Namibia Tire Market, By Vehicle Type (Passenger Cars, Two-Wheelers, Medium & Heavy Commercial Vehicles (M&HCVs), Light Commercial Vehicles (LCVs), Off-The-Road (OTR) Vehicles, Three-Wheelers); By Tire Type (Radial (Tube, Tubeless), Bias); By Demand Catego

Namibia Tire Market, By Vehicle Type (Passenger Cars, Two-Wheelers, Medium & Heavy Commercial Vehicles (M&HCVs), Light Commercial Vehicles (LCVs), Off-The-Road (OTR) Vehicles, Three-Wheelers); By Tire Type (Radial (Tube, Tubeless), Bias); By Demand Category (OEM, Replacement), Competitive Landscape & Forecast, 2019–2029


Namibia Tire Market Size Set to Grow at Steady CAGR of 4.9% to Reach USD 55.25 Million by 2029

Namibia tire market is flourishing due to increasing vehicle ownership, expanding automotive industry, rapid urbanization, improving road infrastructure, and growing awareness of tire maintenance and safety among consumers.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated Namibia tire market size at USD 39.53 million in 2022. During the forecast period between 2023 and 2029, Namibia tire market size is to grow at a robust CAGR of 4.9% reaching a value of USD 55.25 million by 2029. The growth of the Namibia tire market is primarily driven by several key factors. The expansion of the automotive industry in Namibia, coupled with rising consumer purchasing power, is increasing the demand for tires. A growing focus on road infrastructure development and maintenance is also boosting the replacement tire market. Awareness of the importance of road safety is driving tire upgrades and replacements. Further, the emergence of e-commerce platforms is facilitating easier access to a wide range of tire options. Rapid urbanization and a rising number of vehicles on the road are fueling the overall demand for tires in Namibia.

Namibia Tire Market – Overview

A tire is a crucial component of a vehicle, serving as the point of contact between the vehicle and the road. It is typically a round, rubber structure that encases a metal rim, filled with compressed air. Tires play a vital role in ensuring safe and efficient transportation by providing traction, stability, and support for the vehicle's weight. They are designed to grip the road surface, allowing for controlled acceleration, braking, and steering. Tires come in various types, including all-season, winter, and performance tires, each tailored for specific driving conditions. Regular maintenance, such as tire rotation and pressure checks, is essential to prolong their lifespan and maintain safety on the road.

Impact of COVID-19 on Namibia Tire Market

The Namibia tire market experienced significant disruptions due to the COVID-19 pandemic. Lockdown measures and economic uncertainty led to a decline in vehicle usage, affecting tire demand. Production and distribution challenges also affected the availability of tires. As businesses paused their operations, including the transport sector, the replacement tire market was particularly affected. However, as restrictions eased and economic recovery efforts began, there was a gradual rebound in tire sales, driven by increased vehicle maintenance and the need for safe transportation. The pandemic underscored the importance of a resilient tire supply chain and adapting to evolving market dynamics.

Namibia Tire Market – By Demand Category

By demand category, Namibia tire market is split into OEM and Replacement segments. The OEM segment primarily serves the automotive industry, supplying tires directly to vehicle manufacturers for new vehicles. This sector often requires tires tailored to specific vehicle models and performance requirements. In contrast, the Replacement segment caters to the aftermarket, where consumers purchase tires to replace worn-out or damaged ones on existing vehicles. It represents a substantial portion of the market, offering a wide range of tire options to meet diverse customer needs and preferences, contributing significantly to Namibia's tire industry.

Competitive Landscape

Namibia tire market is fiercely competitive. Major companies in the Namibia tire market include NHL Tyre & Tire (Pty) Ltd t/a Trentyre Namibia, Bridgestone Southern Africa, Super Tyres, Wangara Automotive Group, Maxxis Tyres South Africa, Kumho, and Dunlop. These companies use various strategies, including increasing investments in their R&D activities, mergers, and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in the Namibia tire market.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of Namibia Tire Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Namibia Tire Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.


1. Research Framework
1.1. Research Objective
1.2. Product Overview
1.3. Market Segmentation
2. Executive Summary
3. Namibia Tire Market Insights
3.1. Industry Value Chain Analysis
3.2. DROC Analysis
3.2.1. Growth Drivers
3.2.1.1. Expanding automotive market in the country
3.2.1.2. Improvements in road infrastructure, such as road expansion and upgrades
3.2.1.3. Significant mining and agriculture sectors that require heavy machinery and vehicles
3.2.2. Restraints
3.2.2.1. Economic fluctuations and uncertainties
3.2.2.2. Dependence on imports
3.2.3. Opportunities
3.2.3.1. Growing replacement market
3.2.3.2. Increasing awareness of environmental concerns
3.2.4. Challenges
3.2.4.1. Infrastructure limitations
3.3. Technological Advancements/Recent Developments
3.4. Regulatory Framework
3.5. Porter’s Five Forces Analysis
3.5.1. Bargaining Power of Suppliers
3.5.2. Bargaining Power of Buyers
3.5.3. Threat of New Entrants
3.5.4. Threat of Substitutes
3.5.5. Intensity of Rivalry
4. Namibia Tire Market Overview
4.1. Market Size & Forecast, 2019–2029
4.1.1. By Value (USD Million)
4.2. Market Share & Forecast
4.2.1. By Vehicle Type
4.2.1.1. Passenger Cars
4.2.1.2. Two-Wheelers
4.2.1.3. Medium & Heavy Commercial Vehicles (M&HCVs)
4.2.1.4. Light Commercial Vehicles (LCVs)
4.2.1.5. Off-The-Road (OTR) Vehicles
4.2.1.6. Three-Wheelers
4.2.2. By Tire Type
4.2.2.1. Radial
4.2.2.1.1. Tube
4.2.2.1.2. Tubeless
4.2.2.2. Bias
4.2.3. By Demand Category
4.2.3.1. OEM
4.2.3.2. Replacement
5. Competitive Landscape
5.1. List of Key Players and Their Range
5.2. Namibia Tire Company Market Share Analysis, 2022
5.3. Competitive Benchmarking, By Operating Parameters
5.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships)
6. Impact of COVID-19 on Namibia Tire Market Industry
7. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
7.1. NHL Tyre & Tire (Pty) Ltd t/a Trentyre Namibia
7.2. Bridgestone Southern Africa
7.3. Super Tyres
7.4. Wangara Automotive Group
7.5. Maxxis Tyres South Africa
7.6. Kumho
7.7. Dunlop
7.8. Other Prominent Players
8. Key Strategic Recommendations
9. Research Methodology
9.1. Qualitative Research
9.1.1. Primary & Secondary Research
9.2. Quantitative Research
9.3. Market Breakdown & Data Triangulation
9.3.1. Secondary Research
9.3.2. Primary Research
9.4. Breakdown of Primary Research Respondents, By Country
9.5. Assumption & Limitation
*Financial information of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.
List of Figures
Figure 1 Namibia Tire Market Segmentation
Figure 2 Namibia Tire Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2022
Figure 4 Namibia Tire Market Size, By Value (USD Million), 2019–2029
Figure 5 Namibia Tire Market Share, By Vehicle Type, By Value, 2019–2029
Figure 6 Namibia Tire Market Share, By Tire Type, By Value, 2019–2029
Figure 7 Namibia Tire Market Share, By Demand Category, By Value, 2019–2029
List of Tables
Table 1 Namibia Tire Market Size, By Vehicle Type, By Value, 2019–2029
Table 2 Namibia Tire Market Size, By Tyre Type, By Value, 2019–2029
Table 3 Namibia Tire Market Size, By Demand Category, By Value, 2019–2029
Table 4 NHL Tyre & Tire (Pty) Ltd t/a Trentyre Namibia Company Overview
Table 5 NHL Tyre & Tire (Pty) Ltd t/a Trentyre Namibia Financial Overview
Table 6 Bridgestone Southern Africa Company Overview
Table 7 Bridgestone Southern Africa Financial Overview
Table 8 Super Tyres Company Overview
Table 9 Super Tyres Financial Overview
Table 10 Wangara Automotive Group Company Overview
Table 11 Wangara Automotive Group Financial Overview
Table 12 Maxxis Tyres South Africa Company Overview
Table 13 Maxxis Tyres South Africa Financial Overview
Table 14 Kumho Company Overview
Table 15 Kumho Financial Overview
Table 16 Dunlop Company Overview
Table 17 Dunlop Financial Overview

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings