June 2023

Global Replacement PCLT Tire Market Forecasts to 2028

Charting the Road Ahead: PCLT Tire Market Forecast Report

After a major decline in 2020, the global PCLT replacement tire market started to make a strong recovery in 2021 as vehicle kilometres travelled increased.

Sharply higher fuel costs in 2022 have slowed the recovery in road traffic in key markets such as Europe and the US and higher inflation is impacting household budgets and spending.

In the Asia Pacific region, Covid-related disruption has continued in 2022. This has been most notable in the region’s biggest market, China, where a strict lock-down policy has limited mobility, impacting replacement tire sales. Nevertheless, the value of the global market has risen sharply as tire manufacturers have passed on significantly higher raw material costs, with high rim diameter tires taking a larger share of the market.

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Data and analysis of key market trends; inform your strategy with forecasts through to 2028
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This report is provided as a PowerPoint briefing, giving a detailed review of the developments in the European original equipment PCLT tire market and forecasts for the period to 2028.

  • The Excel data-pack contains detailed data on PCLT RE tire volumes by region (Greater China, Rest of Asia Pacific, North America, Southern  & Central America, Europe, Middle East  & Africa) and country from 2018 and forecasts to 2028.
  • The data-pack also includes forecasts of new light vehicle registrations by country to 2028

Country coverage includes

  • Asia Pacific: China, Japan, India, South Korea, Thailand, Indonesia, Malaysia, Vietnam, Taiwan, Australia, New Zealand, Rest of Asia Pacific;
  • Europe: Germany, Spain, France, Russia, Czech Republic, United Kingdom, Slovakia, Italy, Romania, Poland, Hungary, Portugal, Sweden, Rest of Europe;
  • North America: USA, Canada, Mexico;
  • South  & Central America: Brazil, Argentina, Rest of South & Central America.

TABLE OF CONTENTS

1.0 Global Strategic Overview

Fig 1 Global Light Vehicle Registrations by Region 2019-2022

Fig 2 Global Light Vehicle Registrations by Region Forecast to 2028

Fig 3 Impact of CASE Trends on Future Tire Demand

2.0 Global Replacement Tire Market Forecasts to 2028

Fig 4 Global Replacement Tire Segment in the PCLT Tire Market, Forecast to 2028

Fig 5 Global Original Equipment and Replacement PCLT Tire Volume by Country, Forecast 2028

Fig 6 Replacement Share in PCLT Tire Volumes by Country, Forecast 2028

Fig 7 Replacement Share in PCLT Tire Volumes by Region, Forecast 2028

Fig 8 Global RE PCLT Tire Volume by Country 2019-2022

Fig 9 Global RE PCLT Tire Volume by Region Forecast to 2028

Fig 10 Global RE PCLT Tire Volume by Country Forecast to 2028

Fig 11 Share of Global RE PCLT Tire Volume by Country 2028

3.0 Asia Pacific Light Vehicle Registrations  & Production Forecasts to 2028

Fig 12 Asia Pacific Light Vehicle Registrations by Country Forecast to 2028

Fig 13 Quarterly Change in New Registrations by Country to Q2-2023

4.0 Asia Pacific Replacement Tire Market Forecasts to 2028

Fig 14 Asia Pacific Replacement PCLT Tire Segments in the PCLT Tire Market, Forecast to 2028

Fig 15 Asia Pacific Replacement and Original Equipment PCLT Tire Volume by Country, Forecast 2028

Fig 16 Replacement Share in PCLT Tire Volumes by Country, Forecast 2028

Fig 17 Asia Pacific Replacement PCLT Tire Volume by Country 2019-2022

Fig 18 Asia Pacific Replacement PCLT Tire Volume by Region Forecast to 2028

Fig 19 Asia Pacific Replacement PCLT Tire Volume by Country Forecast to 2028

Fig 20 Share of Asia Pacific Replacement PCLT Tire Volume by Country 2028

Fig 21 Value of the Asia Pacific Replacement PCLT Tire Market to 2022

5.0 Americas Light Vehicle Registrations  & Production Forecasts to 2028

Fig 22 Quarterly Change in New Registrations by Country to Q2-2023

Fig 23 Americas Light Vehicle Registrations by Country Forecast to 2028

6.0 Americas Replacement Tire Market Forecasts to 2028

Fig 24 Americas Replacement PCLT Tire Segments in the PCLT Tire Market, Forecast to 2028

Fig 25 Americas Replacement and Original Equipment PCLT Tire Volume by Country, Forecast 2028

Fig 26 Replacement Share in PCLT Tire Volumes by Country, Forecast 2028

Fig 27 Americas Replacement PCLT Tire Volume by Country 2019-2022

Fig 28 Americas Replacement PCLT Tire Volume by Region Forecast to 2028

Fig 29 Americas Replacement PCLT Tire Volume by Country Forecast to 2028

Fig 30 Share of Americas Replacement PCLT Tire Volume by Country 2028

Fig 31 Value of the Americas Replacement PCLT Tire Market to 2022

Fig 32 Market Segmentation, Summer, Winter and All-Season Tires

7.0 European Light Vehicle Registrations  & Production Forecasts to 2028

Fig 33 Quarterly Change in New Registrations by Country t oQ2-2023

Fig 34 European Light Vehicle Registrations by Country Forecast to 2028

8.0 European Replacement Tire Market Forecasts to 2028

Fig 35 European Replacement PCLT Tire Segments in the PCLT Tire Market, Forecast to 2028

Fig 36 European Replacement and Original Equipment PCLT Tire Volume by Country, Forecast 2028

Fig 37 Replacement Share in PCLT Tire Volumes by Country, Forecast 2028

Fig 38 European Replacement PCLT Tire Volume by Country 2019-2022

Fig 39 European Replacement PCLT Tire Volume by Region Forecast to 2028

Fig 40 European Replacement PCLT Tire Volume by Country Forecast to 2028

Fig 41 Share of European Replacement PCLT Tire Volume by Country 2028

Fig 42 Value of the European Replacement PCLT Tire Market to 2022

Fig 43 Market Segmentation, Summer, Winter and All-Season Tires

Fig 44 European Replacement PCLT Tire Volume by Rim Diameter Forecast to 2028

Fig 45 Segmentation of ≥18" European Replacement Tire Volumes Forecast to 2028

Fig 46 Market Potential - Tires for Plug-In Electric Cars in Europe to 2030

9.0 Data Tables

Table 1 Asia Pacific Replacement Tire Market Demand By Region and Country 2018-2028

Table 2 Growth in Asia Pacific Replacement Tire Market Demand By Region and Country 2018-2028

Table 3 Share of Asia Pacific Replacement Tire Market Demand By Region and Country 2018-2028

Table 4 Asia Pacific New Vehicle Registrations by Region and Country 2018-2028

Table 5 Americas Replacement Tire Market Demand By Region and Country 2018-2028

Table 6 Growth in Americas Replacement Tire Market Demand By Region and Country 2018-2028

Table 7 Share of Americas Replacement Tire Market Demand By Region and Country 2018-2028

Table 8 Americas New Vehicle Registrations by Region and Country 2018-2028

Table 9 European Replacement Tire Market Demand By Region and Country 2018-2028

Table 10 Growth in European Replacement Tire Market Demand By Region and Country 2018-2028

Table 11 Share of European Replacement Tire Market Demand By Region and Country 2018-2028

Table 12 European New Vehicle Registrations by Region and Country 2018-2028

10.0 Glossary and Definitions

Key Facts