Press release
Rising SUV Popularity Fuels Growth In All-Weather Tire Market: A Key Driver Powering All Weather Tire Market Growth In 2025
All Weather Tire Market Size
What Is the Current All Weather Tire Market Size and Its Estimated Growth Rate?
The all weather tire market has shown consistent growth, projected to reach $197.19 billion in 2025 from $185.14 billion in 2024 at a CAGR of 6.5%. Drivers included consumer preference for year-round tires, EV adoption needing specialized designs, demand for convenience, urbanization trends, and performance-focused product interest.
The all weather tire market will increase to $250.82 billion in 2029 at a CAGR of 6.2%, thanks to environmental regulations, changing weather patterns, diverse consumer needs, and sustainability efforts. Trends involve premium product lines, smart tire tech, sustainable manufacturing, and innovations in materials.
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How Are Emerging Segments Shaping the All Weather Tire Market Landscape?
The all weather tire market covered in this report is segmented -
1) By Rim Size: 12 Inch - 17 Inch, 18 Inch - 21 Inch, Greater Than 22 Inch
2) By Sales Channel: Original Equipment Manufacturer (OEM), Aftermarket
3) By Vehicle Type: Passenger Cars, Light Commercial Vehicle (LCV), Heavy Commercial Vehicle (HCV)
Subsegments:
1) By 12 Inch - 17 Inch: Small Car Tires, Compact Car Tires, Entry-Level Vehicle Tires
2) By 18 Inch - 21 Inch: Mid-Size Car Tires, Luxury Car Tires, Performance Vehicle Tires
3) By Greater Than 22 Inch: SUV Tires, Light Truck Tires, Premium And High-Performance Vehicle Tires
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Which Growth Factors Are Influencing All Weather Tire Market Expansion?
The all weather tire market is advancing with the increasing preference for sports utility vehicles (SUVs). These vehicles are favored for their space, performance, and versatility. All weather tires support performance in varied conditions, enhancing SUV functionality. The International Energy Agency reported in June 2024 that the number of conventional SUVs grew from 14.21 million in 2022 to 16.03 million in 2023. This supports the market for all weather tires.
Who Are the Dominant Players Across Different All Weather Tire Market Segments?
Major companies operating in the all weather tire market are Continental AG, Bridgestone Corporation, Michelin, The Goodyear Tyre & Rubber Company, Maxxis International, Sumitomo Rubber Industries Ltd., Giti Tire Pte Ltd., Pirelli & C. S.p.A., Hankook Tire and Technology Co. Ltd., Toyo Tire Corporation, MRF Ltd., Kumho Tire Co. Inc., Apollo Tyres, Cooper Tire and Rubber Co., Nexen Tire, Nokian Tyres Plc, CEAT Ltd., Firestone Complete Auto Care, Yokohama Tire Corporation, Falken Tire Corp., BFGoodrich Inc., Omni United (S) Pte. Ltd., Sailun Tire, Nitto Tire USA Inc., Uniroyal Tires Inc.
What Trends Are Expected to Dominate the All Weather Tire Market in the Next 5 Years?
In the all weather tire market, companies are innovating with long-tread-life tires for specific vehicle categories. In October 2023, Yokohama Tire released the Geolander CV 4S, designed for minivans, crossovers, and SUVs, featuring an asymmetric tread pattern and zig-zag grooves to ensure wet and winter traction.
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Which Geographic Regions Are Expected to Dominate the All Weather Tire Market in the Coming Years?
North America was the largest region in the all-weather tire market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the all weather tire market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the All Weather Tire Market?
2. What is the CAGR expected in the All Weather Tire Market?
3. What Are the Key Innovations Transforming the All Weather Tire Industry?
4. Which Region Is Leading the All Weather Tire Market?
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