Market Forecast By Types (Bias and Radial), By Vehicle Types (Harvester, Tractor, Sprayers, Trailers, Loaders and others), By Distribution (OEM and Aftermarket), By Countries (GCC Region, South Africa, Turkey, Nigeria and Egypt) and Competitive Landscape
Product Code: ETC000701 | Publication Date: Jul 2024 | Updated Date: Dec 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
Middle East & Africa (MEA) Farm Tire Market report thoroughly covers the market by Types, by Vehicle Types, by Distribution, by Countries. 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.
The Middle East and Africa (MEA) farm tire market is experiencing significant growth, with projections for a continued upward trend throughout the 2024-2030 forecast period. This momentum is primarily driven by the rising demand for agricultural produce, fueled by the expanding populations within these regions. Furthermore, the acceptance of advanced farming practices and machinery has correspondingly increased the demand for specialized farm tires.
According to 6Wresearch, Middle East & Africa (MEA) Farm Tire Market size is expected to grow at a significant CAGR of 4.48% during 2025-2031. One of the key drivers of the MEA farm tire market is the increasing adoption of modern farming techniques. With the growing population and demand for food, farmers are increasingly turning towards advanced farming methods such as precision agriculture to improve their yields. These techniques require specialized equipment that rely on durable and efficient tires to operate effectively, driving the demand for farm tires in this region.
In addition, the governments in MEA countries have been implementing initiatives to promote agricultural growth and increase productivity. For instance, government subsidies for purchasing agricultural machinery have led to an increase in the sales of farm tires. Additionally, various trade agreements and partnerships between MEA countries and other regions have also contributed to the growth of the farm tire market by promoting cross-border trade.
The market is also dealing with a number of challenges that are hampering its growth. One major challenge confronted by the market is One of the biggest challenges for farmers in the MEA region is the limited availability of arable land. With desert landscapes dominating much of the area, harsh climate condition extreme weather events such as sandstorms and floods can also damage crops and affect the demand for farm tires in the region, lack of infrastructure such as roads and transportation networks., limited access to technology This means that farms rely heavily on manual labour, which can be time-consuming and less efficient. With the lack of advanced farming equipment, there is also less demand for specialized tires designed for such machinery.
Some significant companies that are operating in the market and continuously contributing to its success are Some of the key players operating in the MEA farm tire market are Bridgestone Corporation, Goodyear Tire & Rubber Company, Michelin Group, Titan International, Inc., Trelleborg AB These multinational companies dominate the market with their wide range of products and strong distribution networks. They also invest heavily in research and development to constantly innovate and improve their product offerings.
One of the main government policies that affect the MEA farm tire market is agricultural subsidies. Governments in this region often provide subsidies to farmers to help them purchase farm equipment and inputs, including tires. These subsidies make it easier for farmers to invest in high-quality farm tires, which contributes to the overall growth of the market. some governments are now implementing policies to encourage foreign investment in their agricultural sectors, which could potentially open up new opportunities for international players in the MEA farm tire market.
Future insights for this market suggest that there will be a shift towards the usage of eco-friendly and durable farm tires, as well as an increase in collaborations between manufacturers and farmers to develop customized tire solutions. Overall, the MEA farm tire market is expected to witness steady growth, driven by increasing agricultural productivity and modernization efforts in the region. So, it is important for companies to stay updated with the latest market trends and regulations to maintain a competitive edge in this growing market.
In addition, continuous investments in research and development will be crucial for meeting the evolving demands of farmers and staying ahead of competitors. As such, stakeholders in the MEA farm tire market should focus on building strong partnerships, leveraging technology, and constantly innovating to drive sustainable growth in the coming years. Overall, the outlook for this market is promising, with immense potential for both manufacturers and farmers.
According to Dhaval, Research Manager, 6Wresearch, in recent years, the MEA market has seen a growing trend towards the use of radial tires in farming applications. This can be attributed to the increasing demand for higher efficiency and productivity in agriculture. Radial tires offer better fuel economy, which is important for farmers looking to reduce their operating costs. They have a larger footprint, which provides better traction and reduces soil compaction. This is especially important for regions with heavy soils or extreme weather conditions. Additionally, radial tires have a longer tread life compared to bias tires, resulting in reduced replacement costs for farmers.
There is a growing demand for harvesters in the MEA region, as they offer efficient and effective harvesting of crops. With the increasing focus on mechanization and precision agriculture, farmers are looking for advanced equipment like self-propelled harvesters that can reduce labour costs and increase productivity.
Egypt is expected to experience significant growth in the farm tire market in the coming years. This can be attributed to various factors such as the country's growing population, increasing demand for food production, and government initiatives to boost agricultural productivity.
The report offers a comprehensive study of the subsequent market segments
1 Executive Summary |
2 Introduction |
2.1 Report Description |
2.2 Key Highlights of The Report |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Middle East & Africa Farm Tire Market Market Overview |
3.1 Middle East & Africa Farm Tire Market Revenues & Volume, 2021-2031F |
3.2 Middle East & Africa Farm Tire Market Revenue Share, By Types, 2021 & 2031F |
3.3 Middle East & Africa Farm Tire Market Revenue Share, By Vehicle Types, 2021 & 2031F |
3.4 Middle East & Africa Farm Tire Market Revenue Share, By Distribution, 2021 & 2031F |
3.5 Middle East & Africa Farm Tire Market Revenue Share, By Country, 2021 & 2031F |
3.6 Middle East & Africa Farm Tire Market Industry Life Cycle |
3.7 Middle East & Africa Farm Tire Market- Porter’s Five Forces, 2022 |
4 Middle East & Africa Farm Tire Market Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Middle East & Africa Farm Tire Market Market Trends |
6 Middle East & Africa Farm Tire Market Overview, By Types |
6.1 Middle East & Africa Bias Farm Tire Market Revenues, 2021-2031F |
6.2 Middle East & Africa Radial Farm Tire Market Revenues, 2021-2031F |
7 Middle East & Africa Farm Tire Market Overview, By Distribution |
7.1 Middle East & Africa OEM Farm Tire Market Revenues, 2021-2031F |
7.2 Middle East & Africa Aftermarket Farm Tire Market Revenues, 2021-2031F |
8 Middle East & Africa Farm Tire Market Overview, By Vehicle Types |
8.1 Middle East & Africa Tractor Tire Market Revenues, 2021-2031F |
8.2 Middle East & Africa Harvester Tire Market Revenues, 2021-2031F |
8.3 Middle East & Africa Sprayer Tire Market Revenues, 2021-2031F |
8.4 Middle East & Africa Trailers Tire Market Revenues, 2021-2031F |
8.5 Middle East & Africa Loaders Tire Market Revenues, 2021-2031F |
8.6 Middle East & Africa Other Farm Tire Market Revenues, 2021-2031F |
9 GCC Farm Tire Market Market Overview |
9.1 GCC Farm Tire Market Market Revenues & Volume, 2021-2031F |
9.2 GCC Farm Tire Market Revenues & Volume, By Types, 2021-2031F |
9.3 GCC Farm Tire Market Revenues & Volume, By Vehicle Types, 2021-2031F |
9.4 GCC Farm Tire Market Revenues & Volume, By Distribution, 2021-2031F |
10 Turkey Farm Tire Market Market Overview |
10.1 Turkey Farm Tire Market Market Revenues & Volume, 2021-2031F |
10.2 Turkey Farm Tire Market Revenues & Volume, By Types, 2021-2031F |
10.3 Turkey Farm Tire Market Revenues & Volume, By Vehicle Types, 2021-2031F |
10.4 Turkey Farm Tire Market Revenues & Volume, By Distribution, 2021-2031F |
11 Egypt Farm Tire Market Market Overview |
11.1 Egypt Farm Tire Market Market Revenues & Volume, 2021-2031F |
11.2 Egypt Farm Tire Market Revenues & Volume, By Types, 2021-2031F |
11.3 Egypt Farm Tire Market Revenues & Volume, By Vehicle Types, 2021-2031F |
11.4 Egypt Farm Tire Market Revenues & Volume, By Distribution, 2021-2031F |
12 South Africa Farm Tire Market Market Overview |
12.1 South Africa Farm Tire Market Market Revenues & Volume, 2021-2031F |
12.2 South Africa Farm Tire Market Revenues & Volume, By Types, 2021-2031F |
12.3 South Africa Farm Tire Market Revenues & Volume, By Vehicle Types, 2021-2031F |
12.4 South Africa Farm Tire Market Revenues & Volume, By Distribution, 2021-2031F |
13 Nigeria Farm Tire Market Market Overview |
13.1 Nigeria Farm Tire Market Market Revenues & Volume, 2021-2031F |
13.2 Nigeria Farm Tire Market Revenues & Volume, By Types, 2021-2031F |
13.3 Nigeria Farm Tire Market Revenues & Volume, By Vehicle Types, 2021-2031F |
13.4 Nigeria Farm Tire Market Revenues & Volume, By Distribution, 2021-2031F |
14 Rest of the Middle East & Africa Farm Tire Market Overview |
14.1 Rest of Middle East & Africa Farm Tire Market Revenues & Volume, 2021-2031F |
15 Middle East & Africa Farm Tire Market Market Opportunity Assessment |
15.1 Middle East & Africa Farm Tire Market Opportunity Assessment, By Types, 2031F |
15.2 Middle East & Africa Farm Tire Market Opportunity Assessment, By Vehicle Types, 2031F |
15.3 Middle East & Africa Farm Tire Market Opportunity Assessment, By Distribution, 2031F |
15.4 Middle East & Africa Farm Tire Market Opportunity Assessment, By Country, 2031F |
16 Middle East & Africa Farm Tire Market Market Competitive Landscape |
16.1 Middle East & Africa Farm Tire Market Market Revenue Share, By Companies, 2024 |
16.1.1 GCC Farm Tire Market Market Revenue Share, By Companies, 2024 |
16.1.2 Turkey Farm Tire Market Market Revenue Share, By Companies, 2024 |
16.1.3 Egypt Farm Tire Market Market Revenue Share, By Companies, 2024 |
16.1.4 South Africa Farm Tire Market Market Revenue Share, By Companies, 2024 |
16.1.5 Nigeria Farm Tire Market Market Revenue Share, By Companies, 2024 |
16.2 Middle East & Africa Farm Tire Market Market Competitive Benchmarking, By Operating Parameters |
17 Company Profiles |
18 Strategic Recommendations |
19 Disclaimer |
Market Forecast By Types (Bias and Radial), By Vehicle Types (Harvester, Tractor, Sprayers, Trailers, Loaders and others), By Distribution (OEM and Aftermarket), By Countries (GCC Region, South Africa, Turkey, Nigeria and Egypt) and Competitive Landscape
Product Code: ETC000701 | Publication Date: Aug 2019 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Middle East and Africa Farm Tire Market have witnessed many changes in the past few years the low side wall technology help farmers maximize their productivity on and off the field, and its smaller sidewall reduces swaying that causes road loping. Alliance Company launched a new technology Alliance 579 is a purpose-built radial tire that can play on various surfaces (turf, sand, asphalt and mud).
The demand for agricultural products is increasing owing to the growing population. Therefore, rapid automation in the agricultural sector is driving the demand for the farm tire market. Further, government subsidies on agricultural products, fuel, and electricity are increasing the adoption of modern farming techniques by the farmers in the MEA region. Thus, the demand for agricultural equipment is increasing in the region leading to the growth of the farm tire in the market.
According to 6Wresearch, Middle East & Africa (MEA) Farm Tire market size is projected to witness significant growth due to the increasing adoption of modern farming equipment in countries like Turkey and Egypt. Further, the increase in the use of farm vehicles in the agriculture industry across various countries in MEA resulted in the growth of the farm tire market during 2019-25. Moreover, Egypt accounts for the majority of the share of the farm tire market due to the automation of agricultural activities. However, South Africa and Nigeria are expected to grow at a significant rate in the forecast period.
In terms of vehicle types, tractors are dominating the farm tire market and would be dominating the market in the forecast period due to a reduction in manpower and efficient operations at high speed. However, harvesters and sprayers are also growing at a significant rate owing to the increasing awareness of the product features such as time efficiency and growing crop production.
The Middle East & Africa Farm Tire market report thoroughly covers the market by types, vehicle types, distribution and countries including Turkey, Saudi Arabia, UAE, Egypt, South Africa, Nigeria and the Rest of MEA. The MEA Farm Tire market outlook report provides an unbiased and detailed analysis of the on-going MEA Farm 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.
The MEA (Middle East & Africa) Farm Tire market report provides a detailed analysis of the following market segments: