Saudi Arabia Tire Market

The Saudi Arabia tire market grew at a CAGR of around 7% during 2014-2019. The Saudi Arabia tire market is predominantly import driven, with a considerable penetration of Chinese tire brands owing to their affordability and easy availability. However, over the past several years, the flagships brands have been gaining momentum as a result of high-quality assurance and extended life cycle of the products they offer.

Rapid development in the automobile sector of Saudi Arabia is contributing to the strong growth of the tire market. The expanding consumer base supported by the elevating living standards and increasing per capita expenditure on premium vehicle components further augments the market growth. The rising penetration of international tire brands offering high-quality assurance and extended product life has led to their growing presence in Saudi Arabia. Additionally, several regional tire manufacturing companies are entering into strategic partnerships and alliances with international players for expanding their product portfolios, thus leading to product premiumization. furthermore, in 2018, Saudi Arabia allowed women to drive a car on their own, ending a ban where women were legally required to be driven by chauffeurs or travel with male family members. This is expected to further drive the demand of tires in Saudi Arabia.  Other factors that will catalyse the demand of tires in Saudi Arabia include increasing number of infrastructure projects, growing construction industry, rising demand for replacement tires, etc. Looking forward, IMARC Group expects the market to continue its moderate growth during the next five years.

Breakup by Type

• Radial
• Bias
   

Breakup by End-Use:

• OEM
• Replacement

Breakup by Vehicle Type:

• Passenger Cars
• Light Commercial Vehicles
• Medium and Heavy Commercial Vehicles
• Two-Wheeler
• Off-The-Road (OTR)

Breakup by Size:

• Passenger Cars
  • Market Breakup by Rim Size
  • Market Break by Tire Size
• Light Commercial Vehicles
  • Market Breakup by Rim Size
  • Market Breakup by Tire Size
• Medium and Heavy Commercial Vehicles
  • Market Breakup by Rim Size
  • Market Breakup by Tire Size
• Two Wheelers
  • Market Breakup by Rim Size
  • Market Breakup by Tire Size
• Off-The-Road (OTR) 
  • Market Breakup by Rim Size
  • Market Breakup by Tire Size
     

Breakup by Distribution Channel

• Offline
• Online
   

Breakup by Regions:

• Eastern 
• Central
• Northern
• Northwest
• Midwest
• Southwest
   

Key Questions Answered in This Report:

• How has the Saudi Arabia tire market performed so far and how will it perform in the coming years?
• What are the key product types in the Saudi Arabia tire industry?
• What are the key end-use segments in the Saudi Arabia tire industry?
• What are the key vehicle types in the Saudi Arabia tire industry?
• What are the key distribution channels in the Saudi Arabia tire industry?
• What are the key regional markets in the Saudi Arabia tire industry?
• What are the various stages in the value chain of the Saudi Arabia tire industry?
• What are the key driving factors and challenges in the Saudi Arabia tire industry?
• What is the structure of the Saudi Arabia tire industry and who are the key players?
• What is the degree of competition in the Saudi Arabia tire industry?
• What are the profit margins in the Saudi Arabia tire industry?

1   Preface
2   Scope and Methodology
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction    
    4.1    Overview    
    4.2    Key Industry Trends
5   Saudi Arabia Tire Industry
    5.1    Market Overview
    5.2    Market Performance
    5.3    Market Forecast   
6   Market Breakup by Type
    6.1    Radial 
        6.1.1    Market Trends
        6.1.2    Market Forecast
    6.2    Bias 
        6.2.1    Market Trends
        6.2.2    Market Forecast
7   Market Breakup by End-Use
    7.1    OEM 
        7.1.1    Market Trends
        7.1.2    Market Forecast
    7.2    Replacement 
        7.2.1    Market Trends
        7.2.2    Market Forecast
8   Market Breakup by Vehicle Type
    8.1    Passenger Cars
        8.1.1    Market Trends
        8.1.2    Market Forecast
    8.2    Light Commercial Vehicles
        8.2.1    Market Trends
        8.2.2    Market Forecast
    8.3    Medium and Heavy Commercial Vehicles
        8.3.1    Market Trends
        8.3.2    Market Forecast
    8.4    Two Wheelers
        8.4.1    Market Trends
        8.4.2    Market Forecast
    8.5    Off-The-Road (OTR)
        8.5.1    Market Trends
        8.5.2    Market Forecast
9   Market Breakup by Tire Size
    9.1    Passenger Cars
        9.1.1    Market Trends
        9.1.2    Market Breakup by Rim Size
        9.1.3    Market Breakup by Tire Size
        9.1.4    Market Forecast
    9.2    Light Commercial Vehicles
        9.2.1    Market Trends
        9.2.2    Market Breakup by Rim Size
        9.2.3    Market Breakup by Tire Size
        9.2.4    Market Forecast
    9.3    Medium and Heavy Commercial Vehicles
        9.3.1    Market Trends
        9.3.2    Market Breakup by Rim Size
        9.3.3    Market Breakup by Tire Size
        9.3.4    Market Forecast
    9.4    Two Wheelers
        9.4.1    Market Trends
        9.4.2    Market Breakup by Rim Size
        9.4.3    Market Breakup by Tire Size
        9.4.4    Market Forecast
    9.5    Off-The-Road (OTR)
        9.5.1    Market Trends
        9.5.2    Market Breakup by Rim Size
        9.5.3    Market Breakup by Tire Size
        9.5.4    Market Forecast
10   Market Breakup by Distribution Channel
    10.1    Offline    
        10.1.1    Market Trends
        10.1.2    Market Forecast
    10.2    Online    
        10.2.1    Market Trends
        10.2.2    Market Forecast
11    Market Breakup by Region
    11.1    Eastern     
        11.1.1    Market Trends
        11.1.2    Market Forecast
    11.2    Central    
        11.2.1    Market Trends
        11.2.2    Market Forecast
    11.3    Northern
        11.3.1    Market Trends
        11.3.2    Market Forecast
    11.4    Northwest
        11.4.1    Market Trends
        11.4.2    Market Forecast
    11.5    Midwest
        11.5.1    Market Trends
        11.5.2    Market Forecast
    11.6    Southwest
        11.6.1    Market Trends
        11.6.2    Market Forecast
12    Tire Pricing Analysis
    12.1    Price Indicators 
    12.2    Cost Structure and Margins
    12.3    Manufacturer and Distributor Prices  
13    SWOT Analysis
    13.1    Overview
    13.2    Strengths
    13.3    Weaknesses
    13.4    Opportunities
    13.5    Threats    
14    Value Chain Analysis
15    Porters Five Forces Analysis
    15.1    Overview
    15.2    Bargaining Power of Buyers
    15.3    Bargaining Power of Suppliers
    15.4    Degree of Competition
    15.5    Threat of New Entrants
    15.6    Threat of Substitutes
16    Competitive Landscape
    16.1    Market Share and Structure
    16.2    Key Players
    16.3    Profiles of Key Players
        16.3.1    Michelin
           16.3.1.1 Company Overview
           16.3.1.2 Product Portfolio 
           16.3.1.3 Financials
           16.3.1.4 SWOT Analysis
        16.3.2    Bridgestone
           16.3.2.1 Company Overview
           16.3.2.2 Product Portfolio 
           16.3.2.3 Financials
           16.3.2.4 SWOT Analysis
        16.3.3    Continental
           16.3.3.1 Company Overview
           16.3.3.2 Product Portfolio 
           16.3.3.3 Financials
           16.3.3.4 SWOT Analysis
        16.3.4    Goodyear
           16.3.4.1 Company Overview
           16.3.4.2 Product Portfolio 
           16.3.4.3 Financials
           16.3.4.4 SWOT Analysis
        16.3.5    Sumitomo
           16.3.5.1 Company Overview
           16.3.5.2 Product Portfolio 
           16.3.5.3 Financials
           16.3.5.4 SWOT Analysis
        16.3.6    Pirelli
           16.3.6.1 Company Overview
           16.3.6.2 Product Portfolio 
           16.3.6.3 Financials
           16.3.6.4 SWOT Analysis
        16.3.7    Yokohama
           16.3.7.1 Company Overview
           16.3.7.2 Product Portfolio 
           16.3.7.3 Financials
           16.3.7.4 SWOT Analysis
        16.3.8    Hankook
           16.3.8.1 Company Overview
           16.3.8.2 Product Portfolio 
           16.3.8.3 Financials
           16.3.8.4 SWOT Analysis
        16.3.9    Toyo
           16.3.9.1 Company Overview
           16.3.9.2 Product Portfolio 
           16.3.9.3 Financials
           16.3.9.4 SWOT Analysis
        16.3.10    Kumho
           16.3.10.1 Company Overview
           16.3.10.2 Product Portfolio 
           16.3.10.3 Financials
           16.3.10.4 SWOT Analysis

List of Figures

Figure 1: Saudi Arabia: Tire Market: Major Drivers and Challenges
Figure 2: Saudi Arabia: Tire Market: Sales Volume (in Million Units), 2014-2019
Figure 3: Saudi Arabia: Tire Market: Breakup by Type (in %), 2019
Figure 4: Saudi Arabia: Tire Market: Breakup by End-Use (in %), 2019
Figure 5: Saudi Arabia: Tire Market: Breakup by Vehicle Type (in %), 2019
Figure 6: Saudi Arabia: Tire Market: Breakup by Size (in %), 2019
Figure 7: Saudi Arabia: Tire Market: Breakup by Distribution Channel (in %), 2019
Figure 8: Saudi Arabia: Tire Market: Breakup by Region (in %), 2019
Figure 9: Saudi Arabia: Tire Market Forecast: Sales Volume (in Million Units), 2020-2025
Figure 10: Saudi Arabia: Tire (Radial) Market: Sales Volume (in Million Units), 2014 & 2019
Figure 11: Saudi Arabia: Tire (Radial) Market Forecast: Sales Volume (in Million Units), 2020-2025
Figure 12: Saudi Arabia: Tire (Bias) Market: Sales Volume (in Million Units), 2014 & 2019
Figure 13: Saudi Arabia: Tire (Bias) Market Forecast: Sales Volume (in Million Units), 2020-2025
Figure 14: Saudi Arabia: Tire (OEM) Market: Sales Volume (in Million Units), 2014 & 2019
Figure 15: Saudi Arabia: Tire (OEM) Market Forecast: Sales Volume (in Million Units), 2020-2025
Figure 16: Saudi Arabia: Tire (Replacement) Market: Sales Volume (in Million Units), 2014 & 2019
Figure 17: Saudi Arabia: Tire (Replacement) Market Forecast: Sales Volume (in Million Units), 2020-2025
Figure 18: Saudi Arabia: Tire (Passenger Cars) Market: Sales Volume (in Million Units), 2014 & 2019
Figure 19: Saudi Arabia: Tire (Passenger Cars) Market Forecast: Sales Volume (in Million Units), 2020-2025
Figure 20: Saudi Arabia: Tire (Light Commercial Vehicles) Market: Sales Volume (in Million Units), 2014 & 2019
Figure 21: Saudi Arabia: Tire (Light Commercial Vehicles) Market Forecast: Sales Volume (in Million Units), 2020-2025
Figure 22: Saudi Arabia: Tire (Medium and Heavy Commercial Vehicles) Market: Sales Volume (in Million Units), 2014 & 2019
Figure 23: Saudi Arabia: Tire (Medium and Heavy Commercial Vehicles) Market Forecast: Sales Volume (in Million Units), 2020-2025
Figure 24: Saudi Arabia: Tire (Two Wheelers) Market: Sales Volume (in Million Units), 2014 & 2019
Figure 25: Saudi Arabia: Tire (Two Wheelers) Market Forecast: Sales Volume (in Million Units), 2020-2025
Figure 26: Saudi Arabia: Tire (Off-The-Road) Market: Sales Volume (in Million Units), 2014 & 2019
Figure 27: Saudi Arabia: Tire (Off-The-Road) Market Forecast: Sales Volume (in Million Units), 2020-2025
Figure 28: Saudi Arabia: Tire (Passenger Cars Rim Size) Market: Sales Volume (in Million Units), 2014 & 2019
Figure 29: Saudi Arabia: Tire (Passenger Cars Rim Size) Market Forecast: Sales Volume (in Million Units), 2020
Figure 30: Saudi Arabia: Tire (Passenger Cars Tire Size) Market: Sales Volume (in Million Units), 2014 & 2019
Figure 31: Saudi Arabia: Tire (Passenger Cars Tire Size) Market Forecast: Sales Volume (in Million Units), 2020
Figure 32: Saudi Arabia: Tire (Light Commercial Vehicle Rim Size) Market: Sales Volume (in Million Units), 2014 & 2019
Figure 33: Saudi Arabia: Tire (Light Commercial Vehicle Rim Size) Market Forecast: Sales Volume (in Million Units), 2020
Figure 34: Saudi Arabia: Tire (Light Commercial Vehicle Tire Size) Market: Sales Volume (in Million Units), 2014 & 2019
Figure 35: Saudi Arabia: Tire (Light Commercial Vehicle Tire Size) Market Forecast: Sales Volume (in Million Units), 2020
Figure 36: Saudi Arabia: Tire (Medium and Heavy Vehicle Rim Size) Market: Sales Volume (in Million Units), 2014 & 2019
Figure 37: Saudi Arabia: Tire (Medium and Heavy Vehicle Rim Size) Market Forecast: Sales Volume (in Million Units), 2020
Figure 38: Saudi Arabia: Tire (Medium and Heavy Vehicle Tire Size) Market: Sales Volume (in Million Units), 2014 & 2019
Figure 39: Saudi Arabia: Tire (Medium and Heavy Vehicle Tire Size) Market Forecast: Sales Volume (in Million Units), 2020
Figure 40: Saudi Arabia: Tire (Two Wheelers Rim Size) Market: Sales Volume (in Million Units), 2014 & 2019
Figure 41: Saudi Arabia: Tire (Two Wheelers Rim Size) Market Forecast: Sales Volume (in Million Units), 2020
Figure 42: Saudi Arabia: Tire (Two Wheelers Tire Size) Market: Sales Volume (in Million Units), 2014 & 2019
Figure 43: Saudi Arabia: Tire (Two Wheelers Tire Size) Market Forecast: Sales Volume (in Million Units), 2020
Figure 44: Saudi Arabia: Tire (Off-The- Road Rim Size) Market: Sales Volume (in Million Units), 2014 & 2019
Figure 45: Saudi Arabia: Tire (Off-The- Road Rim Size) Market Forecast: Sales Volume (in Million Units), 2020
Figure 46: Saudi Arabia: Tire (Off-The-Road Tire Size) Market: Sales Volume (in Million Units), 2014 & 2019
Figure 47: Saudi Arabia: Tire (Off-The-Road Tire Size) Market Forecast: Sales Volume (in Million Units), 2020
Figure 48: Saudi Arabia: Tire (Offline) Market: Sales Volume (in Million Units), 2014 & 2019
Figure 49: Saudi Arabia: Tire (Offline) Market Forecast: Sales Volume (in Million Units), 2020-2025
Figure 50: Saudi Arabia: Tire (Online) Market: Sales Volume (in Million Units), 2014 & 2019
Figure 51: Saudi Arabia: Tire (Online) Market Forecast: Sales Volume (in Million Units), 2020-2025
Figure 52: Saudi Arabia (Eastern): Tire Market: Sales Volume (in Million Units), 2014 & 2019
Figure 53: Saudi Arabia (Eastern): Tire Market Forecast: Sales Volume (in Million Units), 2020-2025
Figure 54: Saudi Arabia (Central): Tire Market: Sales Volume (in Million Units), 2014 & 2019
Figure 55: Saudi Arabia (Central): Tire Market Forecast: Sales Volume (in Million Units), 2020-2025
Figure 56: Saudi Arabia (Northern): Tire Market: Sales Volume (in Million Units), 2014 & 2019
Figure 57: Saudi Arabia (Northern): Tire Market Forecast: Sales Volume (in Million Units), 2020-2025
Figure 58: Saudi Arabia (Northwest): Tire Market: Sales Volume (in Million Units), 2014 & 2019
Figure 59: Saudi Arabia (Northwest): Tire Market Forecast: Sales Volume (in Million Units), 2020-2025
Figure 60: Saudi Arabia (Midwest): Tire Market: Sales Volume (in Million Units), 2014 & 2019
Figure 61: Saudi Arabia (Midwest): Tire Market Forecast: Sales Volume (in Million Units), 2020-2025
Figure 62: Saudi Arabia (Southwest): Tire Market: Sales Volume (in Million Units), 2014 & 2019
Figure 63: Saudi Arabia (Southwest): Tire Market Forecast: Sales Volume (in Million Units), 2020-2025
Figure 64: Saudi Arabia: Tire Industry: SWOT Analysis
Figure 65: Saudi Arabia: Tire Industry: Value Chain Analysis
Figure 66: Saudi Arabia: Tire Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: Saudi Arabia: Tire Market: Key Industry Highlights, 2019 and 2025
Table 2: Saudi Arabia: Tire Market Forecast: Breakup by Type (in Million Units), 2020-2025
Table 3: Saudi Arabia: Tire Market Forecast: Breakup by End-Use (in Million Units), 2020-2025
Table 4: Saudi Arabia: Tire Market Forecast: Breakup by Vehicle Type (in Million Units), 2020-2025
Table 5: Saudi Arabia: Tire Market Forecast: Breakup by Size (in Million Units), 2020-2025
Table 6: Saudi Arabia: Tire Market Forecast: Breakup by Distribution Channel (in Million Units), 2020-2025
Table 7: Saudi Arabia: Tire Market Forecast: Breakup by Region (in Million Units), 2020-2025
Table 8: Saudi Arabia: Tire Market: Competitive Structure
Table 9: Saudi Arabia: Tire Market: Key Players