Kenya Tire Market (2019-2025) | Trends, Outlook, Analysis, Revenue, Companies, Share, Value, Industry, Forecast, Size & Growth

Kenya Tire Market is anticipated to grow over the coming years due to the increasing middle-class population which has pushed the demand for automobiles in the country, in turn generating significant demand for tires in the country. Additionally, Kenya is a price-sensitive country and highly dependent on inexpensive automotive vehicles and tire imports to meet the domestic demand for the nation. For instance, second-hand vehicles accounted for 80% of the imports of the country, with China being the leading exporter of tires in Kenya.

According to 6Wresearch, the Kenya Tire Market size is projected to grow at a CAGR of 6.0% during 2019-2025. Kenya automotive market is largely based on after-sales services and assembling of motor vehicles. The Kenya Tire Industry is predominantly a replacement-driven tire market as there is no automobile manufacturing facility in the country. Also, Sameer tire company was the only domestic tire manufacturer operating in the country which also discontinued its operations in 2016.

The rising Middle-class population has pushed the demand for automobiles in the country which is further proliferating the Kenya Tire Market Share. Rising disposable income coupled with a surging population is also adding to the development of the market. Additionally, the rising penetration of the maintenance of vehicles is also boosting the market.

Two-wheeler vehicle type holds the maximum share in terms of volume, in the overall tire market in Kenya owing to worsening traffic congestion and availability of cheaper maintenance of Chinese brand two-wheelers in the country.

Kenya tire market report comprehensively covers the market by types, vehicle types, and end-users. Kenya tire market outlook report provides an unbiased and detailed analysis of the ongoing Kenya tire market trends, opportunities/high growth areas, and market drivers which would help the stakeholders device and align their market strategies according to the current and future market dynamics. 

Kenya tire market is estimated to register sound revenues in the upcoming six years on the back of rising numbers of vehicle fleets in the country. Further, rising government initiative toward using electric vehicles tends to Support the growth of the automotive sector as a result, this key component is attributed as a growth factor in Kenya Tire Market Revenue. 

Key Highlights of the Report:

• Kenya Tire Market Overview
• Kenya Tire Market Outlook
• Kenya Tire Market Forecast
• Historical Data of Kenya Tire Market Revenues & Volume for the Period 2016-2018
• Kenya Tire Market Size & Kenya Tire Market Forecast of Revenues & Volume, until 2025F
• Historical Data of Kenya Tire Market Revenues & Volume for the Period 2016-2018, By End Users
• Kenya Tire Market Size & Kenya Tire Market Forecast of Revenues & Volume, until 2025F, By End Users
• Historical Data of Kenya Tire Market Revenues & Volume for the Period 2016-2018, By Types
• Kenya Tire Market Size & Kenya Tire Market Forecast of Revenues & Volume, until 2025F, By Types
• Historical Data of Kenya Tire Market Revenues & Volume for the Period 2016-2018, By Vehicle Types
• Kenya Tire Market Size & Kenya Tire Market Forecast of Revenues & Volume, until 2025F, By Vehicle Types
• Market Drivers and Restraints
• Kenya Tire Market Trends and Industry Life Cycle
• Porter’s Five Force Analysis
• Kenya Tire Market Opportunity Assessment
• Kenya Tire Market Share, By Players
• Kenya Tire Market Overview, By Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Market Covered:

The report provides a detailed analysis of the following market segments:

By Types:

• Radial Tires
• Bias Tires

By End Users:

• OEM
• Replacement

By Vehicle Types:

• Trucks
• Light Trucks
• Two-Wheelers
• Passenger Cars