Netherlands Tire Market

Netherlands Tire Market, By Vehicle Type (Passenger Cars, Light Commercial Vehicles (LCVs), Medium & Heavy Commercial Vehicles (M&HCVs), Off The Road (OTR) Vehicles, Two Wheelers, Three Wheelers); By Type of Tire (Radial, Bias); By Origin (Local Manufacturing, Imports); By Sales Channel (Dealer/Exclusive Outlets, Online); By Demand Category (OEM, Replacement), Trend Analysis, Competitive Landscape & Forecast, 2019–2029

  • Published Date: October 2023
  • Report ID: BWC23814
  • Available Format: PDF
  • Page: 200

Report Overview

Economic growth, vehicle sales, consumer preferences for all-season and winter tires due to varying weather conditions, government regulations promoting fuel efficiency and safety, and increasing environmental awareness driving demand for eco-friendly tire options contribute to the growth of the Netherlands Tire Market during the forecast period between 2023 and 2029.

The Netherlands Tire Market - Industry Trends & Forecast Report, 2029

The Netherlands tire market size was estimated at USD 2,628.25 million in 2022. During the forecast period between 2023 and 2029, the size of Netherlands tire market is projected to grow at a CAGR of 8.49% reaching a value of USD 4,286.25 million by 2029. The Netherlands tire market is influenced by several driving factors. Firstly, the country's high vehicle ownership rate and a strong emphasis on road safety ensure consistent demand for tires. Environmental consciousness is also a significant driver, with a growing preference for eco-friendly and fuel-efficient tires. Also, the Dutch government's strict regulations on winter tires further boost market growth during the colder months. Further, innovations in tire technology, such as run-flat and self-sealing tires, play a role in shaping consumer preferences. Lastly, the Netherlands' strategic location as a transportation hub in Europe contributes to a steady demand for commercial vehicle tires.

Netherlands Tire Market

The Netherlands Tire Market - Overview

Tires are essential components of vehicles, serving as the point of contact between the vehicle and the road. Typically made of rubber, they provide traction, cushioning, and support, enabling safe and efficient transportation. Tires come in various sizes and types to suit different vehicles and purposes, from passenger cars to trucks and bicycles. They consist of a tread pattern for grip, sidewalls for structural support, and an inner layer filled with compressed air or other materials. Regular maintenance, such as proper inflation and tread inspection, is crucial for safety and optimal performance.

Growth Drivers

Sustainable Mobility Initiatives

The Netherlands tire market is experiencing a significant growth driver in the form of sustainable mobility initiatives. With an increasing focus on environmental sustainability and reduced carbon emissions, the demand for eco-friendly tires is on the rise. Government regulations promoting green transportation, coupled with consumer preferences for fuel-efficient and low-rolling-resistance tires, are propelling the market forward. Also, the growing popularity of electric vehicles (EVs) and hybrid cars is driving demand for specialized tires, further boosting the market's expansion. As the Netherlands embraces a greener future, the tire market is poised to benefit from the shift towards eco-conscious mobility solutions.

Restraints

Regulatory Hurdles May Impede Market Growth

One significant restraint facing the Netherlands tire market is the stringent environmental regulations governing tire disposal and recycling. The Dutch government has imposed strict laws to reduce tire waste and promote sustainable tire disposal practices, including a mandatory recycling fee. This poses a challenge for tire manufacturers and distributors as compliance with these regulations increases operational costs. Also, the need for eco-friendly tire designs and materials adds to research and development expenses. These regulatory hurdles not only affect profitability but also demand innovative solutions for environmentally friendly tire production, making it a substantial restraint in this market.

Impact of COVID-19 on the Netherlands Tire Market

The COVID-19 pandemic significantly impacted the Netherlands tire market. Lockdowns and travel restrictions led to reduced vehicle usage, resulting in a decreased demand for tires. Manufacturing and supply chain disruptions also affected tire availability, leading to delays and increased prices. Moreover, economic uncertainty prompted consumers to postpone tire replacement, affecting aftermarket sales. However, as restrictions eased and the economy recovered, there was a gradual resurgence in the market as vehicle usage rebounded, but the industry faced challenges in managing supply chain disruptions and meeting fluctuating demand. The pandemic underscored the market's vulnerability to global crises and emphasized the need for resilience in the market.

The Netherlands Tire Market

Segmental Coverage

The Netherlands Tire Market - By Vehicle Type

By vehicle type, Netherlands tire market is divided into Passenger Cars, Light Commercial Vehicles (LCVs), Medium & Heavy Commercial Vehicles (M&HCVs), Off The Road (OTR) Vehicles, Two-wheelers, and Three-wheelers segments. The passenger cars segment dominates the market, which reflects the country's high demand for tires in the automotive sector. Following closely is the LCVs segment, indicative of the growing commercial transport industry. Also, the M&HCVs segment represents a significant share of Netherlands's logistics and transportation needs. The OTR vehicles segment caters to specialized vehicles, while two-wheelers and three-wheelers segments are essential for personal and commercial mobility. These segments collectively highlight the diverse and expanding tire market in the Netherlands, shaped by its evolving transportation landscape.

Netherlands Tire Market Size

The Netherlands Tire Market - By Origin

Based on origin, the Netherlands tire market is divided into Local Manufacturing, and Imports segments. This segmentation highlights the key factors influencing the market's dynamics. Local manufacturing signifies the production of tires within the Netherlands, while the imports segment encompasses tires brought in from other countries. This division underscores the market's reliance on both domestic production capabilities and international trade relationships, ultimately shaping its supply chain, pricing, and overall competitiveness. Understanding the balance between these segments is crucial for stakeholders in the Dutch tire market to make informed decisions and adapt to changing market conditions effectively.

The Netherlands Tire Market - By Type of Tire

Based on type of tire, the Netherlands tire market is divided into Radial and Bias segments. Radial tires are noted for their exceptional performance due to their distinctive architecture, which features layers flowing radially from the center, giving greater stability and fuel efficiency. The diagonal layer construction of bias tires, on the other hand, offers strength and load-bearing capacity, making them ideal for heavy-duty applications. Consumers must understand the differences between these segments because they have an impact on tire performance, compatibility for different vehicle types, and choice in the Netherlands' diverse automotive market. Consumers can choose wisely when buying tires by being aware of these segments.

The Netherlands Tire Market – By Sales Channel

On basis of the sales channel, the Netherlands tire market is divided into Dealer/Exclusive Outlets and Online segments. The dealer/exclusive outlets section encompasses a sizable network of tire dealerships and authorized merchants around the nation, representing the classic brick-and-mortar retail landscape. Consumers looking for immediate accessibility, individualized attention, and in-person help continue to frequently choose this sector. In contrast, the Online category has been expanding consistently, which reflects the rising acceptance of e-commerce. With options for delivery and affordable prices, it gives customers the ease of researching and buying tires online.

The Netherlands Tire Market – By Demand Category

Based on demand category, the Netherlands tire market is divided into OEM and Replacement segments. The two primary channels for tire distribution and use in the nation are represented by these segments. The OEM segment entails the direct delivery of tires to automakers for first installation on brand-new automobiles. The aftermarket, in contrast, is where people and corporations buy tires to replace ones that have worn out or been damaged on current vehicles. This segmentation is essential for tire retailers and manufacturers to properly focus their goods and marketing initiatives within the Dutch market, meeting the needs of both the automobile industry and consumer demand for replacement tires.

Competitive Landscape

Netherlands tire market is fiercely competitive, with Apollo, Vredestein, Bridgestone Europe N.V./SA, Cooper Tire & Rubber, Goodyear Dunlop Tires Europe BV, Deldo Autobanden, Falken Tyre Europe, Michilin, BRISA Bridgestone Sabanci Tire Manufacturing and Trading, Sumitomo Rubber Industries, Toyo Tire & Rubber. The key strategies used by these market leaders are new product launches, mergers & acquisitions, and alliances. To grow their market share, these companies are also focusing on investing in innovations, collaborations, and expansions.

Recent Developments

  • In August 2022 - Bridgestone and AWS Announce Strategic Relationship Focused on Platform Development and Launching New Customer Solutions.

Scope of the Report

Attributes

Details

Years Considered

Historical Data – 2019–2022

Base Year – 2022

Estimated Year – 2023

Forecast Period – 2023–2029

Facts Covered

Revenue in USD Billion

Market Coverage

Netherlands

Product/ Service Segmentation

Vehicle Type, Types of Tire, Origin, Sales Channel, Demand Category

Key Players

Apollo, Vredestein, Bridgestone Europe N.V./SA, Cooper Tire & Rubber, Goodyear Dunlop Tires Europe BV, Deldo Autobanden, Falken Tyre Europe, Michilin, BRISA Bridgestone Sabanci Tire Manufacturing and Trading, Sumitomo Rubber Industries, Toyo Tire & Rubber

 

By Type of Vehicle

    • Passenger Cars

    • Light Commercial Vehicles (LCVs)

    • Medium and Heavy Commercial Vehicles (M&HCVs)

    • Off the Road (OTR) Vehicles

    • Two Wheelers

    • Three Wheelers

By Type of Tire

    • Radial

    • Bias

By Origin

    • Local Manufacturing

    • Imports

By Sales Channel

    • Dealer/Distributor

    • Online

    • Others

By Demand Category

    • OEM

    • Replacement

  1. Research Framework
    1. Research Objective
    2. Product Overview
    3. Market Segmentation
  2. Executive Summary
  3. The Netherlands Tire Market Insights
    1. Industry Value Chain Analysis
    2. DROC Analysis
      1. Growth Drivers
        1. Growing infrastructure development
        2. Government investment
      2. Restraints
        1. Import dependency
        2. Economic uncertainty
      3. Opportunities
        1. Local production
        2. Technological advancements
      4. Challenges
        1. Competition
        2. Economic slowdown
    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. The Netherlands Tire Market Overview
    1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Type of Vehicle
        1. Passenger Cars
        2. Light Commercial Vehicles (LCVs)
        3. Medium & Heavy Commercial Vehicles (M&HCVs)
        4. Off the Road (OTR) Vehicles
        5. Two Wheelers
        6. Three Wheelers
      2. By Type of Tire
        1. Radial
        2. Bias
      3. By Origin
        1. Local Manufacturing
        2. Imports
      4. By Sales Channel
        1. Dealer/Distributor
        2. Online
        3. Others
      5. By Demand Category
        1. OEM
        2. Replacement
  5. Competitive Landscape
    1. List of Key Players and Their Range
    2. The Netherlands Tire Company Market Share Analysis, 2022
    3. Competitive Benchmarking, By Operating Parameters
    4. Key Strategic Developments (Mergers, Acquisitions, Partnerships)
  6. Impact of Covid-19 on The Netherlands Tire Market Industry
  7. Company Profile (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook, SWOT Analysis)
    1. Apollo
    2. Vredestein
    3. Bridgestone Europe N.V./SA
    4. Cooper Tire & Rubber
    5. Goodyear Dunlop Tires Europe BV
    6. Deldo Autobanden
    7. Falken Tyre Europe
    8. Michilin
    9. BRISA Bridgestone Sabanci Tire Manufacturing and Trading
    10. Sumitomo Rubber Industries
    11. Toyo Tire & Rubber
    12. 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
    5. Assumption & Limitation

*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       The Netherlands Tire Market Segmentation

Figure 2       The Netherlands Tire Market Value Chain Analysis

Figure 3       Company Market Share Analysis, 2022

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

Figure 5       The Netherlands Tire Market Share, By Type of Vehicle, By Value, 2019–2029

Figure 6       The Netherlands Tire Market Share, By Type of Tire, By Value, 2019–2029

Figure 7       The Netherlands Tire Market Share, By Origin, By Value, 2019–2029

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

Figure 9       The Netherlands Tire Market Share, By Demand Category, By Value, 2019–2029

 

List of Tables      

 

Table 1        The Netherlands Tire Market Share, By Type of Vehicle, By Value, 2019–2029

Table 2        The Netherlands Tire Market Share, By Type of Tire, By Value, 2019–2029

Table 3        The Netherlands Tire Market Share, By Origin, By Value, 2019–2029

Table 4        The Netherlands Tire Market Share, By Sales Channel, By Value, 2019–2029

Table 5        The Netherlands Tire Market Share, By Demand Category, By Value, 2019–2029

Table 6        Apollo Company Overview

Table 7        Apollo Financial Overview

Table 8        Vredestein Company Overview

Table 9        Vredestein Financial Overview

Table 10      Bridgestone Europe N.V./SA Company Overview

Table 11      Bridgestone Europe N.V./SA Financial Overview

Table 12      Cooper Tire & Rubber Company Overview

Table 13      Cooper Tire & Rubber Financial Overview

Table 14      Goodyear Dunlop Tires Europe BV Company Overview

Table 15      Goodyear Dunlop Tires Europe BV Financial Overview

Table 16      Deldo Autobanden Company Overview

Table 17      Deldo Autobanden Financial Overview

Table 18      Falken Tyre Europe Company Overview

Table 19      Falken Tyre Europe Financial Overview

Table 20      Michilin Company Overview

Table 21      Michilin Financial Overview

Table 22      BRISA Bridgestone Sabanci Tire Manufacturing and Trading Company Overview

Table 23      BRISA Bridgestone Sabanci Tire Manufacturing and Trading Financial Overview

Table 24      Sumitomo Rubber Industries Company Overview

Table 25      Sumitomo Rubber Industries Financial Overview

Table 26      Toyo Tire & Rubber Company Overview

Table 27      Toyo Tire & Rubber Financial Overview

Market Segmentation

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No data available

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Frequently Asked Questions (FAQs):

Ans: The Netherlands Tire Market size was estimated at USD 2,628.25 million in 2022.
Ans: Major factors driving the growth of the Netherlands Tire Market include economic growth, vehicle sales, consumer preferences for all-season and winter tires due to varying weather conditions, government regulations promoting fuel efficiency and safety, and increasing environmental awareness driving demand for eco-friendly tire options.
Ans: Key players in the Netherlands Tire Market include Apollo, Vredestein, Bridgestone Europe N.V./SA, Cooper Tire & Rubber, Goodyear Dunlop Tires Europe BV, Deldo Autobanden, Falken Tyre Europe, Michilin, BRISA Bridgestone Sabanci Tire Manufacturing and Trading, Sumitomo Rubber Industries, and Toyo Tire & Rubber.
Ans: The passenger cars segment accounts for the highest market share in Netherlands Tire Market.
Ans: The Netherlands Tire Market is expected to grow at a CAGR of 8.49% during the forecast period between 2023 and 2029.
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