openPR Logo
Press release

Europe Tire Market is projected to grow at around 5% CAGR during the forecast period 2023-28.

12-05-2023 11:02 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: MarkNtel Advisors

Europe Tire Market is projected to grow at around 5% CAGR during

The Europe Tire Market Analysis, 2028 report by MarkNtel Advisors is a comprehensive study of the industry's historical, current, and forecasted trends. The report was prepared after rigorously analyzing aspects such as growth drivers, restraints, opportunities, challenges, and demand scenarios. The report is intended to help stakeholders make informed decisions while investing in the Europe Tire Market, which is projected to witness a CAGR of 5% during 2023-28.

"In case you missed it, we are currently revising our reports. Click on the below to get the most latest research data with forecast for years 2024 to 2030, including market size, industry trends, and competitive analysis. It wouldn't take long for the team to deliver the most recent version of the report."

Request for Free Sample Report: https://www.marknteladvisors.com/query/request-sample/europe-tire-market.html

The report provides detailed data on the current and estimated size and growth pace of the market expected during the forecast years. The historical period considered in the research study is 2018-21, while the base year remains 2022.

Analysts have presented unbiased and verified insights in the form of graphs and tables, primarily for delivering a better outlook on the industry for the key stakeholders. Such factors shall help them expand their visibility and make strategic moves accordingly in the future.

All the different aspects cited in the report are generated after undergoing rigorous research with the extensive use of tools like Porter's Five Forces model by our researchers to study and understand key elements behind the ups and downs of the industry growth. Nonetheless, the stakeholders can also find detailed insights on the attractiveness of the Europe Tire Market with detailed perspicuity into the most and least opportunistic segments across different geographic locations.

Read Full Report: https://www.marknteladvisors.com/research-library/europe-tire-market.html

Impact of Covid-19 on the Europe Tire Market

The advent of Covid-19 portrayed fluctuating dynamics of the Europe Tire Market. The recent report on the industry covers a comprehensive understanding of the shifts observed in the growth trajectory of the industry since 2020. The study also talks about the evolutions in purchase patterns and demand rate of the end-users before, amidst, and anticipated changes post the pandemic.

Such data has been gathered after interacting with industry experts and getting insights from the ground reality in the industry, enabling the stakeholders to have analysis on the changing dynamics. Furthermore, the section also exhibits the latest information associated with the Europe Tire Market, especially after the upliftment of restrictions. It shall help the stakeholders to take appropriate measures for their sustainability in the market in case such a situation reoccurs in the forthcoming years.

Detailed Analysis of Segmentation in the Europe Tire Market

Our report encircles a thorough evaluation of the highly fragmented bifurcations of the Europe Tire Market after observing the past, present, and projected future trends. Such factors shall critically help the stakeholders to get a clear idea of the most vital aspects of the industry responsible for the market growth during 2023-28.

Talk to Our Consultant: https://www.marknteladvisors.com/query/talk-to-consultant/europe-tire-market.html

Listed below are the different market segmentations profiled in the research report:

-By Type of Vehicle

*Passenger Car- Market Size & Forecast 2018-2028, Thousand Units
*Light Commercial Vehicle- Market Size & Forecast 2018-2028, Thousand Units
*Medium & Heavy Commercial Vehicle- Market Size & Forecast 2018-2028, Thousand Units
*Two Wheelers- Market Size & Forecast 2018-2028, Thousand Units
*Off the Road (OTR) Vehicles- Market Size & Forecast 2018-2028, Thousand Units

-By Demand Category

*OEM- Market Size & Forecast 2018-2028, Thousand Units
*Replacement- Market Size & Forecast 2018-2028, Thousand Units

-By Type of Tire

*Radial- Market Size & Forecast 2018-2028, Thousand Units
*Bias- Market Size & Forecast 2018-2028, Thousand Units

-By Sales Channel

*Direct Sales- Market Size & Forecast 2018-2028, Thousand Units
*Multi-Brand Outlets- Market Size & Forecast 2018-2028, Thousand Units
*Exclusive Outlets- Market Size & Forecast 2018-2028, Thousand Units
*Online- Market Size & Forecast 2018-2028, Thousand Units

-By Season

*All Season- Market Size & Forecast 2018-2028, Thousand Units
*Winter- Market Size & Forecast 2018-2028, Thousand Units

-By Price Category

*Budget- Market Size & Forecast 2018-2028, Thousand Units
*Economy- Market Size & Forecast 2018-2028, Thousand Units
*Premium- Market Size & Forecast 2018-2028, Thousand Units

-By Rim Diameter

*Up to 12"- Market Size & Forecast 2018-2028, Thousand Units
*12.1" to 15"- Market Size & Forecast 2018-2028, Thousand Units
*15.1" to 18"- Market Size & Forecast 2018-2028, Thousand Units
*18.1" to 20"- Market Size & Forecast 2018-2028, Thousand Units
*20.1" to 26"- Market Size & Forecast 2018-2028, Thousand Units
*26.1to 35"- Market Size & Forecast 2018-2028, Thousand Units
*35.1" to 47"- Market Size & Forecast 2018-2028, Thousand Units
*Above 47"- Market Size & Forecast 2018-2028, Thousand Units

-By Country

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

Competitive Landscape of the Europe Tire Market

This section showcases data associated with the competitive landscape of key companies operating in the Europe Tire Market, along with recent developments, marketing strategies, product portfolio, expansions, demand, revenue generation, and supply chain models, among others. Additionally, it covers insights on collaborations, partnerships, mergers and acquisitions, entwined with the number of new entrants and their influence on the market growth. Cited below are the prominent players participating in the industry are:

-Michelin
-Continental
-Bridgestone
-Pirelli
-Dunlop
-Hankook
-Goodyear
-Nokian
-Yokohama
-Cooper Tires
-Others

Call πŸ“ž +1 628 895 8081 +91 120 4278433

Email: πŸ“§ sales@marknteladvisors.com

Corporate Office: 🏒 Office No.106, H-160, Sector 63, Noida, Uttar Pradesh - 201301, India

ABOUT US:

MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

Read More Report-

https://www.marknteladvisors.com/research-library/usa-organic-food-market.html

https://www.marknteladvisors.com/research-library/global-vitamin-b12-market.html

https://www.marknteladvisors.com/research-library/geofoam-market.html

https://www.marknteladvisors.com/research-library/india-automotive-lubricants-market.html

https://www.marknteladvisors.com/research-library/saudi-arabia-air-conditioner-market.html

https://www.marknteladvisors.com/research-library/uae-facility-management-market.html

https://www.marknteladvisors.com/research-library/global-artificial-intelligence-chip-market.html

https://www.marknteladvisors.com/research-library/global-farming-as-a-service-market.html

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 Europe Tire Market is projected to grow at around 5% CAGR during the forecast period 2023-28. here

News-ID: 3315692 • Views: …

More Releases from MarkNtel Advisors

Air Data Systems Market Set to Reach $1.9 Billion by 2030, Driven by 6.5% CAGR a …
Executive Summary The Global Air Data Systems Market is on an upward trajectory, projected to grow from approximately USD 1.2 billion in 2022 to significant heights by 2030, with an estimated CAGR of 6.5%. This growth is largely driven by advancements in aviation technology, increased demand for unmanned aerial vehicles (UAVs), and rising investments in the aerospace sector. The report thoroughly examines market trends, competitive landscapes, and technological advancements to…
Regenerative Medicine Market FY 2025-30: Industry Size Projected to Reach USD 112 Billion by 2030 - MarkNtel Advisors
Regenerative Medicine Market FY 2025-30: Industry Size Projected to Reach USD 11 …
Executive Summary The global regenerative medicine market is projected to experience remarkable growth, increasing from USD 32 billion in 2023 to an estimated USD 112 billion by 2030, with a CAGR of approximately 18.5%. This growth is driven by significant advancements in biological therapies and personalized medicine approaches, addressing chronic diseases with unmet medical needs. The report provides an extensive analysis, covering market dynamics, competitive landscape, and emerging trends in regenerative…
India Pharmaceutical Market FY 2025-30 to Reach USD 92.32 Billion Value By 2030 with 11.62% CAGR: MarkNtel Advisors
India Pharmaceutical Market FY 2025-30 to Reach USD 92.32 Billion Value By 2030 …
The India Pharmaceutical Market, valued at USD 53.29 billion in 2025, is forecasted to grow at a CAGR of 11.62%, reaching nearly USD 92.32 billion by 2030. This rapid expansion reflects India's role as a global hub for affordable and quality medicines, supported by government policies, innovation, and growing global demand. India, known as the "pharmacy of the world," already supplies 20% of global generic medicines and over 60% of global…
Halal Food Market Valued at USD 2,545.9 Billion in 2023, Projected to Reach USD 5,243 Billion by 2030 with a 9.6% CAGR, Reports MarkNtel Advisors
Halal Food Market Valued at USD 2,545.9 Billion in 2023, Projected to Reach USD …
The Global Halal Food Market size was valued at USD 2,545.9 billion in 2023 and is projected to reach USD 5,243 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 9.6% during the forecast period, i.e., 2024-30, cites MarkNtel Advisors in the recent research report. The cultural norm to only consume halal-certified food products for the Islamic belief population across the globe…

All 5 Releases


More Releases for Units

Emergency Lighting Control Units Market
Emergency Lighting Control Units Market Overview Emergency lighting control unit is a self-contained, emergency lighting control device. It provides all required functionality to allow any standard lighting control device to control emergency lighting in conjunction with normal lighting in any area within a building. This report provides a deep insight into the global Emergency Lighting Control Units market covering all its essential aspects. This ranges from a macro overview of the market…
Acorn Mini Self Storage Units - Eagan Expands Storage Solutions with Business an …
As the demand for flexible and affordable storage options continues to grow, Acorn Mini Self Storage Units - Eagan is pleased to announce the expansion of its comprehensive storage solutions. Whether for personal or business purposes, the facility offers a wide range of units designed to accommodate various needs. With the growing trend toward simplifying living and workspaces, the importance of reliable mini storage [https://www.acornministorage.com/self-storage-facilities/eagan/#:~:text=15%20Acorn-,Mini%20Storage,-%C2%AE%20locations%20across%20the] and secure business storage options…
India Tire Market Projections 2024-2030: From 194.57 Million Units to 239.30 Mil …
𝐈𝐧𝐝𝐒𝐚 π“π’π«πž 𝐌𝐚𝐫𝐀𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐑 𝐨𝐫 πƒπžπ¦πšπ§π 𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐞 𝐨𝐫 πƒπžπœπ«πžπšπ¬πž 𝐟𝐨𝐫 𝐰𝐑𝐚𝐭 𝐜𝐨𝐧𝐭𝐚𝐒𝐧𝐬?? Tires, indispensable components of vehicles, play a crucial role in enhancing performance and safety by providing traction and shock absorption. India's automotive industry expansion, encompassing passenger cars, commercial vehicles, and two-wheelers, is a pivotal driver for tire market growth. The surge in vehicle ownership, coupled with ongoing infrastructure projects like road improvements and expansions, amplifies the demand for tires…
Airport Stands Equipment Market Application & Key Boarding Bridges, Ground Power …
Continuous rise in global freight and passenger traffic, modernization of airports, and high demand of new aircrafts drive the growth of the global airport stands equipment market. However, long shelf life of airport stand equipment and dearth of skilled workforce hampers the market growth. Airport stands equipment Market by Type: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global airport stands equipment market was valued at $1,096 million in 2016, and…
Airport Ground Handling Market Application & Key Boarding Bridges, Ground Power …
Airport Ground Handling Market 2020-2030: The market is segmented on the basis of application and region. By Application, it is categorized into passenger handling, cargo handling, and aircraft handling. On the basis of region, it is analyzed for North America (U.S., Canada, Mexico), Europe (UK, Germany, France, Italy, and Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, and Rest of Asia-Pacific), LAMEA (Latin America, the Middle East, and Africa). Download…
Airport Stands Equipment Market Application & Key Boarding Bridges, Ground Power …
Continuous rise in global freight and passenger traffic, modernization of airports, and high demand of new aircrafts drive the growth of the global airport stands equipment market. However, long shelf life of airport stand equipment and dearth of skilled workforce hampers the market growth. Airport stands equipment Market by Type: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global airport stands equipment market was valued at $1,096 million in 2016, and…