openPR Logo
Press release

Japan Tire (Tyre) Market Expected to Reach a Volume of 167.2 Million Units by 2025

02-07-2020 12:03 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Japan Tyre Market Share

Japan Tyre Market Share

According to the latest report by IMARC Group, titled "Japan Tyre Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025," the Japan tyre market size reached 163.1 Million Units in 2019. A tyre is a ring-shaped strong, flexible and pneumatic structure that is placed around the rim of a wheel. Manufactured using wire, fabric, carbon black, natural or synthetic rubber, and other chemical additives, the primary function of a tyre is to transfer the vehicle's load on the surface and to provide a sturdy grip between the road and the vehicle. It also offers a flexible cushion to absorb shock and reduce the impact of vibrations that assist in enhancing road feel and improving the overall performance of the vehicle.

Request to get sample report: https://www.imarcgroup.com/japan-tyre-market/requestsample

Japan Tyre Market Trends:

The market for tyres in Japan is primarily driven by the establishment of one of the most prominent automotive industries on a global level. Numerous key players, including Honda, Suzuki, Nissan, Toyota, Kawasaki, Mitsubishi and Yamaha, are based in Japan. In an effort to meet the domestic as well as the global demand for automobiles, the manufacturers are significantly increasing their production, thereby providing a thrust to the sales of tyres. Rapid urbanization and the increasing purchasing power of the majority of the population have contributed to large vehicle ownership in the country. This has catalyzed the demand for replacement tyres, which is further providing an impetus to the market growth. Moreover, the expansion of the e-retail sector in Japan has offered significant traction to the online sales of tyres, owing to the numerous associated benefits, such as reduced prices, vast product portfolio, brand comparison and fast delivery. On account of the aforementioned factors, the market is projected to reach a volume of 167.2 Million Units by 2025.

Browse full report with TOC's: https://www.imarcgroup.com/japan-tyre-market

Insights on Market Segmentation:

Breakup by Vehicle Type

1. Passenger Car Tyres

2. Light Truck Tyres

3. Truck and Bus Tyres

4. Special Vehicle Tyres

5. Motorcycle Tyres

On the basis of the vehicle type, the market has been divided into passenger car, light truck, truck and bus, special vehicle, and motorcycle tyres. Among these, the passenger car tyres dominated the market share.

Breakup by OEM and Replacement Segment

1. OEM Tyres

2. Replacement Tyres

Based on the OEM and replacement segments, the replacement tyres segment exhibits a clear dominance in the market.

Breakup by Radial and Bias Tyres

1. Bias Tyres

2. Radial Tyres

The Japan tyre market has been bifurcated on the basis of the radial and bias tyres. At present, radial tyres account for the majority of the total market share.

Breakup by Tube and Tubeless Tyres

1. Tube Tyres

2. Tubeless Tyres

According to analysis based on tube and tubeless tyres, tubeless tyres currently represent the largest segment.

Competitive Landscape

The competitive landscape of the market has been examined in the report with the detailed profiles of the key players operating in the market.

Contact Us

30 N Gould St
Ste R
Sheridan, WY 82801
USA
Email: sales@imarcgroup.com
Website: https://www.imarcgroup.com
Follow us on twitter: @imarcglobal

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Japan Tire (Tyre) Market Expected to Reach a Volume of 167.2 Million Units by 2025 here

News-ID: 1923301 • Views:

More Releases from IMARC Group

GCC Pet Food Market Size is Expected to Reach USD 422.9 Million By 2033 | CAGR: 5.3%
GCC Pet Food Market Size is Expected to Reach USD 422.9 Million By 2033 | CAGR: …
GCC Pet Food Market Overview Market Size in 2024: USD 266.2 Million Market Size in 2033: USD 422.9 Million Market Growth Rate 2025-2033: 5.3% According to IMARC Group's latest research publication, "GCC Pet Food Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", the GCC pet food market size was valued at USD 266.2 Million in 2024. Looking forward, IMARC Group estimates the market to reach USD 422.9 Million by 2033, exhibiting a
GCC Residential Real Estate Market Size to Worth USD 147.77 Billion by 2033 | With a 7.50% CAGR
GCC Residential Real Estate Market Size to Worth USD 147.77 Billion by 2033 | Wi …
GCC Residential Real Estate Market Overview Market Size in 2024: USD 73.31 Billion Market Size in 2033: USD 147.77 Billion Market Growth Rate 2025-2033: 7.50% According to IMARC Group's latest research publication, "GCC Residential Real Estate Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", the GCC residential real estate market size was valued at USD 73.31 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 147.77 Billion by
GCC Drones Market Size to Surpass USD 2,005.3 Million by 2033 | With a 13.3% CAGR
GCC Drones Market Size to Surpass USD 2,005.3 Million by 2033 | With a 13.3% CAG …
GCC Drones Market Overview Market Size in 2024: USD 588.2 Million Market Size in 2033: USD 2,005.3 Million Market Growth Rate 2025-2033: 13.3% According to IMARC Group's latest research publication, "GCC Drones Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", The GCC drones market size was valued at USD 588.2 Million in 2024. Looking forward, IMARC Group estimates the market to reach USD 2,005.3 Million by 2033, exhibiting a growth rate of
Medical Imaging Market to Surpass USD 70.8 Billion by 2033, at a CAGR of 5.03%
Medical Imaging Market to Surpass USD 70.8 Billion by 2033, at a CAGR of 5.03%
Market Overview: The medical imaging market is experiencing rapid growth, driven by Growing Burden of Chronic and Age-Related Diseases, Expansion of Government-Funded Health Infrastructure and Technological Advancements in Imaging Modalities. According to IMARC Group's latest research publication, "Medical Imaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", The global medical imaging market size reached USD 44.5 Billion in 2024. Looking forward, IMARC Group expects the market to reach

All 5 Releases


More Releases for Tyre

Pakistan Rubber Tyre Market : Pneumatic Rubber Tyre, Retreaded Rubber Tyre, Cush …
According to a recent report published by Allied Market Research, titled, "Pakistan rubber tyre Market by Tyre, Component, Design, and Vehicle Type: Opportunity Analysis and Industry Forecast, 2018 - 2025," Pakistan rubber tyre market size was valued at $272.10 million in 2017, and is projected to reach $1,592.90 million by 2025, registering a CAGR of 24.8% from 2018 to 2025. The radial type design segment was the highest contributor to
Pakistan Rubber Tyre Market : Pneumatic Rubber Tyre, Retreaded Rubber Tyre, Cush …
The global Pakistan rubber tyre market size was valued at $272.10 million in 2017, and is projected to reach $1,592.90 million by 2025, registering a CAGR of 24.8% from 2018 to 2025. The radial type by design segment was the highest revenue contributor in 2017, accounting for $207.7 million, and is estimated to reach $1,196.4 million by 2025, registering a CAGR of 24.6% during the forecast period. Download Sample Report at
Pakistan Rubber Tyre Market : Pneumatic Rubber Tyre, Retreaded Rubber Tyre, Cush …
According to a recent report published by Allied Market Research, titled, "Pakistan rubber tyre Market by Tyre, Component, Design, and Vehicle Type: Opportunity Analysis and Industry Forecast, 2018 - 2025," Pakistan rubber tyre market size was valued at $272.10 million in 2017, and is projected to reach $1,592.90 million by 2025, registering a CAGR of 24.8% from 2018 to 2025. The radial type design segment was the highest contributor to
Off-road Tyre Market See Huge Growth for New Normal | AEOLUS TYRE, TOYO Tyre, Co …
The latest report on the "Off-road Tyre Market" study has evaluated the future growth potential and provides information and useful stats on market structure and size. The research provides a comprehensive analysis of development trends, revenue growth, and market share for the forecast period of 2022 to 2028. It highlights an overview of the market dynamics of the Off-road Tyre market, which includes drivers, restraints, and opportunities that are influencing
Rubber Tyre and Tube Market 2020: Key Players – General Tyre and Rubber, Servi …
Rubber Tyre and Tube Industry Description Wiseguyreports.Com Adds “Rubber Tyre and Tube -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2025” To Its Research Database Rubber Tyre and Tube market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Rubber Tyre and Tube market will be able to gain the upper hand as they use the report as a powerful resource. The segmental
Pakistan Rubber Tyre and Tube Market Players to See Huge Investments Opportuniti …
Key Findings of the Pakistan Rubber Tyre and Tube Market: o In 2017, based on channel, aftermarket generated the highest revenue. o In 2017, by vehicle type, the commercial vehicles type was the highest revenue contributor. o In 2017, by design, the radial segment was the highest revenue contributor. Download Report Sample (177 Pages PDF with Insights): https://www.alliedmarketresearch.com/request-sample/6242 The key players analyzed in this pakistan rubber tyre and tube market report include General Tyre and Rubber Co. Ltd.,