Middle East & Africa Farm Tire Market Size & Outlook
Middle East & Africa farm tire market, 2018-2030 (US$M)
Related Markets
MEA farm tire market highlights
- The MEA farm tire market generated a revenue of USD 481.2 million in 2022.
- The market is expected to grow at a CAGR of 4.2% from 2023 to 2030.
- In terms of segment, bias was the largest revenue generating product in 2022.
- Radial is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, South Africa is expected to register the highest CAGR from 2023 to 2030.
MEA data book summary
| Market revenue in 2022 | USD 481.2 million |
| Market revenue in 2030 | USD 667.7 million |
| Growth rate | 4.2% (CAGR from 2022 to 2030) |
| Largest segment | Bias |
| Fastest growing segment | Radial |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Bias, Radial |
| Key market players worldwide | Bridgestone Corp, Continental AG, Compagnie Financiere Richemont SA Class A, Sumitomo Rubber Industries Ltd, Titan International Inc, Michelin, Carlisle Companies Inc, Yokohama Rubber Co Ltd, Trelleborg AB ADR |
Other key industry trends
- In terms of revenue, MEA region accounted for 6.3% of the global farm tire market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 5,496.7 million by 2030.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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Farm Tire Market Scope
Farm Tire Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa farm tire market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to farm tire market will help companies and investors design strategic landscapes.
Bias was the largest segment with a revenue share of 80.26% in 2022. Horizon Databook has segmented the Middle East & Africa farm tire market based on bias, radial covering the revenue growth of each sub-segment from 2018 to 2030.
- Middle East & Africa Farm Tire Product Outlook (Revenue, USD Million, 2018-2030)
- Bias
- OEM
- Aftermarket
- Radial
- OEM
- Aftermarket
- Bias
- Middle East & Africa Farm Tire Application Outlook (Revenue, USD Million, 2018-2030)
- Tractors
- Small
- Bias
- Radial
- Medium
- Bias
- Radial
- Large
- Bias
- Radial
- Ultra Large
- Bias
- Radial
- Small
- Harvesters
- Bias
- Radial
- Forestry
- Bias
- Radial
- Irrigation
- Bias
- Radial
- Implements
- Bias
- Radial
- Sprayers
- Bias
- Radial
- Tractors
- Middle East & Africa Farm Tire Distribution Outlook (Revenue, USD Million, 2018-2030)
- OEM
- Bias
- Radial
- Aftermarket
- Bias
- Radial
- OEM
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Target buyers of Middle East & Africa farm tire market databook
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Our clientele includes a mix of farm tire market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa farm tire market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa farm tire market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA farm tire market size, by country, 2018-2030 (US$M)
Middle East & Africa Farm Tire Market Outlook Share, 2022 & 2030 (US$M)
Related regional statistics
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