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Pakistan Rubber Tyre Market: By Vehicle Type: Two-Wheeler and Three Wheeler Tyres, Passenger Cars and Light Truck Tyres, Heavy Commercial and OTR Tyres; By Segment; By Market Type; By Design; By Type; Regional Analysis; Historical Market and Forecast (2017-2027); Competitive Landscape; Industry Events and Developments

Pakistan Rubber Tyre Market Outlook

The Pakistan rubber tyre market attained a volume of about 25.03 million units in 2021. The market is further expected to grow in the forecast period of 2022-2027 at a CAGR of 8.76% to reach nearly 41.43 million units by 2027.

 

Pakistan Rubber Tyre Market

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Rise in Vehicle Ownership is Augmenting the Market Growth of Rubber Tyres in Pakistan

The Pakistan rubber tyre industry is witnessing growth on account of increased vehicle ownership in the country. This can be attributed to the various infrastructural and macroeconomic reforms undertaken by the governing agencies in Pakistan, which is pushing the market growth of various industries, including the automotive and tyre industries. In addition to this, vehicle manufacturing has increased in recent years in Pakistan due to the growing consumer preference for advanced features like advanced driving assistance system (ADAS) along with other features. This has been incrementing the demand for tyres, thereby augmenting the growth of the market. Furthermore, the rise in the number of electronic vehicles in Pakistan on account of favourable government policies to promote sustainability is another key factor invigorating the growth of the market.

 

Rubber Tyre: Market Segmentation

Rubber tyres represent a significant component in automobiles that aid in transferring a load of a vehicle from the axle to the ground.

 

Pakistan Rubber Tyre Market By Type

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Based on vehicle type, the market can be divided into:

  • Two-Wheeler and Three Wheeler Tyres
  • Passenger Cars and Light Truck Tyres
  • Heavy Commercial and OTR Tyres

On the basis of segment, the market can be categorised into:

  • OEM
  • Replacement

The market, based on market type, can be segmented into:

  • Legitimate Market
  • Grey Market

On the basis of design, the market can be classified into:

  • Radial
  • Bias

Based on type, the market can be segmented into:

  • Tube Tyres
  • Tubeless Tyres

The EMR report looks into the regional markets of rubber tyre in Pakistan like Sindh, Punjab, Khyber Pakhtunkhwa, and Balochistan, among others.

 

Pakistan Rubber Tyre Market By Region

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Supportive Government Policies to Promote Domestic Manufacturers to Push the Market Growth

In line with increased demand for tyres, the Pakistani rubber tyre industry is witnessing growth due to robust local and foreign investments. In addition to this, the robust competition in terms of strong penetration of leading tyre manufacturers in the region is promoting the adoption of advanced technology to increase the life cycle of tyres in a cost-friendly manner, which is contributing to the growth of the market. Additionally, the growing preference for nitrogen gas in car tyres to produce sustainable and durable tyres is providing impetus to the Pakistan rubber tyre industry. Furthermore, supportive government policies, such as the imposition of taxes on imports to support domestic manufacturers, is boosting the growth of the market.

 

Key Industry Players in the Pakistan Rubber Tyre Market

The report presents a detailed analysis of the following key players in the Pakistan rubber tyre market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • General Tyre and Rubber Co. Ltd.
  • Panther Tyres Limited
  • Diamond Tyres Limited
  • Ghauri Tyre and Tube Pvt. Limited
  • Others

The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

REPORT FEATURES DETAILS
Base Year 2021
Historical Period 2017-2021
Forecast Period 2022-2027
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Vehicle Type, Segment, Market Type, Design, Type, Region
Breakup by Vehicle Type Two-Wheeler and Three Wheeler Tyres, Passenger Cars and Light Truck Tyres, Heavy Commercial and OTR Tyres
Breakup by Segment OEM, Replacement
Breakup by Market Type Legitimate Market, Grey Market
Breakup by Design Radial Tyre, Bias Tyre
Breakup by Type Tube Tyres, Tubeless Tyres
Breakup by Region Sindh, Punjab, Khyber Pakhtunkhwa, Balochistan, Others
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Trade Data Analysis Major Importing Countries by Value and Volume, Major Exporting Countries by Value and Volume
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered General Tyre and Rubber Co. Ltd., Panther Tyres Limited, Diamond Tyres Limited, Ghauri Tyre and Tube Pvt. Limited, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always strive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Pakistan
7    Industry Opportunities and Challenges
8    Pakistan Rubber Tyre Market Analysis

    8.1    Key Industry Highlights
    8.2    Pakistan Rubber Tyre Historical Market (2017-2021) 
    8.3    Pakistan Rubber Tyre Market Forecast (2022-2027)
    8.4    Pakistan Rubber Tyre Market by Vehicle Type
        8.4.1    Two-Wheeler and Three Wheeler Tyres
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    Passenger Cars and Light Truck Tyres
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
        8.4.3    Heavy Commercial and OTR Tyres
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2017-2021)
            8.4.3.3    Forecast Trend (2022-2027)
    8.5    Pakistan Rubber Tyre Market by Segment
        8.5.1    OEM
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2017-2021)
            8.5.1.3    Forecast Trend (2022-2027)
        8.5.2    Replacement
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2017-2021)
            8.5.2.3    Forecast Trend (2022-2027)
    8.6    Pakistan Rubber Tyre Market by Market Type
        8.6.1    Legitimate Market
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2017-2021)
            8.6.1.3    Forecast Trend (2022-2027)
        8.6.2    Grey Market
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2017-2021)
            8.6.2.3    Forecast Trend (2022-2027)
    8.7    Pakistan Rubber Tyre Market by Design
        8.7.1    Radial
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2017-2021)
            8.7.1.3    Forecast Trend (2022-2027)
        8.7.2    Bias
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2017-2021)
            8.7.2.3    Forecast Trend (2022-2027)
    8.8    Pakistan Rubber Tyre Market by Type
        8.8.1    Tube Tyres
            8.8.1.1    Market Share
            8.8.1.2    Historical Trend (2017-2021)
            8.8.1.3    Forecast Trend (2022-2027)
        8.8.2    Tubeless Tyres
            8.8.2.1    Market Share
            8.8.2.2    Historical Trend (2017-2021)
            8.8.2.3    Forecast Trend (2022-2027)
    8.9    Pakistan Rubber Tyre Market by Region
        8.9.1    Market Share
            8.9.1.1    Sindh
            8.9.1.2    Punjab
            8.9.1.3    Khyber Pakhtunkhwa
            8.9.1.4    Balochistan
            8.9.1.5    Others
9    Regional Analysis
    9.1    Sindh
        9.1.1    Historical Trend (2017-2021)
        9.1.2    Forecast Trend (2022-2027)
    9.2    Punjab
        9.2.1    Historical Trend (2017-2021)
        9.2.2    Forecast Trend (2022-2027)
    9.3    Khyber Pakhtunkhwa
        9.3.1    Historical Trend (2017-2021)
        9.3.2    Forecast Trend (2022-2027)
    9.4    Balochistan
        9.4.1    Historical Trend (2017-2021)
        9.4.2    Forecast Trend (2022-2027)
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyers Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    Key Indicators for Demand
    10.4    Key Indicators for Price
11    Value Chain Analysis
12    Trade Data Analysis

    12.1    Major Exporting Countries
        12.1.1    By Value
        12.1.2    By Volume
    12.2    Major Importing Countries
        12.2.1    By Value
        12.2.2    By Volume
13    Foreign Direct Investment in Pakistan
14    Manufacturing Process

    14.1    Overview
    14.2    Detailed Process Flow
    14.3    Mass Balance and Raw Material Requirements
15    Project Details and Cost Analysis
    15.1    Land, Location and Site Development
    15.2    Plant Machinery
    15.3    Cost of Raw Material
    15.4    Packaging
    15.5    Transportation
    15.6    Utilities
    15.7    Manpower
    15.8    Other Capital Investment
16    Competitive Landscape
    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    General Tyre and Rubber Co. Ltd.
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    Panther Tyres Limited
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Diamond Tyres Limited
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    Ghauri Tyre and Tube Pvt. Limited
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    Others
17    Industry Events and Developments

 

List of Key Figures and Tables

1.    Pakistan Rubber Tyre Market: Key Industry Highlights, 2017 and 2027
2.    Pakistan Rubber Tyre Historical Market: Breakup by Vehicle Type (Million Units), 2017-2021
3.    Pakistan Rubber Tyre Market Forecast: Breakup by Vehicle Type (Million Units), 2022-2027
4.    Pakistan Rubber Tyre Historical Market: Breakup by Segment (Million Units), 2017-2021
5.    Pakistan Rubber Tyre Market Forecast: Breakup by Segment (Million Units), 2022-2027
6.    Pakistan Rubber Tyre Historical Market: Breakup by Market Type (Million Units), 2017-2021
7.    Pakistan Rubber Tyre Market Forecast: Breakup by by Market Type (Million Units), 2022-2027
8.    Pakistan Rubber Tyre Historical Market: Breakup by Design (Million Units), 2017-2021
9.    Pakistan Rubber Tyre Market Forecast: Breakup by Design (Million Units), 2022-2027
10.    Pakistan Rubber Tyre Historical Market: Breakup by Type (Million Units), 2017-2021
11.    Pakistan Rubber Tyre Market Forecast: Breakup by Type (Million Units), 2022-2027
12.    Pakistan Rubber Tyre Historical Market: Breakup by Region (Million Units), 2017-2021
13.    Pakistan Rubber Tyre Market Forecast: Breakup by Region (Million Units), 2022-2027
14.    Major Importing Countries by Volume
15.    Major Exporting Countries by Volume
16.    Major Importing Countries by Value
17.    Major Exporting Countries by Value
18.    Pakistan Rubber Tyre Market Structure

Key Questions Answered in the Report

In 2021, the Pakistan rubber tyre market attained a volume of nearly 25.03 million units.

The market is projected to grow at a CAGR of 8.76% between 2022 and 2027.

The market is estimated to witness a healthy growth in the forecast period of 2022-2027 to reach about 41.43 million units by 2027.

The market is being driven by the rising ownership of vehicles owing to advanced vehicular technology and the introduction of electronic vehicles.

The market growth can be associated with the improved technology to increase the durability and lifespan of tyres, supporting government policies, and increasing investments in the industry.

The major regions in the industry in Pakistan are Sindh, Punjab, Khyber Pakhtunkhwa, and Balochistan, among others.

The major types of rubber tyres are two-wheeler and three wheeler tyres, passenger cars and light truck tyres, and heavy commercial and OTR tyres.

The major segments of rubber tyres are OEM and replacement.

The different market types of rubber tyres are legitimate market and grey market.

The various designs of rubber tyres are radial and bias.

The significant types of rubber tyres are tube tyres and tubeless tyres.

The major players in the industry are General Tyre and Rubber Co. Ltd., Panther Tyres Limited, Diamond Tyres Limited, and Ghauri Tyre and Tube Pvt. Limited, among others.

Analyst Review

The Pakistan rubber tyre market attained a volume of nearly 25.03 million units in 2021, driven by increasing vehicle ownership in Pakistan. Aided by favourable government policies, the market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 8.76%. The market is projected to reach about 41.43 million units by 2027.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. On the basis of vehicle type, the market can be segmented into two-wheeler and three wheeler tyres, passenger cars and light truck tyres, and heavy commercial and OTR tyres. The market, based on segment, can be classified into OEM and replacement. Based on market type, the market can be divided into legitimate market and grey market. Based on design, the market can be categorised into radial and bias. The market, based on type, can be divided into tube tyres and tubeless tyres. The major regional markets for rubber tyre in Pakistan are Sindh, Punjab, Khyber Pakhtunkhwa, and Balochistan, among others. The key players in the above market include General Tyre and Rubber Co. Ltd., Panther Tyres Limited, Diamond Tyres Limited, and Ghauri Tyre and Tube Pvt. Limited, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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