Botswana Tire Market Growth Trends, Volume Insights & Outlook 2030

 


Botswana Tire Market Size & Insights

The Botswana Tire Market is projected to grow at a CAGR of around 5% during the forecast period, ie, 2025-30.       

The Botswana Tire Market is significantly growing due to several growth factors, including the rapidly growing gaming industry, the rising demand for electronic devices, including TVs, smartphones, monitors, wearables, etc., the infrastructural development & expansion of production facilities, and the integration of artificial intelligence in Botswana Tire. 

What are the Key DROs in the  Botswana Tire  Market?

Increasing Mining Activities toward Procuring Diamonds in Botswana -  Botswana has a significant amount of diamonds, which contribute significantly to the country's  economy. Hence, the government is projecting several mining activities for the procurement of diamonds, for which there's a burgeoning demand for heavy commercial vehicles & mining equipment.

As a result, the need for robust tires for those equipment & vehicles is escalating swiftly and driving the Botswana Tire Market. Additionally, the growing awareness about timely vehicle & tire safety & maintenance is another crucial aspect projected to continue boosting the demand for tires across the country.

What are the Key Segments in the Botswana Tire Market?

The Botswana Tire is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:

-By Vehicle Type

  • Passenger Cars
  • Light Commercial Vehicles (LCV)
  • Medium & High Commercial Vehicles
  • Two Wheelers
  • Off the Road (OTR)

-By Season

  • All Season
  • Summer

-By Sales Channel

  • Online
  • Dealers/Exclusive Outlets
  • Others

-By Rim Size

  • Upto 12
  • 1” to 15”
  • 1.” to 18”
  • 1” to 20”
  • 1” to 22.5”
  • 6” to 30”
  • 1” to 35”
  • 1” to 47”
  • Above 47”

-By Price Category

  • Low
  • Medium
  • High

-By Demand Type

  • OEM
  • Replacement

Amongst both, the Replacement demand is anticipated to demonstrate the fastest growth in the Botswana Tire Market during 2025-30.

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-By  Type of Tires

  • Radial
  • Bias

Here, Bias tires dominated the Botswana Tire Market with the largest share in the previous years. It attributes principally to their benefits, such as multiple rubber layers that overlap each other & provide resistance from puncture.

Who are the Key Players in Botswana Tire Market?

  • Dunlop Tires
  • MRF Tires
  • Apollo Vredestien
  • Bridgestone Corp.
  • TVS Tires

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