Nigeria Tire Market Overview:

According to MarkNtel Advisors study the Nigeria Tire Market is projected to grow at a CAGR of around 3.45% during the forecast period, i.e., 2022-27. The growth of the market is driven primarily by the expanding vehicle fleet in Nigeria due to a paradigm shift of people toward private ownership of vehicles for transportation, i.e., making a direct influence on the demand for tires in the country.

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Scope of the Nigeria Tire Market Report Segmentation

-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
• Replacement

-By Type of Tire

• Radial
• Bias

-By Sales Channel

• Dealer/Distributor
• Online
• Others

-By Season

• All-season
• Summer

-By Price Category

• Low (Up to USD90)
• Medium (USD91-USD140
• High (Above USD140)

-By Rim Diameter

• Upto 12”
• 1” to 15”
• ” to 18”
• 1” to 20”
• 1” to 22.5”
• 6” to 26”
• 1” to 35”
• 1” to 47”
• Above 47”

For more detailed information about the Nigeria Tire market report, click here – https://www.marknteladvisors.com/research-library/nigeria-tire-market-analysis.html

Geographical analysis:

-By Region

• Midwest
• North
• East
• West

Current Landscape of Nigeria Tire Market

The report delineates key market participants and thoroughly assesses their strategic approaches, trends, innovations, and manufacturing infrastructure, enabling a forecast of their market impact over the next five years. The meticulously researched data presented holds the potential to distinguish even nascent market entrants in the long term. Armed with pertinent data and actionable insights, our research report delivers a comprehensive overview of the market, empowering investors and stakeholders to establish a robust presence in the Nigeria Tire market. The research report profiles major players, including

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• Continental
• Bridgestone
• Yokohama
• Hankook
• Goodyear
• Michelin
• Kumho
• Pirelli
• Triangle
• Hangzhou Zhongce

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