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Greece Tire Market Forecast & Opportunities, 2021

Greece Tire Market Forecast & Opportunities, 2021

In 2009, Europe suffered one of the worst economic meltdowns, commonly referred to as the Eurozone Crisis. Though the crisis impacted the entire region, Greece was among the most severely affected countries. Due to economic slowdown, the country’s economy suffered a slump, and multiple public as well as private banks declared bankruptcy, which impacted various sectors, consequently restraining growth in Greece’s automobile and related components market over the last five years. However, the country witnessed signs of revival in 2013 due to several bailout packages offered to Greece by the European Union and the International Monetary Fund (IMF). Consequently, the country’s tire market also witnessed a rebound with sale of tires increasing across all the vehicle segments. To boost new vehicle sales, the Government of Greece introduced a policy initiative in 2009, wherein the government provided an incentive ranging from $670 to $3,740 for individuals scrapping their old vehicles for new ones. The scheme was in effect until the end of 2014.

According to “Greece Tire Market Forecast & Opportunities, 2021”, tire market in Greece is projected to cross $ 3.4 billion by 2021. The country’s vehicle fleet is dominated by the passenger car segment, followed by the two-wheeler vehicle segment. Consequently, the passenger car tire segment held a share of more than 75% in the country’s tire market in 2015 and its dominance is anticipated to continue during the forecast period as well. Due to absence of automobile manufacturing in Greece, the tire market is entirely dependent on the replacement demand, which is being addressed by flagship as well as Chinese tire brands imported into the country. Few of the major companies operating in Greece tire market include Michelin, Bridgestone, Goodyear, Continental and Pirelli, among others. “Greece Tire Market Forecast & Opportunities, 2021” discusses the following aspects of tire market in Greece:

  • Greece Tire Market Size, Share & Forecast
  • Segmental Analysis – Passenger Car Tires, Medium and Heavy Commercial Tires, Light Commercial Vehicle Tires, OTR Tires & Two Wheeler Tires
  • Policy & Regulatory Landscape
  • Changing Market Trends & Emerging Opportunities
  • Competitive Landscape & Strategic Recommendations
Why You Should Buy This Report?
  • To gain an in-depth understanding of Greece tire market
  • To identify the on-going trends and anticipated growth in the next five years
  • To help industry consultants, tire companies and other stakeholders align their market-centric strategies
  • To obtain research based business decisions and add weight to presentations and marketing material
  • To gain competitive knowledge of leading market players
  • To avail 10% customization in the report without any extra charges and get research data or trends added in the report as per the buyer’s specific needs
Report Methodology

The information contained in this report is based upon both primary and secondary research. Primary research included interaction with tire companies, distributors and industry experts. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.

Please Note: Printing is not available on single-user licenses.


1. Product Overview
2. Research Methodology
3. Analyst View
4. Greece Tire Market Outlook
4.1. Market Size & Forecast
4.1.1. By Value & Volume
4.2. Market Share & Forecast
4.2.1. By Vehicle Type (Passenger Car, Two-Wheeler, Light Commercial Vehicle, Off-the-Road and Medium & Heavy Commercial Vehicle)
4.2.2. By Company
4.2.3. By Region
5. Greece Passenger Car (PC) Tire Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value & Volume
5.2. Market Share & Forecast
5.2.1. By Vehicle Type (Small & Medium, Sports Utility Vehicle (SUV) & Multi-Purpose Vehicle (MPV) & Sedan)
6. Greece Two-Wheeler Tire Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Vehicle Type (Motorcycle & Moped)
7. Greece Light Commercial Vehicle (LCV) Tire Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value & Volume
8. Greece Off-The-Road (OTR) Tire Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Vehicle Type (Agricultural Vehicle & Construction, Mining & Industrial Vehicle)
9. Greece Medium & Heavy Commercial Vehicle (M&HCV) Tire Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value & Volume
9.2. Market Share & Forecast
9.2.1. By Vehicle Type (Medium Commercial Vehicles (MCV) Vs. Heavy Commercial Vehicles (HCV))
10. Import-Export Analysis
11. Market Dynamics
11.1. Drivers
11.2. Challenges
12. Market Trends & Developments
12.1. Increasing Online Tire Sales
12.2. Growing Demand for OTR Tires
12.3. Surging Chinese Tire Penetration
12.4. Declining Tire Imports
12.5. Dominance of Foreign Tire Manufacturers
13. Policy & Regulatory Landscape
14. Greece Economic Profile
15. Competitive Landscape
15.1. Elastika Michelin A.E
15.2. Bridgestone Europe NV/SA
15.3. Goodyear Dunlop Tires Hellas SAIC
15.4. Continental AG
15.5. Elastika Pirelli C.S.A.
15.6. Hankook Tire Company Ltd.
15.7. Cooper Tire & Rubber Company
15.8. Yokohama Rubber Co., Ltd
15.9. Kumho Tire Italia
15.10. Toyo Tire and Rubber Co., Ltd.
16. Strategic Recommendations
List of Figures
Figure 1: Greece Tire Market Size, By Value (USD Million), By Volume (Thousand Units), 2011-2021F
Figure 2: Greece Tire Market Share, By Vehicle Type, By Volume, 2015-2021F
Figure 3: Greece Tire Market Share, By Company, By Volume, 2015-2021F
Figure 4: Greece Tire Market Share, By Region, By Volume, 2015 & 2021F
Figure 5: Greece Tire Market Share, By Region, By Volume, 2015-2021F
Figure 6: Greece Passenger Car Tire Market Size, By Value (USD Million), By Volume (Thousand Units), 2011-2021F
Figure 7: Greece Passenger Car Tire Market Share, By Vehicle Type, By Volume, 2011-2021F
Figure 8: Greece Two-Wheeler Tire Market Size, By Value (USD Million), By Volume (Thousand Units), 2011-2021F
Figure 9: Greece Two-Wheeler Tire Market Share, By Vehicle Type, By Volume, 2015-2021F
Figure 10: Greece Light Commercial Vehicle Tire Market Size, By Value (USD Million), By Volume (Thousand Units), 2011-2021F
Figure 11: Greece Off-The-Road Tire Market Size, By Value (USD Million), By Volume (Thousand Units), 2011-2021F
Figure 12: Greece Off-The-Road (OTR) Tire Market Share, By Vehicle Type, By Volume, 2011-2021F
Figure 13: Greece Medium & Heavy Commercial Vehicle Tire Market Size, By Value (USD Million), By Volume (Thousand Units), 2011-2021F
Figure 14: Greece Medium & Heavy Commercial Vehicle Tire Market Share, By Vehicle Type, By Volume, 2011-2021F
Figure 15: Greece Passenger Car Tire Imports, By Value, 2011-2015 (USD Million)
Figure 16: Greece Commercial Vehicle Tire Imports, By Value, 2011-2015 (USD Million)
Figure 17: Greece Off-The-Road Tire Imports, By Value, 2011-2015 (USD Million)
Figure 18: Greece Two-Wheeler Tire Imports, By Value, 2011-2015 (USD Million)
Figure 19: Greece Tire Imports Share, By Vehicle Type, By Value, 2015
Figure 20: Greece Passenger Car Tire Exports, By Value, 2011-2015 (USD Million)
Figure 21: Greece Commercial Vehicle Tire Exports, By Value, 2011-2015 (USD Million)
Figure 22: Greece Off-The-Road Tire Exports, By Value, 2011-2015 (USD Million)
Figure 23: Greece Two-Wheeler Tire Exports, By Value, 2011-2015 (USD Million)
Figure 24: Greece Tire Imports Share, By Vehicle Type, By Value, 2015
List of Tables
Table 1: Greece Automotive Sales, By Volume, 2011–2015 (Units)
Table 2: Greece Passenger Car Sales, By Volume, 2011-2015 (Units)
Table 3: Greece Passenger Car Fleet, By Volume, 2011-2015 (Units)
Table 4: Greece Light Commercial Vehicle Sales, By Volume, 2011–2015 (Units)
Table 5: Greece Total Commercial Vehicle Fleet, By Volume, 2011-2015 (Units)
Table 6: Greece Major Construction Projects, By Project Cost (USD Million)
Table 7: Greece OTR Tire Market Size, By Vehicle Type, By Volume, 2016-21 (Thousand Units)
Table 8: Greece Medium & Heavy Commercial Vehicle Sales, By Volume, 2011–2015 (Units)
Table 9: Greece Total Commercial Vehicle Fleet, By Volume, 2011-2015 (Thousand Units)
Table 10: Greece Automobile Sales, By Vehicle Type, By Volume, 2011-2015 (Units)
Table 11: Greece Tourism Sector GDP Contribution, By Value, 2010-2015
Table 12: Greece Passenger Car Scrappage Scheme Incentive, By Passenger Car Type, By Value (in USD)
Table 13: Greece Off-The Road Tire Market Size, By Volume, 2011-2015 (Thousand Units)
Table 14: Greece Tire Imports, By Value, 2011-2015 (USD Million)
Table 15: List of Import Duty on Tires, By HS Code, By Vehicle Type, 2015

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