Saudi Arabia Tyre Market Forecast and Opportunities, 2020 (1)

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Saudi Arabia Tyre Market Forecast and
Opportunities, 2020
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Summary
Saudi Arabia is one of the leading automotive
markets in the Middle East. Demand for tyres in
the country, which is met through imports, has
been increasing at a rapid pace on account of
growing vehicle sales over the last five years.
Shortening tyre replacement period coupled with
increasing automobile sales are expected to drive
the countrys tyre industry through 2020.
Increase in infrastructure development
activities, favorable government policies and
surging foreign investments in automotive sector
are anticipated to fuel the demand for vehicles,
and thereby tyres, in Saudi Arabia in the coming
years. One of the major trends that has been
gaining increasing market traction over the last
decade has been growing sales of tyres in the
unorganized tyre market a segment that is hugely
dominated by Chinese tyre brands. This trend is
likely to continue through 2020 as consumer tend
to opt for Chinese tyres due to their highly
discounted prices compared to branded tyres.
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According to this Research report Saudi Arabia
Tyre Market Forecast Opportunities, 2020, tyre
market in Saudi Arabia is forecast to grow at a
CAGR of over 13 during 2015-20. During 2010-14,
passenger car tyre segment dominated the
countrys tyre market, followed by the commercial
vehicle tyre segment, and the same trend is
expected to continue over the next five years. In
2014, the countrys central region accounted for
the largest share in the tyre market, followed by
western, eastern, southern and northern region of
Saudi Arabia. Major global tyre companies that
currently operate in the country include
Bridgestone, Continental and Michelin.
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Saudi Arabia Tyre Market Forecast and
Opportunities, 2020 report discusses the
following aspects Saudi Arabia Tyre Market
Size, Share Forecast Segmental Analysis
Passenger Car Tyres, Commercial Vehicle Tyres
Others 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 Saudi
Arabia To identify the on-going trends and
segment wise anticipated growth in the coming
years To help industry consultants, tyre
companies and other stakeholders to 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. Product Overview
4. Saudi Arabia Tyre Market Outlook
5. Saudi Arabia Passenger Car Tyre Market Outlook
6. Saudi Arabia Commercial Vehicle Tyre Market
   Outlook
7. Saudi Arabia Other Tyre Market Outlook
8. Trade Dynamics
9. Market Dynamics
10. Market Trends Developments

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