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Belgium Tyre Market Forecast and Opportunities, 2021

  • February 2016
  • -
  • TechSci Research
  • -
  • 96 pages

With a population of around 11.2 million in 2014, Belgium’s vehicle motorization rate stood at around 562 vehicles per 1,000 people. As a result of moderate vehicle ownership, robust road infrastructure, rising living standards, coupled with relatively positive macroeconomic indicators, tyre market in the country is expected to witness growth revival over the next five years. Though there are no tyre manufacturing plants in Belgium, major tyre companies such as Continental, Michelin, Pirelli, Goodyear, Bridgestone, Yokohama, etc., are engaged in selling tyres through tyre distributors and dealers operating in the country.

According to “Belgium Tyre Market Forecast & Opportunities, 2021”, tyre market in Belgium is projected to cross US$ 875 million by 2021. The country’s vehicle fleet is dominated by passenger cars, followed by the commercial vehicles and two-wheelers. As a result, the passenger car tyre segment accounted for the largest share in the country’s tyre market, and the same trend is expected to continue through 2021. “Belgium Tyre Market Forecast & Opportunities, 2021” report elaborates the following aspects of tyre market in Belgium:

- Belgium Tyre Market Size, Share & Forecast
- Segmental Analysis – Passenger Car Tyres, Medium & Heavy Commercial Vehicle Tyres, Light Commercial Vehicle Tyres, Two Wheeler Tyres & OTR Tyres
- Policy & Regulatory Landscape
- Changing Market Trends and Emerging Opportunities
- Competitive Landscape and Strategic Recommendations

Why You Should Buy This Report?

- To gain an in-depth understanding of tyre market in Belgium
- To identify the on-going trends and segment wise anticipated growth in the coming years
- To help industry consultants, tyre companies and other stakeholders to align their market-centric strategies
- To obtain research based business decision and add weight to presentations and marketing material
- 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 on both primary and secondary sources. Primary research includes interviews with tyre companies, distributors, retailers, vehicle manufacturers/assemblers and industry experts. Secondary research includes an exhaustive search of relevant publications such as company annual reports, financial reports and proprietary databases.

Table Of Contents

Belgium Tyre Market Forecast and Opportunities, 2021
1. Research Methodology
2. Product Overview
3. Analyst View
4. Belgium Tyre Market Outlook
4.1. Market Size and Forecast
4.1.1. By Value and Volume
4.2. Market Share and Forecast
4.2.1. By Vehicle Type (Passenger Car (PC), MandHCV, LCV, Two-Wheeler and OTR)
4.2.2. By Company
4.2.3. By Region
4.2.4. By Demand Category (OEM vs Replacement)
5. Belgium Passenger Car Tyre Market Outlook
5.1. Market Size and Forecast
5.1.1. By Value and Volume
5.2. Market Share and Forecast
5.2.1. By Vehicle Type (Cross Overs, Hatchbacks, SUVs and Sedans)
5.2.2. By Demand Category (OEM vs Replacement)
6. Belgium Medium and Heavy Commercial Vehicle (MandHCV) Tyre Market Outlook
6.1. Market Size and Forecast
6.1.1. By Value and Volume
6.2. Market Share and Forecast
6.2.1. By Vehicle Type (HCV and MCV)
6.2.2. By Demand Category
7. Belgium Light Commercial Vehicle (LCV) Market Outlook
7.1. Market Size and Forecast
7.1.1. By Value and Volume
8. Belgium Two-Wheeler (2W) Tyre Market Outlook
8.1. Market Size and Forecast
8.1.1. By Value and Volume
9. Belgium Off-The Road (OTR) Tyre Market Outlook
9.1. Market Size and Forecast
9.1.1. By Value and Volume
10. Import-Export Analysis
11. Market Dynamics
11.1. Drivers
11.2. Challenges
12. Market Trends and Developments
12.1. Increasing Online Tyre Sales
12.2. Growing Penetration of Winter Tyres
12.3. Rising Demand for OTR Tyres
12.4. Growing Demand for Electric Vehicles
12.5. Added Safety with TPMS
13. Policy and Regulatory Landscape
14. Belgium Economic Profile
15. Competitive Landscape
15.1. Michelin Belux SA
15.2. Bridgestone Europe S.A
15.3. Pirelli Tyres Belux NV / SA
15.4. N.V. Apollo Vredestein BeLux S.A.
15.5. Hankook Tire
15.6. Nokian Tyres PLC
15.7. N.V. Yokohama Belgium S.A.
15.8. Goodyear Dunlop Tires Belgium N.V.
15.9. Cooper Tire and Rubber Company
15.10. Kumho Tire Co.
16. Strategic Recommendations

List of Figures

Figure 1: Belgium Tyre Market Size, By Value (USD Million), By Volume (Million Units), 2011-2021F
Figure 2: Belgium Tyre Market Share, By Vehicle Type, By Volume, 2011-2021F
Figure 3: Belgium Tyre Market Share, By Company, By Volume, 2015-2021F
Figure 4: Belgium Tyre Market Share, By Region, By Volume, 2015 and 2021F
Figure 5: Belgium Tyre Market Share, By Demand Category (OEM vs Replacement), By Volume, 2011-2021F
Figure 6: Belgium Passenger Car Tyre Market Size, By Value (USD Million), By Volume (Million Units), 2011-2021F
Figure 7: Belgium Passenger Car Tyre Market Share, By Vehicle Type, By Volume, 2015-2021F
Figure 8: Belgium Passenger Car Tyre Market Share, By Demand Category (OEM vs Replacement), By Volume, 2011-2021F
Figure 9: Belgium Medium and Heavy Commercial Vehicle Tyre Market Size, By Value (USD Million), By Volume (Million Units), 2011-2021F
Figure 10: Belgium Medium and Heavy Commercial Vehicle Tyre Market Share, By Vehicle Type, By Volume, 2011-2021F
Figure 11: Belgium Medium and Heavy Commercial Vehicle Tyre Market Share, By Demand Category (OEM vs Replacement), By Volume, 2011-2021F
Figure 12: Belgium Light Commercial Vehicle Tyre Market Size, By Value (USD Million), By Volume (Million Unit), 2011-2021F
Figure 13: Belgium Two-wheeler Tyre Market Size, By Value (USD Million), By Volume (Million Units), 2011-2021F
Figure 14: Belgium Off-The-Road Tyre Market Size, By Value (USD Million), By Volume (Thousand Units), 2011-2021F

List of Tables

Table 1: Belgium Automobile Production, By Volume, 2010-2014 (Units)
Table 2: Belgium Automobile Fleet, By Vehicle Type, By Volume, 2011-2014 (Million Units)
Table 3: Belgium Tyre Market Size, By Demand Category (OEM vs Replacement), By Volume, 2011-2021F (Million units)
Table 4: Belgium Passenger Car Sales, 2011-2015 (Units)
Table 5: Belgium Passenger Car Tyre Market Size, By Demand Category (OEM vs Replacement), By Volume, 2011-2021F (Million Unit)
Table 6: Belgium Passenger Car Production, 2010-2015 (Till September) (Units)
Table 7: Belgium Passenger Car Exports, 2010-2015 (Till September) (Units)
Table 8: Belgium Two-Wheeler Sales, By Volume, 2011-2015 (Units)
Table 9: Belgium Two-Wheeler Registration, By Vehicle Type, By Volume, 2011-2015 (Unit)
Table 10: Belgium Major Construction Projects Commenced During 2009-2012, By Project Cost (USD Million)
Table 11: Belgium Major Construction Projects Commenced During 2014-2015, By Project Cost (USD Million)
Table 12: Belgium Tyre Imports, By Value, 2010-2014 (USD Million)
Table 13: Belgium Tyre Exports, By Value, 2010-2014 (USD Million)
Table 14: Belgium Automobile Fleet, By Vehicle Type, By Volume, 2010-2014 (Million Unit)
Table 15: Belgium Online Tyre selling Companies
Table 16: Belgium OTR Tyre Imports, By Value, 2010-2014 (USD Million)
Table 17: Belgium Tyre Trade Tariff Duties, By Product Type and Segment, 2015

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