South Korea Tyre Market Forecast & Opportunities, 2018

  • November 2013
  • -
  • TechSci Research
  • -
  • 100 pages

South Korea is one of the fastest growing economies and is also one of the key investment markets for the automotive industry. Availability of cheap and skilled labor force equipped with the latest technology in the production of tyres and automobiles has made South Korea as one of the largest automotive manufacturing markets. South Korea is also one of the largest exporters of automobiles in the world. Major global auto companies such as Hyundai, KIA, GM and Renault have set up their production facilities for passenger cars and commercial vehicles in South Korea. South Korea is an export driven market as majority of the automobiles and tyres produced in the country are exported to North America, South America, Africa, Asia and Middle East. The increasing production of automobiles in the country is driving the demand for tyres. Metropolitan cities such as Seoul, Incheon city, Ulsan, Busan, Gyeonggi and South Gyeongsang Province are the key markets for tyre sales in the country.

According to “South Korea Tyre Market Forecast & Opportunities, 2018”, the tyre market in South Korea is expected to grow at the CAGR of 5% during 2013-2018 in terms of revenue sales. This can be attributed to the increase in demand for automobiles and tyres in the global market as well as domestic market. South Korea exports majority of its automobiles and tyres to other countries. The domestic market for tyres in South Korea is dominated by the passenger car segment. Hankook, Kumho and Nexen are the leading companies in South Korea, equipped with strong distribution network and OEM tie ups. South Korea has various trade agreements with different countries around the world including European Union and US, through which the automotive products including tyres, manufactured in the country are easily exported to these countries. The tyre market in South Korea is also likely to get benefited by the mandatory tyre labelling which would come into effect from November 2013. The tyre labelling emphasizes on the production of eco-friendly and fuel efficient tyres in South Korea.

“South Korea Tyre Market Forecast & Opportunities, 2018” report elaborates following particulars:

• South Korea Tyre Market Size, Share & Forecast
• OEM & Replacement Tyre Market Size, Share & Forecast
• Policy & Regulatory Landscape
• Changing Market Trends & Emerging Opportunities
• Competitive Landscape & Strategic Recommendations

Why You Should Buy This Report?

• To gain an in-depth understanding of tyre market in South Korea
• To identify the on-going trends and anticipated growth in the coming years
• To help industry consultants, tyre manufacturers and dealers to align their market-centric strategies
• To obtain research based business decision and add weight to presentations and marketing materials
• To gain competitive knowledge of leading players
• To avail 10% customization in the report without any extra charges and get the research data or trends added in the report as per the buyer’s specific needs

Report Methodology

The information contained in this report is based upon both primary and secondary sources. Primary research included interviews with tyre manufacturers, distributors and industry experts. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports, and proprietary databases.

Analyst access from TechSci Research

All report purchases include up to 45 minutes telephone time with our Industry Analyst who will help you link key findings in the report to the business issues you're addressing. This needs to be used within two months of purchasing the report.

Table Of Contents

1. Executive Summary
2. South Korea Tyre Market Outlook
2.1. Market Size and Forecast
2.1.1. By Value
2.1.2. By Volume
2.2. Market Share and Forecast
2.2.1. By Segment
2.2.2. By Sales Channel
2.2.3. By Company
2.2.4. By Region
3. South Korea Replacement Tyre Market Outlook
3.1. Market Size and Forecast
3.1.1. By Value
3.1.2. By Volume
3.2. Market Share and Forecast
3.2.1. By Segment
4. South Korea Passenger Car Tyre Market Outlook
4.1. Market Size and Forecast
4.1.1. By Value
4.1.2. By Volume
4.2. Market Share and Forecast
4.2.1. By Segment
5. South Korea Commercial Tyre Market Outlook
5.1. Market Size and Forecast
5.1.1. By Value
5.1.2. By Volume
5.2. Market Share and Forecast
5.2.1. By Segment
6. South Korea OTR Tyre Market Outlook
6.1. Market Size and Forecast
6.1.1. By Value
6.1.2. By Volume
6.2. Market Share and Forecast
6.2.1. By Segment
7. Raw Material Analysis
8. Tyre Trade Analysis
8.1. Import
8.2. Export
9. Market Dynamics
9.1. Drivers
9.2. Challenges
10. Policy and Regulatory Landscape
11. Market Trends and Developments
11.1. Winter Tyre Market
11.2. Tyre Pressure Management System (TPMS)
11.3. Retreaded Tyre Market
11.4. OTR Tyre Segment
11.5. Automobile Production Scenario
12. South Korea Economic Profile
13. Competitive Landscape
13.1. Pirelli and C. SpA
13.2. Michelin Korea Co., Ltd
13.3. Goodyear Korea Co., Ltd.
13.4. Bridgestone Tire Sales Korea
13.5. Continental Automotive Korea Ltd.
13.6. Hankook Tire Co.
13.7. Kumho Tyre Co. Inc.
13.8. Nexen Tyre Corporation
13.9. Yokohama Tire Korea Co. Ltd.
14. Strategic Recommendations
15. Research Methodology

List of Figures

Figure 1: South Korea Tyre Market Size, By Value, 2009-2012 (USD Billion)
Figure 2: South Korea Tyre Market Size, By Value, 2013E-2018F (USD Billion)
Figure 3: South Korea Tyre Market Size, By Volume, 2009-2012 (Million Units)
Figure 4: South Korea Tyre Market Size, By Volume, 2013E-2018F (Million Units)
Figure 5: South Korea Tyre Market Share, By Segment, By Volume, 2012
Figure 6: South Korea Tyre Market Share, By Segment, By Volume, 2018F
Figure 7: South Korea Tyre Market Share, By Sales Channel, By Volume, 2012
Figure 8: South Korea Tyre Market Share, By Sales Channel, By Volume, 2018F
Figure 9: South Korea Tyre Market Share, By Company, By Volume, 2012
Figure 10: South Korea Tyre Market Share, By Company, By Volume, 2018F
Figure 11: South Korea Tyre Market Share, By Region, By Volume, 2012
Figure 12: South Korea Tyre Market Share, By Region, By Volume, 2018F
Figure 13: South Korea Replacement Tyre Market Size, By Value, 2009-2012 (USD Billion)
Figure 14: South Korea Replacement Tyre Market Size, By Value, 2013E-2018F (USD Billion)
Figure 15: South Korea Replacement Tyre Market Size, By Volume, 2009-2012 (Million Units)
Figure 16: South Korea Replacement Tyre Market Size, By Volume, 2013E-2018F (Million Units)
Figure 17: South Korea Replacement Tyre Market Share, By Segment, By Volume, 2012
Figure 18: South Korea Replacement Tyre Market Share, By Segment, By Volume, 2018F
Figure 19: South Korea Passenger Car Tyre Market Size, By Value, 2009-2012 (USD Million)
Figure 20: South Korea Passenger Car Tyre Market Size, By Value, 2013E-2018F (USD Million)
Figure 21: South Korea Passenger Car Tyre Market Size, By Volume, 2009-2012 (Million Units)
Figure 22: South Korea Passenger Car Tyre Market Size, By Volume, 2013E-2018F (Million Units)
Figure 23: South Korea Passenger Car Tyre Market Share, By Segment, By Volume, 2012
Figure 24: South Korea Passenger Car Tyre Market Share, By Segment, By Volume, 2018F
Figure 25: South Korea Commercial Tyre Market Size, By Value, 2009-2012 (USD Million)
Figure 26: South Korea Commercial Tyre Market Size, By Value, 2013E-2018F (USD Million)
Figure 27: South Korea Commercial Tyre Market Size, By Volume, 2009-2012 (Million Units)
Figure 28: South Korea Commercial Tyre Market Size, By Volume, 2013E-2018F (Million units)
Figure 29: South Korea Commercial Tyre Market Share, By Segment, By Volume, 2012
Figure 30: South Korea Commercial Tyre Market Share, By Segment, By Volume, 2018F
Figure 31: South Korea OTR Tyre Market Size, By Value, 2009-2012 (USD Million)
Figure 32: South Korea OTR Tyre Market Size, By Value, 2013E-2018F (USD Million)
Figure 33: South Korea OTR Tyre Market Size, By Volume, 2009-2012 (Million Units)
Figure 34: South Korea OTR Tyre Market Size, By Volume, 2013E-2018F (Million Units)
Figure 35: South Korea Other Tyre Market Share, By Segment, By Volume, 2012
Figure 36: South Korea Other Tyre Market Share, By Segment, By Volume, 2018F
Figure 37: Raw Material Share In Tyre Manufacturing
Figure 38: World Rubber Production, By Volume, 2009-12 (Million Tons)
Figure 39: Natural Rubber Price at Singapore Exchange (USD per Ton), 2009-2013E
Figure 40: South Korea Imports, By Value, 2009-2012 (USD Billion)
Figure 41: South Korea Tyre Imports, By Volume, 2009-2012 (Million Units)
Figure 42: South Korea Exports, By Value, 2009-2012 (USD Billion)
Figure 43: South Korea Automobile Exports Market Share, By Company, By Volume, 2012
Figure 44: South Korea Tyre Exports, By Volume, 2009-2012 (Million Units)
Figure 45: South Korea Automobile Production, By Volume, 2009-2012 (Million Units)
Figure 46: South Korea GDP, 2010-2016F (USD Billion)
Figure 47: South Korea GDP Per Capita PPP, 2010-2016F (USD)
Figure 48: South Korea GDP Per Capita, 2010-2016F (USD)
Figure 49: South Korea Inflation Rate (Average Consumer Price Change %), 2010-2016F
Figure 50: South Korea Population: (In Millions), 2010-2016F
Figure 51: South Korea Unemployment Rate (% of labor force), 2010-2016F

List of Tables

Table 1: Company Profile: Pirelli and C. SpA
Table 2: Company Profile: Michelin Korea Co. Ltd.
Table 3: Company Profile: Goodyear Korea Co. Ltd.
Table 4: Company Profile: Bridgestone Tire Sales Korea
Table 5: Company Profile: Continental Automotive Korea Ltd.
Table 6: Company Profile: Hankook Tire Co.
Table 7: Company Profile: Kumho Tyre Co. Inc.
Table 8: Company Profile: Nexen Tyre Corporation
Table 9: Company Profile: Yokohama Tire Korea Co. Ltd.

View This Report »

Find all the market research you need - instantly, in one place.

+1.2 Million Research Documents & Statistics +200,000 Trusted Public Sources 350 Industries With Global Coverage

24/7 Customer Support

Talk to Amrita

+1 718 303 2019

Purchase Reports From Reputable Market Research Publishers

2014 Market Research Report on Global Auto Tyre Industry

2014 Market Research Report on Global Auto Tyre Industry

  • $ 5 600
  • Industry report
  • September 2014
  • by QY Research Group

Summary "2014 Market Research Report on Global Auto Tyre Industry" was professional and depth research report on Global Auto Tyre industry. The report firstly introduced Auto Tyre basic information included ...

Global Tires Market

Global Tires Market

  • $ 4 950
  • Industry report
  • November 2014
  • by Global Industry Analysts

This report analyzes the worldwide markets for Tires in Thousand Units by the following Product Segments: OEM and Replacement Categories. Major Product Segments analyzed under the OEM Tires Segment include ...

Global Database of the Top 1000 Tire Producers - Company Names, Financial Performance, Key Executives, and Contact Details

Global Database of the Top 1000 Tire Producers - Company Names, Financial Performance, Key Executives, and Contact Details

  • $ 1 317
  • Industry report
  • October 2014
  • by Global Research & Data Services

This company database offers valuable information on top 1000 tire producers in the world which makes the database an invaluable resource for industry executives, marketing, sales and product managers, ...

Global Tire Cord Industry

June 2014 $ 4 950

ReportLinker is an award-winning market research solution that finds, filters and organizes the latest industry data so you get all the market research you need - quickly, in one place.