Tire Retail Market Is Anticipated to Witness High Growth Owing to Expanding Automotive Production

The Global Tire Retail Market is estimated to be valued at US$ 224.52 Bn in 2025 and is expected to exhibit a CAGR of 4.7% over the forecast period 2025 to 2032.
The tire retail market encompasses the sale of new and replacement tires for passenger cars, light commercial vehicles, trucks, buses, and specialty equipment through brick-and-mortar outlets, e-commerce platforms, and direct-to-consumer channels. These products include all-season, winter, summer, and performance tires, each designed to deliver optimal grip, fuel efficiency, and longevity in diverse road conditions. Advanced tire blends and tread patterns offer enhanced safety, reduced rolling resistance, and lower noise levels, addressing evolving market trends toward sustainability and performance.
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