The Australia Tire Market report by MarkNtel Advisors – Market Research Company, offers a comprehensive analysis of the current state of the market, including an overview of key players, emerging trends, and future growth prospects. The report is segmented into various sections, each dedicated to different aspects of the market such as market size, geographical shares, competitive landscape, and market dynamics.
How Big is the Australia Tire Industry?
The Australia Tire Market size is expected to rise at a CAGR of around 4% during the forecast period 2022-2027.
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Australia Tire Market Growth Driver:
Increasing Construction Activities - Since the government of Australia is increasingly focusing on the development of the country's infrastructure, the number of construction projects for roads, highways, complexes, residential commercial buildings, educational institutions, healthcare facilities, among others, is escalating swiftly. It, in turn, is propelling the demand for robust vehicles construction equipment like bulldozers, cranes, excavators, and others.
As a result, this mounting demand for heavy vehicles is directly impacting the requirement for robust tires to deliver improved grips, stability on different terrains, and low rolling resistance traction, among other capabilities. Therefore, automakers tire manufacturers are seeking different opportunities to introduce new vehicles tires and expand their production capacities to suffice the burgeoning tire requirement and boost the market in the coming years.
Competitor Breakdown: Top Australia Tire Companies 2022-2027
- Bridgestone
- Goodyear and Dunlop Tyres
- Continental
- Yokohama
- Michelin
- Pirelli
- Kumho
- Hankook
- Toyo
- Federal tyres Australia
Note: Additional or any 5 specific company in the Market can be added to the list without any Extra cost.
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Geographical Analysis:
West, North, South, Queensland, New South Wales, Victoria.
- Share of each Geographical segment in the Market
- Potential growth opportunities in the Geographically
- The growth rate of the Geographical in the Industry
Breaking Down the Australia Tire Market Segmentation:
By Type of Vehicles
- Passenger Car
- Light Commercial Vehicle
- Buses and Trucks
- Medium and Heavy Commercial Vehicles
- Off the Road (OTR)
- Two Wheelers
- Three Wheeler
By Demand Category
- OEM
- Replacement
By Type of Tire
- Radial
- Bias
By Sales Channel
- Dealer/Exclusive Outlets
- Online
- Direct Sales
By Season
- All season
- Summer
By Price Category
- Budget (Up to USD90)
- Economy (USD91-USD140)
- Premium (Above USD140)
By Rim Diameter
- Upto 12”
- 1” to 15”
- 1.” to 18”
- 1” to 20”
- 1” to 22.5”
- 6” to 26”
- 1” to 35”
- 1” to 47”
- Above 47”
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