key Players:
Bridgestone Corporation, Goodyear Tire and Rubber Company (Dunlop), Michelin, Continental AG, Yokohama TWS, Pirelli Tyre S.p.A, Metzeler, Shinko Tyres, Pyramid Tire Co., CEAT, and Others
Market Segmentation Overview:
By Vehicle Type
-Scooter and Moped
-Motorcycle
Motorcycle is estimated to dominate the Egypt Two-wheeler Tire Market during the forecast period owing to the rising demand for motorcycles from logistics & food delivery companies, the launch of new variant motorcycles, etc. The demand for motorcycles from logistics companies & food-delivery companies has been consistently growing in Egypt, mainly due to traffic congestion problems & time-bound deliveries.
Food delivery companies such as Talabat, McDonald’s, Pizza Hut, etc., which have been using motorcycles for quick food delivery services to consumers, have further contributed to fueling the demand for motorcycles in the country. These logistics & food delivery companies using motorcycles for deliveries have led to the surged tire demand for motorcycles due to the wear & tear of tires, contributing to the increased share of motorcycle tires in the market.
By Demand Type
-OEMs
-Replacement
By Tire Type
-Radial
-Bias
By Price Category
-Budget (Up to USD11)
-Economy (USD12 to 30)
-Premium (Above USD30)
By Sales Channel
-Online
-Multi Brand Stores
-Exclusive Outlets
-Direct Sales
By Tire Size
-120/70-14
-80/100-17
-100/90-17
-2.90/90-12
-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
- Cairo
- Dakahlia
- Gaza
- Alexandria
- Others
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