Israel Tire Market

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Israel Tire Market, By Vehicle Type (Passenger Cars, Light Commercial Vehicles (LCVs), Medium & Heavy Commercial Vehicles (M&HCVs), Off-The-Road (OTR) Vehicles, Two Wheelers); By Demand Category (OEM, Replacement); By Type of Tire (Radial, Bias); By Sales Channel (Dealer/Exclusive Outlets, Online); By Tube Type (Tube, Tubeless), Competitive Landscape & Forecast, 2019–2029

  • Published Date: September 2023
  • Report ID: BWC23756
  • Available Format: PDF
  • Page: 200

Report Overview

Increasing vehicle ownership, expanding the automotive industry, rising consumer disposable income, and demand for replacement tires due to road infrastructure development are expected to drive the expansion of Israel Tire Market during the forecast period between 2023 and 2029.

Israel Tire Market – Industry Trends & Forecast Report, 2029

Israel tire market size was estimated at USD 612.16 million in 2022. During the forecast period between 2023 and 2029, the size of Israel tire market is projected to grow at a CAGR of 3.24% reaching a value of USD 765.25 million by 2029. Israel tire market has exhibited several noteworthy trends. A growing emphasis on sustainable mobility has driven the demand for eco-friendly and fuel-efficient tires. Also, technological advancements have led to increased adoption of smart tires with embedded sensors for enhanced safety and performance monitoring. The market has witnessed a shift towards premium and specialized tires, driven by consumers' desire for improved driving experiences. Online retail channels have gained prominence, facilitating convenient tire purchases. However, potential challenges lie in the fluctuating raw material costs and regulatory changes. Overall, the Israel tire market reflects a blend of environmental consciousness, innovation, and changing consumer preferences.

Israel Tire Market

Israel Tire Market - Overview

A tire is a circular, rubber-constructed component commonly used in vehicles to provide traction, support, and cushioning between the vehicle and the road surface. It consists of various layers including tread, sidewall, and inner liner, designed to offer grip, stability, and resistance to wear. Tires come in diverse types tailored for specific purposes like passenger cars, trucks, motorcycles, and bicycles, with variations for different terrains and weather conditions. Regular maintenance is essential to ensure proper inflation, tread depth, and overall condition, as tires play a pivotal role in vehicle safety, efficiency, and performance.

Growth Drivers

Technological Advancements Propelling Market Growth

Israel's tire market is surging forward, driven by the rapid adoption of technological advancements. The integration of smart tire technologies, such as tire pressure monitoring systems (TPMS) and sensor-based tread wear analysis, has heightened safety and performance expectations. These innovations enable real-time data collection, enhancing driving experiences and extending tire lifespan. Further, the increasing adoption of electric and hybrid vehicles has spurred demand for specialized tires optimized for these eco-friendly platforms. As Israeli consumers prioritize efficiency, safety, and sustainability, tire manufacturers and suppliers are compelled to continuously innovate, fostering a robust tire market poised for sustained growth.


Stringent Regulations

Israel's tire market faces significant regulatory barriers that hinder its growth prospects. Stringent import regulations, environmental standards, and labeling requirements imposed by the government create obstacles for tire manufacturers and distributors. These regulations increase operational costs, limit product variety, and discourage market expansion. The need to comply with these intricate rules often results in delays in introducing new tire models or brands to the market. As a consequence, the industry experiences constrained innovation, reduced competitiveness, and challenges in meeting consumer demand for a diverse range of tires, thus impeding the sector's potential growth.

Impact of COVID-19 on Israel Tire Market

Israel tire market experienced significant shifts due to COVID-19. Initially, lockdowns and supply chain disruptions led to reduced consumer demand and production delays. Remote work and limited travel suppressed car usage, affecting replacement tire sales. However, a subsequent surge in e-commerce and home deliveries boosted demand for commercial vehicle tires. As restrictions eased, pent-up demand resulted in a rebound, though uncertainties remained. The market adapted to changing preferences, emphasizing online sales and safety-related tire features. Overall, COVID-19 prompted a reshaping of Israel's tire sector, triggering more flexibility and innovations to navigate the evolving landscape.

Israel Tire Market

Segmental Coverage

Israel Tire Market – By Vehicle Type

Based on vehicle type, Israel tire market is divided into Passenger Cars, Light Commercial Vehicles (LCVs), Medium & Heavy Commercial Vehicles (M&HCVs), Off The Road (OTR), and Two Wheelers segments. The passenger cars category represents a significant portion of the market. This segment pertains to tires designed for regular automobiles used by individuals and families, constituting a substantial portion of the overall tire demand due to the widespread use of personal vehicles. While light commercial vehicles contribute to the market, the medium & heavy commercial vehicles (M&HCVs) category holds notable importance as well. These tires cater to trucks, buses, and other sizeable commercial vehicles that form the backbone of goods transportation and public transport systems, respectively.

Israel Tire Market Share

Israel Tire Market – By Demand Category

By demand category, Israel tire market is split into OEM and Replacement segments. These segments demarcate the primary avenues through which tires are integrated into the automotive landscape. The OEM segment dominates the market share. The OEM segment encompasses the tires that are directly incorporated into new vehicles during their manufacturing process. This category underscores the collaboration between automakers and tire manufacturers to ensure optimal performance and compatibility.

On the other hand, the replacement segment involves the tires that are purchased by vehicle owners to replace worn-out or damaged tires on existing vehicles. This segment is influenced by vehicle maintenance, road conditions, and consumer preferences.

Israel Tire Market – By Type of Tires

By type of tires, Israel tire market is bifurcated into Radial and Bias segments. These segments represent different types of tire construction, with radial tires featuring a design where the cords run radially across the tire, and Bias tires having cords that crisscross diagonally. These distinctions impact tire performance and characteristics, influencing factors like durability, handling, and fuel efficiency. Understanding the differences between these segments is crucial for making informed decisions when purchasing tires in the Israeli market.

Israel Tire Market – By Sales Channel

Based on sales channel, Israel tire market is split into Dealer/Exclusive Outlets and Online segments. These segments are the main divisions through which tires are distributed and purchased in the country. The dealer/exclusive outlets segment includes brick-and-mortar stores and authorized dealerships, while the online segment involves purchasing tires through various e-commerce platforms. These segments reflect the different channels consumers can use to access tires, catering to both traditional in-person shopping and the growing trend of online shopping for automotive products.

Israel Tire Market – By Tube Type

Based on tube type, Israel tire market is divided into Tube and Tubeless. Tube tires feature an inner tube containing air, while Tubeless tires have an airtight seal that eliminates the need for an inner tube. These segments cater to different preferences and applications, with Tubeless tires gaining popularity due to their reduced risk of punctures and improved fuel efficiency. This market division reflects the diverse choices available to consumers in Israel when selecting tires for their vehicles.

Competitive Landscape

Major players in the Israel tire market include Michelin, Bridgestone, Goodyear, Continental, Pirelli, Hankook, Yokohama, Toyo Tires, Nokian Tyres, and Maxxis. To grow their market share, these companies are also focusing on investing in innovations, collaborations, and expansions.

Recent Developments

  • In March 2021 - Nokian Tyres PLC announced that its plan to increase its production capacity for passenger car tires at the Finnish factory by about 30%.

Scope of the Report



Years Considered

Historical Data – 2019–2022

Base Year – 2022

Estimated Year – 2023

Forecast Period – 2023–2029

Facts Covered

Revenue in USD Million

Market Coverage

Saudi Arabia

Product/ Service Segmentation

Vehicle Type, Demand Category, Type of Tires, Sales Channel, Tube Type

Key Players

Michelin, Bridgestone, Goodyear, Continental, Pirelli, Hankook, Yokohama, Toyo Tires, Nokian Tyres, Maxxis


By Vehicle Type

  • Passenger Cars

  • Light Commercial Vehicles (LCVs)

  • Medium & Heavy Commercial Vehicles (M&HCVs)

  • Off The Road (OTR) Vehicles

  • Two-Wheelers

By Demand Category

  • OEM

  • Replacement

By Type of Tires

  • Radial

  • Bias

By Sales Channel

  • Dealer/Exclusive Outlets

  • Online

By Tube Type

  • Tube

  • Tubeless

  1. Research Framework
    1. Research Objective
    2. Product Overview
    3. Market Segmentation
  2. Executive Summary
  3. Israel Tire Market Insights
    1. Industry Value Chain Analysis
    2. DROC Analysis
      1. Drivers
        1. The growth of the automotive sector in Israel.
        2. The increasing popularity of SUVs and other heavy-duty vehicles.
        3. The government's focus is on infrastructure development.
      2. Restraints
        1. Import Dependency
        2. Environmental Concerns
      3. Opportunities
        1. Innovations in Tire Technology
        2. Electric and Hybrid Vehicles
      4. Challenges
        1. Infrastructure and Road Conditions
        2. Changing Mobility Trends
    3. Technological Advancements/Recent Developments
    4. Regulatory Framework
    5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
  4. Israel Tire Market Overview
    1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Vehicle Type
        1. Passenger Cars
        2. Light Commercial Vehicles (LCVs)
        3. Medium & Heavy Commercial Vehicles (M&HCVs)
        4. Off The Road (OTR) Vehicles
        5. Two Wheelers
      2. By Demand Category
        1. OEM
        2. Replacement
      3. By Type of Tires
        1. Radial
        2. Bias
      4. By Sales Channel
        1. Dealer/Exclusive Outlets
        2. Online
        3. Others
      5. By Tube Type
        1. Tube
        2. Tubeless
  5. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. South Africa Insurance Company Market Share Analysis, 2022
    3. Competitive Benchmarking, By Operating Parameters
    4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
  6. Impact of Covid–19 on Israel Tire Market
  7. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
    1. Michelin
    2. Bridgestone
    3. Goodyear
    4. Continental
    5. Pirelli
    6. Hankook
    7. Yokohama
    8. Toyo Tires
    9. Nokian Tyres
    10. Maxxis
    11. Other Prominent Players
  8. Key Strategic Recommendations
  9. Research Methodology
    1. Qualitative Research
      1. Primary & Secondary Research
    2. Quantitative Research
    3.  Market Breakdown & Data Triangulation
      1.  Secondary Research
      2.  Primary Research
    4.  Breakdown of Primary Research Respondents, By Region
    5.  Assumptions & Limitations


*Financial information of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.


List of Figures


Figure 1       Israel Tire Segmentation                   

Figure 2       Israel Tire Market Value Chain Analysis                           

Figure 3       Company Market Share Analysis, 2022                  

Figure 4       Israel Tire Market Size, By Value (USD Million), 2019–2029                          

Figure 5       Israel Tire Market Share, By Vehicle Type, By Value, 2019–2029                  

Figure 6       Israel Tire Market Share, By Demand Category, By Value, 2019–2029                                                

Figure 7       Israel Tire Market Share, By Type of Tires, By Value, 2019–2029

Figure 8       Israel Tire Market Share, By Sales Channel, By Value, 2019–2029

Figure 9       Israel Tire Market Share, By Tube Type, By Value, 2019–2029


List of Tables


Table 1        Israel Tire Market Size, By Value (USD Million), 2019–2029

Table 2        Israel Tire Market Share, By Vehicle Type, By Value, 2019–2029                  

Table 3        Israel Tire Market Share, By Demand Category, By Value, 2019–2029                                                

Table 4        Israel Tire Market Share, By Type of Tires, By Value, 2019–2029

Table 5        Israel Tire Market Share, By Sales Channel, By Value, 2019–2029

Table 6        Israel Tire Market Share, By Tube Type, By Value, 2019–2029

Table 7        Michelin Company Overview

Table 8        Michelin Financial Overview

Table 9        Bridgestone Company Overview

Table 10      Bridgestone Financial Overview

Table 11      Goodyear Company Overview

Table 12      Goodyear Financial Overview

Table 13      Continental Company Overview

Table 14      Continental Financial Overview

Table 15      Pirelli Company Overview

Table 16      Pirelli Financial Overview

Table 17      Hankook Company Overview

Table 18      Hankook Financial Overview

Table 19      Yokohama Company Overview

Table 20      Yokohama Financial Overview

Table 21      Toyo Tires Company Overview

Table 22      Toyo Tires Financial Overview

Table 23      Nokian Tyres Company Overview

Table 24      Nokian Tyres Financial Overview

Table 25      Maxxis Company Overview

Table 26      Maxxis Financial Overview

Table 27      Other Prominent Players Company Overview

Table 28      Other Prominent Players Financial Overview

Market Segmentation

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Frequently Asked Questions (FAQs):

Ans: Israel Tire Market size was estimated at USD 612.16 million in 2022.
Ans: Major factors driving the growth of Israel Tire Market include increasing vehicle ownership, expanding the automotive industry, rising consumer disposable income, and demand for replacement tires due to road infrastructure development.
Ans: Key players in Israel Tire Market include Michelin, Bridgestone, Goodyear, Continental, Pirelli, Hankook, Yokohama, Toyo Tires, Nokian Tyres, and Maxxis.
Ans: The passenger cars segment accounts for the highest market share in the Israel Tire Market by vehicle type.
Ans: The OEM segment accounts for a higher market share in the Israel Tire Market by demand category.