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Zimbabwe Tyre Market Forecast and Opportunities, 2020

  • November 2015
  • -
  • TechSci Research
  • -
  • 94 pages

With a population of around 14.5 million in 2014, Zimbabwe is one of the fast growing nations of the African continent. As of 2013, the vehicle motorization rate in Zimbabwe stood at around 60 vehicles (includes passenger cars & commercial vehicles) per 1,000 people. As a result, there is a huge potential for the country’s automotive industry to grow in the coming years. In 2013, Zimbabwe launched its National Transport Policy aimed at promoting reliable, efficient, safe and sustainable road transport system in the country. Due to the poor condition of road network in Zimbabwe, the government plans to enhance its focus on strengthening the country’s infrastructure, which is expected to drive demand for commercial vehicles in the coming years, thereby boosting commercial vehicle tyre market in the country. Also, government initiatives towards providing easy financing for tractors used in agriculture sector is expected to increase the demand for OTR tyres during the forecast period.

According to the TechSci Research report, “Zimbabwe Tyre Market Forecast & Opportunities, 2020", the country’s tyre market is dominated by the passenger car tyre segment, which accounted two-thirds of the market share in 2014. On account of lack of tyre manufacturers in the country, Zimbabwe is predominantly an import driven tyre market. Apollo Tyres is the only tyre company that operates its manufacturing plant in the country, with other major tyre players operating in Zimbabwe through import route being Bridgestone, Yokohama, Continental and Dunlop. “Zimbabwe Tyre Market Forecast & Opportunities, 2020” report elaborates following aspects of tyre market expansion in Zimbabwe:

- Zimbabwe Tyre Market Size, Share & Forecast
- Segmental Analysis – Passenger Car Tyres, Light Commercial Vehicle Tyres, Medium & Heavy Commercial Vehicle Tyres, Two Wheeler Tyres & OTR Tyres
- Policy & Regulatory Landscape
- Changing Market Trends and Emerging Opportunities
- Competitive Landscape and Strategic Recommendations

Why You Should Buy This Report?

- To gain an in-depth understanding of tyre market in Zimbabwe
- To identify the on-going trends and segment wise anticipated growth in the coming years
- To help industry consultants, tyre companies and other stakeholders to align their market-centric strategies
- To obtain research based business decision and add weight to presentations and marketing material
- To gain competitive knowledge of leading players
- To avail 10% customization in the report without any extra charges and get research data or trends added in the report as per the buyer’s specific needs

Report Methodology

The information contained in this report is based on both primary and secondary sources. Primary research included interviews with tyre companies, distributors, retailers and industry experts. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.

Table Of Contents

Zimbabwe Tyre Market Forecast and Opportunities, 2020
1. Research Methodology
2. Analyst View
3. Product Overview
4. Zimbabwe Tyre Manufacturing Production Capacity
5. Zimbabwe Tyre Market Outlook
5.1. Market Size and Forecast
5.1.1. By Value and Volume
5.2. Market Share and Forecast
5.2.1. By Vehicle Type
5.2.2. By Company
5.2.3. By Region
6. Zimbabwe Passenger Car (PC) Tyre Market Outlook
6.1. Market Size and Forecast
6.1.1. By Value and Volume
6.2. Market Share and Forecast
6.2.1. By Vehicle Type
7. Zimbabwe Medium and Heavy Commercial Vehicle (MandHCV) Tyre Market Outlook
7.1. Market Size and Forecast
7.1.1. By Value and Volume
8. Zimbabwe Off-The-Road (OTR) Tyre Market Outlook
8.1. Market Size and Forecast
8.1.1. By Value and Volume
9. Zimbabwe Light Commercial Vehicle (LCV) Tyre Market Outlook
9.1. Market Size and Forecast
9.1.1. By Value and Volume
9.2. Market Size and Forecast
9.2.1. By Vehicle Type
10. Zimbabwe Two-Wheeler (2W) Tyre Market Outlook
10.1. Market Size and Forecast
10.1.1. By Value and Volume
11. Import-Export Analysis
12. Market Dynamics
12.1. Drivers
12.2. Challenges
13. Market Trends and Developments
13.1. Growing Retread Tyre Market
13.2. Increasing Demand for Chinese Tyres
13.3. Reviving Vehicle Sales
13.4. Expanding MandHCV Segment
13.5. Trading Partners of PC Tyre Import
14. Policy and Regulatory Landscape
15. Zimbabwe Economic Profile
16. Competitive Landscape
16.1. Apollo Tyre Company Limited (Dunlop Tyre)
16.2. Bridgestone Corp.
16.3. The Yokohama Rubber Co., Ltd.
16.4. Continental AG
16.5. Pirelli and C. SpA
16.6. Michelin North America, Inc.
16.7. Hankook Tyre Co. Ltd.
16.8. Toyo Tyre and Rubber Co., Ltd
16.9. Kumho Tyre Co., Inc.
17. Strategic Recommendations

List of Figures

Figure 1: Zimbabwe Tyre Market Size, By Value (USD Million), By Volume (Million Units), 2010-2020F
Figure 2: Zimbabwe Tyre Market Share, By Vehicle Type, By Volume, 2010-2020F
Figure 3: Zimbabwe Tyre Market Share, By Company, By Volume, 2014-2020F
Figure 4: Zimbabwe Tyre Market Share, By Region, By Volume, 2014 and 2020F
Figure 5: Zimbabwe Passenger Car Tyre Market Size, By Value (USD Million), By Volume (Million Units), 2010-2020F
Figure 6: Zimbabwe Passenger Car Tyre Market Share, By Vehicle Type, By Volume, 2014-2020F
Figure 7: Zimbabwe Medium and Heavy Commercial Vehicle Tyre Market Size, By Value (USD Million), By Volume (Million Units), 2010-2020F
Figure 8: Zimbabwe Off-The-Road Tyre Market Size, By Value (USD Million), By Volume (Million Units), 2010-2020F
Figure 9: Zimbabwe Light Commercial Vehicle Tyre Market Size, By Value (USD Million), By Volume (Million Units), 2010-2020F
Figure 10: Zimbabwe Light Commercial Vehicle Tyre Market Share, By Vehicle Type, By Volume, 2014-2020F
Figure 11: Zimbabwe Two-Wheeler Tyre Market Size, By Value (USD Million), By Volume (Million Units), 2010-2020F
Figure 12: Zimbabwe Tyre Imports, By Value (USD Million), By Volume (Million Units), 2010-2014
Figure 13: Zimbabwe Tyre Exports, By Value (USD Million), By Volume (Million Units), 2010-2014

List of Tables

Table 1: Zimbabwe Tyre Production Capacity, By Company, By Plant Location, By Establishment Date, By Volume, 2014
Table 2: Zimbabwe Tyre Market Average Selling Price (ASP), 2010-2014 (USD)
Table 3: Zimbabwe Vehicle Sale, 2010-2014 (Units)
Table 4: Zimbabwe Passenger Car Tyre Market, By Vehicle Type, By Volume, 2014-2020F (Million Units)
Table 5: Zimbabwe Active Infrastructure Projects
Table 6: Zimbabwe Light Commercial Vehicle Tyre Market Size, By Vehicle Type, By Volume, 2014-2020F (Million Units)
Table 7: Zimbabwe Tyre Import, By Segment, By Value, 2010-2014 (USD Million)
Table 8: Zimbabwe Tyre Import, By Vehicle Type, By Volume, 2010-2014 (Million Units)
Table 9: Zimbabwe Tyre Exports, By Vehicle Type, By Value, 2010-2014 (USD Million)
Table 10: Zimbabwe Tyre Export, By Vehicle Type, By Volume, 2010-2014 (Million Units)
Table 11: Zimbabwe Automobile Fleet, By Vehicle Type, By Volume, 2010-2014 (Units)
Table 12: Zimbabwe New Vehicle Sales, 2010-2014 (Units)
Table 13: Zimbabwe Passenger Car Tyre Imports, By Country, By Value, 2010-2014 (USD)
Table 14: Import Duty on Passenger Motor Vehicle (With Effect from 1st September 2015)
Table 15: Import Duty on Tyres, By HS Code, By Trade Agreements


Companies Mentioned
1. Apollo Tyre Company Limited (Dunlop Tyre)
2. Bridgestone Corp.
3. The Yokohama Rubber Co., Ltd.
4. Continental AG
5. Pirelli and C. SpA
6. Michelin North America, Inc.
7. Hankook Tyre Co. Ltd.
8. Toyo Tyre and Rubber Co., Ltd
9. Kumho Tyre Co., Inc.

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