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Europe Tire Market Report 2025–2030: Size, Share & Forecast

  • Writer: Amit Kumar
    Amit Kumar
  • 10 minutes ago
  • 5 min read

According to recent findings, 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. 

At MarkNtel Advisors, we continuously monitor and analyze industry trends to provide reliable insights that support informed decision-making and the key factors contributing to the market's promising outlook.

Europe Tire Overview:

The growth of the market would be propelled mainly by the increasing sales of vehicles due to the changing living standards and greater inclination of the people toward private vehicle ownership across Europe, i.e., directly impacting the demand for tires. As car owners across Europe are becoming increasingly aware of the importance of timely tire inspection & replacement to ensure utmost safety & excellent driving experience, more and more tire manufacturers are expanding their production facilities in the region. As a result, the tire industry in Europe is expanding at a rapid pace & generating lucrative prospects for the leading tire makers, thus enhancing the Europe Tire Market size as well.

Explore the Insights – Download a Sample Report for Free: https://www.marknteladvisors.com/query/request-sample/europe-tire-market.html

Europe Tire Outlook and Future Trends :

Emerging Smart Tire Innovation – Technological advancement is a pivotal force boosting the Europe tire market’s growth trajectory. Leading manufacturers are investing in smart tire technologies, integrating sensors for real-time monitoring of pressure, temperature, and tread wear, which enhances safety and enables predictive maintenance. Innovations such as airless tires, advanced tread designs, and the use of nano-materials and silica compounds are improving durability, traction, and energy efficiency, especially for electric and high-performance vehicles. Also, artificial intelligence is also being utilized for wear forecasting and optimizing tire life cycles. These advancements not only meet the stringent EU safety and environmental regulations but also cater to the evolving needs of consumers and fleets seeking longer-lasting, eco-friendly, and high-performance tires, thereby driving sustained market expansion.

Global Europe Tire Segmentation Analysis:

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

According to reports, Of them all, passenger cars, which include sedans, hatchbacks, SUVs, & sports cars, dominate the Europe Tire Market with the largest share.

By Demand Category

  • OEM- Market Size & Forecast 2020-2030, Thousand Units

  • Replacement- Market Size & Forecast 2020-2030, Thousand Units

According to reports, Here, the Replacement demand category dominated the Europe Tire market with the largest share in previous years, and the same trend is likely during the forecast period. 

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

  • 1” to 15”- Market Size & Forecast 2020-2030, Thousand Units

  • 1” to 20”- Market Size & Forecast 2020-2030, Thousand Units

  • 1” to 20”- Market Size & Forecast 2020-2030, Thousand Units

  • 1” to 26”- Market Size & Forecast 2020-2030, Thousand Units

  • 1to 35”- Market Size & Forecast 2020-2030, Thousand Units

    • 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.

According to reports, Of all countries across Europe, France is more likely to dominate the Tire Market with the largest share during 2025-30.

For deeper insights into the market, explore the summary of the research report – https://www.marknteladvisors.com/research-library/europe-tire-market.html

Some of the Market players in the Global Europe Tire are:

  • Michelin

  • Continental

  • Bridgestone

  • Pirelli

  • Dunlop

  • Hankook

  • Goodyear

  • Nokian

  • Yokohama

  • Cooper Tires

  • Others

  • Kumho

  • Vredestein

  • Toyo

  • Others.

Europe Tire 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.

Report Delivery Format – Market research reports from MarkNtel Advisors are delivered in PDF, Excel, and PowerPoint formats. Once the payment is successfully processed, the report will be sent to your registered email within 24 hours.

Key Highlights of the Report – Unlock Valuable Market Insights

  • Market Size, Share & Future Projections – Understand the current market dimensions and forecasted growth trajectory.

  • In-Depth Pricing Analysis – Get clarity on pricing trends and cost structures across segments.

  • Company Strategies & Developments – Discover recent mergers, acquisitions, partnerships, and innovations.

  • Key Stakeholders & Value Chain Insights – Identify the main players and their roles within the industry ecosystem.

  • Import & Export Dynamics – Analyze global trade flows, regional export trends, and supply chain movements.

  • Competitive Benchmarking – Gain a clear view of the leading companies and their market positioning.

  • Emerging Growth Opportunities – Spot untapped areas and niche markets for potential investment.

  • Market Trends & Growth Drivers – Stay ahead with insights into evolving consumer behavior and industry indicators.

Research Methodology Summary

A systematic approach is used to ensure accurate market insights, combining both bottom-up and top-down methods. Data triangulation validates findings from multiple angles.

Key Steps:

  • Define objectives and research design

  • Collect data through surveys and interviews

  • Analyze and validate data using reliable tools

  • Forecast trends and deliver actionable insights

Read Blog:

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.

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