Kuwait tyre market forecast & opportunities, 2019

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High Disposable Income coupled with Rapid Growth in Automobile Sector to Boost Tyre Market in Kuwait

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Kuwait tyre market forecast & opportunities, 2019

  1. 1. TechSci Research Market Intelligence Experts Kuwait Tyre Market Forecast & Opportunities, 2019 2014
  2. 2. Kuwait Tyre Market Forecast & Opportunities, 2019 © TechSci Research Page 2 About Us TechSci Research is a global market research and consulting company with offices in Canada and India. TechSci Research provides market research reports in a number of areas to organizations. We use innovative business models that focus on improved productivity, that also ensure the creation of high-quality reports. Our focus is on capturing the respondents’ observations, expectations, satisfaction, confidence, and attitudes pertaining to different aspects of a specific sector. TechSci Research’s expertise lies in the dynamic combination of industry and country risk. Our proprietary forecasting models use various analyses of both industry-specific and macroeconomic variables on a state-by-state basis to produce a unique ‘bottom-up’ model of country, regional and global industry prospects. Combined with our detailed analysis of company activity and industry trends, the result is a uniquely rich evaluation of the opportunities available and the risks facing companies. TechSci Research – Asia Pacific A – 51, Sector -57, Noida, National Capital Region, India – 201301 sales@techsciresearch.com careers@techsciresearch.com info@techsciresearch.com TechSci Research – North America 96 Warwick Avenue, Burnaby, British Columbia Canada – V5B 3X2 sales@techsciresearch.com careers@techsciresearch.com info@techsciresearch.com
  3. 3. Kuwait Tyre Market Forecast & Opportunities, 2019 © TechSci Research Page 3 Table of Contents 1. Executive Summary 2. Kuwait Tyre Market Outlook 2.1. Market Size & Forecast 2.1.1. By Value 2.1.2. By Volume 2.2. Market Share & Forecast 2.2.1. By Region 2.2.2. By Segment 2.2.3. By Company 3. Kuwait Tyre Retreading Market Outlook 3.1. Market Size & Forecast 3.1.1. By Value 3.1.2. By Volume 3.2. Market Share & Forecast 3.2.1. By Segment 4. Kuwait Passenger Car Tyre Market Outlook 4.1. Market Size & Forecast 4.1.1. By Value 4.1.2. By Volume 4.2. Market Share & Forecast 4.2.1. By Segment 5. Kuwait Commercial Tyre Market Outlook 5.1. Market Size & Forecast 5.1.1. By Value 5.1.2. By Volume 5.2. Market Share & Forecast 5.2.1. By Segment 6. Kuwait OTR Tyre Market Outlook 6.1. Market Size & Forecast 6.1.1. By Value 6.1.2. By Volume 6.2. Market Share & Forecast 6.2.1. By Segment 7. Sales & Distribution Analysis 8. Market Dynamics 8.1. Market Drivers 8.2. Market Restraints 9. Policy & Regulatory Landscape 10. Industry Risk Analysis 11. Market Trends & Developments 11.1. Seal Inside Technology 11.2. Black/ White Walled Tyres 11.3. Tyre Retread Market 11.4. Automobile Sales 11.5. Unorganized Market 12. Kuwait Economic Profile 13. Competitive Landscape 13.1. Porter’s Five Forces Model 13.2. Leading Distributors in Kuwait 13.2.1. Abdulhadi Al Mailem Trading Co W.L.L. 13.2.2. Bridgestone Tyre Distributors Co 13.2.3. Al Mutawa and Sahni Tyres and Spare Parts Co W.L.L. 13.2.4. Jawhar & Mozaffar Trading Co W.L.L.
  4. 4. Kuwait Tyre Market Forecast & Opportunities, 2019 © TechSci Research Page 4 13.2.5. Al Ghannam Tires Center Co W.L.L. 13.2.6. Al-Sayer Group 13.2.8. Kuwait Automotive Import Co. W.L.L. 13.3. Company Profiles 13.3.1. Michelin 13.3.2. Continental AG 13.3.3. Hankook Tire Co. Ltd. 13.3.4. Apollo Tyres Ltd. 13.3.5. Toyo Tire & Rubber Co., Ltd. 13.3.6. Yokohama Rubber Co. Ltd. 13.3.7. Goodyear Tyre & Rubber Co. 13.3.8. Sumitomo Rubber Industries Ltd. 13.3.9. Pirelli & Co. SpA 13.3.10. Bridgestone Corporation 14. Strategic Recommendations 15. Research Methodology 16. Disclaimer
  5. 5. Kuwait Tyre Market Forecast & Opportunities, 2019 © TechSci Research Page 5 List of Figures Figure 1: Kuwait Tyre Market Size, By Value, 2009-2013 (USD Billion) Figure 2: Kuwait Tyre Market Size, By Value, 2014E-2019F (USD Billion) Figure 3: Kuwait Tyre Market Size, By Volume, 2009-2013 (Million Units) Figure 4: Kuwait Tyre Market Size, By Volume, 2014E-2019F (Million Units) Figure 5: Kuwait Tyre Market Share, By Region, By Volume, 2013 Figure 6: Kuwait Tyre Market Share, By Region, By Volume, 2019F Figure 7: Kuwait Tyre Market Share, By Segment, By Volume, 2013 Figure 8: Kuwait Tyre Market Share, By Segment, By Volume, 2019F Figure 9: Kuwait Tyre Market Share, By Company, By Volume, 2013 Figure 10: Kuwait Tyre Market Share, By Company, By Volume, 2019F Figure 11: Kuwait Retreaded Tyre Market Size, By Value, 2009-2013 (USD Million) Figure 12: Kuwait Retreaded Tyre Market Size, By Value, 2014E-2019F (USD Million) Figure 13: Kuwait Retreaded Tyre Market Size, By Volume, 2009-2013 (Million Units) Figure 14: Kuwait Retreaded Tyre Market Size, By Volume, 2014E-2019F (Million Units) Figure 15: Kuwait Retreaded Tyre Market Share, By Segment, By Volume, 2013 Figure 16: Kuwait Retreaded Tyre Market Share, By Segment, By Volume, 2019F Figure 17: Kuwait Passenger Car Tyre Market Size, By Value, 2009-2013 (USD Million) Figure 18: Kuwait Passenger Car Tyre Market Size, By Value, 2014E-2019F (USD Million) Figure 19: Kuwait Passenger Car Tyre Market Size, By Volume, 2009-2013 (Million Units) Figure 20: Kuwait Passenger Car Tyre Market Size, By Volume, 2014E-2019F (Million Units) Figure 21: Kuwait Passenger Car Tyre Market Share, By Segment, By Volume, 2013 Figure 22: Kuwait Passenger Car Tyre Market Share, By Segment, By Volume, 2019F Figure 23: Kuwait Commercial Tyre Market Size, By Value, 2009-2013 (USD Million) Figure 24: Kuwait Commercial Tyre Market Size, By Value, 2014E-2019F (USD Million) Figure 25: Kuwait Commercial Tyre Market Size, By Volume, 2009-2013 (Million Units) Figure 26: Kuwait Commercial Tyre Market Size, By Volume, 2014E-2019F (Million Units) Figure 27: Kuwait Commercial Tyre Market Share, By Segment, By Volume, 2013 Figure 28: Kuwait Commercial Tyre Market Share, By Segment, By Volume, 2019F Figure 29: Kuwait OTR Tyre Market Size, By Value, 2009-2013 (USD Million) Figure 30: Kuwait OTR Tyre Market Size, By Value, 2014E-2019F (USD Million) Figure 31: Kuwait OTR Tyre Market Size, By Volume, 2009-2013 (Million Units) Figure 32: Kuwait OTR Tyre Market Size, By Volume, 2014E-2019F (Million Units) Figure 33: Kuwait OTR Tyre Market Share, By Segment, By Volume, 2013 Figure 34: Kuwait OTR Tyre Market Share, By Segment, By Volume, 2019F Figure 35: Kuwait Tyre Market: Distribution Channel Analysis Figure 36: Kuwait Automobile(Passenger & Commercial Vehicle) Sales, By Volume, 2009-2013 (Thousand Units) Figure 37: Kuwait GDP, 2010-2016F (USD) Figure 38: Kuwait GDP Per Capita, 2010-2016F (USD) Figure 39: Kuwait GDP PPP Per Capita, 2010-2016F (USD) Figure 40: Kuwait Inflation, By Consumer Price Index (%), 2010-2016F Figure 41: Kuwait Population Size, 2010-2016F (Million) Figure 42: Kuwait Tyre Market: Porter’s Five Forces Model
  6. 6. Kuwait Tyre Market Forecast & Opportunities, 2019 © TechSci Research Page 6 List of Tables Table 1: Kuwait Tyre Market: Industry Risk Analysis Table 2: Company Profile: Abdulhadi Al Mailem Trading Co W.L.L. Table 3: Company Profile: Bridgestone Tyre Distributors Co . Table 4: Company Profile: Al Mutawa and Sahni Tyres And Spare Parts Co W.L.L Table 5: Company Profile: Jawhar & Mozaffar Trading Co W.L.L. Table 6: Company Profile: Al Ghannam Tires Center Co W.L.L. Table 7: Company Profile: Al-Sayer Engineering Table 8: Company Profile: Kuwait Automotive Import Co. W.L.L. Table 9: Company Profile: Michelin Table 10: Company Profile: Continental AG Table 11: Company Profile: Hankook Tyre Co. Ltd. Table 12: Company Profile: Apollo Tyres Ltd. Table 13: Company Profile: Toyo Tire & Rubber Co., Ltd. Table 14: Company Profile: Yokohama Rubber Co. Ltd. Table 15: Company Profile: Goodyear Tyres Table 16: Company Profile: Sumitomo Rubber Industries Table 17: Company Profile: Pirelli & Co. SpA Table 18: Company Profile: Bridgestone
  7. 7. Kuwait Tyre Market Forecast & Opportunities, 2019 © TechSci Research Page 7 Kuwait Tyre Market Outlook Kuwait is one of the XXXXXX countries in the world with large reserves of crude oil. The rate of urbanization in Kuwait is XXXXX as more than X% of the country’s total population resides in urban agglomerations. The automotive sales are XXXXX rapidly throughout the country, which are XXXXX the sales of tyres as well. Majority of the automotive and tyre companies are catering to Kuwait’s market through XXXXX as the labor costs are XXXXXXX in the country for setting up manufacturing units. The tyre market in Kuwait XXXXXX at a CAGR of X% during 2009-2013, in terms of value. The sales of tyres XXXXXX from USD XXX billion in 2009 to USD XXX billion in 2013. The continual XXXXXX in the demand for automobiles is contributing to the XXXXXXX of the tyre industry. The sales of passenger cars and commercial vehicles in the country XXXXXX at a CAGR of X% and X% respectively, during 2009-2013. The climatic conditions in the country are XXXXX because of its geographic location. As a result of the hot and humid climate, the life of the tyres gets reduced and the vehicles require replacement of tyres after every XXXXX year period. This is one of the major reasons contributing to XXXXXX growth of the tyre market in Kuwait. As a result of absence of any automotive manufacturers in Kuwait, the demand for tyres is generated by the XXXXXX tyre market only. Major global manufacturers such as Bridgestone, Goodyear, Pirelli, Yokohama, Continental, etc. are catering to the tyre market of Kuwait through their authorized XXXXXX in the country.
  8. 8. Kuwait Tyre Market Forecast & Opportunities, 2019 © TechSci Research Page 8 Report Ordering Report Name – Kuwait Tyre Market Forecast and Opportunities, 2019 Product Pricing License Type Price Electronic Access - Single User License $1800 CD-ROM Mail Delivery $2400 Hard Copy Mail Delivery $2600 Electronic Access - Multi-User License $4500 To View Sample OR Purchase Report
  9. 9. Kuwait Tyre Market Forecast & Opportunities, 2019 © TechSci Research Page 9 Research Methodology With the top management of more than 20 years’ experience in developed and emerging markets, TechSci’s research methodology tender an exceptional combination of connoisseur industry knowledge and in-country local research expertise. TechSci Research move towards building market consensus view of size, shape, structure, environment and trends across each category. Our dedicated team of industry experts intensively monitored and analyzed various aspects governing the performance of Kuwait tyre market. The team has analyzed the constructive outlooks of various segments and speculated a positive future of the industry ahead. Taking in to consideration, various government initiatives, private investments, and regulatory involvement, our team of Analysts have provided a prudent analysis of the industry’s performance in future. This would facilitate our clients in planning their investment decision and explore several growth opportunities in this field. For our study, we have gathered information through primary research surveys with vendors, channel partners and customers followed by an exhaustive search of credible paid databases such as LexisNexis, EIU, Hoovers, etc. Out team of experts have then prudently evaluated all the collected information and personated them in chronological order to depict a meaningful and clear picture of Kuwait tyre market. It is worth to mention here that while compiling the data we have also crossed checked all the collected information from our multiple sources and data warehouses, so that we can present the most accurate and precise information of the concerned industry. In addition, we have also identified and analyzed all emerging trends including the important drivers and challenges that the industry is confronting. Along with this, we have also identified
  10. 10. Kuwait Tyre Market Forecast & Opportunities, 2019 © TechSci Research Page 10 the possible growth areas in terms of government sales in the country. With the coordination of these factors, we have presented a coherent analysis of the performance of Kuwait tyre industry in detail. We have also presented various forecasts for the industry. The forecasts provided are based on the sum of our economic and judgmental analysis on the basis of past drivers, challenges and opportunities prevalent in the industry. Most importantly, while forecasting, we have given due consideration to the R&D investments, sector demand, and developments which are essential in determining the prospective growth potentials of the sector. In this way, our report depicts the most unbiased picture of Kuwait tyre industry that will prove decisive to our clients. GLOBALKNOWLEDGE MARKETSTATISTICS LOCALKNOWLEDGE Kuwait Tyre Market Forecast & Opportunities, 2019

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