Press Release

Tire Market to Grow with a CAGR of 3.19% in United Kingdom through to 2028

The United Kingdom Tire Market is primarily driven by the ongoing growth in vehicle ownership and usage, resulting in sustained demand for tires, both in terms of replacements and aftermarket sales. Additionally, heightened awareness of safety and environmental concerns among consumers has led to an increased preference for tires with advanced features, including improved wet grip and lower rolling resistance, aligning with sustainability and safety priorities.  


According to TechSci Research report, “United Kingdom Tire Market - Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028”, the United Kingdom Tire Market stood at USD 3.06 Billion in 2022 and is anticipated to grow with a CAGR of 3.19% in the forecast period, 2024-2028. Several key drivers are propelling the growth of the tire market in the United Kingdom. Firstly, increased car ownership driven by rising personal income levels is leading to higher demand for tires. As more people can afford to own cars, the need for reliable and durable tires becomes increasingly important. Additionally, advancements in tire technologies are introducing more efficient and longer-lasting tires to the market, which appeals not only to environmentally-conscious consumers but also to those seeking cost-effective solutions.

These advancements include the use of innovative materials such as silica-infused compounds and reinforced steel belts, as well as advanced manufacturing processes like computer-aided design and precision engineering. These technological improvements contribute to enhanced tire performance, providing better fuel efficiency, improved handling, and reduced road noise.

Moreover, the tire industry has been actively embracing sustainable practices. Manufacturers are adopting eco-friendly materials and production methods, such as using renewable resources and minimizing waste generation. This commitment to sustainability resonates with consumers who prioritize environmentally-conscious choices and promotes a greener future for the automotive industry.

Lastly, regulations mandating the use of winter tires during certain parts of the year further stimulate the tire market. This requirement ensures better safety and traction on icy or snowy roads, encouraging consumers to invest in seasonal tires. Additionally, the tire industry continues to innovate in this area, developing specialized winter tire technologies that provide superior grip and performance in harsh winter conditions.

Overall, these factors contribute to a thriving tire market in the United Kingdom, catering to the diverse needs and preferences of car owners while also promoting safety, sustainability, and technological advancements on the roads.


Browse over 26 market data Figures spread through 91 Pages and an in-depth TOC on "United Kingdom Tire Market 


The United Kingdom's tire market holds a significant position within the nation's automotive industry. It encompasses a wide variety of tire types, including those designed for passenger cars, commercial vehicles, and specialized applications. What characterizes this market is its diversity, featuring a mix of tire brands and manufacturers, both domestic and international. These entities actively compete to meet the diverse demands of UK consumers. Notable players in the UK tire market include industry giants like Bridgestone, Michelin, Goodyear, Pirelli, and Continental, each exerting considerable influence on the market's overall dynamics and performance.

Several prominent trends are shaping the landscape of the UK tire market. Firstly, there's a noticeable surge in the demand for eco-friendly tires, driven by growing environmental consciousness and stringent regulations aimed at curbing carbon emissions. These eco-friendly tires, often referred to as low-rolling-resistance tires, are engineered with advanced materials and tread designs to enhance fuel efficiency, aligning with the mounting emphasis on sustainability in tire manufacturing.

Another noteworthy trend is the increasing adoption of all-season tires among consumers. These tires are prized for their versatility and cost-effectiveness, as they perform reliably across various weather conditions, obviating the need for seasonal tire changes. Given the UK's frequently unpredictable weather patterns, this trend has gained significant traction.

Furthermore, the digital transformation has ushered in a new era for tire retail in the UK. E-commerce has gained substantial popularity, driven by consumers seeking the convenience of researching, comparing, and purchasing tires online. To meet this growing demand, tire retailers have substantially bolstered their online presence, often offering virtual tire buying guides and tools to assist customers in making informed decisions.

The rise of electric vehicles (EVs) is another trend influencing the UK tire market. EVs possess distinct performance characteristics compared to traditional internal combustion engine vehicles, necessitating specialized tires designed to cater to their unique requirements. These specialized tires often feature higher load capacity and reduced rolling resistance to maximize the range of electric vehicles.

Sustainability is a pervasive concern impacting both tire production and recycling. Manufacturers are actively exploring sustainable materials and eco-friendly manufacturing processes to reduce their environmental footprint. This shift toward sustainability is mirrored in consumer preferences, as many consumers increasingly gravitate toward tire brands that exhibit environmentally responsible practices.

Despite the market's vibrancy, the UK tire industry faces its share of challenges. The COVID-19 pandemic laid bare vulnerabilities within global supply chains, impacting the availability of tires in the UK market. Consequently, supply chain resilience has emerged as a critical consideration for manufacturers and retailers, prompting them to implement strategies aimed at mitigating the impact of future disruptions.

Ongoing regulatory changes, particularly those related to emissions, safety standards, and labeling requirements, can significantly affect tire manufacturers and distributors. Navigating these changes necessitates constant adaptation to remain compliant and competitive.

Intense competition is a constant factor within the tire market. This competition poses challenges in areas such as pricing, product differentiation, and brand positioning. Manufacturers and retailers must continually innovate and differentiate themselves to thrive in this highly competitive landscape.

The future of the United Kingdom's tire market appears marked by ongoing evolution. This evolution will be shaped by shifting consumer preferences, continued technological advancements, and heightened environmental awareness. The growing adoption of electric vehicles is expected to stimulate demand for specialized tires designed to meet the unique needs of EVs. Furthermore, the enduring trends of eco-friendliness and sustainability are anticipated to persist, exerting a continued influence on tire manufacturing and consumer choices.

The digital transformation of the industry is projected to deepen, with online tire sales becoming increasingly prevalent. In this dynamic and competitive market, tire manufacturers and retailers will need to prioritize innovation, sustainability, and supply chain resilience. Staying attuned to evolving consumer expectations and regulatory developments will be pivotal for long-term success in the UK tire market.


Major companies operating in United Kingdom Tire Market are:

  • Bridgestone Corporation
  • Continental AG
  • Goodyear Tire & Rubber Company
  • Sumitomo Rubber Industries Ltd
  • Michelin Group
  • Pirelli & C. S.p.A.
  • Yokohama Rubber Company Limited
  • Kumho Tire Co. Inc. 


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“Several key drivers are propelling the growth of the tire market in the United Kingdom. Firstly, increased car ownership driven by rising personal income levels is leading to higher demand for tires. Additionally, advancements in tire technologies are introducing more efficient and longer-lasting tires to the market, which appeals to environmentally-conscious consumers. Lastly, regulations mandating the use of winter tires during certain parts of the year further stimulate the tire market.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

United Kingdom Tire Market United Kingdom Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented Market By Vehicle Type (Passenger Car Light Commercial Vehicle, Medium & Heavy Commercial Vehicle, Two Wheelers, Three Wheelers, OTR), By Tire Construction Type (Radial, Bias), By Demand Category Type (OEM, Replacement), By Region, Competition”, has evaluated the future growth potential of United Kingdom Tire Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in United Kingdom Tire Market.      


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United Kingdom Tire Market By Vehicle Type (Passenger Car, Light Commercial Vehicle, Medium & Heavy Commercial Vehicle, Two Wheelers, Three Wheelers, OTR), By Tire Construction Type (Radial, Bias), By Demand Category Type (OEM, Replacement), By Region, Competition, Forecast & Opportunities, 2018-2028

Automotive | Nov, 2023

The United Kingdom Tire Market is primarily driven by the ongoing growth in vehicle ownership and usage, resulting in sustained demand for tires, both in terms of replacements and aftermarket sales. Additionally, heightened awareness of safety and environmental concerns among consumers has led to an increased preference for tires with advanced features, including improved wet grip and lower rolling resistance, aligning with sustainability and safety priorities.

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