The global tire market is expected to grow at a CAGR of around 6.0% during 2024-2033. 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: 2023
Historical Period: 2019-2023
Forecast Period: 2024-2033
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
o Germany
o United Kingdom
o France
o Italy
o Spain
o Russia
o Netherlands
o Rest of Europe
• North America
o United States
o Canada
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o Indonesia
o Rest of Asia Pacific
• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
• Middle East & Africa
o Saudi Arabia
o Turkey
o Iran
o United Arab Emirates
o Rest of Middle East & Africa