Saudi Arabia Tire Market Growth Trends & Future Outlook 2030

Future Saudi Arabia Tire Market: Key Dynamics, Size & Share Analysis

The Saudi Arabia Tire Marketis projected to grow at a CAGR of around 8% during the forecast period, i.e., 2025-30. The growth of the market is likely to be driven primarily by the rapidly growing vehicle fleet due to the rising per capita income of people & their mounting inclination toward private ownership of vehicles across Saudi Arabia. It, in turn, is directly influencing the demand for tires and stimulating the overall market growth. 

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Understanding the Core Segments in the Saudi Arabia Tire Market

Saudi Arabia Tire Market Size, Share & Industry Trends Analysis- By Type of Vehicles (Passenger Car, Light Commercial Vehicle, Medium and Heavy Commercial Vehicles, Off the Road (OTR), Two Wheelers), By Demand Category (OEM, Aftermarket), By Type of Tire (Radial, Bias), By Sales Channel (Direct Sales, Exclusive Outlets & Multi-brand Stores, Online), By Price Category (Budget, Economy, Premium), By Tire Size (Tire Size 1, Tire Size 2, Tire Size 3, Tire Size 4, Tire Size 5) and others

Geographical Analysis of the Saudi Arabia Tire Market

• East
• West
• South
• Central

Who Dominates the Saudi Arabia Tire Market Insights on Key Industry Players?

Companies are strengthening their presence in the Saudi Arabia Tire market by adopting strategies such as forming strategic alliances, leveraging AI, entering partnerships, pursuing mergers and acquisitions, expanding into new regions, and introducing innovative products and services.

• Continental AG
• Bridgestone Corporation
• Pirelli & C. S.p.A.
• Yokohama Rubber Company Limited
• Hankook Tire Co., Ltd.
• Goodyear Tire & Rubber Company
• Toyo Tire and Rubber Company
• Michelin Group
• Sumitomo Rubber Industries Limited
• Apollo Tires
• Others

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