Qatar Tire (Tyre) Market - 2023 | TechSci Research

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Q a t a r Ty r e M a r k e t Fo r e c a s t O p
p o r t u n i t i e s , 2 0 2 0
M a r k e t I n t e l l i g e n c e . C o n s u
l t i n g
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P r o d u c t O v e r v i e w
Product Definition
Global tyre supplier Michelin defines tyre as, A
precisely engineered assembly of rubber,
chemicals, fabric, and metal, designed to provide
traction, cushion road shock and carry a load
under varying conditions.
Classification According to Vehicle Type
Vehicle Segment Sub-Segment
Customer Segment
X
X
Passenger Car
X
X
X
Light Commercial Vehicle
X
X
X
Medium Heavy Commercial Vehicle
X
X
X
X
OTR (Off-the-Road) Vehicle
X
X
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T a b l e o f C o n t e n t s
S. No.
Contents
1.
Research Methodology
2.
Analyst View
3.
Product Overview
4.

• Qatar Tyre Market Outlook
• Market Size Forecast
• By Value Volume
• Market Share Forecast
• By Vehicle Type
• By Company
• By Region
• Qatar Passenger Car (PC) Tyre Market Outlook
• Market Size Forecast
• By Value Volume
• Market Share Forecast
• By Vehicle Type
• Qatar Medium and Heavy Commercial Vehicle (MHCV)
  Tyre Market Outlook
• Market Size Forecast
• By Value Volume
• Market Share Forecast
• By Vehicle Type

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T a b l e o f C o n t e n t s
S. No.
Contents
7.

• Qatar Light Commercial Vehicle (LCV) Tyre Market
  Outlook
• Market Size Forecast
• By Value Volume
• Market Share Forecast
• By Vehicle Type
• Qatar Off-The-Road (OTR) Tyre Market Outlook
• Market Size Forecast
• By Value Volume
• Market Share Forecast
• By Vehicle Type
• Import-Export Analysis

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10.
11.

• Market Dynamics
• Market Drivers
• Market Challenges
• Market Trends Developments
• Decreasing Acceptance Level of Retreading Tyre
• Increasing Influence of Chinese Tyre
• Rising Automobile Sales
• Recycling of Tyres
• Ban Imposed on Balloon Tyres in Qatar

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T a b l e o f C o n t e n t s
S. No.
Contents
13.
Policy Regulatory Landscape
14.
Qatar Economic Profile
15.

• Competitive Landscape
• Bridgestone Corporation
• Continental AG
• Yokohama Ali Bin Khalifa Al Hitmi Co.
• Hankook Tyre Co. Ltd.
• Michelin AIM
• Sumitomo Rubber Middle East FZE
• Pirelli Tyre(Suisse) SA Middle East Branch
• Apollo tyres Ltd.
• Shandong Wanda BOTO Tyre Co. Ltd.
• Toyo tires Rubber co., Ltd
• Strategic Recommendations

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About Us Disclaimer
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R e s e a r c h M e t h o d o l o g y
Baseline Methodology For the study, TechSci
Research has gathered information through primary
research surveys with major distributors of
automobile tyres in the country. We also put
through an exhaustive search of credible paid
databases such as Business Week, Factiva,
Hoovers, etc., including our internal database.
Our team of analysts has then prudently
evaluated all the collected information and
presented the same in chronological order to
depict a meaningful and clear picture of the tyre
market in Qatar. While compiling the data, we
have also cross checked all the collected
information from multiple sources and data
warehouses, so as to present the most accurate
and precise information of the concerned
industry. We use innovative business model that
focuses on improving productivity, which ensuring
creation of high-quality reports. The reports
are prepared with in-depth primary research,
followed by exhaustive secondary
research. Primary Research Distributors
Interviewed Few of Sources of Secondary Research
S No. Distributor Name
1. Pirelli tyres equipment Centre (Pirelli tyres)
2. Ali Bin Khalifa Al Hitmi Group (Yokohama Apollo tyres)
3. Auto Future Tech (Continental tyres)
4. Ibrahim Mohd Al Khulafi Trading Co (Hankook Tyres)
S. No. Secondary Source
1. International Organization of Motor Vehicle Manufacturers (OICA)
2. World Bank
3. Public Work Authority Qatar (ASHGHAL)
4. Qatar Information Exchange
5. Ministry of Planning and Statistics
6. New Port Project Steering Committee, Qatar
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R e s e a r c h M e t h o d o l o g y
For the preparation of Qatar tyre report,
bottom-up model has been used, which has been
then cross validated by using top down
approach. Vehicle Sales Fleet Size The basic
data points that were needed for the analysis of
Qatar tyre market are the historical, current and
forecast figures for vehicle sales and fleet
size. Data for fleet size has been extracted
through various government sources and credible
data portals. TechSci Research has maintained a
database for vehicle sales and fleet size for
each vehicle segment (passenger cars, light
commercial vehicle, medium heavy commercial
vehicles off-the-road vehicles), which is
regularly updated through various primary
research surveys and secondary sources such as
automotive associations government
publications. Tyre Demand Replacement Tyre
Sales Replacement tyre demand of a particular
country is directly dependent on countrys
vehicle fleet size and historical vehicle sales.
Therefore, the replacement demand is extracted by
multiplying the vehicle fleet with the
replacement tyre ratio, which is obtained by
conducting a series of surveys with car owners to
understand the frequency of tyre replacement as
it varies for different countries depending upon
factors such as road conditions, climate,
economic and regulatory policies applicable in
the country. The replacement ratio is expressed
as a percentage and is considered to be 100 if
one tyre is replaced per vehicle per
year. Example for passenger car replacement tyre
demand calculation
Passenger Car Fleet Size (Volume)
Replacement Ratio ()
Replacement Tyre Demand
X
X
No. of Tyres

1,00,000
X
10
X
4

40,000 Tyres
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R e s e a r c h M e t h o d o l o g y
The calculated replacement tyre demand data is
further analyzed by TechSci Research through
Delphi Technique i.e. multiple rounds of
telephonic interviews were conducted with tyre
companies/dealers in Qatar. The information thus
gathered through primary interviews was
cross-verified through industry experts and
secondary sources such as annual reports and paid
databases to generate meaningful results.
Tyre Trade (Import Export) TechSci Research
has analyzed tyre imports and exports in Qatar.
The data has been gathered through government
agencies and credible paid databases. The total
tyre trade in Qatar has been segmented in
accordance with the below mentioned HS Codes
HS Code Description Description Tyre Type
401110 Motor Cars Motor Cars Passenger Car Tyre
401120 Bus or Lorries Tyres Bus or Lorries Tyres Commercial Vehicle Tyre
401140 Motorcycle Tyre Motorcycle Tyre Two-Wheeler Tyre
401161 Tyre Having a "Herring Bone"
401162 Tyre Having a "Herring Bone"
401163 Tyre Having a "Herring Bone"
401169 Tyre Having a "Herring Bone" OTR Tyre
401191 Tyre Having a "Herring Bone"
401192 Agriculture Tyre Agriculture Tyre
401193 Construction/Industrial Tyre Construction/Industrial Tyre
401194 Construction/Industrial Tyre Construction/Industrial Tyre
401199 Others Others Other Tyres
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R e s e a r c h M e t h o d o l o g y
The import figures for each HS Code have been
depicted in value (USD Million). Tyre Brands
Mapping TechSci Research has mapped all tyre
brands that are being sold in Qatar. TechSci
Research has gathered this information through
primary and secondary research. The brands that
are being sold in Qatar are further segmented
into Foreign Brand and Chinese Brand. The
objective behind brand mapping is to understand
more about the competition such as market share,
current targets, future strategy,
etc. Forecast For forecasting the numbers, we
have predominantly used Time Series Analysis and
Regression Analysis.
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I n d u s t r y B r i e f
Qatar Tyre Market to Grow at 11 CAGR Until
2020 Growing automobile sales, increasing demand
for low cost tyres and booming construction
industry to drive Qatar tyre market over the
next five years According to TechSci Research
report, Qatar Tyre Market Forecast
Opportunities, 2020, tyre market in Qatar is
forecast to grow at a CAGR of more than 11
during 2015 2020 on account of rising
automobile sales, expanding automobile fleet and
growing proliferation of flagship tyre brands due
to increasing purchasing power of end consumers.
Apart from the FIFA World Cup 2022 to be held in
Qatar, another major factor expected to drive
tyre sales in Qatar is Qatar National Vision
2030,a government program that aims at
strengthening the countrys infrastructure and
roll-out various other programs for achieving
high and sustaining long-term growth in the
country. Also, booming construction sector in
Qatar is expected to significantly boost the
countrys OTR tyre segment during the forecast
period. Due to absence of tyre manufacturing in
Qatar, the market is supported by the replacement
demand only, which is catered by import of tyres
from various parts of the world. Around one third
of the tyre sales in Qatar are accounted for by
the Chinese tyre brands, which are available at a
cheaper price compared to the premium flagship
tyre brands operating in the country. Though,
there is a considerable penetration of low cost
Chinese tyres in the countrys tyre market, the
market share of these tyre companies is expected
to decline during the forecast period due to
increasing proliferation of the flagship tyre
brands that offer better technology and improved
tyre shell life.
Majority of construction activities in the
coming years are planned in Doha and ArRayyan
regions, and consequently, these two regions are
expected to witness maximum demand growth for
commercial, OTR and passenger tyres in the
coming years. Moreover, continuing rise in
employment opportunities, growing urbanization
and increasing immigration are boosting adoption
of new tyre technologies in the country, and this
trend is expected to continue over the next five
years. said Mr. Karan Chechi, Research Director
with TechSci Research, a research based global
management consulting firm.
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S a m p l e D a t a - S n a p s h o t
Qatar Tyre Market Share, By Company, By Volume,
2010-2020F 30.00 30.01 30.02 30.03 30.04 30.0
5 30.06
Qatar Tyre Market Share, By Region, By Volume,
2014 2020F
2014 X 2020FX 2014 X 2020FX
15.00 15.01 15.02 15.03 15.04 15.05 15.06
12.00 12.01 12.02 12.03 12.04 12.05 12.06
9.00 9.01 9.02 9.03 9.04 9.05 9.06
Doha
Al Rayyan
6.00 6.01 6.02 6.03 6.04 6.05 6.06 21.00 2
1.01 21.02 21.03 21.04 21.05 21.06
2014 X 2020F X 2014 X 2020F X
Umm Salal
Al Wakra
2014
2015E
2016F
2017F
2018F
2019F 2020F
Chinese Bridgestone Sumitomo Qatar Light
Commercial Vehicle (LCV) Tyre Market Size, By
Value (USD Million), By Volume (Million Units),
2010-2020F
2014 X 2020FX
Al Shamal
2014 X 2020FX
Al Khor
25
23
21
2014 X 2020F X
19
17
Al Daayen
15
12
11
11
10
9
9
8
7
7
5
5 2
4
3
3
1
Qatar Tyre Market Share, By Vehicle Type, By
Volume, 2010-2020F
2010 2011 2012 2013 2014 2015E 2016F
2017F 2018F 2019F 2020F Value (USD Million)
58.00 58.01 58.02 58.03 58.04 58.05 58.06
58.07 58.08 58.09 58.10
Qatar Tyre Market Size, By Value (USD Million), By
Volume (Million Units), 2010-2020F
25
23
20.00 20.01 20.02 20.03 20.04 20.05 20.06
20.07 20.08 20.09 20.10
21
19
17
15
10.00 10.01 10.02 10.03 10.04 10.05 10.06
10.07 10.08 10.09 10.10 6.00 6.01 6.02
6.03 6.04 6.05 6.06 6.07 6.08 6.09 6.10
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11
10
9
9
8
7
7
5
5
4
3
1 3
2
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2010 2011 2012 2013 2014 2015E 2016F 2017F 2018F
2019F 2020F
2010 2011 2012 2013 2014
2015E 2016F 2017F 2018F 2019F 2020F
Passenger Car Tyre LCV Tyre
Value (USD Million) Volume (Million Units)
MHCV Tyre
OTR Tyre
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Report Name Qatar Tyre Market Forecast
Opportunities, 2020
R e p o r t O r d e r i n g
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About Us TechSci Research is a global market
research and consulting company with offices in
Canada, India and the UK. TechSci Research
provides market research reports in a number of
areas to organizations. The company uses
innovative business models that focus on
improving productivity, while ensuring creation
of high-quality reports. The proprietary
forecasting models use various analyses of both
industry-specific and macroeconomic variables on
a state-by-state basis to produce a unique
bottom-up model of a country, regional and
global industry prospects. Combined with the
detailed analysis of company activity and
industry trends, the result is a uniquely rich
evaluation of the opportunities available in the
market. Related Reports Saudi Arabia Tyre Market
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Clients
Disclaimer The contents of this report are based
on information generally available to the public
from sources believed to be reliable. No
representation is made that it is timely,
accurate or complete. TechSci Research has taken
due care and caution in compilation of data as
this has been obtained from various sources
including which it considers reliable and first
hand. However, TechSci Research does not
guarantee the accuracy, adequacy or completeness
of any information and it is not responsible for
any errors or omissions or for the results
obtained from the use of such information and
especially states that it has no financial
liability whatsoever to the subscribers / users
of this report. The information herein, together
with all estimates and forecasts, can change
without notice. All the figures provided in this
document are indicative of relative market size
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You can browse the Updated Report for Qatar Tyre
Market, 2023 https//bit.ly/2RG6BzJ
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TechSci Research