Zimbabwe Tyre Market Forecast and Opportunities, 2020 - Competitive Landscape and Strategic Recommendations

Dec 16, 2015, 07:30 ET from Research and Markets

DUBLIN, December 16, 2015 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/dx6z5d/zimbabwe_tyre) has announced the addition of the "Zimbabwe Tyre Market Forecast and Opportunities, 2020"  report to their offering. 

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The country's tyre market is dominated by the passenger car tyre segment, which accounted two-thirds of the market share in 2014

On account of lack of tyre manufacturers in the country, Zimbabwe is predominantly an import driven tyre market. Apollo Tyres is the only tyre company that operates its manufacturing plant in the country, with other major tyre players operating in Zimbabwe through import route being Bridgestone, Yokohama, Continental and Dunlop. 

With a population of around 14.5 million in 2014, Zimbabwe is one of the fast growing nations of the African continent. As of 2013, the vehicle motorization rate in Zimbabwe stood at around 60 vehicles (includes passenger cars & commercial vehicles) per 1,000 people. As a result, there is a huge potential for the country's automotive industry to grow in the coming years. In 2013, Zimbabwe launched its National Transport Policy aimed at promoting reliable, efficient, safe and sustainable road transport system in the country. 

Due to the poor condition of road network in Zimbabwe, the government plans to enhance its focus on strengthening the country's infrastructure, which is expected to drive demand for commercial vehicles in the coming years, thereby boosting commercial vehicle tyre market in the country. Also, government initiatives towards providing easy financing for tractors used in agriculture sector is expected to increase the demand for OTR tyres during the forecast period. 

Zimbabwe Tyre Market Forecast & Opportunities, 2020 report elaborates following aspects of tyre market expansion in Zimbabwe: 

  • Zimbabwe Tyre Market Size, Share & Forecast
  • Segmental Analysis - Passenger Car Tyres, Light Commercial Vehicle Tyres, Medium & Heavy Commercial Vehicle Tyres, Two Wheeler Tyres & OTR Tyres
  • Policy & Regulatory Landscape
  • Changing Market Trends and Emerging Opportunities
  • Competitive Landscape and Strategic Recommendations

Key Topics Covered: 

1. Research Methodology 

2. Analyst View 

3. Product Overview 

4. Zimbabwe Tyre Manufacturing Production Capacity 

5. Zimbabwe Tyre Market Outlook 

6. Zimbabwe Passenger Car (PC) Tyre Market Outlook 

7. Zimbabwe Medium & Heavy Commercial Vehicle (M&HCV) Tyre Market Outlook 

8. Zimbabwe Off-The-Road (OTR) Tyre Market Outlook 

9. Zimbabwe Light Commercial Vehicle (LCV) Tyre Market Outlook 

10. Zimbabwe Two-Wheeler (2W) Tyre Market Outlook 

11. Import-Export Analysis 

12. Market Dynamics 

13. Market Trends & Developments 

14. Policy & Regulatory Landscape 

15. Zimbabwe Economic Profile 

16. Competitive Landscape 

17. Strategic Recommendations 

Companies Mentioned 

- Apollo Tyre Company Limited (Dunlop Tyre
- Bridgestone Corp. 
- Continental AG 
- Hankook Tyre Co. Ltd. 
- Kumho Tyre Co., Inc. 
- Michelin North America, Inc. 
- Pirelli & C. SpA 
- The Yokohama Rubber Co., Ltd. 
- Toyo Tyre & Rubber Co., Ltd 

For more information visit http://www.researchandmarkets.com/research/dx6z5d/zimbabwe_tyre

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