Middle East Two-Wheeler Tire Market Witness Highest Growth at a CAGR of 4.12% by 2030

MarkNtel Advisors – Leading Market Research Company found Middle East Two-Wheeler Tire Market is expected to reach 4.12% CAGR Growth By 2030.

This report provides a comprehensive analysis of the Middle East Two-Wheeler Tire Market, with a focus on market size, segmentation, key players, geographical analysis, and growth in the coming years. The expert team of analysts invested considerable time and effort in collecting and analyzing the latest market data, producing a comprehensive and current report that provides valuable insights for decision-makers, including business owners and analysts.

Comprehensive Analysis of the Middle East Two-Wheeler Tire Market

Base Year: 2023

Forecast Years: 2024-2030

Historical Years: 2019-2022

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Scope of the Middle East Two-Wheeler Tire Market Report:

The Middle East Two-Wheeler Tire Market size is estimated to grow at a CAGR of around 4.12% during the forecast period, i.e., 2024-30. The Middle East's improved tourism, infrastructure, rapid urbanization, and e-commerce have all boosted demand for dependable, efficient forms of transportation that save time. As a result, vehicles such as motorcycles, scooters, and mopeds are becoming increasingly popular across the region.

Which prominent factor is expected to drive the Middle East Two-Wheeler Tire Market during 2024-30?

Rising Inbound Tourism Driving the Demand for Two-Wheeler Taxis – Middle Eastern Countries are emerging as favorite tourist destinations owing to the rising live events and presence of cultural heritage sites. These countries witness the arrival of inbound foreign travelers from different countries across the Globe. According to the Statistics provided by the United Nations World Tourism Organization, Dubai registered the arrival of more than 17 million foreign travelers in 2023. These tourists rely heavily on the rental of two-wheeler taxis to explore the country at their own pace. Therefore, these foreign travelers use rental scooters & motorcycles during their visit. This surging usage of the two-wheelers by tourists amplifies tire deterioration. As a result, the vehicles undergo frequent tire replacement, uplifting Middle East Two-Wheeler Tire Market. Moreover, the tourism sector in the Middle Eastern nations is resulting in uplifting the country’s economy. Owing to this, governing authorities of these nations are laying tourist programs that target to welcome more tourists in their country. The arrival of more travelers in these nations would further increase the demand for the two-wheeler, amplifying the Middle East Two-Wheeler Tire market.

What are the different Segment Available in the Middle East Two-Wheeler Tire Market?

By Vehicle Type

Scooter & Moped - Market Size & Forecast 2019-2030F, Thousand Units
Motorcycle - Market Size & Forecast 2019-2030F, Thousand Units

By Propulsion

ICE–Market Size & Forecast 2019–2030F, Thousand Units
Electric–Market Size & Forecast 2019–2030F, Thousand Units

By Demand Type

OEM-Market Size & Forecast 2019-2030F, Thousand Units
Replacement - Market Size & Forecast 2019-2030F, Thousand Units

By Sales Channel

Direct Sales-Market Size & Forecast 2019-2030F, Thousand Units
Exclusive Outlets-Market Size & Forecast 2019-2030F, Thousand Units
Multi Brand Stores-Market Size & Forecast 2019-2030F, Thousand Units
Online- Market Size & Forecast 2019-2030F, Thousand Units

By Tire Type

Radial- Market Size & Forecast 2019-2030F, Thousand Units
Bias- Market Size & Forecast 2019-2030F, Thousand Units

By Tire Size

Tire Size 1-Market Size & Forecast 2019-2030F, Thousand Units
Tire Size 2-Market Size & Forecast 2019-2030F, Thousand Units
Tire Size 3-Market Size & Forecast 2019-2030F, Thousand Units
Tire Size 4-Market Size & Forecast 2019-2030F, Thousand Units
Tire Size 5-Market Size & Forecast 2019-2030F, Thousand Units

By Price Category

Budget-Market Size & Forecast 2019-2030F, Thousand Units
Economy-Market Size & Forecast 2019-2030F, Thousand Units
Premium-Market Size & Forecast 2019-2030F, Thousand Units

By Country

The UAE
Saudi Arabia
Qatar
Kuwait
Oman
Bahrain
Turkey
Rest of the Middle East.

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Leading Middle East Two-Wheeler Tire companies operating in the Market

Bridgestone Corporation
Michelin
Continental AG
Pirelli Tyre S.p.A
Goodyear Tire & Rubber Company
Maxxis International
Sumitomo Rubber Industries Ltd.
Dunlop
Kenda Tires
Mitas
Others.

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