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Report Overview

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

Australia Tire Market Outlook

The Australia tire market size is projected to grow at a CAGR of 5.04% between 2025 and 2034.

Key Takeaways

  • In 2021, the Australian Bureau of Statistics recorded 20.1 million registered motor vehicles, boosting the growth of the Australian tire market.
  • The Australian Bureau of Statistics also noted the registration of 521,255 rigid trucks, 104,442 articulated trucks, and 23,518 non-freight carrying trucks in 2020, further contributing to the expansion of the tire market in Australia.
  • According to the FCAI, Australia's automotive sector supplied over a million new vehicles to drivers in 2022, with SUVs and light commercials accounting for 76.8% of sales, including eight out of the top 10 vehicles.

Light commercial vehicles propel the Australia tire market by serving urban and suburban deliveries, transporting goods, and functioning as service vehicles

Light commercial vehicles (LCVs) are essential for urban deliveries, goods transportation, and service roles, with increasing demand due to the growth of e-commerce. Their adaptability, efficiency, urban maneuverability, and safety are pivotal factors in tire selection. The rising demand for last-mile deliveries, notably with e-commerce expansion, intensifies the need for LCVs.

Medium and heavy commercial vehicles (MHCVs) require tires with robust load capacities, emphasizing durability, efficiency in long-haul journeys, safety, stability, and traction. These qualities are crucial for transporting heavy loads across diverse terrains over extended distances.

In March 2023, The Yokohama Rubber Co., Ltd., introduced the new Geolandar A/T XD all-terrain pickup truck tire in Australia. Initially available in 16, 17, 18, and 20-inch sizes, the Geolandar A/T XD offers enhanced capabilities for various terrain conditions.

Market Segmentation

Australia Tire Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:

Market Breakup by Type

  • Radial
  • Bias
  • Others

Market Breakup by Vehicle Type

  • Light Commercial Vehicles
  • Medium and Heavy Commercial Vehicles
  • Two Wheelers

Market Breakup by Season

  • All Season Tires
  • Summer Tires
  • Winter Tires

Market Breakup by Sales Channel

  • OEM
  • Aftermarket

Market Breakup by Region

  • New South Wales
  • Victoria
  • Queensland
  • Australian Capital Territory
  • Western Australia
  • Others

The Australia tire market key players are Bridgestone Australia Limited, Goodyear and Dunlop Tyres (Aus) Pty Ltd, Yokohama Tyre Australia Pty Ltd., Michelin Australia Pty Ltd., Kumho Tyre Australia Pty Ltd., Hankook Tyre Australia Pty Ltd., Continental Tyre of Australia Pty Ltd., Pirelli Tyre Australia Pty Ltd., and Toyo Tyre and Rubber Australia Limited among others.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Vehicle Type
  • Season
  • Sales Channel
  • Region
Breakup by Type
  • Radial
  • Bias
  • Others
Breakup by Vehicle Type
  • Light Commercial Vehicles
  • Medium and Heavy Commercial Vehicles
  • Two Wheelers
Breakup by Season
  • All Season Tires
  • Summer Tires
  • Winter Tires
Breakup by Sales Channel
  • OEM
  • Aftermarket
Breakup by Region
  • New South Wales
  • Victoria
  • Queensland
  • Australian Capital Territory
  • Western Australia
  • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Bridgestone Australia Limited
  • Goodyear and Dunlop Tyres (Aus) Pty Ltd.
  • Yokohama Tyre Australia Pty Ltd.
  • Michelin Australia Pty Ltd.
  • Kumho Tyre Australia Pty Ltd.
  • Hankook Tyre Australia Pty Ltd.
  • Continental Tyre of Australia Pty Ltd.
  • Pirelli Tyre Australia Pty Ltd.
  • Toyo Tyre and Rubber Australia Limited
  • Others

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market is projected to grow at a CAGR of 5.04% between 2025 and 2034.

The tire market is categorised according to vehicle type, which includes light commercial vehicles, medium and heavy commercial vehicles and two wheelers.

The key players are Bridgestone Australia Limited, Goodyear and Dunlop Tyres (Aus) Pty Ltd, Yokohama Tyre Australia Pty Ltd., Michelin Australia Pty Ltd., Kumho Tyre Australia Pty Ltd., Hankook Tyre Australia Pty Ltd., Continental Tyre of Australia Pty Ltd., Pirelli Tyre Australia Pty Ltd., and Toyo Tyre and Rubber Australia Limited among others.

Based on the type, the market is divided into radial, bias, and others.

The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.

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