Base Year
Historical Year
Forecast Year
The Pakistan rubber tyre market attained a volume of about 29.61 million units in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 8.76% to reach nearly 63.05 million units by 2032.
| Pakistan Rubber Tyre Market Report Summary | Description | Value |
| Base Year | Million Unit | 2023 |
| Historical Period | Million Unit | 2018-2023 |
| Forecast Period | Million Unit | 2024-2032 |
| Market Size 2023 | Million Unit | 29.61 |
| Market Size 2032 | Million Unit | 63.05 |
| CAGR 2018-2023 | Million Unit | XX% |
| CAGR 2024-2032 | Million Unit | 8.76% |
| CAGR 2024-2032 - Market by Region | Panjab | 11.3% |
| CAGR 2024-2032 - Market by Design | Radial | 9.8% |
| CAGR 2024-2032 - Market by Type | Tubeless Tyres | 10.0% |
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The Pakistan rubber tyre industry is witnessing growth on account of increased vehicle ownership in the country. This can be attributed to the various infrastructural and macroeconomic reforms undertaken by the governing agencies in Pakistan, which is pushing the market growth of various industries, including the automotive and tyre industries. In addition to this, vehicle manufacturing has increased in recent years in Pakistan due to the growing consumer preference for advanced features like advanced driving assistance system (ADAS) along with other features. This has been incrementing the demand for tyres, thereby augmenting the growth of the market. Furthermore, the rise in the number of electronic vehicles in Pakistan on account of favourable government policies to promote sustainability is another key factor invigorating the growth of the market.
Rubber tyres represent a significant component in automobiles that aid in transferring a load of a vehicle from the axle to the ground.
Based on vehicle type, the market can be divided into:
On the basis of segment, the market can be categorised into:
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The market, based on market type, can be segmented into:
On the basis of design, the market can be classified into:
Based on type, the market can be segmented into:
The EMR report looks into the regional markets of rubber tyre in Pakistan like Sindh, Punjab, Khyber Pakhtunkhwa, and Balochistan, among others.
| CAGR 2024-2032 - Market by | Province |
| Punjab | 11.3% |
| Sindh | 9.2% |
| Khyber Pakhtunkhwa | XX% |
| Balochistan | XX% |
| Others | XX% |
In line with increased demand for tyres, the Pakistani rubber tyre industry is witnessing growth due to robust local and foreign investments. In addition to this, the robust competition in terms of strong penetration of leading tyre manufacturers in the region is promoting the adoption of advanced technology to increase the life cycle of tyres in a cost-friendly manner, which is contributing to the growth of the market. Additionally, the growing preference for nitrogen gas in car tyres to produce sustainable and durable tyres is providing impetus to the Pakistan rubber tyre industry. Furthermore, supportive government policies, such as the imposition of taxes on imports to support domestic manufacturers, is boosting the growth of the market.
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The report presents a detailed analysis of the following key players in the Pakistan rubber tyre market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| 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 Vehicle Type |
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| Breakup by Segment |
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| Breakup by Market Type |
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| Breakup by Design |
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| Breakup by Type |
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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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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*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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In 2023, the Pakistan rubber tyre market attained a volume of nearly 29.61 million units.
The market is projected to grow at a CAGR of 8.76% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about 63.05 million units by 2032.
The market is being driven by the rising ownership of vehicles owing to advanced vehicular technology and the introduction of electronic vehicles.
The market growth can be associated with the improved technology to increase the durability and lifespan of tyres, supporting government policies, and increasing investments in the industry.
The major regions in the industry in Pakistan are Sindh, Punjab, Khyber Pakhtunkhwa, and Balochistan, among others.
The major types of rubber tyres are two-wheeler and three wheeler tyres, passenger cars and light truck tyres, and heavy commercial and OTR tyres.
The major segments of rubber tyres are OEM and replacement.
The different market types of rubber tyres are legitimate market and grey market.
The various designs of rubber tyres are radial and bias.
The significant types of rubber tyres are tube tyres and tubeless tyres.
The major players in the industry are General Tyre and Rubber Co. Ltd., Panther Tyres Limited, Diamond Tyres Limited, and Ghauri Tyre and Tube Pvt. Limited, among others.
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193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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