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Snow Tyre-Global Market Insights and Sales Trends 2024
Synopsis
The global Snow Tyre market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Snow Tyre in various end use industries. The expanding demands from the Passenger Vehicles and Commercial Vehicles, are propelling Snow Tyre market. Non-studded Tyres, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Metal-studded Tyres segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Snow Tyre market, driven by demand from China, the second largest economy with some signs of stabilising, the Snow Tyre market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Snow Tyre, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Snow Tyre market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Snow Tyre market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Snow Tyre sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Snow Tyre covered in this report include Michelin, Goodyear, Bridgestone, Continental, Pirelli, Hankook, Sumitomo, Yokohama and Maxxis, etc.
The global Snow Tyre market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Michelin
Goodyear
Bridgestone
Continental
Pirelli
Hankook
Sumitomo
Yokohama
Maxxis
Zhongce
GITI Tire
Toyo Tire
Cooper Tire
Kumho Tire
Apollo Tires Ltd
Triangle Group
Nexen Tire
Hengfeng Rubber
Nokian Tyres
Nitto Tire
Global Snow Tyre market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Snow Tyre market, Segment by Type:
Non-studded Tyres
Metal-studded Tyres
Global Snow Tyre market, by Application
Passenger Vehicles
Commercial Vehicles
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Snow Tyre manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Snow Tyre in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
The global Snow Tyre market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Snow Tyre in various end use industries. The expanding demands from the Passenger Vehicles and Commercial Vehicles, are propelling Snow Tyre market. Non-studded Tyres, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Metal-studded Tyres segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Snow Tyre market, driven by demand from China, the second largest economy with some signs of stabilising, the Snow Tyre market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Snow Tyre, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Snow Tyre market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Snow Tyre market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Snow Tyre sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Snow Tyre covered in this report include Michelin, Goodyear, Bridgestone, Continental, Pirelli, Hankook, Sumitomo, Yokohama and Maxxis, etc.
The global Snow Tyre market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Michelin
Goodyear
Bridgestone
Continental
Pirelli
Hankook
Sumitomo
Yokohama
Maxxis
Zhongce
GITI Tire
Toyo Tire
Cooper Tire
Kumho Tire
Apollo Tires Ltd
Triangle Group
Nexen Tire
Hengfeng Rubber
Nokian Tyres
Nitto Tire
Global Snow Tyre market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Snow Tyre market, Segment by Type:
Non-studded Tyres
Metal-studded Tyres
Global Snow Tyre market, by Application
Passenger Vehicles
Commercial Vehicles
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Snow Tyre manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Snow Tyre in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Snow Tyre Market Overview
1.1 Snow Tyre Product Overview
1.2 Snow Tyre Market Segment by Type
1.2.1 Non-studded Tyres
1.2.2 Metal-studded Tyres
1.3 Global Snow Tyre Market Size by Type
1.3.1 Global Snow Tyre Market Size Overview by Type (2018-2029)
1.3.2 Global Snow Tyre Historic Market Size Review by Type (2018-2023)
1.3.3 Global Snow Tyre Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Snow Tyre Sales Breakdown by Type (2018-2023)
1.4.2 Europe Snow Tyre Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Snow Tyre Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Snow Tyre Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Snow Tyre Sales Breakdown by Type (2018-2023)
2 Global Snow Tyre Market Competition by Company
2.1 Global Top Players by Snow Tyre Sales (2018-2023)
2.2 Global Top Players by Snow Tyre Revenue (2018-2023)
2.3 Global Top Players by Snow Tyre Price (2018-2023)
2.4 Global Top Manufacturers Snow Tyre Manufacturing Base Distribution, Sales Area, Product Type
2.5 Snow Tyre Market Competitive Situation and Trends
2.5.1 Snow Tyre Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Snow Tyre Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Snow Tyre as of 2022)
2.7 Date of Key Manufacturers Enter into Snow Tyre Market
2.8 Key Manufacturers Snow Tyre Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Snow Tyre Status and Outlook by Region
3.1 Global Snow Tyre Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Snow Tyre Historic Market Size by Region
3.2.1 Global Snow Tyre Sales in Volume by Region (2018-2023)
3.2.2 Global Snow Tyre Sales in Value by Region (2018-2023)
3.2.3 Global Snow Tyre Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Snow Tyre Forecasted Market Size by Region
3.3.1 Global Snow Tyre Sales in Volume by Region (2024-2029)
3.3.2 Global Snow Tyre Sales in Value by Region (2024-2029)
3.3.3 Global Snow Tyre Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Snow Tyre by Application
4.1 Snow Tyre Market Segment by Application
4.1.1 Passenger Vehicles
4.1.2 Commercial Vehicles
4.2 Global Snow Tyre Market Size by Application
4.2.1 Global Snow Tyre Market Size Overview by Application (2018-2029)
4.2.2 Global Snow Tyre Historic Market Size Review by Application (2018-2023)
4.2.3 Global Snow Tyre Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Snow Tyre Sales Breakdown by Application (2018-2023)
4.3.2 Europe Snow Tyre Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Snow Tyre Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Snow Tyre Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Snow Tyre Sales Breakdown by Application (2018-2023)
5 North America Snow Tyre by Country
5.1 North America Snow Tyre Historic Market Size by Country
5.1.1 North America Snow Tyre Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Snow Tyre Sales in Volume by Country (2018-2023)
5.1.3 North America Snow Tyre Sales in Value by Country (2018-2023)
5.2 North America Snow Tyre Forecasted Market Size by Country
5.2.1 North America Snow Tyre Sales in Volume by Country (2024-2029)
5.2.2 North America Snow Tyre Sales in Value by Country (2024-2029)
6 Europe Snow Tyre by Country
6.1 Europe Snow Tyre Historic Market Size by Country
6.1.1 Europe Snow Tyre Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Snow Tyre Sales in Volume by Country (2018-2023)
6.1.3 Europe Snow Tyre Sales in Value by Country (2018-2023)
6.2 Europe Snow Tyre Forecasted Market Size by Country
6.2.1 Europe Snow Tyre Sales in Volume by Country (2024-2029)
6.2.2 Europe Snow Tyre Sales in Value by Country (2024-2029)
7 Asia-Pacific Snow Tyre by Region
7.1 Asia-Pacific Snow Tyre Historic Market Size by Region
7.1.1 Asia-Pacific Snow Tyre Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Snow Tyre Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Snow Tyre Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Snow Tyre Forecasted Market Size by Region
7.2.1 Asia-Pacific Snow Tyre Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Snow Tyre Sales in Value by Region (2024-2029)
8 Latin America Snow Tyre by Country
8.1 Latin America Snow Tyre Historic Market Size by Country
8.1.1 Latin America Snow Tyre Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Snow Tyre Sales in Volume by Country (2018-2023)
8.1.3 Latin America Snow Tyre Sales in Value by Country (2018-2023)
8.2 Latin America Snow Tyre Forecasted Market Size by Country
8.2.1 Latin America Snow Tyre Sales in Volume by Country (2024-2029)
8.2.2 Latin America Snow Tyre Sales in Value by Country (2024-2029)
9 Middle East and Africa Snow Tyre by Country
9.1 Middle East and Africa Snow Tyre Historic Market Size by Country
9.1.1 Middle East and Africa Snow Tyre Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Snow Tyre Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Snow Tyre Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Snow Tyre Forecasted Market Size by Country
9.2.1 Middle East and Africa Snow Tyre Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Snow Tyre Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Michelin
10.1.1 Michelin Company Information
10.1.2 Michelin Introduction and Business Overview
10.1.3 Michelin Snow Tyre Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Michelin Snow Tyre Products Offered
10.1.5 Michelin Recent Development
10.2 Goodyear
10.2.1 Goodyear Company Information
10.2.2 Goodyear Introduction and Business Overview
10.2.3 Goodyear Snow Tyre Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Goodyear Snow Tyre Products Offered
10.2.5 Goodyear Recent Development
10.3 Bridgestone
10.3.1 Bridgestone Company Information
10.3.2 Bridgestone Introduction and Business Overview
10.3.3 Bridgestone Snow Tyre Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Bridgestone Snow Tyre Products Offered
10.3.5 Bridgestone Recent Development
10.4 Continental
10.4.1 Continental Company Information
10.4.2 Continental Introduction and Business Overview
10.4.3 Continental Snow Tyre Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Continental Snow Tyre Products Offered
10.4.5 Continental Recent Development
10.5 Pirelli
10.5.1 Pirelli Company Information
10.5.2 Pirelli Introduction and Business Overview
10.5.3 Pirelli Snow Tyre Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Pirelli Snow Tyre Products Offered
10.5.5 Pirelli Recent Development
10.6 Hankook
10.6.1 Hankook Company Information
10.6.2 Hankook Introduction and Business Overview
10.6.3 Hankook Snow Tyre Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Hankook Snow Tyre Products Offered
10.6.5 Hankook Recent Development
10.7 Sumitomo
10.7.1 Sumitomo Company Information
10.7.2 Sumitomo Introduction and Business Overview
10.7.3 Sumitomo Snow Tyre Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Sumitomo Snow Tyre Products Offered
10.7.5 Sumitomo Recent Development
10.8 Yokohama
10.8.1 Yokohama Company Information
10.8.2 Yokohama Introduction and Business Overview
10.8.3 Yokohama Snow Tyre Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Yokohama Snow Tyre Products Offered
10.8.5 Yokohama Recent Development
10.9 Maxxis
10.9.1 Maxxis Company Information
10.9.2 Maxxis Introduction and Business Overview
10.9.3 Maxxis Snow Tyre Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Maxxis Snow Tyre Products Offered
10.9.5 Maxxis Recent Development
10.10 Zhongce
10.10.1 Zhongce Company Information
10.10.2 Zhongce Introduction and Business Overview
10.10.3 Zhongce Snow Tyre Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Zhongce Snow Tyre Products Offered
10.10.5 Zhongce Recent Development
10.11 GITI Tire
10.11.1 GITI Tire Company Information
10.11.2 GITI Tire Introduction and Business Overview
10.11.3 GITI Tire Snow Tyre Sales, Revenue and Gross Margin (2018-2023)
10.11.4 GITI Tire Snow Tyre Products Offered
10.11.5 GITI Tire Recent Development
10.12 Toyo Tire
10.12.1 Toyo Tire Company Information
10.12.2 Toyo Tire Introduction and Business Overview
10.12.3 Toyo Tire Snow Tyre Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Toyo Tire Snow Tyre Products Offered
10.12.5 Toyo Tire Recent Development
10.13 Cooper Tire
10.13.1 Cooper Tire Company Information
10.13.2 Cooper Tire Introduction and Business Overview
10.13.3 Cooper Tire Snow Tyre Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Cooper Tire Snow Tyre Products Offered
10.13.5 Cooper Tire Recent Development
10.14 Kumho Tire
10.14.1 Kumho Tire Company Information
10.14.2 Kumho Tire Introduction and Business Overview
10.14.3 Kumho Tire Snow Tyre Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Kumho Tire Snow Tyre Products Offered
10.14.5 Kumho Tire Recent Development
10.15 Apollo Tires Ltd
10.15.1 Apollo Tires Ltd Company Information
10.15.2 Apollo Tires Ltd Introduction and Business Overview
10.15.3 Apollo Tires Ltd Snow Tyre Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Apollo Tires Ltd Snow Tyre Products Offered
10.15.5 Apollo Tires Ltd Recent Development
10.16 Triangle Group
10.16.1 Triangle Group Company Information
10.16.2 Triangle Group Introduction and Business Overview
10.16.3 Triangle Group Snow Tyre Sales, Revenue and Gross Margin (2018-2023)
10.16.4 Triangle Group Snow Tyre Products Offered
10.16.5 Triangle Group Recent Development
10.17 Nexen Tire
10.17.1 Nexen Tire Company Information
10.17.2 Nexen Tire Introduction and Business Overview
10.17.3 Nexen Tire Snow Tyre Sales, Revenue and Gross Margin (2018-2023)
10.17.4 Nexen Tire Snow Tyre Products Offered
10.17.5 Nexen Tire Recent Development
10.18 Hengfeng Rubber
10.18.1 Hengfeng Rubber Company Information
10.18.2 Hengfeng Rubber Introduction and Business Overview
10.18.3 Hengfeng Rubber Snow Tyre Sales, Revenue and Gross Margin (2018-2023)
10.18.4 Hengfeng Rubber Snow Tyre Products Offered
10.18.5 Hengfeng Rubber Recent Development
10.19 Nokian Tyres
10.19.1 Nokian Tyres Company Information
10.19.2 Nokian Tyres Introduction and Business Overview
10.19.3 Nokian Tyres Snow Tyre Sales, Revenue and Gross Margin (2018-2023)
10.19.4 Nokian Tyres Snow Tyre Products Offered
10.19.5 Nokian Tyres Recent Development
10.20 Nitto Tire
10.20.1 Nitto Tire Company Information
10.20.2 Nitto Tire Introduction and Business Overview
10.20.3 Nitto Tire Snow Tyre Sales, Revenue and Gross Margin (2018-2023)
10.20.4 Nitto Tire Snow Tyre Products Offered
10.20.5 Nitto Tire Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Snow Tyre Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Snow Tyre Industrial Chain Analysis
11.4 Snow Tyre Market Dynamics
11.4.1 Snow Tyre Industry Trends
11.4.2 Snow Tyre Market Drivers
11.4.3 Snow Tyre Market Challenges
11.4.4 Snow Tyre Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Snow Tyre Distributors
12.3 Snow Tyre Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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