Bangladesh Tyre Market Forecast and Opportunities, 2020

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Bangladesh Tyre Market Forecast and
Opportunities, 2020
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Summary
Over the past few years, Bangladesh has been
emerging as another developing country in South
East Asia, offering considerable growth
opportunities across diverse industry segments
including automotive. Several foreign investors
are even eyeing Bangladesh as the next important
destination over the coming years. Currently,
tyre industry in Bangladesh is largely dependent
on imports from other countries like India,
China, Japan and Indonesia due to scarcity of raw
material (natural rubber), lack of indigenous
tyre production units as well as skilled labor,
and prolonged political instability. However, the
scenario is expected to witness a paradigm shift
in the coming years as several global leading
tyre companies intend to set up their
manufacturing plants in the country. Ceat, for
instance, has recently established its tyre
manufacturing plant in Bangladesh. Besides tyre
companies, many automotive players have also
voiced intention to commence manufacturing
operations in Bangladesh, which in turn would
drive investments in tyre market as well.
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According to Bangladesh Tyre Market Forecast
Opportunities, 2020, Bangladesh tyre market is
projected to grow at around 9 CAGR until 2020 on
account of rising automobile sales, increasing
investments by foreign players, and government
support in the form of reduction in import
duties. Segment wise, two wheeler tyres dominate
the market as the countrys two wheeler fleet
exceeds other vehicle fleets by a significant
margin. On account of largest population as well
as vehicle fleet, Dhaka remains the leading
geography witnessing tyre sales across
Bangladesh. Despite rising automobile sales,
replacement segment continues to dominate the
market, holding significant majority share in
tyre sales in the country. Major companies like
MRF, Dunlop, CEAT, and Goodyear have been selling
their tyres in the country through their
exclusive distributors.
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Bangladesh Tyre Market Forecast and
Opportunities, 2020 discusses the following
aspects related to tyre market in Bangladesh
Bangladesh Tyre Market Size, Share Forecast
Segmental Analysis Passenger Car Tyre,
Commercial Vehicle Tyre, Two Wheeler Tyre, Three
Wheeler Tyre OTR Tyre Policy and Regulatory
Landscape Changing Market Trends Emerging
Opportunities Competitive Landscape
Strategic Recommendations
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Why You Should Buy This Report? To gain an
in-depth understanding of tyre market in
Bangladesh To identify the on-going trends and
anticipated growth in the coming years To help
industry consultants, tyre manufacturing
companies and other stakeholders align their
market-centric strategies To obtain research
based business decision and add weight to
presentations and marketing material To gain
competitive knowledge of leading players To
avail 10 customization in the report without any
extra charges and get the research data or trends
added in the report as per the buyers specific
needs
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Table of Contents

1. Research Methodology
2. Analyst View
3. Tyre Product Overview
4. Bangladesh Tyre Market Outlook
5. Bangladesh Passenger Car Tyre Market Outlook
6. Bangladesh Commercial Vehicle Tyre Market Outlook
7. Bangladesh Two-Wheeler Tyre Market Outlook
8. Bangladesh Three-Wheeler Tyre Market Outlook
9. Bangladesh OTR Tyre Market Outlook
10. Bangladesh Tyre Market Trade Analysis Import
    Scenario

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To view the full Executive Summary and Table of
Contents, please visit Bangladesh Tyre Market
Forecast and Opportunities, 2020 Contact
Us-Call India 91-22-27810772/73Email id
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