Middle East & Egypt Lubricants Market Whitepaper
Promising path towards recovery
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With huge demand from high disposable income consumers, the automotive industry in the Middle East and Egypt is looking robust. Despite some recent pricing challenges in the oil and lubricants sectors, we are confident about market growth in 2020 and beyond.
The rural community in Egypt is a key driving force of its economy, while the growth in the Middle East is due to several regulations implemented by the Government to strengthen the vehicle market.
In this whitepaper, we provide a socio economic overview of the GCC countries and share insights on the vehicle and lubricant sectors, highlighting why it is crucial for brands to adopt the right assortment and distribution in these markets.