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According to the latest report by MarkNtel Advisors, titled “Algeria Tire Market 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 and Replacement), By Type of Tires (Radial and Bias), By Sales Channel (Dealer/Distributor, Online and Others), By Season (All season and Summer), By Price Category (Low (Up to USD70), Medium (USD71-USD90, High (Above USD90)), By Rim Diameter (Up to 12”, 12.1” to 15”, 15.1.” to 18”, 18.1” to 20”, 20.1” to 22.5”, 22.6” to 26”, 26.1” to 35”, 35.1” to 47”, Above 47”), The Algeria Tire Market is expected to grow at a CAGR of around 6% during the forecast period, i.e., 2022-27. The report provides a thorough analysis of the market, covering competitor dynamics, regional insights, and a detailed breakdown of industry segments.
Base Year: 2021
Forecast Period: 2022-27
Historical Data: 2017-20
CAGR (2022-2027): 6%
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-By Type of Tire
Of both, Radial tires outpaced the sales of Bias tires in the Algeria Tire Market in recent years and are anticipated to continue the same trend during 2022-27.
-By Demand Category
Here, OEMs (Original Equipment Manufacturers) are anticipated to demonstrate considerable market growth through 2027, principally due to the extensive presence of prominent tire manufacturers & automakers in Algeria, coupled with their mounting focus on producing & delivering tires with exceptional features & performance.
-By Type of Vehicles
-By Sales Channel
-By Season
-By Price Category
-By Rim Diameter
-By Region
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Algeria Tire Market Share Algeria Tire Market Trends Algeria Tire Market Growth