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.

Mexico tire market was valued USD 5.57 Billion in 2019 and is anticipated to reach USD 7.39 Billion by 2025 on account of rising income levels and growing automobile sales. Moreover, expansion in production capacities of the OEMs, rapid infrastructure development and increasing urbanization are some of key factors that are expected to positively influence the growth of Mexico tire market. Apart from that, presence of almost all major passenger car and commercial vehicle OEMs also makes the country a favourable market for tire manufacturing companies.

Mexico 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 and three-wheeler. In 2019, the country’s tire market was dominated by passenger car tire segment, followed by light commercial vehicle tire segment. The passenger car tire segment is further expected to continue its dominance and hold a market share of 61.38% by 2025 on account of increase in production and sales of passenger cars in the country.

Major companies operating in Mexico tire market are Bridgestone de Mexico, SA de CV, Michelin México Services, S.A. De C.V., JK Tornel S.A. de C.V, Continental Tire de México S.A. de C.V, Cooper Tire & Rubber Co. de Mexico SA de CV, Goodyear Servicios Comerciales S. de R.L. de C.V., Pirelli Neumáticos de México, S.A. de C.V, Yokohama Tire Mexico S. de R.L. de C.V, Sumitomo Tires and Hankook Tire De Mexico S.A. De C.V., among others.

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

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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 Mexico.

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

  • Mexico 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)

o    Three-Wheeler

  • Mexico Tire Market, By Demand Category:
    • OEM
    • Replacement
  • Mexico Tire Market, By Tire Type:
    • Radial vs Bias
  • Mexico Tire Market, By Region:
    • The North
    • The Central
    • The Gulf & South
    • The Pacific Coast
    • The Baja Peninsula

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Mexico 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 Mexico Tire Market

4.    Executive Summary

5.    Voice of Customer

5.1.  Brand Awareness & Recall

5.2.  Brand Satisfaction

5.3.  Challenges & Unmet Needs

6.    Mexico 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.    Mexico 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.    Mexico 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.    Mexico 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.  Mexico 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.  Mexico 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.  Mexico 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.  Mexico Economic Profile

18.  Competitive Landscape

18.1.              Competition Outlook

18.2.              Players Profiled (Leading Companies)

18.2.1.  Bridgestone de Mexico, SA de CV

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.  Michelin México Services, S.A. De C.V.

18.2.3.  JK Tornel S.A. de C.V

18.2.4.  Continental Tire de México S.A. de C.V

18.2.5.  Cooper Tire & Rubber Co. de Mexico SA de CV

18.2.6.  Goodyear Servicios Comerciales S. de R.L. de C.V.

18.2.7.  Pirelli Neumáticos de México, S.A. de C.V

18.2.8.  Yokohama Tire Mexico S. de R.L. de C.V

18.2.9.  Sumitomo Tires

18.2.10.                Hankook Tire De Mexico S.A. De C.V

19.  Strategic Recommendations

20.  About Us & Disclaimer

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: Mexico Tire Market - Factors Influencing Purchase Decision (N=75)

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

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

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

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

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

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

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

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

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

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

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

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

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

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

    Figure 16: Mexico Tire Market Supply Chain Model

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

    2019E-2025F

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

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

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

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

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

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


    List of Tables


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

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

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

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

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

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

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