Japan Tyre (Tire) Market Size, Share, Trends and Forecast 2021-2026

Press Release:

Japan Tyre Market to Reach 167.2 Million Units by 2025, Catalyzed by Thriving Automotive Industry

*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Japan Tyre Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

Japan tyre market reached a volume of 118 Million Units in 2020. Looking forward, IMARC Group expects the market exhibit moderate growth during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end-use industries. These insights are included in the report as a major market contributor.

The Japanese tyre market can be segmented into replacement tyres and the OEM segment. The market is currently dominated by replacement tires which currently account for 61% of the total sales volumes. Currently around 71% of the total replacement tire volumes is accounted by passenger cars. Passenger cars were followed by light trucks, and truck and bus tires. The market for replacement tires in Japan is driven by usage patterns and replacement cycles. The market for OEM tires on the other hand is driven by new automobile sales and exports. Japan currently represents a manufacturing hub for some of the world’s largest automobile companies such as Toyota, Honda, Nissan, Suzuki, Mitsubishi, Kawasaki, Mazda, Yamaha, Subaru, Isuzu, etc. This represents a major catalyst for the OEM tire market. Around 83% of the total OEM Tire volumes are currently accounted by passenger cars. Passenger cars were followed by light truck tyres, truck and bus tyres, special vehicle tyres and motorcycle tyres. The Tyre market is quite concentrated in Japan with some of the largest players being Bridgestone Corporation, Sumitomo Rubber Industries, Ltd., Yokohama Rubber Company, Limited, and Toyo Tire & Rubber Company.

Japan Tyre Market Size Report

IMARC Group’s latest report provides a deep insight into the Japan tyre market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Japan tyre market in any manner.

Report Scope:

Historical, Current and Future Market Trends
Market Breakup by Vehicle Type
- Passenger Car Tyres
- Light Truck Tyres
- Truck and Bus Tyres
- Special Vehicle Tyres
- Motorcycle Tyres
Market Breakup by OEM and Replacement Segment
- OEM Tyres
  - Passenger Car Tyres
  - Light Truck Tyres
  - Truck and Bus Tyres
  - Special Vehicle Tyres
  - Motorcycle Tyres
- Replacement Tyres
  - Passenger Car Tyres
  - Light Truck Tyres
  - Truck and Bus Tyres
  - Special Vehicle Tyres
  - Motorcycle Tyres
Imports and Exports
- Imports
- Exports
Market Breakup by Radial and Bias Tyres
- Bias Tyres
- Radial Tyres
Market Breakup by Tube and Tubeless Tyres
- Tube Tyres
- Tubeless Tyres
Value Chain Analysis
Key Drivers and Challenges
Porters Five Forces Analysis
PESTEL Analysis
Government Regulations
Competitive Landscape
- Competitive Structure
- Key Player Profiles

Key Questions Answered in This Report:

How has the Japan tyre market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the Japan tyre market?
What is the breakup of the market based on the vehicle type?
What is the breakup of the market based on the OEM and replacement segment?
What is the breakup of the market based on the radial and bias tyres?
What is the breakup of the market based on tube and tubeless tyres?
What are the various stages in the value chain of the Japan tyre industry?
What are the key driving factors and challenges in the Japan tyre industry?
What is the structure of the Japan tyre industry and who are the key players?
What is the degree of competition in the Japan tyre industry?
What are the profit margins in the Japan tyre industry?

Report Coverage:

Base Year Considered: 2020
Historical Data Coverage: 2015-2020
Market Forecast: 2021-2026
Currency: US$
Geography Covered: Japan
Segments Covered: Vehicle Type, OEM and Replacement Segment, Exports and Imports, Radial and Bias Tyre and Tube and Tubeless Tyre

Report Customization: Although IMARC has tried to cover everything in the tyre market landscape, we believe that every stakeholder may have their own specific needs. In view of this, we provide up to 20 man hours of free customization for each report.