Qatar Tire Market to Grow with a CAGR of 7.87% through 2030
Rising vehicle parc, increasing infrastructure development, and growing
demand for high-performance tires are the factors driving the market in the
forecast period 2026–2030.
According to TechSci Research report, “Qatar Tire Market – Global
Industry Size, Share, Trends, Opportunity, and Forecast, 2020-2030F”,
The Qatar Tire Market was valued at USD 174.54 Million in 2024 and is expected
to reach USD 274.99 Million by 2030 with a CAGR of 7.87% during the forecast
period.
The Qatar tire market is evolving rapidly, shaped by infrastructure
upgrades, regulatory reforms, and shifting consumer expectations. Road
expansions like the Doha Expressways initiative are increasing vehicle activity
and tire wear, driving strong replacement demand. Economic diversification into
logistics and tourism is boosting fleet operations, fueling the need for
durable, high-mileage tires.
Rising incomes and lifestyle changes are pushing demand for premium,
performance-focused tires, especially for SUVs and pickups suited to Qatar’s
harsh climate. Consumers increasingly seek heat-resistant and all-terrain
options, while roadworthiness regulations are promoting timely maintenance
through organized service networks.
International brands are expanding via local distributors and targeted
marketing, capitalizing on Qatar’s high GDP per capita and efficient import
systems. Technology adoption in fleet monitoring and RFID tracking is gaining
traction, positioning Qatar as a high-value, infrastructure-driven tire market
focused on resilience and innovation.
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Qatar Tire Market Is Segmented by Demand
Category, Tire Construction Type, Vehicle Type, and Region.
In 2024, the passenger car
segment was the fastest-growing in Qatar’s tire market, driven by rising
private vehicle ownership and demand for comfort and performance. More
consumers opted for ultra-high-performance and all-season tires due to varied
road conditions and long travel distances. Heat exposure and higher SUV use led
to frequent replacements, boosting demand for durable, low-noise, and
fuel-efficient tires. Easy access to service centers and mobile fitting options
further encouraged timely tire changes.
Al Daayen saw the strongest
regional growth in passenger tire demand, supported by expanding residential
zones and better road connectivity. As more families moved in and vehicle
ownership rose, retailers widened their offerings to meet the demand for quality
tires. The entry of organized tire outlets and maintenance services helped
consumers access high-grade, commuter-friendly tire options, making Al Daayen
the leading growth hub for passenger tire sales in 2024.
Major Market Players
Operating in Qatar Tire Market Are:
- Bridgestone Corporation
- Michelin Group
- The Goodyear Tire & Rubber Company
- Continental AG
- Pirelli & C. S.p.A.
- Yokohama Rubber Company, Limited
- Hankook Tire & Technology Co., Ltd.
- Kumho Tire Co., Inc.
- Sumitomo Rubber Industries, Ltd.
- Toyo Tire Corporation
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As Qatar continues pushing forward with massive
infrastructure upgrades and a growing preference for personal vehicles, the
tire market is seeing strong momentum especially in the passenger car
segment,”. “What we’re seeing on the ground is not just rising demand, but a
shift in consumer mindset. People are now looking for more durable,
heat-resistant, and performance-focused tires that can handle Qatar’s driving
conditions. With road networks expanding and suburbs like Al Daayen growing
fast, it’s becoming clear that this market isn’t just growing—it’s evolving.”,
said Mr. Karan Chechi, Research Director of TechSci Research, a research-based
global management consulting firm.
The report titled “Qatar Tire Market – Size, Share,
Trends, Opportunity, and Forecast, Segmented By Demand Category (OEM,
Replacement), By Tire Construction Type (Radial, Bias), By Vehicle Type
(Passenger Car, Commercial Vehicle, Two-Wheeler), By Region, By Competition, 2020-2030F”,
assesses the market's future growth potential and provides data on market size,
trends, and forecasts. It aims to offer comprehensive market insights, helping
decision-makers make informed investment choices. The report also highlights
emerging trends, key drivers, challenges, and opportunities in the Qatar Tire
Market.
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