Market by Tire Type, Rim Size, Distribution Channel, and Country Outlook | Forecast 2022-2028
According to Triton’s
research report, the tire aftermarket, tire replacement market in Europe is
estimated to witness growth at a CAGR of
4.04% during the forecasted years 2022-2028.
Report scope can be customized per your requirements - Request Free Sample Report
The
countries reviewed in the region comprise:
•
The United Kingdom
•
Germany
•
France
•
Spain
•
Italy
• Slovakia
• Czech
Republic
•
Rest of Europe
Germany
accounts for a majority of shares in the tire aftermarket, tire replacement
market. In the region,
the growing safety awareness and stringent regulations have increased the
demand for tire replacement. Another factor is the growing initiatives by
various governments that heavily contributes to the expansion of the tire
aftermarket, tire replacement market.
Given the rise in the energy crisis induced by
the war, the need for fuel-efficient tires has grown immensely across Germany.
The aftermarket segment has gained immense traction with increased service
focus and product innovation. Further, the rise in R&D investments in the
automotive sector and increasing consumer spending power fuels the tire
aftermarket, tire replacement market.
Additionally, several German tire firms have
surged their market share via new launches and acquisitions. For instance,
several players are developing eco-friendly tires, which significantly widens
the studied market’s scope across the nation.
In France, the market’s growth is majorly
supported by the increase in tire average selling price, a fleet of vehicles,
etc. Besides, the rise in the internet has led various e-commerce websites to
supply tired with beneficial bargains and offers. Such developments are thus
expected to boost the tire aftermarket, tire replacement market’s progression.
The original equipment supplier channel in the
market prevents client base loss by providing extended warranties and
subscription services. They also facilitate preventative maintenance and
in-vehicle diagnostics via digitalization to ensure faster service. The market is segmented into the
distribution channel, tire size, and rim size. The distribution channel is
bifurcated into original equipment supplier and independent aftermarket.
The
notable companies in the market comprise Michelin, Goodyear Tires, Apollo
Tyres, MRF, Sumitomo Rubber Industries Ltd, and Bridgestone Corporation.
Michelin offers tire and mobility services for
scooters, vans, cars, trucks, and bicycles, among others. The company also
offers maintenance and management services, mobility assistance, vehicle
accessories, and others. It also develops energy-efficient radial tires, along
with agricultural and aircraft tires. Michelin operates via various
distribution facilities globally, with headquarters in Clermont-Ferrand,
France.
Key deliverables of the report:
● Market CAGR during the forecasting years 2022-2028
● Detailed data highlighting key insights, industry components, and market strategies
● Comprehensive information and estimation of the tire aftermarket, tire replacement market revenue growth in Europe and its influence on the parent market
● In-depth study of forthcoming trends in consumer behavioral patterns
● A meticulous analysis of the competitive landscape, vendor scorecard, and Porter’s Five Forces
●
A wide-ranging study of factors that will challenge the Europe
tire aftermarket, tire replacement market’s growth during the upcoming years
Want to get specific insights? Our team of
analysts can customize this report based on your preferences. Connect with us here.
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VIEW REPORT1. EUROPE
TIRE AFTERMARKET, TIRE REPLACEMENT MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. KEY INSIGHTS
2.1.1. GROWING
INCLINATION TOWARD THE DEVELOPMENT OF AIRLESS TIRES
2.1.2. TIRE
CUSTOMIZATION AND PERSONALIZATION ACCELERATE MARKET EXPANSION
2.2. IMPACT
OF COVID-19 ON THE TIRE AFTERMARKET, TIRE REPLACEMENT MARKET
2.3. PORTER’S
FIVE FORCES ANALYSIS
2.3.1. THREAT
OF NEW ENTRANTS
2.3.2. THREAT
OF SUBSTITUTES
2.3.3. BARGAINING
POWER OF BUYERS
2.3.4. BARGAINING
POWER OF SUPPLIERS
2.3.5. THREAT
OF COMPETITIVE RIVALRY
2.4. MARKET
ATTRACTIVENESS INDEX
2.5. VENDOR
SCORECARD
2.6. KEY
MARKET STRATEGIES
2.6.1. MERGERS
& ACQUISITIONS
2.6.2. PRODUCT
LAUNCHES & DEVELOPMENTS
2.6.3. PARTNERSHIPS
2.6.4. BUSINESS
EXPANSIONS & DIVESTITURES
2.7. MARKET
DRIVERS
2.7.1. SPIKE
IN DEMAND FOR FUEL-EFFICIENT TIRES
2.7.2. MANDATORY
TIRE LABELING NORMS
2.8. MARKET
CHALLENGE
2.8.1. UNCERTAINTY
IN THE PRICING OF AUTOMOTIVE RAW MATERIALS
2.9. MARKET
OPPORTUNITY
2.9.1. ELECTRIC
VEHICLE TIRE REPLACEMENT IS A LUCRATIVE SEGMENT
3. EUROPE
TIRE AFTERMARKET, TIRE REPLACEMENT MARKET - BY TIRE TYPE
3.1. RADIAL
TIRE
3.2. BIAS
TIRE
4. EUROPE
TIRE AFTERMARKET, TIRE REPLACEMENT MARKET - BY RIM SIZE
4.1. 13- 15
INCHES
4.2. 16 -18
INCHES
4.3. 19-21
INCHES
4.4. MORE
THAN 21 INCHES
5. EUROPE
TIRE AFTERMARKET, TIRE REPLACEMENT MARKET - BY DISTRIBUTION CHANNEL
5.1. ORIGINAL
EQUIPMENT SUPPLIER (OES)
5.2. INDEPENDENT
AFTERMARKET (IAM)
6. EUROPE
TIRE AFTERMARKET, TIRE REPLACEMENT MARKET – COUNTRY OUTLOOK
6.1. UNITED
KINGDOM
6.2. GERMANY
6.3. FRANCE
6.4. SPAIN
6.5. ITALY
6.6. SLOVAKIA
6.7. CZECH
REPUBLIC
6.8. REST
OF EUROPE
7. COMPETITIVE
LANDSCAPE
7.1. MICHELIN
7.2. BRIDGESTONE
CORPORATION
7.3. CONTINENTAL
AG
7.4. GOODYEAR
TIRES
7.5. PIRELLI
& C SPA
7.6. SUMITOMO
RUBBER INDUSTRIES LTD
7.7. TOYO
TIRES
7.8. THE
YOKOHAMA RUBBER CO LTD
7.9. APOLLO
TYRES
7.10. MRF
7.11. CEAT
LIMITED
7.12. NEXEN
TIRE CORPORATION
7.13. HANKOOK
TIRE & TECHNOLOGY CO LTD
7.14. JK
TYRE
7.15. MAXXIS
8. RESEARCH
METHODOLOGY & SCOPE
8.1. RESEARCH
SCOPE & DELIVERABLES
8.2. SOURCES
OF DATA
8.3. RESEARCH
METHODOLOGY
TABLE 1: EUROPE TIRE
AFTERMARKET, TIRE REPLACEMENT MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $
BILLION)
TABLE 2: VENDOR SCORECARD
TABLE 3: LISTS THE MERGERS
& ACQUISITIONS
TABLE 4: LIST OF PRODUCT
LAUNCHES & DEVELOPMENTS
TABLE 5: LIST OF PARTNERSHIPS
TABLE 6: LIST OF INVESTMENTS
TABLE 7: EUROPE TIRE
AFTERMARKET, TIRE REPLACEMENT MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $
BILLION)
TABLE 8: EUROPE TIRE
AFTERMARKET, TIRE REPLACEMENT MARKET, BY TIRE TYPE, 2022-2028 (IN $ BILLION)
TABLE 9: EUROPE TIRE
AFTERMARKET, TIRE REPLACEMENT MARKET, BY RIM SIZE, 2022-2028 (IN $ BILLION)
TABLE 10: EUROPE TIRE
AFTERMARKET, TIRE REPLACEMENT MARKET, BY DISTRIBUTION CHANNEL, 2022-2028 (IN $
BILLION)
FIGURE 1: MARKET
ATTRACTIVENESS INDEX
FIGURE 2: EUROPE TIRE
AFTERMARKET, TIRE REPLACEMENT MARKET, BY TIRE TYPE, 2021 & 2028 (IN %)
FIGURE 3: EUROPE TIRE
AFTERMARKET, TIRE REPLACEMENT MARKET, BY RADIAL TIRE, 2022-2028 (IN $ BILLION)
FIGURE 4: EUROPE TIRE
AFTERMARKET, TIRE REPLACEMENT MARKET, BY BIAS TIRE, 2022-2028 (IN $ BILLION)
FIGURE 5: EUROPE TIRE
AFTERMARKET, TIRE REPLACEMENT MARKET, BY RIM SIZE, 2021 & 2028 (IN %)
FIGURE 6: EUROPE TIRE
AFTERMARKET, TIRE REPLACEMENT MARKET, BY 13- 15 INCHES, 2022-2028 (IN $
BILLION)
FIGURE 7: EUROPE TIRE
AFTERMARKET, TIRE REPLACEMENT MARKET, BY 16 -18 INCHES, 2022-2028 (IN $
BILLION)
FIGURE 8: EUROPE TIRE AFTERMARKET,
TIRE REPLACEMENT MARKET, BY 19 -21 INCHES, 2022-2028 (IN $ BILLION)
FIGURE 9: EUROPE TIRE
AFTERMARKET, TIRE REPLACEMENT MARKET, MORE THAN 21 INCHES, 2022-2028 (IN $
BILLION)
FIGURE 10: EUROPE TIRE
AFTERMARKET, TIRE REPLACEMENT MARKET, BY DISTRIBUTION CHANNEL, 2021 & 2028
(IN %)
FIGURE 11: EUROPE TIRE
AFTERMARKET, TIRE REPLACEMENT MARKET, BY ORIGINAL EQUIPMENT SUPPLIER (OES),
2022-2028 (IN $ BILLION)
FIGURE 12: EUROPE TIRE
AFTERMARKET, TIRE REPLACEMENT MARKET, BY INDEPENDENT AFTERMARKET (IAM), 2022-2028
(IN $ BILLION)
FIGURE 13: EUROPE TIRE
AFTERMARKET, TIRE REPLACEMENT MARKET, BY COUNTRY OUTLOOK, 2021 & 2028 (IN
%)
FIGURE 14: UNITED KINGDOM TIRE
AFTERMARKET, TIRE REPLACEMENT MARKET 2022-2028 (IN $ BILLION)
FIGURE 15: GERMANY TIRE
AFTERMARKET, TIRE REPLACEMENT MARKET 2022-2028 (IN $ BILLION)
FIGURE 16: FRANCE TIRE
AFTERMARKET, TIRE REPLACEMENT MARKET 2022-2028 (IN $ BILLION)
FIGURE 17: SPAIN TIRE
AFTERMARKET, TIRE REPLACEMENT MARKET 2022-2028 (IN $ BILLION)
FIGURE 18: ITALY TIRE
AFTERMARKET, TIRE REPLACEMENT MARKET 2022-2028 (IN $ BILLION)
FIGURE 19: SLOVAKIA TIRE
AFTERMARKET, TIRE REPLACEMENT MARKET 2022-2028 (IN $ BILLION)
FIGURE 20: CZECH REPUBLIC TIRE
AFTERMARKET, TIRE REPLACEMENT MARKET 2022-2028 (IN $ BILLION)
FIGURE 21: REST OF EUROPE TIRE
AFTERMARKET, TIRE REPLACEMENT MARKET 2022-2028 (IN $ BILLION)