Market Forecast and Opportunities on Italy Tyre Industry [2020]

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Report Forecast on Italy Tyre Industry - 2020

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Summary
Italy is a leading automobile production hub in
Europe, as the country is home to a number of
automobile manufacturing units. The country
recorded a high vehicle motorization rate
(passenger car and commercial vehicle) of 686
vehicles per 1000 people in 2013. Despite a
growing automobile fleet and high motorization
rate, Italy tyre market registered negative CAGR
in volume terms during 2010-2014. Weaker economic
conditions due to Eurozone crisis, delay in
infrastructure projects, low income growth and
significant cuts in public spending led to
decline in sales of tyres during 2010-2014.
Improving consumer and investor confidence,
coupled with positive developments in Eurozone
economic conditions, is forecast to drive growth
in vehicle production and sales in Italy over the
next five years, thereby augmenting demand in the
countrys tyre market during the forecast period.
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According to Italy Tyre Market Forecast
Opportunities, 2020", passenger car tyre segment
accounted for a lions share of more than 80 in
Italy tyre market in 2014. However, with
anticipated growth in LCV sales, commercial
vehicle tyre segment is forecast to outperform
passenger car tyre segment by exhibiting fastest
growth rate among all tyre segments during
2015-2020. Replacement tyre market in Italy
accounted for around 85 of the market in 2014,
and the replacement segment is forecast to
continue its market dominance in the countrys
tyre market during the forecast period. With the
government of Italy increasing its focus on
macroeconomic reforms, anticipated growth in
construction, agriculture and industrial sectors
is forecast to boost the countrys automobile and
tyre industry in the coming years. Few of the
major tyre brands operating in Italy include
Michelin, Pirelli, Continental and Bridgestone.
Italy Tyre Market Forecast Opportunities,
2020 report elaborates following aspects of tyre
market in Italy
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Italy Tyre Market Size, Share Forecast
Segmental Analysis Passenger Car Tyres, Light
Commercial Vehicle Tyres, Medium Heavy
Commercial Tyres, Two Wheeler Tyres OTR
Tyres Policy Regulatory Landscape
Changing Market Trends and Emerging
Opportunities Competitive Landscape and
Strategic Recommendations
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Why You Should Buy This Report? To gain an
in-depth understanding of tyre market in Italy
To identify the on-going trends and segment wise
anticipated growth in the coming years To help
industry consultants, tyre 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 research data or trends added in
the report as per the buyers specific needs
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Report Methodology The information contained in
this report is based on both primary and
secondary sources. Primary research included
interviews with tyre companies, distributors and
industry experts. Secondary research included an
exhaustive search of relevant publications like
company annual reports, financial reports and
proprietary databases.
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Table of Contents
1. Research Methodology 2. Product Overview 3.
Analyst View 4. Italy Tyre Production Overview 5.
Italy Tyre Market Outlook 6. Italy Passenger Car
(PC) Tyre Market Outlook 7. Italy Light
Commercial Vehicle (LCV) Tyre Market Outlook 8.
Italy Medium and Heavy Commercial Vehicle Tyre
Market Outlook 9. Italy Off-The-Road (OTR) Tyre
Market Outlook 10. Italy Two-Wheeler Tyre Market
Outlook
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of Contents, please visit Report Forecast on
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