Tire Retail Market, By Vehicle Type (Passenger Vehicles, Commercial Vehicles, Two-Wheelers, and Off-the-Road (OTR) Vehicles), By Tire Type (Radial Tires and Bias Tires), By Distribution Channel (Offline and Online), By Geography (North America, Europe, As
Description
Quality tires are important to ensure vehicle safety, performance, and fuel efficiency. The tire retail market includes different tire types including passenger car tires, light truck tires, heavy truck tires, and specialty tires. With the rising number of vehicles on the road and the growing emphasis on vehicle maintenance, the tire retail market is expected to continue its upward trajectory in the coming years.
Market Dynamics:
The number of vehicles on the road is increasing by the day, partly fueled by rising disposable incomes and also by urbanization. As more people own vehicles, the demand for tires, both for new vehicles and replacements, continues to grow. Also, vehicle safety has become a big concern, and governments have also put in place strict safety regulations as well. This is leading to more frequent tire replacements, adding to market growth. However, ride-sharing services are stopping people from buying personal vehicles, which can impact the demand for tires. Fluctuating raw material prices and the presence of counterfeit products also pose challenges that market players need to tackle. Nevertheless, the emergence of online tire retail platforms and the increasing popularity of tire subscription services are great opportunities that market players should explore.
Key Features of the Study:
Market Dynamics:
The number of vehicles on the road is increasing by the day, partly fueled by rising disposable incomes and also by urbanization. As more people own vehicles, the demand for tires, both for new vehicles and replacements, continues to grow. Also, vehicle safety has become a big concern, and governments have also put in place strict safety regulations as well. This is leading to more frequent tire replacements, adding to market growth. However, ride-sharing services are stopping people from buying personal vehicles, which can impact the demand for tires. Fluctuating raw material prices and the presence of counterfeit products also pose challenges that market players need to tackle. Nevertheless, the emergence of online tire retail platforms and the increasing popularity of tire subscription services are great opportunities that market players should explore.
Key Features of the Study:
- This report provides in-depth analysis of the global tire retail market, and provides market size (USD Billion) and compound annual growth rate (CAGR%) for the forecast period (2025–2032), considering 2024 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global tire retail market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Michelin, Bridgestone, Goodyear, Continental, Sumitomo Rubber Industries, Hankook, Pirelli, Yokohama Rubber Company, Zhongce Rubber, Cheng Shin Rubber, Toyo Tires, Linglong Tire, Sailun Group, Apollo Tyres, and MRF Ltd.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global tire retail market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global tire retail market
- Vehicle Type Insights (Revenue, USD Bn, 2020 - 2032)
- Passenger Vehicles
- Commercial Vehicles
- Two-Wheelers
- Off-the-Road (OTR) Vehicles
- Tire Type Insights (Revenue, USD Bn, 2020 - 2032)
- Radial Tires
- Bias Tires
- Distribution Channel Insights (Revenue, USD Bn, 2020 - 2032)
- Offline
- Online
- Regional Insights (Revenue, USD Bn, 2020 - 2032)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
- Key Players Insights
- Michelin
- Bridgestone
- Goodyear
- Continental
- Sumitomo Rubber Industries
- Hankook
- Pirelli
- Yokohama Rubber Company
- Zhongce Rubber
- Cheng Shin Rubber
- Toyo Tires
- Linglong Tire
- Sailun Group
- Apollo Tyres
- MRF Ltd.
Table of Contents
130 Pages
- 1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- 2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Global Tire Retail Market, By Vehicle Type
- Global Tire Retail Market, By Tire Type
- Global Tire Retail Market, By Distribution Channel
- Global Tire Retail Market, By Region
- 3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product Launches/Approvals
- PEST Analysis
- PORTER’s Analysis
- Market Opportunities
- Regulatory Scenario
- Key Developments
- Industry Trends
- 4. Global Tire Retail Market, By Vehicle Type, 2020-2032, (USD Bn)
- Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
- Passenger Vehicles
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- Commercial Vehicles
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- Two-Wheelers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- Off-the-Road (OTR) Vehicles
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- 5. Global Tire Retail Market, By Tire Type, 2020-2032, (USD Bn)
- Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
- Radial Tires
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- Bias Tires
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- 6. Global Tire Retail Market, By Distribution Channel, 2020-2032, (USD Bn)
- Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
- Offline
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- Online
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- 7. Global Tire Retail Market, By Region, 2020 - 2032, Value (USD Bn)
- Introduction
- Market Share (%) Analysis, 2025, 2028 & 2032, Value (USD Bn)
- Market Y-o-Y Growth Analysis (%), 2021 - 2032, Value (USD Bn)
- Regional Trends
- North America
- Introduction
- Market Size and Forecast, By Vehicle Type, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Tire Type, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Distribution Channel, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
- U.S.
- Canada
- Latin America
- Introduction
- Market Size and Forecast, By Vehicle Type, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Tire Type, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Distribution Channel, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Introduction
- Market Size and Forecast, By Vehicle Type, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Tire Type, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Distribution Channel, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, By Vehicle Type, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Tire Type, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Distribution Channel, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- Introduction
- Market Size and Forecast, By Vehicle Type, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Tire Type, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Distribution Channel, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- Introduction
- Market Size and Forecast, By Vehicle Type, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Tire Type, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Distribution Channel, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country/Region, 2020 - 2032, Value (USD Bn)
- South Africa
- North Africa
- Central Africa
- 8. Competitive Landscape
- Michelin
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Bridgestone
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Goodyear
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Continental
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Sumitomo Rubber Industries
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Hankook
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Pirelli
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Yokohama Rubber Company
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Zhongce Rubber
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Cheng Shin Rubber
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Toyo Tires
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Linglong Tire
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Sailun Group
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Apollo Tyres
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- MRF Ltd.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- 9. Analyst Recommendations
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
- 10. References and Research Methodology
- References
- Research Methodology
- About us
- *Browse 32 market data tables and 28 figures on 'Tire Retail Market' - Global forecast to 2032
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