As on date of publishing, this report will capture the impact assessment of COVID-19 on this market and the same will be considered in our market forecast model. Clients purchasing this report between April and June 2020 will be getting a ‘free’ updated market data excel sheet between July and September 2020 accounting for the impact of COVID-19 on the market in the current year 2020 and forecast.

Kuwait tire market was valued USD 0.85 Billion in 2019 and is projected to be valued USD 1.19 Billion by 2025. Anticipated growth in automobile and tire sales is being supported by rising disposable income levels, increasing urbanization, and growing infrastructure and construction sectors in the country. Moreover, replacement demand for tires in the country is mainly addressed through imports, due to absence of domestic tire manufacturing facilities in the country. Kuwait mainly imports tires from Japan, China, South Korea, Thailand, India, US, Germany and Brazil. With favourable government policies and construction projects like Kuwait International Airport Expansion, Kuwait National Rail network expansion, Jahra Road development and Kuwait National Railroad, Kuwait tire market is poised to witness a significant growth over the next five years.

Kuwait tire market is segmented based on vehicle type, demand category, radial vs bias and region. Based on tire type, the market can be segmented into radial vs bias. Among the two, the demand for radial tires is expected to undergo highest growth during the forecast period due to their advantages, such as flexible sidewalls and reduced fuel consumption due to less vibration and resistance over other counterparts.

Major companies operating in Kuwait tire market are Bridgestone Tire Distribution Co. W.L.L, Yokohama Rubber Co. Ltd., Michelin UAE, Goodyear Middle East FZE, Hankook Tire Co. Ltd., Continental AG, Sumitomo Rubber Middle East FZE, Pirelli Tyre(Suisse) SA (Middle East Branch), Toyo Tire & Rubber Co., LTD. and Hangzhou Zhongce Rubber Co. Ltd. (ZC Rubber), among others. Increasing penetration of low priced Chinese tire brands is projected to bite into the share of branded tires in the coming years. However, on the back of high consumer confidence and strong dealership network, premium tire companies are expected to maintain their dominance in Kuwait tire market during the forecast period. Key growth strategies being adopted by leading tire manufacturers are partnerships, collaborations, mergers & acquisitions and joint ventures.

Years considered for this report:

Historical Years: 2015-2018

Base Year: 2019

Estimated Year: 2020

Forecast Period: 2021–2025

Objective of the Study:

  • To analyze and forecast the market size of Kuwait tire market.
  • To classify and forecast Kuwait tire market based on vehicle type, demand category, radial vs bias, company and region.
  • To identify drivers and challenges for Kuwait tire market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Kuwait tire market.
  • To identify and analyze the profile of leading players involved in the manufacturing tires in Kuwait.


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To perform the study, TechSci Research conducted primary as well as exhaustive secondary research. Initially, TechSci Research prepared an exhaustive list of tire dealers operating in the country. Subsequently, TechSci Research conducted primary research surveys, which included primary calls, email responses, etc., with the identified companies. While interviewing, the respondents were also asked about their major competitors. Through this technique, TechSci Research could include manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed product offerings, distribution channels and regional presence of all major tire suppliers across Kuwait.

TechSci Research calculated the market size for Kuwait tire using a bottom-up technique, wherein manufacturers’ volume sales data for different applications, was recorded as well as forecast for the future years. TechSci Research sourced these values from industry experts and company representatives, and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Multiple secondary sources such as directories, databases such as company websites, company annual reports, white papers, investor presentations and financial reports were also studied by TechSci Research.


Key Target Audience:

  • Tire manufacturers, suppliers, distributors and other stakeholders
  • Vehicle manufacturing companies
  • Raw material suppliers
  • Associations, organizations, forums and alliances related to tires
  • Government bodies such as regulatory authorities and policy makers
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for industry stakeholders such as vehicle manufacturers, distributors and dealers, and policy makers. The study would also help the stakeholders to target the growing segments over the coming years, thereby aiding them in taking investment decisions and facilitating their expansion.

Report Scope:

In this report, Kuwait tire market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Kuwait Tire Market, By Vehicle Type:

    • Passenger Car
    • Two-Wheeler
    • Medium & Heavy Commercial Vehicle
    • Light Commercial Vehicle
    • Off-The-Road Vehicle (OTR)
    • Three-Wheeler
  • Kuwait Tire Market, By Demand Category:
    • OEM
    • Replacement
  • Kuwait Tire Market, By Tire Type:
    • Radial vs Bias
  • Kuwait Tire Market, By Region:
    • Al Asimah
    • Al Farwaniya
    • Hawalli
    • Al Ahmadi
    • Rest of Kuwait

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Kuwait tire market.

Available Customizations:

With the given market data, TechSci Research offers customizations according a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

Profit margin analysis in case of direct and indirect sales channel.

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Kuwait Tire Market

4.    Executive Summary

5.    Voice of Customer

5.1.  Brand Awareness & Recall

5.2.  Brand Satisfaction

5.3.  Challenges & Unmet Needs

6.    Kuwait 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 (Passenger Car, LCV, M&HCV, OTR, Two-wheeler and Three -wheeler)

6.2.2.     By Demand Category (OEM Vs. Replacement)

6.2.3.     By Radial Vs Bias

6.2.4.     By Company (2020)

6.2.5.     By Region

6.3.  Market Attractiveness Index

6.3.1.     By Vehicle Type

7.    Kuwait Passenger Car Tire Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value & Volume

7.2.  Market Share & Forecast

7.2.1.     By Vehicle Type

7.2.2.     By Demand Category

7.2.3.     By Radial Vs Bias

7.3.  Market Attractiveness Index

8.    Kuwait Two-Wheeler Tire 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

8.2.3.     By Radial Vs Bias

8.3.  Market Attractiveness Index

9.    Kuwait Medium & Heavy Commercial Vehicle Tire Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value & Volume

9.2.  Market Share & Forecast

9.2.1.     By Vehicle Type

9.2.2.     By Demand Category

9.2.3.     By Radial Vs Bias

9.3.  Market Attractiveness Index

10.  Kuwait Light Commercial Vehicle Tire Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value & Volume

10.2.              Market Share & Forecast

10.2.1.  By Vehicle Type

10.2.2.  By Demand Category

10.2.3.  By Radial Vs Bias

10.3.              Market Attractiveness Index

11.  Kuwait OTR Tire Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value & Volume

11.2.              Market Share & Forecast

11.2.1.  By Vehicle Type

11.2.2.  By Demand Category

11.2.3.  By Radial Vs Bias

11.3.              Market Attractiveness Index

12.  Kuwait Three-Wheeler Tire Market Outlook

12.1.              Market Size & Forecast

12.1.1.  By Value & Volume

12.2.              Market Share & Forecast

12.2.1.  By Vehicle Type

12.2.2.  By Demand Category

12.2.3.  By Radial Vs Bias

12.3.              Market Attractiveness Index

13.  Market Dynamics

13.1.              Drivers

13.2.              Challenges

14.  Import Export Analysis

15.  Market Trends & Developments

16.  Policy and Regulatory & Landscape

17.  Kuwait Economic Profile

18.  Competitive Landscape

18.1.              Competition Outlook

18.2.              Players Profiled (Leading Companies)

18.2.1.  Bridgestone Tire Distribution Co. W.L.L

18.2.1.1.      Company Overview

18.2.1.2.      Products & Services

18.2.1.3.      Financials (If available)

18.2.1.4.      Current & Future Strategy

18.2.1.5.      Key Management

18.2.1.6.      Contact Details

18.2.2.  Yokohama Rubber Co. Ltd.

18.2.3.  Michelin UAE

18.2.4.  Goodyear Middle East FZE

18.2.5.  Hankook Tire Co. Ltd.

18.2.6.  Continental AG

18.2.7.  Sumitomo Rubber Middle East FZE

18.2.8.  Pirelli Tyre(Suisse) SA (Middle East Branch)

18.2.9.  Toyo Tire & Rubber Co., LTD.

18.2.10.                Hangzhou Zhongce Rubber Co. Ltd. (ZC Rubber)

19.  Strategic Recommendations

20.  About Us & Disclaimer

                                                                                       (Note: The companies list can be customized based on the client requirements.)

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com

  • List of Figures

    Figure 1: Kuwait Tire Market - Factors Influencing Purchase Decision (N=75)

    Figure 2: Kuwait Tire Market - Influencer of Purchase (N=75)

    Figure 3: Kuwait Tire Market - Aided Brand Recall (N=75)

    Figure 4: Kuwait Tire Market - Unaided Brand Recall (N=75)

    Figure 5: Kuwait Tire Market Brand Satisfaction Level (N=75)

    Figure 6: Kuwait Tire Market - Brand Satisfaction Level, By Lifetime (N=75)

    Figure 7: Kuwait Tire Market - Brand Satisfaction Level, By Traction (N=75)

    Figure 8: Kuwait Tire Market - Brand Satisfaction Level, By Vehicle Compatibility (N=75)

    Figure 9: Kuwait Tire Market - Brand Satisfaction Level, By Frequency of Breakdown (N=75)

    Figure 10: Kuwait Tire Market Size, By Value (USD Billion), By Volume (Million Unit), 2015-2025F

    Figure 11: Kuwait Tire Market Share, By Vehicle Type, By Volume, 2015-2025F

    Figure 12: Kuwait Tire Market Share, By Radial Vs Bias, By Volume, 2015-2025F

    Figure 13: Kuwait Tire Market Share, By Company, By Volume, 2019 & 2025F

    Figure 14: Kuwait Tire Market Share, By Region, By Volume, 2019 & 2025F

    Figure 15: Kuwait Tire Market Share, By Region, By Volume, 2019-2025F

    Figure 16: Kuwait Tire Market Supply Chain Model

    Figure 17: Kuwait Tire Market Attractiveness Index, By Vehicle Type, By Volume, 2019E-2025F

    Figure 18: Kuwait Passenger Car Tire Market Size, By Value (USD Billion), By Volume (Million Unit), 2015-2025F

    Figure 19: Kuwait Passenger Car Tire Market Share, By Vehicle Type, By Volume, 2015-2025F

    Figure 20: Kuwait Passenger Car Tire Market Share, By Radial Vs Bias, By Volume, 2015-2025F

    Figure 21: Kuwait Passenger Car Tire Market Share, By Company, By Volume, 2019 & 2025F

    Figure 22: Kuwait Passenger Car Tire Average Selling Price, By Y-o-Y Growth Rate, 2015-2025F

    Figure 23: Kuwait Passenger Car Tire Market Attractiveness Index, By Vehicle Type, By Volume, 2019E-2025F

    Figure 24: Kuwait Light Commercial Vehicle Tire Market Size, By Value (USD Billion), By Volume (Million Unit), 2015-2025F

    Figure 25: Kuwait Light Commercial Vehicle Tire Market Share, By Vehicle Type, By Volume, 2015-2025F

    Figure 26: Kuwait Light Commercial Vehicle Tire Market Share, By Radial Vs Bias, By Volume, 2015-2025F

    Figure 27: Kuwait Light Commercial Vehicle Tire Market Share, By Company, By Volume, 2019 & 2025F

    Figure 28: Kuwait Light Commercial Vehicle Tire Average Selling Price, By Y-o-Y Growth Rate, 2015-2025F

    Figure 29: Kuwait Light Commercial Vehicle Tire Market Attractiveness Index, By Vehicle Type, By Volume, 2019E-2025F

    Figure 30: Kuwait Medium & Heavy Commercial Vehicle Tire Market Size, By Value (USD Billion), By Volume (Million Unit), 2015-2025F

    Figure 31: Kuwait Medium & Heavy Commercial Vehicle Tire Market Share, By Vehicle Type, By Volume, 2015-2025F

    Figure 32: Kuwait Medium & Heavy Commercial Vehicle Tire Market Share, By Radial Vs Bias, By Volume, 2015-2025F

    Figure 33: Kuwait Medium & Heavy Commercial Vehicle Tire Market Share, By Company, By Volume, 2019 & 2025F

    Figure 34: Kuwait Medium & Heavy Commercial Vehicle Tire Average Selling Price, By Y-o-Y Growth Rate, 2015-2025F

    Figure 35: Kuwait Medium & Heavy Commercial Vehicle Tire Market Attractiveness Index, By Vehicle Type, By Volume, 2019E-2025F

    Figure 36: Kuwait Two-Wheeler Tire Market Size, By Value (USD Billion), By Volume (Million Unit), 2015-2025F

    Figure 37: Kuwait Two-Wheeler Tire Market Share, By Vehicle Type, By Volume, 2015-2025F

    Figure 38: Kuwait Two-Wheeler Tire Market Share, By Radial Vs Bias, By Volume, 2015-2025F

    Figure 39: Kuwait Two-Wheeler Tire Market Share, By Company, By Volume, 2019 & 2025F

    Figure 40: Kuwait Two-Wheeler Tire Average Selling Price, By Y-o-Y Growth Rate, 2015-2025F

    Figure 41: Kuwait Two-Wheeler Tire Market Attractiveness Index, By Vehicle Type, By Volume,

    2019E-2025F

    Figure 42: Kuwait Off-the-Road Tire Market Size, By Value (USD Billion), By Volume (Million Unit), 2015-2025F

    Figure 43: Kuwait Off-the-Road Tire Market Share, By Vehicle Type, By Volume, 2015-2025F

    Figure 44: Kuwait Off-the-Road Tire Market Share, By Radial Vs Bias, By Volume, 2015-2025F

    Figure 45: Kuwait Off-the-Road Tire Market Share, By Company, By Volume, 2019 & 2025F

    Figure 46: Kuwait OTR Tire Average Selling Price, By Y-o-Y Growth Rate, 2015-2025F

    Figure 47: Kuwait Off-the-Road Tire Market Attractiveness Index, By Vehicle Type, By Volume, 2019E-2025F

     

    List of Tables

    Table 1: Prominent Tire Size in Kuwait Passenger Car Tire Market, 2019

    Table 2: Prominent Tire Size in Kuwait Light Commercial Vehicle Tire Market, 2019

    Table 3: Prominent Tire Size in Kuwait Medium & Heavy Commercial Vehicle Tire Market, 2019

    Table 4: Prominent Tire Sizes in Kuwait Two-Wheeler Tire Market, 2019

    Table 5: Prominent Tire Sizes in Kuwait OTR Tire Market, 2019

    Table 6: Kuwait Tire Imports, By Vehicle Type, By Value, 2015-2019 (USD Million)

    Table 7: Kuwait Tire Exports, By Vehicle Type, By Value, 2015-2019 (USD Million)

    Table 8: Kuwait Import Duties on Tires (Effective Since 2010)

    Table 9: Equivalent Passenger Unit Ratio (EPUs), By Tire Type (Applicable to Tire Importers, Vehicle Manufacturers and Miners)

    Table 10: Equivalent Passenger Unit Ratio (EPUs), By Tire Type (Applicable to Recyclers)