Estonia is a country located in the Baltic region of Northern Europe. Though the country’s economy is considered to be one of the stable economies among other Baltic countries, owing to Eurozone Crisis, Estonia’s economy has been going through a sluggish growth phase since 2013, which consequently, impacted the growth of all the sectors, including the automotive sector. As of 2015, Estonia’s tire market was entirely import driven as no tire manufacturing facility was located in the country. In Estonia, automobile sales grew at a CAGR of over 6% during 2011-2015, and are poised to demonstrate a similar trend during the forecast period as well on account of rising disposable income, increasing urbanization and growing infrastructure sector in the country. Moreover, expansion in the vehicle fleet size coupled with increasing FDI inflows in the infrastructure sector are expected to positively influence the country’s tire market over the next five years.

According to Estonia Tire Market Forecast & Opportunities, 2021, the tire market in Estonia is projected to grow at a CAGR of more than 6% during 2016 - 2021. The vehicle fleet of the country is dominated by the passenger car segment, followed by the commercial vehicle segment. As a result, the passenger car tire segment held the largest volume share in the country’s tire market in 2015 and its dominance is anticipated to continue during the forecast period as well. Leading global tire companies operating in Estonia include Continental, Michelin, Goodyear and Bridgestone, among others. Estonia Tire Market Forecast & Opportunities, 2021” discusses the following aspects of Estonia tire market:

  • Estonia Tire Market Size, Share & Forecast
  • Segmental Analysis – Passenger Car Tires, Medium and Heavy Commercial Tires, Light Commercial Vehicle Tires, OTR Tires & Two Wheeler 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 Estonia
  • To identify the on-going trends and segment wise anticipated growth in the coming years
  • To help industry consultants, tire companies and other stakeholders 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 and industry experts. Secondary research includes an exhaustive search of relevant publications such as company annual reports, financial reports and proprietary databases.

1.       Product Overview

2.       Research Methodology       

3.       Analyst View

4.       Estonia Tire 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), LCV, M&HCV, OTR and 2W)    

4.2.2.By Region

4.2.3.By Company

5.       Estonia Passenger Car (PC) Tire Market Outlook

5.1.    Market Size & Forecast

5.1.1.By Value & Volume

5.2.    Market Share & Forecast            

5.2.1.By Vehicle Type (SUV & MPV, Small & Compact Car, Sedan and Others)

5.3.    Passenger Car Prominent Tire Sizes and Price Analysis

6.       Estonia Off-the-Road (OTR) Tire Market Outlook     

6.1.    Market Size & Forecast

6.1.1.By Value & Volume

6.2.    Market Share & Forecast            

6.2.1.By Vehicle Type (Mining, Construction & Industrial Equipment; Agricultural Vehicles and Others)

6.3.    Prominent Agriculture Tire Sizes and Price Analysis

6.4.    Prominent Industrial Tire Sizes and Price Analysis

7.       Estonia Medium & Heavy Commercial Vehicle (M&HCV) Tire Market Outlook

7.1.    Market Size & Forecast

7.1.1.By Value & Volume

7.2.    Medium & Heavy Commercial Vehicle Prominent Tire Sizes and Price Analysis

8.       Estonia Light Commercial Vehicle (LCV) Tire Market Outlook

8.1.    Market Size & Forecast

8.1.1.By Value & Volume

8.2.    Light Commercial Vehicle Prominent Tire Sizes and Price Analysis

9.       Estonia Two-Wheeler Tire Market Outlook

9.1.    Market Size & Forecast

9.1.1.By Value & Volume

9.2.    Two-Wheeler Prominent Tire Sizes and Pricing Analysis

10.   Import-Export Analysis

11.   Market Dynamics

11.1.Drivers

11.2.Challenges

12.   Market Trends & Developments

12.1.Growth in Domestic Retread Tire Market

12.2.Increasing Penetration of Winter Tires

12.3.Rising Automotive Sales

12.4.Rising Internet Penetration Leading to Increased Online Tire Sales

12.5.Increasing Penetration of Chinese Tires

13.   Policy & Regulatory Landscape

14.   Estonia Economic Profile

15.   Competitive Landscape

15.1.Bridgestone Baltic SIA

15.2.Goodyear Dunlop Tires Baltic OÜ

15.3.Compagnie Generale des Etablissements Michelin

15.4.Continental Aktiengesellschaft (AG)

15.5.Pirelli & C. S.p.A.

15.6.Toyo Tire & Rubber Co., Ltd

15.7.Hankook Tire Company Ltd.

15.8.Yokohama Scandinavia AB

15.9.Nokian Tyres PLC

15.10.   Nokian Tyres PLC

16.   Strategic Recommendations

  • List of Figures

    Figure 1: Estonia Tire Market Size, By Value (USD Million), By Volume (Thousand Units), 2011-2021F

    Figure 2: Facts About Estonia’s Automotive Industry, 2015

    Figure 3: Estonia Tire Market Share, By Vehicle Type, By Volume, 2011-2021F

    Figure 4: Estonia Tire Market Share, By Region, By Volume, 2015 & 2021F

    Figure 5: Estonia Tire Market Share, By Region, By Volume, 2015-2021F

    Figure 6: Estonia Tire Market Share, By Company, By Volume, 2015-2021F

    Figure 7: Estonia Passenger Car Tire Market Size, By Value (USD Million), By Volume (Thousand Units), 2011-2021F

    Figure 8: Estonia Passenger Car Tire Market Share, By Vehicle Type, By Volume, 2011-2021F

    Figure 9: Estonia Prominent Passenger Car Tires, Average Selling Price (ASP), By Size, 2015 (USD per Unit)

    Figure 10: Estonia Off-The-Road (OTR) Tire Market Size, By Value (USD Million), By Volume (Thousand Units), 2011-2021F

    Figure 11: Estonia Off-The-Road Tire Market Share, By Vehicle Type, By Volume, 2011-2021F

    Figure 12: Estonia Prominent Agricultural Tire, Average Selling Price (ASP), By Size, 2015 (USD per Unit)

    Figure 13: Estonia Prominent Industrial Tire, Average Selling Price (ASP), By Size, 2015 (USD per Unit)

    Figure 14: Estonia Medium & Heavy Commercial Vehicle (M&HCV) Tire Market Size, By Value (USD Million), By Volume (Thousand Unit), 2011-2021F

    Figure 15: Estonia Prominent M&HCV Tire, Average Selling Price (ASP), By Size, 2015 (USD per Unit)

    Figure 16: Estonia Light Commercial Vehicle (LCV) Tire Market Size, By Value (USD Million), By Volume (Thousand Units), 2011-2021F

    Figure 17: Estonia Prominent LCV Tire, Average Selling Price (ASP), By Size, 2015 (USD per Unit)

    Figure 18: Estonia Two-Wheeler Tire Market Size, By Value (USD Million), By Volume (Thousand Unit), 2011-2021F

    Figure 19: Estonia Two-Wheeler Tire Market Share, By Vehicle Type, By Volume, 2011-2021F

    Figure 20: Estonia Prominent Two-Wheeler Tire, Average Selling Price (ASP), By Size, 2015 (USD per Unit)

    Figure 21: Estonia Passenger Car Tire Imports, By Value, 2011-2015 (USD Million)

    Figure 22: Estonia Commercial Vehicle Tire Imports, By Value, 2011-2015 (USD Million)

    Figure 23: Estonia Two-Wheeler Tire Imports, By Value, 2011-2015 (USD Million)

    Figure 24: Estonia Off-The-Road Tire Imports, By Value, 2011-2015 (USD Million)

    Figure 25: Estonia Tire Imports Share, By Vehicle Type, By Value, 2015

    Figure 26: Estonia Passenger Car Tire Exports, By Value, 2011-2015 (USD Million)

    Figure 27: Estonia Commercial Vehicle Tire Exports, By Value, 2011-2015 (USD Million)

    Figure 28: Estonia Two-Wheeler Tire Exports, By Value, 2011-2015 (USD Million)

    Figure 29: Estonia Off-The-Road Tire Exports, By Value, 2011-2015 (USD Million)

    Figure 30: Estonia Tire Exports Share, By Vehicle Type, By Value, 2015

    Figure 31: Internet Users in Estonia (per 100 people), 2011-2014 (%)

     

    List of Tables

    Table 1: Estonia Automotive Sale, By Volume, 2011–2015 (Units)

    Table 2: Estonia Foreign Direct Investments, By Economic Activity, 2015 (USD Million)

    Table 3: Estonia Passenger Car Sales, By Volume, 2011-2015 (Units)

    Table 4: Estonia Passenger Car Sales, By Company, By Volume, 2014, 2015 (Units)

    Table 5: Estonia Passenger Car Tire Market Size, By Vehicle Type, By Volume, 2011-2021F (Thousand Units)

    Table 6: Estonia Prominent Passenger Car Model Sales, By Company, By Passenger Car Vehicle Type, By Volume, 2015 (Units)

    Table 7: Estonia Light Commercial Vehicle Sales, By Volume, 2011-2015 (Units)

    Table 8: Estonia Light Commercial Vehicle ASP, By Volume, 2011-2015

    Table 9: Estonia Automobile Fleet, By Vehicle Type, By Volume, 2011-2015 (Thousand Units)

    Table 10: Estonia Foreign Direct Investments (FDI), By Country, 2015 (USD Million)

    Table 11: Estonia Retread Tire Imports, By Volume, 2011-2015 (Thousand Units)

    Table 12: Estonia Automobile Sales, By Vehicle Type, By Volume, 2011-2015 (Units)