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Report Description

  • All Reports
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  • Automotive
  • | June, 2016

Romania Tire Market Forecast and Opportunities, 2021

  • Description
  • Table of Content
  • Figures and Tables
  • Related Reports
  • View Sample Report

In terms of geographical area, Romania is one of the largest countries among Balkan Peninsula nations. With five manufacturing plants involved in the production of passenger cars and commercial vehicles, Romania is one of the leading automobile manufacturers in the Central and Eastern Europe (CEE) region. As a result, in addition to domestic players, various global tire manufacturers such as SC Continental Automotive Products S.R.L., Michelin Romania S.A. and S.C. Pirelli Tyres Romania S.r.l. are engaged in selling tires in the country. In Romania, overall motorization rate (passenger car and commercial vehicles) increased from 251 per 1,000 inhabitants in 2013 to almost 264 per 1,000 inhabitants by 2014. With the country’s automobile fleet size anticipated to expand in the coming years on account of growing economy and increasing purchasing power, demand for tires is also forecast to grow during 2016 - 2021.

According to TechSci Research report, “Romania Tire Market Forecast & Opportunities, 2021”, tire market in Romania is anticipated to grow at a CAGR of over 7% during 2016 - 2021. Expanding automobile fleet, changing consumer behavior and rising industrialization is forecast to support growth in Romania tire market during 2015 - 2020. The country’s vehicle fleet is dominated by the passenger car segment, followed by the commercial vehicle segment. Consequently, the passenger car tire segment held a major volume share in the country’s tire market in 2015 and its dominance is anticipated to continue during the forecast period as well. Of the total five tire production facilities operating in the country, two plants are owned by Michelin and the remaining three are operated by Continental, Eurotire and Pirelli. “Romania Tire Market Forecast & Opportunities, 2021” report elaborates following aspects of tire market in Romania:

  • Romania 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 Romania
  • 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 gain in-depth understanding of market dynamics, imports & exports, trends and opportunities in Romania.
  • To obtain research based business decision and add weight to presentations and marketing materials.
  • 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 includes interviews with tire companies and industry experts. Secondary research includes an exhaustive search of relevant publications such as 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.       Product Overview

2.       Research Methodology

3.       Analyst View

4.       Romania Tire Production Overview

5.       Romania Tire Market Outlook

5.1.    Market Size & Forecast

5.1.1.By Value & Volume

5.2.    Market Share & Forecast 

5.2.1.By Vehicle Type (PC, LCV, M&HCV, OTR & TW)

5.2.2.By Company

5.2.3.By Region

5.2.4.By Demand Category (OEM Vs Replacement)

6.       Romania Passenger Car (PC) 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 (Sedan, Hatchback, SUV & Combi)

6.2.2.By Demand Category (OEM Vs Replacement)

7.       Romania Medium & Heavy Commercial Vehicle (M&HCV) Tire Market Outlook

7.1.    Market Size & Forecast

7.1.1.By Value & Volume

7.2.    Market Share & Forecast

7.2.1.By Demand Category (OEM Vs Replacement)

8.       Romania Light Commercial (LCV) Tire Market Outlook

8.1.    Market Size & Forecast

8.1.1.By Value & Volume

8.2.    Market Share & Forecast

8.2.1.By Demand Category (OEM Vs Replacement)

9.       Romania Off-the-Road (OTR) 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 (Agriculture Equipment Vehicle & Industrial Equipment Vehicle)

9.2.2.By Demand Category (OEM Vs Replacement)

10.   Romania Two-Wheeler (2W) 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

11.   Import-Export Analysis

12.   Market Dynamics

12.1.Drivers

12.2.Challenges

13.   Market Trends & Developments

13.1.Increasing Online Tire Sales

13.2.Growth in Retread Tire Market

13.3.Winter Tire Penetration

13.4.Increasing Penetration of Chinese Tires

13.5.Growing Tire Exports

14.   Policy & Regulatory Landscape

15.   Romania Economic Profile

16.   Competitive Landscape

16.1.SC Continental Automotive Products S.R.L.

16.2.Michelin Romania S.A.

16.3.S.C. Pirelli Tyres Romania S.r.l.

16.4.Eurotire Plant SA

16.5.Goodyear Dunlop Tires Romania S.R.L.

16.6.Bridgestone România S.R.L.

16.7.Toyo Tire Europe GmbH

16.8.Hankook Tyre Co. Ltd.

16.9.Yokohama Rubber Co. Ltd.

16.10.   Nokian Tyres PLC

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: Romania Tire Market Size, By Value (USD Million), By Volume (Thousand Units), 2011-2021F

    Figure 2: Romania GNI Per Capita, 2009–2014 (USD)

    Figure 3: Romania Tire Market Share, By Vehicle Type, By Volume, 2011-2021F

    Figure 4: Romania Tire Market Share, By Company, By Volume, 2015-2021F

    Figure 5: Romania Tire Market Share, By Region, By Volume, 2015 & 2020F

    Figure 6: Romania Tire Market Share, By Region, By Volume, 2015-2021F

    Figure 7: Romania Tire Market Share, By Demand Category (OEM vs Replacement), By Volume, 2011-2021F

    Figure 8: Romania Passenger Car Tire Market Size, By Value (USD Million), By Volume (Thousand Units), 2011-2021F

    Figure 9: Romania Passenger Car Tire Market Share, By Vehicle Type, By Volume, 2011-2021F

    Figure 10: Romania Passenger Car Tire Market Share, By Demand Category (OEM vs Replacement), By Volume, 2011-2021F

    Figure 11: Romania Medium & Heavy Commercial Vehicle Tire Market Size, By Value (USD Million), By Volume (Thousand Units), 2011-2021F

    Figure 12: Romania Medium & Heavy Commercial Vehicle Tire Market Share, By Demand Category (OEM vs Replacement), By Volume, 2011-2021F

    Figure 13: Romania Light Commercial Vehicle Tire Market Size, By Value (USD Million), By Volume (Thousand Units), 2011-2021F

    Figure 14: Romania Light Commercial Vehicle Tire Market Share, By Demand Category (OEM vs Replacement), By Volume, 2011-2021F

    Figure 15: Romania Off-The-Road Tire Market Size, By Value (USD Million), By Volume (Thousand Units), 2011-2021F

    Figure 16: Romania Off-The-Road Tire Market Share, By Vehicle Type, By Volume, 2011-2021F

    Figure 17: Romania Off-The-Road Tire Market Share, By Demand Category, By Volume, 2011-2021F

    Figure 18: Romania Two-Wheeler Tire Market Size, By Value (USD Million), By Volume (Thousand Units), 2011-2021F

    Figure 19: Romania Two-Wheeler Tire Market Share, By Vehicle Type, By Volume, 2011-2021F

    Figure 20: Romania Internet Penetration (per 100 people), 2010-2014 (%)

     

    List of Tables

    Table 1: Romania Tire Production Capacity, By Company & Plant Location, 2015 (Million Units/Year)

    Table 2: Romania Vehicle Production, By Volume, 2011–2015 (Units)

    Table 3: Romania Tire Market Size, By Demand Category, By Volume, 2011 – 2021F (Thousand Units)

    Table 4: Romania Passenger Car Sales, By Volume, 2010–2014 (Units)

    Table 5: Romania Passenger Car Fleet, By Volume, 2010–2014 (Thousand Units)

    Table 6: Romania Passenger Car Production, 2011–2015 (Units)

    Table 7: Romania Passenger Car Production, 2016E–2021F (Units)

    Table 8: Romania Passenger Car Tire Market Size, By Demand Category, By Volume, 2011 – 2021F (Thousand Units)

    Table 9: Romania Medium & Heavy Commercial Vehicle Sales, By Volume, 2010–2014 (Units)

    Table 10: Romania M&HCV Tire Market Size, By Demand Category, By Volume (Thousand Units), 2011 – 2021F

    Table 11: Romania Light Commercial Vehicle Production, By Volume, 2011–2015 (Units)

    Table 12: Romania Light Commercial Vehicle Sales, By Volume, 2010–2014 (Units)

    Table 13: Romania Light Commercial Vehicle Tire Market Size, By Demand Category, By Volume, 2011–2021F (Thousand Units)

    Table 14: Romania OTR Tire Sales, By Demand Category (OEM vs Replacement), 2011–2021F (Thousand Units)

    Table 15: Romania Two-Wheeler Sales, By Volume, 2011–2015 (Million Units)

    Table 16: Romania Tire Imports, By Vehicle Type, By Volume, 2010-2014 (Tons)

    Table 17: Romania Tire Exports, By Vehicle Type, By Volume, 2010-2014 (Tons)

    Table 18: Romania Automobile Fleet, By Vehicle Type, By Volume, 2010-2014 (Thousand Units)

    Table 19: Romania Automobile Production, By Vehicle Tire, By Volume, 2011-2015 (Units)

    Table 20: Few Online Tire Dealers in Romania

    Table 21:  Romania Tire Trade Tariff Duties on New Pneumatic Tires, By Product Type & Segment, 2015

    Table 22: Romania Tire Trade Tariff Duties on Retreaded Tires, By Product Type & Segment, 2015
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Press Release

Tire Market in Romania to Grow at CAGR 7% till 2021

Jun, 2016

Reviving economic conditions coupled with growing automobile production and sales to drive Romania tyre market through 2021


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