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PUBLISHER: IMARC Services Private Limited | PRODUCT CODE: 1236894
PUBLISHER: IMARC Services Private Limited | PRODUCT CODE: 1236894
Europe Tire Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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The Europe tire market size reached 423.6 Million Units in 2022. Looking forward, IMARC Group expects the market to reach 503.5 Million Units by 2028, exhibiting a growth rate (CAGR) of 3.11% during 2023-2028.
The growth of the Europe Tire market can be attributed to the rising consumer demand for ultra-high-performance tires with high durability and reliability. Further, the growing need for automobile tires with increased sidewall puncture resistance, and high-design cushion for road-shock have also augmented the market growth in the region. Additionally, the high consumer living standards supported by their increasing per capita expenditures on luxury cars have propelled the demand for advanced and premium-quality tires. Moreover, the rising disposable income levels of the European middle-class population have significantly increased the demand for crossover utility vehicles (CUVs) and sport utility vehicles (SUVs), thereby catalyzing the market growth. Apart from this, growing presence of major tire manufacturing brands such as Continental AG, Michelin, Bridgestone, Goodyear, Pirelli, etc. is also driving the market. Moreover, due to the rising environmental concerns towards the high vehicular pollution level coupled with the launch of several programs by the European Commission for controlling pollution have led to the introduction of electric vehicles. On account of this, there is a high demand for compatible and durable tires for electric and autonomous vehicles.
Key Market Segmentation:
- IMARC Group provides an analysis of the key trends in each sub-segment of the Europe tire market report, along with forecasts at the regional and country level from 2023-2028. Our report has categorized the market based on radial vs bias, end-use, vehicle type, size and distribution channel.
Breakup by Radial Vs Bias:
- Radial
- Bias
Breakup by End-Use:
- OEM
- Replacement
Breakup by Vehicle Type:
- Passenger Cars
- Light Commercial Vehicles
- Medium and Heavy Commercial Vehicles
- Two-Wheeler
- Off-The-Road (OTR)
- Three- Wheelers
Breakup by Size:
- Passenger Cars
- Market Breakup by Rim Size
- Market Breakup by Tire Size
- Market Breakup by Price Range
- Light Commercial Vehicles
- Market Breakup by Rim Size
- Market Breakup by Tire Size
- Market Breakup by Price Range
- Medium and Heavy Commercial Vehicles
- Market Breakup by Rim Size
- Market Breakup by Tire Size
- Market Breakup by Price Range
- Two Wheelers
- Market Breakup by Rim Size
- Market Breakup by Tire Size
- Market Breakup by Price Range
- Off- The- Road (OTR)
- Market Breakup by Rim Size
- Market Breakup by Tire Size
- Market Breakup by Price Range
- Three-Wheelers
- Market Breakup by Rim Size
- Market Breakup by Tire Size
- Market Breakup by Price Range
Breakup by Distribution Channel:
- Offline
- Online
Breakup by Country:
- Germany
- United Kingdom
- Spain
- France
- Italy
- Russia
- Turkey
- Netherlands
- Belgium
- Others
Competitive Landscape:
- The competitive landscape of the industry has also been examined with some of the key players being MICHELIN, Bridgestone Corporation, Continental AG, Goodyear Tire & Rubber Company, Sumitomo Corporation, Pirelli Tyre S.p.A., Yokohama Tire Corporation, Hankook Tire Co., Ltd., Toyo Tire Corporation, and KUMHO TIRE CO., INC.
Key Questions Answered in This Report:
- How has the Europe tire market performed so far and how will it perform in the coming years?
- What are the key segments in the Europe tire industry?
- What has been the impact of COVID-19 on the Europe tire industry?
- What are the key end-use segments in the Europe tire industry?
- What are the key vehicle types in the Europe tire industry?
- What are the key distribution channels in the Europe tire industry?
- What is the regional breakup of the Europe tire industry?
- What are the various stages in the value chain of the Europe tire industry?
- What are the key driving factors and challenges in the Europe tire industry?
- What is the structure of the Europe tire industry and who are the key players?
- What is the degree of competition in the Europe tire industry?
Product Code: SR1523A159_Report
Table of Contents
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 Europe Tire Industry
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Radial Vs Bias
- 6.1 Radial
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Bias
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by End-Use
- 7.1 OEM
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Replacement
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
8 Market Breakup by Vehicle Type
- 8.1 Passenger Cars
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Light Commercial Vehicles
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Medium and Heavy Commercial Vehicles
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Two-Wheelers
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Three-Wheelers
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
- 8.6 Off-The-Road (OTR)
- 8.6.1 Market Trends
- 8.6.2 Market Forecast
9 Market Breakup by Size
- 9.1 Passenger Cars
- 9.1.1 Market Breakup by Rim Size
- 9.1.2 Market Breakup by Tire Size
- 9.1.3 Market Breakup by Price Range
- 9.2 Light Commercial Vehicles
- 9.2.1 Market Breakup by Rim Size
- 9.2.2 Market Breakup by Tire Size
- 9.2.3 Market Breakup by Price Range
- 9.3 Medium and Heavy Commercial Vehicles
- 9.3.1 Market Breakup by Rim Size
- 9.3.2 Market Breakup by Tire Size
- 9.3.3 Market Breakup by Price Range
- 9.4 Two-Wheelers
- 9.4.1 Market Breakup by Rim Size
- 9.4.2 Market Breakup by Tire Size
- 9.4.3 Market Breakup by Price Range
- 9.5 Off- The- Road (OTR)
- 9.5.1 Market Breakup by Rim Size
- 9.5.2 Market Breakup by Tire Size
- 9.5.3 Market Breakup by Price Range
- 9.6 Three-Wheelers
- 9.6.1 Market Breakup by Rim Size
- 9.6.2 Market Breakup by Tire Size
- 9.6.3 Market Breakup by Price Range
10 Market Breakup by Distribution Channel
- 10.1 Offline
- 10.1.1 Market Trends
- 10.1.2 Market Forecast
- 10.2 Online
- 10.2.1 Market Trends
- 10.2.2 Market Forecast
11 Market Breakup by Country
- 11.1 Germany
- 11.1.1 Market Trends
- 11.1.2 Market Forecast
- 11.2 United Kingdom
- 11.2.1 Market Trends
- 11.2.2 Market Forecast
- 11.3 Spain
- 11.3.1 Market Trends
- 11.3.2 Market Forecast
- 11.4 France
- 11.4.1 Market Trends
- 11.4.2 Market Forecast
- 11.5 Italy
- 11.5.1 Market Trends
- 11.5.2 Market Forecast
- 11.6 Russia
- 11.6.1 Market Trends
- 11.6.2 Market Forecast
- 11.7 Turkey
- 11.7.1 Market Trends
- 11.7.2 Market Forecast
- 11.8 Netherlands
- 11.8.1 Market Trends
- 11.8.2 Market Forecast
- 11.9 Belgium
- 11.9.1 Market Trends
- 11.9.2 Market Forecast
- 11.10 Others
- 11.10.1 Market Trends
- 11.10.2 Market Forecast
12 Tire Pricing Analysis
- 12.1 Price Indicators
- 12.2 Cost Structure and Margins
- 12.3 Manufacturer and Distributor Prices
- 12.4 Price Trends and Forecast
13 SWOT Analysis
- 13.1 Overview
- 13.2 Strengths
- 13.3 Weaknesses
- 13.4 Opportunities
- 13.5 Threats
14 Value Chain Analysis
15 Porters Five Forces Analysis
- 15.1 Overview
- 15.2 Bargaining Power of Buyers
- 15.3 Bargaining Power of Suppliers
- 15.4 Degree of Competition
- 15.5 Threat of New Entrants
- 15.6 Threat of Substitutes
16 Competitive Landscape
- 16.1 Market Share and Structure
- 16.2 Key Players
- 16.3 Profiles of Key Players
- 16.3.1 MICHELIN
- 16.3.1.1 Company Overview
- 16.3.1.2 Product Portfolio
- 16.3.1.3 Financials
- 16.3.1.4 SWOT Analysis
- 16.3.2 Bridgestone Corporation
- 16.3.2.1 Company Overview
- 16.3.2.2 Product Portfolio
- 16.3.2.3 Financials
- 16.3.2.4 SWOT Analysis
- 16.3.3 Continental AG
- 16.3.3.1 Company Overview
- 16.3.3.2 Product Portfolio
- 16.3.3.3 Financials
- 16.3.3.4 SWOT Analysis
- 16.3.4 Goodyear Tire & Rubber Company
- 16.3.4.1 Company Overview
- 16.3.4.2 Product Portfolio
- 16.3.4.3 Financials
- 16.3.4.4 SWOT Analysis
- 16.3.5 Sumitomo Corporation
- 16.3.5.1 Company Overview
- 16.3.5.2 Product Portfolio
- 16.3.5.3 Financials
- 16.3.5.4 SWOT Analysis
- 16.3.6 Pirelli Tyre S.p.A.
- 16.3.6.1 Company Overview
- 16.3.6.2 Product Portfolio
- 16.3.6.3 Financials
- 16.3.6.4 SWOT Analysis
- 16.3.7 Yokohama Tire Corporation
- 16.3.7.1 Company Overview
- 16.3.7.2 Product Portfolio
- 16.3.7.3 Financials
- 16.3.7.4 SWOT Analysis
- 16.3.8 Hankook Tire Co., Ltd.
- 16.3.8.1 Company Overview
- 16.3.8.2 Product Portfolio
- 16.3.8.3 Financials
- 16.3.8.4 SWOT Analysis
- 16.3.9 Toyo Tire Corporation
- 16.3.9.1 Company Overview
- 16.3.9.2 Product Portfolio
- 16.3.9.3 Financials
- 16.3.9.4 SWOT Analysis
- 16.3.10 KUMHO TIRE CO., INC.
- 16.3.10.1 Company Overview
- 16.3.10.2 Product Portfolio
- 16.3.10.3 Financials
- 16.3.10.4 SWOT Analysis
- 16.3.1 MICHELIN
Product Code: SR1523A159_Report
List of Figures
- Figure 1: Europe: Tire Market: Major Drivers and Challenges
- Figure 2: Europe: Tire Market: Sales Volume (in Million Units), 2017-2022
- Figure 3: Europe: Tire Market: Breakup by Radial Vs Bias (in %), 2022
- Figure 4: Europe: Tire Market: Breakup by End-Use (in %), 2022
- Figure 5: Europe: Tire Market: Breakup by Vehicle Type (in %), 2022
- Figure 6: Europe: Tire Market: Breakup by Size (in %), 2022
- Figure 7: Europe: Tire Market: Breakup by Distribution Channel (in %), 2022
- Figure 8: Europe: Tire Market: Breakup by Country (in %), 2022
- Figure 9: Europe: Tire Market Forecast: Sales Volume (in Million Units), 2023-2028
- Figure 10: Europe: Tire (Radial) Market: Sales Volume (in Million Units), 2017 & 2022
- Figure 11: Europe: Tire (Radial) Market Forecast: Sales Volume (in Million Units), 2023-2028
- Figure 12: Europe: Tire (Bias) Market: Sales Volume (in Million Units), 2017 & 2022
- Figure 13: Europe: Tire (Bias) Market Forecast: Sales Volume (in Million Units), 2023-2028
- Figure 14: Europe: Tire (OEM) Market: Sales Volume (in Million Units), 2017 & 2022
- Figure 15: Europe: Tire (OEM) Market Forecast: Sales Volume (in Million Units), 2023-2028
- Figure 16: Europe: Tire (Replacement) Market: Sales Volume (in Million Units), 2017 & 2022
- Figure 17: Europe: Tire (Replacement) Market Forecast: Sales Volume (in Million Units), 2023-2028
- Figure 18: Europe: Tire (Passenger Cars) Market: Sales Volume (in Million Units), 2017 & 2022
- Figure 19: Europe: Tire (Passenger Cars) Market Forecast: Sales Volume (in Million Units), 2023-2028
- Figure 20: Europe: Tire (Light Commercial Vehicles) Market: Sales Volume (in Million Units), 2017 & 2022
- Figure 21: Europe: Tire (Light Commercial Vehicles) Market Forecast: Sales Volume (in Million Units), 2023-2028
- Figure 22: Europe: Tire (Medium and Heavy Commercial Vehicles) Market: Sales Volume (in Million Units), 2017 & 2022
- Figure 23: Europe: Tire (Medium and Heavy Commercial Vehicles) Market Forecast: Sales Volume (in Million Units), 2023-2028
- Figure 24: Europe: Tire (Two-Wheelers) Market: Sales Volume (in Million Units), 2017 & 2022
- Figure 25: Europe: Tire (Two-Wheelers) Market Forecast: Sales Volume (in Million Units), 2023-2028
- Figure 26: Europe: Tire (Off-The-Road) Market: Sales Volume (in Million Units), 2017 & 2022
- Figure 27: Europe: Tire (Off-The-Road) Market Forecast: Sales Volume (in Million Units), 2023-2028
- Figure 28: Europe: Tire (Three-Wheelers) Market: Sales Volume (in Million Units), 2017 & 2022
- Figure 29: Europe: Tire (Three- Wheelers) Market Forecast: Sales Volume (in Million Units), 2023-2028
- Figure 30: Europe: Tire (Passenger Cars) Market: Breakup by Rim Size (in %), 2022
- Figure 31: Europe: Tire (Passenger Cars) Market: Breakup by Tire Size (in %), 2022
- Figure 32: Europe: Tire (Passenger Cars) Market: Breakup by Price Range (in %), 2022
- Figure 33: Europe: Tire (Light Commercial Vehicles) Market: Breakup by Rim Size (in %), 2022
- Figure 34: Europe: Tire (Light Commercial Vehicles) Market: Breakup by Tire Size (in %), 2022
- Figure 35: Europe: Tire (Light Commercial Vehicles) Market: Breakup by Price Range (in %), 2022
- Figure 36: Europe: Tire (Medium and Heavy Commercial Vehicles) Market: Breakup by Rim Size (in %), 2022
- Figure 37: Europe: Tire (Medium and Heavy Commercial Vehicles) Market: Breakup by Tire Size (in %), 2022
- Figure 38: Europe: Tire (Medium and Heavy Commercial Vehicles) Market: Breakup by Price Range (in %), 2022
- Figure 39: Europe: Tire (Two Wheelers) Market: Breakup by Rim Size (in %), 2022
- Figure 40: Europe: Tire (Two Wheelers) Market: Breakup by Tire Size (in %), 2022
- Figure 41: Europe: Tire (Two Wheelers) Market: Breakup by Price Range (in %), 2022
- Figure 42: Europe: Tire (Three Wheelers) Market: Breakup by Rim Size (in %), 2022
- Figure 43: Europe: Tire (Three Wheelers) Market: Breakup by Tire Size (in %), 2022
- Figure 44: Europe: Tire (Three Wheelers) Market: Breakup by Price Range (in %), 2022
- Figure 45: Europe: Tire (Off-The-Road) Market: Breakup by Rim Size (in %), 2022
- Figure 46: Europe: Tire (Off-The-Road) Market: Breakup by Tire Size (in %), 2022
- Figure 47: Europe: Tire (Off-The-Road) Market: Breakup by Price Range (in %), 2022
- Figure 48: Europe: Tire (Offline) Market: Sales Volume (in Million Units), 2017 & 2022
- Figure 49: Europe: Tire (Offline) Market Forecast: Sales Volume (in Million Units), 2023-2028
- Figure 50: Europe: Tire (Online) Market: Sales Volume (in Million Units), 2017 & 2022
- Figure 51: Europe: Tire (Online) Market Forecast: Sales Volume (in Million Units), 2023-2028
- Figure 52: Germany: Tire Market: Sales Volume (in Million Units), 2017 & 2022
- Figure 53: Germany: Tire Market Forecast: Sales Volume (in Million Units), 2023-2028
- Figure 54: United Kingdom: Tire Market: Sales Volume (in Million Units), 2017 & 2022
- Figure 55: United Kingdom: Tire Market Forecast: Sales Volume (in Million Units), 2023-2028
- Figure 56: Spain: Tire Market: Sales Volume (in Million Units), 2017 & 2022
- Figure 57: Spain: Tire Market Forecast: Sales Volume (in Million Units), 2023-2028
- Figure 58: France: Tire Market: Sales Volume (in Million Units), 2017 & 2022
- Figure 59: France: Tire Market Forecast: Sales Volume (in Million Units), 2023-2028
- Figure 60: Italy: Tire Market: Sales Volume (in Million Units), 2017 & 2022
- Figure 61: Italy: Tire Market Forecast: Sales Volume (in Million Units), 2023-2028
- Figure 62: Russia: Tire Market: Sales Volume (in Million Units), 2017 & 2022
- Figure 63: Russia: Tire Market Forecast: Sales Volume (in Million Units), 2023-2028
- Figure 64: Turkey: Tire Market: Sales Volume (in Million Units), 2017 & 2022
- Figure 65: Turkey: Tire Market Forecast: Sales Volume (in Million Units), 2023-2028
- Figure 66: Netherland: Tire Market: Sales Volume (in Million Units), 2017 & 2022
- Figure 67: Netherland: Tire Market Forecast: Sales Volume (in Million Units), 2023-2028
- Figure 68: Belgium: Tire Market: Sales Volume (in Million Units), 2017 & 2022
- Figure 69: Belgium: Tire Market Forecast: Sales Volume (in Million Units), 2023-2028
- Figure 70: Others: Tire Market: Sales Volume (in Million Units), 2017 & 2022
- Figure 71: Others: Tire Market Forecast: Sales Volume (in Million Units), 2023-2028
- Figure 72: Europe: Tire Industry: SWOT Analysis
- Figure 73: Europe: Tire Industry: Value Chain Analysis
- Figure 74: Europe: Tire Industry: Porter's Five Forces Analysis
- Figure 75: Tire Industry: Profit Margins at Various Levels of the Supply Chain
List of Tables
- Table 1: Europe: Tire Market: Key Industry Highlights, 2022 and 2028
- Table 2: Europe: Tire Market Forecast: Breakup by Radial Vs Bias (in Million Units), 2023-2028
- Table 3: Europe: Tire Market Forecast: Breakup by End-Use (in Million Units), 2023-2028
- Table 4: Europe: Tire Market Forecast: Breakup by Vehicle Type (in Million Units), 2023-2028
- Table 5: Europe: Tire Market Forecast: Breakup by Size (in Million Units), 2023-2028
- Table 6: Europe: Tire Market Forecast: Breakup by Distribution Channel (in Million Units), 2023-2028
- Table 7: Europe: Tire Market Forecast: Breakup by Country (in Million Units), 2023-2028
- Table 8: Europe: Tire Market: Competitive Structure
- Table 9: Europe: Tire Market: Key Players
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