Europe Tire Market Research 2025–2030: Growth, Size & Opportunities

Introduction

The Europe Tire Market is undergoing rapid changes due to evolving technologies, consumer behaviors, and regulatory frameworks. This research report explores essential insights, market trends, and forecasts between 2025 and 2030, offering valuable context for businesses, investors, and decision-makers. It is designed to provide a clear understanding of where the market stands and where it’s heading, with the added benefit of downloadable resources and analyst support.

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What This Report Covers

Current Market Size & Forecast (2025–2030)
Key Growth Drivers & Challenges
Latest Trends & Investment Hotspots
Market Segmentation:
Competitive Landscape & Player Analysis
Opportunities, Risks, and Strategic Recommendations

Current Market Status and Future Projections

Europe Tire Market size was valued at around USD 43.25 billion in 2024 and is projected to reach USD 52.25 billion million by 2030. Along with this, the market is estimated to grow at a CAGR of around 3.20% during the forecast period, i.e., 2025-30.

Key Factors Influencing Growth

The growth of the market would be propelled mainly by the increasing sales of vehicles due to the changing living standards and greater inclination of the people toward private vehicle ownership across Europe, i.e., directly impacting the demand for tires. As car owners across Europe are becoming increasingly aware of the importance of timely tire inspection & replacement to ensure utmost safety & excellent driving experience, more and more tire manufacturers are expanding their production facilities in the region. As a result, the tire industry in Europe is expanding at a rapid pace & generating lucrative prospects for the leading tire makers, thus enhancing the Europe Tire Market size as well.

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Breakdown by Segments and Geography

By Type of Vehicle

Passenger Car- Market Size & Forecast 2020-2030, Thousand Units
Light Commercial Vehicle- Market Size & Forecast 2020-2030, Thousand Units
Medium & Heavy Commercial Vehicle- Market Size & Forecast 2020-2030, Thousand Units
Two Wheelers- Market Size & Forecast 2020-2030, Thousand Units
Off the Road (OTR) Vehicles- Market Size & Forecast 2020-2030, Thousand Units

passenger cars, which include sedans, hatchbacks, SUVs, & sports cars, dominate the Europe Tire Market with the largest share.

By Demand Category

OEM- Market Size & Forecast 2020-2030, Thousand Units
Replacement- Market Size & Forecast 2020-2030, Thousand Units

Here, the Replacement demand category dominated the Europe Tire market with the largest share in previous years, and the same trend is likely during the forecast period.

By Type of Tire

Radial- Market Size & Forecast 2020-2030, Thousand Units
Bias- Market Size & Forecast 2020-2030, Thousand Units

By Sales Channel

Direct Sales- Market Size & Forecast 2020-2030, Thousand Units
Multi-Brand Outlets- Market Size & Forecast 2020-2030, Thousand Units
Exclusive Outlets- Market Size & Forecast 2020-2030, Thousand Units
Online- Market Size & Forecast 2020-2030, Thousand Units

By Season

All Season- Market Size & Forecast 2020-2030, Thousand Units
Winter- Market Size & Forecast 2020-2030, Thousand Units

By Price Category

Budget- Market Size & Forecast 2020-2030, Thousand Units
Economy- Market Size & Forecast 2020-2030, Thousand Units
Premium- Market Size & Forecast 2020-2030, Thousand Units

By Rim Diameter

Up to 12”- Market Size & Forecast 2020-2030, Thousand Units
1” to 15”- Market Size & Forecast 2020-2030, Thousand Units
1” to 20”- Market Size & Forecast 2020-2030, Thousand Units
1” to 20”- Market Size & Forecast 2020-2030, Thousand Units
1” to 26”- Market Size & Forecast 2020-2030, Thousand Units
1to 35”- Market Size & Forecast 2020-2030, Thousand Units
1” to 47”- Market Size & Forecast 2020-2030, Thousand Units
Above 47”- Market Size & Forecast 2020-2030, Thousand Units

By Country

The UK
Germany
France
Italy
Spain
Poland
The Netherlands
Romania
Belgium
Slovakia
Finland
Norway
Sweden
Denmark
Rest of Europe.

Europe, France is more likely to dominate the Tire Market with the largest share during 2025-30.

Competitive Landscape and Market Positioning

The Europe Tire Market is highly competitive, with both established companies and new entrants contributing to its dynamism. Leading players such as:

Michelin
Continental
Bridgestone
Pirelli
Dunlop
Hankook
Goodyear
Nokian
Yokohama
Cooper Tires
Others
Kumho
Vredestein
Toyo

are focusing on expanding their product portfolios, enhancing user experiences, and investing in R&D. Recent developments include mergers, acquisitions, strategic partnerships, and geographic expansion. These activities highlight the evolving strategies being adopted to gain market share and respond to shifting consumer needs.

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Strategic Outlook and Analyst Perspective

Looking ahead, the Europe Tire Market is poised for significant transformation. Emerging trends like AI integration, eco-friendly product development, and digitalization are expected to reshape industry dynamics. Analysts recommend that stakeholders keep a close eye on regional shifts, policy developments, and evolving customer preferences. Businesses that remain agile, adopt technology early, and prioritize customer-centric innovation will likely emerge as leaders in this evolving landscape.

Research Methodology We Use

Primary research via expert interviews and surveys
Secondary data from verified industry sources
Top-down & bottom-up estimation
Forecasting using time-series models & triangulation

Key Questions Answered

What is the current market size of Europe Tire Market?
What is the expected growth rate by 2030?
Which segments are gaining the most traction?
What are the major trends and challenges?
Who are the major players, and what are their strategies?
Which region holds the highest growth potential?

Other Report:

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