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South Korea Tire Market

South Korea Tire Market Size, Share, Trends, Growth, 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; Competitive Landscape; 2024-2032

*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 Tire Market Overview

    8.1    Key Industry Highlights
    8.2    Asia Pacific Tire Historical Market (2018-2023) 
    8.3    Asia Pacific Tire Market Forecast (2024-2032)
9    South Korea Tire Market Overview
    9.1    Key Industry Highlights
    9.2    South Korea Tire Historical Market (2018-2023) 
    9.3    South Korea Tire Market Forecast (2024-2032)
10    South Korea Tire 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    South Korea Tire Market by Type
    11.1    Tube Tire
        11.1.1    Historical Trend (2018-2023)
        11.1.2    Forecast Trend (2024-2032)
    11.2    Tubeless Tire
        11.2.1    Historical Trend (2018-2023)
        11.2.2    Forecast Trend (2024-2032)
12    South Korea Tire Market by Season
    12.1    Winter Tire
        12.1.1    Historical Trend (2018-2023)
        12.1.2    Forecast Trend (2024-2032)
    12.2    Summer Tire
        12.2.1    Historical Trend (2018-2023)
        12.2.2    Forecast Trend (2024-2032)
    12.3    All-Season Tire
        12.3.1    Historical Trend (2018-2023)
        12.3.2    Forecast Trend (2024-2032)
13    South Korea Tire 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)
    13.2    Passenger Vehicle
        13.2.1    Historical Trend (2018-2023)
        13.2.2    Forecast Trend (2024-2032)
    13.3    Heavy Commercial Vehicle
        13.3.1    Historical Trend (2018-2023)
        13.3.2    Forecast Trend (2024-2032)
    13.4    Light and Medium Commercial Vehicles
        13.4.1    Historical Trend (2018-2023)
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    South Korea Tire 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    Market Dynamics
    15.1    SWOT Analysis
        15.1.1    Strengths
        15.1.2    Weaknesses
        15.1.3    Opportunities
        15.1.4    Threats
    15.2    Porter’s Five Forces Analysis
        15.2.1    Supplier’s Power
        15.2.2    Buyer’s Power
        15.2.3    Threat of New Entrants
        15.2.4    Degree of Rivalry
        15.2.5    Threat of Substitutes
    15.3    Key Indicators for Demand
    15.4    Key Indicators for Price
16    Value Chain Analysis
17    Trade Data Analysis (HS Code - 4011)

    17.1    Major Importing Countries
        17.1.1    By Volume
        17.1.2    By Value
    17.2    Major Exporting Countries
        17.2.1    By Volume
        17.2.2    By Value
18    Price Analysis
19    Competitive Landscape

    19.1    Market Structure
    19.2    Company Profiles
        19.2.1    Bridgestone Corporation 
            19.2.1.1    Company Overview
            19.2.1.2    Product Portfolio
            19.2.1.3    Demographic Reach and Achievements
            19.2.1.4    Certifications
        19.2.2    Michelin Group 
            19.2.2.1    Company Overview
            19.2.2.2    Product Portfolio
            19.2.2.3    Demographic Reach and Achievements
            19.2.2.4    Certifications
        19.2.3    Continental AG 
            19.2.3.1    Company Overview
            19.2.3.2    Product Portfolio
            19.2.3.3    Demographic Reach and Achievements
            19.2.3.4    Certifications
        19.2.4    Pirelli & C. S.p.A 
            19.2.4.1    Company Overview
            19.2.4.2    Product Portfolio
            19.2.4.3    Demographic Reach and Achievements
            19.2.4.4    Certifications
        19.2.5    Goodyear Tire & Rubber Company  
            19.2.5.1    Company Overview
            19.2.5.2    Product Portfolio
            19.2.5.3    Demographic Reach and Achievements
            19.2.5.4    Certifications
        19.2.6    Yokohama Rubber Co., Ltd. 
            19.2.6.1    Company Overview
            19.2.6.2    Product Portfolio
            19.2.6.3    Demographic Reach and Achievements
            19.2.6.4    Certifications
        19.2.7    Hankook Tire & Technology Co., Ltd. 
            19.2.7.1    Company Overview
            19.2.7.2    Product Portfolio
            19.2.7.3    Demographic Reach and Achievements
            19.2.7.4    Certifications
        19.2.8    Sumitomo Rubber Industries, Ltd. 
            19.2.8.1    Company Overview
            19.2.8.2    Product Portfolio
            19.2.8.3    Demographic Reach and Achievements
            19.2.8.4    Certifications
        19.2.9    Giti Tire Pte Ltd. 
            19.2.9.1    Company Overview
            19.2.9.2    Product Portfolio
            19.2.9.3    Demographic Reach and Achievements
            19.2.9.4    Certifications
        19.2.10    Kumho Tire Co., Inc. 
            19.2.10.1    Company Overview
            19.2.10.2    Product Portfolio
            19.2.10.3    Demographic Reach and Achievements
            19.2.10.4    Certifications
        19.2.11    Others
20    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Asia Pacific Tire Market: Key Industry Highlights, 2018 and 2032
2.    South Korea Tire Market: Key Industry Highlights, 2018 and 2032
3.    South Korea Tire Historical Market: Breakup by Design (USD Billion), 2018-2023
4.    South Korea Tire Market Forecast: Breakup by Design (USD Billion), 2024-2032
5.    South Korea Tire Historical Market: Breakup by Type (USD Billion), 2018-2023
6.    South Korea Tire Market Forecast: Breakup by Type (USD Billion), 2024-2032
7.    South Korea Tire Historical Market: Breakup by Season (USD Billion), 2018-2023
8.    South Korea Tire Market Forecast: Breakup by Season (USD Billion), 2024-2032
9.    South Korea Tire Historical Market: Breakup by Vehicle Type (USD Billion), 2018-2023
10.    South Korea Tire Market Forecast: Breakup by Vehicle Type (USD Billion), 2024-2032
11.    South Korea Tire Historical Market: Breakup by Sales Channel (USD Billion), 2018-2023
12.    South Korea Tire Market Forecast: Breakup by Sales Channel (USD Billion), 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.    South Korea Tire Market Structure

Key Questions Answered in the Report

In 2023, the market reached an approximate value of USD 9.29 billion.

The market is estimated to grow at a CAGR of 5% between 2024 and 2032.

The market is estimated to witness a healthy growth during 2024-2032 to reach around USD 14.48 billion by 2032.

The market is being driven due to rise in vehicle ownership, burgeoning demand for the replacement of old tires, and the growth of the automotive sector.

The key trends aiding the market include favourable government regulations and policies and high demand for retreading tires.

Based on the design, market segmentations include radial and bias.

Different types of tires are tube tire and tubeless tire.

The major players in the market are Bridgestone Corporation, Michelin Group, Continental AG, Pirelli & C. S.p.A, Goodyear Tire & Rubber Company, Yokohama Rubber Co., Ltd., Hankook Tire & Technology Co., Ltd., Sumitomo Rubber Industries, Ltd., Giti Tire Pte Ltd., and Kumho Tire Co., Inc., among others.

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