Colombia is the third largest economy in Latin America, after Brazil and Mexico. On account of expanding vehicle fleet, increase in sales &production of automobiles, and favorable government policies, automobile market in Columbia is expected to grow at a nominal rate over the next five years, in turn fueling the demand for tires in the country. Despite the falling oil prices, oil being an important part of the country’s exports, Columbia is expected to continue to grow and develop on account of strong fiscal policies. In 2014, tire market in Columbia was dominated by two-wheeler tire segment, which captured a volume share of around 50%, in the market, followed by passenger car tire segment, commercial vehicle tire segment and OTR tire segment. 

According to “Colombia Tyre Market Forecast & Opportunities, 2020’’, the replacement tire market in Colombia accounted for more than 80% of the market share in 2014, and the dominance of this segment is expected to continue during the forecast period as well. Apart from Goodyear, which has a tire production plant in the country, some other leading global companies operating in Columbia tire market are Michelin, Hankook, Continental, and Bridgestone. Two-wheelers account for around two-third of the country’s vehicle fleet, due to which the demand for two-wheeler tires is the maximum, compared to other tire segments. The same trend is expected to continue during the next five years as well. “Colombia Tyre Market Forecast & Opportunities, 2020” elaborates on the following aspects of tire market in Colombia:

  • Colombia Tire Market Size, Share & Forecast
  • Segmental Analysis – Passenger Car Tires, Light Commercial Vehicle Tires, Medium & Heavy Commercial Tires, Two-Wheeler Tires and 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 Colombia
  • To identify the on-going trends and segment wise anticipated growth in the next five years
  • To help industry consultants, tire companies and other stakeholders align their market-centric strategies
  • To obtain research based business decisions, 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 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 included interviews with tire companies, distributors, vehicle manufacturers/assemblers, and industry experts. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases. 

1.     Research Methodology

2.     Analyst View

3.     Product Overview

4.     Colombia Tyre manufacture Production Capacity

5.     Colombia 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 (CV, PC,2W & OTR)

5.2.2. By Company

5.2.3. By Region

5.2.4. By Demand Category (OEM vs Replacement)

6.     Colombia Commercial Vehicle (CV) 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

6.2.2. By Demand Category (OEM vs Replacement)

7.     Colombia Two-Wheeler (2W) Tyre Market Outlook

7.1.   Market Size & Forecast

7.1.1. By Value & Volume

8.     Colombia Passenger Car (PC) Tyre Market Outlook

8.1.   Market Size & Forecast

8.1.1. By Value & Volume

8.2.   Market Share & Forecast

8.2.1. By Vehicle Type

8.2.2. By Demand Category (OEM vs Replacement)

9.     Colombia 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

13.  Policy & Regulatory Landscape

14.  Colombia Economic Profile

15.  Competitive Landscape

15.1.  Goodyear Tyre

15.2.  Bridgestone Tyre

15.3.  Michelin Tyre

15.4.  Pirelli Tyre

15.5.  Kenda Tyre

15.6.  Continental Tyre

15.7.  Sumitomo Rubber Industries

15.8.  Nexen Tyre

15.9.  Kumho Tyre

15.10.   General Tyre

16.  Strategic Recommendations

 


  • List of Figures

     

    Figure 1: Colombia Tyre Market Size, By Value (USD Million), By Volume (Million Units), 2010-2020F

    Figure 2: Colombia Tyre Market Share, By Vehicle Type, By Volume, 2010-2020F

    Figure 3: Colombia Tyre Market Share, By Company, 2014-2020F

    Figure 4: Colombia Tyre Market Share, By Region, By Volume, 2014 & 2020F

    Figure 5: Colombia Tyre Market Share, By Demand Category, By Volume, 2014-2020F

    Figure 6: Colombia Commercial Vehicle Tyre Market, By Value (USD Million), By Volume (Million Units), 2010-2020F

    Figure 7: Colombia Commercial Vehicle Tyre Market Share, By Vehicle Type, By Volume, 2010-2020F

    Figure 8: Colombia Commercial Vehicle Tyre Market Share, By Demand Category, By Volume, 2014-2020F

    Figure 9: Colombia Two Wheeler Tyre Market Size, By Value (USD Million), By Volume (Million Units), 2010-2020F

    Figure 10: Colombia Passenger Car Tyre Market Size, By Value (USD Million), By Volume (Million Units), 2010-2020F

    Figure 11: Colombia Passenger Car Tyre Market Share, By Vehicle Type, By Volume, 2010-2020F

    Figure 12: Colombia Passenger Car Tyre Market Share, By Demand Category, By Volume, 2014-2020F

    Figure 13: Colombia OTR Tyre Market Size, By Value (USD Million), By Volume (Million Units), 2010-2020F

    Figure 14: Colombia Tyre Imports & Exports, By Volume, 2010-2013 (Million Units)

     

    List of Tables

     

    Table 1: Colombia Commercial Vehicle Production, By Volume, 2010–2014 (Units)

    Table 2: Colombia Commercial Vehicle Sales, By Volume, 2010–2014 (Units)

    Table 3: Colombia Commercial Vehicle Fleet Size, By Volume, 2010–2014 (Units)

    Table 4: Colombia Passenger Car Production, By Volume, 2010–2014 (Units)

    Table 5: Colombia Passenger Car Sales, By Volume, 2010–2014 (Units)

    Table 6: Colombia Passenger Car Fleet Size, By Volume, 2010–2014 (Units)