Tag Archives: Saudi Arabia Tyre Market

Chinese Tire Brands to Continue their Dominance in Saudi Arabia: TechSci Research

Expanding vehicle fleet and improving economic condition to boost Saudi Arabia tire market through 2022

According to TechSci Research report, Saudi Arabia Tire Market By Vehicle Type, By Radial Vs, Bias, By Online vs Offline Sales Channel, Competition Forecast & Opportunities, 2012 – 2022, Saudi Arabia tire market is estimated to grow at a CAGR of over 8%, in value terms, during 2017-2022. Ongoing and upcoming government aided construction and infrastructure projects coupled with expanding vehicle fleet is anticipated to push demand for tires in Saudi Arabia over the course of next five years. Moreover, growing purchasing power of the citizens due to the country’s improving economic scenario and rising preference for retreaded tires is further anticipated to positively influence Saudi Arabia tire market during the forecast period.