Egypt Passenger Car Tire Market Overview
As per recent research by MarkNtel Advisors, the Egypt Passenger Car Tire Market is estimated to grow at a CAGR of around 6.23% during the forecast period, i.e., 2024-29.
Egypt Passenger Car Tire Market Dynamics
Market Drivers : Government Emphasis on Road Safety Accelerating Growth of Egypt’s Passenger Car Tire –
Over the past few years, there has been a surge in road accidents due to factors such as overspeeding, tire defects, and others. According to the American University in Cairo, the country per year witnesses around 12,000 fatalities. These accidents also poorly affect the economy of the country. In addition, as per Al-Monitor, in 2022, road accidents in Egypt led to the loss of approximately 3% of the overall country’s GDP. One of the reasons behind the road accidents is the usage of deteriorated tires, leading to less traction between the tire & roads.
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Egypt Passenger Car Tire Market Segmentation Overview 2024-2029: Key Factors
By Vehicle Type
-Sedan- Market Size & Forecast 2019-2029, Units Sold (Thousand Units)
-SUV- Market Size & Forecast 2019-2029, Units Sold (Thousand Units)
-Hatchback-Market Size & Forecast 2019-2029, Units Sold (Thousand Units)
By Demand Type
-OEM – Market Size & Forecast 2019-2029, Units Sold (Thousand Units)
-Aftermarket – Market Size & Forecast 2019-2029, Units Sold (Thousand Units)
By Sales Channel
-Direct Sales- Market Size & Forecast 2019-2029, Units Sold (Thousand Units)
-Multi Brand Stores & Exclusive Outlets- Market Size & Forecast 2019-2029, Units Sold (Thousand Units)
-Online- Market Size & Forecast 2019-2029, Units Sold (Thousand Units)
By Tire Type
-Radial- Market Size & Forecast 2019-2029, Units Sold (Thousand Units)
-Bias- Market Size & Forecast 2019-2029, Units Sold (Thousand Units)
By Tire Size
-Tire Size 1- Market Size & Forecast 2019-2029, Units Sold (Thousand Units)
-Tire Size 2- Market Size & Forecast 2019-2029, Units Sold (Thousand Units)
-Tire Size 3-Market Size & Forecast 2019-2029, Units Sold (Thousand Units)
-Tire Size 4-Market Size & Forecast 2019-2029, Units Sold (Thousand Units)
-Tire Size 5-Market Size & Forecast 2019-2029, Units Sold (Thousand Units)
By Price Category
-Budget- Market Size & Forecast 2019-2029, Units Sold (Thousand Units)
-Economy- Market Size & Forecast 2019-2029, Units Sold (Thousand Units)
-Premium- Market Size & Forecast 2019-2029, Units Sold (Thousand Units)
By Season
-Summer- Market Size & Forecast 2019-2029, Units Sold (Thousand Units)
-Winter- Market Size & Forecast 2019-2029, Units Sold (Thousand Units)
-All-Season- Market Size & Forecast 2019-2029, Units Sold (Thousand Units)
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Egypt Passenger Car Tire Market Geographical Insights:
By Region:
-East
-West
Key Players and Competitive Strategies in the Egypt Passenger Car Tire Market
Several prominent players dominate the Egypt Passenger Car Tire Market, including:
- Bridgestone Corporation
- Michelin
- Continental Tires AG
- Pirelli Tyre S.p.A
- Trenco Transport and Engineering Co.
- Goodyear Tire and Rubber Company
- Falken Tires
- Lassa Tyres
- Others
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Questions Addressed in this Study
1.How big is the Egypt Passenger Car Tire Market Size?
2.What is the Egypt Passenger Car Tire Market Growth?
3.Who are the key players of the Egypt Passenger Car Tire Market?
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