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Australia Tyre Market Share, Trends, Analysis, Report: By Design: Radial, Bias; By Type: Tube Tire, Tubeless Tire; By Season: Winter Tire, Summer Tire, All Season Tire; By Vehicle Type: Two-Wheeler and Three-Wheeler, Passenger Vehicle, Heavy Commercial Vehicle, Others; By Sales Channel; Regional Analysis; Competitive Landscape; 2024-2032
Australia Tyre Market Size
The Australia tyre market is projected to grow at a CAGR of 4.1% between 2024 and 2032. The market is being driven by the growing shift towards electric vehicles and rising demand for high-performance tyres.
Australia Tyre Market Outlook
- The sale of new vehicles recorded a 12.5% y-o-y growth in Australia in 2023.
- The integration of AI into tyre manufacturing process is expected to enhance its overall quality, thereby driving market growth.
- The anticipated increase in the sale of all-terrain tyres is expected to play a key role in boosting market expansion.
Australia Tyre Market Growth
There is a rising demand for high-performance tyres, which can provide stability and a strong grip to the vehicle on-road. Tyres which diffuse the noise of speeding wheels on the road while providing a higher load-handling capacity are expected to become popular. The launch of innovative tyres in Australia is also contributing to the market growth.
The shift towards electric vehicles is prompting major market players to design new tyres, which provide instantaneous torque delivery and are minimally impacted by punctures of up to 5mm. Meanwhile, all-terrain tyres, which provide a balanced performance on wet, dry, and muddy roads, while ensuring a minimum occurrence of punctures are becoming increasingly popular in Australia.
Heavy commercial vehicles are expected to witness a surge in the adoption of bias design tyres as they provide ease in performing heavy-duty tasks like towing and off-roading. Moreover, passenger vehicles as well as two and three-wheelers are expected to remain reliant on radial design tyres, due to their higher fuel efficiency, improved traction, and the capability to provide a strong and stable grip on the road even at high speeds.
Australia Tyre Industry Segmentation
Australia Tyre Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Design
- Radial
- Bias
Market Breakup by Type
- Tube Tire
- Tubeless Tire
Market Breakup by Season
- Winter Tire
- Summer Tire
- All Season Tire
Market Breakup by Vehicle Type
- Two-Wheeler and Three-Wheeler
- Passenger Vehicle
- Heavy Commercial Vehicle
- Light and Medium Commercial Vehicle
- Others
Market Breakup by Sales Channel
- OEM
- Aftermarket
Market Breakup by Region
- New South Wales
- Victoria
- Queensland
- Australian Capital Territory
- Western Australia
- Others
Australia Tyre Market Share
Based on season, the market is divided into winter tyre, summer tyre, and all-season tyre. Over the forecast period, the demand for all-season tyres is expected to grow significantly as consumers seek cost-effective and versatile tyres that can provide enhanced convenience in all seasons and adapt to changing climate patterns.
Leading Companies in the Australia Tyre Market
Major market players are expected to broaden their access to consumers by diversifying their distribution channels and opening more stores across the country.
- Bridgestone Corporation
- Michelin Group
- Pirelli & C. S.p.A.
- Continental AG
- The Goodyear Tire & Rubber Company
- Sumitomo Rubber Australia Pty Ltd.
- Toyo Tyre Australia Pty Ltd
- Australian Tyre Traders Pty Ltd
- Tyremax Pty Ltd
- Hankook Tire & Technology Co., Ltd.
- Others
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Design |
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| Breakup by Type |
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| Breakup by Season |
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| Breakup by Vehicle Type |
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| Breakup by Sales Channel |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*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.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Asia Pacific Tyre Market Overview
8.1 Key Industry Highlights
8.2 Asia Pacific Tyre Historical Market (2018-2023)
8.3 Asia Pacific Tyre Market Forecast (2024-2032)
9 Australia Tyre Market Overview
9.1 Key Industry Highlights
9.2 Australia Tyre Historical Market (2018-2023)
9.3 Australia Tyre Market Forecast (2024-2032)
10 Australia Tyre Market by Design
10.1 Radial
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Bias
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
11 Australia Tyre Market by Type
11.1 Tube Tyre
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Tubeless Tyre
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
12 Australia Tyre Market by Season
12.1 Winter Tyre
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Summer Tyre
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 All-Season Tyre
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
13 Australia Tyre Market by Vehicle Type
13.1 Two-Wheeler and Three Wheeler
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.1.3 Breakup by Rim Size
13.1.4 Breakup by Tyre Size
13.2 Passenger Vehicle
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.2.3 Breakup by Rim Size
13.2.4 Breakup by Tyre Size
13.3 Heavy Commercial Vehicle
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.3.3 Breakup by Rim Size
13.3.4 Breakup by Tyre Size
13.4 Light and Medium Commercial Vehicle
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.4.3 Breakup by Rim Size
13.4.4 Breakup by Tyre Size
13.5 Others
14 Australia Tyre Market by Sales Channel
14.1 OEM
14.1.1 Historical Trend (2018-2023)
14.1.2 Forecast Trend (2024-2032)
14.2 Aftermarket
14.2.1 Historical Trend (2018-2023)
14.2.2 Forecast Trend (2024-2032)
15 Australia Tyre Market by Region
15.1 New South Wales
15.1.1 Historical Trend (2018-2023)
15.1.2 Forecast Trend (2024-2032)
15.2 Victoria
15.2.1 Historical Trend (2018-2023)
15.2.2 Forecast Trend (2024-2032)
15.3 Queensland
15.3.1 Historical Trend (2018-2023)
15.3.2 Forecast Trend (2024-2032)
15.4 Australian Capital Territory
15.4.1 Historical Trend (2018-2023)
15.4.2 Forecast Trend (2024-2032)
15.5 Western Australia
15.5.1 Historical Trend (2018-2023)
15.5.2 Forecast Trend (2024-2032)
15.6 Others
16 Market Dynamics
16.1 SWOT Analysis
16.1.1 Strengths
16.1.2 Weaknesses
16.1.3 Opportunities
16.1.4 Threats
16.2 Porter’s Five Forces Analysis
16.2.1 Supplier’s Power
16.2.2 Buyer’s Power
16.2.3 Threat of New Entrants
16.2.4 Degree of Rivalry
16.2.5 Threat of Substitutes
16.3 Key Indicators for Demand
16.4 Key Indicators for Price
17 Value Chain Analysis
18 Trade Data Analysis (HS Code-4011)
18.1 Major Importing Countries
18.1.1 By Volume
18.1.2 By Value
18.2 Major Exporting Countries
18.2.1 By Volume
18.2.2 By Value
19 Price Analysis
20 Competitive Landscape
20.1 Market Structure
20.2 Company Profiles
20.2.1 Bridgestone Corporation
20.2.1.1 Company Overview
20.2.1.2 Product Portfolio
20.2.1.3 Demographic Reach and Achievements
20.2.1.4 Certifications
20.2.2 Michelin Group
20.2.2.1 Company Overview
20.2.2.2 Product Portfolio
20.2.2.3 Demographic Reach and Achievements
20.2.2.4 Certifications
20.2.3 Pirelli & C. S.p.A.
20.2.3.1 Company Overview
20.2.3.2 Product Portfolio
20.2.3.3 Demographic Reach and Achievements
20.2.3.4 Certifications
20.2.4 Continental AG
20.2.4.1 Company Overview
20.2.4.2 Product Portfolio
20.2.4.3 Demographic Reach and Achievements
20.2.4.4 Certifications
20.2.5 The Goodyear Tire & Rubber Company
20.2.5.1 Company Overview
20.2.5.2 Product Portfolio
20.2.5.3 Demographic Reach and Achievements
20.2.5.4 Certifications
20.2.6 Sumitomo Rubber Australia Pty Ltd.
20.2.6.1 Company Overview
20.2.6.2 Product Portfolio
20.2.6.3 Demographic Reach and Achievements
20.2.6.4 Certifications
20.2.7 Toyo Tyre Australia Pty Ltd
20.2.7.1 Company Overview
20.2.7.2 Product Portfolio
20.2.7.3 Demographic Reach and Achievements
20.2.7.4 Certifications
20.2.8 Australian Tyre Traders Pty Ltd
20.2.8.1 Company Overview
20.2.8.2 Product Portfolio
20.2.8.3 Demographic Reach and Achievements
20.2.8.4 Certifications
20.2.9 Tyremax Pty Ltd
20.2.9.1 Company Overview
20.2.9.2 Product Portfolio
20.2.9.3 Demographic Reach and Achievements
20.2.9.4 Certifications
20.2.10 Hankook Tire & Technology Co., Ltd.
20.2.10.1 Company Overview
20.2.10.2 Product Portfolio
20.2.10.3 Demographic Reach and Achievements
20.2.10.4 Certifications
20.2.11 Others
21 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Asia Pacific Tyre Market: Key Industry Highlights, 2018 and 2032
2. Australia Tyre Market: Key Industry Highlights, 2018 and 2032
1. Australia Tyre Historical Market: Breakup by Design (USD Million), 2018-2023
2. Australia Tyre Market Forecast: Breakup by Design (USD Million), 2024-2032
3. Australia Tyre Historical Market: Breakup by Type (USD Million), 2018-2023
4. Australia Tyre Market Forecast: Breakup by Type (USD Million), 2024-2032
5. Australia Tyre Historical Market: Breakup by Season (USD Million), 2018-2023
6. Australia Tyre Market Forecast: Breakup by Season (USD Million), 2024-2032
7. Australia Tyre Historical Market: Breakup by Vehicle Type (USD Million), 2018-2023
8. Australia Tyre Market Forecast: Breakup by Vehicle Type (USD Million), 2024-2032
9. Australia Tyre Historical Market: Breakup by Sales Channel (USD Million), 2018-2023
10. Australia Tyre Market Forecast: Breakup by Sales Channel (USD Million), 2024-2032
11. Australia Tyre Historical Market: Breakup by Region (USD Million), 2018-2023
12. Australia Tyre Market Forecast: Breakup by Region (USD Million), 2024-2032
13. Major Importing Countries by Volume
14. Major Exporting Countries by Volume
15. Major Importing Countries by Value
16. Major Exporting Countries by Value
17. Australia Tyre Market Structure
Key Questions Answered in the Report
The market is projected to grow at a CAGR of 4.1% between 2024 and 2032.
The different sales channels in the market include OEM and aftermarket.
The major designs of tyre include radial and bias.
The different types of tyres in the market include tube tyres and tubeless tyres.
The different regions in the market include New South Wales, Victoria, Queensland, the Australian Capital Territory, and Western Australia, among others.
The key market players are Bridgestone Corporation, Michelin Group, Pirelli & C. S.p.A., Continental AG, The Goodyear Tire & Rubber Company, Sumitomo Rubber Australia Pty Ltd., Toyo Tyre Australia Pty Ltd, Australian Tyre Traders Pty Ltd, Tyremax Pty Ltd, and Hankook Tire & Technology Co., Ltd., among others.
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