South Korea Tire Market (2020-2026) | Share, industry, Size & 6Wresearch
South Korea Tire Market size is projected to grow during 2020-2026. South Korea is the fifth-largest passenger car manufacturer in the world. Also, South Korea has occurred as a major market for automotive tires in Asia-Pacific over the last few years due to substantial industrial growth, the country?s automotive industry has been flourishing at a brisk. The government has declared a reduction in individual consumption tax on car purchases which is expected to further boost tire sales in the country in the coming years.
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