Colombia Automotive Tyre Market Report and Forecast 2025-2034
Description
The Colombia automotive tyre market size is projected to expand at a CAGR of 4.30% between 2025 and 2034.
The Colombia automotive tyre market growth is supported by the rise in passenger car production and the steady expansion of the automotive sector. The surge in population and the swift urbanisation have led to a higher need for vehicles, both for personal and commercial purposes, thus propelling the size of the market. Furthermore, increase in the number of middle-class individuals in Colombia has contributed to the growing demand for cars, consequently fuelling the market demand.
Colombia's commitment to environmental protection has prompted investments in electric vehicles, aiming to mitigate greenhouse gas emissions and address climate change. Consequently, the tyre market has experienced significant growth due to the unique requirements of electric cars. As the number of Colombians choosing electric vehicles continues to rise, the demand for tyres specifically tailored to these vehicles has also increased. Moreover, electric vehicles necessitate tyres with reduced rolling resistance to optimise energy efficiency and prolong battery lifespan. Consequently, the market has witnessed the emergence of specialised eco-friendly tyres that cater to evolving electric vehicle technology.
Shift towards sustainability has encouraged manufacturers to focus on developing tyres that minimise their carbon footprint and reduce waste throughout their lifecycle. There is a surge in use of recycled materials in tyre production. Instead of relying solely on virgin rubber, manufacturers are incorporating recycled rubber from old tyres into their tyre compounds. This not only reduces the demand for new raw materials but also helps to address the issue of tyre wastage.
Market Segmentation
Colombia Automotive Tyre Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Design
Radial
Bias
Market Breakup by Season Type
Summer
Winter
All Season
Market Breakup by Rim Size
Less than 15 Inch
15-20 Inch
More than 20 Inch
Market Breakup by Vehicle Type
Two-Wheeler and Three-Wheeler
Passenger Vehicle
Heavy Commercial Vehicle
Light and Medium Commercial Vehicle
Others
Market Breakup by Sales Channel
OEM
Aftermarket
Competitive Landscape
The market participants are focusing on the production of sustainable tyres to secure a competitive advantage within the market.
Bridgestone Corporation
Continental AG
Sumitomo Rubber Industries, Ltd.
The Goodyear Tire & Rubber Company
Hankook Tire & Technology Co., Ltd.
Pirelli & CSpA
Michelin Group
AEOLUS TYRE Co. Ltd.
JK Tyre & Industries Ltd.
Apollo Tyres Ltd.
Others
The Colombia automotive tyre market growth is supported by the rise in passenger car production and the steady expansion of the automotive sector. The surge in population and the swift urbanisation have led to a higher need for vehicles, both for personal and commercial purposes, thus propelling the size of the market. Furthermore, increase in the number of middle-class individuals in Colombia has contributed to the growing demand for cars, consequently fuelling the market demand.
Colombia's commitment to environmental protection has prompted investments in electric vehicles, aiming to mitigate greenhouse gas emissions and address climate change. Consequently, the tyre market has experienced significant growth due to the unique requirements of electric cars. As the number of Colombians choosing electric vehicles continues to rise, the demand for tyres specifically tailored to these vehicles has also increased. Moreover, electric vehicles necessitate tyres with reduced rolling resistance to optimise energy efficiency and prolong battery lifespan. Consequently, the market has witnessed the emergence of specialised eco-friendly tyres that cater to evolving electric vehicle technology.
Shift towards sustainability has encouraged manufacturers to focus on developing tyres that minimise their carbon footprint and reduce waste throughout their lifecycle. There is a surge in use of recycled materials in tyre production. Instead of relying solely on virgin rubber, manufacturers are incorporating recycled rubber from old tyres into their tyre compounds. This not only reduces the demand for new raw materials but also helps to address the issue of tyre wastage.
Market Segmentation
Colombia Automotive Tyre Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Design
Radial
Bias
Market Breakup by Season Type
Summer
Winter
All Season
Market Breakup by Rim Size
Less than 15 Inch
15-20 Inch
More than 20 Inch
Market Breakup by Vehicle Type
Two-Wheeler and Three-Wheeler
Passenger Vehicle
Heavy Commercial Vehicle
Light and Medium Commercial Vehicle
Others
Market Breakup by Sales Channel
OEM
Aftermarket
Competitive Landscape
The market participants are focusing on the production of sustainable tyres to secure a competitive advantage within the market.
Bridgestone Corporation
Continental AG
Sumitomo Rubber Industries, Ltd.
The Goodyear Tire & Rubber Company
Hankook Tire & Technology Co., Ltd.
Pirelli & CSpA
Michelin Group
AEOLUS TYRE Co. Ltd.
JK Tyre & Industries Ltd.
Apollo Tyres Ltd.
Others
Table of Contents
109 Pages
- 1 Executive Summary
- 1.1 Market Size 2024-2025
- 1.2 Market Growth 2025(F)-2034(F)
- 1.3 Key Demand Drivers
- 1.4 Key Players and Competitive Structure
- 1.5 Industry Best Practices
- 1.6 Recent Trends and Developments
- 1.7 Industry Outlook
- 2 Market Overview and Stakeholder Insights
- 2.1 Market Trends
- 2.2 Key Verticals
- 2.3 Key Regions
- 2.4 Supplier Power
- 2.5 Buyer Power
- 2.6 Key Market Opportunities and Risks
- 2.7 Key Initiatives by Stakeholders
- 3 Economic Summary
- 3.1 GDP Outlook
- 3.2 GDP Per Capita Growth
- 3.3 Inflation Trends
- 3.4 Democracy Index
- 3.5 Gross Public Debt Ratios
- 3.6 Balance of Payment (BoP) Position
- 3.7 Population Outlook
- 3.8 Urbanisation Trends
- 4 Country Risk Profiles
- 4.1 Country Risk
- 4.2 Business Climate
- 5 Latin America Automotive Tyre Market Overview
- 5.1 Key Industry Highlights
- 5.2 Latin America Automotive Tyre Historical Market (2018-2024)
- 5.3 Latin America Automotive Tyre Market Forecast (2025-2034)
- 5.4 Latin America Automotive Tyre Market Share by Country
- 5.4.1 Brazil
- 5.4.2 Mexico
- 5.4.3 Argentina
- 5.4.4 Colombia
- 5.4.5 Others
- 6 Colombia Automotive Tyre Market Overview
- 6.1 Key Industry Highlights
- 6.2 Colombia Automotive Tyre Historical Market (2018-2024)
- 6.3 Colombia Automotive Tyre Market Forecast (2025-2034)
- 7 Colombia Automotive Tyre Market by Design
- 7.1 Radial
- 7.1.1 Historical Trend (2018-2024)
- 7.1.2 Forecast Trend (2025-2034)
- 7.2 Bias
- 7.2.1 Historical Trend (2018-2024)
- 7.2.2 Forecast Trend (2025-2034)
- 8 Colombia Automotive Tyre Market by Season Type
- 8.1 Summer
- 8.1.1 Historical Trend (2018-2024)
- 8.1.2 Forecast Trend (2025-2034)
- 8.2 Winter
- 8.2.1 Historical Trend (2018-2024)
- 8.2.2 Forecast Trend (2025-2034)
- 8.3 All Season
- 8.3.1 Historical Trend (2018-2024)
- 8.3.2 Forecast Trend (2025-2034)
- 9 Colombia Automotive Tyre Market by Rim Size
- 9.1 Less than 15 Inch
- 9.1.1 Historical Trend (2018-2024)
- 9.1.2 Forecast Trend (2025-2034)
- 9.2 15-20 Inch
- 9.2.1 Historical Trend (2018-2024)
- 9.2.2 Forecast Trend (2025-2034)
- 9.3 More than 20 Inch
- 9.3.1 Historical Trend (2018-2024)
- 9.3.2 Forecast Trend (2025-2034)
- 10 Colombia Automotive Tyre Market by Vehicle Type
- 10.1 Two-Wheeler and Three-Wheeler
- 10.1.1 Historical Trend (2018-2024)
- 10.1.2 Forecast Trend (2025-2034)
- 10.2 Passenger Vehicle
- 10.2.1 Historical Trend (2018-2024)
- 10.2.2 Forecast Trend (2025-2034)
- 10.3 Heavy Commercial Vehicle
- 10.3.1 Historical Trend (2018-2024)
- 10.3.2 Forecast Trend (2025-2034)
- 10.4 Light and Medium Commercial Vehicle
- 10.4.1 Historical Trend (2018-2024)
- 10.4.2 Forecast Trend (2025-2034)
- 10.5 Others
- 11 Colombia Automotive Tyre Market by Sales Channel
- 11.1 OEM
- 11.1.1 Historical Trend (2018-2024)
- 11.1.2 Forecast Trend (2025-2034)
- 11.2 Aftermarket
- 11.2.1 Historical Trend (2018-2024)
- 11.3 2.2 Forecast Trend (2025-2034)
- 12 Market Dynamics
- 12.1 SWOT Analysis
- 12.1.1 Strengths
- 12.1.2 Weaknesses
- 12.1.3 Opportunities
- 12.1.4 Threats
- 12.2 Porter’s Five Forces Analysis
- 12.2.1 Supplier’s Power
- 12.2.2 Buyers Powers
- 12.2.3 Threat of New Entrants
- 12.2.4 Degree of Rivalry
- 12.2.5 Threat of Substitutes
- 12.3 Key Indicators for Demand
- 12.4 Key Indicators for Price
- 13 Value Chain Analysis
- 14 Trade Data Analysis (HS Code: 411)
- 14.1 Major Importing Countries
- 14.1.1 By Volume
- 14.1.2 By Value
- 14.2 Major Exporting Countries
- 14.2.1 By Volume
- 14.2.2 By Value
- 15 Price Analysis
- 16 Competitive Landscape
- 16.1 Supplier Selection
- 16.2 Key Global Players
- 16.3 Key Regional Players
- 16.4 Key Player Strategies
- 16.5 Company Profiles
- 16.5.1 Bridgestone Corporation
- 16.5.1.1 Company Overview
- 16.5.1.2 Product Portfolio
- 16.5.1.3 Demographic Reach and Achievements
- 16.5.1.4 Certifications
- 16.5.2 Continental AG
- 16.5.2.1 Company Overview
- 16.5.2.2 Product Portfolio
- 16.5.2.3 Demographic Reach and Achievements
- 16.5.2.4 Certifications
- 16.5.3 Sumitomo Rubber Industries, Ltd.
- 16.5.3.1 Company Overview
- 16.5.3.2 Product Portfolio
- 16.5.3.3 Demographic Reach and Achievements
- 16.5.3.4 Certifications
- 16.5.4 The Goodyear Tire & Rubber Company
- 16.5.4.1 Company Overview
- 16.5.4.2 Product Portfolio
- 16.5.4.3 Demographic Reach and Achievements
- 16.5.4.4 Certifications
- 16.5.5 Hankook Tire & Technology Co., Ltd.
- 16.5.5.1 Company Overview
- 16.5.5.2 Product Portfolio
- 16.5.5.3 Demographic Reach and Achievements
- 16.5.5.4 Certifications
- 16.5.6 Pirelli & CSpA
- 16.5.6.1 Company Overview
- 16.5.6.2 Product Portfolio
- 16.5.6.3 Demographic Reach and Achievements
- 16.5.6.4 Certifications
- 16.5.7 Michelin Group
- 16.5.7.1 Company Overview
- 16.5.7.2 Product Portfolio
- 16.5.7.3 Demographic Reach and Achievements
- 16.5.7.4 Certifications
- 16.5.8 AEOLUS TYRE Co. Ltd.
- 16.5.8.1 Company Overview
- 16.5.8.2 Product Portfolio
- 16.5.8.3 Demographic Reach and Achievements
- 16.5.8.4 Certifications
- 16.5.9 JK Tyre & Industries Ltd.
- 16.5.9.1 Company Overview
- 16.5.9.2 Product Portfolio
- 16.5.9.3 Demographic Reach and Achievements
- 16.5.9.4 Certifications
- 16.5.10 Apollo Tyres Ltd.
- 16.5.10.1 Company Overview
- 16.5.10.2 Product Portfolio
- 16.5.10.3 Demographic Reach and Achievements
- 16.5.10.4 Certifications
- 16.5.11 Others
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
