Japan Tire Market – Size, Share and Growth Overview
MarkNtel Advisors, a leading market research company, has recently released its latest Japan Tire Market Report By Type of Tire (Radial, Bias), By Demand Type (OEM, Replacement), By Season (All-Season, Summer) and others forecast [2024-30]. This comprehensive examination analyzes the market size, share, growth, and revenue of the market by 2030. Our research provides valuable insights for individuals making data-driven decisions, including business owners and analysts. Whether your objective is to explore new markets, launch a new product, or maintain a competitive edge, our research report on the Japan Tire Market offers well-researched facts and figures related to market size, share, growth, and revenue in the industry.
What would be the growth rate or CAGR of the Japan Tire Market during 2024-30?
The Japan Tire Market sales volume was 119.32 million units in 2022 and is projected to grow at a CAGR of around 1.8% during the forecast period, i.e., 2024-30.
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What are the Japan Tire Market Growth Challenges?
Intense Competition from other Asian Tire Manufacturers - Japanese automakers are facing challenges when it comes to transitioning to electric vehicles. For instance, no carmaker from Japan could make it to the Top 20 EV makers globally, hinting at their lag in terms of EV tires. Besides, the country faces fierce competition from tire manufacturers in other Asian countries, where production costs are often lower. These regional competitors offer competitive prices, putting pressure on Japanese tire companies to enhance their product offerings and improve cost efficiency, posing a challenge for the market growth.
On Geographical Scale, the Market Expand Across the:
- Hokkaido
- Tohoku
- Kanto
- Chubu
- Others
Which Companies are Leading in the Japan Tire Market Between 2024-2030?
The report looks closely at big companies in the market, studying how they plan to be in the market over the coming years. The information we gathered can even help new companies in the long run. With useful facts and advice, our report gives a clear picture of the market, helping investors and others make strong decisions in the Japan Tire market. The report points out important companies, including:
Bridgestone Corporation
Sumitomo Rubber Industries Limited
Yokohama Rubber Company Limited
Toyo Tires Rubber Company Limited
Kumho Tire Japan Inc
Japan Michelin tire Co Ltd
Japan Goodyear Inc
Japan Pirelli Inc
Hankook Tire Japan
accompanied by their respective net worth and valuation in USD.
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Japan Tire Industry Segmentation:
The segmented of Japan Tire Market is as follows:
By Vehicle Type
- Passenger Cars
- SUV
- Sedan
- Hatchback Bakkies
- Light Commercial Vehicles (LCV)
- Light Trucks
- Light Buses
- Pickup trucks Vans
- Medium High Commercial Vehicles
- Bus
- Truck
- Two Wheelers
- Moped
- Scooters
- Motorcycles
- Off the Road (OTR)
- Earthmoving Equipment
- Material Handling Equipment
- Industrial Mining Equipment
By Demand Type
- OEM
- Replacement
By Type of Tire
- Radial
- Bias
By Season
- All Season
- Summer
By Sales Channel
- Online
- Dealers/ Exclusive Outlets
- Others
By Rim Size
- Upto 12
- 1” to 15”
- 1.” to 19”
- 1” to 20”
- 1” to 22.5”
- 6” to 26”
- 1” to 35”
- 1” to 47”
- Above 47”
By Price Category
- Low
- Medium
- High
Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.
Key Questions Covered in this Japan Tire Market Research Report
- What is the current size of the Japan Tire Market, and what factors drive its growth?
- How does the Japan Tire Market share compare among key players, and what strategies are they using to gain a competitive advantage?
- What are the latest trends in the Japan Tire Market, and how are these trends expected to evolve in the near future?
- What is the demand outlook for the Japan Tire Market, and how is it influenced by industry-specific factors and broader economic trends?
- What opportunities are available for investors in the Japan Tire Market, and what are the latest investment trends and preferences in this sector?
Other Reports
- https://plaza.rakuten.co.jp/marketpulse/diary/202402020001/
- https://plaza.rakuten.co.jp/marketpulse/diary/202402020000/
- https://plaza.rakuten.co.jp/marketpulse/diary/202402010001/
- https://plaza.rakuten.co.jp/marketpulse/diary/202402010000/
- https://plaza.rakuten.co.jp/marketpulse/diary/202401310001/
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