Europe Tire Market Analysis 2025–2030: Size, Share & Future Outlook

Market Size, Growth & Valuation (2025-30)

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.

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Europe Tire Market Structure – Segmentation & 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

Key Growth Trends (2025-2030)

Emerging Smart Tire Innovation – Technological advancement is a pivotal force boosting the Europe tire market’s growth trajectory. Leading manufacturers are investing in smart tire technologies, integrating sensors for real-time monitoring of pressure, temperature, and tread wear, which enhances safety and enables predictive maintenance. Innovations such as airless tires, advanced tread designs, and the use of nano-materials and silica compounds are improving durability, traction, and energy efficiency, especially for electric and high-performance vehicles. Also, artificial intelligence is also being utilized for wear forecasting and optimizing tire life cycles. These advancements not only meet the stringent EU safety and environmental regulations but also cater to the evolving needs of consumers and fleets seeking longer-lasting, eco-friendly, and high-performance tires, thereby driving sustained market expansion.

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Research Methodology

MarkNtel Advisors employs a thorough and iterative research methodology to enhance accuracy in market estimates. Our process combines bottom-up and top-down approaches, focusing on data triangulation for validation. It includes defining research objectives, selecting representative samples, and collecting data through surveys and interviews. Post-collection, we analyze and validate the data using statistical tools, ensuring reliability. Finally, we forecast market trends through predictive modeling, compiling our insights into detailed reports with charts and strategic recommendations for informed decision-making.

Competitive Analysis Framework

The Europe Tire industry is moderately fragmented, with key players focusing on technological advancements and strategic partnerships. A detailed competitive analysis helps businesses benchmark against industry leaders and identify growth opportunities.

Leading Europe Tire Companies are:

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

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Key Questions Answered in This Report:

What is the current market size of Europe Tire, and what growth rate is projected by 2030?
Which key trends are driving Europe Tire market expansion in the next five years?
How does market segmentation impact industry dynamics?
Which geographic regions offer the highest growth potential?
What are the primary challenges hindering Europe Tire industry growth?
How do regulatory policies influence market development?
What are the latest technological advancements impacting the sector?
Who are the leading Europe Tire companies, and what are their market shares?
What strategies are top competitors adopting to maintain dominance?
What are the emerging niche segments with high growth potential?
How do macroeconomic factors affect market performance?
What are the investment opportunities for new entrants?
How does pricing strategy vary across different market segments?
What are the future innovation trends expected in this industry?

Other Report:

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