Exploring the Ethiopia Two Wheeler Tire Market: Insights, Key Drivers, and Major Players

Introduction to the Ethiopia Two Wheeler Tire Market

Ethiopia is undergoing several development projects to attain stability in its economy, owing to which the government is laying out favorable policies for attracting foreign investments in different industries, including the automotive & tire sectors.

As the country has a prominence of two-wheelers due to heavy traffic congestion & affordability of these vehicles, the tire sector is witnessing a steady growth here. In addition to this, since Ethiopia is driven extensively by tire imports, it has a robust presence & popularity of Chinese tires.

Ethiopia Two Wheeler Tire Key market insights include:

Market Size and Growth: The Ethiopia Two-Wheeler Tire Market is projected to register a considerable CAGR during 2022-27.

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What is driving the growth of the Ethiopia Two Wheeler Tire Market?

Raising Consumer Awareness about Timely Repairs & Replacement of Tires

With a rise in the number of two-wheeler ownerships, customers are becoming increasingly aware of the importance of providing timely repairs & replacement of tires to ensure the utmost safety & long life of their vehicles. It is the most prominent aspect instigating the leading players to increase tire imports & enhance their distribution capacities, i.e., projected to drive the Ethiopia Two-Wheeler Tire Market during 2022-27.

Market Segmentation 

The Ethiopia Two Wheeler Tire Market can be segmented based on several criteria, including:

By Vehicle Type

-Scooter & Moped

-Upto 100cc

-101 cc to 125 cc

-126 cc to 150 cc

-Above 150 cc

-Motorbike

-Upto 100cc

-101cc to 125cc

-126 cc to 150 cc

-Above 150 cc

By Installation

-OEM

By Rim Size

-10” to 16”

-Above 16”

-Replacement

By Rim Size

-10” to 16”

-Above 16”

-Above 15”

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By Tire Type

-Radial

-Bias

By Price Category

-Budget

-Economy

-Premium

By Sales Channel

-Online

-Multi Brand Stores

-Exclusive Outlets

Key Players in the Ethiopia Two Wheeler Tire Market

The Ethiopia Two Wheeler Tire Market is highly competitive, with several key players dominating the landscape. These companies are investing heavily in research and development to stay ahead of the competition and meet the evolving needs of their customers. Some of the prominent players in the Ethiopia Two Wheeler Tire Market include:

• MRF
• Bridgestone
• Maxxis
• CEAT
• Sumitomo
• Apollo
• Michelin
• Continental
• Pirelli
• Goodyear etc.

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Questions Addressed in this Study

1.What factors are driving the Ethiopia Two Wheeler Tire Market growth?

2.How is the Ethiopia Two Wheeler Tire Market expected to grow over the next five years?

3.What are the key insights into the current trends in the Ethiopia Two Wheeler Tire Market?

4.What is the current size of the Ethiopia Two Wheeler Tire Market, and how is it projected to change in the future?

6.What is the future outlook for the Ethiopia Two Wheeler Tire Market in terms of technological advancements and market expansion?

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