Bangladesh Tire Market Research Report: Forecast (2022-27)

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Bangladesh Tire Market Size and Share Analysis
with Leading Key Players Forecast 2027
The Bangladesh Tire Market is projected to grow
at a CAGR of around 2.4 during the forecast
period, i.e., 2022-27
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Market Insights

• The Bangladesh Tire Market is projected to grow
  at a CAGR of around 2.4 during the forecast
  period, i.e., 2022-27. Since Bangladesh mostly
  relies on the import of tires automobile
  components for the sustainability of its
  automotive sector, the tire market might witness
  slow growth in the coming years. It owes
  principally to the implementation of several
  policies by the Bangladesh government emphasizing
  the development of road infrastructure.
• It shall augment the vehicle sales in the country
  and make a direct impact on the tire industry
  over the forecast years. Besides, the country's
  mounting demand-supply gap and its import
  dependence on countries like China, India, Japan,
  Indonesia are generating growth opportunities
  for the leading players to bridge the gap enter
  the tire market.

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Bangladesh Tire Market Leading key players

• Bridgestone, Goodyear and Dunlop Tyres,
  Continental, Yokohama, Michelin, Hankook, Toyo,
  MRF Tyres, Apollo Tyres

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Bangladesh Tire Market Segmentation Analysis

• By Type of Vehicles (Passenger Car, Light
  Commercial Vehicle, Medium and Heavy Commercial
  Vehicles, Off the Road (OTR), Two Wheelers, Three
  Wheeler),
• By Demand Category (OEM and Replacement),
• By Type of Tires (Radial and Bias), By Sales
  Channel (Dealer/Exclusive Outlets, Online and
  Others),
• By Season (All season and Summer),
• By Price Category (Low, Medium, High),
• 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, Above 47)

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Major Target Areas
Low Focus Geographies

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