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Global Winter & Snow Tires Market Research Report 2024
Synopsis
Winter tires are tires designed for use in colder weather, snow and ice. Winter tires have more sipes than summer tires, increasing traction on snow and ice. Tires designed for winter conditions are optimized to drive at temperatures below 7 °C (45 °F). They are an alternative to the use of snow chains. Winter tires are usually tires with a different rubber composition from all-weather (all-season) tires. Cold-weather tires include a greater percentage of natural rubber and silica so there is not as much hardening as found in synthetic rubber in cold conditions: they provide better traction at lower temperatures. Winter tires provide more small-tread areas, increasing traction on snow and, in wet conditions, allowing water to escape from under the tire more easily. This reduces the risk of hydroplaning. Snow/winter tires start to perform better than summer or all-season tires if temperature falls below 7C (45F), as the rubber compounds in the latter harden resulting to decreasing grip even on dry pavement Interestingly one achieves maximum grip on packed snow if the slippage/wheel spinis 40-50%, i.e. one should turn off the traction control in most modern cars for maximum traction. Studded tires with metal pins that protrude from the tire can greatly reduce skidding and accidents on snow or ice-covered roads. In much of Scandinavia, Canada, and the US, winter tires may have metal studs to improve grip on packed snow or ice, but such tires are prohibited in certain other jurisdictions because of the damage they cause to the road surface. A tire is a ring-shaped vehicle component that covers the wheel's rim to protect it and enable better vehicle performance. Most tires, such as those for automobiles and bicycles, provide traction between the vehicle and the road while providing a flexible cushion that absorbs shock. The materials of modern pneumatic tires are synthetic rubber, natural rubber, fabric and wire, along with carbon black and other chemical compounds.
The global Winter & Snow Tires market was valued at US$ 12450 million in 2023 and is anticipated to reach US$ 18500 million by 2030, witnessing a CAGR of 5.7% during the forecast period 2024-2030.
In 2022, global tire sales reached 1.749 billion units, of which the three major markets of Europe, North America and China will collectively sell 1.14 billion units, accounting for 65% of the total. China is the world's largest tire producer and exporter. Among the top 75 tire companies in 2022 released by Tire Business, 34 are Chinese companies (including 5 from Taiwan), with a total sale of approximately US$ 34.5 billion, accounting for approximately 19.42% of the total global sales. According to data from the National Bureau of Statistics, by the end of December 2022, the output of rubber tire casings in China was about 856 million. According to the data of the General Administration of Customs, in 2022, the cumulative export volume of rubber tires in China was 7.65 million tons, a year-on-year increase of 4.7%; the export value was ¥131.418 billion, an increase of 16%; the trade surplus was 103.709 billion yuan, an increase of ¥15.89 billion.
This report aims to provide a comprehensive presentation of the global market for Winter & Snow Tires, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Winter & Snow Tires.
Report Scope
The Winter & Snow Tires market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Winter & Snow Tires market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Winter & Snow Tires manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Toyo Tire
Yokohama
Bridgestone
Michelin
Goodyear
Continental
Hankook
Nizhnekamskshina
Nokian Tyres
Cooper Tire
Segment by Type
Studded Type
Studless Type
Segment by Application
Commercial Vehicle
Passenger Vehicle
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Winter & Snow Tires manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Winter & Snow Tires by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Winter & Snow Tires in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Winter tires are tires designed for use in colder weather, snow and ice. Winter tires have more sipes than summer tires, increasing traction on snow and ice. Tires designed for winter conditions are optimized to drive at temperatures below 7 °C (45 °F). They are an alternative to the use of snow chains. Winter tires are usually tires with a different rubber composition from all-weather (all-season) tires. Cold-weather tires include a greater percentage of natural rubber and silica so there is not as much hardening as found in synthetic rubber in cold conditions: they provide better traction at lower temperatures. Winter tires provide more small-tread areas, increasing traction on snow and, in wet conditions, allowing water to escape from under the tire more easily. This reduces the risk of hydroplaning. Snow/winter tires start to perform better than summer or all-season tires if temperature falls below 7C (45F), as the rubber compounds in the latter harden resulting to decreasing grip even on dry pavement Interestingly one achieves maximum grip on packed snow if the slippage/wheel spinis 40-50%, i.e. one should turn off the traction control in most modern cars for maximum traction. Studded tires with metal pins that protrude from the tire can greatly reduce skidding and accidents on snow or ice-covered roads. In much of Scandinavia, Canada, and the US, winter tires may have metal studs to improve grip on packed snow or ice, but such tires are prohibited in certain other jurisdictions because of the damage they cause to the road surface. A tire is a ring-shaped vehicle component that covers the wheel's rim to protect it and enable better vehicle performance. Most tires, such as those for automobiles and bicycles, provide traction between the vehicle and the road while providing a flexible cushion that absorbs shock. The materials of modern pneumatic tires are synthetic rubber, natural rubber, fabric and wire, along with carbon black and other chemical compounds.
The global Winter & Snow Tires market was valued at US$ 12450 million in 2023 and is anticipated to reach US$ 18500 million by 2030, witnessing a CAGR of 5.7% during the forecast period 2024-2030.
In 2022, global tire sales reached 1.749 billion units, of which the three major markets of Europe, North America and China will collectively sell 1.14 billion units, accounting for 65% of the total. China is the world's largest tire producer and exporter. Among the top 75 tire companies in 2022 released by Tire Business, 34 are Chinese companies (including 5 from Taiwan), with a total sale of approximately US$ 34.5 billion, accounting for approximately 19.42% of the total global sales. According to data from the National Bureau of Statistics, by the end of December 2022, the output of rubber tire casings in China was about 856 million. According to the data of the General Administration of Customs, in 2022, the cumulative export volume of rubber tires in China was 7.65 million tons, a year-on-year increase of 4.7%; the export value was ¥131.418 billion, an increase of 16%; the trade surplus was 103.709 billion yuan, an increase of ¥15.89 billion.
This report aims to provide a comprehensive presentation of the global market for Winter & Snow Tires, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Winter & Snow Tires.
Report Scope
The Winter & Snow Tires market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Winter & Snow Tires market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Winter & Snow Tires manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Toyo Tire
Yokohama
Bridgestone
Michelin
Goodyear
Continental
Hankook
Nizhnekamskshina
Nokian Tyres
Cooper Tire
Segment by Type
Studded Type
Studless Type
Segment by Application
Commercial Vehicle
Passenger Vehicle
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Winter & Snow Tires manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Winter & Snow Tires by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Winter & Snow Tires in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Winter & Snow Tires Market Overview
1.1 Product Definition
1.2 Winter & Snow Tires Segment by Type
1.2.1 Global Winter & Snow Tires Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Studded Type
1.2.3 Studless Type
1.3 Winter & Snow Tires Segment by Application
1.3.1 Global Winter & Snow Tires Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Commercial Vehicle
1.3.3 Passenger Vehicle
1.4 Global Market Growth Prospects
1.4.1 Global Winter & Snow Tires Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Winter & Snow Tires Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Winter & Snow Tires Production Estimates and Forecasts (2019-2030)
1.4.4 Global Winter & Snow Tires Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Winter & Snow Tires Production Market Share by Manufacturers (2019-2024)
2.2 Global Winter & Snow Tires Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Winter & Snow Tires, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Winter & Snow Tires Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Winter & Snow Tires Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Winter & Snow Tires, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Winter & Snow Tires, Product Offered and Application
2.8 Global Key Manufacturers of Winter & Snow Tires, Date of Enter into This Industry
2.9 Winter & Snow Tires Market Competitive Situation and Trends
2.9.1 Winter & Snow Tires Market Concentration Rate
2.9.2 Global 5 and 10 Largest Winter & Snow Tires Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Winter & Snow Tires Production by Region
3.1 Global Winter & Snow Tires Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Winter & Snow Tires Production Value by Region (2019-2030)
3.2.1 Global Winter & Snow Tires Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Winter & Snow Tires by Region (2025-2030)
3.3 Global Winter & Snow Tires Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Winter & Snow Tires Production by Region (2019-2030)
3.4.1 Global Winter & Snow Tires Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Winter & Snow Tires by Region (2025-2030)
3.5 Global Winter & Snow Tires Market Price Analysis by Region (2019-2024)
3.6 Global Winter & Snow Tires Production and Value, Year-over-Year Growth
3.6.1 North America Winter & Snow Tires Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Winter & Snow Tires Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Winter & Snow Tires Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Winter & Snow Tires Production Value Estimates and Forecasts (2019-2030)
3.6.5 South Korea Winter & Snow Tires Production Value Estimates and Forecasts (2019-2030)
3.6.6 India Winter & Snow Tires Production Value Estimates and Forecasts (2019-2030)
4 Winter & Snow Tires Consumption by Region
4.1 Global Winter & Snow Tires Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Winter & Snow Tires Consumption by Region (2019-2030)
4.2.1 Global Winter & Snow Tires Consumption by Region (2019-2024)
4.2.2 Global Winter & Snow Tires Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Winter & Snow Tires Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Winter & Snow Tires Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Winter & Snow Tires Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Winter & Snow Tires Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Winter & Snow Tires Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Winter & Snow Tires Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Winter & Snow Tires Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Winter & Snow Tires Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Winter & Snow Tires Production by Type (2019-2030)
5.1.1 Global Winter & Snow Tires Production by Type (2019-2024)
5.1.2 Global Winter & Snow Tires Production by Type (2025-2030)
5.1.3 Global Winter & Snow Tires Production Market Share by Type (2019-2030)
5.2 Global Winter & Snow Tires Production Value by Type (2019-2030)
5.2.1 Global Winter & Snow Tires Production Value by Type (2019-2024)
5.2.2 Global Winter & Snow Tires Production Value by Type (2025-2030)
5.2.3 Global Winter & Snow Tires Production Value Market Share by Type (2019-2030)
5.3 Global Winter & Snow Tires Price by Type (2019-2030)
6 Segment by Application
6.1 Global Winter & Snow Tires Production by Application (2019-2030)
6.1.1 Global Winter & Snow Tires Production by Application (2019-2024)
6.1.2 Global Winter & Snow Tires Production by Application (2025-2030)
6.1.3 Global Winter & Snow Tires Production Market Share by Application (2019-2030)
6.2 Global Winter & Snow Tires Production Value by Application (2019-2030)
6.2.1 Global Winter & Snow Tires Production Value by Application (2019-2024)
6.2.2 Global Winter & Snow Tires Production Value by Application (2025-2030)
6.2.3 Global Winter & Snow Tires Production Value Market Share by Application (2019-2030)
6.3 Global Winter & Snow Tires Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Toyo Tire
7.1.1 Toyo Tire Winter & Snow Tires Corporation Information
7.1.2 Toyo Tire Winter & Snow Tires Product Portfolio
7.1.3 Toyo Tire Winter & Snow Tires Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Toyo Tire Main Business and Markets Served
7.1.5 Toyo Tire Recent Developments/Updates
7.2 Yokohama
7.2.1 Yokohama Winter & Snow Tires Corporation Information
7.2.2 Yokohama Winter & Snow Tires Product Portfolio
7.2.3 Yokohama Winter & Snow Tires Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Yokohama Main Business and Markets Served
7.2.5 Yokohama Recent Developments/Updates
7.3 Bridgestone
7.3.1 Bridgestone Winter & Snow Tires Corporation Information
7.3.2 Bridgestone Winter & Snow Tires Product Portfolio
7.3.3 Bridgestone Winter & Snow Tires Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Bridgestone Main Business and Markets Served
7.3.5 Bridgestone Recent Developments/Updates
7.4 Michelin
7.4.1 Michelin Winter & Snow Tires Corporation Information
7.4.2 Michelin Winter & Snow Tires Product Portfolio
7.4.3 Michelin Winter & Snow Tires Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Michelin Main Business and Markets Served
7.4.5 Michelin Recent Developments/Updates
7.5 Goodyear
7.5.1 Goodyear Winter & Snow Tires Corporation Information
7.5.2 Goodyear Winter & Snow Tires Product Portfolio
7.5.3 Goodyear Winter & Snow Tires Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Goodyear Main Business and Markets Served
7.5.5 Goodyear Recent Developments/Updates
7.6 Continental
7.6.1 Continental Winter & Snow Tires Corporation Information
7.6.2 Continental Winter & Snow Tires Product Portfolio
7.6.3 Continental Winter & Snow Tires Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Continental Main Business and Markets Served
7.6.5 Continental Recent Developments/Updates
7.7 Hankook
7.7.1 Hankook Winter & Snow Tires Corporation Information
7.7.2 Hankook Winter & Snow Tires Product Portfolio
7.7.3 Hankook Winter & Snow Tires Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Hankook Main Business and Markets Served
7.7.5 Hankook Recent Developments/Updates
7.8 Nizhnekamskshina
7.8.1 Nizhnekamskshina Winter & Snow Tires Corporation Information
7.8.2 Nizhnekamskshina Winter & Snow Tires Product Portfolio
7.8.3 Nizhnekamskshina Winter & Snow Tires Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Nizhnekamskshina Main Business and Markets Served
7.7.5 Nizhnekamskshina Recent Developments/Updates
7.9 Nokian Tyres
7.9.1 Nokian Tyres Winter & Snow Tires Corporation Information
7.9.2 Nokian Tyres Winter & Snow Tires Product Portfolio
7.9.3 Nokian Tyres Winter & Snow Tires Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Nokian Tyres Main Business and Markets Served
7.9.5 Nokian Tyres Recent Developments/Updates
7.10 Cooper Tire
7.10.1 Cooper Tire Winter & Snow Tires Corporation Information
7.10.2 Cooper Tire Winter & Snow Tires Product Portfolio
7.10.3 Cooper Tire Winter & Snow Tires Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Cooper Tire Main Business and Markets Served
7.10.5 Cooper Tire Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Winter & Snow Tires Industry Chain Analysis
8.2 Winter & Snow Tires Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Winter & Snow Tires Production Mode & Process
8.4 Winter & Snow Tires Sales and Marketing
8.4.1 Winter & Snow Tires Sales Channels
8.4.2 Winter & Snow Tires Distributors
8.5 Winter & Snow Tires Customers
9 Winter & Snow Tires Market Dynamics
9.1 Winter & Snow Tires Industry Trends
9.2 Winter & Snow Tires Market Drivers
9.3 Winter & Snow Tires Market Challenges
9.4 Winter & Snow Tires Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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