Cape Verde Off-the-Road (OTR) Tire Market (2025-2031) | Growth, Companies, Competitive Landscape, Outlook, Analysis, Share, Industry, Forecast, Value, Trends, Size & Revenue, Segmentation

Market Forecast By Vehicle Type (Mining Vehicles, Construction & Industrial Vehicles, Agricultural Vehicles, Others), By Tire Type (Radial Tire, Bias Tire), By End Use (OEM, Replacement), By Distribution Channel (Online, Offline), By Rim Size (Below 24 inches, 24-30 inches, 31-35 inches, 36-39 inches, 40-50 inches, 51-55 inches, Above 56 inches) And Competitive Landscape
Product Code: ETC6684091 Publication Date: Sep 2024 Updated Date: Nov 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Shubham Padhi No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

Cape Verde Off-the-road (Otr) Tire Market: Top 5 Importing Countries and Market Competition (HHI) Analysis

Cape Verde`s off-the-road (OTR) tire import market in 2024 saw significant contributions from top exporting countries including Areas, nes, Portugal, China, France, and Germany. Despite a challenging CAGR of -9.42% from 2020-24 and a steep growth rate decline of -40.7% from 2023-24, the market remained highly concentrated with a high Herfindahl-Hirschman Index (HHI). This suggests that while there may have been fluctuations in growth rates, the market continues to be dominated by a few key players, highlighting potential strategic opportunities for both suppliers and importers in the Cape Verde OTR tire sector.

Cape Verde Off-the-road (Otr) Tire Market: Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

  • Cape Verde Off-the-Road (OTR) Tire Market Outlook
  • Market Size of Cape Verde Off-the-Road (OTR) Tire Market, 2024
  • Forecast of Cape Verde Off-the-Road (OTR) Tire Market, 2031
  • Historical Data and Forecast of Cape Verde Off-the-Road (OTR) Tire Revenues & Volume for the Period 2021- 2031
  • Cape Verde Off-the-Road (OTR) Tire Market Trend Evolution
  • Cape Verde Off-the-Road (OTR) Tire Market Drivers and Challenges
  • Cape Verde Off-the-Road (OTR) Tire Price Trends
  • Cape Verde Off-the-Road (OTR) Tire Porter's Five Forces
  • Cape Verde Off-the-Road (OTR) Tire Industry Life Cycle
  • Historical Data and Forecast of Cape Verde Off-the-Road (OTR) Tire Market Revenues & Volume By Vehicle Type for the Period 2021- 2031
  • Historical Data and Forecast of Cape Verde Off-the-Road (OTR) Tire Market Revenues & Volume By Mining Vehicles for the Period 2021- 2031
  • Historical Data and Forecast of Cape Verde Off-the-Road (OTR) Tire Market Revenues & Volume By Construction & Industrial Vehicles for the Period 2021- 2031
  • Historical Data and Forecast of Cape Verde Off-the-Road (OTR) Tire Market Revenues & Volume By Agricultural Vehicles for the Period 2021- 2031
  • Historical Data and Forecast of Cape Verde Off-the-Road (OTR) Tire Market Revenues & Volume By Others for the Period 2021- 2031
  • Historical Data and Forecast of Cape Verde Off-the-Road (OTR) Tire Market Revenues & Volume By Tire Type for the Period 2021- 2031
  • Historical Data and Forecast of Cape Verde Off-the-Road (OTR) Tire Market Revenues & Volume By Radial Tire for the Period 2021- 2031
  • Historical Data and Forecast of Cape Verde Off-the-Road (OTR) Tire Market Revenues & Volume By Bias Tire for the Period 2021- 2031
  • Historical Data and Forecast of Cape Verde Off-the-Road (OTR) Tire Market Revenues & Volume By End Use for the Period 2021- 2031
  • Historical Data and Forecast of Cape Verde Off-the-Road (OTR) Tire Market Revenues & Volume By OEM for the Period 2021- 2031
  • Historical Data and Forecast of Cape Verde Off-the-Road (OTR) Tire Market Revenues & Volume By Replacement for the Period 2021- 2031
  • Historical Data and Forecast of Cape Verde Off-the-Road (OTR) Tire Market Revenues & Volume By Distribution Channel for the Period 2021- 2031
  • Historical Data and Forecast of Cape Verde Off-the-Road (OTR) Tire Market Revenues & Volume By Online for the Period 2021- 2031
  • Historical Data and Forecast of Cape Verde Off-the-Road (OTR) Tire Market Revenues & Volume By Offline for the Period 2021- 2031
  • Historical Data and Forecast of Cape Verde Off-the-Road (OTR) Tire Market Revenues & Volume By Rim Size for the Period 2021- 2031
  • Historical Data and Forecast of Cape Verde Off-the-Road (OTR) Tire Market Revenues & Volume By Below 24 inches for the Period 2021- 2031
  • Historical Data and Forecast of Cape Verde Off-the-Road (OTR) Tire Market Revenues & Volume By 24-30 inches for the Period 2021- 2031
  • Historical Data and Forecast of Cape Verde Off-the-Road (OTR) Tire Market Revenues & Volume By 31-35 inches for the Period 2021- 2031
  • Historical Data and Forecast of Cape Verde Off-the-Road (OTR) Tire Market Revenues & Volume By 36-39 inches for the Period 2021- 2031
  • Historical Data and Forecast of Cape Verde Off-the-Road (OTR) Tire Market Revenues & Volume By 40-50 inches for the Period 2021- 2031
  • Historical Data and Forecast of Cape Verde Off-the-Road (OTR) Tire Market Revenues & Volume By 51-55 inches for the Period 2021- 2031
  • Historical Data and Forecast of Cape Verde Off-the-Road (OTR) Tire Market Revenues & Volume By Above 56 inches for the Period 2021- 2031
  • Cape Verde Off-the-Road (OTR) Tire Import Export Trade Statistics
  • Market Opportunity Assessment By Vehicle Type
  • Market Opportunity Assessment By Tire Type
  • Market Opportunity Assessment By End Use
  • Market Opportunity Assessment By Distribution Channel
  • Market Opportunity Assessment By Rim Size
  • Cape Verde Off-the-Road (OTR) Tire Top Companies Market Share
  • Cape Verde Off-the-Road (OTR) Tire Competitive Benchmarking By Technical and Operational Parameters
  • Cape Verde Off-the-Road (OTR) Tire Company Profiles
  • Cape Verde Off-the-Road (OTR) Tire Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 Cape Verde Off-the-Road (OTR) Tire Market Overview

3.1 Cape Verde Country Macro Economic Indicators

3.2 Cape Verde Off-the-Road (OTR) Tire Market Revenues & Volume, 2021 & 2031F

3.3 Cape Verde Off-the-Road (OTR) Tire Market - Industry Life Cycle

3.4 Cape Verde Off-the-Road (OTR) Tire Market - Porter's Five Forces

3.5 Cape Verde Off-the-Road (OTR) Tire Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F

3.6 Cape Verde Off-the-Road (OTR) Tire Market Revenues & Volume Share, By Tire Type, 2021 & 2031F

3.7 Cape Verde Off-the-Road (OTR) Tire Market Revenues & Volume Share, By End Use, 2021 & 2031F

3.8 Cape Verde Off-the-Road (OTR) Tire Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F

3.9 Cape Verde Off-the-Road (OTR) Tire Market Revenues & Volume Share, By Rim Size, 2021 & 2031F

4 Cape Verde Off-the-Road (OTR) Tire Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Growth in construction and infrastructure projects in Cape Verde, leading to increased demand for off-the-road tires.

4.2.2 Expansion of the mining industry in Cape Verde, driving the need for specialized off-the-road tires.

4.2.3 Rise in agricultural activities and mechanization, boosting the requirement for off-the-road tires in farming operations.

4.3 Market Restraints

4.3.1 High import duties and taxes on off-the-road tires, impacting the affordability and accessibility of these products in Cape Verde.

4.3.2 Limited availability of skilled technicians and maintenance facilities for off-the-road tires, affecting the adoption and maintenance of such tires.

5 Cape Verde Off-the-Road (OTR) Tire Market Trends

6 Cape Verde Off-the-Road (OTR) Tire Market, By Types

6.1 Cape Verde Off-the-Road (OTR) Tire Market, By Vehicle Type

6.1.1 Overview and Analysis

6.1.2 Cape Verde Off-the-Road (OTR) Tire Market Revenues & Volume, By Vehicle Type, 2021- 2031F

6.1.3 Cape Verde Off-the-Road (OTR) Tire Market Revenues & Volume, By Mining Vehicles, 2021- 2031F

6.1.4 Cape Verde Off-the-Road (OTR) Tire Market Revenues & Volume, By Construction & Industrial Vehicles, 2021- 2031F

6.1.5 Cape Verde Off-the-Road (OTR) Tire Market Revenues & Volume, By Agricultural Vehicles, 2021- 2031F

6.1.6 Cape Verde Off-the-Road (OTR) Tire Market Revenues & Volume, By Others, 2021- 2031F

6.2 Cape Verde Off-the-Road (OTR) Tire Market, By Tire Type

6.2.1 Overview and Analysis

6.2.2 Cape Verde Off-the-Road (OTR) Tire Market Revenues & Volume, By Radial Tire, 2021- 2031F

6.2.3 Cape Verde Off-the-Road (OTR) Tire Market Revenues & Volume, By Bias Tire, 2021- 2031F

6.3 Cape Verde Off-the-Road (OTR) Tire Market, By End Use

6.3.1 Overview and Analysis

6.3.2 Cape Verde Off-the-Road (OTR) Tire Market Revenues & Volume, By OEM, 2021- 2031F

6.3.3 Cape Verde Off-the-Road (OTR) Tire Market Revenues & Volume, By Replacement, 2021- 2031F

6.4 Cape Verde Off-the-Road (OTR) Tire Market, By Distribution Channel

6.4.1 Overview and Analysis

6.4.2 Cape Verde Off-the-Road (OTR) Tire Market Revenues & Volume, By Online, 2021- 2031F

6.4.3 Cape Verde Off-the-Road (OTR) Tire Market Revenues & Volume, By Offline, 2021- 2031F

6.5 Cape Verde Off-the-Road (OTR) Tire Market, By Rim Size

6.5.1 Overview and Analysis

6.5.2 Cape Verde Off-the-Road (OTR) Tire Market Revenues & Volume, By Below 24 inches, 2021- 2031F

6.5.3 Cape Verde Off-the-Road (OTR) Tire Market Revenues & Volume, By 24-30 inches, 2021- 2031F

6.5.4 Cape Verde Off-the-Road (OTR) Tire Market Revenues & Volume, By 31-35 inches, 2021- 2031F

6.5.5 Cape Verde Off-the-Road (OTR) Tire Market Revenues & Volume, By 36-39 inches, 2021- 2031F

6.5.6 Cape Verde Off-the-Road (OTR) Tire Market Revenues & Volume, By 40-50 inches, 2021- 2031F

6.5.7 Cape Verde Off-the-Road (OTR) Tire Market Revenues & Volume, By 51-55 inches, 2021- 2031F

7 Cape Verde Off-the-Road (OTR) Tire Market Import-Export Trade Statistics

7.1 Cape Verde Off-the-Road (OTR) Tire Market Export to Major Countries

7.2 Cape Verde Off-the-Road (OTR) Tire Market Imports from Major Countries

8 Cape Verde Off-the-Road (OTR) Tire Market Key Performance Indicators

8.1 Average utilization rate of off-the-road tires in construction, mining, and agriculture sectors in Cape Verde.

8.2 Frequency of tire replacements and maintenance cycles for off-the-road tires in various industries.

8.3 Rate of adoption of off-the-road tire technology and innovations by businesses in Cape Verde.

9 Cape Verde Off-the-Road (OTR) Tire Market - Opportunity Assessment

9.1 Cape Verde Off-the-Road (OTR) Tire Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F

9.2 Cape Verde Off-the-Road (OTR) Tire Market Opportunity Assessment, By Tire Type, 2021 & 2031F

9.3 Cape Verde Off-the-Road (OTR) Tire Market Opportunity Assessment, By End Use, 2021 & 2031F

9.4 Cape Verde Off-the-Road (OTR) Tire Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F

9.5 Cape Verde Off-the-Road (OTR) Tire Market Opportunity Assessment, By Rim Size, 2021 & 2031F

10 Cape Verde Off-the-Road (OTR) Tire Market - Competitive Landscape

10.1 Cape Verde Off-the-Road (OTR) Tire Market Revenue Share, By Companies, 2024

10.2 Cape Verde Off-the-Road (OTR) Tire Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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