With the GDP of US$ 48.17 billion and a population of around 3 million in 2014, Lithuania is the largest economy among three Baltic states. On 1st January, 2015, Lithuania entered into the Eurozone for improving its economic stability and strengthening its geopolitical security. Consequently, the country’s economy is expected to pick up in the coming years on account of lower trade barriers, efficient regulatory mechanism and anticipated increase in investments towards the manufacturing sectors. All these factors are expected to drive the automobile as well as tire market in the country during the forecast period. 

According to TechSci Research report, “Lithuania Tyre Market Forecast & Opportunities, 2020’’, the passenger car tire segment holds the lion’s share of over 90% in the country’s tire market, in volume terms and this trend is expected to continue over the next five years. In 2014, the passenger car and MHCV segments cumulatively accounted for more than 70% of the automotive sales, followed by the light commercial vehicle and two-wheeler segments. The country’s tire market is driven by the replacement tire demand due to absence of OEMs in the country. Also, as there is no domestic tire manufacturing facility in the country, demand for tires is met by tire imports by leading global tire companies like Goodyear, Michelin, Continental, Pirelli, and Bridgestone. Over the next five years, passenger car tire segment is expected to witness the fastest growth, followed by light commercial vehicle tire, OTR tire, two-wheeler tire and medium & heavy commercial vehicle tire segments. “Lithuania Tyre Market Forecast & Opportunities, 2020” report elaborates following aspects of tire market in Lithuania:

  • Lithuania 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 Lithuania
  • 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 included interviews with tire companies, distributors, retailers and industry experts. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases. 

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.     Research Methodology

2.     Analyst View

3.     Product Overview

4.     Lithuania 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 (PC, M&HCV, OTR, LCV, 2W)

4.2.2. By Company

4.2.3. By Region

5.     Lithuania Passenger Car (PC) 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

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

6.1.   Market Size & Forecast

6.1.1. By Value & Volume

7.     Lithuania OTR Tyre Market Outlook

7.1.   Market Size & Forecast

7.1.1. By Value & Volume

7.2.   Market Share & Forecast

7.2.1. By Vehicle Type

8.     Lithuania Light Commercial Vehicle(LCV) Tyre Market Outlook

8.1.   Market Size & Forecast

8.1.1. By Value & Volume

9.     Lithuania Two-Wheeler Tyre Market Outlook

9.1.   Market Size & Forecast

9.1.1. By Value & Volume

9.2.   Market Share & Forecast

9.2.1. By Vehicle Type

10.  Import-Export Analysis

11.  Market Dynamics

11.1.  Drivers

11.2.  Challenges

12.  Market Trends & Developments

13.  Policy & Regulatory Landscape

14.  Lithuania Economic Profile

15.  Competitive Landscape

15.1.  Bridgestone Tyres

15.2.  Continental Tyres

15.3.  Goodyear Tyres

15.4.  Hankook Tyres

15.5.  Pirelli Tyres

15.6.  Cooper Tyres

15.7.  Toyo Tyres

15.8.  Yokohama Tyres

15.9.  Kumho Tyres

15.10.  General Tyres

16.  Strategic Recommendations

 


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 Figure

     

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

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

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

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

    Figure 5: Lithuania Passenger Car Tyre Market Size, By Value (USD Million), By Volume (Million Units), 2010-2020F

    Figure 6: Lithuania Passenger Car Tyre Market Share, By Vehicle Type, By Volume, 2010-2020F

    Figure 7Lithuania Medium & Heavy Commercial Vehicle Tyre Market Size, By Value (USD Million), By Volume (Million Units), 2010-2020F

    Figure 8: Lithuania OTR Tyre Market Size, By Value (USD Million), By Volume (Million Units), 2010-2020F

    Figure 9: Lithuania OTR Tyre Market Share, By Vehicle Type, By Volume, 2010-2020F

    Figure 10: Lithuania Light Commercial Vehicle Tyre Market, By Value (USD Million), By Volume (Million Units), 2010-2020F

    Figure 11: Lithuania Two Wheeler Tyre Market Size, By Value (USD Million), By Volume (Million Units), 2010-2020F

    Figure 12: Lithuania Two Wheeler Tyre Market Share, By Vehicle Type, By Volume, 2010-2020F

    Figure 13: Lithuania Tyre Imports & Exports, By Value, 2010-2014 (USD Million)

     

    List of Tables

     

    Table 1: Lithuania Passenger Car Sales, By Volume, 2010–2014 (Units)

    Table 2: Lithuania Passenger Car Fleet Size, By Volume, 2010–2014 (Units)

    Table 3: Lithuania Commercial Vehicle Sales, By Volume, 2010–2014 (Units)

    Table 4: Lithuania Commercial Vehicle Fleet Size, By Volume, 2010–2014 (Units)

    Table 5: Lithuania Two-Wheeler Sales, By Volume, 2010–2014 (Units)