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Saudi Arabia Four Wheeler Tire Market, By Vehicle Type (Passenger Cars, Light Commercial Vehicle (LCV)), By Tire Construction Type (Radial, Bias), By Price Segment (Budget, Ultra Budget, Premium), By Region (Central Region, Western Region, Eastern Region, Southern Region, Northern Region), By Company, Forecast & Opportunities, 2017- 2027F

Saudi Arabia Four Wheeler Tire Market, By Vehicle Type (Passenger Cars, Light Commercial Vehicle (LCV)), By Tire Construction Type (Radial, Bias), By Price Segment (Budget, Ultra Budget, Premium), By Region (Central Region, Western Region, Eastern Region, Southern Region, Northern Region), By Company, Forecast & Opportunities, 2017- 2027F

Saudi Arabia four wheeler tire market was valued at USD2,147.25 million in 2021, and it is anticipated to grow at a CAGR of 10.08% to reach USD3,639.62 million by 2027. Favorable government policies, growing expenditure capacity of consumers, and increased average life of four wheeler vehicles are the primary factors driving the growth of the Saudi Arabia four wheeler tire market in the forecast period.
The surge in the country's employment rate enables more consumers to spend significant amounts on the maintenance of vehicles to live a quality life. Rapid urbanization and industrialization coupled with road infrastructure development are bolstering the sales of four wheeler vehicles. The introduction of advanced features in four wheeler automobiles and the launch of vehicles having high fuel mileage, seating capacity, and more excellent performance are expected to create lucrative opportunities for the Saudi Arabia four wheeler tire market.
Changing extreme weather conditions in the country affects the tire condition adversely. Growing temperature boosts the tire pressure, resulting in frequent wear and tear of tires, thereby requiring the replacement of four wheeler vehicle tires.
Saudis prefer to invest in buying used cars due to the imposition of high import duties and taxes on the purchase of vehicles due to the absence of automobile manufacturing plants in the country. Also, the online sales channels selling used cars at affordable rates contribute to market growth. Used vehicle tires require to be frequently replaced than the new vehicle tires. The high sales of used four wheeler vehicles are expected to accelerate the growth of the Saudi Arabia four wheeler vehicle in the forecast period.
The Saudi Arabia four wheeler tire market is segmented on vehicle type, tire construction type, price segment, and region. Based on vehicle type, the market is divided into passenger cars and light commercial vehicles. The passenger car vehicle is leading the market by holding a total share of about 85.27% in the year 2021. The increase in sales of imported vehicles in recent times and growing vehicle ownership among consumers are the major factors influencing the demand for passenger cars in the next five years.
Bridgestone Corporation, Hankook Tire Co. Ltd., The Goodyear Tire & Rubber Company, The Yokohama Rubber Co., Ltd., Toyo Tire Corporation, Continental AG, Michelin AIM FZE, Pirelli Pneus SA, Sailun Group Co., Ltd., Sumitomo Rubber Industries, Ltd. are the major market players leading the growth of Saudi Arabia four wheeler tire market.

Years considered for this report:
Historical Years: 2017-2020
Base Year: 2021
Estimated Year: 2022
Forecast Period: 2023-2027

Objective of the Study:
•To analyze the historical growth of the market size of Saudi Arabia four wheeler tire market from 2017 to 2021.
•To estimate and forecast the market size of Saudi Arabia four wheeler tire market from 2022 to 2027 and growth rate until 2027.
•To classify and forecast Saudi Arabia four wheeler tire market based on vehicle type, tire construction type, price segment, region, and company.
•To identify dominant region or segment in the Saudi Arabia four wheeler tire market.
•To identify drivers and challenges for Saudi Arabia four wheeler tire market.
•To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Saudi Arabia four-wheeler tire market.
•To identify and analyze the profile of leading players operating in Saudi Arabia four wheeler tire market.
•To identify key sustainable strategies adopted by market players in Saudi Arabia four wheeler tire market.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers who could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the country.
TechSci Research calculated the market size of Saudi Arabia four wheeler tire market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:
•Four wheeler tire manufacturers
•Market research and consulting firms
•Government bodies such as regulating authorities and policy makers
•Organizations, forums, and alliances related to four wheeler tire market
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:
In this report, Saudi Arabia four wheeler tire market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
•Saudi Arabia Four Wheeler Tire Market, By Vehicle Type:
oPassenger Car
oLight Commercial Vehicle (LCV)
•Saudi Arabia Four Wheeler Tire Market, By Tire Construction Type:
oRadial
oBias
•Saudi Arabia Four Wheeler Tire Market, By Price Segment:
oBudget
oPremium
oUltra-Budget
•Saudi Arabia Four Wheeler Tire Market, By Region:
oCentral Region
oWestern Region
oEastern Region
oSouthern Region
oNorthern Region

Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Saudi Arabia four wheeler tire market.

Available Customizations:
With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:
Company Information
•Detailed analysis and profiling of additional market players (up to five).
Table of Contents

1.Product Overview
2.Research Methodology
3.Executive Summary
4.Impact of COVID-19 on Saudi Arabia Four Wheeler Tire Market
5.Voice of Customer
5.1.Factors Influencing Purchase Decision
5.2.Aided Brand Recall and Unaided Brand Recall
5.3.Brand Satisfaction Level
6.Saudi Arabia Four Wheeler Tire Market Outlook
6.1.Market Size & Forecast
6.1.1.By Volume and Value
6.2.Market Share & Forecast
6.2.1.By Vehicle Type (Passenger Cars, Light Commercial Vehicle (LCV))
6.2.2.By Tire Construction Type (Radial, Bias)
6.2.3.By Price Segment (Budget, Ultra Budget, Premium)
6.2.4.By Region (Central Region, Western Region, Eastern Region, Southern Region, Northern Region)
6.2.5.By Company (2021)
6.3.Market Map (By Vehicle Type, By Tire Construction Type, By Price Segment, By Region)
7.Saudi Arabia Passenger Car Tire Market Outlook
7.1.Market Size & Forecast
7.1.1.By Volume and Value
7.2.Market Share & Forecast
7.2.1.By Vehicle Type
7.2.2.By Tire Construction Type
7.2.3.By Price Segment
7.2.4.By Rim Size (Up to 14'', 15"- 17'', Above 17'')
8.Saudi Arabia Light Commercial Vehicle (LCV) Tire Market Outlook
8.1.Market Size & Forecast
8.1.1.By Volume and Value
8.2.Market Share & Forecast
8.2.1.By Vehicle Type
8.2.2.By Tire Construction Type
8.2.3.By Price Segment
8.2.4.By Rim Size (Up to 14'', 15"- 17'', Above 17'')
9.Passenger Car and LCV Model Wise Tire Sizes
10.Prominent Tire Sizes By Brands (Passenger Car and LCV)
11.Tire Sizes Vs Vehicle Applicable Model (Passenger Car and LCV)
12.Pricing Analysis By Tire Sizes (Passenger Car and Van)
13.Market Dynamics
13.1.Drivers
13.2.Challenges
14.Market Trends and Developments
15.Policy & Regulatory Landscape
16.Import Export Analysis
17.Supply Chain Analysis
18.Prominent Dealers/Distributors
19.Saudi Arabia Economic Profile
20.Market Share By Company for Top 10 Four Wheeler Tire Sizes, 2020
21.Competitive Landscape
21.1.Bridgestone Corporation
21.2.Hankook Tire Co. Ltd.
21.3.The Goodyear Tire & Rubber Company
21.4.The Yokohama Rubber Co., Ltd.
21.5.Toyo Tire Corporation
21.6.Continental AG
21.7.Michelin AIM FZE
21.8.Pirelli Pneus SA
21.9.Sailun Group Co., Ltd.
21.10.Sumitomo Rubber Industries, Ltd.
22.Strategic Recommendations
This report also includes excel containing following information:
•Product benchmarking of prominent tire sizes based on 34 tire specifications broken down by top 5 tire companies across top selling car and LCV models.
•Passenger Car and LCV model wise Tire Sizes
•Tire Sizes Vs Vehicle Applicable Models (both Passenger Car and LCV)
•Market Size and Share of Top 5 Tire Brands, By Top 10 Prominent Tire Sizes for 2020-2025F
•Market Share and Size, By Company for Top 10 Tire Sizes, 2020, Broken Down into Tier 1 Brands, Low Cost Brands and Chinese Brands
•Pricing Analysis of Top Tire Sizes By Vehicle Type (including Passenger Car and LCV) based on Average Selling Price, Average Profit Margin For Tire Manufacturer While Selling to the Distributers, Average Margin for Distributers While Selling to the Reseller, and Average Margin for Reseller While Selling to the End User

List of Figure
Figure 1:Saudi Arabia Four Wheeler Tire Market Size, By Volume (Thousand Units) and Value (USD Million), 2017-2027F
Figure 2:Saudi Arabia Four Wheeler Tire Market Share, By Vehicle Type, By Volume, 2017-2027F
Figure 3:Saudi Arabia Four Wheeler Tire Market Share, By Tire Construction Type, By Volume, 2017-2027F
Figure 4:Saudi Arabia Four Wheeler Tire Market Share, By Price Segment, By Volume, 2017-2027F
Figure 5:Saudi Arabia Four Wheeler Tire Market Share, By Region, By Volume, 2017-2027F
Figure 6:Saudi Arabia Four Wheeler Tire Market Share, Market Share, By Company, By Volume, 2021
Figure 7:Saudi Arabia Four Wheeler Tire Market Map, By Vehicle Type, Market Size (Thousand Units) & Growth Rate (%)
Figure 8:Saudi Arabia Four Wheeler Tire Market Map, By Tire Construction Type, Market Size (Thousand Units) & Growth Rate (%)
Figure 9:Saudi Arabia Four Wheeler Tire Market Map, By Price Segment, Market Size (Thousand Units) & Growth Rate (%)
Figure 10:Saudi Arabia Four Wheeler Tire Market Map, By Region, Market Size (Thousand Units) & Growth Rate (%)
Figure 11:Saudi Arabia Passenger Car Tire Market Size, By Volume (Thousand Units) and Value (USD Million), 2017-2027F
Figure 12:Saudi Arabia Passenger Car Tire Market Share, By Vehicle Type, By Volume, 2017-2027F
Figure 13:Saudi Arabia Passenger Car Tire Market Share, By Tire Construction Type, By Volume, 2017-2027F
Figure 14:Saudi Arabia Passenger Car Tire Market Share, By Price Segment, By Volume, 2017-2027F
Figure 15:Saudi Arabia Passenger Car Tire Market Share, By Rim Size, By Volume, 2017-2027F
Figure 16:Saudi Arabia LCV Tire Market Size, By Volume (Thousand Units) and Value (USD Million), 2017-2027F
Figure 17:Saudi Arabia LCV Tire Market Share, By Vehicle Type, By Volume, 2017-2027F
Figure 18:Saudi Arabia LCV Tire Market Share, By Tire Construction Type, By Volume, 2017-2027F
Figure 19: Saudi Arabia LCV Tire Market Share, By Price Segment, By Volume, 2017-2027F
Figure 20:Saudi Arabia LCV Tire Market Share, By Rim Size, By Volume, 2017-2027F
Figure 21:Saudi Arabia Passenger Car Tire Import, By Value, 2016-2020 (USD Million)
Figure 22:Saudi Arabia Passenger Car Tire Export, By Value, 2016-2020 (USD Million)
Figure 23:Saudi Arabia Passenger Car Tire Import Share, By Top Five Countries, By Value, 2020
Figure 24:Saudi Arabia Passenger Car Tire Export Share, By Top Five Countries, By Value, 2020
Figure 25:Saudi Arabia Commercial Vehicle Tire Import, By Value, 2016-2020 (USD Million)
Figure 26:Saudi Arabia Commercial Vehicle Tire Export, By Value, 2016-2020 (USD Million)
Figure 27:Saudi Arabia Commercial Vehicle Tire Import Share, By Top Five Countries, By Value, 2020
Figure 28:Saudi Arabia Commercial Vehicle Tire Export Share, By Top Five Countries, By Value, 2020

Report Title: Saudi Arabia Four Wheeler Tire Market, By Vehicle Type (Passenger Cars, Light Commercial Vehicle (LCV)), By Tire Construction Type (Radial, Bias), By Price Segment (Budget, Ultra Budget, Premium), By Region (Central Region, Western Region, Eastern Region, Southern Region, Northern Region), By Company, Forecast & Opportunities, 2017- 2027F


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