Kenya Tire Market Overview and Insights:
According to MarkNtel Advisors Report, Kenya Tire Market size is valued at around USD 376 million in 2024 and is estimated to grow at a CAGR of around 5.7% during the forecast period, i.e., 2025-30. Kenya Tire Market research is an ongoing process. Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.
Time Period Captured in the Report:
Historical Years: 2020-23
Base Years: 2024
Forecast Years: 2025-30
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Who are the Key Players Operating in the Kenya Tire Industry?
The top companies of the Kenya Tire market ruling the industry are:
- Michelin Kenya Sdn Bhd
- Giti Tire Pte. Ltd.
- MRF
- Pirelli C.S.p.a
- Goodyear Tire Rubber Industries
- Sumitomo Rubber Industries, Ltd.
- Maxxis Tires Kenya
- Kumho Tyre
- Apollo Tyres Ltd.
- Bridgestone Middle East Africa FZE
- Others
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What is Included in Kenya Tire Market Segmentation?
The report has segmented the market into the following categories:
-By Vehicle Type
- Passenger Car
- Light Commercial Vehicle
- Medium and Heavy Commercial Vehicle
- Off-Road Vehicle
- Two- Wheeler
The Kenyan Tire Industry segmented by vehicle type shows that Passenger Car has the highest market share in both Value and Volume. It still occupies around 50-55% share of the market. It is predicted to rise at a CAGR of around 8-10% in the estimated period of 2025 to 2030. This growth is due to customer income, new car replacement, urbanization, technology, and the continued replacement demand. Companies currently operating in the market should focus on innovation, pursue strategic partnerships, and expand their distribution channels to effectively meet market demands and consumer needs.
-By Demand Type
- OEM-Market Size Forecast 2020-2030F, Units Sold (Thousands)
- Aftermarket-Market Size Forecast 2020-2030F, Units Sold (Thousands)
-By Tire Type
- Radial-Market Size Forecast 2020-2030F, Units Sold (Thousands)
- Bias-Market Size Forecast 2020-2030F, Units Sold (Thousands)
-By Sales Channel
- Online-Market Size Forecast 2020-2030F, Units Sold (Thousands)
- Direct Sales-Market Size Forecast 2020-2030F, Units Sold (Thousands)
- Multi Brand Stores-Market Size Forecast 2020-2030F, Units Sold (Thousands)
- Exclusive Outlets-Market Size Forecast 2020-2030F, Units Sold (Thousands)
-By Price Category
- Budget-Market Size Forecast 2020-2030F, Unit Sold (Thousand)
- Economy-Market Size Forecast 2020-2030F, Unit Sold (Thousand)
- Premium-Market Size Forecast 2020-2030F, Unit Sold (Thousand)
-By Season
- Summer-Market Size Forecast 2020-2030F, Unit Sold (Thousand)
- All Season-Market Size Forecast 2020-2030F, Unit Sold (Thousand)
-By Tire Size
- Tire Size 1 -Market Size Forecast 2020-2030F, Units Sold (Thousands)
- Tire Size 2 -Market Size Forecast 2020-2030F, Units Sold (Thousands)
- Tire Size 3 -Market Size Forecast 2020-2030F, Units Sold (Thousands)
- Tire Size 4 -Market Size Forecast 2020-2030F, Units Sold (Thousands)
- Tire Size 5- Market Size Forecast 2020-2030F, Units Sold (Thousands)
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For Further Queries:
- What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
- What are the trends influencing the current scenario of the market?
- What key factors would propel and impede the industry?
- How has the industry been evolving in terms of geography and product adoption?
- How has the competition been shaping up across various regions?
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