KSA Tire Market Size, Share, Outlook, and Opportunity Analysis, 2021 - 2028

KSA Tire Market
KSA Tire Market 


The Kingdom of Saudi Arabia (KSA) is one of the largest economies in the Middle East, with a rapidly growing population and a thriving automotive industry. The tire market in KSA is an essential part of the country's automotive sector, with significant demand for both replacement tires and original equipment manufacturers (OEM) tires.

Market Size and Growth

The tire market in KSA is expected to grow at a Compound Annual Growth Rate (CAGR) of around 10% between 2021 and 2026. The increasing number of vehicles on the roads, coupled with the rising disposable income of the Saudi population, is driving this growth.

The KSA Tire Market is segmented into three categories: passenger cars, commercial vehicles, and two-wheelers. Passenger cars dominate the market, accounting for around 75% of the total tire sales. The demand for tires for commercial vehicles is also growing rapidly due to the increasing logistics and transportation industry in the country. The two-wheeler market is relatively small but has significant growth potential due to the increasing popularity of motorcycles and scooters in the country.

Importance of Replacement Tires

The replacement tire KSA Tire Market is the largest segment of the tire industry in KSA, accounting for around 85% of total tire sales. The harsh weather conditions in the region, such as extreme heat and sandstorms, wear out tires quickly, resulting in frequent replacements. Additionally, the country's strict regulations on vehicle safety and emissions require regular tire maintenance and replacement.

The increasing number of aging vehicles on the roads is also driving the demand for replacement tires. According to the General Authority for Statistics (GASTAT), the average age of passenger cars in the country is around eight years. As vehicles age, their tires are more likely to wear out, leading to higher demand for replacements.

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