Europe Tire Market Size, Share, Trends, Growth Analysis, Report 2025-2030
The Europe Tire Market size was valued at around USD 43.25 billion in 2024 and is projected to reach USD 52.25 billion million by 2030. Along with this, the market is estimated to grow at a CAGR of around 3.20% during the forecast period, i.e., 2025-30. According to MarkNtel Advisors Study.
Europe Tire Market Driver:
Ever-Increasing Demand for Replacement Tires to Carter to the Large Vehicle Fleet – Europe has a massive vehicle fleet, which includes passenger cars, commercial vehicles, and two-wheelers. As the number of these vehicles on the road is increasing, so is the need for replacing their tires, mainly due to their wear & tear over time on account of diverse terrains, climates, & driving conditions. Hence, in order to ensure optimal performance, safety, and fuel efficiency, replacement tires are witnessing huge demand in the region and, consequently, driving the Europe Tire Market.
Download a free sample copy of the Report: https://www.marknteladvisors.com/query/request-sample/europe-tire-market.html
Key Market Reports Highlights
· Market Dimensions & Projections
· Pricing Evaluation
· Recent Strategic Moves by Companies
· Primary Stakeholders
· Import/Export Trend Analysis
· Competitive Landscape Assessment
· Emerging Opportunities
· Market Trends and Indicators
*Reports Delivery Format - Market research studies from MarkNtel Advisors are offered in PDF, Excel and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address.
Browse Full Report including(TOC+ List of Table and Figures) : https://www.marknteladvisors.com/research-library/europe-tire-market.html
Europe Tire Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2024
-Historical Period: 2020 to 2023
-Forecast Period: 2025 to 2030
- By Type of Vehicle
- Passenger Car- Market Size & Forecast 2020-2030, Thousand Units
- Light Commercial Vehicle- Market Size & Forecast 2020-2030, Thousand Units
- Medium & Heavy Commercial Vehicle- Market Size & Forecast 2020-2030, Thousand Units
- Two Wheelers- Market Size & Forecast 2020-2030, Thousand Units
- Off the Road (OTR) Vehicles- Market Size & Forecast 2020-2030, Thousand Units
- By Demand Category
- OEM- Market Size & Forecast 2020-2030, Thousand Units
- Replacement- Market Size & Forecast 2020-2030, Thousand Units
- By Type of Tire
- Radial- Market Size & Forecast 2020-2030, Thousand Units
- Bias- Market Size & Forecast 2020-2030, Thousand Units
- By Sales Channel
- Direct Sales- Market Size & Forecast 2020-2030, Thousand Units
- Multi-Brand Outlets- Market Size & Forecast 2020-2030, Thousand Units
- Exclusive Outlets- Market Size & Forecast 2020-2030, Thousand Units
- Online- Market Size & Forecast 2020-2030, Thousand Units
- By Season
- All Season- Market Size & Forecast 2020-2030, Thousand Units
- Winter- Market Size & Forecast 2020-2030, Thousand Units
- By Price Category
- Budget- Market Size & Forecast 2020-2030, Thousand Units
- Economy- Market Size & Forecast 2020-2030, Thousand Units
- Premium- Market Size & Forecast 2020-2030, Thousand Units
- By Rim Diameter
- Up to 12”- Market Size & Forecast 2020-2030, Thousand Units
- 12.1” to 15”- Market Size & Forecast 2020-2030, Thousand Units
- 15.1” to 20”- Market Size & Forecast 2020-2030, Thousand Units
- 20.1” to 20”- Market Size & Forecast 2020-2030, Thousand Units
- 20.1” to 26”- Market Size & Forecast 2020-2030, Thousand Units
- 26.1to 35”- Market Size & Forecast 2020-2030, Thousand Units
- 35.1” to 47”- Market Size & Forecast 2020-2030, Thousand Units
- Above 47”- Market Size & Forecast 2020-2030, Thousand Units
- By Country
- The UK
- Germany
- France
- Italy
- Spain
- Poland
- The Netherlands
- Romania
- Belgium
- Slovakia
- Finland
- Norway
- Sweden
- Denmark
- Rest of Europe
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including - Michelin, Continental, Bridgestone, Pirelli, Dunlop, Hankook, Goodyear, Nokian, Yokohama, Cooper Tires, Kumho, Vredestein, Toyo, other are looking forward to strengthening their market positions.
Have questions? Our consultant is ready to assist: https://www.marknteladvisors.com/query/talk-to-our-consultant/europe-tire-market.html
Europe Tire Industry Recent Development:
2025: Kumho Tire Company plans to complete construction of its first tire plant in Europe in the next two years, as it looks to reduce logistics costs while strengthening its presence in the region’s premium tire market. The company has signed original equipment (OE) supply contracts with a number of European automakers in recent years, including Volkswagen Group, BMW and Mercedes-Benz.
Data-Driven Insights Backed by Proven Research
We follow a tried-and-tested research methodology that blends top-down and bottom-up approaches to deliver highly accurate market insights. Every report is powered by data triangulation, ensuring well-rounded and validated findings.
From smart sample selection and reliable data collection to in-depth analysis and precise forecasting, our process is designed to minimize error and maximize impact.
About Us –
MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.
We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.
Contact Us
MarkNtel Advisors
Email: sales@marknteladvisors.com
Website: www.marknteladvisors.com
Latest Press Release - https://www.marknteladvisors.com/press-release
