Lithuania Tyre (Tire) Market Size, Share by Type 2020

Summary

Report Description

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.

Table of content

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

Figures and Tables

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 7: Lithuania 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)

Frequently asked questions

Related Reports

Srishti Verma

Business Consultant

Talk To Analyst

Press Release

India Naphtha Market to Grow with a CAGR of 3.65% through 2030

Apr, 2024

Huge demand for ethylene and propylene in petrochemical sector to produce plastics and growing automotive industry are factors driving the India Naphtha Market in the forecast period 2026-2030.

Lithuania Tyre Market Forecast and Opportunities, 2020

Buy Now