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Report Description

Report Description

Forecast Period

2026-2030

Market Size (2024)

USD 158.54 Million

CAGR (2025-2030)

9.34%

Fastest Growing Segment

Passenger Cars

Largest Market

Muscat

Market Size (2030)

USD 270.91 Million


Market Overview:

The Oman Tire Market was valued at USD 158.54 Million in 2024 and is expected to reach USD 270.91 Million by 2030 with a CAGR of 9.34% during the forecast period. The Oman tire market is witnessing steady growth, driven by a combination of increasing vehicle fleet size, rising consumer awareness regarding vehicle maintenance, and a consistent need for replacement tires. As the number of personal and commercial vehicles continues to grow, so does the demand for tire replacement cycles, which are influenced by road conditions and usage intensity. Consumers are also becoming more conscious of tire safety, performance, and fuel efficiency, which encourages them to invest in high-quality and branded tires. This shift in consumer behavior is prompting tire manufacturers and retailers to expand their product offerings across segments such as passenger vehicles, commercial trucks, and two-wheelers. For instance, Oman's private consumption expenditure reached a record high of USD 40.069 billion in December 2023, marking a significant increase from USD 37.648 billion in December 2022. This growth reflects rising consumer confidence and spending power, as the country continues to recover and expand economically. The latest figures highlight a steady upward trend from the historical low of USD 2.675 billion in 1980, with private consumption playing a crucial role in driving the nation’s economic progress.

A notable trend shaping the market is the rise of digital tire retail platforms and the emergence of e-commerce solutions that cater to both urban and semi-urban consumers. Buyers are seeking convenience and transparency in pricing, availability, and installation services, which is accelerating the adoption of online tire sales. Innovation in tire technology is also making a mark, with a growing interest in products that offer better grip, longer durability, and lower rolling resistance. Furthermore, there is a clear shift toward segment-specific tires, with specialized products designed for off-road, desert, and high-temperature conditions gaining traction. These developments reflect a market that is maturing beyond basic functionality and embracing performance-focused choices.

Despite the positive outlook, the market faces several challenges that could restrain its pace. Price volatility in raw materials such as rubber and synthetic compounds puts pressure on tire manufacturers and can lead to fluctuations in retail prices. There is also a strong presence of low-cost, unbranded, or imported tires that disrupt pricing structures and create concerns around product quality and safety. Import regulations, fluctuating duties, and logistical inefficiencies further complicate the business environment for tire distributors and wholesalers. Market players need to navigate these obstacles while also investing in brand differentiation, aftersales support, and inventory optimization to sustain growth in a competitive landscape.

Market Drivers

Growing Vehicle Fleet Expansion

An expanding vehicle fleet contributes significantly to rising tire demand across passenger cars, commercial vehicles, and two-wheelers. As more individuals and businesses invest in automobiles for personal use, logistics, and transportation services, the frequency of tire replacements and maintenance cycles increases. Vehicles in operation undergo natural tire wear due to mileage accumulation, heat exposure, and terrain variability. The cumulative effect of routine driving generates consistent aftermarket demand, particularly in urban zones and highways. Replacement cycles are shorter for commercial fleets subjected to heavy use, requiring frequent tire rotation or renewal. Market dynamics further benefit from growing interest in owning multiple vehicles per household, prompting cumulative tire consumption per consumer. Industrial growth and expansion in sectors like construction and logistics elevate the movement of goods and people, reinforcing the need for well-maintained, high-performance tires. Fleet operators are particularly focused on fuel efficiency and reliability, aligning with the adoption of branded or specialized tires that cater to load-bearing capacity and road endurance. The rising number of vehicles in service ensures a non-linear yet predictable trajectory of tire replacement demand, making this one of the most dependable long-term growth drivers. For instance, Oman’s new light vehicle market surged by 13% year-on-year in 2024, reaching 65,980 units sold, with Toyota commanding a dominant 52.6% market share. This sharp rise in vehicle registrations led by high-performing models like the Toyota Land Cruiser (+63.6%) and Hilux (+46.2%) signals a direct boost in replacement and OEM tire demand across the country. As automakers like Isuzu and Jetour also gain momentum with significant sales jumps, the expanding vehicle base is intensifying pressure on the tire industry to meet growing demands for diverse sizes, improved durability, and consistent supply, particularly for SUV and pickup truck segments dominating the charts.

Consumer Preference for Branded and Premium Tires

Consumer behavior is evolving in favor of premium tire brands known for performance, durability, and fuel efficiency. A growing segment of vehicle owners is shifting away from budget or unbranded tires in pursuit of safer and more efficient driving experiences. This transformation is not just cosmetic; it stems from increased awareness of the technical attributes of high-quality tires such as grip, rolling resistance, braking distance, and tread life. Brand recognition, warranty coverage, and aftersales support further drive consumer loyalty, resulting in repeated purchases and referrals. This brand-focused trend is especially prevalent among SUV and sedan owners who prioritize vehicle performance across diverse terrains. Product innovations in tire structure, rubber compounds, and tread designs make premium options more attractive due to their ability to enhance handling and minimize wear. Consumers are now more willing to pay a higher upfront cost for long-term savings on fuel and maintenance. This preference shapes procurement patterns at both retail and fleet levels, pushing tire importers and distributors to stock more internationally reputed brands. Premium tire adoption indirectly elevates market value and reshapes competition, giving established players a definitive edge in positioning and profitability.

Expansion of Tire Retail and Service Networks

The rise of organized tire retail networks and service centers plays a pivotal role in driving market accessibility and visibility. Modernized outlets offering a wide selection of tire brands, sizes, and types contribute to a more transparent and reliable purchase process. These networks provide end-to-end services including installation, alignment, rotation, and digital diagnostics, enhancing customer satisfaction and loyalty. Professional service centers are equipped with calibrated machinery and trained technicians, offering standardized care that encourages routine tire checks and proactive replacements. Tire retailers are also forming partnerships with automobile service workshops to offer bundled deals, which increases footfall and cross-selling opportunities. Accessibility of retail points across highways and city outskirts ensures that consumers in both high-traffic and less-central areas have timely access to tire solutions. Some networks also incorporate mobile service vans and online booking platforms to offer on-demand tire services, bridging logistical gaps for commercial fleets and individual car owners. Organized retail outlets simplify the complexity of tire buying by providing consultations based on vehicle type, usage habits, and road conditions. Their expansion contributes to higher customer trust, faster product movement, and increased adoption of value-added services that elevate the overall market growth.

Digitization of Tire Sales and Services

The digital transformation of tire retail is reshaping the buying experience for both consumers and commercial operators. E-commerce platforms, mobile apps, and online service aggregators provide easy access to tire specifications, availability, and comparative pricing. These platforms simplify product selection based on vehicle type, usage habits, and budget constraints, encouraging informed decision-making. Customers can now browse by tread design, seasonal performance, or fuel-saving features, with added filters for brand, warranty, and size. Online bookings for tire installation, alignment, and balancing services further enhance convenience, often bundled with door-to-door delivery and mobile technician visits. Digital channels also foster brand transparency, with user reviews, professional ratings, and product guides building trust. The availability of flash sales, promotional discounts, and loyalty rewards drives repeat purchases and higher conversion rates. On the backend, digitization improves inventory management for retailers and suppliers, reducing stockouts and enabling real-time restocking. Cloud-based analytics and demand forecasting tools empower vendors to fine-tune product mixes based on local preferences. Digitization not only modernizes the customer journey but also optimizes the supply chain, increasing reach and profitability across the tire ecosystem.

Growth in Aftermarket and Fleet Maintenance Contracts

The aftermarket is experiencing a surge in structured maintenance contracts, especially from corporate and logistics fleets aiming to control operating costs and ensure safety. These contracts encompass routine tire checks, replacements, alignments, and performance assessments on a subscription or per-vehicle basis. Maintenance agreements encourage timely replacements and discourage unsafe usage beyond tire life cycles. Fleet operators value the predictability and cost control that comes with service-level agreements, while tire providers benefit from assured demand and streamlined supply planning. These contracts also reduce downtime for commercial vehicles, maximizing fleet utilization and improving delivery timelines. Predictive maintenance enabled by wear-tracking technology is becoming integral to these packages, alerting fleet managers to upcoming replacements before tire failure occurs. Regular tire upkeep enhances fuel efficiency, reduces carbon emissions, and prevents breakdowns. The growing professionalism in fleet management across industries such as logistics, transportation, and construction reinforces structured partnerships with tire service providers. This evolving model transforms tire sales into a service-oriented business, offering consistent revenue streams and deeper customer relationships.

Oman Tire Market

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Key Market Challenges

Intense Competition from Low-Cost and Unbranded Tires

The influx of low-cost, non-branded tire imports poses a significant challenge for organized players and premium tire manufacturers. These tires often undercut market pricing, appealing to price-sensitive consumers despite their inconsistent quality and safety performance. While budget-conscious buyers may view them as economically viable, the absence of standardized safety testing, warranty support, and regulated distribution undermines market integrity. The lower entry cost enables widespread penetration into semi-formal retail channels and roadside vendors, diminishing the competitive edge of established brands. For distributors and service centers advocating quality assurance, this influx disrupts value propositions and margin strategies. Consumers lured by cheaper alternatives may experience rapid wear, blowouts, or inefficient braking, which reflect poorly on the aftermarket if service providers are perceived to recommend or fit these products. Unbranded imports also complicate inventory categorization, product traceability, and recall mechanisms. Without proper oversight, this unstructured competition jeopardizes consumer trust and poses regulatory risks, ultimately impeding market maturity and long-term safety awareness.

Volatility in Raw Material Prices

Fluctuating prices of critical raw materials such as natural rubber, synthetic compounds, carbon black, and steel belts create cost uncertainties for tire manufacturers and importers. These inputs are globally traded and heavily influenced by supply disruptions, currency exchange rates, geopolitical tensions, and commodity demand from large economies. A sharp rise in raw material costs affects production expenses, forcing manufacturers to increase tire prices or compromise on features. For tire distributors operating in cost-sensitive markets, price hikes may result in reduced order volumes, delayed purchases, or consumer shifts toward cheaper alternatives. Moreover, frequent pricing adjustments weaken supplier-retailer coordination and challenge profitability forecasts. Smaller importers with limited bargaining power struggle to absorb price fluctuations or pass on costs to end users without losing market share. These challenges also ripple into procurement planning, causing hesitations in bulk stocking or long-term contracts. Persistent price volatility weakens the operational confidence of market players, creating cycles of demand compression, inventory shrinkage, and market instability.

Lack of Consumer Awareness on Tire Maintenance

Despite increasing motorization, many consumers still exhibit limited awareness about tire maintenance best practices. Factors such as tire pressure monitoring, rotation intervals, tread depth checks, and alignment services are often overlooked until a failure occurs. This behavior delays necessary replacements and compromises road safety. Inadequate education results in underinflated or worn-out tires being used beyond their safe lifespan, increasing accident risks and vehicle inefficiency. This mindset also leads to cost-driven decision-making that overlooks performance and durability, favoring lower-priced options that offer short-term value. The lack of awareness extends to tire labeling, where buyers may not understand the impact of fuel efficiency ratings, wet grip classifications, or noise levels. For tire retailers and workshops, this challenge necessitates constant customer education and explanation, slowing down the sales process and reducing conversion rates for premium offerings. Building widespread tire literacy requires coordinated efforts from manufacturers, dealers, transport authorities, and educational campaigns to shift behaviors toward proactive tire care.

Import Dependency and Tariff Vulnerability

The tire market's heavy reliance on imported brands and raw materials makes it susceptible to global trade disruptions and policy changes. Import dependency exposes the market to risks such as port delays, shipment backlogs, and regulatory clearance bottlenecks. Any imposition of higher tariffs, import quotas, or certification requirements could increase acquisition costs and reduce price competitiveness for dealers. Tariff-related volatility complicates long-term pricing models and makes tire cost forecasting difficult for fleet managers and wholesalers. Small distributors may struggle with compliance documentation and customs procedures, further increasing their operating costs. Political tensions or shipping route disruptions can stall product availability, resulting in stockouts or inflated prices. This uncertainty affects retailer-customer relationships and reduces consumer trust in product availability and pricing consistency. Import-centric supply chains also reduce the scope for domestic value addition or local assembly partnerships, limiting job creation and innovation opportunities. Diversifying sourcing strategies and building resilience through local assembly units could mitigate these risks.

Seasonal Demand Fluctuations

Tire demand patterns exhibit seasonality influenced by factors such as construction cycles, consumer travel trends, and peak logistics periods. These fluctuations create inventory planning challenges for suppliers, who must anticipate shifts in demand without overstocking. For example, tire usage may increase during travel-heavy months or commercial harvest seasons but drop significantly during off-peak periods. This cyclicality complicates warehouse management, cash flow allocation, and sales forecasts. Retailers may face issues such as product aging, storage costs, and unsold stock when demand contracts. Seasonal purchasing behavior also delays routine tire replacements, concentrating activity into short bursts that strain service capacities and workforce availability. Promotional campaigns lose effectiveness when seasonal timing is misaligned, leading to missed revenue opportunities. Effective demand forecasting and flexible inventory models are essential to stabilize operations across volatile sales cycles.

Key Market Trends

Growth of Online-to-Offline (O2O) Tire Models

Online-to-offline tire models are gaining momentum as hybrid strategies combine digital convenience with physical service execution. Consumers research and purchase tires online, then schedule installations at affiliated workshops or opt for mobile van services. This approach enhances trust by blending digital selection with professional, in-person fitting. Platforms often provide live availability, installation slots, and cost breakdowns, removing ambiguity from the buying process. O2O models enable better price transparency, offer curated recommendations, and increase customer engagement. Retailers benefit from reduced display space needs, while still converting sales through efficient logistics and localized service partnerships. The seamless transition from online intent to offline fulfillment strengthens brand recall and customer retention.

Adoption of Smart and Sustainable Tires

Tire innovation is advancing through smart technologies such as embedded sensors, wear indicators, and RFID chips that communicate real-time performance data. These technologies improve predictive maintenance and optimize fleet management. Simultaneously, sustainability is becoming a key focus, with eco-friendly tires made from recycled rubber, bio-oils, and low-emission compounds entering mainstream portfolios. Brands are marketing these tires based on their environmental impact, energy efficiency, and recyclability. These attributes resonate with conscientious buyers and fleet operators focused on ESG compliance and long-term savings.

Increased Focus on Specialty and Application-Specific Tires

Market segmentation is intensifying, with rising demand for application-specific tires tailored to niche uses such as off-roading, desert terrains, or high-performance driving. Buyers now seek tires optimized for their environment, vehicle category, or usage intensity. These include reinforced sidewalls, directional tread patterns, and compound formulations tailored to climate and terrain. Specialty tires support brand differentiation, customer loyalty, and higher margins for retailers while fulfilling evolving consumer expectations.

Integration of Tire-as-a-Service (TaaS) Business Models

Tire-as-a-Service models are emerging across commercial fleets and transport providers. These involve subscription-based tire management that includes regular replacements, performance tracking, and emergency services under a monthly or mileage-based fee. TaaS minimizes upfront capital expenditure while guaranteeing uptime, attracting businesses that prioritize operational continuity. Tire manufacturers and dealers offering these services create long-term client relationships and predictable revenue streams, transforming one-time sales into lifecycle management engagements.

Expansion of Multi-Brand Retail Chains and Franchises

Organized multi-brand tire outlets are growing rapidly, offering diverse inventories under a single roof with standardized pricing, digital billing, and bundled services. These outlets foster trust through transparent practices and service professionalism. Franchised formats also enable faster expansion into smaller towns and transport hubs. By combining scale with service quality, such networks boost consumer loyalty and offer a structured alternative to fragmented roadside shops.

Segmental Insights

Tire Construction Type Insights

In 2024, radial tires have emerged as the dominant segment within Oman’s tire market when segmented by tire construction type. This dominance is driven by a combination of performance attributes, consumer preferences, and market dynamics that increasingly favor radial tire adoption across various vehicle categories. Radial tires are constructed with steel belts running at a 90-degree angle to the tread line, which provides enhanced flexibility, better road contact, and improved traction. These characteristics contribute to superior fuel efficiency, longer tread life, and smoother driving experiences, which are highly valued by both private car owners and commercial fleet operators.

The durability of radial tires under high-speed conditions and their ability to dissipate heat more efficiently make them particularly well-suited for modern road infrastructure and vehicles that frequently travel at higher speeds. This technological advantage supports their widespread acceptance across passenger cars, light commercial vehicles, and heavy trucks. Radial tires also perform well under varying loads, maintaining consistent traction and stability, which aligns with the operational needs of logistics providers and transport fleets. These performance benefits, coupled with a lower total cost of ownership, have encouraged bulk procurement among fleet managers, further consolidating the segment’s dominance.

Retail outlets and service centers are witnessing increased consumer education about the lifecycle advantages of radial tires. Marketing efforts and peer influence are encouraging vehicle owners to opt for radials during replacement cycles, especially due to their capacity for longer mileage and lower rolling resistance. The rising availability of radial variants across all rim sizes and vehicle types has broadened accessibility, allowing consumers to transition away from traditional bias tire options. Price differences between bias and radial tires are narrowing, which removes a previous barrier to adoption and makes radial tires a more viable option for cost-conscious buyers.

Bias tires, while still in circulation for certain off-road or heavy-load applications, are increasingly confined to niche segments. These tires have a layered construction pattern that provides strength but compromises on ride comfort and heat management. As a result, their market presence is shrinking as consumer expectations shift toward performance, fuel savings, and safety. The consistent growth in the sales and fitment of radial tires across retail and fleet channels reflects a clear market tilt. With evolving road standards, changing user behavior, and performance awareness, radial tires have established themselves as the dominant construction type shaping the Oman tire market landscape in 2024.

Oman Tire Market

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Region Insights

In 2024, Muscat stands out as the dominant regional market in Oman’s tire industry, driven by its status as the country’s economic and transportation hub. The region’s high vehicle concentration, dense population, and advanced infrastructure have created consistent and diversified demand for tires across private, commercial, and industrial segments. Muscat accounts for a significant portion of the country’s registered vehicles, including passenger cars, light commercial vans, taxis, and logistics fleets. This strong vehicular presence leads to high replacement cycles and a steady demand for both new and aftermarket tire sales.

Urban development in Muscat has led to expanding road networks, business districts, and residential areas, which contribute to increased vehicular movement and tire wear. Consumers and fleet managers in Muscat prioritize tire performance, longevity, and service availability, driving higher adoption of premium and mid-tier tire brands with specifications tailored for city driving and highway usage. The availability of well-equipped service centers, tire showrooms, and multi-brand retail outlets across the city further supports the growth of this segment, ensuring customers have access to a wide range of products and technical assistance.

The demand for tires in Muscat is also fueled by commercial activity. The region houses numerous logistics companies, construction projects, and government vehicle fleets that require regular tire maintenance and replacement. This operational intensity results in frequent purchasing and structured fleet tire management practices. Demand from public transportation operators, such as buses and taxis, also contributes to volume growth due to the high mileage covered and need for reliable, wear-resistant tires.

Consumer awareness and digital access in Muscat are also more advanced compared to other regions, which enables a more informed purchasing process. Online-to-offline tire retailing has gained traction in Muscat, with vehicle owners often comparing prices, reading product reviews, and booking services online. This digital behavior accelerates sales cycles and increases market transparency, which attracts both premium and budget-conscious buyers.

Recent Developments

  • In 2023, Tinna Rubber & Infrastructure Ltd. is expanding in Oman by acquiring a majority stake in Global Recycle LLC, a tire recycling operation in Saham. The facility aims to recycle 10,000 tons annually, with plans to triple capacity in three years. Additionally, Tinna is investing $5 million in a new tire recycling facility near Mumbai, further solidifying its position as Asia's largest tire recycler. ​
  • In 2023, Oman has inaugurated its first tyre recycling plant in Saham, marking a significant step towards sustainable waste management. The facility, operated by Global Recycle LLC a subsidiary of India's Tinna Rubber & Infrastructure Limited aims to process 6,000 metric tonnes of discarded tyres annually. Equipped with advanced technology, the plant will transform waste tyres into valuable resources, contributing to the reduction of environmental impact and supporting Oman's commitment to sustainable development.
  • ​In 2025, Oman’s first domestically produced electric vehicle, the Mays Alive, has been launched by Mays Motors. With a range of 610 km per charge, the EV features AI technology, including a personal assistant and optional advertising system. Priced at USD 28,600 for businesses and USD 31,200 for individuals, the vehicle combines Chinese and German technology. Mays Motors plans to deliver 300-500 units by the end of the year, marking a key step in Oman's push for sustainable transportation.

Key Market Players

  • 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
  • BFGoodrich Tyres
  • Hankook Tire & Technology Co., Ltd.

 

By Vehicle Type

By Demand Category

By Tire Construction Type

By Region

  • Passenger Car
  • Two-Wheelers
  • Light Commercial Vehicles (LCV)
  • Medium & Heavy Commercial Vehicles (M&HCV)
  • OEM
  • Aftermarket
  • Radial
  • Bias
  • Muscat
  • Dhofar
  • Buraimi
  • Musandam

 

Report Scope:

In this report, the Oman Tire Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

·         Oman Tire Market, By Vehicle Type:

o    Passenger Car

o    Two-Wheelers

o    Light Commercial Vehicles (LCV)

o    Medium & Heavy Commercial Vehicles (M&HCV)

·         Oman Tire Market, By Demand Category:

o    OEM

o    Aftermarket

·         Oman Tire Market, By Tire Construction Type:

o    Radial

o    Bias

·         Oman Tire Market, By Region:

o    Muscat

o    Dhofar

o    Buraimi

o    Musandam

Competitive Landscape

Company Profiles: Detailed analysis of the major companies presents in the Oman Tire Market.

Available Customizations:

Oman Tire Market report with the given market data, Tech Sci Research offers customizations according to the 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).

Oman Tire Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at sales@techsciresearch.com

Table of content

Table of content

1.    Introduction

1.1.  Research Tenure Considered

1.2.  Market Definition

1.3.  Scope of the Market

1.4.  Markets Covered

1.5.  Years Considered for Study

1.6.  Key Market Segmentations

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.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Regions/Countries

4.    Voice of Customer

5.    Oman Tire Market Outlook

5.1.  Market Application & Forecast

5.1.1.     By Value & Volume

5.2.  Market Share & Forecast

5.2.1.     By Vehicle Type Market Share Analysis (Passenger Car, Two-Wheelers, Light Commercial Vehicles (LCV), Medium & Heavy Commercial Vehicles (M&HCV))

5.2.2.    By Demand Category Market Share Analysis (OEM, Aftermarket)

5.2.3.    By Tire Construction Type Market Share Analysis (Radial, Bias)

5.2.4.    By Region Market Share Analysis

5.2.5.    By Top 5 Companies Market Share Analysis, Others (2024)

6.    Muscat Tire Market Outlook

6.1.  Market Application & Forecast

6.1.1.     By Value & Volume

6.2.  Market Share & Forecast

6.2.1.     By Vehicle Type Market Share Analysis

6.2.2.     By Demand Category Market Share Analysis

6.2.3.     By Tire Construction Type Market Share Analysis

7.    Dhofar Tire Market Outlook

7.1.  Market Application & Forecast

7.1.1.     By Value & Volume

7.2.  Market Share & Forecast

7.2.1.     By Vehicle Type Market Share Analysis

7.2.2.     By Demand Category Market Share Analysis

7.2.3.     By Tire Construction Type Market Share Analysis

8.    Buraimi Tire Market Outlook

8.1.  Market Application & Forecast

8.1.1.     By Value & Volume

8.2.  Market Share & Forecast

8.2.1.     By Vehicle Type Market Share Analysis

8.2.2.     By Demand Category Market Share Analysis

8.2.3.     By Tire Construction Type Market Share Analysis

9.    Musandam Tire Market Outlook

9.1.  Market Application & Forecast

9.1.1.     By Value & Volume

9.2.  Market Share & Forecast

9.2.1.     By Vehicle Type Market Share Analysis

9.2.2.     By Demand Category Market Share Analysis

9.2.3.     By Tire Construction Type Market Share Analysis

10.  Market Dynamics

10.1.  Drivers

10.2.  Challenges

11.  Market Trends & Developments

12.  Porters Five Forces Analysis

13.  Competitive Landscape

13.1. Company Profiles

13.1.1.  Bridgestone Corporation

13.1.1.1.      Company Details

13.1.1.2.      Products

13.1.1.3.      Financials (As Per Availability)

13.1.1.4.      Key Market Focus & Geographical Presence

13.1.1.5.      Recent Developments

13.1.1.6.      Key Management Personnel

13.1.2.  Continental AG

13.1.3.  Goodyear Tire & Rubber Company

13.1.4.  Sumitomo Rubber Industries Ltd

13.1.5.  Michelin Group

13.1.6.  Pirelli & C. S.p.A.

13.1.7.  Yokohama Rubber Company Limited

13.1.8.  Kumho Tire Co. Inc

13.1.9.  BFGoodrich Tyres

13.1.10.  Hankook Tire & Technology Co., Ltd.

14.  Strategic Recommendations

15.  About Us & Disclaimer

 

Figures and Tables

Frequently asked questions

Frequently asked questions

The market size of the Oman Tire Market was estimated to USD 158.54 Million in 2024.

Rising vehicle ownership, expanding logistics and transport sectors, increasing replacement tire demand, improved road infrastructure, and growing consumer preference for fuel-efficient and durable tires are major drivers for the Oman Tire Market.

Key trends in the Oman Tire Market include a growing preference for eco-friendly and fuel-efficient tires, increased adoption of online tire purchasing platforms, rising demand for all-season tires due to climatic conditions, and heightened consumer awareness driven by mandatory tire labeling regulations.

Major challenges for the Oman Tire Market include harsh climatic conditions leading to accelerated tire wear, prevalence of counterfeit and substandard tires compromising safety, limited consumer awareness on tire maintenance, dependency on imported raw materials, and economic volatility affecting consumer spending.

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