Belgium Tyre Market Size, Share 2021 By Type- TechSci Research

Report Description

With a population of around 11.2 million in 2014, Belgium’s vehicle motorization rate stood at around 562 vehicles per 1,000 people. As a result of moderate vehicle ownership, robust road infrastructure, rising living standards, coupled with relatively positive macroeconomic indicators, tire market in the country is expected to witness growth revival over the next five years. Though there are no tire manufacturing plants in Belgium, major tire companies such as Continental, Michelin, Pirelli, Goodyear, Bridgestone, Yokohama, etc., are engaged in selling tires through tire distributors and dealers operating in the country.

According to “Belgium Tyre Market Forecast & Opportunities, 2021”, tire market in Belgium is projected to cross US$ 875 million by 2021. The country’s vehicle fleet is dominated by passenger cars, followed by the commercial vehicles and two-wheelers. As a result, the passenger car tire segment accounted for the largest share in the country’s tire market, and the same trend is expected to continue through 2021. “Belgium Tyre Market Forecast & Opportunities, 2021” report elaborates the following aspects of tire market in Belgium:

Belgium Tire Market Size, Share & Forecast
Segmental Analysis – Passenger Car Tires, Medium & Heavy Commercial Vehicle Tires, Light Commercial Vehicle Tires, Two Wheeler Tires & OTR Tires
Policy & Regulatory Landscape
Changing Market Trends and Emerging Opportunities
Competitive Landscape and Strategic Recommendations

Why You Should Buy This Report?

To gain an in-depth understanding of tire market in Belgium
To identify the on-going trends and segment wise anticipated growth in the coming years
To help industry consultants, tire companies and other stakeholders to align their market-centric strategies
To obtain research based business decision and add weight to presentations and marketing material
To gain competitive knowledge of leading players
To avail 10% customization in the report without any extra charges and get the research data or trends added in the report as per the buyer’s specific needs

Report Methodology

The information contained in this report is based on both primary and secondary sources. Primary research includes interviews with tire companies, distributors, retailers, vehicle manufacturers/assemblers and industry experts. Secondary research includes an exhaustive search of relevant publications such as company annual reports, financial reports and proprietary databases.

Table of content

1. Research Methodology

2. Product Overview

3. Analyst View

4. Belgium Tyre Market Outlook

4.1. Market Size & Forecast

4.1.1. By Value & Volume

4.2. Market Share & Forecast

4.2.1. By Vehicle Type (Passenger Car (PC), M&HCV, LCV, Two-Wheeler and OTR)

4.2.2. By Company

4.2.3. By Region

4.2.4. By Demand Category (OEM vs Replacement)

5. Belgium Passenger Car Tyre Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value & Volume

5.2. Market Share & Forecast

5.2.1. By Vehicle Type (Cross Overs, Hatchbacks, SUVs and Sedans)

5.2.2. By Demand Category (OEM vs Replacement)

6. Belgium Medium & Heavy Commercial Vehicle (M&HCV) Tyre Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value & Volume

6.2. Market Share & Forecast

6.2.1. By Vehicle Type (HCV and MCV)

6.2.2. By Demand Category

7. Belgium Light Commercial Vehicle (LCV) Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value & Volume

8. Belgium Two-Wheeler (2W) Tyre Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value & Volume

9. Belgium Off-The Road (OTR) Tyre Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value & Volume

10. Import-Export Analysis

11. Market Dynamics

11.1. Drivers

11.2. Challenges

12. Market Trends & Developments

12.1. Increasing Online Tyre Sales

12.2. Growing Penetration of Winter Tyres

12.3. Rising Demand for OTR Tyres

12.4. Growing Demand for Electric Vehicles

12.5. Added Safety with TPMS

13. Policy & Regulatory Landscape

14. Belgium Economic Profile

15. Competitive Landscape

15.1. Michelin Belux SA

15.2. Bridgestone Europe S.A

15.3. Pirelli Tyres Belux NV / SA

15.4. N.V. Apollo Vredestein BeLux S.A.

15.5. Hankook Tire

15.6. Nokian Tyres PLC

15.7. N.V. Yokohama Belgium S.A.

15.8. Goodyear Dunlop Tires Belgium N.V.

15.9. Cooper Tire & Rubber Company

15.10. Kumho Tire Co.

16. Strategic Recommendations

Figures and Tables

List of Figures

Figure 1: Belgium Tyre Market Size, By Value (USD Million), By Volume (Million Units), 2011-2021F

Figure 2: Belgium Tyre Market Share, By Vehicle Type, By Volume, 2011-2021F

Figure 3: Belgium Tyre Market Share, By Company, By Volume, 2015-2021F

Figure 4: Belgium Tyre Market Share, By Region, By Volume, 2015 & 2021F

Figure 5: Belgium Tyre Market Share, By Demand Category (OEM vs Replacement), By Volume, 2011-2021F

Figure 6: Belgium Passenger Car Tyre Market Size, By Value (USD Million), By Volume (Million Units), 2011-2021F

Figure 7: Belgium Passenger Car Tyre Market Share, By Vehicle Type, By Volume, 2015-2021F

Figure 8: Belgium Passenger Car Tyre Market Share, By Demand Category (OEM vs Replacement), By Volume, 2011-2021F

Figure 9: Belgium Medium & Heavy Commercial Vehicle Tyre Market Size, By Value (USD Million), By Volume (Million Units), 2011-2021F

Figure 10: Belgium Medium & Heavy Commercial Vehicle Tyre Market Share, By Vehicle Type, By Volume, 2011-2021F

Figure 11: Belgium Medium & Heavy Commercial Vehicle Tyre Market Share, By Demand Category (OEM vs Replacement), By Volume, 2011-2021F

Figure 12: Belgium Light Commercial Vehicle Tyre Market Size, By Value (USD Million), By Volume (Million Unit), 2011-2021F

Figure 13: Belgium Two-wheeler Tyre Market Size, By Value (USD Million), By Volume (Million Units), 2011-2021F

Figure 14: Belgium Off-The-Road Tyre Market Size, By Value (USD Million), By Volume (Thousand Units), 2011-2021F

List of Tables

Table 1: Belgium Automobile Production, By Volume, 2010–2014 (Units)

Table 2: Belgium Automobile Fleet, By Vehicle Type, By Volume, 2011–2014 (Million Units)

Table 3: Belgium Tyre Market Size, By Demand Category (OEM vs Replacement), By Volume, 2011–2021F (Million units)

Table 4: Belgium Passenger Car Sales, 2011-2015 (Units)

Table 5: Belgium Passenger Car Tyre Market Size, By Demand Category (OEM vs Replacement), By Volume, 2011–2021F (Million Unit)

Table 6: Belgium Passenger Car Production, 2010–2015 (Till September) (Units)

Table 7: Belgium Passenger Car Exports, 2010-2015 (Till September) (Units)

Table 8: Belgium Two-Wheeler Sales, By Volume, 2011–2015 (Units)

Table 9: Belgium Two-Wheeler Registration, By Vehicle Type, By Volume, 2011-2015 (Unit)

Table 10: Belgium Major Construction Projects Commenced During 2009-2012, By Project Cost (USD Million)

Table 11: Belgium Major Construction Projects Commenced During 2014-2015, By Project Cost (USD Million)

Table 12: Belgium Tyre Imports, By Value, 2010-2014 (USD Million)

Table 13: Belgium Tyre Exports, By Value, 2010-2014 (USD Million)

Table 14: Belgium Automobile Fleet, By Vehicle Type, By Volume, 2010–2014 (Million Unit)

Table 15: Belgium Online Tyre selling Companies

Table 16: Belgium OTR Tyre Imports, By Value, 2010-2014 (USD Million)

Table 17: Belgium Tyre Trade Tariff Duties, By Product Type & Segment, 2015

Belgium Tyre Market Forecast and Opportunities, 2021

Report Description

Table of content

Figures and Tables

Frequently asked questions