UAE Tire Market By Vehicle Type (Passenger Car, Light Commercial Vehicle, Medium & Heavy Commercial Vehicle, Two Wheelers, OTR), By Tire Construction (Radial, Bias), By Demand Category (OEM, Replacement), By Region, Competition, Forecast & Opportunities, 2020-2030F
UAE Tire Market was valued at USD 308.1 million in 2024 and is anticipated to reach USD 455.2 million by 2030, growing in the forecast period with a CAGR of 6.82%. Market is experiencing substantial growth, driven by a variety of factors including the rising number of vehicles on the road, increased consumer demand for high-performance tires, and technological advancements in tire manufacturing. With a growing automotive industry and increasing disposable incomes, the need for quality tires has risen in line with the growing focus on vehicle safety and efficiency. Consumers are becoming more discerning about tire quality, often seeking products that offer better fuel efficiency, longer lifespan, and superior performance. Tire manufacturers are responding to these demands by investing in research and development to create innovative solutions that meet these evolving requirements.
Key Market Drivers
Growth in Vehicle Sales
The rising number of vehicle sales in the UAE has significantly contributed to the growing demand for tires. As the automotive market expands, more consumers are purchasing vehicles, which increases the need for replacement tires. Increased disposable income, a growing middle class, and the popularity of both personal and commercial vehicles are all key factors driving this growth. Vehicle owners are looking for high-quality tires that improve fuel efficiency, safety, and performance, which drives demand for more advanced tire technologies. The automotive sector’s expansion, combined with an increasing preference for premium tire brands, is projected to further fuel market growth in the coming years. With more vehicles on the road, the frequency of tire replacement also increases, supporting steady market demand.
Key Market Challenges
Intense Price Competition
The competitive nature of the tire market in the UAE often results in significant price fluctuations. Price sensitivity among consumers leads to intense competition among manufacturers and retailers. Many companies try to offer tires at lower prices to capture a larger share of the market, which can sometimes lead to a reduction in product quality. The pressure to reduce prices without sacrificing quality can challenge tire manufacturers, particularly in a market that demands higher quality and durability. This competition forces companies to constantly innovate while managing production costs and maintaining profit margins.
Key Market Trends
Shift Toward Smart Tires
The tire market is increasingly witnessing the adoption of smart tire technologies. These tires are equipped with sensors that monitor critical parameters like tire pressure, temperature, and tread wear in real-time. By providing users with data on the condition of their tires, smart tires help prevent accidents and ensure optimal vehicle performance. The growing demand for smart tire systems is pushing manufacturers to invest heavily in this technology. In the long run, smart tires are expected to become a standard feature in vehicles, particularly in high-end and commercial vehicles, creating significant opportunities for manufacturers to capture new market segments.
Key Market Players
In this report, the UAE Tire Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Company Profiles: Detailed analysis of the major companies present in the UAE Tire Market.
Available Customizations:
UAE Tire Market report 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
Key Market Drivers
Growth in Vehicle Sales
The rising number of vehicle sales in the UAE has significantly contributed to the growing demand for tires. As the automotive market expands, more consumers are purchasing vehicles, which increases the need for replacement tires. Increased disposable income, a growing middle class, and the popularity of both personal and commercial vehicles are all key factors driving this growth. Vehicle owners are looking for high-quality tires that improve fuel efficiency, safety, and performance, which drives demand for more advanced tire technologies. The automotive sector’s expansion, combined with an increasing preference for premium tire brands, is projected to further fuel market growth in the coming years. With more vehicles on the road, the frequency of tire replacement also increases, supporting steady market demand.
Key Market Challenges
Intense Price Competition
The competitive nature of the tire market in the UAE often results in significant price fluctuations. Price sensitivity among consumers leads to intense competition among manufacturers and retailers. Many companies try to offer tires at lower prices to capture a larger share of the market, which can sometimes lead to a reduction in product quality. The pressure to reduce prices without sacrificing quality can challenge tire manufacturers, particularly in a market that demands higher quality and durability. This competition forces companies to constantly innovate while managing production costs and maintaining profit margins.
Key Market Trends
Shift Toward Smart Tires
The tire market is increasingly witnessing the adoption of smart tire technologies. These tires are equipped with sensors that monitor critical parameters like tire pressure, temperature, and tread wear in real-time. By providing users with data on the condition of their tires, smart tires help prevent accidents and ensure optimal vehicle performance. The growing demand for smart tire systems is pushing manufacturers to invest heavily in this technology. In the long run, smart tires are expected to become a standard feature in vehicles, particularly in high-end and commercial vehicles, creating significant opportunities for manufacturers to capture new market segments.
Key Market Players
- Apollo Tyres Limited
- Bridgestone Corporation
- CEAT Limited
- Continental AG
- JK Tyre & Industries Limited
- Michelin
- MRF Limited
- The Goodyear Tire & Rubber Company
- Pirelli & C. S.p.A.
- Yokohama Rubber Company Limited
In this report, the UAE Tire Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
- UAE Tire Market, By Vehicle Type:
- Passenger Car
- Light Commercial Vehicle (LCV)
- Medium & Heavy Commercial Vehicles (M&HCV)
- Off-the-Road Vehicles (OTR)
- Two-Wheeler
- UAE Tire Market, By Tire Construction:
- Radial
- Bias
- UAE Tire Market, By Demand Category:
- OEM
- Replacement
- UAE Tire Market, By Region:
- Abu Dhabi
- Dubai
- Sharjah
- Rest of UAE
Company Profiles: Detailed analysis of the major companies present in the UAE Tire Market.
Available Customizations:
UAE Tire Market report 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).
1. INTRODUCTION
1.1. Product Overview
1.2. Key Highlights of the Report
1.3. Market Coverage
1.4. Market Segments Covered
1.5. Research Tenure Considered
2. RESEARCH METHODOLOGY
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
3. EXECUTIVE SUMMARY
3.1. Market Overview
3.2. Market Forecast
3.3. Key Regions
3.4. Key Segments
4. IMPACT OF COVID-19 ON UAE TIRE MARKET
5. VOICE OF CUSTOMER
5.1. Factors Influencing Purchase Decision
5.2. Brand Awareness
5.3. Brand Satisfaction Level
6. UAE TIRE MARKET OUTLOOK
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Vehicle Type Market Share Analysis (Passenger Car, Light Commercial Vehicle (LCV), Medium & Heavy Commercial Vehicles (M&HCV), Off-the-Road Vehicles (OTR), Two-Wheeler)
6.2.2. By Demand Category Market Share Analysis (OEM Vs. Replacement)
6.2.3. By Tire Construction Market Share Analysis (Radial Vs Bias)
6.2.4. By Regional Market Share Analysis
6.2.4.1. Abu Dhabi Market Share Analysis
6.2.4.2. Dubai Market Share Analysis
6.2.4.3. Sharjah Market Share Analysis
6.2.4.4. Rest of UAE Market Share Analysis
6.2.5. By Company Market Share Analysis (Top 5 Companies, Others – By Value, 2024)
6.3. UAE Tire Market Mapping & Opportunity Assessment
6.3.1. By Vehicle Type Market Mapping & Opportunity Assessment
6.3.2. By Demand Category Market Mapping & Opportunity Assessment
6.3.3. By Tire Construction Type Market Mapping & Opportunity Assessment
6.3.4. By Regional Market Mapping & Opportunity Assessment
7. UAE PASSENGER CAR TIRE MARKET OUTLOOK
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Demand Category Market Share Analysis
7.2.2. By Tire Construction Market Share Analysis
8. UAE LIGHT COMMERCIAL VEHICLE TIRE MARKET OUTLOOK
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Demand Category Market Share Analysis
8.2.2. By Tire Construction Market Share Analysis
9. UAE MEDIUM & HEAVY COMMERCIAL VEHICLES TIRE MARKET OUTLOOK
9.1. Market Size & Forecast
9.1.1. By Value & Volume
9.2. Market Share & Forecast
9.2.1. By Demand Category Market Share Analysis
9.2.2. By Tire Construction Market Share Analysis
10. UAE OFF-THE-ROAD VEHICLES TIRE MARKET OUTLOOK
10.1. Market Size & Forecast
10.1.1. By Value & Volume
10.2. Market Share & Forecast
10.2.1. By Demand Category Market Share Analysis
10.2.2. By Tire Construction Market Share Analysis
11. UAE TWO-WHEELER TIRE MARKET OUTLOOK
11.1. Market Size & Forecast
11.1.1. By Value & Volume
11.2. Market Share & Forecast
11.2.1. By Demand Category Market Share Analysis
11.2.2. By Tire Construction Market Share Analysis
12. MARKET DYNAMICS
12.1. Market Drivers
12.2. Market Challenges
13. MARKET TRENDS & DEVELOPMENTS
14. SWOT ANALYSIS
14.1. Strength
14.2. Weakness
14.3. Opportunities
14.4. Threats
15. PORTER’S FIVE FORCES MODEL
15.1. Competitive Rivalry
15.2. Bargaining Powers of Suppliers
15.3. Bargaining Powers of Buyers
15.4. Threat of New Entrants
15.5. Threat of Substitutes
16. POLICY & REGULATORY LANDSCAPE
17. UAE ECONOMIC PROFILES
18. COMPETITIVE LANDSCAPE
18.1. Company Profiles (Up to 10 Major Companies)
18.1.1. Apollo Tyres Limited
18.1.1.1. Company Details
18.1.1.2. Key Products Offered
18.1.1.3. Recent Development
18.1.1.4. Key Management Personnel
18.1.2. Bridgestone Corporation
18.1.2.1. Company Details
18.1.2.2. Key Products Offered
18.1.2.3. Recent Development
18.1.2.4. Key Management Personnel
18.1.3. CEAT Limited
18.1.3.1. Company Details
18.1.3.2. Key Products Offered
18.1.3.3. Recent Development
18.1.3.4. Key Management Personnel
18.1.4. Continental AG
18.1.4.1. Company Details
18.1.4.2. Key Products Offered
18.1.4.3. Recent Development
18.1.4.4. Key Management Personnel
18.1.5. JK Tyre & Industries Limited
18.1.5.1. Company Details
18.1.5.2. Key Products Offered
18.1.5.3. Recent Development
18.1.5.4. Key Management Personnel
18.1.6. Michelin
18.1.6.1. Company Details
18.1.6.2. Key Products Offered
18.1.6.3. Recent Development
18.1.6.4. Key Management Personnel
18.1.7. MRF Limited
18.1.7.1. Company Details
18.1.7.2. Key Products Offered
18.1.7.3. Recent Development
18.1.7.4. Key Management Personnel
18.1.8. The Goodyear Tire & Rubber Company
18.1.8.1. Company Details
18.1.8.2. Key Products Offered
18.1.8.3. Recent Development
18.1.8.4. Key Management Personnel
18.1.9. Pirelli & C. S.p.A.
18.1.9.1. Company Details
18.1.9.2. Key Products Offered
18.1.9.3. Recent Development
18.1.9.4. Key Management Personnel
18.1.10. Yokohama Rubber Company Limited
18.1.10.1. Company Details
18.1.10.2. Key Products Offered
18.1.10.3. Recent Development
18.1.10.4. Key Management Personnel
19. STRATEGIC RECOMMENDATIONS
19.1. Key Focus Areas
19.1.1. Target Regions
19.1.2. Target Vehicle Type
19.1.3. Target Demand Category
20. ABOUT US & DISCLAIMER
1.1. Product Overview
1.2. Key Highlights of the Report
1.3. Market Coverage
1.4. Market Segments Covered
1.5. Research Tenure Considered
2. RESEARCH METHODOLOGY
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
3. EXECUTIVE SUMMARY
3.1. Market Overview
3.2. Market Forecast
3.3. Key Regions
3.4. Key Segments
4. IMPACT OF COVID-19 ON UAE TIRE MARKET
5. VOICE OF CUSTOMER
5.1. Factors Influencing Purchase Decision
5.2. Brand Awareness
5.3. Brand Satisfaction Level
6. UAE TIRE MARKET OUTLOOK
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Vehicle Type Market Share Analysis (Passenger Car, Light Commercial Vehicle (LCV), Medium & Heavy Commercial Vehicles (M&HCV), Off-the-Road Vehicles (OTR), Two-Wheeler)
6.2.2. By Demand Category Market Share Analysis (OEM Vs. Replacement)
6.2.3. By Tire Construction Market Share Analysis (Radial Vs Bias)
6.2.4. By Regional Market Share Analysis
6.2.4.1. Abu Dhabi Market Share Analysis
6.2.4.2. Dubai Market Share Analysis
6.2.4.3. Sharjah Market Share Analysis
6.2.4.4. Rest of UAE Market Share Analysis
6.2.5. By Company Market Share Analysis (Top 5 Companies, Others – By Value, 2024)
6.3. UAE Tire Market Mapping & Opportunity Assessment
6.3.1. By Vehicle Type Market Mapping & Opportunity Assessment
6.3.2. By Demand Category Market Mapping & Opportunity Assessment
6.3.3. By Tire Construction Type Market Mapping & Opportunity Assessment
6.3.4. By Regional Market Mapping & Opportunity Assessment
7. UAE PASSENGER CAR TIRE MARKET OUTLOOK
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Demand Category Market Share Analysis
7.2.2. By Tire Construction Market Share Analysis
8. UAE LIGHT COMMERCIAL VEHICLE TIRE MARKET OUTLOOK
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Demand Category Market Share Analysis
8.2.2. By Tire Construction Market Share Analysis
9. UAE MEDIUM & HEAVY COMMERCIAL VEHICLES TIRE MARKET OUTLOOK
9.1. Market Size & Forecast
9.1.1. By Value & Volume
9.2. Market Share & Forecast
9.2.1. By Demand Category Market Share Analysis
9.2.2. By Tire Construction Market Share Analysis
10. UAE OFF-THE-ROAD VEHICLES TIRE MARKET OUTLOOK
10.1. Market Size & Forecast
10.1.1. By Value & Volume
10.2. Market Share & Forecast
10.2.1. By Demand Category Market Share Analysis
10.2.2. By Tire Construction Market Share Analysis
11. UAE TWO-WHEELER TIRE MARKET OUTLOOK
11.1. Market Size & Forecast
11.1.1. By Value & Volume
11.2. Market Share & Forecast
11.2.1. By Demand Category Market Share Analysis
11.2.2. By Tire Construction Market Share Analysis
12. MARKET DYNAMICS
12.1. Market Drivers
12.2. Market Challenges
13. MARKET TRENDS & DEVELOPMENTS
14. SWOT ANALYSIS
14.1. Strength
14.2. Weakness
14.3. Opportunities
14.4. Threats
15. PORTER’S FIVE FORCES MODEL
15.1. Competitive Rivalry
15.2. Bargaining Powers of Suppliers
15.3. Bargaining Powers of Buyers
15.4. Threat of New Entrants
15.5. Threat of Substitutes
16. POLICY & REGULATORY LANDSCAPE
17. UAE ECONOMIC PROFILES
18. COMPETITIVE LANDSCAPE
18.1. Company Profiles (Up to 10 Major Companies)
18.1.1. Apollo Tyres Limited
18.1.1.1. Company Details
18.1.1.2. Key Products Offered
18.1.1.3. Recent Development
18.1.1.4. Key Management Personnel
18.1.2. Bridgestone Corporation
18.1.2.1. Company Details
18.1.2.2. Key Products Offered
18.1.2.3. Recent Development
18.1.2.4. Key Management Personnel
18.1.3. CEAT Limited
18.1.3.1. Company Details
18.1.3.2. Key Products Offered
18.1.3.3. Recent Development
18.1.3.4. Key Management Personnel
18.1.4. Continental AG
18.1.4.1. Company Details
18.1.4.2. Key Products Offered
18.1.4.3. Recent Development
18.1.4.4. Key Management Personnel
18.1.5. JK Tyre & Industries Limited
18.1.5.1. Company Details
18.1.5.2. Key Products Offered
18.1.5.3. Recent Development
18.1.5.4. Key Management Personnel
18.1.6. Michelin
18.1.6.1. Company Details
18.1.6.2. Key Products Offered
18.1.6.3. Recent Development
18.1.6.4. Key Management Personnel
18.1.7. MRF Limited
18.1.7.1. Company Details
18.1.7.2. Key Products Offered
18.1.7.3. Recent Development
18.1.7.4. Key Management Personnel
18.1.8. The Goodyear Tire & Rubber Company
18.1.8.1. Company Details
18.1.8.2. Key Products Offered
18.1.8.3. Recent Development
18.1.8.4. Key Management Personnel
18.1.9. Pirelli & C. S.p.A.
18.1.9.1. Company Details
18.1.9.2. Key Products Offered
18.1.9.3. Recent Development
18.1.9.4. Key Management Personnel
18.1.10. Yokohama Rubber Company Limited
18.1.10.1. Company Details
18.1.10.2. Key Products Offered
18.1.10.3. Recent Development
18.1.10.4. Key Management Personnel
19. STRATEGIC RECOMMENDATIONS
19.1. Key Focus Areas
19.1.1. Target Regions
19.1.2. Target Vehicle Type
19.1.3. Target Demand Category
20. ABOUT US & DISCLAIMER
