Summer Tire Market Comprehensive Analysis and Forecast 2025-30

irene garcia
May 2
4 min read

Overview of the Global Summer Tire Market: Key Statistics and Trends:

According to the latest report by MarkNtel Advisors, titled “Global Summer Tire Market By Type of Vehicle (Sports Car, SUV/MUV, Light Trucks, Others), By Demand (OEM, Replacement), By Price Category (Budget- Upto USD250 Per unit, Economy- USD251 to 500 Per Unit, Premium- Above USD500 Per Unit), By Sales Channel (Dealer & Distributor, Online, Direct Sales), By Tire Size (Tire Size 1, Tire Size 2, Tire Size 3, Tire Size 4, Tire Size 5), The Global Summer Tire Market is projected to grow at a CAGR of around 4% during the forecast period, i.e., 2025-30. The report provides a thorough analysis of the market, covering competitor dynamics, regional insights, and a detailed breakdown of industry segments.

Global Summer Tire Market Growth and Scope:

Base Year: 2024

Forecast Period: 2025-30

Historical Data: 2020-23

CAGR (2025-2030): 4%

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A Comprehensive Analysis of Leading Companies of Summer Tire Market by MarkNtel Advisors:

Bridgestone
Michelin
Pirelli
Continental
Goodyear
Kumho
Hankook
Toyo
Yokohama Rubber Co., Ltd
Nankang Rubber Tire Corp., Ltd.
Nitto tires
NEXEN TIRE
Apollo Tires
Yokohama
Sumitomo Rubber
Nokian

Key Summer Tire Market Segmentation:

Explore Our Comprehensive Study: https://www.marknteladvisors.com/research-library/global-summer-tire-market-analysis.html

-By Vehicle Type

Passenger Cars
Light Commercial Vehicles
Medium & Heavy Commercial Vehicles
Off-the-Road (OTR) Vehicles
Two Wheelers
Three Wheelers

Of all vehicle types, Passenger cars are anticipated to dominate the Global Summer Tire Market with the largest share during 2025-30.

-By Demand Category

OEM
Replacement

Here, the aftermarket summer tires are projected to acquire the largest market share through 2030.

-By Price Category

Budget- Upto USD250 Per unit- Market Size & Forecast 2020-2030, Thousand Units
Economy- USD251 to 500 Per Unit- Market Size & Forecast 2020-2030, Thousand Units
Premium- Above USD500 Per Unit- Market Size & Forecast 2020-2030, Thousand Units

-By Sales Channel

Dealer & Distributor- Market Size & Forecast 2020-2030, Thousand Units
Online- Market Size & Forecast 2020-2030, Thousand Units
Direct Sales- Market Size & Forecast 2020-2030, Thousand Units

-By Tire Size

Tire Size 1- Market Size & Forecast 2020-2030, Thousand Units
Tire Size 2- Market Size & Forecast 2020-2030, Thousand Units
Tire Size 3- Market Size & Forecast 2020-2030, Thousand Units
Tire Size 4- Market Size & Forecast 2020-2030, Thousand Units
Tire Size 5- Market Size & Forecast 2020-2030, Thousand Units

Geographical Analysis

-By Region

North America
South America
Europe
Middle East & Africa
Asia Pacific

Amongst all regions globally, Asia-Pacific is expected to dominate the Summer Tires Market with the largest share during 2025-30.

Key Reports Highlights:

Market Dimensions & Projections
Pricing Evaluation,
Recent Strategic Moves by Companies,
Primary Stakeholders,
Analysis of Import and Export Trends,
Competitive Landscape Assessment,
Emerging Opportunities,
Market Trends and Indicators

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Key Advantages of the Report by MarkNtel Advisors:

Accurate Revenue Projections: The report provides precise revenue estimates for the market and its key sub segments, benefiting both market leaders and new entrants.
Strategic Insights for Stakeholders: By understanding the competitive landscape, stakeholders can strategically position their businesses and develop effective go-to-market strategies.
Comprehensive Market Dynamics Analysis: The report offers valuable insights into the key drivers, restraints, challenges, and opportunities within the market, helping stakeholders make well-informed decisions.

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

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

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