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According to the latest market research report  title “South Africa Two-Wheeler Tire Market  By Vehicle Type (Scooter and Moped, Motorcycle), By Demand Type (OEMs, Replacement), By Tire Type (Radial, Bias), By Price Category (Budget (Up to USD11 Per Unit), Economy (USD12 to 30 Per unit), Premium (Above USD30 Per Unit)-Market Size & Forecast 2019-2030, Thousand Units), By Sales Channel (Online, Multi Brand Stores, Exclusive Outlets, Direct Sales), By Tire Size (120/70 R 19, 170/60/17, 90/90-12, 120/70-12, Others (90/80-17, 90/90-21, etc.)), and Others –Forecast to 2024″, published by MarkNtel Advisors, The South Africa Two-Wheeler Tire Market size is estimated to grow at a CAGR of around 6.89% during the forecast period, i.e., 2024-30.

The data present in the report exhibit from the historic years (2019-22) and the base year (2023) to

put together estimations for the forecast period (2024-30). In the study, our researchers put together reliable, unbiased, and accurate data to enlighten investors about fluctuations in the industry & anticipations on what to expect in the future. Since the industry is dynamic and highly fragmented, this report enables the prominent players to make strategic moves associated with their investments in the coming years.

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South Africa Two-Wheeler Tire Market Opportunity:

South Africa's Rising Middle-Class Population to Offer Lucrative Opportunities – Over the past three decades, South Africa has witnessed a remarkable threefold increase in its middle-class population, elevating one in every three individuals above the poverty line. According to the World Bank, the middle-class population in South Africa has increased to around 6 million in 2022 from about 5.7 million in 2019. This demographic shift is reshaping consumer patterns & providing lucrative opportunities for the two-wheeler tire industry across the region. Besides, with a burgeoning middle class, there is a notable increase in disposable income. This rise in purchasing power authorizes more individuals to consider personal modes of transportation, such as motorcycles & mopeds, contributing to a heightened demand for two-wheeler tires.

SOUTH AFRICA TWO-WHEELER TIRE Market Segmentation

The SOUTH AFRICA TWO-WHEELER TIRE Market is highly robust and fragmented into numerous segments; -

By Vehicle Type

-Scooter and Moped- Market Size & Forecast 2019-2030, Thousand Units

-Motorcycle- Market Size & Forecast 2019-2030, Thousand Units=

By Demand Type

-OEMs- Market Size & Forecast 2019-2030, Thousand Units

-Replacement- Market Size & Forecast 2019-2030, Thousand Units

By Tire Type

-Radial- Market Size & Forecast 2019-2030, Thousand Units

-Bias- Market Size & Forecast 2019-2030, Thousand Units

By Price Category

-Budget (Up to USD11 Per Unit)- Market Size & Forecast 2019-2030, Thousand Units

-Economy (USD12 to 30 Per unit)- Market Size & Forecast 2019-2030, Thousand Units

-Premium (Above USD30 Per Unit)-Market Size & Forecast 2019-2030, Thousand Units

By Sales Channel

-Online- Market Size & Forecast 2019-2030, Thousand Units

-Multi Brand Stores - Market Size & Forecast 2019-2030, Thousand Units

-Exclusive Outlets - Market Size & Forecast 2019-2030, Thousand Units

-Direct Sales- Market Size & Forecast 2019-2030, Thousand Units

By Tire Size

-120/70 R 19- Market Size & Forecast 2019-2030, Thousand Units

-170/60/17- Market Size & Forecast 2019-2030, Thousand Units

-90/90-12- Market Size & Forecast 2019-2030, Thousand Units

-120/70-12- Market Size & Forecast 2019-2030, Thousand Units

-Others (90/80-17, 90/90-21, etc.)- Market Size & Forecast 2019-2030, Thousand Units

By Region

-East

-Central

-North

-South

-West

Click here for a more detailed explanation: https://www.marknteladvisors.com/research-library/south-africa-two-wheeler-tire-market.html

Key Players Operating in the SOUTH AFRICA TWO-WHEELER TIRE Market: -

Pirelli Tyre S.p.A

-Business Description

-Product Portfolio

-Strategic Alliances or Partnerships

-Recent Developments

-Financial Details

-Others

Sumitomo Rubber Industries

-Business Description

-Product Portfolio

-Strategic Alliances or Partnerships

-Recent Developments

-Financial Details

-Others

MRF

-Business Description

-Product Portfolio

-Strategic Alliances or Partnerships

-Recent Developments

-Financial Details

-Others

CEAT

-Business Description

-Product Portfolio

-Strategic Alliances or Partnerships

-Recent Developments

-Financial Details

-Others

Key Questions Answered:

• What is the projected CAGR of the SOUTH AFRICA TWO-WHEELER TIRE Market during the forecast period?
• Which segment is expected to lead the SOUTH AFRICA TWO-WHEELER TIRE Market?
• Who are the prominent players driving market growth?

Key Offerings:

• Market Share, Size, and Revenue Forecast
• Market Dynamics: Growth drivers, restraints, investment opportunities, and key trends
• Landscape: Leading key players and other prominent participants

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About MarkNtel Advisors

MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

Using such information, our clients can identify attractive investment opportunities & strategize their moves to yield higher ROI (Return of Interest) through an early mover advantage with top-management approaches.

We understand the mounting & diverse needs of our clients. Hence, our analysts focus on emerging industries to provide services that fulfilled their assessment of the current & future industry potential, identify white spaces & hotspots, & venture into new geographies or business segments in the future.

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