The "Brazil Light Commercial Vehicle Tire Market" is likely to grow at a CAGR of around 8% during the forecast period, i.e., 2021-26, says MarkNtel Advisors. The market growth primarily attributes to the burgeoning usage of light trucks to transport perishables like food & beverage. In addition to this, the rapidly expanding e-commerce industry, which is heavily reliant on light commercial vehicle tires for intercity and intra-city transportation, etc., is another significant factor fueling the growth of the Light Commercial Vehicle Tire Market in Brazil.
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