Automotive
| November, 2020

Luxembourg Tire Market By Vehicle Type (Passenger Car, LCV, M&HCV, OTR, Two-Wheeler), By Demand Category (OEM Vs. Replacement), By Radial Vs Bias, By Region, Forecast & Opportunities, 2015- 2025

Luxembourg tire market was valued USD 0.13 Billion in 2019 and is forecast to grow at CAGR of around 3% during the forecast period. Rise in vehicle registration, rise in disposable income and easy availability of easy finance options are contributing to increased sales of automobiles which is driving the growth of the tire market.

Luxembourg tire market is segmented based on vehicle type, demand category, radial vs bias and region. Based on vehicle type, the market can be categorized into passenger car, LCV, M&HCV, OTR, two-wheeler. The country’s tire market was dominated by passenger car tire segment, followed by light commercial vehicle tires. The passenger car segment is further expected to continue its dominance during the forecast period and hold a market share of more than 93% by 2025. This is due to rising sales of passenger cars and increase in standard of living of people.

Major companies operating in Luxembourg tire market are Continental BeneLux BVBA, Michelin BeLux SA, Goodyear Dunlop Tires Operations S.A., Bridgestone Europe S.A., Pirelli Tyres BeLux NV/SA, N.V. Apollo Vredestein BeLux S.A., Hankook Tire, Nokian Tyres PLC, N.V. YOKOHAMA BELGIUM S.A. and Cooper Tire & Rubber Company. Moreover, leading companies are undergoing mergers & acquisitions, collaborations, joint ventures and new product launches in order to strengthen their position in Luxembourg tire market.

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

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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 Luxembourg.

TechSci Research calculated the market size for Luxembourg 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, Luxembourg tire market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Luxembourg Tire Market, By Vehicle Type:

o Passenger Car

o Two-Wheeler

o Medium & Heavy Commercial Vehicle

o Light Commercial Vehicle

o Off-The-Road Vehicle (OTR)

Luxembourg Tire Market, By Demand Category:

OEM
Replacement

Luxembourg Tire Market, By Tire Type:

Radial vs Bias

Luxembourg Tire Market, By Region:

Northern Luxembourg (Eisléck)
Southern Luxembourg (Terres Rouges)
The Belval Site
The East
The City of Luxembourg

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Luxembourg 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 [email protected]

1. Product Overview

2. Research Methodology

3. Impact of COVID-19 on Luxembourg Tire Market

4. Executive Summary

5. Voice of Customer

5.1. Brand Awareness & Recall

5.2. Brand Satisfaction

5.3. Challenges & Unmet Needs

6. Luxembourg 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)

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. Luxembourg 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. Luxembourg 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. Luxembourg 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. Luxembourg 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. Luxembourg 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. Market Dynamics

12.1. Drivers

12.2. Challenges

13. Import Export Analysis

14. Market Trends & Developments

15. Policy and Regulatory & Landscape

16. Luxembourg Economic Profile

17. Competitive Landscape

17.1. Competition Outlook

17.2. Players Profiled (Leading Companies)

17.2.1. Continental BeneLux BVBA

17.2.1.1. Company Overview

17.2.1.2. Products & Services

17.2.1.3. Financials (If available)

17.2.1.4. Current & Future Strategy

17.2.1.5. Key Management

17.2.1.6. Contact Details

17.2.2. Michelin BeLux SA

17.2.3. Goodyear Dunlop Tires Operations S.A.

17.2.4. Bridgestone Europe S.A.

17.2.5. Pirelli Tyres BeLux NV/SA

17.2.6. N.V. Apollo Vredestein BeLux S.A.

17.2.7. Hankook Tire

17.2.8. Nokian Tyres PLC

17.2.9. N.V. YOKOHAMA BELGIUM S.A.

17.2.10. Cooper Tire & Rubber Company

18. Strategic Recommendations

19. 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 [email protected]

List of Figures

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Figure 16: Luxembourg Tire Market Supply Chain Model

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

2019E-2025F

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

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

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

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

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

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

List of Tables

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

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

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

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

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

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

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

Table 8: Luxembourg 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)

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Luxembourg Tire Market

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Luxembourg Tire Market By Vehicle Type (Passenger Car, LCV, M&HCV, OTR, Two-Wheeler), By Demand Category (OEM Vs. Replacement), By Radial Vs Bias, By Region, Forecast & Opportunities, 2015- 2025

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