Winter & Snow Tires Market, Global Outlook and Forecast 2023-2029

Report ID: MMG206102 | Category: Automobile & Transportation | Pages: 76 | Format: PDF | Published Date: September 05,2023

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Report Summary

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.
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. This report contains market size and forecasts of Winter & Snow Tires in global, including the following market information:
Global Winter & Snow Tires Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Winter & Snow Tires Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Winter & Snow Tires companies in 2022 (%)
The global Winter & Snow Tires market was valued at US$ 12810 million in 2022 and is projected to reach US$ 18580 million by 2029, at a CAGR of 5.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Winter Tire key players include Nokian Tyres, Apollo, Hankook, Goodyear, etc. Europe is the largest market, followed by Russia, and North America. In terms of product, Studless is the largest segment, with a share over 65%. And in terms of application, the largest application is Passenger tires, followed by Light truck/SUV tires, etc.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Winter & Snow Tires manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Winter & Snow Tires Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Winter & Snow Tires Market Segment Percentages, by Type, 2022 (%)
    Studded Type
    Studless Type
Global Winter & Snow Tires Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Winter & Snow Tires Market Segment Percentages, by Application, 2022 (%)
    Passenger Tires
    Light Truck/SUV Tires
Global Winter & Snow Tires Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Winter & Snow Tires Market Segment Percentages, By Region and Country, 2022 (%)
    North America
        US
        Canada
        Mexico
    Europe
        Germany
        France
        U.K.
        Italy
        Russia
        Nordic Countries
        Benelux
        Rest of Europe
    Asia
        China
        Japan
        South Korea
        Southeast Asia
        India
        Rest of Asia
    South America
        Brazil
        Argentina
        Rest of South America
    Middle East & Africa
        Turkey
        Israel
        Saudi Arabia
        UAE
        Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Winter & Snow Tires revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Winter & Snow Tires revenues share in global market, 2022 (%)
Key companies Winter & Snow Tires sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Winter & Snow Tires sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
    Toyo Tire
    Yokohama
    Bridgestone
    Michelin
    Goodyear
    Continental
    Hankook
    Nizhnekamskshina
    Nokian Tyres
    Cooper Tire
Outline of Major Chapters:
Chapter 1: Introduces the definition of Winter & Snow Tires, market overview.
Chapter 2: Global Winter & Snow Tires market size in revenue and volume.
Chapter 3: Detailed analysis of Winter & Snow Tires manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: 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 6: Sales 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 of each country in the world.
Chapter 7: 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 8: Global Winter & Snow Tires capacity by region & country.
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: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.

1 Introduction to Research & Analysis Reports
    1.1 Winter & Snow Tires Market Definition
    1.2 Market Segments
        1.2.1 Market by Type
        1.2.2 Market by Application
    1.3 Global Winter & Snow Tires Market Overview
    1.4 Features & Benefits of This Report
    1.5 Methodology & Sources of Information
        1.5.1 Research Methodology
        1.5.2 Research Process
        1.5.3 Base Year
        1.5.4 Report Assumptions & Caveats
2 Global Winter & Snow Tires Overall Market Size
    2.1 Global Winter & Snow Tires Market Size: 2022 VS 2029
    2.2 Global Winter & Snow Tires Revenue, Prospects & Forecasts: 2018-2029
    2.3 Global Winter & Snow Tires Sales: 2018-2029
3 Company Landscape
    3.1 Top Winter & Snow Tires Players in Global Market
    3.2 Top Global Winter & Snow Tires Companies Ranked by Revenue
    3.3 Global Winter & Snow Tires Revenue by Companies
    3.4 Global Winter & Snow Tires Sales by Companies
    3.5 Global Winter & Snow Tires Price by Manufacturer (2018-2023)
    3.6 Top 3 and Top 5 Winter & Snow Tires Companies in Global Market, by Revenue in 2022
    3.7 Global Manufacturers Winter & Snow Tires Product Type
    3.8 Tier 1, Tier 2 and Tier 3 Winter & Snow Tires Players in Global Market
        3.8.1 List of Global Tier 1 Winter & Snow Tires Companies
        3.8.2 List of Global Tier 2 and Tier 3 Winter & Snow Tires Companies
4 Sights by Product
    4.1 Overview
        4.1.1 By Type - Global Winter & Snow Tires Market Size Markets, 2022 & 2029
        4.1.2 Studded Type
        4.1.3 Studless Type
    4.2 By Type - Global Winter & Snow Tires Revenue & Forecasts
        4.2.1 By Type - Global Winter & Snow Tires Revenue, 2018-2023
        4.2.2 By Type - Global Winter & Snow Tires Revenue, 2024-2029
        4.2.3 By Type - Global Winter & Snow Tires Revenue Market Share, 2018-2029
    4.3 By Type - Global Winter & Snow Tires Sales & Forecasts
        4.3.1 By Type - Global Winter & Snow Tires Sales, 2018-2023
        4.3.2 By Type - Global Winter & Snow Tires Sales, 2024-2029
        4.3.3 By Type - Global Winter & Snow Tires Sales Market Share, 2018-2029
    4.4 By Type - Global Winter & Snow Tires Price (Manufacturers Selling Prices), 2018-2029
5 Sights by Application
    5.1 Overview
        5.1.1 By Application - Global Winter & Snow Tires Market Size, 2022 & 2029
        5.1.2 Passenger Tires
        5.1.3 Light Truck/SUV Tires
    5.2 By Application - Global Winter & Snow Tires Revenue & Forecasts
        5.2.1 By Application - Global Winter & Snow Tires Revenue, 2018-2023
        5.2.2 By Application - Global Winter & Snow Tires Revenue, 2024-2029
        5.2.3 By Application - Global Winter & Snow Tires Revenue Market Share, 2018-2029
    5.3 By Application - Global Winter & Snow Tires Sales & Forecasts
        5.3.1 By Application - Global Winter & Snow Tires Sales, 2018-2023
        5.3.2 By Application - Global Winter & Snow Tires Sales, 2024-2029
        5.3.3 By Application - Global Winter & Snow Tires Sales Market Share, 2018-2029
    5.4 By Application - Global Winter & Snow Tires Price (Manufacturers Selling Prices), 2018-2029
6 Sights by Region
    6.1 By Region - Global Winter & Snow Tires Market Size, 2022 & 2029
    6.2 By Region - Global Winter & Snow Tires Revenue & Forecasts
        6.2.1 By Region - Global Winter & Snow Tires Revenue, 2018-2023
        6.2.2 By Region - Global Winter & Snow Tires Revenue, 2024-2029
        6.2.3 By Region - Global Winter & Snow Tires Revenue Market Share, 2018-2029
    6.3 By Region - Global Winter & Snow Tires Sales & Forecasts
        6.3.1 By Region - Global Winter & Snow Tires Sales, 2018-2023
        6.3.2 By Region - Global Winter & Snow Tires Sales, 2024-2029
        6.3.3 By Region - Global Winter & Snow Tires Sales Market Share, 2018-2029
    6.4 North America
        6.4.1 By Country - North America Winter & Snow Tires Revenue, 2018-2029
        6.4.2 By Country - North America Winter & Snow Tires Sales, 2018-2029
        6.4.3 US Winter & Snow Tires Market Size, 2018-2029
        6.4.4 Canada Winter & Snow Tires Market Size, 2018-2029
        6.4.5 Mexico Winter & Snow Tires Market Size, 2018-2029
    6.5 Europe
        6.5.1 By Country - Europe Winter & Snow Tires Revenue, 2018-2029
        6.5.2 By Country - Europe Winter & Snow Tires Sales, 2018-2029
        6.5.3 Germany Winter & Snow Tires Market Size, 2018-2029
        6.5.4 France Winter & Snow Tires Market Size, 2018-2029
        6.5.5 U.K. Winter & Snow Tires Market Size, 2018-2029
        6.5.6 Italy Winter & Snow Tires Market Size, 2018-2029
        6.5.7 Russia Winter & Snow Tires Market Size, 2018-2029
        6.5.8 Nordic Countries Winter & Snow Tires Market Size, 2018-2029
        6.5.9 Benelux Winter & Snow Tires Market Size, 2018-2029
    6.6 Asia
        6.6.1 By Region - Asia Winter & Snow Tires Revenue, 2018-2029
        6.6.2 By Region - Asia Winter & Snow Tires Sales, 2018-2029
        6.6.3 China Winter & Snow Tires Market Size, 2018-2029
        6.6.4 Japan Winter & Snow Tires Market Size, 2018-2029
        6.6.5 South Korea Winter & Snow Tires Market Size, 2018-2029
        6.6.6 Southeast Asia Winter & Snow Tires Market Size, 2018-2029
        6.6.7 India Winter & Snow Tires Market Size, 2018-2029
    6.7 South America
        6.7.1 By Country - South America Winter & Snow Tires Revenue, 2018-2029
        6.7.2 By Country - South America Winter & Snow Tires Sales, 2018-2029
        6.7.3 Brazil Winter & Snow Tires Market Size, 2018-2029
        6.7.4 Argentina Winter & Snow Tires Market Size, 2018-2029
    6.8 Middle East & Africa
        6.8.1 By Country - Middle East & Africa Winter & Snow Tires Revenue, 2018-2029
        6.8.2 By Country - Middle East & Africa Winter & Snow Tires Sales, 2018-2029
        6.8.3 Turkey Winter & Snow Tires Market Size, 2018-2029
        6.8.4 Israel Winter & Snow Tires Market Size, 2018-2029
        6.8.5 Saudi Arabia Winter & Snow Tires Market Size, 2018-2029
        6.8.6 UAE Winter & Snow Tires Market Size, 2018-2029
7 Manufacturers & Brands Profiles
    7.1 Toyo Tire
        7.1.1 Toyo Tire Company Summary
        7.1.2 Toyo Tire Business Overview
        7.1.3 Toyo Tire Winter & Snow Tires Major Product Offerings
        7.1.4 Toyo Tire Winter & Snow Tires Sales and Revenue in Global (2018-2023)
        7.1.5 Toyo Tire Key News & Latest Developments
    7.2 Yokohama
        7.2.1 Yokohama Company Summary
        7.2.2 Yokohama Business Overview
        7.2.3 Yokohama Winter & Snow Tires Major Product Offerings
        7.2.4 Yokohama Winter & Snow Tires Sales and Revenue in Global (2018-2023)
        7.2.5 Yokohama Key News & Latest Developments
    7.3 Bridgestone
        7.3.1 Bridgestone Company Summary
        7.3.2 Bridgestone Business Overview
        7.3.3 Bridgestone Winter & Snow Tires Major Product Offerings
        7.3.4 Bridgestone Winter & Snow Tires Sales and Revenue in Global (2018-2023)
        7.3.5 Bridgestone Key News & Latest Developments
    7.4 Michelin
        7.4.1 Michelin Company Summary
        7.4.2 Michelin Business Overview
        7.4.3 Michelin Winter & Snow Tires Major Product Offerings
        7.4.4 Michelin Winter & Snow Tires Sales and Revenue in Global (2018-2023)
        7.4.5 Michelin Key News & Latest Developments
    7.5 Goodyear
        7.5.1 Goodyear Company Summary
        7.5.2 Goodyear Business Overview
        7.5.3 Goodyear Winter & Snow Tires Major Product Offerings
        7.5.4 Goodyear Winter & Snow Tires Sales and Revenue in Global (2018-2023)
        7.5.5 Goodyear Key News & Latest Developments
    7.6 Continental
        7.6.1 Continental Company Summary
        7.6.2 Continental Business Overview
        7.6.3 Continental Winter & Snow Tires Major Product Offerings
        7.6.4 Continental Winter & Snow Tires Sales and Revenue in Global (2018-2023)
        7.6.5 Continental Key News & Latest Developments
    7.7 Hankook
        7.7.1 Hankook Company Summary
        7.7.2 Hankook Business Overview
        7.7.3 Hankook Winter & Snow Tires Major Product Offerings
        7.7.4 Hankook Winter & Snow Tires Sales and Revenue in Global (2018-2023)
        7.7.5 Hankook Key News & Latest Developments
    7.8 Nizhnekamskshina
        7.8.1 Nizhnekamskshina Company Summary
        7.8.2 Nizhnekamskshina Business Overview
        7.8.3 Nizhnekamskshina Winter & Snow Tires Major Product Offerings
        7.8.4 Nizhnekamskshina Winter & Snow Tires Sales and Revenue in Global (2018-2023)
        7.8.5 Nizhnekamskshina Key News & Latest Developments
    7.9 Nokian Tyres
        7.9.1 Nokian Tyres Company Summary
        7.9.2 Nokian Tyres Business Overview
        7.9.3 Nokian Tyres Winter & Snow Tires Major Product Offerings
        7.9.4 Nokian Tyres Winter & Snow Tires Sales and Revenue in Global (2018-2023)
        7.9.5 Nokian Tyres Key News & Latest Developments
    7.10 Cooper Tire
        7.10.1 Cooper Tire Company Summary
        7.10.2 Cooper Tire Business Overview
        7.10.3 Cooper Tire Winter & Snow Tires Major Product Offerings
        7.10.4 Cooper Tire Winter & Snow Tires Sales and Revenue in Global (2018-2023)
        7.10.5 Cooper Tire Key News & Latest Developments
8 Global Winter & Snow Tires Production Capacity, Analysis
    8.1 Global Winter & Snow Tires Production Capacity, 2018-2029
    8.2 Winter & Snow Tires Production Capacity of Key Manufacturers in Global Market
    8.3 Global Winter & Snow Tires Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
    9.1 Market Opportunities & Trends
    9.2 Market Drivers
    9.3 Market Restraints
10 Winter & Snow Tires Supply Chain Analysis
    10.1 Winter & Snow Tires Industry Value Chain
    10.2 Winter & Snow Tires Upstream Market
    10.3 Winter & Snow Tires Downstream and Clients
    10.4 Marketing Channels Analysis
        10.4.1 Marketing Channels
        10.4.2 Winter & Snow Tires Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
    12.1 Note
    12.2 Examples of Clients
    12.3 Disclaimer

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Winter & Snow Tires Market, Global Outlook and Forecast 2023-2029

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