Tanzania Tire (Tyre) Market (2025-2031) | Trends, Industry, Size, Value, Revenue, Analysis, Forecast, Share, Growth, Outlook & Companies

Market Forcast By Origin (Local Manufacturing,Imports), By Types(Radial Tires, Bias Tires), By End Users (OEMReplacement), By Vehicle Types (TrucksLight TrucksTwo-WheelersPassenger Cars) and Competitive Landscape

Product Code: ETC001637 Publication Date: Aug 2024 Updated Date: Dec 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Tanzania Tire (Tyre) Market Highlights

Report name Tanzania Tire (Tyre) Market 
Forecast period 2025-2031
CAGR 5.5%
Growing Sector Automotive

Topics Covered in the Tanzania Tire (Tyre) Market Report

The Tanzania Tire (Tyre) Market report thoroughly covers the market by Types, Origin, End Users, and Vehicle Types. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Tanzania Tire (Tyre) Market Synopsis

The Tire (Tyre) Market in Tanzania has witnessed steady growth in recent years. The market is expected to continue its growth during 2024 – 2030. This growth is attributed to various factors such as the automotive industry, policies of the government, commercial vehicles, and distribution networks.

According to 6Wresearch, the Tanzania Tire (Tyre) Market size is expected to grow at a significant CAGR of 5.5% during 2025-2031. The automotive industry is growing rapidly due to the rise in disposable income of the people and urbanization. With more people having spending power, the demand for tyres is increasing in Tanzania. Moreover, the government has supported and promoted foreign investment in the tyre industry through tax exemptions and incentives to the tyre manufacturer, thus driving the tyre market. Another driver for the tyre market is the increase in a number of commercial vehicles due to booming trade and economic activities. Furthermore, the expansion of distribution networks has helped manufacturers by making their products more accessible to consumers. This has increased competition among manufacturers, which led to improvements in the quality and prices of tyres in the market.

However, despite having growing factors, the market still faces some challenges. The road infrastructure in Tanzania is poor and inadequate making read and tear of the tyres frequently. The presence of counterfeit tyres in the market is another challenge faced by the market. these tyres are cheaper and lower quality, posing safety risks to the customer. The lack of skilled labour is a significant challenge in the Tanzania tyre market. moreover, the reliance of Tanzania on imported tyres is another challenge for the market as the prices of these imported tyres are subjected to fluctuations.

Tanzania Tire (Tyre) Industry: Leading Players

Key players in the Tanzania tire market include companies such as Apollo Tyres Ltd., Birla Tyres, Continental AG, Bridgestone Corporation, Goodyear Tire and Rubber Company, Michelin Group, Pirelli & C. S.p.A., Sumitomo Rubber Industries Ltd., and Yokohama Rubber Co. Ltd. The Tyre market of Tanzania is highly competitive with both domestic and international players having a strong presence in the market. These players are continuously innovating and investing in research and development to meet the demands of the changing customer needs.

Tanzania Tire (Tyre) Market: Government Regulations

The government of Tanzania has taken several initiatives to boost the tyre market in the country. One of these initiatives is the import duty reduction on tires which aims to reduce the cost of importing tires and make them affordable for consumers. Another initiative taken by the Tanzanian government is the establishment of a national tyre manufacturing plant. This plant produces radial tyres for both passenger and commercial vehicles. Furthermore, the government has implemented strict regulations on the quality of tyres imported into the country to ensure high-quality and safe tyres are available in the market. Furthermore, the government has also promoted the partnership between local and foreign tyre manufacturers.

Future Insights of the Market

The tire market in Tanzania is expected to continue its growth in the coming years. The market is likely to rise due to the growing population, increase in disposable income of the people, and developments in the automotive industry. With the use of advanced technology in the manufacturing of tyres, the market is able to produce more efficient and good quality tyres. The adoption of eco-friendly tyres and support from the government will contribute towards the growth of the tyre market in Tanzania.

Market Segmentation by Vehicle Types

According to Ravi Bhandari, Research Head, 6Wresearch, passenger cars dominate the market due to increasing disposable income and rising demand for personal vehicles.

Market Segmentation by End Users

Based on the end users, the replacement segment is expected to grow in the coming years due to poor road conditions and lack of proper maintenance.

Key Attractiveness of the Report

  • 10 Years of Market Numbers.
  • Historical Data Starting from 2021 to 2024.
  • Base Year: 2024
  • Forecast Data until 2031.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects

Key Highlights of the Report:

  • Tanzania Tire Market Overview
  • Tanzania Tire Market Outlook
  • Tanzania Tire Market Forecast
  • Historical Data of Tanzania Tire Market Revenues and Volume, for the Period 2021-2031
  • Tanzania Tire Market Size and Tanzania Tire Market Forecast of Revenues and Volume, Until 2031
  • Historical Data of Tanzania Tire Market Revenues and Volume, By Vehicle Types, for the Period 2021-2031
  • Market Size & Forecast of Tanzania Tire Market Revenues and Volume, By Vehicle Types, until 2031
  • Historical Data of Tanzania Tire Market Revenues and Volume, By Types, for the Period 2021-2031
  • Market Size & Forecast of Tanzania Tire Market Revenues and Volume, By Types, until 2031
  • Historical Data of Tanzania Tire Market Revenues and Volume, By Origin, for the Period 2021-2031
  • Market Size & Forecast of Tanzania Tire Market Revenues and Volume, By Origin, until 2031
  • Historical Data of Tanzania Tire Market Revenues and Volume, By End Users, for the Period 2021-2031
  • Market Size & Forecast of Tanzania Tire Market Revenues and Volume, By End Users, until 2031
  • Market Drivers and Restraints
  • Tanzania Tire Market Trends and Industry Life Cycle
  • Tanzania Tire Market Revenue Share, By Regions
  • Tanzania Tire Market Revenue Share, By Players
  • Tanzania Tire Market Overview on Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations

Markets Covered

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

By Origin

  • Local Manufacturing
  • Imports

By Types

  • Radial Tires
  • Bias Tires

By End Users

  • OEM
  • Replacement

By Vehicle Types

  • Trucks
  • Light Trucks
  • Two-Wheelers
  • Passenger Cars
Tanzania Tire (Tyre) Market (2025-2031): FAQs
Some of the leading players in the market are Goodyear, Michelin, Bridgestone Corporation, Continental AG, Pirelli & C. S.p.A., and Yokohama Rubber Co., Ltd.
The key factors driving the growth of the market due to increasing purchasing power of the consumers and the demand for eco-friendly tyres.
The passenger cars vehicle type holds the highest market share.
The key challenges faced by the market are the presence of counterfeit products, lack of skilled labour, and poor roads.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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1. Executive Summary
2. Introduction
2.1 Report Description
2.2 Key Highlights
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3. Tanzania Tire Market Overview
3.1 Country Indicators
3.2 Tanzania Tire Market Revenues and Volume, 2021-2031F
3.3 Tanzania Tire Market Revenue Share, By Origin, 2021&2031F
3.4 Tanzania Tire Market Revenue Share, By Types, 2021&2031F
3.5 Tanzania Tire Market Revenue Share, By End Users, 2021&2031F
3.6 Tanzania Tire Market Revenue Share, By Vehicle Types, 2021&2031F
3.7 Tanzania Tire Market - Industry Life Cycle
3.8 Tanzania Tire Market - Porter’s Five Forces
4. Tanzania Tire Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5. Tanzania Tire Market Trends
6. Tanzania Tire Market Overview, By Origin
6.1 Tanzania Local Manufacturing Tire Market Revenues and Volume, 2021-2031F
6.2 Tanzania Imports Tire Market Revenues and Volume, 2021-2031F
7. Tanzania Tire Market Overview, By Types
7.1 Tanzania Tire Market Revenue and Volume, By Biased Tire, 2021-2031F 
7.2 Tanzania Tire Market Revenue and Volume, By Radial Tire, 2021-2031F 
8. Tanzania Tire Market Overview, By End Users
8.1 Tanzania Tire Market Revenue and Volume, By Replacement , 2021-2031F
8.2 Tanzania Tire Market Revenue and Volume, By OEM , 2021-2031F
9. Tanzania Tire Market Overview, By Vehicles Types
9.1 Tanzania Tire Market Revenue and Volume, By Trucks , 2021-2031F
9.2 Tanzania Tire Market Revenue and Volume, By Light Trucks , 2021-2031F
9.3 Tanzania Tire Market Revenue and Volume, By Two-Wheelers , 2021-2031F
9.4 Tanzania Tire Market Revenue and Volume, By Passenger Cars , 2021-2031F
10. Tanzania Tire Market Key Performance Indicators
11. Tanzania Tire Market Opportunity Assessment
11.1 Tanzania Tire Market Opportunity Assessment, By Origin, 2031F
11.2 Tanzania Tire Market Opportunity Assessment, By Types, 2031F
11.3 Tanzania Tire Market Opportunity Assessment, By End Users, 2031F
11.4 Tanzania Tire Market Revenue Share, By Vehicle Types, 2031F
12. Tanzania Tire Market Competitive Landscape
 12.1 Tanzania Tire Market Revenue Share, By Companies, 2024
12.2 Tanzania Tire Market Competitive Benchmarking, By Operating Parameters
13. Company Profiles
14. Key Strategic Recommendations
15. Disclaimer
 

Market Forcast By Origin(Local Manufacturing,Imports), By Types(Radial Tires, Bias Tires), By End Users(OEMReplacement), By Vehicle Types(TrucksLight TrucksTwo-WheelersPassenger Cars)and Competitive Landscape

Product Code: ETC001637 Publication Date: Mar 2020 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Tanzania has witnessed strong growth in tire sales in recent years on account of the rising automotive fleet due to the growing income of the middle-class population coupled with developing transportation infrastructure. An increase in vehicle sales and consumer spending would continue to be the key drivers behind the growth of the Tanzania tire market over the coming years. The growing demand for tires in Tanzania has led to a hard competition among the tire manufacturers from all over the world seeking to collect a major share of the market for tires in the new evolving market.

According to 6Wresearch, Tanzania Tire (Tyre) Market is projected to grow during 2020-2026. Tanzania is an import driven automobile market, and thus, growing distributor and dealer network is evolving as a critical factor for increasing tire sales in a specific country. Moreover, the government has taken initiatives such as the Tanzania Vision 2025 which is expected to lead towards the development of the industrial sector in the country, thereby leading to an increase in demand for OTR tires over the coming years.

Based on vehicle types, passenger car is expected to dominate the market share of Tanzania tire market due to the high ratio of registered passenger cars. In East Africa, the tire production is going through a major transformation as the demand and supply have been bothered by the past economic crisis which remains to have a huge impact on Tanzania tire market. Tanzania has increased their vehicle imports in a high ratio as compared to past years and also expected growth in Tanzania tire market during the forecast period.

Tanzania Tire market report thoroughly covers the market by origin, types, vehicle types, and end users. Tanzania Tire market outlook provides an unbiased and detailed analysis of the on-going Tanzania Tire market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Key Highlights of the Report

  • Tanzania Tire Market Overview
  • Tanzania Tire Market Outlook
  • Tanzania Tire Market Forecast
  • Historical Data of Tanzania Tire Market Revenues and Volume, for the Period2016-2019
  • Tanzania Tire Market Size and Tanzania Tire Market Forecast of Revenues and Volume, Until 2026
  • Historical Data of Tanzania Tire Market Revenues and Volume, By Vehicle Types, for the Period 2016-2019
  • Market Size & Forecast of Tanzania Tire Market Revenues and Volume, By Vehicle Types, until 2026
  • Historical Data of Tanzania Tire Market Revenues and Volume, By Types, for the Period 2016-2019
  • Market Size & Forecast of Tanzania Tire Market Revenues and Volume, By Types, until 2026
  • Historical Data of Tanzania Tire Market Revenues and Volume, By Origin, for the Period 2016-2019
  • Market Size & Forecast of Tanzania Tire Market Revenues and Volume, By Origin, until 2026
  • Historical Data of Tanzania Tire Market Revenues and Volume, By End Users, for the Period 2016-2019
  • Market Size & Forecast of Tanzania Tire Market Revenues and Volume, By End Users, until 2026
  • Market Drivers and Restraints
  • Tanzania Tire Market Trends and Industry Life Cycle
  • Tanzania Tire Market Revenue Share, By Regions
  • Tanzania Tire Market Revenue Share, By Players
  • Tanzania Tire Market Overview on Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations

 Markets Covered:

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

  • By Origin:
    • Local Manufacturing
    • Imports

  • By Types:
    • Radial Tires
    • Bias Tires
  • By End Users:
    • OEM
    • Replacement
  • By Vehicle Types:
    • Trucks
    • Light Trucks
    • Two-Wheelers
    • Passenger Cars

 

 

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