Saudi Arabia Retread Tire Market to Grow with a CAGR of 3.8% through 2030
The
Saudi Arabia retread tire market is expanding due to rising fleet operations,
cost-saving demands, sustainability goals, and increased adoption of retreading
in logistics, construction, and industrial transport sectors.
According to
TechSci Research report, “Saudi Arabia Retread Tire Market – By Region, Competition
Forecast & Opportunities, 2030F”, Saudi Arabia Retread Tire Market was valued at
USD 716.83 Million in 2024 and is expected to reach USD 897.64 Million by 2030
with a CAGR of 3.8% during
the forecast period. The Saudi Arabia
Retread Tire Market is witnessing a steady transformation, driven by the
Kingdom's broader emphasis on cost-efficiency, sustainability, and operational
optimization across logistics and industrial sectors. With rising commercial
vehicle utilization across key industries—such as construction, oil and gas,
mining, and public transportation, fleet operators are increasingly turning to
retreaded tires as a practical alternative to new tire purchases. This shift is
not only economically attractive, reducing overall tire expenditures, but also
environmentally beneficial, supporting reduced rubber waste and resource
consumption. The government’s push for circular economy initiatives and the
rising emphasis on localized value chains further position retreading as a
strategic solution in the broader automotive aftermarket.
Despite these
favorable developments, the market faces critical challenges that temper growth
potential. One of the foremost hurdles is the lingering perception of retreaded
tires being inferior in quality and safety compared to new tires. This
skepticism persists among small fleet owners and individual operators, despite
advancements in retreading technologies and adherence to international safety
standards. Additionally, the lack of a robust regulatory framework specifically
governing retread operations has led to a fragmented market, where quality
inconsistencies undermine consumer confidence. Limited access to high-quality
used casings and a shortage of certified retreading facilities in
less-developed regions also restrict scalability and geographic outreach.
Furthermore, rising competition from low-cost new tire imports—especially from
Asian manufacturers—poses pricing pressure on local retreaders, making it
difficult for them to maintain margins without compromising on quality or
service. To overcome these challenges, sustained efforts in awareness-building,
quality assurance, and infrastructure development are essential. The success of
the retread tire market in Saudi Arabia will ultimately hinge on improving
public trust, regulatory support, and strategic investments that align with the
Kingdom’s vision of cost-effective and environmentally sustainable
transportation solutions.
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The Saudi Arabia
Retread Tire market is segmented into vehicle type, demand category and region.
Based on vehicle
type, the Off-the-Road (OTR) segment, which includes mining vehicles,
construction equipment, oil and gas field service trucks, and agriculture
machinery, is a niche but fast-emerging area within Saudi Arabia’s retread tire
market. OTR tires are massive and expensive, often costing several times more
than commercial truck tires, making retreading particularly attractive for
cost-conscious operators. Additionally, due to the extreme loads and harsh
operational environments (e.g., rock quarries, desert construction, and mining
fields), tire wear is accelerated, increasing the frequency of replacement
needs. Retreading offers a practical solution to extend tire usability while
minimizing environmental impact and procurement delays caused by international
shipping of specialty tires. As mega-projects like NEOM, Red Sea Global,
Qiddiya, and new mining ventures under the National Industrial Development and
Logistics Program (NIDLP) accelerate construction activities, demand for
reliable and affordable tire solutions is rising. The OTR segment is also
characterized by greater acceptance of customized tread patterns and compound
mixes, as retreading allows operators to tailor tires for traction, resistance,
or longevity based on specific applications. Though this segment has
historically been underpenetrated, it is expected to be the fastest-growing
vehicle type in the forecast period, driven by increasing infrastructure,
energy, and mining investments.
Based on region,
the Western Region—encompassing key cities like Jeddah, Makkah, Madinah, and
the Red Sea port corridors—is currently the fastest-growing region in the Saudi
Arabia retread tire market. This growth is primarily attributed to booming
commercial activities linked to international trade via the Jeddah Islamic
Port, the expansion of pilgrimage tourism (Hajj and Umrah), and the rise of
large-scale megaprojects like NEOM, The Line, and the Red Sea Project. The
influx of materials and workforce movement has drastically increased the demand
for trucks, buses, and construction vehicles, all of which rely heavily on
durable and cost-effective tire solutions. With this increasing vehicle
utilization, the demand for retread tires has risen sharply, especially among
fleet operators who seek to reduce total ownership costs. In addition, the Western
Region is seeing rapid adoption of advanced tire retreading processes,
supported by growing awareness among fleet managers and a supportive logistics
infrastructure. As tourism, logistics, and construction converge in this
region, it is emerging as the most dynamic in terms of retread market
expansion.
Major companies
operating in Saudi Arabia Retread Tire market are:
- Al-Jawad Tire
Retreading
- General Group
(General Retread)
- Al Howail Tyre
Retreading Factory
- Marangoni
Retreading Systems
- Hankook
- Bridgestone
- Goodyear
- Michelin
- Continental
- Toyo
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“In
recent years, another prominent trend is the increasing influence of circular
economy principles and Environmental, Social, and Governance (ESG) mandates on
procurement decisions in Saudi Arabia. As the Kingdom intensifies its efforts
under Vision 2030 to build a diversified and sustainable economy, government
entities and private enterprises alike are being encouraged—or in some sectors,
required—to adopt greener practices. Tire retreading is being recognized as a
key enabler of the circular economy, as it extends product life, reduces
landfill burden, and significantly cuts carbon emissions associated with new
tire manufacturing. A retreaded tire saves approximately 75 liters of oil and
emits up to 70% fewer greenhouse gases compared to a new one. Major logistics
and industrial companies that are publicly listed or operate internationally
are now factoring ESG criteria into procurement, and retreading is fast
becoming part of those metrics.” Said Mr. Karan Chechi, Research Director of
TechSci Research, a research-based management consulting firm.
Saudi Arabia Retread
Tire Market, By Vehicle Type (OTR, Truck, Bus), By Demand
Category (OEM, Replacement), By
Region, Competition, Forecast & Opportunities,2020-2030F”, has evaluated the future growth
potential of Saudi Arabia Retread Tire market and provides statistics &
information on market size, structure and future market growth. The report
intends to provide cutting-edge market intelligence and help decision makers
take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in the Saudi Arabia Retread Tire market.
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