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Asia Pacific Tire Market Report by Radial/Bias Tires (Radial, Bias), End-Use (OEM, Replacement), Vehicle Type (Passenger Cars, Light Commercial Vehicles, Medium and Heavy Commercial Vehicles, Two-Wheelers, Off-The-Road (OTR), Three- Wheelers), Size (Passenger Cars, Light Commercial Vehicles, Medium and Heavy Commercial Vehicles, Two-Wheelers, Three- Wheelers, Off-The-Road (OTR)), Distribution Channel (Offline, Online), and Country 2025-2033
Market Report I 2025-03-01 I 137 Pages I IMARC Group
The Asia Pacific tire market size was valued at USD 1,320 Million in 2024. Looking forward, IMARC Group estimates the market to reach USD 1,810 Million by 2033, exhibiting a CAGR of 3.45% from 2025-2033. The Asia Pacific tire market share is increasing due to rising vehicle production and growing demand for replacement tires. Government initiatives supporting infrastructure and electric vehicle (EV) adoption, along with technological advancements in tire manufacturing, are impelling the market growth. Expanding logistics, e-commerce, and regulatory standards for fuel efficiency and safety are further contributing to the market growth.
Increasing demand for vehicles, growing replacement demand, declining prices of rubber and increasing production in the region represent some of the key factors contributing to the growth of the Asia Pacific tire industry. Furthermore, rising demand for secondhand vehicles in countries such as India, China, Indonesia, Malaysia, etc., is expected to drive the market for the replacement tire industry. Additionally, increasing investment towards infrastructure projects such as roads, bridges, and tunnels, have been able to increase the connectivity across the Asia Pacific region, this is also catalyzing the demand for tires across the region.
The increasing demand for tires in the Asia Pacific region is also being driven by the increasing automobile production along with the expanding fleet size. In addition to this, the rising consumer living standards supported by their growing disposable income levels have also boosted automobile sales, thereby propelling the demand for tires in the region. Furthermore, the increasing usage of both light and heavy commercial vehicles in logistics and construction activities has also augmented the market growth. Additionally, the growing popularity of next-generation and high-performance tires for luxury and premium cars is also driving the market growth. Apart from this, the increasing demand for replacement tires owing to the large consumer base of passenger cars and the high replacement rate of tires after certain usage limit, is further bolstering the demand of tires in the region.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the Asia Pacific tire market, along with forecasts at the country and regional levels from 2025-2033. The market has been categorized based on radial/bias tires, end-use, vehicle type, size, distribution channel, and region.
Breakup by Radial/Bias Tires:
- Radial
- Bias
Breakup by End-Use:
- OEM
- Replacement
Breakup by Vehicle Type:
- Passenger Cars
- Light Commercial Vehicles
- Medium and Heavy Commercial Vehicles
- Two-Wheelers
- Off-The-Road (OTR)
- Three- Wheelers
Breakup by Size:
- Passenger Cars
- Market Breakup by Rim Size
- Market Breakup by Tire Size
- Market Breakup by Price Range
- Light Commercial Vehicles
- Market Breakup by Rim Size
- Market Breakup by Tire Size
- Market Breakup by Price Range
- Medium and Heavy Commercial Vehicles
- Market Breakup by Rim Size
- Market Breakup by Tire Size
- Market Breakup by Price Range
- Two-Wheelers
- Market Breakup by Rim Size
- Market Breakup by Tire Size
- Market Breakup by Price Range
- Three- Wheelers
- Market Breakup by Rim Size
- Market Breakup by Tire Size
- Market Breakup by Price Range
- Off-The-Road (OTR)
- Market Breakup by Rim Size
- Market Breakup by Tire Size
- Market Breakup by Price Range
Breakup by Distribution Channel:
- Offline
- Online
Breakup by Country:
- China
- India
- Japan
- Australia
- South Korea
- Thailand
- Indonesia
- Malaysia
- Pakistan
- Others
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being Michelin, Bridgestone Corporation, Continental AG, Goodyear Tire & Rubber Company, Sumitomo Corporation, Pirelli C. S.p.A., Yokohama Tire Corporation, Hankook Tire & Technology Co., Ltd., Toyo Tire Corporation, Kumho Tire Co., Ltd., etc.
Key Questions Answered in This Report
1.How big is the tire market in the Asia Pacific?
2.What factors are driving the growth of the Asia Pacific tire market?
3.What is the forecast for the tire market in the Asia Pacific?
4.Which segment accounted for the largest Asia Pacific tire radial/bias tires market share?
5.Which segment accounted for the largest Asia Pacific tire end-use market share?
6.Who are the major players in the Asia Pacific tire market?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Asia-Pacific Tire Industry
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Radial/Bias Tires
6.1 Radial
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Bias
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by End-Use
7.1 OEM
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Replacement
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Vehicle Type
8.1 Passenger Cars
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Light Commercial Vehicles
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Medium and Heavy Commercial Vehicles
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Two-Wheelers
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Off-The-Road (OTR)
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Three-Wheelers
8.6.1 Market Trends
8.6.2 Market Forecast
9 Market Breakup by Size
9.1 Passenger Cars
9.1.1 Market Breakup by Rim Size
9.1.2 Market Breakup by Tire Size
9.1.3 Market Breakup by Price Range
9.2 Light Commercial Vehicles
9.2.1 Market Breakup by Rim Size
9.2.2 Market Breakup by Tire Size
9.2.3 Market Breakup by Price Range
9.3 Medium and Heavy Commercial Vehicles
9.3.1 Market Breakup by Rim Size
9.3.2 Market Breakup by Tire Size
9.3.3 Market Breakup by Price Range
9.4 Two-Wheelers
9.4.1 Market Breakup by Rim Size
9.4.2 Market Breakup by Tire Size
9.4.3 Market Breakup by Price Range
9.5 Off-The-Road (OTR)
9.5.1 Market Breakup by Rim Size
9.5.2 Market Breakup by Tire Size
9.5.3 Market Breakup by Price Range
9.6 Three-Wheelers
9.6.1 Market Breakup by Rim Size
9.6.2 Market Breakup by Tire Size
9.6.3 Market Breakup by Price Range
10 Market Breakup by Distribution Channel
10.1 Offline
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Online
10.2.1 Market Trends
10.2.2 Market Forecast
11 Market Breakup by Country
11.1 China
11.1.1 Market Trends
11.1.2 Market Forecast
11.2 India
11.2.1 Market Trends
11.2.2 Market Forecast
11.3 Japan
11.3.1 Market Trends
11.3.2 Market Forecast
11.4 Australia
11.4.1 Market Trends
11.4.2 Market Forecast
11.5 Indonesia
11.5.1 Market Trends
11.5.2 Market Forecast
11.6 South Korea
11.6.1 Market Trends
11.6.2 Market Forecast
11.7 Thailand
11.7.1 Market Trends
11.7.2 Market Forecast
11.8 Malaysia
11.8.1 Market Trends
11.8.2 Market Forecast
11.9 Pakistan
11.9.1 Market Trends
11.9.2 Market Forecast
11.10 Other Regions
11.10.1 Market Trends
11.10.2 Market Forecast
12 Tire Pricing Analysis
12.1 Price Indicators
12.2 Cost Structure and Margins
12.3 Manufacturer and Distributor Prices
12.4 Price Trends and Forecast
13 SWOT Analysis
13.1 Overview
13.2 Strengths
13.3 Weaknesses
13.4 Opportunities
13.5 Threats
14 Value Chain Analysis
15 Porters Five Forces Analysis
15.1 Overview
15.2 Bargaining Power of Buyers
15.3 Bargaining Power of Suppliers
15.4 Degree of Competition
15.5 Threat of New Entrants
15.6 Threat of Substitutes
16 Competitive Landscape
16.1 Market Share and Structure
16.2 Key Players
16.3 Profiles of Key Players
16.3.1 Michelin
16.3.1.1 Company Overview
16.3.1.2 Product Portfolio
16.3.1.3 Financials
16.3.1.4 SWOT Analysis
16.3.2 Bridgestone Corporation
16.3.2.1 Company Overview
16.3.2.2 Product Portfolio
16.3.2.3 Financials
16.3.2.4 SWOT Analysis
16.3.3 Continental AG
16.3.3.1 Company Overview
16.3.3.2 Product Portfolio
16.3.3.3 Financials
16.3.3.4 SWOT Analysis
16.3.4 Goodyear Tire & Rubber Company
16.3.4.1 Company Overview
16.3.4.2 Product Portfolio
16.3.4.3 Financials
16.3.4.4 SWOT Analysis
16.3.5 Sumitomo Corporation
16.3.5.1 Company Overview
16.3.5.2 Product Portfolio
16.3.5.3 Financials
16.3.5.4 SWOT Analysis
16.3.6 Pirelli C. S.p.A.
16.3.6.1 Company Overview
16.3.6.2 Product Portfolio
16.3.6.3 Financials
16.3.6.4 SWOT Analysis
16.3.7 Yokohama Tire Corporation
16.3.7.1 Company Overview
16.3.7.2 Product Portfolio
16.3.7.3 Financials
16.3.7.4 SWOT Analysis
16.3.8 Hankook Tire & Technology Co., Ltd
16.3.8.1 Company Overview
16.3.8.2 Product Portfolio
16.3.8.3 Financials
16.3.8.4 SWOT Analysis
16.3.9 Toyo Tire Corporation
16.3.9.1 Company Overview
16.3.9.2 Product Portfolio
16.3.9.3 Financials
16.3.9.4 SWOT Analysis
16.3.10 Kumho Tire Co., Ltd.
16.3.10.1 Company Overview
16.3.10.2 Product Portfolio
16.3.10.3 Financials
16.3.10.4 SWOT Analysis
Figure 1: Asia-Pacific: Tire Market: Major Drivers and Challenges
Figure 2: Asia-Pacific: Tire Market: Sales Volume (in Million Units), 2019-2024
Figure 3: Asia-Pacific: Tire Market: Breakup by Radial/Bias Tires (in %), 2024
Figure 4: Asia-Pacific: Tire Market: Breakup by End-Use (in %), 2024
Figure 5: Asia-Pacific: Tire Market: Breakup by Vehicle Type (in %), 2024
Figure 6: Asia-Pacific: Tire Market: Breakup by Size (in %), 2024
Figure 7: Asia-Pacific: Tire Market: Breakup by Distribution Channel (in %), 2024
Figure 8: Asia-Pacific: Tire Market: Breakup by Country (in %), 2024
Figure 9: Asia-Pacific: Tire Market Forecast: Sales Volume (in Million Units), 2025-2033
Figure 10: Asia-Pacific: Tire (Radial) Market: Sales Volume (in Million Units), 2019 & 2024
Figure 11: Asia-Pacific: Tire (Radial) Market Forecast: Sales Volume (in Million Units), 2025-2033
Figure 12: Asia-Pacific: Tire (Bias) Market: Sales Volume (in Million Units), 2019 & 2024
Figure 13: Asia-Pacific: Tire (Bias) Market Forecast: Sales Volume (in Million Units), 2025-2033
Figure 14: Asia-Pacific: Tire (OEM) Market: Sales Volume (in Million Units), 2019 & 2024
Figure 15: Asia-Pacific: Tire (OEM) Market Forecast: Sales Volume (in Million Units), 2025-2033
Figure 16: Asia-Pacific: Tire (Replacement) Market: Sales Volume (in Million Units), 2019 & 2024
Figure 17: Asia-Pacific: Tire (Replacement) Market Forecast: Sales Volume (in Million Units), 2025-2033
Figure 18: Asia-Pacific: Tire (Passenger Cars Market: Sales Volume (in Million Units), 2019 & 2024
Figure 19: Asia-Pacific: Tire (Passenger Cars) Market Forecast: Sales Volume (in Million Units), 2025-2033
Figure 20: Asia-Pacific: Tire (Light Commercial Vehicles) Market: Sales Volume (in Million Units), 2019 & 2024
Figure 21: Asia-Pacific: Tire (Light Commercial Vehicles) Market Forecast: Sales Volume (in Million Units), 2025-2033
Figure 22: Asia-Pacific: Tire (Medium and Heavy Commercial Vehicles) Market: Sales Volume (in Million Units), 2019 & 2024
Figure 23: Asia-Pacific: Tire (Medium and Heavy Commercial Vehicles) Market Forecast: Sales Volume (in Million Units), 2025-2033
Figure 24: Asia-Pacific: Tire (Two-Wheelers) Market: Sales Volume (in Million Units), 2019 & 2024
Figure 25: Asia-Pacific: Tire (Two-Wheelers) Market Forecast: Sales Volume (in Million Units), 2025-2033
Figure 26: Asia-Pacific: Tire (Off-The-Road) Market: Sales Volume (in Million Units), 2019 & 2024
Figure 27: Asia-Pacific: Tire (Off-The-Road) Market Forecast: Sales Volume (in Million Units), 2025-2033
Figure 28: Asia-Pacific: Tire (Three-Wheelers) Market: Sales Volume (in Million Units), 2019 & 2024
Figure 29: Asia-Pacific: Tire (Three- Wheelers) Market Forecast: Sales Volume (in Million Units), 2025-2033
Figure 30: Asia-Pacific: Tire (Passenger Cars) Market: Breakup by Rim Size (in %), 2024
Figure 31: Asia-Pacific: Tire (Passenger Cars) Market: Breakup by Tire Size (in %), 2024
Figure 32: Asia-Pacific: Tire (Passenger Cars) Market: Breakup by Price Range (in %), 2024
Figure 33: Asia-Pacific: Tire (Light Commercial Vehicles) Market: Breakup by Rim Size (in %), 2024
Figure 34: Asia-Pacific: Tire (Light Commercial Vehicles) Market: Breakup by Tire Size (in %), 2024
Figure 35: Asia-Pacific: Tire (Light Commercial Vehicles) Market: Breakup by Price Range (in %), 2024
Figure 36: Asia-Pacific: Tire (Medium and Heavy Commercial Vehicles) Market: Breakup by Rim Size (in %), 2024
Figure 37: Asia-Pacific: Tire (Medium and Heavy Commercial Vehicles) Market: Breakup by Tire Size (in %), 2024
Figure 38: Asia-Pacific: Tire (Medium and Heavy Commercial Vehicles) Market: Breakup by Price Range (in %), 2024
Figure 39: Asia-Pacific: Tire (Two Wheelers) Market: Breakup by Rim Size (in %), 2024
Figure 40: Asia-Pacific: Tire (Two Wheelers) Market: Breakup by Tire Size (in %), 2024
Figure 41: Asia-Pacific: Tire (Two Wheelers) Market: Breakup by Price Range (in %), 2024
Figure 42: Asia-Pacific: Tire (Three Wheelers) Market: Breakup by Rim Size (in %), 2024
Figure 43: Asia-Pacific: Tire (Three Wheelers) Market: Breakup by Tire Size (in %), 2024
Figure 44: Asia-Pacific: Tire (Three Wheelers) Market: Breakup by Price Range (in %), 2024
Figure 45: Asia-Pacific: Tire (Off-The-Road) Market: Breakup by Rim Size (in %), 2024
Figure 46: Asia-Pacific: Tire (Off-The-Road) Market: Breakup by Tire Size (in %), 2024
Figure 47: Asia-Pacific: Tire (Off-The-Road) Market: Breakup by Price Range (in %), 2024
Figure 48: Asia-Pacific: Tire (Offline) Market: Sales Volume (in Million Units), 2019 & 2024
Figure 49: Asia-Pacific: Tire (Offline) Market Forecast: Sales Volume (in Million Units), 2025-2033
Figure 50: Asia-Pacific: Tire (Online) Market: Sales Volume (in Million Units), 2019 & 2024
Figure 51: Asia-Pacific: Tire (Online) Market Forecast: Sales Volume (in Million Units), 2025-2033
Figure 52: China: Tire Market: Sales Volume (in Million Units), 2019 & 2024
Figure 53: China: Tire Market Forecast: Sales Volume (in Million Units), 2025-2033
Figure 54: India: Tire Market: Sales Volume (in Million Units), 2019 & 2024
Figure 55: India: Tire Market Forecast: Sales Volume (in Million Units), 2025-2033
Figure 56: Japan: Tire Market: Sales Volume (in Million Units), 2019 & 2024
Figure 57: Japan: Tire Market Forecast: Sales Volume (in Million Units), 2025-2033
Figure 58: Australia: Tire Market: Sales Volume (in Million Units), 2019 & 2024
Figure 59: Australia: Tire Market Forecast: Sales Volume (in Million Units), 2025-2033
Figure 60: South Korea: Tire Market: Sales Volume (in Million Units), 2019 & 2024
Figure 61: South Korea: Tire Market Forecast: Sales Volume (in Million Units), 2025-2033
Figure 62: Thailand: Tire Market: Sales Volume (in Million Units), 2019 & 2024
Figure 63: Thailand: Tire Market Forecast: Sales Volume (in Million Units), 2025-2033
Figure 64: Indonesia: Tire Market: Sales Volume (in Million Units), 2019 & 2024
Figure 65: Indonesia: Tire Market Forecast: Sales Volume (in Million Units), 2025-2033
Figure 66: Malaysia: Tire Market: Sales Volume (in Million Units), 2019 & 2024
Figure 67: Malaysia: Tire Market Forecast: Sales Volume (in Million Units), 2025-2033
Figure 68: Pakistan: Tire Market: Sales Volume (in Million Units), 2019 & 2024
Figure 69: Pakistan: Tire Market Forecast: Sales Volume (in Million Units), 2025-2033
Figure 70: Other Regions: Tire Market: Sales Volume (in Million Units), 2019 & 2024
Figure 71: Other Regions: Tire Market Forecast: Sales Volume (in Million Units), 2025-2033
Figure 72: Asia-Pacific: Tire Industry: SWOT Analysis
Figure 73: Asia-Pacific: Tire Industry: Value Chain Analysis
Figure 74: Asia-Pacific: Tire Industry: Porter's Five Forces Analysis
Table 1: Asia-Pacific: Tire Market: Key Industry Highlights, 2024 and 2033
Table 2: Asia-Pacific: Tire Market Forecast: Breakup by Radial/Bias Tires (in Million Units), 2025-2033
Table 3: Asia-Pacific: Tire Market Forecast: Breakup by End-Use (in Million Units), 2025-2033
Table 4: Asia-Pacific: Tire Market Forecast: Breakup by Vehicle Type (in Million Units), 2025-2033
Table 5: Asia-Pacific: Tire Market Forecast: Breakup by Size (in Million Units), 2025-2033
Table 6: Asia-Pacific: Tire Market Forecast: Breakup by Distribution Channel (in Million Units), 2025-2033
Table 7: Asia-Pacific: Tire Market Forecast: Breakup by Country (in Million Units), 2025-2033
Table 8: Asia-Pacific: Tire Market: Competitive Structure
Table 9: Asia-Pacific: Tire Market: Key Players
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