Luxembourg is one of the stable economies in Europe and is benefitted from its proximity to France, Belgium and Germany. Backed by low interest rates, stable financial system and low taxation norms, automotive salesin the country are anticipated to grow over the next five years, and this is in turn is forecast to fuel growth in the country’s tire market in the coming years. Major factors driving growth in demand for tires in Luxembourg include high standards of living, increasing vehicles sales and growing demand for tires from the replacement segment.Over the next five years, the passenger car tire segment is expected to be fastest growing tire segment, followed by two-wheeler tire, medium & heavy commercial vehicle tire, light commercial vehicle tire and OTR tire segments. 

According to “Luxembourg Tyre Market Forecast & Opportunities, 2020’’, tire market in Luxembourg is dominated by the replacement segment, due to absence of automobile OEMs in the country. Luxembourg tire market is dominated by passenger cars, followed by light commercial vehicles, which cumulatively garnered a share of over 90% in Luxembourg tire market, in volume terms in 2014. Goodyear is the only domestic tire company operating a tire manufacturing facility in the country. Domestic tire demand is being addressed through imports from various global tire companies. “Luxembourg Tyre Market Forecast & Opportunities, 2020” report elaborates following aspects of tire market in Luxembourg:

  • Luxembourg Tire Market Size, Share & Forecast
  • Segmental Analysis – Passenger Car Tires, Light Commercial Vehicle Tires, Medium & Heavy Commercial Tires, Two Wheeler Tires & OTR 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 Luxembourg
  • 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 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, distributor, industry experts and vehicle manufacturers/assemblers. 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 [email protected]

1.     Research Methodology

2.     Analyst View

3.     Product Overview

4.     Luxembourg Tyre Production Overview

5.     Luxembourg 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 (MHCV, LCV, PC, OTR and 2W)

5.2.2. By Company

5.2.3. By Region

6.     Luxembourg Passenger Cars (PC) Tyre Market Outlook

6.1.   Market Size & Forecast

6.1.1. By Value & Volume

6.2.   Market Share & Forecast

6.2.1. By Vehicle Type

7.     Luxembourg Medium & Heavy Commercial Vehicles (M&HCV) 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.     Luxembourg Light Commercial Vehicles (LCV) Tyre Market Outlook

8.1.   Market Size & Forecast

8.1.1. By Value & Volume

9.     Luxembourg Off-the Road (OTR) Tyre Market Outlook

9.1.   Market Size & Forecast

9.1.1. By Value & Volume

10.  Luxembourg Two-Wheeler Tyre Market Outlook

10.1. Market Size & Forecast

10.1.1.   By Value & Volume

11.  Import-Export Analysis

12.  Market Dynamics

12.1.  Drivers

12.2.  Challenges

13.  Market Trends & Developments

14.  Policy & Regulatory Landscape

15.  Luxembourg Economic Profile

16.  Competitive Landscape

16.1.  Goodyear Tyre

16.2.  Bridgestone Tyre

16.3.  MichelinTyre

16.4.  Pirelli Tyre

16.5.  Continental Tyre

16.6.  Nokian Tyre

16.7.  Yokohama Tyre

16.8.  Hankook Tyre

16.9.  Apollo Vredestein Tyre

16.10.  Sumitomo Tyre

17.  Strategic Recommendations

 


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

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

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

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

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

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

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

    Figure 8: Luxembourg Medium & Heavy Commercial Vehicle Tyre Market Share, By Vehicle Type, By Volume, 2010-2020F

    Figure 9: Luxembourg Light Commercial Vehicle Tyre Market, By Value (USD Million), By Volume (Million Units), 2010-2020F

    Figure 10: Luxembourg OTR Tyre Market Size, By Value (USD Million), By Volume (Million Units), 2010-2020F

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

    Figure 12: Luxembourg Tyre Imports & Exports, By Value, 2010-2014 (USD Million)

     

    List of Tables

     

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

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

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

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

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

    Table 6: Luxembourg Two-Wheeler Fleet Size, By Volume, 2010–2014 (Units)