The Saudi Arabia tire market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 6% 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 sectors. These insights are included in the report as a major market contributor.
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 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.
Breakup by Type
Breakup by End-Use:
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 Breakup 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
Breakup by Regions:
- Eastern
- Central
- Northern
- Northwest
- Midwest
- Southwest
Report Coverages:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2020 |
| Historical Period |
2015-2020 |
| Forecast Period |
2021-2026 |
| Units |
Million Units |
| Segment Coverage |
Type, End-Use, Vehicle Type, Size, Distribution Channel, Region |
| Region Covered |
Eastern, Central, Northern, Northwest, Midwest and Southwest |
| Companies Covered |
Michelin, Bridgestone, Continental, Goodyear, Sumitomo, Pirelli, Yokohama, Hankook, Toyo and Kumho |
| Customization Scope |
10% Free Customization |
| Report Price and Purchase Option |
Single User License $ 2499
Five User License $ 2999
Corporate License $ 3999 |
| Post-Sale Analyst Support |
10-12 Weeks |
| Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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 has been the impact of COVID-19 on the Saudi Arabia tire market?
- 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 Impact of COVID-19
5.4 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 Size
9.1 Passenger Cars
9.1.1 Market Breakup by Rim Size
9.1.2 Market Breakup by Tire Size
9.2 Light Commercial Vehicles
9.2.1 Market Breakup by Rim Size
9.2.2 Market Breakup by Tire Size
9.3 Medium and Heavy Commercial Vehicles
9.3.1 Market Breakup by Rim Size
9.3.2 Market Breakup by Tire Size
9.4 Two Wheelers
9.4.1 Market Breakup by Rim Size
9.4.2 Market Breakup by Tire Size
9.5 Off-The-Road (OTR)
9.5.1 Market Breakup by Rim Size
9.5.2 Market Breakup by Tire Size
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), 2015-2020
Figure 3: Saudi Arabia: Tire Market: Breakup by Type (in %), 2020
Figure 4: Saudi Arabia: Tire Market: Breakup by End-Use (in %), 2020
Figure 5: Saudi Arabia: Tire Market: Breakup by Vehicle Type (in %), 2020
Figure 6: Saudi Arabia: Tire Market: Breakup by Size (in %), 2020
Figure 7: Saudi Arabia: Tire Market: Breakup by Distribution Channel (in %), 2020
Figure 8: Saudi Arabia: Tire Market: Breakup by Region (in %), 2020
Figure 9: Saudi Arabia: Tire Market Forecast: Sales Volume (in Million Units), 2021-2026
Figure 10: Saudi Arabia: Tire (Radial) Market: Sales Volume (in Million Units), 2015 & 2020
Figure 11: Saudi Arabia: Tire (Radial) Market Forecast: Sales Volume (in Million Units), 2021-2026
Figure 12: Saudi Arabia: Tire (Bias) Market: Sales Volume (in Million Units), 2015 & 2020
Figure 13: Saudi Arabia: Tire (Bias) Market Forecast: Sales Volume (in Million Units), 2021-2026
Figure 14: Saudi Arabia: Tire (OEM) Market: Sales Volume (in Million Units), 2015 & 2020
Figure 15: Saudi Arabia: Tire (OEM) Market Forecast: Sales Volume (in Million Units), 2021-2026
Figure 16: Saudi Arabia: Tire (Replacement) Market: Sales Volume (in Million Units), 2015 & 2020
Figure 17: Saudi Arabia: Tire (Replacement) Market Forecast: Sales Volume (in Million Units), 2021-2026
Figure 18: Saudi Arabia: Tire (Passenger Cars) Market: Sales Volume (in Million Units), 2015 & 2020
Figure 19: Saudi Arabia: Tire (Passenger Cars) Market Forecast: Sales Volume (in Million Units), 2021-2026
Figure 20: Saudi Arabia: Tire (Light Commercial Vehicles) Market: Sales Volume (in Million Units), 2015 & 2020
Figure 21: Saudi Arabia: Tire (Light Commercial Vehicles) Market Forecast: Sales Volume (in Million Units), 2021-2026
Figure 22: Saudi Arabia: Tire (Medium and Heavy Commercial Vehicles) Market: Sales Volume (in Million Units), 2015 & 2020
Figure 23: Saudi Arabia: Tire (Medium and Heavy Commercial Vehicles) Market Forecast: Sales Volume (in Million Units), 2021-2026
Figure 24: Saudi Arabia: Tire (Two Wheelers) Market: Sales Volume (in Million Units), 2015 & 2020
Figure 25: Saudi Arabia: Tire (Two Wheelers) Market Forecast: Sales Volume (in Million Units), 2021-2026
Figure 26: Saudi Arabia: Tire (Off-The-Road) Market: Sales Volume (in Million Units), 2015 & 2020
Figure 27: Saudi Arabia: Tire (Off-The-Road) Market Forecast: Sales Volume (in Million Units), 2021-2026
Figure 28: Saudi Arabia: Tire (Offline) Market: Sales Volume (in Million Units), 2015 & 2020
Figure 29: Saudi Arabia: Tire (Offline) Market Forecast: Sales Volume (in Million Units), 2021-2026
Figure 30: Saudi Arabia: Tire (Online) Market: Sales Volume (in Million Units), 2015 & 2020
Figure 31: Saudi Arabia: Tire (Online) Market Forecast: Sales Volume (in Million Units), 2021-2026
Figure 32: Saudi Arabia (Eastern): Tire Market: Sales Volume (in Million Units), 2015 & 2020
Figure 33: Saudi Arabia (Eastern): Tire Market Forecast: Sales Volume (in Million Units), 2021-2026
Figure 34: Saudi Arabia (Central): Tire Market: Sales Volume (in Million Units), 2015 & 2020
Figure 35: Saudi Arabia (Central): Tire Market Forecast: Sales Volume (in Million Units), 2021-2026
Figure 36: Saudi Arabia (Northern): Tire Market: Sales Volume (in Million Units), 2015 & 2020
Figure 37: Saudi Arabia (Northern): Tire Market Forecast: Sales Volume (in Million Units), 2021-2026
Figure 38: Saudi Arabia (Northwest): Tire Market: Sales Volume (in Million Units), 2015 & 2020
Figure 39: Saudi Arabia (Northwest): Tire Market Forecast: Sales Volume (in Million Units), 2021-2026
Figure 40: Saudi Arabia (Midwest): Tire Market: Sales Volume (in Million Units), 2015 & 2020
Figure 41: Saudi Arabia (Midwest): Tire Market Forecast: Sales Volume (in Million Units), 2021-2026
Figure 42: Saudi Arabia (Southwest): Tire Market: Sales Volume (in Million Units), 2015 & 2020
Figure 43: Saudi Arabia (Southwest): Tire Market Forecast: Sales Volume (in Million Units), 2021-2026
Figure 44: Saudi Arabia: Tire Industry: SWOT Analysis
Figure 45: Saudi Arabia: Tire Industry: Value Chain Analysis
Figure 46: Saudi Arabia: Tire Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: Saudi Arabia: Tire Market: Key Industry Highlights, 2020 and 2026
Table 2: Saudi Arabia: Tire Market Forecast: Breakup by Type (in Million Units), 2021-2026
Table 3: Saudi Arabia: Tire Market Forecast: Breakup by End-Use (in Million Units), 2021-2026
Table 4: Saudi Arabia: Tire Market Forecast: Breakup by Vehicle Type (in Million Units), 2021-2026
Table 5: Saudi Arabia: Tire Market Forecast: Breakup by Size (in Million Units), 2021-2026
Table 6: Saudi Arabia: Tire Market Forecast: Breakup by Distribution Channel (in Million Units), 2021-2026
Table 7: Saudi Arabia: Tire Market Forecast: Breakup by Region (in Million Units), 2021-2026
Table 8: Saudi Arabia: Tire Market: Competitive Structure
Table 9: Saudi Arabia: Tire Market: Key Players