Overview of the Qatar Tire Market: Key Statistics and Trends:

According to the latest report by MarkNtel Advisors, titled “Qatar Tire Market By Vehicle Type (Passenger Car, Light Commercial Vehicle (LCV), Medium & Heavy Commercial Vehicle (MHCV), Off-the-Road Vehicle, Two Wheeler), By Demand Type, (OEM, Replacement), By Tire Type (Radial, Bias), By Sales Channel (Online, Direct Sales, Multi Brand Stores, Exclusive Outlets), By Price Category (Budget, Economy, Premium), By Tire Size (Tire Size 1, Tire Size 2, Tire Size 3, Tire Size 4, Tire Size 5), and Others, The  Qatar Tire Market size is valued at around USD 6.5 billion in 2024 & is estimated to grow at a CAGR of around 10.5% during the forecast period, i.e., 2024-30. The report provides a thorough analysis of the market, covering competitor dynamics, regional insights, and a detailed breakdown of industry segments.

 Qatar Tire Market Growth and Scope:

Base Year: 2023

Forecast Period: 2024-30

Historical Data: 2019-22

CAGR (2024-30): 10.5%

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Qatar Tire Market Trend:

Airless Tires Gaining Traction –  Airless tires don’t require much maintenance as they reduce the risk of blowouts and add safety for the drivers by providing solid construction & the benefit of puncture resistance. Companies including Michelin Group, Bridgestone Corporation, Continental AG, Toyo Tire & Rubber Co., and Hankook Tire Co. Ltd. have already launched airless tires. The demand for these tires is also rising with increased safety, security, and lower costs to the environment. By using these tires, the need to check the pressure of tires gets eliminated, and they reduce the scrap generated by the scraped tires. Thus the environmental costs driven by rubber waste are reduced which contributes to sustainable development goals. Therefore, the benefits associated with the airless tires are anticipated to augment the demand for these products in the coming years which would ultimately drive the growth & expansion of the tire industry in Qatar.

A Comprehensive Analysis of Leading Companies of Qatar Tire Market by MarkNtel Advisors:

• Bridgestone Corporation
• Yokohama Qatar
• Hankook Tire Co. Ltd.
• Pirelli Tyre (Suisse) SA Middle East Branch
• Michelin
• Continental AG
• Toyo Tire & Rubber Co., Ltd.
• Goodyear Tires
• Apollo Tyres Ltd.
• Kumho Tyres
• Others

Key Qatar Tire Market Segmentation:

Explore Our Comprehensive Study: https://www.marknteladvisors.com/research-library/qatar-tire-market.html

-By Vehicle Type

• Passenger Car
• Light Commercial Vehicle (LCV)
• Medium & Heavy Commercial Vehicle (MHCV)
• Two Wheeler
• Off-the-Road (OTR) Vehicle

Among all the major types of vehicles, the passenger car segment in the Qatar Tire Market holds the largest share and is expected to hold the same in the forecast period as well.

-By Demand

• OEM
• Replacement

Based on the demand type, the largest market share of the Qatar Tire Market is held by replacement type demand and is expected to remain the same in the forecast period, as due to its harsh weather conditions in the country, the shelf life of tires is not more than four years, which keep on making the demand to replace old tires with the new tires after a specific period.

-By Tire Type

• Radial-Market Size & Forecast 2019-2030F, Thousand Units
• Bias-Market Size & Forecast 2019-2030F, Thousand Units

-By Sales Channel

• Online-Market Size & Forecast 2019-2030F, Thousand Units
• Direct Sales-Market Size & Forecast 2019-2030F, Thousand Units
• Multi Brand Stores-Market Size & Forecast 2019-2030F, Thousand Units
• Exclusive Outlets-Market Size & Forecast 2019-2030F, Thousand Units

-By Price Category

• Budget-Market Size & Forecast 2019-2030F, Thousand Units
• Economy-Market Size & Forecast 2019-2030F, Thousand Units
• Premium-Market Size & Forecast 2019-2030F, Thousand Units

-By Tire Size

• Tire Size 1 -Market Size & Forecast 2019-2030F, Thousand Units
• Tire Size 2 -Market Size & Forecast 2019-2030F, Thousand Units
• Tire Size 3 -Market Size & Forecast 2019-2030F, Thousand Units
• Tire Size 4 -Market Size & Forecast 2019-2030F, Thousand Units
• Tire Size 5- Market Size & Forecast 2019-2030F, Thousand Units

Geographical Analysis

-By Region

• Al Rayyan
• Al Khor
• Ad Dawhah
• Al Wakrah

Key Reports Highlights:

• Market Dimensions & Projections
• Pricing Evaluation,
• Recent Strategic Moves by Companies,
• Primary Stakeholders,
• Analysis of Import and Export Trends,
• Competitive Landscape Assessment,
• Emerging Opportunities,
• Market Trends and Indicators

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Key Advantages of the Report by MarkNtel Advisors:

• Accurate Revenue Projections: The report provides precise revenue estimates for the market and its key sub segments, benefiting both market leaders and new entrants.
• Strategic Insights for Stakeholders: By understanding the competitive landscape, stakeholders can strategically position their businesses and develop effective go-to-market strategies.
• Comprehensive Market Dynamics Analysis: The report offers valuable insights into the key drivers, restraints, challenges, and opportunities within the market, helping stakeholders make well-informed decisions.

Note: If you need additional information not included in the report, we can customize it to suit your requirements.

About Us –

MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 10.50+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

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