Port & Industrial Tire Global Market Report 2025

Port and industrial tires encompass tires designed to deliver efficient performance for various machinery such as shuttle sprinter carriers, straddle carriers, reach stackers, container handlers, and similar equipment. These specialized industrial tires are specifically crafted for applications in ports and marinas that demand the handling of heavy loads and prolonged operational cycles.

The primary categories of port and industrial tires comprise solid tires, PU (polyurethane) tires, cushion tires, and pneumatic tires. Solid tires are constructed from rubber or another elastic material, offering load support without the need for confined air. These tires are highly cost-effective and possess a substantial loading capacity. They find application in various vehicles, including stacker trucks, lift trucks, terminal tractors, electric forklifts, IC engine forklifts, and IC engine industrial trucks, distributed through both OEM (Original Equipment Manufacturer) and aftermarket channels. Solid tires are employed across diverse applications, such as forklifts, large industrial trucks, hand trucks, pallet trucks, and dump trucks.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

The sharp rise in U.S. tariffs and ensuing trade tensions in spring 2025 are placing significant strain on the transport sector, especially in areas such as fleet maintenance and logistics. Increased duties on imported commercial vehicles, tires, and engine parts have driven up operating costs for trucking and freight firms, forcing them to either raise shipping rates or accept lower profit margins. Airlines and maritime operators are also under pressure, as tariffs on aircraft components and shipbuilding materials have pushed capital expenditures higher. Meanwhile, retaliatory tariffs in key export markets have weakened demand for U.S.-manufactured transportation equipment, further squeezing revenues. To cope, the industry is turning to fuel efficiency measures, alternative supply sources, and greater automation to manage rising costs while maintaining dependable service.

The port & industrial tire market research report is one of a series of new reports from The Business Research Company that provides port & industrial tire market statistics, including port & industrial tire industry global market size, regional shares, competitors with a port & industrial tire market share, detailed port & industrial tire market segments, market trends and opportunities, and any further data you may need to thrive in the port & industrial tire industry. This port & industrial tire market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The port & industrial tire market size has grown strongly in recent years. It will grow from $8.52 billion in 2024 to $8.98 billion in 2025 at a compound annual growth rate (CAGR) of 5.4%. The growth in the historic period can be attributed to global trade expansion, growing industrialization and infrastructure, automotive industry growth, supply chain optimization, replacement and maintenance cycles.

The port & industrial tire market size is expected to see strong growth in the next few years. It will grow to $11.54 billion in 2029 at a compound annual growth rate (CAGR) of 6.5%. The growth in the forecast period can be attributed to e-commerce expansion, focus on sustainability, automation in material handling, global infrastructure projects, trade and tariff policies, pandemic recovery. Major trends in the forecast period include global trade dynamics, technological advancements in tire design, automation and robotics in material handling, focus on safety and environmental standards, e-commerce growth and last-mile delivery.

The forecast of 6.5% growth over the next five years reflects a modest reduction of 1.0% from the previous estimate for this market.This reduction is primarily due to the impact of tariffs between the US and other countries. This is likely to directly affect the US through tariffs on heavy-duty tire compounds and casings primarily imported from Southeast Asia, impacting costs in cargo handling and industrial fleet operations.The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.

The rise in import and export activities is expected to drive the growth of the port and industrial tire market in the future. Exporting involves selling goods and services to foreign countries, while importing refers to acquiring products from abroad and bringing them into one's own country. Port and industrial tires are primarily utilized in material handling and the transfer of shipments within port areas, where robust tires are essential for global trade activities. For example, in August 2024, the Government of Canada reported that domestic exports in the pharmaceutical sector increased to 12.79 billion from 10.71 billion in 2021, while imports grew to 30.21 billion from 26.63 billion during the same period. This indicates growth in both exports and imports, reflecting an expanding pharmaceutical trade sector. Consequently, the increase in import and export activities is driving the growth of the port and industrial tire market.

The expected increase in port activity is poised to contribute to the growth of the port and industrial tire market. Port operations involve the use of various vehicles and equipment for the movement of goods and people, as well as the construction and maintenance of infrastructure. Port and industrial tires are essential for the operation of material handling equipment such as forklifts, reach stackers, and container handlers. These tires facilitate the efficient flow of cargo through ports, ensuring smooth loading and unloading processes. For instance, data from the Port of Los Angeles for Calendar Year 2022 and Fiscal Year 2021/22 revealed that the total goods handled in shipping containers reached 38.7 million twenty-foot equivalent units (TEUs), with 16% of those being loaded TEUs. Therefore, the increasing port activity is a driving force behind the growth of the port and industrial tire market.

A prominent trend in the port and industrial tire market is the focus on product innovation by major companies. These companies are actively developing new and innovative solutions to enhance their market position. For instance, in March 2022, The Goodyear Tire & Rubber Company introduced the Endurance RSA ULT and Fuel Max RSA ULT, specialized tires for last-mile delivery fleets and other commercial and industrial applications. The Fuel Max RSA ULT features Goodyear's Fuel Max Technology, providing low rolling resistance for increased fuel efficiency, longer wear, and a lower cost per mile. The Endurance RSA ULT incorporates IntelliMax Rib Technology, reinforcing tire tread for added durability during deliveries.

Leading companies in the port and industrial tire market are also focusing on innovative solutions, such as radial tires, to improve strength, performance, and efficiency. Radial tires have tire cords arranged perpendicularly, defining their construction. In April 2023, Bridgestone Americas, Inc. launched the V-Steel Port Container Straddle (VPCS) radial tire designed for straddle containers in intermodal yards and port terminals. This tire offers improved load capacity, speed rating, and durability for longer service life and more efficient operations, aiding port customers in increasing equipment operating hours.

In March 2022, The Yokohama Rubber Co., Ltd. announced the acquisition of Trelleborg AB's Wheel Systems business for an undisclosed amount. This acquisition is expected to help Yokohama Rubber expand its Off-Highway Tires (OHT) business, identified as a future growth driver. The deal will contribute to achieving a more optimal sales composition in Yokohama Rubber's tire division. Trelleborg AB is a Sweden-based producer of industrial tires.

Major companies operating in the port & industrial tire market include Continental AG, Cheng Shin Rubber Industry Co. Ltd., Camso Tire Inc., The Goodyear Tire and Rubber Company, Nokian Tyres PLC, Bridgestone Corporation, Balkrishna Industries Limited, Michelin & Cie Cie en Commandite par Actions, ATG Tires Inc., Firestone Tire and Rubber Company, Xuzhou Armor Rubber Company Limited, Maxxis International Co. Ltd., Sumitomo Rubber Industries Ltd., Titan Company Limited, Trelleborg AB, Advance Tire Co. Ltd., Hankook Tire & Rubber Co. Ltd., Cooper Tire & Rubber Company, Yokohama Rubber Co. Ltd., Pirelli & C. S.p.A., Toyo Tire & Rubber Co. Ltd., Kumho Tire Co. Inc., Giti Tire Co. Ltd., Linglong Tire Co. Ltd., Double Coin Holdings Ltd.

Asia-Pacific was the largest region in the port and industrial tires market in 2024. The regions covered in the port & industrial tire market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the port & industrial tire market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The port and industrial tire market consists of sales of rubber tires, radial tires, bias tires, and press-on-band tires. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Port & Industrial Tire Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on port & industrial tire market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for port & industrial tire ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The port & industrial tire market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include:

The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.

• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

• Markets Covered:1) By Tire Type: Solid Tire; PU Tires; Cushion Tires; Pneumatic Tires
• 2) By Vehicle Type: Stacker; Lift Truck; Terminal Tractor; Electric Forklift; IC Engine Forklift; IC Engine Industrial Trucks
• 3) By Sales Channel: OEM; Aftermarket
• 4) By Application: Forklift; Large Industrial Trucks; Hand Trucks; Pallet Trucks; Dump Trucks
• Subsegments:
• 1) By Solid Tire: Non-Marking Solid Tires; Heavy-Duty Solid Tires
• 2) By PU Tires (Polyurethane Tires): Standard PU Tires; Specialty PU Tires
• 3) By Cushion Tires: Rubber Cushion Tires; Foam-Filled Cushion Tires
• 4) By Pneumatic Tires: Industrial Pneumatic Tires; Forklift Pneumatic Tires
• Companies Mentioned: Continental AG; Cheng Shin Rubber Industry Co. Ltd.; Camso Tire Inc.; The Goodyear Tire and Rubber Company; Nokian Tyres PLC; Bridgestone Corporation; Balkrishna Industries Limited; Michelin & Cie Cie en Commandite par Actions; ATG Tires Inc.; Firestone Tire and Rubber Company; Xuzhou Armor Rubber Company Limited; Maxxis International Co. Ltd.; Sumitomo Rubber Industries Ltd.; Titan Company Limited; Trelleborg AB; Advance Tire Co. Ltd.; Hankook Tire & Rubber Co. Ltd.; Cooper Tire & Rubber Company; Yokohama Rubber Co. Ltd.; Pirelli & C. S.p.A.; Toyo Tire & Rubber Co. Ltd.; Kumho Tire Co. Inc.; Giti Tire Co. Ltd.; Linglong Tire Co. Ltd.; Double Coin Holdings Ltd.
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
• Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
• Delivery Format: PDF, Word and Excel Data Dashboard.