Qatar Tyre Market Analysed & Forecast by TechSci Research in New Study Published at MarketPublishers.com22 Aug 2014 • by Natalie Aster
LONDON – At present, the Qatari tyre market is an import driven and largely replacement market with a high penetration of the Chinese tyre brands owing to their cost effectiveness and easy availability in comparison with flagship brands. Generally, harsh climate reduce the shell life of tyres in the country to around one and a half year. New construction activities, small product life and also ongoing infrastructure projects owing to upcoming FIFA World Cup 2022 are predicted to boost sales of commercial, passanger and OTR tyres in the country. Besides, the increase in per capita GDP, rise in employment and expanding urbanization and migration have allowed local consumers to readily accept novel tyre technologies.
In volume terms, the Qatari tyre market is poised to grow at a 6% CAGR during 2014-2019. The countries retreading tyre market is likely to increase at a 9% CAGR during the same period. Furthermore, the market share of the Chinese brands is expected to get smaller in the offing due to the launch of high quality tyres by flagship tyre brands.
New cutting-edge research report “Qatar Tyre Market Forecast and Opportunities, 2019” drawn up by TechSci Research offers a detailed analysis of the national tyre market and gives access to a set of updated data on the performance of the tyre market in Qatar.
The new study presents a profound look into the Qatari tyre market and contains a granular market segmentation analysis, an overview of the emerging opportunities and examination of the competitive landscape. Moreover, the report gives attention to the trends prevailing in the country’s tyre market, touches upon the regulative and pricing issues, provides details on the top market participants, unveils data on the market size and growth prospects, and also offers valuable strategic recommendations. In addition, market forecasts till 2019 are at hand in the study.
Qatar Tyre Market Forecast and Opportunities, 2019
Published: August, 2014
Price: US$ 1,800.00
Other New Markets Research Reports by TechSci Research Include:
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More new research studies by the publisher can be found at TechSci Research page.