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Serbia Tire Market Forecast & Opportunities, 2021

  • March 2016
  • -
  • TechSci Research
  • -
  • 95 pages

After witnessing adverse political scenario and economic volatility over the last few years, economy of Serbia has been witnessing recovery. Moreover, Serbia is a candidate for membership of European Union and is one of the developing countries of the Balkan region. With a vehicle fleet (passenger cars & commercial vehicles) of over 1.97 million in 2014 and vehicle motorization rate of around 207 vehicles (passenger cars & commercial vehicles) per thousand people in 2013, Serbia’s tire market is poised to witness moderate growth over the next five years. Increase in vehicle sales is being supported by declining interest rates leading to affordable automobile financing in the country. Most of the leading global automotive OEMs such as Fiat, Nissan, Skoda, Renault, Mercedes, etc., are engaged in selling their automobiles in the country.

According to the TechSci Research report, “Serbia Tire Market Forecast & Opportunities, 2021", Serbia tire market is anticipated to surpass US$ 230 million by 2021, on account of increasing volume sales of vehicles in the country coupled with growing vehicle fleet size. In 2015, Serbia tire market was dominated by the passenger car tire segment, which accounted for more than 90% of the tire sales in the country, followed by Off-the-Road (OTR), light commercial vehicle, two-wheeler and medium & heavy commercial vehicle segment. Leading global tire companies operating in Serbia include Goodyear, Tigar Tyres, Cooper, Pirelli, Bridgestone and Yokohama. “Serbia Tire Market Forecast & Opportunities, 2021” report elaborates the following aspects of tire market in Serbia:

- Serbia Tire Market Size, Share & Forecast
- Segmental Analysis – Passenger Car Tires, Light Commercial Tires, Medium and Heavy Commercial Vehicle Tires, Off-The-Road (OTR) Tires &Two-Wheeler Tires
- 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 tire market in Serbia
- To identify the on-going trends and segment wise anticipated growth in the coming years
- To help industry consultants, tire companies, distributors and dealers 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 vehicle manufactures, tire companies, distributors, dealers 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

Serbia Tire Market Forecast and Opportunities, 2021
1. Research Methodology
2. Analyst View
3. Product Overview
4. Serbia Tire Production Capacity
5. Serbia Tire 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 (Passenger Car (PC), OTR, LCV, MandHCV and 2W)
5.2.2. By Company
5.2.3. By Region
5.2.4. By Demand Category (OEM vs Replacement)
6. Serbia Passenger Car (PC) Tire 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 (Hatchback, Sedan and SUV)
6.2.2. By Demand Category (OEM vs Replacement)
7. Serbia Off-The-Road (OTR) Tire Market Outlook
7.1. Market Size and Forecast
7.1.1. By Value and Volume
8. Serbia Light Commercial Vehicle (LCV) Tire Market Outlook
8.1. Market Size and Forecast
8.1.1. By Value and Volume
8.2. Market Share and Forecast
8.2.1. By Demand Category (OEM vs Replacement)
9. Serbia Medium and Heavy Commercial Vehicle (MandHCV) Tire Market Outlook
9.1. Market Size and Forecast
9.1.1. By Value and Volume
9.2. Market Share and Forecast
9.2.1. By Demand Category (OEM vs Replacement)
10. Serbia Two-Wheeler (2W) Tire Market Outlook
10.1. Market Size and Forecast
10.1.1. By Value and Volume
11. Import-Export Analysis
12. Market Dynamics
12.1. Drivers
12.2. Challenges
13. Market Trends and Developments
13.1. Increasing Online Tire Sales
13.2. Growing Focus on Domestic Tire Manufacturing
13.3. Implementation of Winter Tire Regulation
13.4. Growing Demand for Passenger Car Tires
14. Policy and Regulatory Landscape
15. Serbia Economic Profile
16. Competitive Landscape
16.1. Tigar Tyres d.o.o.
16.2. Cooper Tire and Rubber Company Serbia d.o.o.
16.3. Goodyear Dunlop Sava Tires d.o.o
16.4. Elastika Pirelli S.A
16.5. The Yokohama Rubber Co., Ltd.
16.6. Private Joint Stock Company ROSAVA
16.7. Nokian Tyres PLC
16.8. Toyo Tire Europe GmbH
16.9. Bridgestone Europe NV/SA
16.10. Continental AG
17. Strategic Recommendations

List of Figures

Figure 1: Serbia Tire Market Size, By Value (USD Million), By Volume (Million Units), 2011-2021F
Figure 2: Serbia Tire Market Share, By Vehicle Type, By Volume, 2011-2021F
Figure 3: Serbia Tire Market Share, By Company, By Volume, 2015-2021F
Figure 4: Serbia Tire Market Share, By Region, By Volume, 2015 and 2021F
Figure 5: Serbia Tire Market Share, By Demand Category (OEM vs Replacement), By Volume, 2011-2021F
Figure 6: Serbia Passenger Car Tire Market Size, By Value (USD Million), By Volume (Million Units), 2011-2021F
Figure 7: Serbia Passenger Car Tire Market Share, By Vehicle Type, By Volume, 2015-2021F
Figure 8: Serbia Passenger Car Tire Market Share, By Demand Category (OEM vs Replacement), By Volume, 2011-2021F
Figure 9: Serbia Off-The-Road Tire Market Size, By Value (USD Million), By Volume (Million Units), 2011-2021F
Figure 10: Serbia Light Commercial Vehicle Tire Market Size, By Value (USD Million), By Volume (Million Units), 2011-2021F
Figure 11: Serbia Light Commercial Vehicle Tire Market Share, By Demand Category (OEM vs Replacement), By Volume, 2011-2021F
Figure 12: Serbia Medium and Heavy Commercial Vehicle Tire Market Size, By Value (USD Million), By Volume (Million Units), 2011-2021F
Figure 13: Serbia Medium and Heavy Commercial Vehicle Tire Market Share, By Demand Category (OEM vs Replacement), By Volume, 2011-2021F
Figure 14: Serbia Two Wheeler Tire Market Size, By Value (USD Million), By Volume (Million Units), 2011-2021F
Figure 15: Serbia Internet Penetration (per 100 people), 2010-2014 (%)

List of Tables

Table 1: Serbia Tire Production Capacity of Major Players, By Volume, 2014
Table 2: Serbia Passenger Car Sales, By Volume, 2011-2015 (Units)
Table 3: Serbia Passenger Car Tire Market Size, By Demand Category (OEM vs Replacement), By Volume, 2011-2021F (Million Units)
Table 4: Serbia Major Construction Projects, By Project Cost (USD Million)
Table 5: Serbia Light Commercial Vehicle Production, 2011-2015* (Units)
Table 6: Serbia Light Commercial Vehicle Tire Market Size, By Demand Category (OEM Vs. Replacement), By Volume, 2011-2021F (Million Units)
Table 7: Serbia Tire Imports, By Value, 2011-2015 (USD Million)
Table 8: Serbia Tire Exports, By Value, 2011-2015 (USD Million)
Table 9: Serbia Partial list of Online Tire Dealers in Serbia
Table 10: Serbia Tire Import Duties, 2016


Companies Mentioned
1. Tigar Tyres d.o.o.
2. Cooper Tire and Rubber Company Serbia d.o.o.
3. Goodyear Dunlop Sava Tires d.o.o
4. Elastika Pirelli S.A
5. The Yokohama Rubber Co., Ltd.
6. Private Joint Stock Company ROSAVA
7. Nokian Tyres PLC
8. Toyo Tire Europe GmbH
9. Bridgestone Europe NV/SA
10. Continental AG

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