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Saudi Arabia Commercial Vehicle Tire Market (By Tire Types, Truck Tires, Bus Tires) By Tire Applications (Long-Haul Transportation, Regional Transportation, Urban Delivery, Construction and Industrial) By Tire Technologies (All-Season Tires, Winter Tires, Summer Tires, Run-Flat Tires, Low Rolling Resistance Tires, Retread Tires) By Distribution Channels (Tire Dealers and Retailers, Online Retail, Direct Sales to Fleets) By End Users (Transportation and Logistics Companies, Construction and Industrial Companies, Public Transportation) – Growth, Future Prospects & Competitive Analysis, 2022 – 2030

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Published: | Report ID: 30648 | Report Format : PDF

Market Insights

  • Saudi Arabia’s demand for commercial vehicle tires was valued at USD xx million in 2022 and is expected to reach USD xx million in 2030, growing at a CAGR of 2.50% between 2023 and 2030.
  • Truck tires are the leading segment of tire types. On the other hand, bus tires are expected to grow at a strong CAGR.
  • The leading tire applications segment is long-haul transportation.
  • The CAGR for all-season tires is expected to be the highest during the projection period.
  • During the forecast time frame, the tire dealers and retailers category will likely have the highest CAGR.
  • The transportation and logistics companies segment is estimated to have the greatest CAGR during the forecast period.
  • The drivers propelling the growth of the Saudi Arabian commercial vehicle tire market are economic expansion, which increases transportation and logistics activities, and continuous infrastructure projects, which call for an expanding fleet of construction and logistical vehicles.
  • The elements that generate the potential for the Saudi Arabian commercial vehicle tire market are government initiatives, the size and composition of the fleet, and the growth of e-commerce.

Saudi Arabia Commercial Vehicle Tire Market

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Executive Summary

Market Definition

The industry and market dynamics surrounding the production, distribution, sale, and upkeep of tyres specially made for commercial vehicles in the Kingdom of Saudi Arabia are referred to as the Saudi Arabian commercial vehicle tire market. Commercial vehicles are any kind of car used for transportation or business, including vans, trucks, buses, and other heavy-duty vehicles.

Market Overview

The Saudi Arabia commercial vehicle tires market has been expanding steadily in recent years. Between 2023 and 2030, it is anticipated to rise at a CAGR of 2.50%. The market was estimated to be worth USD xx million in 2022 and is anticipated to be worth USD xx million in 2030.

Various other industries are growing because of the increased efforts made by important authorities to create other revenue streams and lessen reliance on the oil and gas industry. During the projected period, the Saudi construction industry will have substantial development prospects due to several ongoing reforms and initiatives by important authorities, including the National Transformation Programme, Saudi Vision 2030, and high-end private sector investment.

To improve living conditions and boost the country’s economy, the government is launching infrastructure development and construction projects. As per the 2022 report of the US-Saudi Business Council, Saudi Arabia invested over USD 12.3 billion in construction during the first quarter of 2022. Commercial vehicles like cement mixers, front-end loaders, pickup trucks, and dump trucks are needed for upcoming large building projects like the Sakani Housing Programme, Amaala, Red Sea Project, Neom Business City, and Qiddiya City in Riyadh.

Tire wear and tear increases with commercial vehicle use on hard building sites. During the forecast period, Saudi Arabia’s commercial vehicle tire market is anticipated to increase due to investments in higher-performance commercial vehicles and the need to replace tires.

Segmentation by Tire Types

  • Truck tires are the market leader in tire types. Economic activity has a direct impact on the demand for truck tires. When the economy grows, there is usually more movement of commodities and a greater demand for transport services. Truck tyres become more necessary due to this increased demand for trucks.
  • Bus tires will exhibit a sizable CAGR during the projected period. Public transit is frequently needed when metropolitan areas expand, and people congregate in cities, resulting in increased demand for bus tires.

Segmentation by Tire Applications

  • The main tire application category is long-haul transportation. The trucking sector is frequently linked to long-distance transportation. Long-haul freight is usually transported by vehicles, particularly semi-trucks or tractor-trailers. Because these cars can travel large distances quickly, they are a top option for long-distance freight transportation.
  • The regional transportation category will likely register a significant CAGR during forecasting. The movement of automobiles, including cars, trucks, and motorbikes, is facilitated by a network of municipal roads and highways in regional transportation. These roads link up the residential neighbourhoods, business districts, and industrial zones in a certain location.
  • Other tire applications, such as urban delivery, construction, and industrial, also contribute to the demand for commercial vehicle tires in Saudi Arabia.

Segmentation by Tire Technologies

  • The all-season tires category will experience the highest CAGR during the projection period. All-season tyres are made to operate well in various weather situations, such as light winter, wet, and dry conditions.
  • Other tire technologies, such as winter tires, summer tires, run-flat tires, low rolling resistance tires, and retread tires, also contributes to the demand for Saudi Arabia commercial vehicle tire.

Segmentation by Distribution Channels

  • Tire dealers and retailers will likely have the highest CAGR during the projection period. Tire dealers and retailers are essential in the automobile sector because they help customers find the right tyres for their needs. Tire sales, installations, and maintenance are the activities of these companies.
  • Other distribution channels, such as online retail and direct sales to fleets, also contribute to the demand for Saudi Arabia commercial vehicle tires.

Segmentation by End Users

  • Transportation and logistics companies are expected to have the highest CAGR during the prediction period. The need for commercial vehicle tyres is strongly impacted by fleets’ size and growth strategies in transportation and logistics. Tyre updates and replacements are constantly required for businesses growing their fleets or maintaining sizable ones.
  • Other end users, such as construction, industrial companies, and public transportation, also contribute to the demand for Saudi Arabian commercial vehicle tires.

Grocery and everyday goods purchases are being made online by young people who are tech-aware. The ease with which e-commerce customers can place orders from the comfort of their homes drives them to spend far more money and make more purchases than they would in a physical store. Efficient supply chains are necessary to meet the increased demand from customers in the burgeoning e-commerce industry. Products are delivered by commercial vehicles to distributors and customers after being transported to storage facilities. Compared to transportation by passenger car, commercial trucks may go farther and have greater storage spaces.

Market participants invest more in commercial vehicle purchases due to rising consumer demand. In Saudi Arabia, this is anticipated to increase demand for tyres for commercial vehicles throughout the forecast period.

Key Highlights of the Report

The Saudi Arabian commercial vehicle tire market is segmented by tire types, tire applications, tire technologies, distribution channels, and end users. Truck tires are the market spearhead, and long-haul transportation is the top tire application segment. During the forecast period, the all-season tires category is expected to grow at the highest CAGR, and the tire dealers and retailers category is anticipated to experience the highest CAGR.

To increase yields, agriculturally deficient economies have started implementing automation techniques and farm machinery outfitted with Internet of Things capabilities. Farm mechanisation trends are becoming more popular in Saudi Arabia due to labour shortages and the growing need for increased agricultural productivity. This is driving demand for heavy agricultural machinery, including tractors, combines, and harvesters, which need dependable and long-lasting tyres to perform heavy-duty tasks.

The Saudi Arabian commercial vehicle tire market is driven by the growing trend of precision farming, which uses GPS and other sensors to gather data on the precise amount of water, fertiliser, pesticide, and herbicide needed to produce the highest yield per acre of land. These tyres, known as IF (Increased Flexion) and VF (Very-High Flexion) farm tyres, are designed to make farming operations easier and reduce soil compaction while increasing yields.

Which Key Factors Are Driving The Saudi Arabia Commercial Vehicle Tire Market?

The Saudi Arabian commercial vehicle tire market is growing due to growing public transportation, which stimulates demand for tyres for buses and other passenger vehicles. Other factors driving this growth include vehicle import and export and technological developments.

What Are The Key Challenges In The Saudi Arabia Market For Commercial Vehicle Tire?

Several challenges, including intense competition, price pressure, and fluctuating raw material prices, impede the growth of the Saudi Arabian commercial vehicle tire market.

What Market Opportunities Exist For Saudi Arabia Commercial Vehicle Tire?

Growing adoption of digital technologies, investing in research and development, raising brand awareness, and adapting to local market conditions. These factors create major opportunities for the Saudi Arabia commercial vehicle tire market.

Market Drivers

Several factors influence the market for Saudi Arabia commercial vehicle tires. The main factors influencing the market for Saudi Arabia commercial vehicle tires are as follows:

The Growing Utilisation of Telematics Technology in Commercial Vehicle Tires to Enable Real-Time Diagnostics

The commercial vehicle tire industry in Saudi Arabia is expanding due to the growing usage of telematics technology in tires for real-time testing. Telematics involves data transmission across large distances achieved by combining informatics with telecommunications. Telematics technology makes it possible to track tyre parameters in real-time, such as temperature and pressure. This aids in spotting possible problems like under or overheating, which are important causes of tire-related mishaps. Tyres with telematics capabilities may become more popular due to improved safety features.

Early tyre problem identification made possible by real-time diagnosis promotes preventive maintenance and reduces unplanned breakdowns. For commercial vehicle operators looking to fulfil delivery deadlines and optimise their operations, this decrease in unscheduled downtime is essential and will boost fleet efficiency. The integration of telematics technology into commercial vehicle tyres is consistent with the industry’s broader trends, which prioritise efficiency, safety, and sustainability in transportation and logistics. Technology is expected to play a bigger part in the commercial vehicle tyre market as it develops, driving growth in Saudi Arabia.

Market Restraints

Several challenges could prevent the expansion of the Saudi Arabian market for commercial vehicle tires. Among them are the following:

The Growing Cost of Tires

Tire prices are rising in Saudi Arabia due to rising transportation and raw material expenses. Saudi Arabia raised the rates of customs duties on several goods in 2020, including tires and automobile raw materials. Furthermore, the global disruption of tire market supply chains has resulted from an increasing scarcity of drivers in the trucking business, adversely affecting prices throughout Saudi Arabia. Due to Saudi Arabia’s enormous tire demand and the rising need for goods that directly impact truck mileage, the commercial tire sector is also experiencing shortages.

Opportunities

The Saudi Arabian market for commercial vehicle tires presents significant potential opportunities. The following is an example of these:

Growth in the Transportation and Logistics Sector

The commercial vehicle tire industry has significant prospects due to Saudi Arabia’s expanding transportation and logistics sector. Initiatives for fleet modernization may be motivated by expanding transportation needs. There will likely be a greater need for tyres as older cars are refurbished or replaced with newer versions. Tyre producers can benefit from this trend by offering premium, cutting-edge tyres for contemporary commercial vehicles. Increased demand for commercial trucks used in last-mile delivery of goods results from the growth of e-commerce. These delivery vehicles—from vans to small trucks—need sturdy tyres because they will stop and start frequently. Manufacturers of tyres can meet this particular market need. There may be specific requirements for certain segments within the transportation and logistics industry. For difficult terrain, the construction and heavy-duty logistics industries, for instance, can need tyres with certain properties. Saudi Arabian tyre producers have a chance to offer speciality tyres for these purposes.

Competitive Landscape

Saudi Arabia Commercial Vehicle Tire Market Report

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Key Players

The Saudi Arabian market for commercial vehicle tires is very competitive, with many powerful players. Some of the leading market participants and their corresponding market shares are listed below:

  • Bridgestone Middle East & Africa FZE
  • Hankook Tire
  • Continental ME
  • Michelin AIM FZE
  • Yokohama Rubber Company
  • Others

These companies prioritise mergers and acquisitions, expanding their distribution network, and developing new products to remain competitive.

The leading competitors in the Saudi Arabian market for commercial vehicle tires constantly seek an advantage by introducing new products and technological advancements.

In May 2023, Yokohama Off-Highway Tires (YOHT) introduced the Agri Star II R-I. This radial tire features Stratified Layer Technology (SLT) to ensure higher lug competency. After 40% wear, a multi-angle profile layer of the lug comes into contact with the ground, increasing the tire’s central contact area, improving its grip, and improving its roadability.

In February 2020, Bridgestone announced its most recent innovation: a strain sensor outfitted with Internet of Things (IoT) technologies. Owners of vehicles can use this function to monitor tyre temperature and pressure as well as the dynamic variations in load that happen when the tyre is in use.

Summary of Key Findings

  • The Saudi Arabian commercial vehicle tire market continues to grow due to the increasing popularity of retreaded tires.
  • The market is segmented by tire types, tire applications, tire technologies, distribution channels, and end users.
  • Truck tires are the most preferred tire types in the market.
  • Long-haul transportation is the most common in terms of tire applications.
  • Regarding CAGR, all-season tires are expected to grow fastest during the forecast period.
  • The tire dealers and retailers categories will likely see the highest CAGR during the anticipated time frame.
  • The Saudi Arabian commercial vehicle tire market is highly competitive, with key players including Bridgestone Middle East & Africa FZE, Hankook Tire, Continental ME, Michelin AIM FZE, Yokohama Rubber Company, and others.

Future Outlook

  • Optimistic viewpoint for Saudi Arabia’s commercial vehicle tire industry with noteworthy growth potential.
  • The growing adoption of tire monitoring systems is one of the main elements driving the expansion of Saudi Arabia’s commercial vehicle tire market.
  • The rising labour costs might significantly challenge the market’s expansion during the projected period.
  • Foremost companies must concentrate on product innovation, expanding their market reach, and maintaining competitive pricing to stay ahead.

Segmentation

  • By Tire Types
    • Truck Tires
    • Bus Tires
  • By Tire Applications
    • Long-Haul Transportation
    • Regional Transportation
    • Urban Delivery
    • Construction and Industrial
  • By Tire Technologies
    • All-Season Tires
    • Winter Tires
    • Summer Tires
    • Run-Flat Tires
    • Low Rolling Resistance Tires
    • Retread Tires
  • By Distribution Channels
    • Tire Dealers and Retailers
    • Online Retail
    • Direct Sales to Fleets
  • By End Users
    • Transportation and Logistics Companies
    • Construction and Industrial Companies
    • Public Transportation

Table of Content
1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Market Introduction
2. Executive Summary
2.1. Market Snapshot: Saudi Arabia Commercial Vehicle Tire Market
2.1.1. Saudi Arabia Commercial Vehicle Tire Market, By Tire Types
2.1.2. Saudi Arabia Commercial Vehicle Tire Market, By Tire Applications
2.1.3. Saudi Arabia Commercial Vehicle Tire Market, By Tire Technologies
2.1.4. Saudi Arabia Commercial Vehicle Tire Market, By Distribution Channels
2.1.5. Saudi Arabia Commercial Vehicle Tire Market, By End Users
2.2. Insights from Primary Respondents
3. Market Dynamics & Factors Analysis
3.1. Introduction
3.1.1. Saudi Arabia Commercial Vehicle Tire Market Value, 2017-2030, (US$ Mn)
3.1.2. Y-o-Y Growth Trend Analysis
3.2. Market Dynamics
3.2.1. Commercial Vehicle Tire Market Drivers
3.2.2. Commercial Vehicle Tire Market Restraints
3.2.3. Commercial Vehicle Tire Market Opportunities
3.2.4. Major Commercial Vehicle Tire Industry Challenges
3.3. Growth and Development Patterns
3.4. Investment Feasibility Analysis
3.5. Market Opportunity Analysis
3.5.1. Tire Types
3.5.2. Tire Applications
3.5.3. Tire Technologies
3.5.4. Distribution Channels
3.5.5. End Users
4. Market Competitive Landscape Analysis
4.1. Company Market Share Analysis, 2022
4.1.1. Saudi Arabia Commercial Vehicle Tire Market: Company Market Share, Value 2022
4.1.2. Saudi Arabia Commercial Vehicle Tire Market: Top 6 Company Market Share, Value 2022
4.1.3. Saudi Arabia Commercial Vehicle Tire Market: Top 3 Company Market Share, Value 2022
4.2. Saudi Arabia Commercial Vehicle Tire Market: Company Revenue Share Analysis, 2022
4.3. Company Assessment Metrics, 2022
4.3.1. Stars
4.3.2. Emerging Leaders
4.3.3. Pervasive Players
4.3.4. Participants
4.4. Startups/ SMEs Assessment Metrics, 2022
4.4.1. Progressive Companies
4.4.2. Responsive Companies
4.4.3. Dynamic Companies
4.4.4. Starting Blocks
4.5. Strategic Development
4.5.1. Acquisition and Mergers
4.5.2. New Product Launch
4.5.3. Regional Expansion
4.5.4. Partnerships
4.6. Key Player Product Matrix
4.7. Potential for New Players in the Saudi Arabia Commercial Vehicle Tire Market
5. Premium Insights
5.1. STAR (Situation, Task, Action, Results) Analysis
5.2. Porter’s Five Forces Analysis
5.2.1. Threat of New Entrants
5.2.2. Bargaining Power of Buyers/Consumers
5.2.3. Bargaining Power of Suppliers
5.2.4. Threat of Substitute Types
5.2.5. Intensity of Competitive Rivalry
5.3. PESTEL Analysis
5.3.1. Political Factors
5.3.2. Economic Factors
5.3.3. Social Factors
5.3.4. Technological Factors
5.3.5. Environmental Factors
5.3.6. Legal Factors
5.4. Key Market Trends
5.4.1. Demand Side Trends
5.4.2. Supply Side Trends
5.5. Value Chain Analysis
5.6. Technology Analysis
5.6.1. Research and development in the Saudi Arabia Market
5.6.2. Patent Analysis
5.6.3. Emerging technologies and their potential disruption to the market
5.7. Consumer Behaviour Analysis
5.7.1. Consumer Preferences and Expectations
5.7.2. Factors Influencing Consumer Buying Decisions
5.7.3. Consumer Pain Points
5.8. Analysis and Recommendations
5.9. Adjacent Market Analysis
6. Market Positioning of Key Players, 2022
6.1. Company market share of key players, 2022
6.2. Competitive Benchmarking
6.3. Market Positioning of Key Vendors
6.4. Geographical Presence Analysis
6.5. Major Strategies Adopted by Key Players
6.5.1. Key Strategies Analysis
6.5.2. Mergers and Acquisitions
6.5.3. Partnerships
6.5.4. Product Launch
6.5.5. Geographical Expansion
6.5.6. Others
7. Impact Analysis of COVID 19 and Russia – Ukraine War on Saudi Arabia Commercial Vehicle Tire Market
7.1. Ukraine-Russia War Impact
7.1.1. Uncertainty and Economic Instability
7.1.2. Supply chain disruptions
7.1.3. Regional market shifts
7.1.4. Shift in government priorities
7.2. COVID-19 Impact Analysis
7.2.1. Supply Chain Disruptions
7.2.2. Demand Fluctuations
7.2.3. Shift in Product Mix
7.2.4. Reduced Industrial Activity
7.2.5. Impact Analysis
7.2.5.1. Saudi Arabia
8. Saudi Arabia Commercial Vehicle Tire Market, By Tire Types
8.1. Saudi Arabia Commercial Vehicle Tire Market Overview, by Tire Types
8.1.1. Saudi Arabia Commercial Vehicle Tire Market Revenue Share, By Tire Types, 2022 Vs 2030 (in %)
8.2. Truck Tires
8.2.1. Saudi Arabia Commercial Vehicle Tire Market, By Truck Tires, 2017-2030 (US$ Mn)
8.2.2. Market Dynamics for Truck Tires
8.2.2.1. Drivers
8.2.2.2. Restraints
8.2.2.3. Opportunities
8.2.2.4. Trends
8.3. Bus Tires
8.3.1. Saudi Arabia Commercial Vehicle Tire Market, By Bus Tires, 2017-2030 (US$ Mn)
8.3.2. Market Dynamics for Bus Tires
8.3.2.1. Drivers
8.3.2.2. Restraints
8.3.2.3. Opportunities
8.3.2.4. Trends
9. Saudi Arabia Commercial Vehicle Tire Market, By Tire Applications
9.1. Saudi Arabia Commercial Vehicle Tire Market Overview, by Tire Applications
9.1.1. Saudi Arabia Commercial Vehicle Tire Market Revenue Share, By Tire Applications, 2022 Vs 2030 (in %)
9.2. Long-Haul Transportation
9.2.1. Saudi Arabia Commercial Vehicle Tire Market, By Long-Haul Transportation, 2017-2030 (US$ Mn)
9.2.2. Market Dynamics for Long-Haul Transportation
9.2.2.1. Drivers
9.2.2.2. Restraints
9.2.2.3. Opportunities
9.2.2.4. Trends
9.3. Regional Transportation
9.3.1. Saudi Arabia Commercial Vehicle Tire Market, By Regional Transportation, 2017-2030 (US$ Mn)
9.3.2. Market Dynamics for Regional Transportation
9.3.2.1. Drivers
9.3.2.2. Restraints
9.3.2.3. Opportunities
9.3.2.4. Trends
9.4. Urban Delivery
9.4.1. Saudi Arabia Commercial Vehicle Tire Market, By Urban Delivery, 2017-2030 (US$ Mn)
9.4.2. Market Dynamics for Urban Delivery
9.4.2.1. Drivers
9.4.2.2. Restraints
9.4.2.3. Opportunities
9.4.2.4. Trends
9.5. Construction and Industrial
9.5.1. Saudi Arabia Commercial Vehicle Tire Market, By Construction and Industrial, 2017-2030 (US$ Mn)
9.5.2. Market Dynamics for Construction and Industrial
9.5.2.1. Drivers
9.5.2.2. Restraints
9.5.2.3. Opportunities
9.5.2.4. Trends
10. Saudi Arabia Commercial Vehicle Tire Market, By Tire Technologies
10.1. Saudi Arabia Commercial Vehicle Tire Market Overview, by Tire Technologies
10.1.1. Saudi Arabia Commercial Vehicle Tire Market Revenue Share, By Tire Technologies, 2022 Vs 2030 (in %)
10.2. All-Season Tires
10.2.1. Saudi Arabia Commercial Vehicle Tire Market, By All-Season Tires, 2017-2030 (US$ Mn)
10.2.2. Market Dynamics for All-Season Tires
10.2.2.1. Drivers
10.2.2.2. Restraints
10.2.2.3. Opportunities
10.2.2.4. Trends
10.3. Winter Tires
10.3.1. Saudi Arabia Commercial Vehicle Tire Market, By Winter Tires, 2017-2030 (US$ Mn)
10.3.2. Market Dynamics for Winter Tires
10.3.2.1. Drivers
10.3.2.2. Restraints
10.3.2.3. Opportunities
10.3.2.4. Trends
10.4. Summer Tires
10.4.1. Saudi Arabia Commercial Vehicle Tire Market, By Summer Tires, 2017-2030 (US$ Mn)
10.4.2. Market Dynamics for Summer Tires
10.4.2.1. Drivers
10.4.2.2. Restraints
10.4.2.3. Opportunities
10.4.2.4. Trends
10.5. Run-Flat Tires
10.5.1. Saudi Arabia Commercial Vehicle Tire Market, By Run-Flat Tires, 2017-2030 (US$ Mn)
10.5.2. Market Dynamics for Run-Flat Tires
10.5.2.1. Drivers
10.5.2.2. Restraints
10.5.2.3. Opportunities
10.5.2.4. Trends
10.6. Low Rolling Resistance Tires
10.6.1. Saudi Arabia Commercial Vehicle Tire Market, By Low Rolling Resistance Tires, 2017-2030 (US$ Mn)
10.6.2. Market Dynamics for Low Rolling Resistance Tires
10.6.2.1. Drivers
10.6.2.2. Restraints
10.6.2.3. Opportunities
10.6.2.4. Trends
10.7. Retread Tires
10.7.1. Saudi Arabia Commercial Vehicle Tire Market, By Retread Tires, 2017-2030 (US$ Mn)
10.7.2. Market Dynamics for Retread Tires
10.7.2.1. Drivers
10.7.2.2. Restraints
10.7.2.3. Opportunities
10.7.2.4. Trends
11. Saudi Arabia Commercial Vehicle Tire Market, By Distribution Channels
11.1. Saudi Arabia Commercial Vehicle Tire Market Overview, by Distribution Channels
11.1.1. Saudi Arabia Commercial Vehicle Tire Market Revenue Share, By Distribution Channels, 2022 Vs 2030 (in %)
11.2. Tire Dealers and Retailers
11.2.1. Saudi Arabia Commercial Vehicle Tire Market, By Tire Dealers and Retailers, 2017-2030 (US$ Mn)
11.2.2. Market Dynamics for Tire Dealers and Retailers
11.2.2.1. Drivers
11.2.2.2. Restraints
11.2.2.3. Opportunities
11.2.2.4. Trends
11.3. Online Retail
11.3.1. Saudi Arabia Commercial Vehicle Tire Market, By Online Retail, 2017-2030 (US$ Mn)
11.3.2. Market Dynamics for Online Retail
11.3.2.1. Drivers
11.3.2.2. Restraints
11.3.2.3. Opportunities
11.3.2.4. Trends
11.4. Direct Sales to Fleets
11.4.1. Saudi Arabia Commercial Vehicle Tire Market, By Direct Sales to Fleets, 2017-2030 (US$ Mn)
11.4.2. Market Dynamics for Direct Sales to Fleets
11.4.2.1. Drivers
11.4.2.2. Restraints
11.4.2.3. Opportunities
11.4.2.4. Trends
12. Saudi Arabia Commercial Vehicle Tire Market, By End Users
12.1. Saudi Arabia Commercial Vehicle Tire Market Overview, by End Users
12.1.1. Saudi Arabia Commercial Vehicle Tire Market Revenue Share, By End Users, 2022 Vs 2030 (in %)
12.2. Transportation and Logistics Companies
12.2.1. Saudi Arabia Commercial Vehicle Tire Market, By Transportation and Logistics Companies, 2017-2030 (US$ Mn)
12.2.2. Market Dynamics for Transportation and Logistics Companies
12.2.2.1. Drivers
12.2.2.2. Restraints
12.2.2.3. Opportunities
12.2.2.4. Trends
12.3. Construction and Industrial Companies
12.3.1. Saudi Arabia Commercial Vehicle Tire Market, By Construction and Industrial Companies, 2017-2030 (US$ Mn)
12.3.2. Market Dynamics for Construction and Industrial Companies
12.3.2.1. Drivers
12.3.2.2. Restraints
12.3.2.3. Opportunities
12.3.2.4. Trends
12.4. Public Transportation
12.4.1. Saudi Arabia Commercial Vehicle Tire Market, By Public Transportation, 2017-2030 (US$ Mn)
12.4.2. Market Dynamics for Public Transportation
12.4.2.1. Drivers
12.4.2.2. Restraints
12.4.2.3. Opportunities
12.4.2.4. Trends
13. Company Profiles
13.1. Bridgestone Middle East & Africa FZE
13.1.1. Company Overview
13.1.2. Products/Services Portfolio
13.1.3. Geographical Presence
13.1.4. SWOT Analysis
13.1.5. Financial Summary
13.1.5.1. Market Revenue and Net Profit (2019-2022)
13.1.5.2. Business Segment Revenue Analysis
13.1.5.3. Geographical Revenue Analysis
13.2. Hankook Tire
13.3. Continental ME
13.4. Michelin AIM FZE
13.5. Yokohama Rubber Company
13.6. Others
14. Research Methodology
14.1. Research Methodology
14.2. Phase I – Secondary Research
14.3. Phase II – Data Modelling
14.3.1. Company Share Analysis Model
14.3.2. Revenue Based Modelling
14.4. Phase III – Primary Research
14.5. Research Limitations
14.5.1. Assumptions

List of Figures
FIG. 1 Saudi Arabia Commercial Vehicle Tire Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Saudi Arabia Commercial Vehicle Tire Market Segmentation
FIG. 4 Saudi Arabia Commercial Vehicle Tire Market, by Tire Types, 2022 (US$ Mn)
FIG. 5 Saudi Arabia Commercial Vehicle Tire Market, by Tire Applications, 2022 (US$ Mn)
FIG. 6 Saudi Arabia Commercial Vehicle Tire Market, by Tire Technologies, 2022 (US$ Mn)
FIG. 7 Saudi Arabia Commercial Vehicle Tire Market, by Distribution Channels, 2022 (US$ Mn)
FIG. 8 Saudi Arabia Commercial Vehicle Tire Market, by End Users, 2022 (US$ Mn)
FIG. 9 Attractive Investment Proposition, by Tire Types, 2022
FIG. 10 Attractive Investment Proposition, by Tire Applications, 2022
FIG. 11 Attractive Investment Proposition, by Tire Technologies, 2022
FIG. 12 Attractive Investment Proposition, by Distribution Channels, 2022
FIG. 13 Attractive Investment Proposition, by End Users, 2022
FIG. 14 Saudi Arabia Market Share Analysis of Key Commercial Vehicle Tire Market Manufacturers, 2022
FIG. 15 Saudi Arabia Market Positioning of Key Commercial Vehicle Tire Market Manufacturers, 2022
FIG. 16 Saudi Arabia Commercial Vehicle Tire Market Value Contribution, By Tire Types, 2022 & 2030 (Value %)
FIG. 17 Saudi Arabia Commercial Vehicle Tire Market, by Truck Tires, Value, 2017-2030 (US$ Mn)
FIG. 18 Saudi Arabia Commercial Vehicle Tire Market, by Bus Tires, Value, 2017-2030 (US$ Mn)
FIG. 19 Saudi Arabia Commercial Vehicle Tire Market Value Contribution, By Tire Applications, 2022 & 2030 (Value %)
FIG. 20 Saudi Arabia Commercial Vehicle Tire Market, by Long-Haul Transportation, Value, 2017-2030 (US$ Mn)
FIG. 21 Saudi Arabia Commercial Vehicle Tire Market, by Regional Transportation, Value, 2017-2030 (US$ Mn)
FIG. 22 Saudi Arabia Commercial Vehicle Tire Market, by Urban Delivery, Value, 2017-2030 (US$ Mn)
FIG. 23 Saudi Arabia Commercial Vehicle Tire Market, by Construction and Industrial, Value, 2017-2030 (US$ Mn)
FIG. 24 Saudi Arabia Commercial Vehicle Tire Market Value Contribution, By Tire Technologies, 2022 & 2030 (Value %)
FIG. 25 Saudi Arabia Commercial Vehicle Tire Market, by All-Season Tires, Value, 2017-2030 (US$ Mn)
FIG. 26 Saudi Arabia Commercial Vehicle Tire Market, by Winter Tires, Value, 2017-2030 (US$ Mn)
FIG. 27 Saudi Arabia Commercial Vehicle Tire Market, by Summer Tires, Value, 2017-2030 (US$ Mn)
FIG. 28 Saudi Arabia Commercial Vehicle Tire Market, by Run-Flat Tires, Value, 2017-2030 (US$ Mn)
FIG. 29 Saudi Arabia Commercial Vehicle Tire Market, by Low Rolling Resistance Tires, Value, 2017-2030 (US$ Mn)
FIG. 30 Saudi Arabia Commercial Vehicle Tire Market, by Retread Tires, Value, 2017-2030 (US$ Mn)
FIG. 31 Saudi Arabia Commercial Vehicle Tire Market Value Contribution, By Distribution Channels, 2022 & 2030 (Value %)
FIG. 32 Saudi Arabia Commercial Vehicle Tire Market, by Tire Dealers and Retailers, Value, 2017-2030 (US$ Mn)
FIG. 33 Saudi Arabia Commercial Vehicle Tire Market, by Online Retail, Value, 2017-2030 (US$ Mn)
FIG. 34 Saudi Arabia Commercial Vehicle Tire Market, by Direct Sales to Fleets, Value, 2017-2030 (US$ Mn)
FIG. 35 Saudi Arabia Commercial Vehicle Tire Market Value Contribution, By End Users, 2022 & 2030 (Value %)
FIG. 36 Saudi Arabia Commercial Vehicle Tire Market, by Transportation and Logistics Companies, Value, 2017-2030 (US$ Mn)
FIG. 37 Saudi Arabia Commercial Vehicle Tire Market, by Construction and Industrial Companies, Value, 2017-2030 (US$ Mn)
FIG. 38 Saudi Arabia Commercial Vehicle Tire Market, by Public Transportation, Value, 2017-2030 (US$ Mn)

List of Tables
TABLE 1 Market Snapshot: Saudi Arabia Commercial Vehicle Tire Market
TABLE 2 Saudi Arabia Commercial Vehicle Tire Market: Market Drivers Impact Analysis
TABLE 3 Saudi Arabia Commercial Vehicle Tire Market: Market Restraints Impact Analysis
TABLE 4 Saudi Arabia Commercial Vehicle Tire Market, by Competitive Benchmarking, 2022
TABLE 5 Saudi Arabia Commercial Vehicle Tire Market, by Geographical Presence Analysis, 2022
TABLE 6 Saudi Arabia Commercial Vehicle Tire Market, by Key Strategies Analysis, 2022
TABLE 7 Saudi Arabia Commercial Vehicle Tire Market, by Truck Tires, 2017-2022 (US$ Mn)
TABLE 8 Saudi Arabia Commercial Vehicle Tire Market, by Truck Tires, 2023-2030 (US$ Mn)
TABLE 9 Saudi Arabia Commercial Vehicle Tire Market, by Bus Tires, 2017-2022 (US$ Mn)
TABLE 10 Saudi Arabia Commercial Vehicle Tire Market, by Bus Tires, 2023-2030 (US$ Mn)
TABLE 11 Saudi Arabia Commercial Vehicle Tire Market, by Long-Haul Transportation, 2017-2022 (US$ Mn)
TABLE 12 Saudi Arabia Commercial Vehicle Tire Market, by Long-Haul Transportation, 2023-2030 (US$ Mn)
TABLE 13 Saudi Arabia Commercial Vehicle Tire Market, by Regional Transportation, 2017-2022 (US$ Mn)
TABLE 14 Saudi Arabia Commercial Vehicle Tire Market, by Regional Transportation, 2023-2030 (US$ Mn)
TABLE 15 Saudi Arabia Commercial Vehicle Tire Market, by Urban Delivery, 2017-2022 (US$ Mn)
TABLE 16 Saudi Arabia Commercial Vehicle Tire Market, by Urban Delivery, 2023-2030 (US$ Mn)
TABLE 17 Saudi Arabia Commercial Vehicle Tire Market, by Construction and Industrial, 2017-2022 (US$ Mn)
TABLE 18 Saudi Arabia Commercial Vehicle Tire Market, by Construction and Industrial, 2023-2030 (US$ Mn)
TABLE 19 Saudi Arabia Commercial Vehicle Tire Market, by All-Season Tires, 2017-2022 (US$ Mn)
TABLE 20 Saudi Arabia Commercial Vehicle Tire Market, by All-Season Tires, 2023-2030 (US$ Mn)
TABLE 21 Saudi Arabia Commercial Vehicle Tire Market, by Winter Tires, 2017-2022 (US$ Mn)
TABLE 22 Saudi Arabia Commercial Vehicle Tire Market, by Winter Tires, 2023-2030 (US$ Mn)
TABLE 23 Saudi Arabia Commercial Vehicle Tire Market, by Summer Tires, 2017-2022 (US$ Mn)
TABLE 24 Saudi Arabia Commercial Vehicle Tire Market, by Summer Tires, 2023-2030 (US$ Mn)
TABLE 25 Saudi Arabia Commercial Vehicle Tire Market, by Run-Flat Tires, 2017-2022 (US$ Mn)
TABLE 26 Saudi Arabia Commercial Vehicle Tire Market, by Run-Flat Tires, 2023-2030 (US$ Mn)
TABLE 27 Saudi Arabia Commercial Vehicle Tire Market, by Low Rolling Resistance Tires, 2017-2022 (US$ Mn)
TABLE 28 Saudi Arabia Commercial Vehicle Tire Market, by Low Rolling Resistance Tires, 2023-2030 (US$ Mn)
TABLE 29 Saudi Arabia Commercial Vehicle Tire Market, by Retread Tires, 2017-2022 (US$ Mn)
TABLE 30 Saudi Arabia Commercial Vehicle Tire Market, by Retread Tires, 2023-2030 (US$ Mn)
TABLE 31 Saudi Arabia Commercial Vehicle Tire Market, by Tire Dealers and Retailers, 2017-2022 (US$ Mn)
TABLE 32 Saudi Arabia Commercial Vehicle Tire Market, by Tire Dealers and Retailers, 2023-2030 (US$ Mn)
TABLE 33 Saudi Arabia Commercial Vehicle Tire Market, by Online Retail, 2017-2022 (US$ Mn)
TABLE 34 Saudi Arabia Commercial Vehicle Tire Market, by Online Retail, 2023-2030 (US$ Mn)
TABLE 35 Saudi Arabia Commercial Vehicle Tire Market, by Direct Sales to Fleets, 2017-2022 (US$ Mn)
TABLE 36 Saudi Arabia Commercial Vehicle Tire Market, by Direct Sales to Fleets, 2023-2030 (US$ Mn)
TABLE 37 Saudi Arabia Commercial Vehicle Tire Market, by Transportation and Logistics Companies, 2017-2022 (US$ Mn)
TABLE 38 Saudi Arabia Commercial Vehicle Tire Market, by Transportation and Logistics Companies, 2023-2030 (US$ Mn)
TABLE 39 Saudi Arabia Commercial Vehicle Tire Market, by Construction and Industrial Companies, 2017-2022 (US$ Mn)
TABLE 40 Saudi Arabia Commercial Vehicle Tire Market, by Construction and Industrial Companies, 2023-2030 (US$ Mn)
TABLE 41 Saudi Arabia Commercial Vehicle Tire Market, by Public Transportation, 2017-2022 (US$ Mn)
TABLE 42 Saudi Arabia Commercial Vehicle Tire Market, by Public Transportation, 2023-2030 (US$ Mn)
TABLE 43 Saudi Arabia Commercial Vehicle Tire Market, by Tire Types, 2017-2022 (US$ Mn)
TABLE 44 Saudi Arabia Commercial Vehicle Tire Market, by Tire Types, 2023-2030 (US$ Mn)
TABLE 45 Saudi Arabia Commercial Vehicle Tire Market, by Tire Applications, 2017-2022 (US$ Mn)
TABLE 46 Saudi Arabia Commercial Vehicle Tire Market, by Tire Applications, 2023-2030 (US$ Mn)
TABLE 47 Saudi Arabia Commercial Vehicle Tire Market, by Tire Technologies, 2017-2022 (US$ Mn)
TABLE 48 Saudi Arabia Commercial Vehicle Tire Market, by Tire Technologies, 2023-2030 (US$ Mn)
TABLE 49 Saudi Arabia Commercial Vehicle Tire Market, by Distribution Channels, 2017-2022 (US$ Mn)
TABLE 50 Saudi Arabia Commercial Vehicle Tire Market, by Distribution Channels, 2023-2030 (US$ Mn)
TABLE 51 Saudi Arabia Commercial Vehicle Tire Market, by End Users, 2017-2022 (US$ Mn)
TABLE 52 Saudi Arabia Commercial Vehicle Tire Market, by End Users, 2023-2030 (US$ Mn)

How big is the Saudi Arabian market for commercial vehicle tires right now?

In 2022, the Saudi Arabia commercial vehicle tire market was estimated to be worth USD xx million.

What is the anticipated growth rate of the Saudi Arabian commercial vehicle tire market from 2023 to 2030?

The Saudi Arabia commercial vehicle tires market is anticipated to increase at a CAGR of 2.50% from 2023 to 2030, reaching USD xx million in 2030.

Which market category is in the lead for the tire types?

Truck tires are the most popular category of tire types.

Which segment is leading the market in terms of tire applications?

The notable segment is long-haul transportation by tire applications.

Which tire technologies segment is estimated to have the highest CAGR throughout the forecast period?

The all-season tires category is anticipated to exhibit the highest CAGR during the projection period.

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