Saudi Arabia Tire Market: What to Know

The ongoing economic success along with the growing automotive industry is a main factor driving the Saudi Arabia tire market size growth. The wealth from oil has significantly raised income levels. This further leads to an increase in car ownership across the country. The growing interest in vehicles has led to a higher need for tires. Its efforts to promote domestic automotive manufacturing have also fostered growth in the domestic sector. This development strengthens the market by offering manufacturers a robust domestic market to cater to.