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Research and Markets announces addition of ‘Saudi Arabia Tyre Market Forecast and Opportunities, 2018′ report

: Sunday, April 06 - 2014 @ 11:41

Research and Markets has announced the addition of the “Saudi Arabia Tyre Market Forecast & Opportunities, 2018″ report to their offering.

Saudi Arabia is one of the largest and strongest automotive markets in Middle Eastern region. Even though, there is negligible domestic production of automobiles in the country, the vehicle sales are increasing at a strong pace, mainly driven by the imports which in trun have resulted in huge demand for automotive aftermarket products such as Tyres. Global tyre companies such as Yokohama, Bridgestone, Hankook, and Michelin are the leading players in Saudi Arabia’s tyre market and are operating in the country through their authorized distributors/ importers.

According to Saudi Arabia Tyre Market Forecast & Opportunities, 2018, the tyre market in Saudi Arabia is expected to grow at the CAGR of around 12% during 2013-18 in terms of market revenues. The continuous increase in the demand for automobiles along with the shorter tyre replacement cycle will drive the tyre industry in the country during the forecasted period. The passenger car tyre segment dominates the tyre market in Saudi Arabia, followed by the commercial vehicle tyre segment. The growing industrialization and increasing investments in the country are further likely to push the demand for automobiles and tyres in Saudi Arabia over the next five years. In addition, the demand for tyres is also increasing due to foray of technologically improved tyres, which provide more fuel efficiency and vehicle safety.

Report Methodology

The information contained in this report is based upon both primary and secondary sources. Primary research included interviews with tyre manufacturers, distributors and industry experts. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports, and proprietary databases.

Analyst access

All report purchases include up to 45 minutes telephone time with our Industry Analyst who will help you link key findings in the report to the business issues you’re addressing. This needs to be used within two months of purchasing the report.

Key Topics Covered:

1. Executive Summary

2. Saudi Arabia Tyre Market Outlook

3. Saudi Arabia Replacement Tyre Market

4. Saudi Arabia Passenger Car Tyre Market Outlook

5. Saudi Arabia Commercial Vehicle Tyre Market Outlook

6. Saudi Arabia Other Tyre Market Outlook

7. Raw Material Analysis

8. Trade Dynamics

9. Sales Distribution Analysis

10. SWOT Analysis of Saudi Arabia Automotive Market

11. Market Dynamics

12. Policy and Regulatory Landscape

13. Market Trends & Developments

14. Saudi Arabia Economic Outlook

15. Competitive Landscape

16. Strategic Recommendations

17. Research Methodology

Companies Mentioned:

Bridgestone
Continental
Goodyear
Hankook
Michelin
Pirelli
Yokohama

Contact:

Laura Wood
Research and Markets
+353-1-481-1716

Jenan Al-Mussawi
PR Newswire Middle East and North Africa
+971 4401 9600

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Sunday, April 6- 2014 @ 11:41 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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