Pakistan Tyre Market Size, Share, Trends and Forecast by Vehicle Type, OEM and Replacement Segment, Domestic Production and Imports, Legitimate and Grey Market, Radial and Bias Tyres, Tube and Tubeless Tyres, and Region, 2025-2033
Description
The Pakistan tyre market size was valued at 25 Million Units in 2024. Looking forward, IMARC Group estimates the market to reach 36.0 Million Units by 2033, exhibiting a CAGR of 4.1% during 2025-2033. Punjab currently dominates the market, holding a significant market share of around 38.0% in 2024. The market is driven by growing vehicle ownership, rapid urbanization, and expanding logistics/e-commerce sectors. Rising disposable incomes and easier auto financing enhance demand, while poor road conditions increase replacement needs. Government policies promoting local manufacturing reduce import reliance, and seasonal factors. The dominance of two/three-wheelers and commercial vehicles is further expanding the Pakistan tyre market share.
Tyres are one of the essential components in automobiles as they aid in transferring the load of the vehicle from the axle to the ground. They are manufactured using materials such as fabric, wire, carbon black, natural and synthetic rubber, and other chemical compounds. As tyres are pneumatically inflated, they provide a flexible cushion for absorbing shock when the vehicle travels on a rough surface. Presently, the rising vehicle motorization rate in Pakistan is impelling the demand for tyres in the country.
The Pakistan tyre (tire) industry is currently experiencing moderate growth on account of the increasing vehicle ownership in the country. This can also be attributed to numerous infrastructural and macroeconomic reforms undertaken by the Government of Pakistan, which is resulting in the development of industrial, construction and agricultural industries. For instance, the Government has reduced the prices of fertilizers, approved the Seed Act and Plant Breeders Bill, and increased loans for farmers to improve agricultural activities which, in turn, is boosting the overall sales of tyres in this sector. Apart from this, the Government is also imposing taxes on tyre imports to support domestic manufacturers. Furthermore, due to a consistent rise in the demand for tyres, local and foreign investors are showing interest in the industry, which is anticipated to strengthen the market growth in the upcoming years. For example, General Tyre and Rubber Company (GTR), one of the leading companies in Pakistan, is planning to set up a new manufacturing unit in the Special Economic Zone (SEZ) in Faisalabad.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the Pakistan tyre market, along with forecasts at the regional and country levels from 2025-2033. The market has been categorized based on vehicle type, OEM and replacement segment, domestic production and imports, legitimate and grey market, radial and bias tyres, and tube and tubeless tyres.
Breakup by Vehicle Type:
Breakup by OEM and Replacement Segment:
Breakup by Domestic Production and Imports:
Breakup by Legitimate and Grey Market:
Breakup by Radial and Bias Tyres:
Breakup by Tube and Tubeless Tyres:
Regional Insights:
The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of the major players operating in the industry. Some of these players are:
1.How big is the tyre market in Pakistan?
2.What factors are driving the growth of the Pakistan tyre market?
3.What is the forecast for the tyre market in Pakistan?
4.Which segment accounted for the largest Pakistan tyre segment market share?
5.Who are the major players in the Pakistan tyre market?
What is the market breakup on the basis of tube and tubeless tyres?
What are the various stages in the value chain of the Pakistan tyre industry?
What are the key driving factors and challenges in the Pakistan tyre industry?
What is the structure of the Pakistan tyre industry and who are the key players?
What is the degree of competition in the Pakistan tyre industry?
What are the profit margins in the Pakistan tyre industry?
How are tyres manufactured?
What are the various unit operations involved in a tyre manufacturing plant?
What is the total size of land required for setting up a tyre manufacturing plant?
What are the machinery requirements for setting up a tyre manufacturing plant?
What are the raw material requirements for setting up a tyre manufacturing plant?
What are the packaging requirements for a tyre manufacturing plant?
What are the transportation requirements for a tyre manufacturing plant?
What are the utility requirements for setting up a tyre manufacturing plant?
What are the manpower requirements for setting up a tyre manufacturing plant?
What are the infrastructure costs for setting up a tyre manufacturing plant?
What are the capital costs for setting up a tyre manufacturing plant?
What are the operating costs for setting up a tyre manufacturing plant?
What will be the income and expenditures for a tyre manufacturing plant?
What is the time required to break-even?
Tyres are one of the essential components in automobiles as they aid in transferring the load of the vehicle from the axle to the ground. They are manufactured using materials such as fabric, wire, carbon black, natural and synthetic rubber, and other chemical compounds. As tyres are pneumatically inflated, they provide a flexible cushion for absorbing shock when the vehicle travels on a rough surface. Presently, the rising vehicle motorization rate in Pakistan is impelling the demand for tyres in the country.
The Pakistan tyre (tire) industry is currently experiencing moderate growth on account of the increasing vehicle ownership in the country. This can also be attributed to numerous infrastructural and macroeconomic reforms undertaken by the Government of Pakistan, which is resulting in the development of industrial, construction and agricultural industries. For instance, the Government has reduced the prices of fertilizers, approved the Seed Act and Plant Breeders Bill, and increased loans for farmers to improve agricultural activities which, in turn, is boosting the overall sales of tyres in this sector. Apart from this, the Government is also imposing taxes on tyre imports to support domestic manufacturers. Furthermore, due to a consistent rise in the demand for tyres, local and foreign investors are showing interest in the industry, which is anticipated to strengthen the market growth in the upcoming years. For example, General Tyre and Rubber Company (GTR), one of the leading companies in Pakistan, is planning to set up a new manufacturing unit in the Special Economic Zone (SEZ) in Faisalabad.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the Pakistan tyre market, along with forecasts at the regional and country levels from 2025-2033. The market has been categorized based on vehicle type, OEM and replacement segment, domestic production and imports, legitimate and grey market, radial and bias tyres, and tube and tubeless tyres.
Breakup by Vehicle Type:
- Two-Wheeler and Three-Wheeler
- Passenger Cars and Light Truck
- Heavy Commercial and OTR
Breakup by OEM and Replacement Segment:
- OEM
- Replacement
Breakup by Domestic Production and Imports:
- Domestic Production
- Imports
Breakup by Legitimate and Grey Market:
- Legitimate
- Grey
Breakup by Radial and Bias Tyres:
- Bias
- Radial
Breakup by Tube and Tubeless Tyres:
- Tube Tyres
- Tubeless Tyres
Regional Insights:
- Punjab
- Sindh
- Khyber Pakhtunkhwa
- Balochistan
The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of the major players operating in the industry. Some of these players are:
- General Tyre and Rubber Co. Ltd.
- Panther Tyres Limited
- Diamond Tyres Limited
- Service Industries Limited
- Ghauri Tyre and Tube Pvt. Limited
1.How big is the tyre market in Pakistan?
2.What factors are driving the growth of the Pakistan tyre market?
3.What is the forecast for the tyre market in Pakistan?
4.Which segment accounted for the largest Pakistan tyre segment market share?
5.Who are the major players in the Pakistan tyre market?
What is the market breakup on the basis of tube and tubeless tyres?
What are the various stages in the value chain of the Pakistan tyre industry?
What are the key driving factors and challenges in the Pakistan tyre industry?
What is the structure of the Pakistan tyre industry and who are the key players?
What is the degree of competition in the Pakistan tyre industry?
What are the profit margins in the Pakistan tyre industry?
How are tyres manufactured?
What are the various unit operations involved in a tyre manufacturing plant?
What is the total size of land required for setting up a tyre manufacturing plant?
What are the machinery requirements for setting up a tyre manufacturing plant?
What are the raw material requirements for setting up a tyre manufacturing plant?
What are the packaging requirements for a tyre manufacturing plant?
What are the transportation requirements for a tyre manufacturing plant?
What are the utility requirements for setting up a tyre manufacturing plant?
What are the manpower requirements for setting up a tyre manufacturing plant?
What are the infrastructure costs for setting up a tyre manufacturing plant?
What are the capital costs for setting up a tyre manufacturing plant?
What are the operating costs for setting up a tyre manufacturing plant?
What will be the income and expenditures for a tyre manufacturing plant?
What is the time required to break-even?
Table of Contents
116 Pages
- 1 Preface
- 2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
- 3 Executive Summary
- 4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
- 5 Pakistan Automobile Industry
- 5.1 Overview
- 5.2 Production Trends
- 5.2.1 Market Performance
- 5.2.2 Market Breakup by Vehicle Type
- 5.2.3 Market Breakup by Region
- 5.2.4 Market Forecast
- 5.3 Vehicles Registration in Pakistan
- 5.3.1 Market Performance
- 5.3.2 Vehicle Registration by Region
- 5.4 New Industry Entrants
- 6 Pakistan Tyre Market
- 6.1 Market Overview
- 6.2 Market Performance
- 6.2.1 Volume Trends
- 6.2.2 Value Trends
- 6.3 Impact of COVID-19
- 6.4 Market Breakup by Vehicle Type
- 6.5 Market Breakup by OEM and Replacement Segment
- 6.6 Market Breakup by Domestic Production and Imports
- 6.7 Market Breakup by Legitimate and Grey Market
- 6.8 Market Breakup by Radial and Bias Tyres
- 6.9 Market Breakup by Tube and Tubeless Tyres
- 6.10 Market Breakup by Region
- 6.11 Market Forecast
- 6.12 SWOT Analysis
- 6.12.1 Overview
- 6.12.2 Strengths
- 6.12.3 Weaknesses
- 6.12.4 Opportunities
- 6.12.5 Threats
- 6.13 Value Chain Analysis
- 6.13.1 Overview
- 6.13.2 Research and Development
- 6.13.3 Raw Material Procurement
- 6.13.4 Tyre Manufacturing
- 6.13.5 Marketing
- 6.13.6 Distribution
- 6.13.7 End-Users
- 6.13.8 Recycling
- 6.14 Porters Five Forces Analysis
- 6.14.1 Overview
- 6.14.2 Bargaining Power of Buyers
- 6.14.3 Bargaining Power of Suppliers
- 6.14.4 Degree of Competition
- 6.14.5 Threat of New Entrants
- 6.14.6 Threat of Substitutes
- 6.15 Price Analysis
- 6.15.1 Price Indicators
- 6.15.2 Price Structure
- 7 Market Breakup by Vehicle Type
- 7.1 Two-Wheeler and Three-Wheeler Tyres
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Passenger Cars and Light Truck Tyres
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Heavy Commercial and OTR Tyres
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 8 Market Breakup by OEM and Replacement Segment
- 8.1 OEM Tyres
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Replacement Tyres
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 9 Market Breakup by Domestic Production and Imports
- 9.1 Domestic Production
- 9.2 Imports
- 10 Market Breakup by Legitimate and Grey Market
- 10.1 Legitimate Market
- 10.1.1 Market Trends
- 10.1.2 Market Forecast
- 10.2 Grey Market
- 10.2.1 Market Trends
- 10.2.2 Market Forecast
- 11 Market Breakup by Radial and Bias Tyres
- 11.1 Bias Tyres
- 11.1.1 Market Trends
- 11.1.2 Market Forecast
- 11.2 Radial Tyres
- 11.2.1 Market Trends
- 11.2.2 Market Forecast
- 12 Market Breakup by Tube and Tubeless Tyres
- 12.1 Tube Tyres
- 12.1.1 Market Trends
- 12.1.2 Market Forecast
- 12.2 Tubeless Tyres
- 12.2.1 Market Trends
- 12.2.2 Market Forecast
- 13 Market Breakup by Region
- 13.1 Punjab
- 13.2 Sindh
- 13.3 Khyber Pakhtunkhwa
- 13.4 Balochistan
- 14 Foreign Direct Investment in Pakistan
- 15 Tyre Manufacturing Process
- 15.1 Product Overview
- 15.2 Radial Tyre Component
- 15.3 Tyre Design Process
- 15.4 Detailed Process Flow
- 15.5 Various Types of Unit Operations Involved
- 15.6 Tyre Performance Criteria
- 15.7 Technical Tests
- 15.8 Mass Balance and Raw Material Requirements
- 16 Project Details, Requirements and Costs Involved
- 16.1 Land, Location and Site Development
- 16.1.1 Overview of Land Location
- 16.1.1.1 Project Planning and Phasing of Development
- 16.1.1.2 Environmental Impacts
- 16.1.2 Land Requirement and Expenditure
- 16.2 Plant Layout
- 16.3 Plant Machinery
- 16.3.1 Machinery Costs
- 16.3.2 Machinery Suppliers
- 16.3.3 Machinery Pictures
- 16.4 Raw Materials
- 16.4.1 Raw Material Required and Specifications
- 16.4.2 Raw Material Procurement
- 16.4.3 Raw Material Expenditure
- 16.4.4 Raw Material Supplier
- 16.4.5 Raw Material and Final Product Pictures
- 16.5 Packaging Requirements and Expenditures
- 16.6 Transportation Requirements and Expenditures
- 16.7 Utilities Requirements and Expenditures
- 16.8 Manpower Requirements and Expenditures
- 16.9 Other Capital Investments
- 17 Loans and Financial Assistance
- 18 Project Economics
- 18.1 Capital Cost of the Project
- 18.2 Techno-Economic Parameters
- 18.3 Product Pricing and Margins Across Various Levels of the Supply Chain
- 18.4 Taxation and Depreciation
- 18.5 Income Projections
- 18.6 Expenditure Projections
- 18.7 Financial Analysis
- 18.7.1 Liquidity Analysis
- 18.7.2 Profitability Analysis
- 18.7.2.1 Payback Period
- 18.7.2.2 Net Present Value:
- 18.7.2.3 Internal Rate of Return
- 18.7.2.4 Profit and Loss Account
- 18.7.3 Uncertainty Analysis
- 18.7.4 Sensitivity Analysis
- 18.8 Economic Analysis
- 19 Case Study – Apollo Tyre
- 20 Competitive Landscape
- 20.1 Key Players
- 20.2 Key Players Profiles
- 20.2.1 General Tyre and Rubber Co. Ltd.
- 20.2.1.1 Company Overview
- 20.2.1.2 Company Description
- 20.2.2 Panther Tyres Limited
- 20.2.2.1 Company Overview
- 20.2.2.2 Company Description
- 20.2.3 Diamond Tyres Limited
- 20.2.3.1 Company Overview
- 20.2.3.2 Company Description
- 20.2.4 Service Industries Limited
- 20.2.4.1 Company Overview
- 20.2.4.2 Company Description
- 20.2.5 Ghauri Tyre and Tube Pvt. Limited
- 20.2.5.1 Company Overview
- 20.2.5.2 Company Description
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.
