Press Release

Russia Tire Market to Grow with a CAGR of 2.46% through 2030

Rising vehicle production, expanding replacement demand, and increasing infrastructure development are the factors driving the market in the forecast period 2026-2030.

 

According to TechSci Research report, “Russia Tire Market – Industry Size, Share, Trends, Opportunity, and Forecast, 2020-2030F”, The Russia Tire Market was valued at USD 6.83 Billion in 2024 and is expected to reach USD 7.91 Billion by 2030 with a CAGR of 2.46% during the forecast period.

The Russia tire market is evolving amidst significant shifts in supply chains, import dynamics, and consumer behavior. The departure of several global manufacturers opened market space for domestic producers and Asian brands, reshaping the competitive landscape. Growing interest in locally manufactured tires, supported by factory restarts and investments in production capacity, is helping stabilize supply amid fluctuating import volumes. The rise of e-commerce platforms is redefining tire retail, offering consumers wider access to various brands, price points, and service packages. Price sensitivity remains a key factor, driving demand for affordable tire options, especially in the replacement segment where cost-conscious buyers seek value-driven purchases. The introduction of new tire sizes to cater to an evolving vehicle fleet, including models imported from China, is influencing product offerings and distribution strategies. The market is also benefiting from regulatory compliance needs, such as mandatory winter tire usage, which supports seasonal demand spikes. Strategic partnerships between local distributors and foreign suppliers are enhancing market reach, while initiatives to localize raw material sourcing, including investments in technical carbon production, aim to reduce dependency on imports.

 

Browse over XX market data Figures spread through XX Pages and an in-depth TOC on "Russia Tire Market"

 

Russia Tire Market Is Segmented by Vehicle Type, Tyre Construction Type, Demand Category, and Region.

​In 2024, the replacement segment witnessed the fastest growth in the Russia tire market, supported by the continuous need for tire maintenance across both private and commercial vehicles. The demand surged as vehicle owners prioritized regular replacements to ensure performance, safety, and compliance with seasonal requirements, especially during winter months. The increase in vehicle usage across urban and regional roads heightened wear and tear, prompting more frequent tire changes. The rise of accessible sales channels such as retail outlets, workshops, and digital platforms simplified the replacement process for consumers. Competitive pricing strategies and promotional offers further encouraged timely purchases.

In 2024, the Volga area recorded the fastest growth in tire demand among the key Russian regions. Its strong industrial base, significant concentration of commercial transport, and a growing population of private vehicle owners fueled consistent market expansion. The region’s active manufacturing sector and extensive highway connectivity drove tire usage across freight and passenger vehicles, increasing replacement needs. The presence of commercial fleets operating on long routes led to higher tire wear rates, stimulating frequent purchases. Seasonal factors, especially winter conditions, supported steady demand for both summer and winter tires. The Volga area also benefited from a well-established network of tire distributors and service centers, ensuring convenient access to a wide range of products.

Major Market Players Operating in Russia Tire Market Are:

Bridgestone Corporation

Michelin Group

The Goodyear Tyres & Rubber Company

Continental AG

Pirelli & C. S.p.A.

Yokohama Rubber Company, Limited

Hankook Tyres & Technology Co., Ltd.

Kumho Tyres Co., Inc.

Sumitomo Rubber Industries, Ltd.

Toyo Tyres Corporation

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“The Russia tire market is going through a fascinating phase. What we’re seeing is a realignment of supply chains, with domestic manufacturers ramping up production and Chinese brands filling gaps left by global players. The replacement segment is driving momentum as consumers become more aware of tire performance, safety, and seasonal needs. It’s interesting how factors like shifting vehicle preferences and the rise of online tire sales are reshaping buying behavior. The market isn’t just recovering   it’s adapting, and that flexibility is what’s keeping it active despite the broader economic challenges.”, said Mr. Karan Chechi, Research Director of TechSci Research, a research-based global management consulting firm.

“Russia Tire Market – Size, Share, Trends, Opportunity, and Forecast, Segmented By Vehicle Type (Passenger Car, Commercial Vehicle, Two-Wheelers), By Tire Construction Type (Radial, Bias), By Demand Category (OEM, Replacement), By Region, By Competition, 2020-2030F”, assesses the market's future growth potential and provides data on market size, trends, and forecasts. It aims to offer comprehensive market insights, helping decision-makers make informed investment choices. The report also highlights emerging trends, key drivers, challenges, and opportunities in the Russia Tire Market.

 

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Russia Tire Market – Size, Share, Trends, Opportunity, and Forecast, Segmented By Vehicle Type (Passenger Car, Commercial Vehicle, Two-Wheelers), By Tire Construction Type (Radial, Bias), By Demand Category (OEM, Replacement), By Region, By Competition, 2020-2030F

Automotive | Jul, 2025

Rising vehicle production, expanding replacement demand, and increasing infrastructure development are the factors driving the market in the forecast period 2026-2030.

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