Cameroon Two-Wheeler Tire Market size is estimated to grow at a CAGR of around 9.08% during the forecast period, i.e., 2024-30.                              

Cameroon Two-Wheeler Tire Market Driver:

High Unemployment Rate Increasing the Sales of Two-Wheelers – Growing levels of unemployment in Cameroon push individuals towards entrepreneurial endeavors and participation in the informal economy. According to the World Bank, the unemployment rate among the youth population has risen to around 7.1% in 2021 from around 6.4% in 2019. Owing to the high unemployment rate, individuals turn to activities such as motorcycle taxis, courier services, and small-scale businesses for income generation. As a result, there is a growing demand for two-wheelers to support these informal economic activities. This increased usage of motorcycles & scooters directly drives the demand for tires in the market.

In addition, unemployment fuels the growth of the informal economy, which heavily relies on efficient transportation for activities such as street vending, delivery services, and artisanal trades. Two-wheelers play a key role in facilitating mobility within the informal economy, enabling individuals to reach customers & job sites efficiently. The expansion of informal economy services leads to increased sales of two-wheelers and, subsequently, tires across the market.

Moreover, the introduction of motorcycle taxis, which are commonly called boda-bodas, has become a prominent mode of transportation, particularly in urban and peri-urban areas. Consequently, unemployed individuals turn to motorcycle taxi services as a means of generating income across the region. Therefore, the proliferation of motorcycle taxis significantly contributes to the overall sales of motorcycles, which positively generates the demand for tires. 

Download a free sample copy of the Report: https://www.marknteladvisors.com/query/request-sample/cameroon-two-wheeler-tire-market.html

Key Market Reports Highlights

·        Market Dimensions & Projections

·        Pricing Evaluation

·        Recent Strategic Moves by Companies

·        Primary Stakeholders

·        Import/Export Trend Analysis

·        Competitive Landscape Assessment

·        Emerging Opportunities

·        Market Trends and Indicators

*Reports Delivery Format - Market research studies from MarkNtel Advisors are offered in PDF, Excel and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address.

Browse Full Report including (TOC+ List of Table and Figures): https://www.marknteladvisors.com/research-library/cameroon-two-wheeler-tire-market.html

Cameroon Two-Wheeler Tire Market Segmentation:

The market report categorizes the market based on different segments and geographical analysis.

Study Timeline:

-Base Year: 2023

-Historical Period: 2019 to 2022

-Forecast Period: 2024 to 2030

• By Vehicle Type
  • Scooter & Moped- Market Size & Forecast 2019-2030, Thousand Units
  • Motorcycle- Market Size & Forecast 2019-2030, Thousand Units
• By Demand Type
  • OEMs- Market Size & Forecast 2019-2030, Thousand Units
  • Replacement- Market Size & Forecast 2019-2030, Thousand Units
• By Tire Type
  • Radial- Market Size & Forecast 2019-2030, Thousand Units
  • Bias- Market Size & Forecast 2019-2030, Thousand Units
• By Price Category
  • Budget (Up to USD11)- Market Size & Forecast 2019-2030, Thousand Units
  • Economy (USD12 to 30)- Market Size & Forecast 2019-2030, Thousand Units
  • Premium (Above USD30)-Market Size & Forecast 2019-2030, Thousand Units
• By Sales Channel
  • Online- Market Size & Forecast 2019-2030, Thousand Units
  • Multi Brand Stores - Market Size & Forecast 2019-2030, Thousand Units
  • Exclusive Stores - Market Size & Forecast 2019-2030, Thousand Units
• By Tire Size
  • 3.00 X 17 - Market Size & Forecast 2019-2030, Thousand Units
  • 2.75 X 17 - Market Size & Forecast 2019-2030, Thousand Units
  • 2.75-18 - Market Size & Forecast 2019-2030, Thousand Units
  • 100/90 X 17 - Market Size & Forecast 2019-2030, Thousand Units
  • Others (100/90-16,120/80-17, etc.) - Market Size & Forecast 2019-2030, Thousand Units

Competitive Landscape

With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including -   Bridgestone Corporation, Goodyear Tire and Rubber Company (Dunlop), Michelin, Continental AG, Yokohama TWS (Mitas), Pirelli Tyre S.p.A, Metzeler, Shinko Tyres, Kenda Tires, and Others

Have questions? Our consultant is ready to assist: https://www.marknteladvisors.com/query/talk-to-our-consultant/cameroon-two-wheeler-tire-market.html

We follow a tried-and-tested research methodology that blends top-down and bottom-up approaches to deliver highly accurate market insights. Every report is powered by data triangulation, ensuring well-rounded and validated findings.

From smart sample selection and reliable data collection to in-depth analysis and precise forecasting, our process is designed to minimize error and maximize impact.

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 80+ 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.

Contact Us

MarkNtel Advisors

Email: sales@marknteladvisors.com

Website: www.marknteladvisors.com

Latest Press Release - https://www.marknteladvisors.com/press-release