Executive Summery

This report presents a detailed overview of the Nigeria Two-Wheeler Tire Market, highlighting key insights into its market size, share, and growth during the forecast period, i.e., 2024-30. It explores emerging trends, competitive dynamics, and the core drivers reshaping the industry. Backed by solid data and expert analysis, the study offers segment-wise insights and reliable forecasts to guide strategic decisions. With comprehensive market analysis and forward-looking perspectives, this report serves as a practical tool for stakeholders navigating change. Whether you're an investor, policymaker, or business leader, this research helps you stay ahead in the fast-evolving Nigeria Two-Wheeler Tire industry landscape.

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Nigeria Two-Wheeler Tire Market Statistics and Key Highlights

The Nigeria Two-Wheeler Tire Market size is estimated to grow at a CAGR of around 8.64% during the forecast period, i.e., 2024–30.

• Nigeria Two-Wheeler Tire market shows steady growth
• Market size expanding due to rising industry demand
• Competitive landscape driven by tech and innovation
• Detailed segment-wise and geography wise share analysis
• Forecast reveals strong trends shaping future outlook

Key Player- Emerging Nigeria Two-Wheeler Tire Companies

• Bridgestone Corporation
• Goodyear Tire and Rubber Company(Dunlop)
• Michelin
• Continental AG
• Yokohama TWS (Mitas)
• Pirelli Tyre S.p.A.
• Apollo Tire
• JK Tyer
• CEAT

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Market Challenge:

Growing Illicit Trade of Tires to Hamper Market Growth –  Nigeria is facing a growing issue of the illicit two-wheeler tire trade, marked by deceptive practices like misdeclaration and rerouting to bypass duties. The emergence of such illicit trade is primarily attributed to certain entities and individuals engaging in deceptive practices or opting for alternative routes to avoid the legal obligations and financial responsibilities associated with tire imports. The expanding illicit trade in two-wheeler tires is exacerbating the penetration of counterfeit products in the region and introducing unfair competition across the market. Thus, growing illegal trade activities in Nigeria would significantly impact the market’s future growth & expansion.

Nigeria Two-Wheeler Tire Market Segmentation

By Vehicle Type

• Scooter and Moped- Market Size & Forecast 2019-2030, Thousand Units
• Motorcycle- Market Size & Forecast 2019-2030, Thousand Units

By Demand Type

• OEMs- Market Size & Forecast 2019-2030, Thousand Units
• Replacement- Market Size & Forecast 2019-2030, Thousand Units

By Tire Type

• Radial- Market Size & Forecast 2019-2030, Thousand Units
• Bias- Market Size & Forecast 2019-2030, Thousand Units

By Price Category

• Budget (Up to USD11 Per Unit)- Market Size & Forecast 2019-2030, Thousand Units
• Economy (USD12 to 30 Per unit)- Market Size & Forecast 2019-2030, Thousand Units
• Premium (Above USD30 Per Unit)-Market Size & Forecast 2019-2030, Thousand Units

By Sales Channel

• Online- Market Size & Forecast 2019-2030, Thousand Units
• Multi Brand Stores - Market Size & Forecast 2019-2030, Thousand Units
• Exclusive Outlets - Market Size & Forecast 2019-2030, Thousand Units
• Others - Market Size & Forecast 2019-2030, Thousand Units

By Tire Size

• 80/100-17- Market Size & Forecast 2019-2030, Thousand Units
• 100/90-17- Market Size & Forecast 2019-2030, Thousand Units
• 75 x 17 - Market Size & Forecast 2019-2030, Thousand Units
• 75-18- Market Size & Forecast 2019-2030, Thousand Units
• 00 x 17 50- Market Size & Forecast 2019-2030, Thousand Units
• 00 - 18- Market Size & Forecast 2019-2030, Thousand Units
• 90/90 - 17- Market Size & Forecast 2019-2030, Thousand Units
• Others (110/80-17, 90/90-18, 100/80-17,110/70-17,150/60-17, 120/80 - 17 etc.) - Market Size & Forecast 2019-2030, Thousand Units

By Region

• Midwest
• North
• East
• West

Reasons to Buy This Report

1. Gain comprehensive insights into current market trends and dynamics.
2. Equip your business with data-driven strategies for informed decisions.
3. Identify lucrative market opportunities and strategic growth areas.
4. Analyze competitors to enhance your positioning in the market landscape.
5. Understand geographical trends across diverse markets for better expansion strategies.

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