1. Market Research
  2. > Automotive
  3. > Auto Parts Market Trends
Nigeria Tire Market, By Vehicle Type, By Tire Type By Demand Category Type, By Rim Size Type, By Selling Platform Type, Competition, Forecast & Opportunities, 2025

Nigeria Tire Market, By Vehicle Type, By Tire Type By Demand Category Type, By Rim Size Type, By Selling Platform Type, Competition, Forecast & Opportunities, 2025

  • January 2020
  • 76 pages
  • ID: 5843941
  • Format: PDF
  • By TechSci Research


Table of Contents

Nigeria Tire Market, By Vehicle Type (Passenger Car, Commercial Vehicle, Two Wheeler, OTR), By Tire Type (Radial vs Bias) By Demand Category Type (OEM vs Replacement), By Rim Size Type (Up to 15 Inch, 16 to 20 Inch, Above 20 Inch), By Selling Platform Type (Online vs Offline), Competition, Forecast & Opportunities, 2025F

Nigeria tire market is expected to grow from around $ 443 million in 2019 to over USD540 million by 2025.The major factors responsible for the rising sales of tires include growing vehicle fleet size, lack of public transport and growing preference of two-wheeler as mode of transportation. The automobile sector of the country has been witnessing various setbacks over the last couple of years. Major reason for slowdown of the automotive sector was due to several macroeconomic challenges, such as currency fluctuations and declining global oil prices, that affected the Nigerian economy, consequently impacting the country’s automobile industry.
However, the Government of Nigeria has introduced several reforms and favorable policies to safeguard the automotive sector of the country.The Nigeria tire market is segmented based on vehicle type, tire type, demand category type, rim size type, regional share and company.

The vehicle type segment is divided into passenger car, commercial vehicle, two-wheeler, off the road vehicles.
Chinese brands play a major role in Nigeria tire market due to to their easy availability at cheaper prices in comparison to other global brand tires, such as Bridgestone, Goodyear, Michelin, etc. The tire brands are working on new products development, and capacity expansion in order to meet the growing demand.

Years considered for this report:

Historical Years: 2015-2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021-2025

Objective of the Study:

o To analyze and forecast the market size of Nigeria Tire market.
o To classify and forecast Nigeria Tire market based on Vehicle type, Tire type, Demand category type, Rim size type, Selling Platform type, company and regional distribution.
o To identify drivers and challenges for Nigeria Tire market.
o To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Nigeria Tire market.
o To conduct pricing analysis of Nigeria Tire market.
o To identify and analyze the profile of leading players operating in Nigeria Tire market.

Some of the leading players in Nigeria Tire market are Michelin, Goodyear, Bridgestone, Dunlop, Continental, Bf Good Rich, and various Chinese players like Infinity, Firestone, etc. The analyst performed both primary as well as exhaustive secondary research for this study.

In order to perform the study, the analyst conducted primary as well as exhaustive secondary research.Initially, the analyst prepared an exhaustive list of tire dealers and distributors operating in different regions of Nigeria.

Subsequently, the analyst conducted primary research surveys, which included primary calls, email responses, etc., with the identified companies. While interviewing, the respondents were also asked about their major competitors. Through this technique, the analyst was able to include distributors / dealers which could not be identified due to the limitations of secondary research. The analyst examined product offerings, distribution channels and regional presence of all major tire distributors across the country.
The analyst calculated Nigeria Tire market size by using a bottom-up approach, where data for various end-user segments was recorded and forecast for the future years. The analyst sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size.

Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by the analyst.

Key Target Audience:

o Tire manufacturers, suppliers, distributors and other stakeholders
o Government bodies such as regulating authorities and policy makers
o Organizations, forums and alliances related to tire market
o Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, tire market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

o Market, by Vehicle Type:
o Passenger Car
o Commercial vehicle
o Two-Wheeler
o Off the Road Vehicles

o Market, by Tire Type:
o Radial
o Bias
o Market, By Demand Category:
o Replacement
o Market, By Rim Size:
o Up to 15 Inch
o 16 To 20 Inch
o Above 20 Inch

o Market, by Selling Platform:
o Online
o Offline
o Market, By Region:

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Nigeria Tire market.

Available Customizations:

With the given market data, we offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

o Detailed analysis and profiling of additional market players (up to five).

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.


Reportlinker.com © Copyright 2020. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on