The Angola 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 Angola Tire Industry?

The Angola Tire Market size is expected to rise at a CAGR of around 12% during the forecast period 2021-2026.

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Angola Tire Market Growth Driver:

Abundant Presence of Oil & Mineral Reserves in Angola - Angola is the second-largest oil-producing country in Sub-Saharan Africa and harbors a significant number of gas reserves & extensive mineral resources. Hence, the mining sector in the country is witnessing an upswing, which, in turn, is augmenting the demand for mining equipment and positively influencing the sales & production of robust tires for enhanced efficiency.

Besides, growing awareness among vehicle owners about vehicle safety & the need to timely replace tires is further anticipated to fuel the adoption of tires for mining equipment. As a result, it would generate lucrative growth opportunities for the leading players to increase their import business to meet the rising tire requirements and drive the Angola Tire Market during the forecast period.

Competitor Breakdown: Top Angola Tire Companies 2021-2026

• Bridgestone Corp.
• Continental Tires
• Michelin
• Goodyear
• Hankook
• Kumho Tires

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Geographical Analysis:

AI Khor, Ad Dawhah, AI Wakrah, AI Rayyan

• 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 Angola Tire Market Segmentation:

By Vehicle Type

• Passenger Cars
  • SUV
  • Sedan
  • Hatchback & Bakkies
• Light Commercial Vehicles (LCV)
  • Light Trucks
  • Light Buses
  • Pickup trucks & Vans
• Medium & High Commercial Vehicles
  • Bus
  • Truck
• Two Wheelers
  • Moped
  • Scooters
  • Motorcycles
• Off the Road (OTR)
  • Earthmoving Equipment
  • Material Handling Equipment
  • Industrial & Mining Equipment

By Demand Type

• OEM
• Replacement

By Type of Tire

• Radial
• Bias

By Season

• All Season
• Summer

By Sales Channel

• Online
• Dealers/ Exclusive Outlets
• Others

By Rim Size

• 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”

By Price Category

• Low
• Medium
• High

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