The Tanzania Two-Wheeler Tire Market size is estimated to grow at a CAGR of around 13.43% during the forecast period, i.e., 2024-30.
Tanzania Two-Wheeler Tire Market Driver:
The Emergence of Online Food Delivery Services – The increasing accessibility of the Internet and the expanding reach of mobile connectivity in the nation have been driving the surge in online food delivery services. Prominent platforms such as MyFoodness, Uber Eats, and Piki Tanzania are gaining traction, offering a diverse array of food and grocery items. Furthermore, the widespread adoption of digital payment solutions, including mobile money services, has been instrumental in overcoming traditional banking obstacles, contributing significantly to the burgeoning growth of the online food delivery sector in the country.
As a result, the combination of faster internet connections and the convenience of doorstep delivery has facilitated the widespread adoption of online food delivery platforms. Consequently, delivery service providers such as Duka, Mosidrop, etc., are now integrating two-wheelers such as motorbikes and scooters into their fleets to ensure swifter deliveries to customers. Given that these vehicles cover longer distances for timely deliveries, the consequential extensive wear and tear on their tires creates a demand for regular replacements.
Additionally, the growing popularity of online food delivery platforms has led to the introduction and expansion of new services in the country. For instance,
- In 2022, BeU Delivery, an on-demand food delivery service in Ethiopia, expand its services to Dar es Salaam, Tanzania.
This influx of new entrants in the food delivery industry prompted a higher reliance on motorcycles and scooters, favored for their agility, cost-effectiveness, and suitability for navigating congested urban areas for last-mile deliveries. The escalating use of these two-wheelers for food delivery has increased wear and tear on their tires, creating a sustained need for tire replacements. As a result, this factor is anticipated to drive the market for two-wheeler tires in the country during the forecast period.
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Key Market Reports Highlights
- Market Dimensions & Projections
- Pricing Evaluation
- Recent Strategic Moves by Companies
- Primary Stakeholders
- Import/Export Trend Analysis
- Competitive Landscape Assessment
- Emerging Opportunities
- Market Trends and Indicators
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Tanzania Two-Wheeler Tire Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2023
-Historical Period: 2019 to 2022
-Forecast Period: 2024 to 2030
- 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
- Direct Sales- 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
- 2.75 x 17 – Market Size & Forecast 2019-2030, Thousand Units
- 3.00 x 17- Market Size & Forecast 2019-2030, Thousand Units
- 3.00 – 18- 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
- East
- West
- South
- North
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including – Bridgestone Corporation, Michelin, Dunlop Tyres, Continental AG, Metzeler, Pirelli Tyre S.p.A, Inoue Rubber Co., Ltd., MRF, Shinko Tyres, CEAT, and others
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