Whilst demand for new cars in Europe picked up significantly in 2021, the recovery in the volume of new vehicles produced - and therefore the original equipment tire market - was held back by shortages in the supply chain, specifically semiconductors. Shortages continued in 2022, compounded by the conflict between Russia and Ukraine, dela...

The post-Covid recovery of the European replacement tire market has been impacted by massive supply chain dislocation and then a cost-of-living crisis affecting both supply and demand for tires. This report assesses the trends underpinning the disruption in the market and expected pattern of future developments.

Whilst demand for new cars in Europe picked up significantly in 2021, recovery in vehicle production, and the original equipment tire market, was held back by major shortages of components, specifically semiconductors. Supply chain disruption continued in 2022, compounded by the conflict between Russia and Ukraine. This has delayed...

Whilst demand for new cars in Europe picked up significantly in 2021, the recovery in the volume of new vehicles produced - and therefore the original equipment tire market - was held back by shortages in the supply chain, specifically semiconductors. Shortages have continued in 2022, compounded by the conflict between Russia and Ukrain...

Whilst potential demand for new cars in the Americas has picked up significantly, the recovery in vehicle production and the original equipment tire market was held back by major shortages of components, specifically semiconductors. Supply chain disruption has continued into 2023. This has delayed the recovery in the OE tire market, and...

Whilst demand for new cars in Europe picked up significantly in 2021, the recovery in the volume of new vehicles produced - and therefore the original equipment tire market - was held back by shortages in the supply chain, specifically semiconductors. Shortages continued in 2022, compounded by the conflict between Russia and Ukraine, dela...

Whilst potential demand for new cars in the Americas has picked up significantly, the recovery in vehicle production and the original equipment tire market was held back by major shortages of components, specifically semiconductors. Supply chain disruption has continued into 2023. This has delayed the recovery in the OE tire market, and...

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. ...

Whilst demand for new cars picked up significantly in 2021, both in the domestic Asia Pacific sector and key vehicle export destinations, the recovery in the volume of new vehicles produced - and therefore the original equipment tire market - has been held back by shortages in the supply chain, specifically semiconductors. Supply chain ...

The supply of tires across Europe continues to evolve. Sanctions imposed against Russia have impacted imports into Western and Central Europe since the second half of 2022. Nokian is clearly the most affected, and it is in the process of securing alternative capacity including a new plant in Romania. Pirelli has also adjusted its producti...

Whilst the PCLT replacement tire market in the Asia Pacific region began to recover in 2021, following the sharp declines in 2020, disruption continued in 2022. This has been most notable in the region’s biggest market, China, where the strict lock-down policy and a new wave of infections limited mobility, impacting replacement tire sal...

Whilst demand for new cars picked up significantly in 2021, both in the domestic Asia Pacific sector and key vehicle export destinations, the recovery in the volume of new vehicles produced - and therefore the original equipment tire market - has been held back by shortages in the supply chain, specifically semiconductors. Shortages con...