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PUBLISHER: IMARC | PRODUCT CODE: 1675308
PUBLISHER: IMARC | PRODUCT CODE: 1675308
Asia Pacific Tire Market Report by Radial/Bias Tires, End-Use, Vehicle Type, Size, Distribution Channel, and Country 2025-2033
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PAGES: 137 Pages
DELIVERY TIME: 2-3 business days
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The Asia Pacific tire market size was valued at USD 1,320 Million in 2024. Looking forward, IMARC Group estimates the market to reach USD 1,810 Million by 2033, exhibiting a CAGR of 3.45% from 2025-2033. The Asia Pacific tire market share is increasing due to rising vehicle production and growing demand for replacement tires. Government initiatives supporting infrastructure and electric vehicle (EV) adoption, along with technological advancements in tire manufacturing, are impelling the market growth. Expanding logistics, e-commerce, and regulatory standards for fuel efficiency and safety are further contributing to the market growth.
Increasing demand for vehicles, growing replacement demand, declining prices of rubber and increasing production in the region represent some of the key factors contributing to the growth of the Asia Pacific tire industry. Furthermore, rising demand for secondhand vehicles in countries such as India, China, Indonesia, Malaysia, etc., is expected to drive the market for the replacement tire industry. Additionally, increasing investment towards infrastructure projects such as roads, bridges, and tunnels, have been able to increase the connectivity across the Asia Pacific region, this is also catalyzing the demand for tires across the region.
The increasing demand for tires in the Asia Pacific region is also being driven by the increasing automobile production along with the expanding fleet size. In addition to this, the rising consumer living standards supported by their growing disposable income levels have also boosted automobile sales, thereby propelling the demand for tires in the region. Furthermore, the increasing usage of both light and heavy commercial vehicles in logistics and construction activities has also augmented the market growth. Additionally, the growing popularity of next-generation and high-performance tires for luxury and premium cars is also driving the market growth. Apart from this, the increasing demand for replacement tires owing to the large consumer base of passenger cars and the high replacement rate of tires after certain usage limit, is further bolstering the demand of tires in the region.
Key Market Segmentation:
Breakup by Radial/Bias Tires:
- Radial
- Bias
Breakup by End-Use:
- OEM
- Replacement
Breakup by Vehicle Type:
- Passenger Cars
- Light Commercial Vehicles
- Medium and Heavy Commercial Vehicles
- Two-Wheelers
- Off-The-Road (OTR)
- Three- Wheelers
Breakup by Size:
- Passenger Cars
- Market Breakup by Rim Size
- Market Breakup by Tire Size
- Market Breakup by Price Range
- Light Commercial Vehicles
- Market Breakup by Rim Size
- Market Breakup by Tire Size
- Market Breakup by Price Range
- Medium and Heavy Commercial Vehicles
- Market Breakup by Rim Size
- Market Breakup by Tire Size
- Market Breakup by Price Range
- Two-Wheelers
- Market Breakup by Rim Size
- Market Breakup by Tire Size
- Market Breakup by Price Range
- Three- Wheelers
- Market Breakup by Rim Size
- Market Breakup by Tire Size
- Market Breakup by Price Range
- Off-The-Road (OTR)
- Market Breakup by Rim Size
- Market Breakup by Tire Size
- Market Breakup by Price Range
Breakup by Distribution Channel:
- Offline
- Online
Breakup by Country:
- China
- India
- Japan
- Australia
- South Korea
- Thailand
- Indonesia
- Malaysia
- Pakistan
- Others
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being Michelin, Bridgestone Corporation, Continental AG, Goodyear Tire & Rubber Company, Sumitomo Corporation, Pirelli C. S.p.A., Yokohama Tire Corporation, Hankook Tire & Technology Co., Ltd., Toyo Tire Corporation, Kumho Tire Co., Ltd., etc.
Key Questions Answered in This Report
- 1.How big is the tire market in the Asia Pacific?
- 2.What factors are driving the growth of the Asia Pacific tire market?
- 3.What is the forecast for the tire market in the Asia Pacific?
- 4.Which segment accounted for the largest Asia Pacific tire radial/bias tires market share?
- 5.Which segment accounted for the largest Asia Pacific tire end-use market share?
- 6.Who are the major players in the Asia Pacific tire market?
Product Code: SR112025A2190
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Asia-Pacific Tire Industry
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Radial/Bias Tires
- 6.1 Radial
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Bias
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by End-Use
- 7.1 OEM
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Replacement
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
8 Market Breakup by Vehicle Type
- 8.1 Passenger Cars
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Light Commercial Vehicles
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Medium and Heavy Commercial Vehicles
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Two-Wheelers
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Off-The-Road (OTR)
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
- 8.6 Three-Wheelers
- 8.6.1 Market Trends
- 8.6.2 Market Forecast
9 Market Breakup by Size
- 9.1 Passenger Cars
- 9.1.1 Market Breakup by Rim Size
- 9.1.2 Market Breakup by Tire Size
- 9.1.3 Market Breakup by Price Range
- 9.2 Light Commercial Vehicles
- 9.2.1 Market Breakup by Rim Size
- 9.2.2 Market Breakup by Tire Size
- 9.2.3 Market Breakup by Price Range
- 9.3 Medium and Heavy Commercial Vehicles
- 9.3.1 Market Breakup by Rim Size
- 9.3.2 Market Breakup by Tire Size
- 9.3.3 Market Breakup by Price Range
- 9.4 Two-Wheelers
- 9.4.1 Market Breakup by Rim Size
- 9.4.2 Market Breakup by Tire Size
- 9.4.3 Market Breakup by Price Range
- 9.5 Off-The-Road (OTR)
- 9.5.1 Market Breakup by Rim Size
- 9.5.2 Market Breakup by Tire Size
- 9.5.3 Market Breakup by Price Range
- 9.6 Three-Wheelers
- 9.6.1 Market Breakup by Rim Size
- 9.6.2 Market Breakup by Tire Size
- 9.6.3 Market Breakup by Price Range
10 Market Breakup by Distribution Channel
- 10.1 Offline
- 10.1.1 Market Trends
- 10.1.2 Market Forecast
- 10.2 Online
- 10.2.1 Market Trends
- 10.2.2 Market Forecast
11 Market Breakup by Country
- 11.1 China
- 11.1.1 Market Trends
- 11.1.2 Market Forecast
- 11.2 India
- 11.2.1 Market Trends
- 11.2.2 Market Forecast
- 11.3 Japan
- 11.3.1 Market Trends
- 11.3.2 Market Forecast
- 11.4 Australia
- 11.4.1 Market Trends
- 11.4.2 Market Forecast
- 11.5 Indonesia
- 11.5.1 Market Trends
- 11.5.2 Market Forecast
- 11.6 South Korea
- 11.6.1 Market Trends
- 11.6.2 Market Forecast
- 11.7 Thailand
- 11.7.1 Market Trends
- 11.7.2 Market Forecast
- 11.8 Malaysia
- 11.8.1 Market Trends
- 11.8.2 Market Forecast
- 11.9 Pakistan
- 11.9.1 Market Trends
- 11.9.2 Market Forecast
- 11.10 Other Regions
- 11.10.1 Market Trends
- 11.10.2 Market Forecast
12 Tire Pricing Analysis
- 12.1 Price Indicators
- 12.2 Cost Structure and Margins
- 12.3 Manufacturer and Distributor Prices
- 12.4 Price Trends and Forecast
13 SWOT Analysis
- 13.1 Overview
- 13.2 Strengths
- 13.3 Weaknesses
- 13.4 Opportunities
- 13.5 Threats
14 Value Chain Analysis
15 Porters Five Forces Analysis
- 15.1 Overview
- 15.2 Bargaining Power of Buyers
- 15.3 Bargaining Power of Suppliers
- 15.4 Degree of Competition
- 15.5 Threat of New Entrants
- 15.6 Threat of Substitutes
16 Competitive Landscape
- 16.1 Market Share and Structure
- 16.2 Key Players
- 16.3 Profiles of Key Players
- 16.3.1 Michelin
- 16.3.1.1 Company Overview
- 16.3.1.2 Product Portfolio
- 16.3.1.3 Financials
- 16.3.1.4 SWOT Analysis
- 16.3.2 Bridgestone Corporation
- 16.3.2.1 Company Overview
- 16.3.2.2 Product Portfolio
- 16.3.2.3 Financials
- 16.3.2.4 SWOT Analysis
- 16.3.3 Continental AG
- 16.3.3.1 Company Overview
- 16.3.3.2 Product Portfolio
- 16.3.3.3 Financials
- 16.3.3.4 SWOT Analysis
- 16.3.4 Goodyear Tire & Rubber Company
- 16.3.4.1 Company Overview
- 16.3.4.2 Product Portfolio
- 16.3.4.3 Financials
- 16.3.4.4 SWOT Analysis
- 16.3.5 Sumitomo Corporation
- 16.3.5.1 Company Overview
- 16.3.5.2 Product Portfolio
- 16.3.5.3 Financials
- 16.3.5.4 SWOT Analysis
- 16.3.6 Pirelli C. S.p.A.
- 16.3.6.1 Company Overview
- 16.3.6.2 Product Portfolio
- 16.3.6.3 Financials
- 16.3.6.4 SWOT Analysis
- 16.3.7 Yokohama Tire Corporation
- 16.3.7.1 Company Overview
- 16.3.7.2 Product Portfolio
- 16.3.7.3 Financials
- 16.3.7.4 SWOT Analysis
- 16.3.8 Hankook Tire & Technology Co., Ltd
- 16.3.8.1 Company Overview
- 16.3.8.2 Product Portfolio
- 16.3.8.3 Financials
- 16.3.8.4 SWOT Analysis
- 16.3.9 Toyo Tire Corporation
- 16.3.9.1 Company Overview
- 16.3.9.2 Product Portfolio
- 16.3.9.3 Financials
- 16.3.9.4 SWOT Analysis
- 16.3.10 Kumho Tire Co., Ltd.
- 16.3.10.1 Company Overview
- 16.3.10.2 Product Portfolio
- 16.3.10.3 Financials
- 16.3.10.4 SWOT Analysis
- 16.3.1 Michelin
Product Code: SR112025A2190
List of Figures
- Figure 1: Asia-Pacific: Tire Market: Major Drivers and Challenges
- Figure 2: Asia-Pacific: Tire Market: Sales Volume (in Million Units), 2019-2024
- Figure 3: Asia-Pacific: Tire Market: Breakup by Radial/Bias Tires (in %), 2024
- Figure 4: Asia-Pacific: Tire Market: Breakup by End-Use (in %), 2024
- Figure 5: Asia-Pacific: Tire Market: Breakup by Vehicle Type (in %), 2024
- Figure 6: Asia-Pacific: Tire Market: Breakup by Size (in %), 2024
- Figure 7: Asia-Pacific: Tire Market: Breakup by Distribution Channel (in %), 2024
- Figure 8: Asia-Pacific: Tire Market: Breakup by Country (in %), 2024
- Figure 9: Asia-Pacific: Tire Market Forecast: Sales Volume (in Million Units), 2025-2033
- Figure 10: Asia-Pacific: Tire (Radial) Market: Sales Volume (in Million Units), 2019 & 2024
- Figure 11: Asia-Pacific: Tire (Radial) Market Forecast: Sales Volume (in Million Units), 2025-2033
- Figure 12: Asia-Pacific: Tire (Bias) Market: Sales Volume (in Million Units), 2019 & 2024
- Figure 13: Asia-Pacific: Tire (Bias) Market Forecast: Sales Volume (in Million Units), 2025-2033
- Figure 14: Asia-Pacific: Tire (OEM) Market: Sales Volume (in Million Units), 2019 & 2024
- Figure 15: Asia-Pacific: Tire (OEM) Market Forecast: Sales Volume (in Million Units), 2025-2033
- Figure 16: Asia-Pacific: Tire (Replacement) Market: Sales Volume (in Million Units), 2019 & 2024
- Figure 17: Asia-Pacific: Tire (Replacement) Market Forecast: Sales Volume (in Million Units), 2025-2033
- Figure 18: Asia-Pacific: Tire (Passenger Cars Market: Sales Volume (in Million Units), 2019 & 2024
- Figure 19: Asia-Pacific: Tire (Passenger Cars) Market Forecast: Sales Volume (in Million Units), 2025-2033
- Figure 20: Asia-Pacific: Tire (Light Commercial Vehicles) Market: Sales Volume (in Million Units), 2019 & 2024
- Figure 21: Asia-Pacific: Tire (Light Commercial Vehicles) Market Forecast: Sales Volume (in Million Units), 2025-2033
- Figure 22: Asia-Pacific: Tire (Medium and Heavy Commercial Vehicles) Market: Sales Volume (in Million Units), 2019 & 2024
- Figure 23: Asia-Pacific: Tire (Medium and Heavy Commercial Vehicles) Market Forecast: Sales Volume (in Million Units), 2025-2033
- Figure 24: Asia-Pacific: Tire (Two-Wheelers) Market: Sales Volume (in Million Units), 2019 & 2024
- Figure 25: Asia-Pacific: Tire (Two-Wheelers) Market Forecast: Sales Volume (in Million Units), 2025-2033
- Figure 26: Asia-Pacific: Tire (Off-The-Road) Market: Sales Volume (in Million Units), 2019 & 2024
- Figure 27: Asia-Pacific: Tire (Off-The-Road) Market Forecast: Sales Volume (in Million Units), 2025-2033
- Figure 28: Asia-Pacific: Tire (Three-Wheelers) Market: Sales Volume (in Million Units), 2019 & 2024
- Figure 29: Asia-Pacific: Tire (Three- Wheelers) Market Forecast: Sales Volume (in Million Units), 2025-2033
- Figure 30: Asia-Pacific: Tire (Passenger Cars) Market: Breakup by Rim Size (in %), 2024
- Figure 31: Asia-Pacific: Tire (Passenger Cars) Market: Breakup by Tire Size (in %), 2024
- Figure 32: Asia-Pacific: Tire (Passenger Cars) Market: Breakup by Price Range (in %), 2024
- Figure 33: Asia-Pacific: Tire (Light Commercial Vehicles) Market: Breakup by Rim Size (in %), 2024
- Figure 34: Asia-Pacific: Tire (Light Commercial Vehicles) Market: Breakup by Tire Size (in %), 2024
- Figure 35: Asia-Pacific: Tire (Light Commercial Vehicles) Market: Breakup by Price Range (in %), 2024
- Figure 36: Asia-Pacific: Tire (Medium and Heavy Commercial Vehicles) Market: Breakup by Rim Size (in %), 2024
- Figure 37: Asia-Pacific: Tire (Medium and Heavy Commercial Vehicles) Market: Breakup by Tire Size (in %), 2024
- Figure 38: Asia-Pacific: Tire (Medium and Heavy Commercial Vehicles) Market: Breakup by Price Range (in %), 2024
- Figure 39: Asia-Pacific: Tire (Two Wheelers) Market: Breakup by Rim Size (in %), 2024
- Figure 40: Asia-Pacific: Tire (Two Wheelers) Market: Breakup by Tire Size (in %), 2024
- Figure 41: Asia-Pacific: Tire (Two Wheelers) Market: Breakup by Price Range (in %), 2024
- Figure 42: Asia-Pacific: Tire (Three Wheelers) Market: Breakup by Rim Size (in %), 2024
- Figure 43: Asia-Pacific: Tire (Three Wheelers) Market: Breakup by Tire Size (in %), 2024
- Figure 44: Asia-Pacific: Tire (Three Wheelers) Market: Breakup by Price Range (in %), 2024
- Figure 45: Asia-Pacific: Tire (Off-The-Road) Market: Breakup by Rim Size (in %), 2024
- Figure 46: Asia-Pacific: Tire (Off-The-Road) Market: Breakup by Tire Size (in %), 2024
- Figure 47: Asia-Pacific: Tire (Off-The-Road) Market: Breakup by Price Range (in %), 2024
- Figure 48: Asia-Pacific: Tire (Offline) Market: Sales Volume (in Million Units), 2019 & 2024
- Figure 49: Asia-Pacific: Tire (Offline) Market Forecast: Sales Volume (in Million Units), 2025-2033
- Figure 50: Asia-Pacific: Tire (Online) Market: Sales Volume (in Million Units), 2019 & 2024
- Figure 51: Asia-Pacific: Tire (Online) Market Forecast: Sales Volume (in Million Units), 2025-2033
- Figure 52: China: Tire Market: Sales Volume (in Million Units), 2019 & 2024
- Figure 53: China: Tire Market Forecast: Sales Volume (in Million Units), 2025-2033
- Figure 54: India: Tire Market: Sales Volume (in Million Units), 2019 & 2024
- Figure 55: India: Tire Market Forecast: Sales Volume (in Million Units), 2025-2033
- Figure 56: Japan: Tire Market: Sales Volume (in Million Units), 2019 & 2024
- Figure 57: Japan: Tire Market Forecast: Sales Volume (in Million Units), 2025-2033
- Figure 58: Australia: Tire Market: Sales Volume (in Million Units), 2019 & 2024
- Figure 59: Australia: Tire Market Forecast: Sales Volume (in Million Units), 2025-2033
- Figure 60: South Korea: Tire Market: Sales Volume (in Million Units), 2019 & 2024
- Figure 61: South Korea: Tire Market Forecast: Sales Volume (in Million Units), 2025-2033
- Figure 62: Thailand: Tire Market: Sales Volume (in Million Units), 2019 & 2024
- Figure 63: Thailand: Tire Market Forecast: Sales Volume (in Million Units), 2025-2033
- Figure 64: Indonesia: Tire Market: Sales Volume (in Million Units), 2019 & 2024
- Figure 65: Indonesia: Tire Market Forecast: Sales Volume (in Million Units), 2025-2033
- Figure 66: Malaysia: Tire Market: Sales Volume (in Million Units), 2019 & 2024
- Figure 67: Malaysia: Tire Market Forecast: Sales Volume (in Million Units), 2025-2033
- Figure 68: Pakistan: Tire Market: Sales Volume (in Million Units), 2019 & 2024
- Figure 69: Pakistan: Tire Market Forecast: Sales Volume (in Million Units), 2025-2033
- Figure 70: Other Regions: Tire Market: Sales Volume (in Million Units), 2019 & 2024
- Figure 71: Other Regions: Tire Market Forecast: Sales Volume (in Million Units), 2025-2033
- Figure 72: Asia-Pacific: Tire Industry: SWOT Analysis
- Figure 73: Asia-Pacific: Tire Industry: Value Chain Analysis
- Figure 74: Asia-Pacific: Tire Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Asia-Pacific: Tire Market: Key Industry Highlights, 2024 and 2033
- Table 2: Asia-Pacific: Tire Market Forecast: Breakup by Radial/Bias Tires (in Million Units), 2025-2033
- Table 3: Asia-Pacific: Tire Market Forecast: Breakup by End-Use (in Million Units), 2025-2033
- Table 4: Asia-Pacific: Tire Market Forecast: Breakup by Vehicle Type (in Million Units), 2025-2033
- Table 5: Asia-Pacific: Tire Market Forecast: Breakup by Size (in Million Units), 2025-2033
- Table 6: Asia-Pacific: Tire Market Forecast: Breakup by Distribution Channel (in Million Units), 2025-2033
- Table 7: Asia-Pacific: Tire Market Forecast: Breakup by Country (in Million Units), 2025-2033
- Table 8: Asia-Pacific: Tire Market: Competitive Structure
- Table 9: Asia-Pacific: Tire Market: Key Players
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