Market Insights: Cameroon Two-Wheeler Tire Industry Size, Share, and Growth Forecasts for 2030

Cameroon Two-Wheeler Tire Market Overview and Insights:

According to MarkNtel Advisors Report, the Cameroon Two-Wheeler Tire Market projected to grow at a CAGR of around 9.08% during the forecast period, i.e., 2024-30.

Cameroon Two-Wheeler 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: 2019-22

Base Years: 2023

Forecast Years: 2024-30

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Cameroon Two-Wheeler Tire Market Opportunity:

Growing E-Commerce Sector to Offer Enough Space for Growth & Expansion – E-commerce is emerging in Cameroon due to government initiatives like a national e-commerce strategy and advances in mobile payment technology. Further, under Cameroon’s long-term Vision 2035, the development of ICTs has been set as a strategic priority. The country hopes to become an emerging digital economy by 2035, further boosting e-commerce in the coming years. As e-commerce grows in Cameroon, there would be a proliferation of last-mile delivery services, courier services, etc., to fulfill orders and reach customers. Consequently, the demand for two-wheelers is projected to increase for navigating through urban areas quickly and accessing locations that may be challenging for larger vehicles.

This anticipated growth in the utilization of two-wheelers is expected to drive the demand for two-wheeler tires in the coming years. As two-wheelers are extensively used for transportation and delivery purposes, tires will experience gradual tread degradation and wear and tear, necessitating regular replacement to ensure optimal performance and safety.

Who are the Key Players Operating in the Cameroon Two-Wheeler Tire Industry?

The top companies of the Cameroon Two-Wheeler Tire market ruling the industry are:

Bridgestone Corporation
Goodyear Tire and Rubber Company(Dunlop)
Michelin
Continental AG
Yokohama TWS (Mitas)
Pirelli Tyre S.p.A
Metzeler
Shinko Tyres
Kenda Tires
Others

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What is Included in Cameroon Two-Wheeler Tire Market Segmentation?

The report has segmented the market into the following categories:

-By Vehicle Type

Scooter & Moped
Motorcycles

The scooter & moped segment holds a significant share of the Cameroon Two-Wheeler Tire Market and is anticipated to be in the same trend during the forecast period. These vehicles are popular choices for urban commuting due to their compact size, fuel efficiency, and maneuverability in congested city streets. As urbanization rates continue to rise in Cameroon, the demand for scooters and mopeds is expected to increase further. Although quick delivery providers such as Uber Eat, etc., in Cameroon are still opting for mopeds and scooters, which is a key factor driving their sales in the country. As delivery services rely heavily on two-wheelers for their operations, there is a constant need to maintain and replace tires due to the high mileage and intensive usage they endure.

Moreover, the rise of ride-sharing and delivery services in urban locales has heightened the demand for scooters and mopeds. As these services increasingly embrace scooters and mopeds, the need for tire replacement remains constant, driven by their accelerated wear and tear stemming from extensive usage and high mileage.

-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)- Market Size & Forecast 2019-2030, Thousand Units
Economy (USD12 to 30)- Market Size & Forecast 2019-2030, Thousand Units
Premium (Above USD30)-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 Stores - Market Size & Forecast 2019-2030, Thousand Units

-By Tire Size

00 X 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
100/90 X 17 - Market Size & Forecast 2019-2030, Thousand Units
Others (100/90-16,120/80-17, etc.) - Market Size & Forecast 2019-2030, Thousand Units

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