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South Africa Tire Market Outlook, 2018

Published OnApr, 2013
Cement: 2014 Market Review and Forecast
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The South Africa tire market has emerged as one of the most striking market in the African sub Continent. Increasing demand of automotive vehicles, lucrative economy and high purchasing power of the individuals are fuelling the tire industry in nation. More than 60% market share of the tire industry are captured by the four giants namely Apollo, Goodyear, Bridgestone and continental. These four local manufacturers are fulfilling the demand of local tires in the nation.

South Africa tire manufacturing unit manufactured more than 50% of the total tire demand in 2012. South African tire market is expected to reach at 27.40 Million Units and growing at estimated CAGR of 8.1%. Goodyear leads the South Africa market where all the local tyre manufacturers has almost equal share. The replacement tire holds a major share in the local market and growing at the CAGR of 5.8% from last five years. This segment is dominated by the sales of passenger and followed by the commercial vehicles.

As per the recently published report South Africa Tire Market Outlook, 2018 the tire market of South Africa is projected to reach at US $ 2.12 Billion by 2018 by growing at 8.2% CAGR during the years 2013-2018. Even though there is already a cut throat competition in the tire market as there are large number of players which are catering the demand. This would increase the share of organized players in the tire market of South Africa by a small margin but the small and organized players are expected to remain dominant in future too.

Grootte Exclusive
-Past Years Data: Market Size (Sales Volume and Revenue)
-Market Segmentation: On the Basis of Companies’ Share & Regional Sales
-Demand Forecast For Next Five Years
-Complete Coverage Of Regulatory Framework
Covered -Extensive Distribution Channel (included major wholesalers and distributors information)
-Profile of Major Tire Manufacturers
-Latest Trends
-Critical Success Factors
-Analysis Of Raw Material Utilised In Tire -Production
Industry -Risk Scorecard 

1. Report Synopsis
2. Global Tire Market Overview
2.1.Market Value
2.2.Market Volume
2.3.Market Segmentation by Companies
2.4.Market Segmentation by Region
2.5.Market Segmentation by Category
2.6.Global Tire Replacement Market Overview
2.7.Global Tire Production Overview
3. South Africa’s Economic Overview
4. South Africa Tire Market Overview
4.1.South Africa Tire Production
4.1.1. By Volume
4.1.2. By Region
4.2.Market Value
4.3.Market Volume
4.4.Market Segmentation by Companies
4.5.Market Segmentation by Region
4.6.Market Segmentation by Category
4.7.South Africa Replacement Tire Market Overview
4.8.South Africa Retread Tire Market Overview
4.9.Key Opportunities
4.10. Major Challenges
4.11. Key Performance Indicator
4.12. Raw Material Analysis
4.13. Extensive Sales and Distribution Network
4.14. Trends
4.14.1. Rising Passenger Vehicle
4.14.2. Export/Import Scenario
4.14.3. Fuel Efficient – Green Tire
4.14.4. Cyber – An Intelligent Tire
4.14.5. Airless Tire
4.15. Government Initiatives and Regulatory Framework
4.16. Critical Success factor
4.17. Company Profile
4.17.1. Goodyear Tire
4.17.2. Apollo Tyre Ltd.
4.17.3. Continental Tire
4.17.4. Pirelli Co. Spa
4.17.5. Bridgestone Ltd.
4.17.6. BF Goodrich
4.17.7. Michelin
4.18. Recommendation
4.19 Grootte's View

Tire Market in South Africa 2014-2018

TechNavio’s analysts forecast the Tire market in South Africa will grow at a CAGR of 8.24 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increasing purchasing power of consumers. The Tire market in South Africa has also been witnessing the growing adoption of Tire Pressure Monitoring S

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