Tire Market: Global Market Size, Forecast, Insights, Segmentation, and Competitive Landscape with Impact of COVID-19 & Russia-Ukraine
The global tire market is expected to grow at a CAGR of around 5.8% during 2025-2034. This report on global tire market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global tire market by segmenting the market based on design, vehicle type, tube and tubeless, tire size, end use, distribution channel and region. Also, detailed profiles of companies operating in the tire market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.
Market Drivers
• Rising Automotive Industry
• Investments in Production of Tires
Market Challenges
• High Initial Costs
Historical & Forecast Period
Base Year: 2024
Historical Period: 2020-2024
Forecast Period: 2025-2034
Market by Design
• Radial Market
• Bias Market
Market by Vehicle Type
• Passenger Cars
• Light Commercial Vehicles
• Medium and Heavy Commercial Vehicles
• Two Wheelers
• Three Wheelers
• Off-The-Road (OTR)
Market by Tube and Tubeless Tires
• Tube Tires
• Tubeless Tires
Market by Tyre Size
• Small
• Medium
• Large
Market by End-Use
• OEM Market
• Replacement Market
Market by Distribution Channel
• Online
• Offline
Market by Region
• Europe
Germany
United Kingdom
France
Italy
Spain
Russia
Netherlands
Rest of Europe
• North America
United States
Canada
• Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Rest of Asia Pacific
• Latin America
Mexico
Brazil
Argentina
Rest of Latin America
• Middle East & Africa
Saudi Arabia
Turkey
Iran
United Arab Emirates
Rest of Middle East & Africa
- 1. Preface
- 1.1 Objective
- 1.2 Target Audience & Key Offerings
- 1.3 Report’s Scope
- 1.4 Research Methodology
- 1.4.1 Phase I
- 1.4.2 Phase II
- 1.4.3 Phase III
- 1.5 Assumptions
- 2. Key Insights
- 3. Global Tire Market
- 3.1. Introduction
- 3.2. Market Drivers
- 3.3. Market Challenges
- 4. Global Tire Market Analysis
- 4.1. Market Portraiture
- 4.2. Market Size
- 4.3. Market Forecast
- 4.4. Impact of COVID-19
- 4.5. Impact of Russia-Ukraine War
- 5. Global Tire Market by Design
- 5.1. Introduction
- 5.2. Radial Market
- 5.3. Bias Market
- 6. Global Tire Market by Vehicle Type
- 6.1. Introduction
- 6.2. Passenger Cars
- 6.3. Light Commercial Vehicles
- 6.4. Medium and Heavy Commercial Vehicles
- 6.5. Two Wheelers
- 6.6. Three Wheelers
- 6.7. Off-The-Road (OTR)
- 7. Global Tire Market by Tube and Tubeless Tires
- 7.1. Introduction
- 7.2. Tube Tires
- 7.3. Tubeless Tires
- 8. Global Tire Market by Tyre Size
- 8.1. Introduction
- 8.2. Small
- 8.3. Medium
- 8.4. Large
- 9. Global Tire Market by End-Use
- 9.1. Introduction
- 9.2. OEM Market
- 9.3. Replacement Market
- 10. Global Tire Market by Distribution Channel
- 10.1. Introduction
- 10.2. Online
- 10.3. Offline
- 11. Global Tire Market by Region
- 11.1. Introduction
- 11.2. Europe
- 11.2.1. Germany
- 11.2.2. United Kingdom
- 11.2.3. France
- 11.2.4. Italy
- 11.2.5. Spain
- 11.2.6. Russia
- 11.2.7. Netherlands
- 11.2.8. Rest of the Europe
- 11.3. North America
- 11.3.1. United States
- 11.3.2. Canada
- 11.4. Asia Pacific
- 11.4.1. China
- 11.4.2. Japan
- 11.4.3. India
- 11.4.4. South Korea
- 11.4.5. Australia
- 11.4.6. Indonesia
- 11.4.7. Rest of the Asia Pacific
- 11.5. Latin America
- 11.5.1. Mexico
- 11.5.2. Brazil
- 11.5.3. Argentina
- 11.5.4. Rest of Latin America
- 11.6. Middle East & Africa
- 11.6.1. Saudi Arabia
- 11.6.2. Turkey
- 11.6.3. Iran
- 11.6.4. United Arab Emirates
- 11.6.5. Rest of Middle East & Africa
- 12. SWOT Analysis
- 13. Porter’s Five Forces
- 14. Market Value Chain Analysis
- 15. Competitive Landscape
- 15.1. Competitive Scenario
- 15.2. Company Profiles
- 15.2.1. Bridgestone Corporation
- 15.2.2. Continental Reifen Deutschland GmbH
- 15.2.3. Hankook Tire and Technology Co., Ltd.
- 15.2.4. Kumho Tyre (Australia) Pty Ltd.
- 15.2.5. Maxxis International
- 15.2.6. MRF Limited
- 15.2.7. Pirelli Tyre S.p.A
- 15.2.8. Sumitomo Rubber Industries, Ltd
- 15.2.9. The Goodyear Tire and Rubber Company
- 15.2.10. The Michelin Group
- 15.2.11. Toyo Engineering Corporation
- 15.2.12. Yokohama Tire Corporation
- 15.2.13. Zhongce Rubber Group Co., Ltd.
- List of Figures
- Figure 1: Global Tire Market (in US$ Million), 2020-2024
- Figure 2: Global Tire Market by Design, 2024
- Figure 3: Global Tire Market by Vehicle Type, 2024
- Figure 4: Global Tire Market by Tube and Tubeless Tires, 2024
- Figure 5: Global Tire Market by Tyre Size, 2024
- Figure 6: Global Tire Market by End-Use, 2024
- Figure 7: Global Tire Market by Distribution Channel, 2024
- Figure 8: Global Tire Market by Region, 2024
- Figure 9: Global Tire Market (in US$ Million), 2025-2034
- Figure 10: Global Tire Market by Design (in %), 2024 & 2034
- Figure 11: Global Radial Tire Market (in US$ Million), 2020-2024
- Figure 12: Global Radial Tire Market (in US$ Million), 2025-2034
- Figure 13: Global Bias Tire Market (in US$ Million), 2020-2024
- Figure 14: Global Bias Tire Market (in US$ Million), 2025-2034
- Figure 15: Global Tire Market by Vehicle Type (in %), 2024 & 2034
- Figure 16: Global Passenger Cars Tire Market (in US$ Million), 2020-2024
- Figure 17: Global Passenger Cars Tire Market (in US$ Million), 2025-2034
- Figure 18: Global Light Commercial Vehicles Tire Market (in US$ Million), 2020-2024
- Figure 19: Global Light Commercial Vehicles Tire Market (in US$ Million), 2025-2034
- Figure 20: Global Medium and Heavy Commercial Vehicles Tire Market (in US$ Million), 2020-2024
- Figure 21: Global Medium and Heavy Commercial Vehicles Tire Market (in US$ Million), 2025-2034
- Figure 22: Global Two Wheelers Tire Market (in US$ Million), 2020-2024
- Figure 23: Global Two Wheelers Tire Market (in US$ Million), 2025-2034
- Figure 24: Global Three Wheelers Tire Market (in US$ Million), 2020-2024
- Figure 25: Global Three Wheelers Tire Market (in US$ Million), 2025-2034
- Figure 26: Global Off-The-Road (OTR) Tire Market (in US$ Million), 2020-2024
- Figure 27: Global Off-The-Road (OTR) Tire Market (in US$ Million), 2025-2034
- Figure 28: Global Tire Market by Tube and Tubeless Tires (in %), 2024 & 2034
- Figure 29: Global Tube Tires Tire Market (in US$ Million), 2020-2024
- Figure 30: Global Tube Tires Tire Market (in US$ Million), 2025-2034
- Figure 31: Global Tubeless Tires Tire Market (in US$ Million), 2020-2024
- Figure 32: Global Tubeless Tires Tire Market (in US$ Million), 2025-2034
- Figure 33: Global Tire Market by Tire Size (in %), 2024 & 2034
- Figure 34: Global Small Tire Market (in US$ Million), 2020-2024
- Figure 35: Global Small Tire Market (in US$ Million), 2025-2034
- Figure 36: Global Medium Tire Market (in US$ Million), 2020-2024
- Figure 37: Global Medium Tire Market (in US$ Million), 2025-2034
- Figure 38: Global Large Tire Market (in US$ Million), 2020-2024
- Figure 39: Global Large Tire Market (in US$ Million), 2025-2034
- Figure 40: Global Tire Market by End-Use (in %), 2024 & 2034
- Figure 41: Global OEM Tire Market (in US$ Million), 2020-2024
- Figure 42: Global OEM Tire Market (in US$ Million), 2025-2034
- Figure 43: Global Replacement Tire Market (in US$ Million), 2020-2024
- Figure 44: Global Replacement Tire Market (in US$ Million), 2025-2034
- Figure 45: Global Tire Market by Distribution Channel (in %), 2024 & 2034
- Figure 46: Global Online Tire Market (in US$ Million), 2020-2024
- Figure 47: Global Online Tire Market (in US$ Million), 2025-2034
- Figure 48: Global Offline Torch Market (in US$ Million), 2020-2024
- Figure 49: Global Offline Torch Market (in US$ Million), 2025-2034
- Figure 50: Global Tire Market by Region (in %), 2024 & 2034
- Figure 51: Europe Tire Market (in US$ Million), 2020-2024
- Figure 52: Europe Tire Market (in US$ Million), 2025-2034
- Figure 53: Europe Tire Market by Country (in %), 2024 & 2034
- Figure 54: Germany Tire Market (in US$ Million), 2020-2034
- Figure 55: United Kingdom Tire Market (in US$ Million), 2020-2034
- Figure 56: France Tire Market (in US$ Million), 2020-2034
- Figure 57: Italy Tire Market (in US$ Million), 2020-2034
- Figure 58: Spain Tire Market (in US$ Million), 2020-2034
- Figure 59: Russia Tire Market (in US$ Million), 2020-2034
- Figure 60: Netherlands Tire Market (in US$ Million), 2020-2034
- Figure 61: North America Tire Market (in US$ Million), 2020-2024
- Figure 62: North America Tire Market (in US$ Million), 2025-2034
- Figure 63: North America Tire Market by Country (in %), 2024 & 2034
- Figure 64: United States Tire Market (in US$ Million), 2020-2034
- Figure 65: Canada Tire Market (in US$ Million), 2020-2034
- Figure 66: Asia Pacific Tire Market (in US$ Million), 2020-2024
- Figure 67: Asia Pacific Tire Market (in US$ Million), 2025-2034
- Figure 68: Asia Pacific Tire Market by Country (in %), 2024 & 2034
- Figure 69: China Tire Market (in US$ Million), 2020-2034
- Figure 70: Japan Tire Market (in US$ Million), 2020-2034
- Figure 71: India Tire Market (in US$ Million), 2020-2034
- Figure 72: South Korea Tire Market (in US$ Million), 2020-2034
- Figure 73: Australia Tire Market (in US$ Million), 2020-2034
- Figure 74: Indonesia Tire Market (in US$ Million), 2020-2034
- Figure 75: Latin America Tire Market (in US$ Million), 2020-2024
- Figure 76: Latin America Tire Market (in US$ Million), 2025-2034
- Figure 77: Latin America Tire Market by Country (in %), 2024 & 2034
- Figure 78: Mexico Tire Market (in US$ Million), 2020-2034
- Figure 79: Brazil Tire Market (in US$ Million), 2020-2034
- Figure 80: Argentina Tire Market (in US$ Million), 2020-2034
- Figure 81: Middle East & Africa Tire Market (in US$ Million), 2020-2024
- Figure 82: Middle East & Africa Tire Market (in US$ Million), 2025-2034
- Figure 83: Middle East & Africa Tire Market by Country (in %), 2024 & 2034
- Figure 84: Saudi Arabia Tire Market (in US$ Million), 2020-2034
- Figure 85: Turkey Tire Market (in US$ Million), 2020-2034
- Figure 86: Iran Tire Market (in US$ Million), 2020-2034
- Figure 87: UAE Tire Market (in US$ Million), 2020-2034
- Figure 88: Market Value Chain
- List of Tables
- Table 1: Global Tire Market Portraiture
- Table 2: Global Tire Market by Design (in US$ Million), 2024 & 2034
- Table 3: Global Tire Market by Vehicle Type (in US$ Million), 2024 & 2034
- Table 4: Global Tire Market by Tube and Tubeless Tires (in US$ Million), 2024 & 2034
- Table 5: Global Tire Market by Tire Size (in US$ Million), 2024 & 2034
- Table 6: Global Tire Market by End-Use (in US$ Million), 2024 & 2034
- Table 7: Global Tire Market by Distribution Channel (in US$ Million), 2024 & 2034
- Table 8: Global Tire Market by Region (in US$ Million), 2024 & 2034
- Table 9: Europe Tire Market by Country (in US$ Million), 2024 & 2034
- Table 10: North America Tire Market by Country (in US$ Million), 2024 & 2034
- Table 11: Asia Pacific Tire Market by Country (in US$ Million), 2024 & 2034
- Table 12: Latin America Tire Market by Country (in US$ Million), 2024 & 2034
- Table 13: Middle East & Africa Tire Market by Country (in US$ Million),
- 2024 & 2034
- Table 14: List of Key Players
Research Assistance
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