According to recent findings, 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.

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Qatar Tire Overview:

The high growth of the Qatar Tire Market is a virtue of increasing demand in the automobile industry across the country. Further, the all-time high disposable income of individuals, the prosperity, and the stable nature of the economy of Qatar are helping to keep the growth rate always higher for the tire industry in the country. Individuals here, owing to their high standard of living and higher GDP per capita believe in owning a personal vehicle. Owning a vehicle doesn’t only fulfill their need for movement & transportation but it also works as a status of living for them. Thus, the increase in sales of four and two-wheelers in the country is always providing the opportunity for growth of the tire manufacturing industries in the country.

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Qatar Tire Outlook and Future Trends :

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.

Global Qatar Tire Segmentation Analysis:

By Vehicle Type

• Passenger Car-Market Size & Forecast 2019-2030F, Thousand Units
• Light Commercial Vehicle (LCV) -Market Size & Forecast 2019-2030F, Thousand Units
• Medium & Heavy Commercial Vehicle (MHCV) -Market Size & Forecast 2019-2030F, Thousand Units
• Off-the-Road Vehicle -Market Size & Forecast 2019-2030F, Thousand Units
• Two Wheeler-Market Size & Forecast 2019-2030F, Thousand Units

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 Type

• OEM-Market Size & Forecast 2019-2030F, Thousand Units
• Replacement-Market Size & Forecast 2019-2030F, Thousand Units

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

By Region

• Al Rayyan
• Al Khor
• Ad Dawhah
• Al Wakrah
• Rest of Qatar.

For deeper insights into the market, explore the summary of the research report – https://www.marknteladvisors.com/research-library/qatar-tire-market.html

Some of the Market players in the Global Qatar Tire are:

• 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.

Qatar Tire Recent Development:

• 2024: The Vredestein Wintrac Pro+ is a premium winter tire from Apollo Tyres that is intended for extremely high-performance cars and SUVs, including electric vehicles (EVs).

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Key Highlights of the Report – Unlock Valuable Market Insights

• Market Size, Share & Future Projections – Understand the current market dimensions and forecasted growth trajectory.
• In-Depth Pricing Analysis – Get clarity on pricing trends and cost structures across segments.
• Company Strategies & Developments – Discover recent mergers, acquisitions, partnerships, and innovations.
• Key Stakeholders & Value Chain Insights – Identify the main players and their roles within the industry ecosystem.
• Import & Export Dynamics – Analyze global trade flows, regional export trends, and supply chain movements.
• Competitive Benchmarking – Gain a clear view of the leading companies and their market positioning.
• Emerging Growth Opportunities – Spot untapped areas and niche markets for potential investment.
• Market Trends & Growth Drivers – Stay ahead with insights into evolving consumer behavior and industry indicators.

Research Methodology Summary

A systematic approach is used to ensure accurate market insights, combining both bottom-up and top-down methods. Data triangulation validates findings from multiple angles.

Key Steps:

• Define objectives and research design
• Collect data through surveys and interviews
• Analyze and validate data using reliable tools
• Forecast trends and deliver actionable insights

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