Europe Tire Aftermarket, Tire Replacement Market Forecast 2022-2030

The Europe tire aftermarket, tire replacement market is estimated to propel with a 4.14% CAGR during the forecast years, 2022-2030. An increase in tire replacement rates due to longer vehicle lifespans and the thriving European automotive sector stimulate market growth in the region.

MARKET INSIGHTS

The Europe tire aftermarket, tire replacement market growth assessment entails a detailed analysis of Italy, Slovakia, United Kingdom, Spain, Germany, Czech Republic, France, and Rest of Europe. The Spanish economy relies heavily on the automotive sector. According to a government report, the automotive sector is one of the largest investors in research and development in Spain, spending an estimated €4 billion annually on plant expansion and modernization.

On the other hand, the automotive sector of France contributes a significant share of its GDP, and many companies, including vehicle makers, component makers, equipment makers, and engine manufacturers, are located in the country. Despite substantial growth in the new car market, the French automobile tire aftermarket industry has gradually developed. Additionally, as internet penetration grows, many e-commerce websites supply tires with enticing bargains and offers, which has had a favorable impact on the country's tire aftermarket.

In contrast, In Italy, growth in the aftermarket industry has been affected, as automobiles require new components and services to improve performance and economy. Due to booming replacement tire demand and rising car sales, the primary element driving demand for automotive tire aftermarkets in the nation.

COMPETITIVE INSIGHTS

Key companies in the market include: Bridgestone Corporation, JK Tyre & Industries, Continental AG, Goodyear Tires, etc.

Our report offerings include:

Explore key findings of the overall market

Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)

Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions

Market Segmentation caters to a thorough assessment of key segments with their market estimations

Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share

Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.

Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.

Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

Product Code: 49013

1. RESEARCH SCOPE & METHODOLOGY

1.1. STUDY OBJECTIVES
1.2. SCOPE OF STUDY
1.3. METHODOLOGY
1.4. ASSUMPTIONS & LIMITATIONS

2. EXECUTIVE SUMMARY

2.1. MARKET SIZE & ESTIMATES
2.2. MARKET OVERVIEW

3. MARKET DYNAMICS

3.1. KEY DRIVERS
- 3.1.1. GREATER REQUIREMENT FOR ENERGY-EFFICIENT TIRES
- 3.1.2. STRINGENT GOVERNMENT REGULATIONS REGARDING TIRE LABELING
3.2. KEY RESTRAINTS
- 3.2.1. VOLATILE PRICES OF RUBBER AND OTHER AUTOMOTIVE RAW MATERIALS

4. KEY ANALYTICS

4.1. IMPACT OF COVID-19 ON TIRE AFTERMARKET, TIRE REPLACEMENT MARKET
4.2. KEY MARKET TRENDS
4.3. PORTER'S FIVE FORCES ANALYSIS
- 4.3.1. BUYERS POWER
- 4.3.2. SUPPLIERS POWER
- 4.3.3. SUBSTITUTION
- 4.3.4. NEW ENTRANTS
- 4.3.5. INDUSTRY RIVALRY
4.4. OPPORTUNITY MATRIX
4.5. VENDOR LANDSCAPE
4.6. REGULATORY FRAMEWORK

5. MARKET BY TIRE TYPE

5.1. RADIAL TIRE
5.2. BIAS TIRE

6. MARKET BY RIM SIZE

6.1. 13-15 INCHES
6.2. 16-18 INCHES
6.3. 19-21 INCHES
6.4. MORE THAN 21 INCHES

7. MARKET BY DISTRIBUTION CHANNEL

7.1. ORIGINAL EQUIPMENT SUPPLIER
7.2. INDEPENDENT AFTERMARKET

8. GEOGRAPHICAL ANALYSIS

8.1. EUROPE
- 8.1.1. MARKET SIZE & ESTIMATES
- 8.1.2. KEY GROWTH ENABLERS
- 8.1.3. KEY CHALLENGES
- 8.1.4. KEY PLAYERS
- 8.1.5. COUNTRY ANALYSIS
  - 8.1.5.1. UNITED KINGDOM
  - 8.1.5.2. GERMANY
  - 8.1.5.3. FRANCE
  - 8.1.5.4. SPAIN
  - 8.1.5.5. ITALY
  - 8.1.5.6. SLOVAKIA
  - 8.1.5.7. CZECH REPUBLIC
  - 8.1.5.8. REST OF EUROPE

9. COMPETITIVE LANDSCAPE

9.1. KEY STRATEGIC DEVELOPMENTS
- 9.1.1. MERGERS & ACQUISITIONS
- 9.1.2. PRODUCT LAUNCHES & DEVELOPMENTS
- 9.1.3. PARTNERSHIPS & AGREEMENTS
- 9.1.4. BUSINESS EXPANSIONS & DIVESTITURES
9.2. COMPANY PROFILES
- 9.2.1. APOLLO TYRES
- 9.2.2. BRIDGESTONE CORPORATION
- 9.2.3. CEAT LIMITED
- 9.2.4. CONTINENTAL AG
- 9.2.5. GOODYEAR TIRES
- 9.2.6. HANKOOK TIRE & TECHNOLOGY CO LTD
- 9.2.7. JK TYRE
- 9.2.8. MAXXIS
- 9.2.9. MICHELIN
- 9.2.10. MRF
- 9.2.11. NEXEN TIRE CORPORATION
- 9.2.12. PIRELLI & C SPA
- 9.2.13. SUMITOMO RUBBER INDUSTRIES LTD
- 9.2.14. THE YOKOHAMA RUBBER COMPANY
- 9.2.15. TOYO TIRES

Product Code: 49013

LIST OF TABLES

TABLE 1: MARKET SNAPSHOT - TIRE AFTERMARKET, TIRE REPLACEMENT
TABLE 2: REGULATORY FRAMEWORK
TABLE 3: EUROPE TIRE AFTERMARKET, TIRE REPLACEMENT MARKET, BY TIRE TYPE, HISTORICAL YEARS, 2018-2021 (IN $ BILLION)
TABLE 4: EUROPE TIRE AFTERMARKET, TIRE REPLACEMENT MARKET, BY TIRE TYPE, FORECAST YEARS, 2022-2030 (IN $ BILLION)
TABLE 5: EUROPE TIRE AFTERMARKET, TIRE REPLACEMENT MARKET, BY RIM SIZE, HISTORICAL YEARS, 2018-2021 (IN $ BILLION)
TABLE 6: EUROPE TIRE AFTERMARKET, TIRE REPLACEMENT MARKET, BY RIM SIZE, FORECAST YEARS, 2022-2030 (IN $ BILLION)
TABLE 7: EUROPE TIRE AFTERMARKET, TIRE REPLACEMENT MARKET, BY DISTRIBUTION CHANNEL, HISTORICAL YEARS, 2018-2021 (IN $ BILLION)
TABLE 8: EUROPE TIRE AFTERMARKET, TIRE REPLACEMENT MARKET, BY DISTRIBUTION CHANNEL, FORECAST YEARS, 2022-2030 (IN $ BILLION)
TABLE 9: EUROPE TIRE AFTERMARKET, TIRE REPLACEMENT MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2021 (IN $ BILLION
TABLE 10: EUROPE TIRE AFTERMARKET, TIRE REPLACEMENT MARKET, BY COUNTRY, FORECAST YEARS, 2022-2030 (IN $ BILLION)
TABLE 11: LEADING PLAYERS OPERATING IN EUROPE TIRE AFTERMARKET, TIRE REPLACEMENT MARKET
TABLE 12: LIST OF MERGERS & ACQUISITIONS
TABLE 13: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS
TABLE 14: LIST OF PARTNERSHIPS & AGREEMENTS
TABLE 15: LIST OF BUSINESS EXPANSIONS & DIVESTITURES

LIST OF FIGURES

FIGURE 1: KEY MARKET TRENDS
FIGURE 2: PORTER'S FIVE FORCES ANALYSIS
FIGURE 3: OPPORTUNITY MATRIX
FIGURE 4: VENDOR LANDSCAPE
FIGURE 5: EUROPE TIRE AFTERMARKET, TIRE REPLACEMENT MARKET, GROWTH POTENTIAL, BY TIRE TYPE, IN 2021
FIGURE 6: EUROPE TIRE AFTERMARKET, TIRE REPLACEMENT MARKET, BY RADIAL TIRE, 2022-2030 (IN $ BILLION)
FIGURE 7: EUROPE TIRE AFTERMARKET, TIRE REPLACEMENT MARKET, BY BIAS TIRE, 2022-2030 (IN $ BILLION)
FIGURE 8: EUROPE TIRE AFTERMARKET, TIRE REPLACEMENT MARKET, GROWTH POTENTIAL, BY RIM SIZE, IN 2021
FIGURE 9: EUROPE TIRE AFTERMARKET, TIRE REPLACEMENT MARKET, BY 13-15 INCHES, 2022-2030 (IN $ BILLION)
FIGURE 10: EUROPE TIRE AFTERMARKET, TIRE REPLACEMENT MARKET, BY 16-18 INCHES, 2022-2030 (IN $ BILLION)
FIGURE 11: EUROPE TIRE AFTERMARKET, TIRE REPLACEMENT MARKET, BY 19-21 INCHES, 2022-2030 (IN $ BILLION)
FIGURE 12: EUROPE TIRE AFTERMARKET, TIRE REPLACEMENT MARKET, BY MORE THAN 21 INCHES, 2022-2030 (IN $ BILLION)
FIGURE 13: EUROPE TIRE AFTERMARKET, TIRE REPLACEMENT MARKET, GROWTH POTENTIAL, BY DISTRIBUTION CHANNEL, IN 2021
FIGURE 14: EUROPE TIRE AFTERMARKET, TIRE REPLACEMENT MARKET, BY ORIGINAL EQUIPMENT SUPPLIER, 2022-2030 (IN $ BILLION)
FIGURE 15: EUROPE TIRE AFTERMARKET, TIRE REPLACEMENT MARKET, BY INDEPENDENT AFTERMARKET, 2022-2030 (IN $ BILLION)
FIGURE 16: EUROPE TIRE AFTERMARKET, TIRE REPLACEMENT MARKET, COUNTRY OUTLOOK, 2021 & 2030 (IN %)
FIGURE 17: UNITED KINGDOM TIRE AFTERMARKET, TIRE REPLACEMENT MARKET, 2022-2030 (IN $ BILLION)
FIGURE 18: GERMANY TIRE AFTERMARKET, TIRE REPLACEMENT MARKET, 2022-2030 (IN $ BILLION)
FIGURE 19: FRANCE TIRE AFTERMARKET, TIRE REPLACEMENT MARKET, 2022-2030 (IN $ BILLION)
FIGURE 20: SPAIN TIRE AFTERMARKET, TIRE REPLACEMENT MARKET, 2022-2030 (IN $ BILLION)
FIGURE 21: ITALY TIRE AFTERMARKET, TIRE REPLACEMENT MARKET, 2022-2030 (IN $ BILLION)
FIGURE 22: SLOVAKIA TIRE AFTERMARKET, TIRE REPLACEMENT MARKET, 2022-2030 (IN $ BILLION)
FIGURE 23: CZECH REPUBLIC TIRE AFTERMARKET, TIRE REPLACEMENT MARKET, 2022-2030 (IN $ BILLION)
FIGURE 24: REST OF EUROPE TIRE AFTERMARKET, TIRE REPLACEMENT MARKET, 2022-2030 (IN $ BILLION)