Kuwait tire market is projected to at grow at a CAGR of 9.2%

The market value of Kuwait tire market is projected to at grow at a CAGR of 9.2% during the period 2013-2018. This would make the total worth of tire market to reach at US $ 5.45 Billion by the end of 2018. The passenger vehicle tire segment will continue its dominance while commercial vehicle tire segment would increase steadily and exemplifies good growth in future. Partnership between the Marangoni Retreading System and Al-Zahem Industries is expected to double the production of retread tires in coming days and this would increase the demand of tires in similar manner.

Kuwait Tire Market Outlook, 2018 is a complete analysis of the Tire industry in Kuwait. The past data for both the passenger and commercial vehicle tire segments is included in this report while the forecast up to 2018 has been done by each segment and sub-segments. The share of different region and the different companies as well as the latest trends which are making an impact on the market have been complied in this report. We have also profiled major companies which are present in the different segments of tire market in Kuwait. 
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