New Zealand tire market is slated to clock a CAGR of more than 8%, in value terms, during 2017-22. Owing to the absence of OEMs in the country, the tire market in New Zealand is fully driven by imports.
Rising urbanization, expanding vehicle fleet size and rapid industrialization are among the prime drivers of growth for tire market in New Zealand. Furthermore, development of online sales channels as mainstream distribution channel, robust pace of infrastructure development in the country, coupled with introduction of a wide variety of new vehicle models in the domestic market are among the other factors supporting sales of tires in the country.
According to “New Zealand Tire Market Competition Forecast & Opportunities, 2012 - 2022", the tire market in New Zealand is home to these major players, namely: Bridgestone Corporation, Goodyear Dunlop Tyres (NZ) Limited, Compagnie Générale des Établissements Michelin (CGEM), Continental Pty. Ltd., Hankook Tire Co., Ltd., The Yokohama Rubber Co., Ltd., TOYO TIRE & RUBBER CO., LTD., Kumho Tire Co., Inc., Pirelli & C. S.p.A., and Balkrishna Industries Limited. “New Zealand Tire Market Competition Forecast & Opportunities, 2012 - 2022" report elaborates following aspects of tire market in:
• New Zealand Tire Market Size, Share & Forecast
• Segmental Analysis - By Vehicle Type (Passenger Car, Light Commercial Vehicle, Medium & Heavy Commercial Vehicle, Two-Wheeler, Three-Wheeler & Off-The-Road)
• Policy & Regulatory Landscape
• Changing Market Trends and Emerging Opportunities
• Competitive Landscape and Strategic Recommendations
Why You Should Buy This Report?
• To gain an in-depth understanding of tire market in New Zealand
• To identify the on-going trends and segment wise anticipated growth in the coming years
• To help industry consultants, tire companies and other stakeholders to align their market-centric strategies
• To obtain research based business decision and add weight to presentations and marketing material
• To gain competitive knowledge of leading players
• To avail 10% customization in the report without any extra charges and get research data or trends added in the report as per the buyer’s specific needs
The information contained in this report is based on both primary and secondary sources. Primary research included interviews with vehicle manufacturers, tire companies, distributors, retailers and industry experts. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.
Related Reports : Tire Market Research Report
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