Greece Tyre Market to Grow with a CAGR of 4.84% through 2030
Growing vehicle parc, increasing demand for replacement tyres, and
rising focus on fuel-efficient and durable tyre technologies are the factors
driving the market in the forecast period 2026–2030.
According to TechSci Research report, “Greece Tyre Market –
Industry Size, Share, Trends, Opportunity, and Forecast, 2020-2030F”,
The Greece Tyre Market was valued at USD 516.60 Million in 2024 and is expected
to reach USD 685.99 Million by 2030 with a CAGR of 4.84% during the forecast
period.
The Greece tyre market is evolving in response to macroeconomic
recovery, policy-driven automotive renewal programs, and growing digital
penetration in aftermarket sales. With a rebound in new vehicle registrations,
supported by favorable financing schemes and government incentives, there is a
steady rise in both OEM and replacement tyre demand. The influx of electric and
hybrid vehicles is driving product diversification, as tyre manufacturers
respond with models tailored for high torque loads and energy efficiency. A
significant portion of tyre sales is now influenced by digital channels, where
consumers research, compare, and purchase tyres through online platforms,
spurring competition and transparency in pricing. Moreover, the tourism sector
is contributing to tyre consumption spikes through car rentals, intercity bus
operations, and seasonal fleet servicing.
Regulatory alignment with European safety, labeling, and environmental
standards is also shaping product offerings, with an emphasis on rolling
resistance, wet grip, and noise levels. Infrastructure developments, including
road network upgrades and logistics expansions, are boosting demand in the
commercial vehicle segment. Tyre retailers and service networks are investing
in value-added services such as mobile installation and on-demand replacement,
which is redefining convenience and customer expectations. These structural and
behavioral shifts are steadily transforming the dynamics of the Greece tyre
market.
Browse over XX market data Figures spread through XX Pages and an
in-depth TOC on "Greece Tyre Market"
Greece
Tyre Market Is Segmented by Vehicle Type, Tyre Construction Type, Demand
Category, and Region.
In 2024, the replacement
category dominated Greece’s tyre market in terms of volume and value, driven by
the ageing vehicle fleet, periodic wear and tear, and increased consumer
attention to vehicle maintenance. Many passenger cars and commercial vehicles
on Greek roads are over a decade old, prompting frequent tyre replacements to
ensure safety, fuel efficiency, and legal compliance. Urban congestion,
intercity travel, and seasonal driving conditions contribute to faster tread
wear, while periodic inspection standards further enforce timely replacements.
Consumer habits have also shifted, with greater reliance on digital platforms
for tyre selection and installation, boosting aftermarket transactions.
Workshops and service centers are experiencing higher footfall, as vehicle
owners seek value-oriented, durable tyre options with better longevity. Fleet
operators and logistics businesses are rotating tyres more frequently to
optimize uptime, which continues to reinforce the demand in the replacement
sector. This category benefits from a broad price range, offering choices from
budget to premium, allowing wide-scale adoption across income segments.
Among the key regions,
Central Macedonia recorded the fastest growth in tyre demand in 2024, supported
by its extensive commercial transport activity, rising urban car ownership, and
strategic position along major freight corridors. The region’s logistics
operations, agricultural vehicle movements, and daily commuter flow
collectively contributed to tyre consumption across various vehicle types.
Major Market
Players Operating in Greece Tyre Market Are:
- Bridgestone
Corporation
- Michelin
Group
- The
Goodyear Tyres & Rubber Company
- Continental
AG
- Pirelli
& C. S.p.A.
- Yokohama
Rubber Company, Limited
- Hankook
Tyres & Technology Co., Ltd.
- Kumho
Tyres Co., Inc.
- Sumitomo
Rubber Industries, Ltd.
- Toyo
Tyres Corporation
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“The Greece tyre market is going
through an interesting shift. “What we’re seeing isn’t just about more cars on
the road—it’s about how consumer behavior, technology, and infrastructure are
coming together. People are more informed, they’re buying tyres online, asking
questions about performance, sustainability, and even how tyres impact fuel
consumption. At the same time, the ageing vehicle fleet keeps the replacement
segment strong, while electric vehicle growth is nudging manufacturers to
rethink design and durability. It’s no longer a one-size-fits-all market; it’s
becoming layered, responsive, and increasingly customer-driven.”, said Mr.
Karan Chechi, Research Director of TechSci Research, a research-based global
management consulting firm.
“Greece Tyre Market – Size,
Share, Trends, Opportunity, and Forecast, Segmented By Vehicle Type (Passenger
Car, Commercial Vehicle, Two-Wheelers), By Tyre Construction Type (Radial,
Bias), By Demand Category (OEM, Replacement), 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 Greece Tyre Market.
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