Japan Tire Market Growth Trends, Volume Insights & Outlook 2030
Japan Tire Market Size & Insights
According to MarkNtel Advisors study The future of Japan Tire Market sales volume was 121.29 million units in 2024 and is projected to reach 136.29 million units in 2030. Along with this, the market is also estimated to grow at a CAGR of around 1.03% during the forecast period, 2025-30.
What are the Opportunity in the Japan Tire Market?
Leveraging the Electric Vehicle Trend: The government of Japan aims to bring a 100% transition to EVs by 2035, resulting in a growing emphasis on exploring electric vehicles (EVs) trends. EVs often demand specialized tires designed for better energy efficiency and reduced road noise. This preference change might open up new opportunities for tire manufacturers in Japan to cater to the emerging electric vehicle market. By embracing this trend, the Japanese automotive industry garners international investors and partners, positioning itself as an attractive destination for EV-related investments and collaborations. This fosters technology transfers and elevates the industry’s global competitiveness. Besides, re-entering the EV segment allows Japanese tire manufacturers to consolidate their dominance as a major player in the world’s automotive market, further solidifying their reputation for innovation and sustainable mobility solutions.
What are the Key Segments in the Japan Tire Market?
The Japan Tire is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:
- By Vehicle Type
- Passenger Cars
- SUV
- Sedan
- Hatchback & Bakkies
- Light Commercial Vehicles (LCV)
- Light Trucks
- Light Buses
- Pickup trucks & Vans
- Medium & High Commercial Vehicles
- Bus
- Truck
- Two Wheelers
- Moped
- Scooters
- Motorcycles
- Off the Road (OTR)
- Earthmoving Equipment
- Material Handling Equipment
- Industrial & Mining Equipment
- Passenger Cars
- By Demand Type
- OEM
- Replacement
- By Type of Tire
- Radial
- Bias
- By Season
- All Season
- Summer
- By Sales Channel
- Online
- Dealers/ Exclusive Outlets
- Others
- By Rim Size
- Upto 12
- 12.1” to 15”
- 15.1.” to 20”
- 20.1” to 20”
- 20.1” to 22.5”
- 22.6” to 26”
- 26.1” to 35”
- 35.1” to 47”
- Above 47”
- By Price Category
- Low
- Medium
- High
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How does geographical analysis highlight in the Japan Tire market?
- By Region
- Hokkaido
- Tohoku
- Kanto
- Chubu
- Others
Who are the Key Players in Japan Tire Market?
- Bridgestone Corporation
- Sumitomo Rubber Industries Limited
- Yokohama Rubber Company Limited
- Toyo Tires & Rubber Company Limited
- Kumho Tire Japan Inc
- Japan Michelin tire Co Ltd
- Japan Goodyear Inc
- Japan Pirelli Inc
- Hankook Tire Japan
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Japan Tire Market News
In April 2023, Bridgestone transitioned all the electricity purchased to renewable energy sources at six tire and raw materials plants in Japan.
In January 2023, The Yokohama Rubber Co., Ltd. announced the commencement of operations at their state-of-the-art indoor ice circle test facility within the Tire Test Center of Hokkaido (TTCH). The primary focus is to conduct rigorous tests on winter tires’ turning capabilities on icy surfaces. It is Japan’s most extensive indoor facility designed explicitly for evaluating tire turning performance on ice.
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- Scope & Research Design – Clearly defined objectives with tailored qualitative and quantitative methods, backed by precise timelines and budgets.
- Sample Selection & Data Collection – Representative samples achieved through proven techniques like random and stratified sampling, supported by reliable tools such as surveys, interviews, and observations.
- Data Analysis & Validation – Rigorous cleaning, advanced statistical modeling, and thematic analysis ensure accuracy, reliability, and minimal bias.
- Forecasting & Finalization – Predictive modeling and time-series analysis anticipate future market behaviors, presented through insightful reports with charts, graphs, and strategic recommendations.
“Our methodology reflects the trust businesses place in us. By combining innovation with precision, we deliver not just numbers, but clarity and direction for decision-makers worldwide,” said a spokesperson for MarkNtel Advisors.
Why This MarkNtel Advisors Research Report:
- In-depth Market Analysis: Understand trends and dynamics shaping growth.
- Segmented Insights: Target specific segments for focused strategies.
- Geographical Performance: Assess market opportunities by geographic area.
- Emerging Technologies: Discover advancements like AI integration.
- Risk Identification: Pinpoint challenges to inform strategic planning.
- Future Forecasts: Prepare for market changes with actionable projections.
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