Saudi Arabia tire market stood at around $ 2014 million in 2018 and is forecast to grow at a CAGR of over 6.4%, to cross $ 2870.9 million by 2024, on account of expanding vehicle fleet size, rising purchasing power and growing infrastructure and construction sector in the country. Moreover, development of smart cities such as ‘NEOM’ and implementation of programs such as National Industrial Development and Logistics Program (NIDLP) to facilitate the Saudi Vision 2030 are further driving growth in Saudi Arabia tire market. Additionally, short replacement period of tires due to extreme weather conditions in Saudi Arabia along with improving economic condition is expected to further push demand for tires in the country during the forecast period.

Years considered for this report:

Historical Years: 2014-2017

Base Year: 2018

Estimated Year: 2019

Forecast Period: 2020–2024

Objective of the Study:

  • To analyze and forecast the market size of tire market in Saudi Arabia.
  • To classify and forecast Saudi Arabia tire market on the basis vehicle type, company, region, radial v/s bias and offline v/s online sales channel.
  • To identify drivers and challenges for Saudi Arabia tire market.
  • To identify market trends and developments in Saudi Arabia tire market.
  • To identify and analyze the profile of leading tire players operating in Saudi Arabia.


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Some of the major players operating in Saudi Arabia tire market include Bridgestone Corporation, Hankook Tire Co., Ltd., Pirelli C. S.p.A., Dunlop (Goodyear Tire & Rubber Company), Michelin Group, Continental AG, Goodyear Tire & Rubber Company, Yokohama Rubber Co. Ltd and Toyo Tire & Rubber Co. Ltd., etc.

In order to perform the study, TechSci Research conducted primary as well as exhaustive secondary research. Initially, TechSci Research prepared an exhaustive list of tire dealers and distributors operating in different regions of Saudi Arabia. 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 was able to include distributors / dealers 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 distributors across the country.

TechSci Research calculated the market size for Saudi Arabia tire market using a bottom-up technique, wherein replacement tire market data for different vehicle type (Passenger car, LCV, M&HCV, OTR and Two-wheeler) was recorded as well as forecast for future years. TechSci Research sourced these values from industry experts and company representatives, and externally validated through analyzing historical sales value data of respective tire vehicle type to arrive at the overall market size. Multiple secondary sources such as directories, databases such as The Association of Saudi Arabia Automotive Industries, Saudi Arabian Rubber Council, Company Websites, company annual reports, white papers, investor presentations and financial reports were also studied by TechSci Research.


Key Target Audience:

  • Tire manufacturers, supplier, distributors and other stakeholders
  • Associations, organizations, forums and alliances related to tire market in Saudi Arabia
  • Government bodies such as regulatory authorities and policymakers
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for industry stakeholders such as tire distributors and dealers, customers and policymakers. The study would also help them to target the growing segments over the coming years, thereby aiding the stakeholders in taking right investment decisions and facilitating their expansion.

Report Scope:

In this report, Saudi Arabia tire market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Market, by Vehicle Type:
    • Passenger Cars
    • Light Commercial Vehicles
    • Medium & Heavy Commercial Vehicles
    • Off-the-Road Vehicles
    • Two-Wheelers
  • Market, by Radial vs Bias
  • Market, by Online vs Offline Sales Channel
  • Market, by Region:
    • Central
    • Western
    • Eastern
    • Southern
    • Northern
  • Market, by Company:
    • Bridgestone Corporation
    • Hankook Tire Co. Ltd.
    • Pirelli & C. S.p.A.
    • Dunlop (Goodyear Tire & Rubber Company)
    • Michelin Group
    • Others

Competitive Landscape

Company Profiles: Detailed analysis of the major players operating in Saudi Arabia tire market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to 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).

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com

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.       Analyst View

4.       Voice of Customer

4.1.    Factor Influencing Purchase Decision

4.2.    Brand Recall

4.3.    Brand Satisfaction Level

5.       Saudi Arabia 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 (Passenger Car, LCV, M&HCV, OTR, Two-wheeler)

5.2.2. By Radial Vs Bias

5.2.3. By Online Vs Offline Sales Channel

5.2.4.By Region

5.2.5.By Company (Bridgestone Corporation, Hankook Tire Co., Ltd., Pirelli & C. S.p.A., Dunlop [Goodyear Tire & Rubber Company], Michelin Group and Others)

5.3.    Market Attractiveness Index

5.3.1. By Vehicle Type

5.3.2. By Radial Vs Bias

5.3.3. By Online Vs Offline Sales Channel

5.3.4.By Region

6.       Saudi Arabia Passenger Car 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, SUV, Hatchback, MPV)

6.3.    Prominent Tire Sizes

7.       Saudi Arabia Light Commercial Vehicle 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 (Pickup Truck, Van, Light Truck and Bus)

7.3.    Prominent Tire sizes

8.       Saudi Arabia Medium & Heavy Commercial Vehicle 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 (Trucks, Buses)

8.3.    Prominent Tire Sizes

9.       Saudi Arabia 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 (Industrial & Mining Equipment, Construction Equipment & Others)

9.3.    Prominent Tire Sizes

10.   Saudi Arabia Two-Wheeler 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 (Motorcycles, Scooters & Mopeds)

10.3.   Prominent Tire Sizes

11.   Import-Export Analysis

12.   Market Dynamics

12.1.   Drivers

12.2.   Challenges

13.   Market Trends & Developments

14.   Policy Regulatory & Landscape

15.   SWOT Analysis

16.   Saudi Arabia Economic Profile

17.   Competitive Landscape

17.1.   Bridgestone Corporation

17.2.   Hankook Tire Co. Ltd.

17.3.   Pirelli & C. S.p.A.

17.4.   Dunlop (Goodyear Tire & Rubber Company)

17.5.   Michelin Group

17.6.   Goodyear Tire & Rubber Company

17.7.   Yokohama Rubber Co. Ltd

17.8.   Continental AG

17.9.   Toyo Tire & Rubber Co. Ltd

17.10.   Cooper Tire & Rubber Company

18.   Strategic Recommendations

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

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

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

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

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

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

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

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

    Figure 9: Saudi Arabia Tire Market - Brand Satisfaction Level, By Performance (N=75)

    Figure 10: Saudi Arabia Tire Market - Brand Satisfaction Level, By Stability on Road (N=75)

    Figure 11: Saudi Arabia Tire Market Size, By Value (USD Billion), By Volume (Million Units), 2014-2024F

    Figure 12: Saudi Arabia Tire Market Share, By Vehicle Type, By Volume, 2014-2024F

    Figure 13: Saudi Arabia Tire Market Share, By Radial Vs Bias, By Volume, 2014-2024F

    Figure 14: Saudi Arabia Tire Market Share, By Online Vs Offline Sales Channel, By Volume, 2014-2024F

    Figure 15: Saudi Arabia Tire Market Share, By Region, By Volume, 2018 & 2024

    Figure 16: Saudi Arabia Tire Market Share, By Company, By Volume, 2018 & 2024

    Figure 17: Saudi Arabia Tire Market Attractiveness Index, By Vehicle Type, 2019E-2024F

    Figure 18: Saudi Arabia Tire Market Attractiveness Index, By Radial V/s Bias, 2019E-2024F

    Figure 19: Saudi Arabia Tire Market Attractiveness Index, By Offline V/s Online Sales Channel, 2019E-2024F

    Figure 20: Saudi Arabia Tire Market Attractiveness Index, By Region, 2019E-2024F

    Figure 21: Saudi Arabia Passenger Car Tire Market Size, By Value (USD Million), By Volume (Million Units), 2014-2024F

    Figure 22: Saudi Arabia Passenger Car Tire Market Share, By Vehicle Type, By Volume, 2014-2024F

    Figure 23: Saudi Arabia Light Commercial Vehicle Tire Market Size, By Value (USD Million), By Volume (Million Units), 2014-2024F

    Figure 24: Saudi Arabia Light Commercial Vehicle Tire Market Share, By Vehicle Type, By Volume, 2014-2024F

    Figure 25: Saudi Arabia Medium & Heavy Commercial Vehicle Tire Market Size, By Value (USD Million), By Volume (Million Units), 2014-2024F

    Figure 26: Saudi Arabia Medium & Heavy Commercial Vehicle Tire Market Share, By Vehicle Type, By Volume, 2014-2024F

    Figure 27: Saudi Arabia OTR Tire Market Size, By Value (USD Million), By Volume (Million Units), 2014-2024F

    Figure 28: Saudi Arabia OTR Tire Market Share, By Vehicle Type, By Volume, 2014-2024F

    Figure 29: Saudi Arabia Two-Wheeler Tire Market Size, By Value (USD Million), By Volume (Million Units), 2014-2024F

    Figure 30: Saudi Arabia Two-Wheeler Tire Market Share, By Vehicle Type, By Volume, 2014-2024F

    Figure 31: Saudi Arabia Tire Imports Share, By Vehicle Type, By Value, 2014

    Figure 32: Saudi Arabia Tire Imports Share, By Vehicle Type, By Value, 2017

    Figure 33: Saudi Arabia Tire Exports Share, By Vehicle Type, By Value, 2014

    Figure 34: Saudi Arabia Tire Exports Share, By Vehicle Type, By Value, 2017

     

    List of Tables

    Table 1: Saudi Arabia Popular Passenger Car Tire Sizes, 2018

    Table 2: Saudi Arabia Popular Light Commercial Vehicles Tire Sizes, 2018

    Table 3: Saudi Arabia Popular Medium & Heavy Commercial Vehicles Tire Sizes, 2018

    Table 4: Saudi Arabia Popular OTR Tire Sizes, 2018

    Table 5: Saudi Arabia Popular Two-Wheeler Tire Sizes, 2018

    Table 6: Saudi Arabia Major Ongoing Infrastructure Projects

    Table 7: Import Duties Levied on Tire (≤61 cms) in Saudi Arabia

    Table 8: Import Duties Levied on Tire (>61 cms) in Saudi Arabia

    Table  9: Import Duties Levied on Retreaded Tire in Saudi Arabia