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.

United Kingdom tire market was valued USD 2.66 Billion in 2019 and is projected to be valued USD 3.53 by 2025 owing to increasing demand and production of both commercial and passenger vehicles in the country. One of the key factors accelerating the demand for tires in United Kingdom is growth in electric vehicles market owing to the strict emission laws and subsidies being provided by the government. This in turn, is creating high demand for tires from electric vehicle manufacturers. Moreover, expanding vehicle fleet size and spike in sales of passenger vehicles are some other major factors fueling the growth of tire market in United Kingdom.

The various functions performed by tires such as transmitting accelerating and braking force to the ground, supporting the weight of a vehicle, absorbing shock from the road surface and changing or maintaining direction, makes them a key component of automobiles. Manufacturers are introducing advanced products like ecological, flat-run and nitrogen-based tires, that are environment-friendly.

The global pandemic, COVID-19 has put challenge before manufacturers as some of the key inputs which are required to manufacture tires, are imported from China. And the spread of coronavirus is anticipated to disrupt the supply chain but increased demand for automobiles is projected to drive the market through 2025.

The United Kingdom tire market is categorized based on vehicle type, design, rim size, end use and region. Based on vehicle type, the market is categorized into passenger car tires, light commercial vehicle tires, medium and heavy commercial vehicle tires, Off-The-Road (OTR) tires and two-wheeler tires. Among these, passenger car tires segment held the largest market share in 2019 and is further expected to undergo high growth during the forecast period owing to rise in number of passenger car vehicle registration in the country.

Major players operating in the United Kingdom tire market include Michelin Tyre plc, Pirelli UK Tyres Ltd, Cooper Tire & Rubber Co Europe Ltd, Goodyear Dunlop Tyres UK Ltd, Continental Tyre Group Ltd., Bridgestone United Kingdom Limited, Hankook Tyre UK Limited, Kumho Tyre UK Limited, Toyo Tires (UK) Limited and Yokohama HPT Limited, among others. Some of the key growth strategies being adopted by leading manufacturers are mergers, acquisitions and partnerships.

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 estimate the market size of United Kingdom tire market from 2015 to 2018.
  • To estimate and forecast the market size of United Kingdom tire market from 2019 to 2025 and growth rate until 2025.
  • to classify and forecast United Kingdom tire market based on vehicle type, design, rim size, end use, company and regional distribution.
  • To identify dominant region or segment in the United Kingdom tire market.
  • To identify drivers and challenges for United Kingdom tire market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in United Kingdom tire market.
  • To conduct pricing analysis for United Kingdom tire market.
  • To identify and analyze the profile of leading players operating in United Kingdom tire market.
  • To identify key sustainable strategies adopted by market players in United Kingdom ire market.

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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of tire manufacturers across United Kingdom. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers who could not be identified due to the limitations of secondary research. TechSci Research analyzed the materials used in manufacturing tire, distribution channels and presence of all major players across the country.

TechSci Research calculated the market size of United Kingdom tire market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

  • Tire manufacturers, suppliers, distributors and other stakeholders
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to tire
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as tire manufacturers, suppliers, partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

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

  • United Kingdom Tire Market, By Vehicle Type:
    • Passenger Car Tires
    • Light Commercial Vehicle Tires
    • Medium and Heavy Commercial Vehicle Tires
    • Off-The-Road (OTR) Tires
    • Two-Wheeler Tires
  • United Kingdom Tire Market, By Design:
    • Radial
    • Bias
  • United Kingdom Tire Market, By Rim Size:
    • Less than 15 inches
    • 15-20 inch
    • More than 20 inch
  • United Kingdom Tire Market, By End Use:
    • OEM
    • Replacement
  • United Kingdom Tire Market, By Region:
    • Wales
    • England
    • Scotland
    • Northern Ireland

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in United Kingdom 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).

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 United Kingdom Tire Market

4.    Executive Summary

5.    Voice of Customer

6.    United Kingdom 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 Tires, Light Commercial Vehicle Tires, Medium and Heavy Commercial Vehicle Tires, Off-The-Road (OTR) Tires, Two-Wheeler Tires)

6.2.2.     By Design (Radial, Bias)

6.2.3.     By Rim Size (Less than 15 inches, 15-20 inch, More than 20 inch)

6.2.4.     By End Use (OEM, Replacement)

6.2.5.     By Region

6.2.6.     By Company (2019)

6.3.  Market Attractiveness Index

7.    United Kingdom 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 Design

7.2.3.     By End Use

8.    United Kingdom Light 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

8.2.2.     By Design

8.2.3.     By End Use

9.    United Kingdom Medium and 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 Design

9.2.3.     By End Use

10.  United Kingdom Off-The-Road (OTR) 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 Design

10.2.3.  By End Use

11.  United Kingdom Two-Wheeler 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 Design

11.2.3.  By End Use

12.  Market Dynamics

12.1.              Drivers

12.2.              Challenges

13.  Market Trends & Development

14.  Pricing Analysis

15.  Policy & Regulatory Landscape

16.  United Kingdom Economic Profile

17.  Competitive Landscape

17.1.              Michelin Tyre plc

17.2.              Pirelli UK Tyres Ltd

17.3.              Cooper Tire & Rubber Co Europe Ltd

17.4.              Goodyear Dunlop Tyres UK Ltd

17.5.              Continental Tyre Group Ltd.

17.6.              Bridgestone United Kingdom Limited

17.7.              Hankook Tyre UK Limited

17.8.              Kumho Tyre UK Limited

17.9.              Toyo Tires (UK) Limited

17.10.            Yokohama HPT Limited

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 sales@techsciresearch.com
  • List of Figures

     

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

    Figure 16: United Kingdom Tire Market Supply Chain Model

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

    2019E-2025F

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

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

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

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

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

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

     

    List of Tables

     

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

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

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

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

    Table 5: Prominent Tire Sizes in United Kingdom OTR Tire Market, 2019

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

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

    Table 8: United Kingdom 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)