Africa Tire Market Size & Insights

The Africa Tire Market size was valued at around USD 6.35 billion in 2024 and is expected to reach USD 8.34 billion in 2030. Along with this, the market is estimated to grow at a CAGR of around 4.65% during the forecast period, i.e., 2025-30. The Global Africa Tire Market is significantly growing due to several growth factors, including the rapidly growing gaming industry, the rising demand for electronic devices, including TVs, smartphones, monitors, wearables, etc., the infrastructural development & expansion of production facilities, and the integration of artificial intelligence in Africa Tire. 

What are the Key DROs in the Africa Tire Market??

Rising Vehicle Parc Expansion and Urban Mobility Demands – The Africa tire market is experiencing robust growth, primarily driven by the continuous expansion of the vehicle parc across the continent. As urbanization accelerates and disposable incomes rise, more Africans are purchasing vehicles for both personal and commercial use. This surge in vehicle ownership, especially in passenger cars and light commercial vehicles, directly translates into higher demand for both original equipment manufacturer (OEM) and replacement tires.

What are the Key Segments in the Africa Tire Market?

The Africa Tire is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:

By Vehicle Type

-Passenger Car

-Light Commercial Vehicle (LCV)

-Medium and Heavy Commercial Vehicle (M&HCV)

-Two-Wheeler

-Three-Wheeler

-Off Road Tire (OTR)

By Demand Category

-OEMs

-Replacement

By Tire Type

-Radial

-Bias

By Sales Channel

-Direct Sales

-Online

-Multibrand Stores

By Rim Size

-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”

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By Country

-Nigeria

-Algeria

-Egypt

-Morocco

-South Africa

-Ethiopia

-Sudan

-Eritrea

-Djibouti

-Tanzania

-Ghana.

Who are the Key Players in Africa Tire Market?

Bridgestone, Goodyear, Michelin, Continental, Hankook, Kumho, Toyo, Triangle, Zhongce Rubber, Sumitomo and others.

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Africa Tire Market News

• 2025: BOE Technology Group showcased curved and foldable automotive displays up to 17 inches, featuring a unique “breathing display” design. The company also planned curved Mini LED monitors, including a 34″ (1500R, 165Hz) and a 39.7″ (1400R, 144Hz) model with high resolutions and over 1,000 dimming zones. These products began launching in late 2023 and continued into 2025.

• 2025: LG Display launched the LG UltraFine 40U990A-W is a 40-inch curved business monitor. It features a sharp 5K2K resolution (5120×2160), Thunderbolt 5 connectivity, and a smooth 120Hz refresh rate. With a 1000R curve, it offers an immersive viewing experience.

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• Risk Identification: Pinpoint challenges to inform strategic planning.
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