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Nigeria Tire Market

Тема: Nigeria Tire Market
18.12.2019, 14:21
#1
6wrsearch
Регистрация: 01.10.2019
Сообщений: 161
According to 6Wresearch, Nigeria Tire Market size is projected to grow at a CAGR of 2.4% during 2019-2025. Majority of the motor vehicles entering the Nigerian automotive market are used vehicles from Europe and U.S.A. and thus, the Nigerian tire market is driven by the demand for replacement tires. Two-wheeler tires captured majority of the volume share in the Nigeria tire market due to high popularity of the two wheelers in the country and a shorter life of two-wheeler tires when compared to tires in other segments. However, truck and buses tire segment had the highest revenue share owing to higher prices and prominent use of commercial and public transport by the Nigerian citizens.: exc:
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