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Tires Market By Vehicle Type (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles, Two-Wheelers, Off-The-Road Vehicles); By Tire Type (Radial Tires, Bias Tires); By Product Category (OEM Tires, Replacement Tires); By Rim Size (Up To 12 Inches, 13–15 Inches, 16–18 Inches, 19–21 Inches, Above 21 Inches); By Season (Summer Tires, Winter Tires, All-Season Tires); By Distribution Channel (OEM Channel, Tire Dealers And Retail Chains, Online Sales Channels, Supermarkets And Hypermarkets) – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032

Name: Tires Market - Demand, Size and Competitive Analysis
Creator: Credence Research Inc.
Published: 2026-01-08
License: https://www.credenceresearch.com/info/privacy-policy
Keywords: Tires Market

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Market Overview:

The Global Tires Market size was valued at USD 152.04 billion in 2018 to USD 207.07 billion in 2024 and is anticipated to reach USD 308.03 billion by 2032, at a CAGR of 4.74% during the forecast period.

REPORT ATTRIBUTE	DETAILS
Historical Period	2020-2023
Base Year	2024
Forecast Period	2025-2032
Tires Market Size 2024	USD 207.07 billion
Tires Market, CAGR	4.74%
Tires Market Size 2032	USD 308.03 billion

The market grows due to steady vehicle production across passenger and commercial segments. Rising urban travel increases tire replacement cycles in daily use vehicles. Fleet operators focus on safety and fuel efficiency, boosting demand for advanced tires. Growth in electric vehicles supports demand for low-rolling-resistance tires. Infrastructure expansion raises freight movement and heavy-duty tire use. Consumers show higher preference for premium and all-season tires. Strict safety rules push regular tire replacement. Improved retail networks increase product reach. Technology advances enhance durability and mileage performance.

Asia Pacific leads the market due to strong vehicle manufacturing and large vehicle fleets. China and India drive volume demand from passenger and commercial vehicles. North America remains strong due to high replacement rates and premium tire adoption. Europe shows stable demand supported by safety standards and winter tire usage. Southeast Asia emerges with rising vehicle ownership and road projects. Latin America shows gradual growth as mobility improves. The Middle East and Africa gain traction from logistics expansion and off-road vehicle demand.

Tires Market Size

Market Insights:

The Global Tires Market was valued at USD 152.04 billion in 2018, reached USD 207.07 billion in 2024, and is projected to hit USD 308.03 billion by 2032, growing at a CAGR of 4.74%, supported by steady vehicle usage and replacement demand.
Asia Pacific leads with about 49% share, driven by high vehicle production and two-wheeler volumes, followed by North America at nearly 28% due to strong replacement cycles, and Europe at around 15% supported by safety norms and seasonal tire usage.
Asia Pacific remains the fastest-growing region with nearly 49% share, supported by rising urbanization, expanding logistics fleets, and growing personal mobility across China, India, and Southeast Asia.
Radial tires account for the dominant segment share at roughly 75%, reflecting preference for fuel efficiency, longer tread life, and wide adoption across passenger and commercial vehicles.
Bias tires hold close to 25% share, supported by use in off-the-road, agricultural, and industrial vehicles where load strength and rugged performance remain critical.

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Market Drivers:

Rising Global Vehicle Production Across Passenger And Commercial Segments

Vehicle production growth supports steady tire demand across regions. Passenger cars drive high-volume tire consumption worldwide. Commercial vehicles require durable tires for long-distance operations. The Global Tires Market benefits from expanding logistics fleets. Urban mobility growth increases daily vehicle usage. Higher mileage accelerates tire wear cycles. Automakers maintain stable output despite economic shifts. This pattern sustains original equipment demand. Replacement demand remains strong across mature markets.

Expansion Of Road Infrastructure And Freight Transportation Networks

Road infrastructure expansion boosts vehicle movement across regions. Freight transport relies on trucks with frequent tire replacement needs. Highway projects increase long-haul transport activity. Construction vehicles require heavy-duty tire solutions. Fleet operators prioritize tire reliability and load capacity. Tire makers align products with road quality variations. Public infrastructure spending supports sustained vehicle usage. This driver strengthens demand across commercial segments.

For instance, DHL Group operates a global delivery fleet where over 40% approximately 39,100 vehicles as of early 2025 are electric, part of a broader strategy to increase the share of electric vehicles in its pick-up and delivery fleet to 66% by 2030.

Growing Focus On Vehicle Safety And Regulatory Compliance Standards

Safety rules influence regular tire inspection and replacement cycles. Regulators enforce tread depth and performance standards. Vehicle owners replace tires earlier to meet safety norms. The Global Tires Market aligns with stricter compliance needs. OEMs integrate approved tires to meet certification rules. Consumer awareness of road safety continues to rise. Insurance norms also support timely tire replacement. These factors support consistent aftermarket demand.

Increasing Consumer Preference For Personal Mobility And Car Ownership

Personal mobility demand remains strong in developing economies. Rising income levels support first-time vehicle purchases. Urban commuters prefer private transport for convenience. This trend supports steady tire sales growth. Used vehicle markets also expand replacement demand. Shared mobility still requires frequent tire changes. Seasonal travel patterns increase wear intensity. This behavior sustains long-term tire consumption.

Market Trends:

Shift Toward Premium Tires With Enhanced Performance Characteristics

Consumers show higher interest in premium tire categories. Performance features attract buyers in urban markets. Tire brands focus on comfort and noise reduction. The Global Tires Market reflects growing value-based purchasing. Buyers seek longer tread life and stability. Premium segments gain share in replacement markets. Brand trust plays a strong role in selection. Retailers promote value-added tire features actively.

For instance, Michelin states its premium tire ranges deliver up to 20% longer tread life through advanced silica compound technology.

Growing Adoption Of Tires Designed For Electric And Hybrid Vehicles

Electric vehicles require tires with lower rolling resistance. Manufacturers design tires to support battery efficiency. Noise reduction remains a key product focus. Weight optimization also gains importance for EV tires. This trend differs from traditional vehicle demand drivers. OEM partnerships support early adoption of EV-specific tires. Technology refinement improves product acceptance. EV growth supports niche but rising tire demand.

For instance, Continental reports its EcoContact 6 tire reduces rolling resistance by about 15%, helping extend electric vehicle driving range under standardized testing.

Rising Demand For All-Season And Climate-Adaptive Tire Solutions

Weather variability increases demand for versatile tire options. All-season tires reduce the need for multiple sets. Consumers value convenience and year-round usability. Tire makers invest in adaptable tread designs. The Global Tires Market reflects climate-driven buying behavior. Regions with mild winters favor all-season products. Retailers educate buyers on performance balance. This trend reshapes product mix strategies.

Expansion Of Organized Tire Retail And Digital Sales Channels

Organized retail chains expand service reach and trust. Online platforms simplify tire selection and comparison. Digital tools support fitment accuracy and pricing clarity. Consumers prefer transparent purchase experiences. Installation partnerships strengthen online sales growth. Brands invest in direct-to-consumer platforms. This trend improves market accessibility. Distribution efficiency continues to improve steadily.

Market Challenges Analysis:

Volatility In Raw Material Prices And Supply Chain Uncertainty

Tire manufacturing depends on rubber and petrochemical inputs. Price volatility affects cost planning for producers. Supply chain disruptions impact timely raw material sourcing. The Global Tires Market faces margin pressure from cost swings. Manufacturers struggle to pass costs to buyers quickly. Long-term contracts limit short-term price flexibility. Inventory management becomes complex during fluctuations. This challenge affects both OEM and aftermarket segments.

Environmental Regulations And Disposal Concerns For End-Of-Life Tires

Environmental rules tighten waste management requirements. Tire disposal creates regulatory and compliance burdens. Recycling infrastructure remains uneven across regions. Manufacturers face higher compliance and processing costs. Public scrutiny of environmental impact continues to rise. Sustainable disposal methods require capital investment. Smaller players face higher operational strain. This challenge influences long-term industry practices.

Market Opportunities:

Growth Potential In Emerging Automotive Markets And Untapped Regions

Emerging economies show rising vehicle ownership rates. Road development supports wider vehicle usage. The Global Tires Market can expand through local production. Affordable tire models suit cost-sensitive buyers. Distribution expansion improves rural market access. Partnerships with regional dealers enhance penetration. Aftermarket demand grows with vehicle aging. These regions offer long-term volume potential.

Advancement In Sustainable And High-Performance Tire Technologies

Sustainable materials create new product differentiation paths. Manufacturers invest in recyclable and low-impact tires. High-performance designs attract premium buyers. Technology innovation supports longer tire life cycles. OEM collaboration accelerates product adoption. Smart tire concepts improve monitoring and safety. These innovations open new revenue streams. Future demand favors advanced and sustainable solutions.

Market Segmentation Analysis:

By Vehicle Type

Passenger cars account for the largest tire demand due to high ownership levels. Light commercial vehicles support steady replacement cycles in urban logistics. Heavy commercial vehicles require durable tires for long-haul operations. Two-wheelers drive volume demand in cost-sensitive markets. Off-the-road vehicles serve construction, mining, and agriculture needs. Each vehicle class demands distinct load and durability features. Product design aligns closely with usage intensity. This segmentation shapes production priorities.

For instance, Bajaj Auto sold approximately 3.44 million two-wheelers in FY2023, supporting sustained demand for motorcycle tires in emerging markets. The figure was precisely 3,442,839 units across both domestic and export markets, a 10% decline from the previous fiscal year.

By Tire Type

Radial tires dominate due to fuel efficiency and longer tread life. Bias tires retain relevance in off-road and industrial use. Radial designs suit passenger and commercial fleets. Bias structures support heavy loads on rough terrain. Manufacturers balance cost and performance across both types. Technology upgrades favor radial adoption. Regional usage patterns guide product mix. This split defines material selection.

For instance, Bridgestone reports radial tires deliver up to 10% lower rolling resistance compared to bias tires, improving fleet fuel efficiency.

By Product Category

OEM tires depend on vehicle production trends. Replacement tires generate stable recurring demand. Vehicle aging supports aftermarket growth. The Global Tires Market relies on replacement cycles for volume stability. OEM partnerships support brand positioning. Replacement buyers value durability and price balance. Distribution reach influences category performance. Both segments sustain revenue flow.

By Rim Size

Up to 12 inches serve two-wheelers and compact vehicles. 13–15 inches dominate mass passenger cars. 16–18 inches support SUVs and premium sedans. 19–21 inches address high-performance vehicles. Above 21 inches target specialty and off-road use. Rim size reflects vehicle design evolution. Premiumization lifts larger rim demand. This segment guides capacity planning.

By Season

Summer tires lead in warm climates. Winter tires remain essential in cold regions. All-season tires gain traction for convenience. Buyers prefer year-round usability. Climate variability shapes seasonal demand. Retail guidance influences selection. Performance balance drives adoption. Seasonality affects inventory planning.

By Distribution Channel

OEM channels secure factory-fit volumes. Tire dealers and retail chains dominate replacement sales. Online channels grow through convenience and price transparency. Supermarkets serve budget buyers in select regions. Channel mix affects brand visibility. Service support strengthens offline sales. Digital tools enhance buyer confidence. Distribution strategy drives market reach.

Tires Market Trends

Segmentation:

By Vehicle Type

Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles
Two-Wheelers
Off-The-Road Vehicles

By Tire Type

Radial Tires
Bias Tires

By Product Category

OEM Tires
Replacement Tires

By Rim Size

Up To 12 Inches
13–15 Inches
16–18 Inches
19–21 Inches
Above 21 Inches

By Season

Summer Tires
Winter Tires
All-Season Tires

By Distribution Channel

OEM Channel
Tire Dealers And Retail Chains
Online Sales Channels
Supermarkets And Hypermarkets

By Region

North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- South Korea
- South-east Asia
- Rest of Asia Pacific
Latin America
- Brazil
- Argentina
- Rest of Latin America
Middle East & Africa
- GCC Countries
- South Africa
- Rest of the Middle East and Africa

Regional Analysis:

North America

The North America Global Tires Market size was valued at USD 43.56 billion in 2018 to USD 58.39 billion in 2024 and is anticipated to reach USD 87.23 billion by 2032, at a CAGR of 4.8% during the forecast period. North America accounts for nearly 28% share of the global market by 2032. High vehicle ownership supports steady replacement demand. Pickup trucks and SUVs drive larger rim size adoption. Strong highway freight activity sustains commercial tire demand. Safety standards encourage timely tire replacement. Premium tire penetration remains high. Organized retail networks improve access. Technology-focused consumers support advanced tire adoption.

Europe

The Europe Global Tires Market size was valued at USD 26.81 billion in 2018 to USD 34.40 billion in 2024 and is anticipated to reach USD 46.24 billion by 2032, at a CAGR of 3.4% during the forecast period. Europe contributes about 15% of the global market share. Passenger cars dominate regional demand patterns. Seasonal tire regulations support winter tire usage. Strong focus on safety and performance influences buying behavior. Replacement cycles remain stable across mature economies. Premium and all-season tires gain acceptance. Environmental norms shape product development. OEM demand stays consistent.

Asia Pacific

The Asia Pacific Global Tires Market size was valued at USD 67.89 billion in 2018 to USD 95.81 billion in 2024 and is anticipated to reach USD 151.03 billion by 2032, at a CAGR of 5.5% during the forecast period. Asia Pacific holds the largest share at nearly 49% by 2032. High vehicle production drives OEM demand. Two-wheelers generate large volume sales. Expanding logistics fleets support commercial tire demand. Urbanization increases personal mobility needs. Replacement demand grows with vehicle aging. Local manufacturing improves cost efficiency. Emerging economies fuel long-term growth.

Latin America

The Latin America Global Tires Market size was valued at USD 7.18 billion in 2018 to USD 9.66 billion in 2024 and is anticipated to reach USD 12.72 billion by 2032, at a CAGR of 3.1% during the forecast period. Latin America represents about 4% of global market share. Passenger vehicles lead regional consumption. Road infrastructure upgrades support vehicle usage. Replacement demand remains the primary revenue source. Price sensitivity influences buying decisions. Local production supports supply stability. Import dependence shapes pricing trends. Growth remains gradual but steady.

Middle East

The Middle East Global Tires Market size was valued at USD 4.31 billion in 2018 to USD 5.37 billion in 2024 and is anticipated to reach USD 6.76 billion by 2032, at a CAGR of 2.5% during the forecast period. The region holds nearly 2% of global share. High SUV usage drives demand for durable tires. Extreme climate conditions affect wear rates. Construction activity supports off-the-road tire demand. Replacement cycles remain frequent. Import reliance influences market pricing. Fleet expansion supports commercial demand. Market growth stays moderate.

Africa

The Africa Global Tires Market size was valued at USD 2.28 billion in 2018 to USD 3.44 billion in 2024 and is anticipated to reach USD 4.05 billion by 2032, at a CAGR of 1.7% during the forecast period. Africa contributes around 1% of the global market. Used vehicle imports shape replacement demand. Road conditions increase tire wear frequency. Cost-focused buying dominates consumer behavior. Commercial transport supports steady demand. Distribution networks remain fragmented. Local production remains limited. Long-term potential exists with infrastructure development.

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Key Player Analysis:

Michelin Group
Bridgestone Corporation
Goodyear Tire & Rubber Company
Continental AG
Pirelli & C. S.p.A

Competitive Analysis:

The Global Tires Market features strong competition among multinational and regional manufacturers. Leading players compete on product quality, durability, and brand trust. It reflects high entry barriers due to capital-intensive manufacturing and scale needs. Major companies maintain broad product portfolios across vehicle segments. OEM partnerships remain a critical competitive lever. Replacement market presence supports long-term revenue stability. Technology differentiation strengthens premium positioning. Geographic expansion helps firms balance regional demand cycles. Strategic investments focus on efficiency and sustainability.

Recent Developments:

Gemspring Capital Management, LLC completed the acquisition of Goodyear’s Polymer Chemicals Business on November 3, 2025. The transaction included two manufacturing plants in Houston and Beaumont, Texas, as well as a research and development facility in Akron, Ohio. The Polymer Chemical Business is a leading producer of synthetic rubber serving major tire manufacturers and diverse end markets including food, medical, sporting goods, thermoset plastics, adhesives, and packaging sectors. Goodyear retained its chemical facilities in Niagara Falls, New York, and Bayport, Texas, positioning itself to focus on core tire operations while unlocking standalone growth potential for the polymer chemicals segment under new private equity ownership.
Pirelli launched the Cinturato Winter 3, a high-performance winter tire for sedans and crossovers, on October 7, 2025. The tire was developed using advanced virtual development techniques and independent testing by Dekra and TÜV, which verified superior snow and wet performance characteristics. The Cinturato Winter 3 features an optimized tread pattern with a central zig-zag channel for improved water evacuation, optimized sipes, and Snow Keeper Teeth on the blocks for enhanced snow-on-snow grip. The development process reconciled historically opposing performance characteristics through sophisticated simulation methodologies, reducing the need for physical prototypes while achieving more precise engineering results and minimizing development timelines.
The Goodyear Tire & Rubber Company announced on October 22, 2025, the launch of three new all-terrain tires designed to meet diverse consumer demands across multiple vehicle segments and usage conditions. The Wrangler Outbound AT targets adventure-ready SUVs and light trucks, featuring DuPont Kevlar reinforcement for enhanced durability and a 65,000-mile tread life limited warranty. This tire combines aggressive traction on dirt and gravel with refined on-road comfort. The Wrangler Workhorse AT 2 is engineered for commercial and heavy-use applications, offering improved wet-weather grip with a Three-Peak Mountain Snowflake winter designation and 55,000-mile tread life warranty. Finally, the Wrangler ElectricDrive AT is specifically designed for electric SUVs and pickup trucks, incorporating Aramid-reinforced sidewalls, a low-rolling-resistance compound to preserve driving range, Arctic Grip Crystals for ice performance, and the Green Trace compound with recycled and renewable materials. The new lineup strengthens Goodyear’s competitive position in the rapidly growing all-terrain tire segment.

Report Coverage:

The research report offers an in-depth analysis based on By Vehicle Type, By Tire Type, By Product Category, By Rim Size, By Season, and By Distribution Channel segments. It details leading market players, providing an overview of their business, product offerings, investments, revenue streams, and key applications. Additionally, the report includes insights into the competitive environment, SWOT analysis, current market trends, as well as the primary drivers and constraints. Furthermore, it discusses various factors that have driven market expansion in recent years. The report also explores market dynamics, regulatory scenarios, and technological advancements that are shaping the industry. It assesses the impact of external factors and global economic changes on market growth. Lastly, it provides strategic recommendations for new entrants and established companies to navigate the complexities of the market.

Future Outlook:

Vehicle parc expansion will continue to support stable replacement tire demand across regions.
Premium tire adoption will increase as consumers prioritize comfort, safety, and durability.
Electric vehicle growth will drive demand for low-noise and low-rolling-resistance tires.
Asia Pacific will remain the primary growth engine due to rising vehicle ownership.
Digital sales platforms will improve access and pricing transparency for buyers.
Sustainability goals will influence tire materials and production processes.
Fleet expansion will sustain demand for commercial and heavy-duty tires.
Larger rim sizes will gain wider acceptance with increasing SUV penetration.
Organized retail networks will strengthen aftermarket distribution efficiency.
Continuous product innovation will support long-term competitiveness and margin stability.

Table of Content

Chapter No. 1 :………. Introduction.. 31

1.1. Report Description. 31

Purpose of the Report 31

USP & Key Offerings. 31

1.2. Key Benefits for Stakeholders. 32

1.3. Target Audience. 32

Chapter No. 2 :………. Executive Summary. 33

Chapter No. 3 :………. TIRES MARKET FORCES & INDUSTRY PULSE. 35

3.1. Foundations of Change – Market Overview.. 35

3.2. Catalysts of Expansion – Key Market Drivers. 37

3.2.1. Momentum Boosters – Growth Triggers. 38

3.2.2. Innovation Fuel – Disruptive Technologies. 38

3.3. Headwinds & Crosswinds – Market Restraints. 39

3.3.1. Regulatory Tides – Compliance Challenges. 40

3.3.2. Economic Frictions – Inflationary Pressures. 40

3.4. Untapped Horizons – Growth Potential & Opportunities and Strategic Navigation – Industry Frameworks. 41

3.5. Market Equilibrium – Porter’s Five Forces. 42

3.6. Ecosystem Dynamics – Value Chain Analysis. 44

3.7. Macro Forces – PESTEL Breakdown. 46

3.8. Price Trend Analysis. 48

3.8.1. Regional Price Trend. 49

3.8.2. Price Trend by Type. 49

3.9. Buying Criteria 50

3.10. Import Analysis 51

3.10.1. Global Tires Market Import Volume (Units), By Region, 2018 – 2024. 51

3.11. Export Analysis 52

3.11.1. Global Tires Market Export Volume (Units), By Region, 2018 – 2024. 52

3.12. Production Analysis. 53

3.12.1. Global Tires Market Production, By Region, 2018 – 2024. 53

3.13. Demand Analysis. 54

3.13.1. Global Tires Market Demand Volume, By Region, 2018 – 2024. 54

3.14. Supply Analysis by Global 55

3.14.1. Global Tires Market Supply Volume, By Region, 2018 – 2024. 55

Chapter No. 4 :………. COMPETITION ANALYSIS. 56

4.1. Company Market Share Analysis. 56

4.1.1. Global Tires Market Company Volume Market Share. 56

4.1.2. Global Tires Market Company Revenue Market Share. 58

4.2. Strategic Developments. 60

4.2.1. Acquisitions & Mergers. 60

4.2.2. New Vehicle Type Launch. 61

4.2.3. Agreements & Collaborations. 62

4.3. Competitive Dashboard. 63

4.4. Company Assessment Metrics, 2024. 64

Chapter No. 5 :………. Global Market Analysis, Insights & Forecast, by Vehicle Type. 65

Chapter No. 6 :………. Global Market Analysis, Insights & Forecast, by Tire Type. 70

Chapter No. 7 :………. Global Market Analysis, Insights & Forecast, by Product Category. 75

Chapter No. 8 :………. Global Market Analysis, Insights & Forecast, by Rim Size. 80

Chapter No. 9 :………. Global Market Analysis, Insights & Forecast, by Season.. 85

Chapter No. 10 :…….. Global Market Analysis, Insights & Forecast, by Distribution Channel. 89

Chapter No. 11 :…….. Global Market Analysis, Insights & Forecast, by Region.. 94

Chapter No. 12 :…….. North America Market Analysis, Insights & Forecast, by Country. 101

12.1. North America Market Analysis, Insights & Forecast, by Vehicle Type. 104

12.2. North America Market Analysis, Insights & Forecast, by Tire Type. 106

12.3. North America Market Analysis, Insights & Forecast, by Product Category. 108

12.4. North America Market Analysis, Insights & Forecast, by Rim Size. 110

12.5. North America Market Analysis, Insights & Forecast, by Season. 113

12.6. North America Market Analysis, Insights & Forecast, by Distribution Channel 115

Chapter No. 13 :…….. Europe Market Analysis, Insights & Forecast, by Country. 117

13.1. Europe Market Analysis, Insights & Forecast, by Vehicle Type. 122

13.2. Europe Market Analysis, Insights & Forecast, by Tire Type. 124

13.3. Europe Market Analysis, Insights & Forecast, by Product Category. 126

13.4. Europe Market Analysis, Insights & Forecast, by Rim Size. 128

13.5. Europe Market Analysis, Insights & Forecast, by Season. 130

13.6. Europe Market Analysis, Insights & Forecast, by Distribution Channel 132

Chapter No. 14 :…….. Asia Pacific Market Analysis, Insights & Forecast, by Country. 134

14.1. Asia Pacific Market Analysis, Insights & Forecast, by Vehicle Type. 139

14.2. Asia Pacific Market Analysis, Insights & Forecast, by Tire Type. 141

14.3. Asia Pacific Market Analysis, Insights & Forecast, by Product Category. 143

14.4. Asia Pacific Market Analysis, Insights & Forecast, by Rim Size. 145

14.5. Asia Pacific Market Analysis, Insights & Forecast, by Season. 147

14.6. Asia Pacific Market Analysis, Insights & Forecast, by Distribution Channel 149

Chapter No. 15 :…….. Latin America Market Analysis, Insights & Forecast, by Country. 151

15.1. Latin America Market Analysis, Insights & Forecast, by Vehicle Type. 156

15.2. Latin America Market Analysis, Insights & Forecast, by Tire Type. 158

15.3. Latin America Market Analysis, Insights & Forecast, by Product Category. 160

15.4. Latin America Market Analysis, Insights & Forecast, by Rim Size. 162

15.5. Latin America Market Analysis, Insights & Forecast, by Season. 164

15.6. Latin America Market Analysis, Insights & Forecast, by Distribution Channel 166

Chapter No. 16 :…….. Middle East Market Analysis, Insights & Forecast, by Country. 168

16.1. Middle East Market Analysis, Insights & Forecast, by Vehicle Type. 173

16.2. Middle East Market Analysis, Insights & Forecast, by Tire Type. 175

16.3. Middle East Market Analysis, Insights & Forecast, by Product Category. 177

16.4. Middle East Market Analysis, Insights & Forecast, by Rim Size. 179

16.5. Middle East Market Analysis, Insights & Forecast, by Season. 181

16.6. Middle East Market Analysis, Insights & Forecast, by Distribution Channel 183

Chapter No. 17 :…….. Africa Market Analysis, Insights & Forecast, by Country. 185

17.1. Africa Market Analysis, Insights & Forecast, by Vehicle Type. 190

17.2. Africa Market Analysis, Insights & Forecast, by Tire Type. 192

17.3. Africa Market Analysis, Insights & Forecast, by Product Category. 194

17.4. Africa Market Analysis, Insights & Forecast, by Rim Size. 196

17.5. Africa Market Analysis, Insights & Forecast, by Season. 198

17.6. Africa Market Analysis, Insights & Forecast, by Distribution Channel 200

Chapter No. 18 :…….. Company Profile. 202

18.1. Michelin Group 202

18.2. Bridgestone Corporation. 205

18.3. Goodyear Tire & Rubber Company. 205

18.4. Continental AG 205

18.5. Pirelli & C. S.p.A 205

18.6. Company 6 205

18.7. Company 7 205

18.8. Company 8 205

18.9. Company 9 205

18.10. Company 10 205

List of Figures

FIG NO. 1………. Tires Market Revenue Share, By Vehicle Type, 2024 & 2032. 65

FIG NO. 2………. Market Attractiveness Analysis, By Vehicle Type. 66

FIG NO. 3………. Incremental Revenue Growth Opportunity by Vehicle Type, 2024 – 2032. 67

FIG NO. 4………. Tires Market Revenue Share, By Tire Type, 2024 & 2032. 70

FIG NO. 5………. Market Attractiveness Analysis, Tire Type. 71

FIG NO. 6………. Incremental Revenue Growth Opportunity by Tire Type, 2024 – 2032. 72

FIG NO. 7………. Tires Market Revenue Share, By Product Category, 2024 & 2032. 75

FIG NO. 8………. Market Attractiveness Analysis, By Product Category. 76

FIG NO. 9………. Incremental Revenue Growth Opportunity by Product Category, 2024 – 2032. 77

FIG NO. 10…….. Tires Market Revenue Share, By Rim Size, 2024 & 2032. 80

FIG NO. 11…….. Market Attractiveness Analysis, By Rim Size. 81

FIG NO. 12…….. Incremental Revenue Growth Opportunity by Rim Size, 2024 – 2032. 82

FIG NO. 13…….. Tires Market Revenue Share, By Season, 2024 & 2032. 85

FIG NO. 14…….. Market Attractiveness Analysis, By Season. 86

FIG NO. 15…….. Incremental Revenue Growth Opportunity by Season, 2024 – 2032. 87

FIG NO. 16…….. Tires Market Revenue Share, By Distribution Channel, 2024 & 2032. 89

FIG NO. 17…….. Market Attractiveness Analysis, By Distribution Channel 90

FIG NO. 18…….. Incremental Revenue Growth Opportunity by Distribution Channel, 2024 – 2032. 91

FIG NO. 19…….. Tires Market Revenue Share, By Region, 2024 & 2032. 94

FIG NO. 20…….. Market Attractiveness Analysis, By Region. 95

FIG NO. 21…….. Incremental Revenue Growth Opportunity by Region, 2024 – 2032. 96

FIG NO. 22…….. Tires Market Revenue Share, By Country, 2024 & 2032. 101

FIG NO. 23…….. Tires Market Revenue Share, By Country, 2024 & 2032. 117

FIG NO. 24…….. Tires Market Revenue Share, By Country, 2024 & 2032. 134

FIG NO. 25…….. Tires Market Revenue Share, By Country, 2024 & 2032. 151

FIG NO. 26…….. Tires Market Revenue Share, By Country, 2024 & 2032. 168

FIG NO. 27…….. Tires Market Revenue Share, By Country, 2024 & 2032. 185

List of Tables

TABLE NO. 1. :… Global Tires Market Import Volume (Units), By Region, 2018 – 2024. 51

TABLE NO. 2. :… Global Tires Market Export Volume (Units), By Region, 2018 – 2024. 52

TABLE NO. 3. :… Global Tires Market Revenue, By Vehicle Type, 2018 – 2024 (USD Million) 68

TABLE NO. 4. :… Global Tires Market Revenue, By Vehicle Type, 2025 – 2032 (USD Million) 68

TABLE NO. 5. :… Global Tires Market Revenue, By Vehicle Type, 2018 – 2024 (Units) 69

TABLE NO. 6. :… Global Tires Market Revenue, By Vehicle Type, 2025 – 2032 (Units) 69

TABLE NO. 7. :… Global Tires Market Revenue, By Tire Type, 2018 – 2024 (USD Million) 73

TABLE NO. 8. :… Global Tires Market Revenue, By Tire Type, 2025 – 2032 (USD Million) 73

TABLE NO. 9. :… Global Tires Market Revenue, By Tire Type, 2018 – 2024 (Units) 74

TABLE NO. 10. :.. Global Tires Market Revenue, By Tire Type, 2025 – 2032 (Units) 74

TABLE NO. 11. :.. Global Tires Market Revenue, By Product Category, 2018 – 2024 (USD Million) 78

TABLE NO. 12. :.. Global Tires Market Revenue, By Product Category, 2025 – 2032 (USD Million) 78

TABLE NO. 13. :.. Global Tires Market Revenue, By Product Category, 2018 – 2024 (Units) 79

TABLE NO. 14. :.. Global Tires Market Revenue, By Product Category, 2025 – 2032 (Units) 79

TABLE NO. 15. :.. Global Tires Market Revenue, By Rim Size, 2018 – 2024 (USD Million) 83

TABLE NO. 16. :.. Global Tires Market Revenue, By Rim Size, 2025 – 2032 (USD Million) 83

TABLE NO. 17. :.. Global Tires Market Revenue, By Rim Size, 2018 – 2024 (Units) 84

TABLE NO. 18. :.. Global Tires Market Revenue, By Rim Size, 2025 – 2032 (Units) 84

TABLE NO. 19. :.. Global Tires Market Revenue, By Season, 2018 – 2024 (USD Million) 88

TABLE NO. 20. :.. Global Tires Market Revenue, By Season, 2025 – 2032 (USD Million) 88

TABLE NO. 21. :.. Global Tires Market Revenue, By Distribution Channel , 2018 – 2024 (USD Million) 92

TABLE NO. 22. :.. Global Tires Market Revenue, By Rim Size, 2025 – 2032 (USD Million) 92

TABLE NO. 23. :.. Global Tires Market Revenue, By Distribution Channel , 2018 – 2024 (Units) 93

TABLE NO. 24. :.. Global Tires Market Revenue, By Rim Size, 2025 – 2032 (Units) 93

TABLE NO. 25. :.. Global Tires Market Revenue, By Region, 2018 – 2024 (USD Million) 97

TABLE NO. 26. :.. Global Tires Market Revenue, By Region, 2025– 2032 (USD Million) 98

TABLE NO. 27. :.. Global Tires Market Revenue, By Region, 2018 – 2024 (Units) 99

TABLE NO. 28. :.. Global Tires Market Revenue, By Region, 2025– 2032 (Units) 100

TABLE NO. 29. :.. North America Tires Market Revenue, By Country, 2018 – 2024 (USD Million) 102

TABLE NO. 30. :.. North America Tires Market Revenue, By Country, 2025– 2032 (USD Million) 102

TABLE NO. 31. :.. North America Tires Market Revenue, By Country, 2018 – 2024 (Units) 103

TABLE NO. 32. :.. North America Tires Market Revenue, By Country, 2025– 2032 (Units) 103

TABLE NO. 33. :.. North America Tires Market Revenue, By Vehicle Type, 2018 – 2024 (USD Million) 104

TABLE NO. 34. :.. North America Tires Market Revenue, By Vehicle Type, 2025 – 2032 (USD Million) 104

TABLE NO. 35. :.. North America Tires Market Revenue, By Vehicle Type, 2018 – 2024 (Units) 105

TABLE NO. 36. :.. North America Tires Market Revenue, By Vehicle Type, 2025 – 2032 (Units) 105

TABLE NO. 37. :.. North America Tires Market Revenue, By Tire Type, 2018 – 2024 (USD Million) 106

TABLE NO. 38. :.. North America Tires Market Revenue, By Tire Type, 2025 – 2032 (USD Million) 106

TABLE NO. 39. :.. North America Tires Market Revenue, By Tire Type, 2018 – 2024 (Units) 107

TABLE NO. 40. :.. North America Tires Market Revenue, By Tire Type, 2025 – 2032 (Units) 107

TABLE NO. 41. :.. North America Tires Market Revenue, By Product Category, 2018 – 2024 (USD Million) 108

TABLE NO. 42. :.. North America Tires Market Revenue, By Product Category, 2025 – 2032 (USD Million) 108

TABLE NO. 43. :.. North America Tires Market Revenue, By Product Category, 2018 – 2024 (Units) 109

TABLE NO. 44. :.. North America Tires Market Revenue, By Product Category, 2025 – 2032 (Units) 109

TABLE NO. 45. :.. North America Tires Market Revenue, By Rim Size, 2018 – 2024 (USD Million) 110

TABLE NO. 46. :.. North America Tires Market Revenue, By Rim Size, 2025 – 2032 (USD Million) 110

TABLE NO. 47. :.. North America Tires Market Revenue, By Rim Size, 2018 – 2024 (Units) 112

TABLE NO. 48. :.. North America Tires Market Revenue, By Rim Size, 2025 – 2032 (Units) 112

TABLE NO. 49. :.. North America Tires Market Revenue, By Season, 2018 – 2024 (USD Million) 113

TABLE NO. 50. :.. North America Tires Market Revenue, By Season, 2025 – 2032 (USD Million) 113

TABLE NO. 51. :.. North America Tires Market Revenue, By Season, 2018 – 2024 (Units) 114

TABLE NO. 52. :.. North America Tires Market Revenue, By Season, 2025 – 2032 (Units) 114

TABLE NO. 53. :.. North America Tires Market Revenue, By Distribution Channel, 2018 – 2024 (USD Million) 115

TABLE NO. 54. :.. North America Tires Market Revenue, By Distribution Channel, 2025 – 2032 (USD Million) 115

TABLE NO. 55. :.. North America Tires Market Revenue, By Distribution Channel, 2018 – 2024 (Units) 116

TABLE NO. 56. :.. North America Tires Market Revenue, By Distribution Channel, 2025 – 2032 (Units) 116

TABLE NO. 57. :.. Europe Tires Market Revenue, By Country, 2018 – 2024 (USD Million) 118

TABLE NO. 58. :.. Europe Tires Market Revenue, By Country, 2025– 2032 (USD Million) 119

TABLE NO. 59. :.. Europe Tires Market Revenue, By Country, 2018 – 2024 (Units) 120

TABLE NO. 60. :.. Europe Tires Market Revenue, By Country, 2025– 2032 (Units) 121

TABLE NO. 61. :.. North America Tires Market Revenue, By Vehicle Type, 2018 – 2024 (USD Million) 122

TABLE NO. 62. :.. North America Tires Market Revenue, By Vehicle Type, 2025 – 2032 (USD Million) 122

TABLE NO. 63. :.. Europe Tires Market Revenue, By Vehicle Type, 2018 – 2024 (Units) 123

TABLE NO. 64. :.. Europe Tires Market Revenue, By Vehicle Type, 2025 – 2032 (Units) 123

TABLE NO. 65. :.. Europe Tires Market Revenue, By Tire Type, 2018 – 2024 (USD Million) 124

TABLE NO. 66. :.. Europe Tires Market Revenue, By Tire Type, 2025 – 2032 (USD Million) 124

TABLE NO. 67. :.. Europe Tires Market Revenue, By Tire Type, 2018 – 2024 (Units) 125

TABLE NO. 68. :.. Europe Tires Market Revenue, By Tire Type, 2025 – 2032 (Units) 125

TABLE NO. 69. :.. Europe Tires Market Revenue, By Product Category, 2018 – 2024 (USD Million) 126

TABLE NO. 70. :.. Europe Tires Market Revenue, By Product Category, 2025 – 2032 (USD Million) 126

TABLE NO. 71. :.. Europe Tires Market Revenue, By Product Category, 2018 – 2024 (Units) 127

TABLE NO. 72. :.. Europe Tires Market Revenue, By Product Category, 2025 – 2032 (Units) 127

TABLE NO. 73. :.. Europe Tires Market Revenue, By Rim Size, 2018 – 2024 (USD Million) 128

TABLE NO. 74. :.. Europe Tires Market Revenue, By Rim Size, 2025 – 2032 (USD Million) 128

TABLE NO. 75. :.. Europe Tires Market Revenue, By Rim Size, 2018 – 2024 (Units) 129

TABLE NO. 76. :.. Europe Tires Market Revenue, By Rim Size, 2025 – 2032 (Units) 129

TABLE NO. 77. :.. Europe Tires Market Revenue, By Season, 2018 – 2024 (USD Million) 130

TABLE NO. 78. :.. Europe Tires Market Revenue, By Season, 2025 – 2032 (USD Million) 130

TABLE NO. 79. :.. Europe Tires Market Revenue, By Season, 2018 – 2024 (Units) 131

TABLE NO. 80. :.. Europe Tires Market Revenue, By Season, 2025 – 2032 (Units) 131

TABLE NO. 81. :.. Europe Tires Market Revenue, By Distribution Channel, 2018 – 2024 (USD Million) 132

TABLE NO. 82. :.. Europe Tires Market Revenue, By Distribution Channel, 2025 – 2032 (USD Million) 132

TABLE NO. 83. :.. Europe Tires Market Revenue, By Distribution Channel, 2018 – 2024 (Units) 133

TABLE NO. 84. :.. Europe Tires Market Revenue, By Distribution Channel, 2025 – 2032 (Units) 133

TABLE NO. 85. :.. Asia Pacific Tires Market Revenue, By Country, 2018 – 2024 (USD Million) 135

TABLE NO. 86. :.. Asia Pacific Tires Market Revenue, By Country, 2025– 2032 (USD Million) 136

TABLE NO. 87. :.. Asia Pacific Tires Market Revenue, By Country, 2018 – 2024 (Units) 137

TABLE NO. 88. :.. Asia Pacific Tires Market Revenue, By Country, 2025– 2032 (Units) 138

TABLE NO. 89. :.. Asia Pacific Tires Market Revenue, By Vehicle Type, 2018 – 2024 (USD Million) 139

TABLE NO. 90. :.. Asia Pacific Tires Market Revenue, By Vehicle Type, 2025 – 2032 (USD Million) 139

TABLE NO. 91. :.. Asia Pacific Tires Market Revenue, By Vehicle Type, 2018 – 2024 (Units) 140

TABLE NO. 92. :.. Asia Pacific Tires Market Revenue, By Vehicle Type, 2025 – 2032 (Units) 140

TABLE NO. 93. :.. Asia Pacific Tires Market Revenue, By Tire Type, 2018 – 2024 (USD Million) 141

TABLE NO. 94. :.. Asia Pacific Tires Market Revenue, By Tire Type, 2025 – 2032 (USD Million) 141

TABLE NO. 95. :.. Asia Pacific Tires Market Revenue, By Tire Type, 2018 – 2024 (Units) 142

TABLE NO. 96. :.. Asia Pacific Tires Market Revenue, By Tire Type, 2025 – 2032 (Units) 142

TABLE NO. 97. :.. Asia Pacific Tires Market Revenue, By Product Category, 2018 – 2024 (USD Million) 143

TABLE NO. 98. :.. Asia Pacific Tires Market Revenue, By Product Category, 2025 – 2032 (USD Million) 143

TABLE NO. 99. :.. Asia Pacific Tires Market Revenue, By Product Category, 2018 – 2024 (Units) 144

TABLE NO. 100. : Asia Pacific Tires Market Revenue, By Product Category, 2025 – 2032 (Units) 144

TABLE NO. 101. : Asia Pacific Tires Market Revenue, By Rim Size, 2018 – 2024 (USD Million) 145

TABLE NO. 102. : Asia Pacific Tires Market Revenue, By Rim Size, 2025 – 2032 (USD Million) 145

TABLE NO. 103. : Asia Pacific Tires Market Revenue, By Rim Size, 2018 – 2024 (Units) 146

TABLE NO. 104. : Asia Pacific Tires Market Revenue, By Rim Size, 2025 – 2032 (Units) 146

TABLE NO. 105. : Asia Pacific Tires Market Revenue, By Season, 2018 – 2024 (USD Million) 147

TABLE NO. 106. : Asia Pacific Tires Market Revenue, By Season, 2025 – 2032 (USD Million) 147

TABLE NO. 107. : Asia Pacific Tires Market Revenue, By Season, 2018 – 2024 (Units) 148

TABLE NO. 108. : Asia Pacific Tires Market Revenue, By Season, 2025 – 2032 (Units) 148

TABLE NO. 109. : Asia Pacific Tires Market Revenue, By Distribution Channel, 2018 – 2024 (USD Million) 149

TABLE NO. 110. : Asia Pacific Tires Market Revenue, By Distribution Channel, 2025 – 2032 (USD Million) 149

TABLE NO. 111. : Asia Pacific Tires Market Revenue, By Distribution Channel, 2018 – 2024 (Units) 150

TABLE NO. 112. : Asia Pacific Tires Market Revenue, By Distribution Channel, 2025 – 2032 (Units) 150

TABLE NO. 113. : Latin America Tires Market Revenue, By Country, 2018 – 2024 (USD Million) 152

TABLE NO. 114. : Latin America Tires Market Revenue, By Country, 2025– 2032 (USD Million) 153

TABLE NO. 115. : Latin America Tires Market Revenue, By Country, 2018 – 2024 (Units) 154

TABLE NO. 116. : Latin America Tires Market Revenue, By Country, 2025– 2032 (Units) 155

TABLE NO. 117. : Latin America Tires Market Revenue, By Vehicle Type, 2018 – 2024 (USD Million) 156

TABLE NO. 118. : Latin America Tires Market Revenue, By Vehicle Type, 2025 – 2032 (USD Million) 156

TABLE NO. 119. : Latin America Tires Market Revenue, By Vehicle Type, 2018 – 2024 (Units) 157

TABLE NO. 120. : Latin America Tires Market Revenue, By Vehicle Type, 2025 – 2032 (Units) 157

TABLE NO. 121. : Latin America Tires Market Revenue, By Tire Type, 2018 – 2024 (USD Million) 158

TABLE NO. 122. : Latin America Tires Market Revenue, By Tire Type, 2025 – 2032 (USD Million) 158

TABLE NO. 123. : Latin America Tires Market Revenue, By Tire Type, 2018 – 2024 (Units) 159

TABLE NO. 124. : Latin America Tires Market Revenue, By Tire Type, 2025 – 2032 (Units) 159

TABLE NO. 125. : Latin America Tires Market Revenue, By Product Category, 2018 – 2024 (USD Million) 160

TABLE NO. 126. : Latin America Tires Market Revenue, By Product Category, 2025 – 2032 (USD Million) 160

TABLE NO. 127. : Latin America Tires Market Revenue, By Product Category, 2018 – 2024 (Units) 161

TABLE NO. 128. : Latin America Tires Market Revenue, By Product Category, 2025 – 2032 (Units) 161

TABLE NO. 129. : Latin America Tires Market Revenue, By Rim Size, 2018 – 2024 (USD Million) 162

TABLE NO. 130. : Latin America Tires Market Revenue, By Rim Size, 2025 – 2032 (USD Million) 162

TABLE NO. 131. : Latin America Tires Market Revenue, By Rim Size, 2018 – 2024 (Units) 163

TABLE NO. 132. : Latin America Tires Market Revenue, By Rim Size, 2025 – 2032 (Units) 163

TABLE NO. 133. : Latin America Tires Market Revenue, By Season, 2018 – 2024 (USD Million) 164

TABLE NO. 134. : Latin America Tires Market Revenue, By Season, 2025 – 2032 (USD Million) 164

TABLE NO. 135. : Latin America Tires Market Revenue, By Season, 2018 – 2024 (Units) 165

TABLE NO. 136. : Latin America Tires Market Revenue, By Season, 2025 – 2032 (Units) 165

TABLE NO. 137. : Latin America Tires Market Revenue, By Distribution Channel, 2018 – 2024 (USD Million) 166

TABLE NO. 138. : Latin America Tires Market Revenue, By Distribution Channel, 2025 – 2032 (USD Million) 166

TABLE NO. 139. : Latin America Tires Market Revenue, By Distribution Channel, 2018 – 2024 (Units) 167

TABLE NO. 140. : Latin America Tires Market Revenue, By Distribution Channel, 2025 – 2032 (Units) 167

TABLE NO. 141. : Middle East Tires Market Revenue, By Country, 2018 – 2024 (USD Million) 169

TABLE NO. 142. : Middle East Tires Market Revenue, By Country, 2025– 2032 (USD Million) 170

TABLE NO. 143. : Middle East Tires Market Revenue, By Country, 2018 – 2024 (Units) 171

TABLE NO. 144. : Middle East Tires Market Revenue, By Country, 2025– 2032 (Units) 172

TABLE NO. 145. : Middle East Tires Market Revenue, By Vehicle Type, 2018 – 2024 (USD Million) 173

TABLE NO. 146. : Middle East Tires Market Revenue, By Vehicle Type, 2025 – 2032 (USD Million) 173

TABLE NO. 147. : Middle East Tires Market Revenue, By Vehicle Type, 2018 – 2024 (Units) 174

TABLE NO. 148. : Middle East Tires Market Revenue, By Vehicle Type, 2025 – 2032 (Units) 174

TABLE NO. 149. : Middle East Tires Market Revenue, By Tire Type, 2018 – 2024 (USD Million) 175

TABLE NO. 150. : Middle East Tires Market Revenue, By Tire Type, 2025 – 2032 (USD Million) 175

TABLE NO. 151. : Middle East Tires Market Revenue, By Tire Type, 2018 – 2024 (Units) 176

TABLE NO. 152. : Middle East Tires Market Revenue, By Tire Type, 2025 – 2032 (Units) 176

TABLE NO. 153. : Middle East Tires Market Revenue, By Product Category, 2018 – 2024 (USD Million) 177

TABLE NO. 154. : Middle East Tires Market Revenue, By Product Category, 2025 – 2032 (USD Million) 177

TABLE NO. 155. : Middle East Tires Market Revenue, By Product Category, 2018 – 2024 (Units) 178

TABLE NO. 156. : Middle East Tires Market Revenue, By Product Category, 2025 – 2032 (Units) 178

TABLE NO. 157. : Middle East Tires Market Revenue, By Rim Size, 2018 – 2024 (USD Million) 179

TABLE NO. 158. : Middle East Tires Market Revenue, By Rim Size, 2025 – 2032 (USD Million) 179

TABLE NO. 159. : Middle East Tires Market Revenue, By Rim Size, 2018 – 2024 (Units) 180

TABLE NO. 160. : Middle East Tires Market Revenue, By Rim Size, 2025 – 2032 (Units) 180

TABLE NO. 161. : Middle East Tires Market Revenue, By Season, 2018 – 2024 (USD Million) 181

TABLE NO. 162. : Middle East Tires Market Revenue, By Season, 2025 – 2032 (USD Million) 181

TABLE NO. 163. : Middle East Tires Market Revenue, By Season, 2018 – 2024 (Units) 182

TABLE NO. 164. : Middle East Tires Market Revenue, By Season, 2025 – 2032 (Units) 182

TABLE NO. 165. : Middle East Tires Market Revenue, By Distribution Channel, 2018 – 2024 (USD Million) 183

TABLE NO. 166. : Middle East Tires Market Revenue, By Distribution Channel, 2025 – 2032 (USD Million) 183

TABLE NO. 167. : Middle East Tires Market Revenue, By Distribution Channel, 2018 – 2024 (Units) 184

TABLE NO. 168. : Middle East Tires Market Revenue, By Distribution Channel, 2025 – 2032 (Units) 184

TABLE NO. 169. : Africa Tires Market Revenue, By Country, 2018 – 2024 (USD Million) 186

TABLE NO. 170. : Africa Tires Market Revenue, By Country, 2025– 2032 (USD Million) 187

TABLE NO. 171. : Africa Tires Market Revenue, By Country, 2018 – 2024 (Units) 188

TABLE NO. 172. : Africa Tires Market Revenue, By Country, 2025– 2032 (Units) 189

TABLE NO. 173. : Africa Tires Market Revenue, By Vehicle Type, 2018 – 2024 (USD Million) 190

TABLE NO. 174. : Africa Tires Market Revenue, By Vehicle Type, 2025 – 2032 (USD Million) 190

TABLE NO. 175. : Africa Tires Market Revenue, By Vehicle Type, 2018 – 2024 (Units) 191

TABLE NO. 176. : Africa Tires Market Revenue, By Vehicle Type, 2025 – 2032 (Units) 191

TABLE NO. 177. : Africa Tires Market Revenue, By Tire Type, 2018 – 2024 (USD Million) 192

TABLE NO. 178. : Africa Tires Market Revenue, By Tire Type, 2025 – 2032 (USD Million) 192

TABLE NO. 179. : Africa Tires Market Revenue, By Tire Type, 2018 – 2024 (Units) 193

TABLE NO. 180. : Africa Tires Market Revenue, By Tire Type, 2025 – 2032 (Units) 193

TABLE NO. 181. : Africa Tires Market Revenue, By Product Category, 2018 – 2024 (USD Million) 194

TABLE NO. 182. : Africa Tires Market Revenue, By Product Category, 2025 – 2032 (USD Million) 194

TABLE NO. 183. : Africa Tires Market Revenue, By Product Category, 2018 – 2024 (Units) 195

TABLE NO. 184. : Africa Tires Market Revenue, By Product Category, 2025 – 2032 (Units) 195

TABLE NO. 185. : Africa Tires Market Revenue, By Rim Size, 2018 – 2024 (USD Million) 196

TABLE NO. 186. : Africa Tires Market Revenue, By Rim Size, 2025 – 2032 (USD Million) 196

TABLE NO. 187. : Africa Tires Market Revenue, By Rim Size, 2018 – 2024 (Units) 197

TABLE NO. 188. : Africa Tires Market Revenue, By Rim Size, 2025 – 2032 (Units) 197

TABLE NO. 189. : Africa Tires Market Revenue, By Season, 2018 – 2024 (USD Million) 198

TABLE NO. 190. : Africa Tires Market Revenue, By Season, 2025 – 2032 (USD Million) 198

TABLE NO. 191. : Africa Tires Market Revenue, By Season, 2018 – 2024 (Units) 199

TABLE NO. 192. : Africa Tires Market Revenue, By Season, 2025 – 2032 (Units) 199

TABLE NO. 193. : Africa Tires Market Revenue, By Distribution Channel, 2018 – 2024 (USD Million) 200

TABLE NO. 194. : Africa Tires Market Revenue, By Distribution Channel, 2025 – 2032 (USD Million) 200

TABLE NO. 195. : Africa Tires Market Revenue, By Distribution Channel, 2018 – 2024 (Units) 201

TABLE NO. 196. : Africa Tires Market Revenue, By Distribution Channel, 2025 – 2032 (Units) 201

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Frequently Asked Questions

What is the current market size for Global Tires Market, and what is its projected size in 2032?

The Global Tires Market was valued at USD 207.07 billion in 2024. It is projected to reach USD 308.03 billion by 2032. Growth reflects steady vehicle usage and replacement demand. Expansion spans both OEM and aftermarket segments.

At what Compound Annual Growth Rate is the Global Tires Market projected to grow between 2025 and 2032?

The market is projected to grow at a CAGR of 4.74% during the forecast period. This rate reflects balanced growth across regions. Replacement demand remains a core contributor. OEM demand also supports expansion.

Which Global Tires Market segment held the largest share in 2024?

Passenger cars held the largest share in 2024. High ownership levels drive consistent tire consumption. Urban mobility supports frequent replacement cycles. This segment anchors overall market volume.

What are the primary factors fueling the growth of the Global Tires Market?

Key factors include rising vehicle ownership and infrastructure development. Replacement demand supports recurring sales. Safety awareness influences timely tire changes. Expansion of logistics fleets also contributes.

Who are the leading companies in the Global Tires Market?

Leading companies include Michelin, Bridgestone, Goodyear, Continental, and Pirelli. These firms operate global manufacturing networks. Strong OEM ties support market leadership. Broad product portfolios strengthen competitiveness.

Which region commanded the largest share of the Global Tires Market in 2024?

Asia Pacific commanded the largest share in 2024. High vehicle production drives OEM demand. Two-wheeler dominance boosts volume sales. Emerging economies support long-term growth potential.

About Author

Sushant Phapale

ICT & Automation Expert

Sushant is an expert in ICT, automation, and electronics with a passion for innovation and market trends.

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