Aarkstore - Saudi Arabia Tyre Market Forecast and Opportunities, 2019

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Category Automotive Market Research Reports
Aarkstore - Saudi Arabia Tyre Market Forecast and
Opportunities, 2019

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• http//www.aarkstore.com/automotive/81732/saudi-ar
  abia-tyre-market-forecast-and-opportunities

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Summary
Saudi Arabia has one of the highest number of per
capita vehicles, globally. In 2013, about 0.74
million units of commercial vehicles and
passenger cars were sold in the Kingdom. Saudi
Arabia hugely lacks in terms of vehicle
production as only a handful automobile assembly
units are located across the country. As a
result, the entire domestic demand for
automobiles as well as tyres is met solely
through imports. However, expanding growth
potential in the automobile sector is attracting
several vehicle manufacturers to Saudi Arabia.
Japanese car maker Isuzu has constructed a
production facility in Dammam Industrial City 2
and plans to manufacture about 25,000 light
trucks and heavy duty trucks by 2017, primarily
to address swelling domestic as well as exports
demand from the MENA region. This is expected to
considerably boost OEM tyre sales in the country
over the next five years.
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Description of Content
According to Saudi Arabia Tyre Market Forecast
Opportunities, 2019, the tyre market in Saudi
Arabia is forecast to grow at a CAGR of around
17 till 2019. Increasing passenger car sales,
expanding automobile fleet size, favorable
government policies and significant foreign
investments in the automotive sector are some of
the key factors propelling tyre demand in Saudi
Arabia. Due to extreme weather conditions,
replacement period for tyres is relatively
shorter, which is also a major reason for
increasing replacement tyre sales in the Kingdom.
Passenger car tyre is the most dominating segment
in the Saudi Arabia tyre market, followed by
commercial vehicle tyre and other vehicle tyre
segments. The Kingdoms Western and Central
regions, comprising Riyadh, Mecca and Madinah,
collectively account for around 57 of the total
tyre sales in Saudi Arabia. Besides major Chinese
brands, some leading tyre manufacturers like
Bridgestone, Michelin, Continental, Goodyear and
Yokohama have established themselves as key
players in the Saudi Arabia tyre market. Saudi
Arabia Tyre Market Forecast Opportunities,
2019 discusses following aspects of the tyre
market in Saudi Arabia
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Table of Contents

• Research Methodology
• 2. Market Overview
• 3. Analyst View
• 4. Saudi Arabia Tyre Market Outlook Forecast
• 4.1. Market Size Forecast
• 4.1.1. By Value
• 4.1.2. By Volume
• 4.2. Market Share Forecast
• 4.2.1. By Vehicle Type
• 4.2.2. By Region
• 4.2.3. By Company
• 5. Passenger Car Tyre Market Outlook Forecast

5.1. Market Size Forecast 5.1.1. By Value
5.1.2. By Volume 5.2. Market Share Forecast
5.2.1. By Vehicle Type 6. Commercial Vehicle
Tyre Market Outlook Forecast 6.1. Market Size
Forecast 6.1.1. By Value 6.1.2. By Volume
6.2. Market Share Forecast 6.2.1. By Vehicle
Type 7. Other Tyre Market Outlook Forecast
7.1. Market Size Forecast 7.1.1. By Value
7.1.2. By Volume
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7.2. Market Share Forecast 7.2.1. By Vehicle
Type 8. Saudi Arabia Tyre Market Trade
Analysis 8.1. Import Analysis 9. Saudi Arabia
Tyre Market Dynamics 9.1. Drivers 9.2.
Challenges 10. Policy Regulatory Landscape
11. Market Trends Developments 11.1. Tyre
Pressure Monitoring System 11.2. Rising
Automobile Sales 11.3. Tyre Recycling Projects
11.4. Used Car Market
12. Saudi Arabia Economic Profile 13.
Competitive Landscape 13.1. Goodyear Tyre
Rubber Co. 13.2. Bridgestone Corporation 13.3.
Michelin AIM 13.4. Pirelli C. SpA 13.5.
Hankook Tire Co. Ltd. 13.6. Continental AG
13.7. Yokohama Rubber Co. Ltd. 14. Strategic
Recommendations List Of Tables Table 1 Saudi
Arabia Tyre WASP, 2013 2019F (USD)
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Saudi Arabia Tyre Market Forecast and
Opportunities, 2019 Published Dec 2014 98
Pages According to Saudi Arabia Tyre Market
Forecast Opportunities, 2019, the tyre market
in Saudi Arabia is forecast to grow at a CAGR of
around 17 till 2019.
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