Analysis on Impact of COVID-19: All-season Tire Market in Europe 2020-2024 | The Regulations Pertaining To The Use Of All-season Tires to boost the Market Growth | Technavio

12 August 2020, 11:15 pm·5-min read

Technavio has been monitoring the all-season tire market in Europe and it is poised to grow by $ 3.42 bn during 2020-2024, progressing at a CAGR of 9% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Technavio has announced its latest market research report titled All-season Tire Market in Europe 2020-2024 (Graphic: Business Wire)

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Bridgestone Corp., Continental AG, Cooper Tire and Rubber Co., Hankook Tire Co. Ltd., Michelin Group, Nokian Tyres Plc, Pirelli Tyre Spa, Sumitomo Rubber Industries Ltd., The Goodyear Tire & Rubber Co., and Yokohama Rubber Co. Ltd. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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The regulations pertaining to the use of all-season tires have been instrumental in driving the growth of the market. However, the volatility of raw material prices might hamper the market growth.

Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

All-season tire market in Europe 2020-2024: Segmentation

All-season tire market in Europe is segmented as below:

End-user
- Aftermarket
- OEMs
Distribution Channel
- Offline
- Online

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR43822

All-season tire market in Europe 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The all-season tire market in Europe report covers the following areas:

All-season tire market in Europe Size
All-season tire market in Europe Trends
All-season tire market in Europe Industry Analysis

This study identifies the growing adoption of nanotechnology as one of the prime reasons driving the all-season tire market in Europe growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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All-season tire market in Europe 2020-2024: Key Highlights

CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will assist all-season tire market growth in Europe during the next five years
Estimation of the all-season tire market size in Europe and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the all-season tire market in Europe
Analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of all-season tire market vendors in Europe

Table of Contents:

Executive Summary

Market Landscape

Market ecosystem
Value chain analysis

Market Sizing

Market definition
Market segment analysis
Market size 2019
Market outlook: Forecast for 2019-2024

Five Forces Analysis

Five forces summary
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition

Market Segmentation by End-user

Market segments
Comparison by End-user
Aftermarket - Market size and forecast 2019-2024
OEMs - Market size and forecast 2019-2024
Market opportunity by End-user

Market Segmentation by Distribution channel

Market segments
Comparison by Distribution channel
Offline - Market size and forecast 2019-2024
Online - Market size and forecast 2019-2024
Market opportunity by Distribution channel

Customer Landscape

Volume drivers – Demand led growth
Market challenges
Market trends

Vendor Landscape

Overview
Vendor landscape
Landscape disruption

Vendor Analysis

Vendors covered
Market positioning of vendors
Bridgestone Corp.
Continental AG
Cooper Tire and Rubber Co.
Hankook Tire Co. Ltd.
Michelin Group
Nokian Tyres Plc
Pirelli Tyre Spa
Sumitomo Rubber Industries Ltd.
The Goodyear Tire & Rubber Co.
Yokohama Rubber Co. Ltd.

Appendix

Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200812005364/en/

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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