Hungary Tire Market Forecast and Opportunities, 2021

  • ID: 4040201
  • Report
  • Region: Hungary
  • 103 pages
  • TechSci Research
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Hungary Tire Market is Projected to Grow at a CAGR of Over 9% During 2016-2021

FEATURED COMPANIES

  • Apollo Vredestein Kft.
  • Bridgestone Hungary Kft.
  • Continental Hungaria Kft.
  • Hankook Tire Hungary Ltd.
  • Kumho Tire Co., Inc
  • Nokian Tyres plc
  • MORE
Demand for tires in Hungary emanates from both OEM and replacement segments, due to the country’s expanding automobile fleet size and rising production of passenger cars and medium & heavy commercial vehicles. Additionally, rising disposable income of citizens, recovering economic conditions and rapid infrastructure developments are also anticipated to bolster growth in Hungary tire market in the coming years. In Hungary, Gross National Income reached USD12,980 in 2015, as per the World Bank. Moreover, growing population base coupled with booming tourism sector in the country is projected to drive growth in the country’s tire market during 2016-2021.

According to, “Hungary Tire Market Forecast & Opportunities, 2021’’, Hungary tire market is projected to grow at a CAGR of over 9% during 2016-2021, on account of growing demand for passenger car and commercial vehicle tires in the country. A major in the demand for tires in the country emanates from Central Hungary. Hungary tire market is dominated by passenger car segment, which accounts for more than four-fifths of the total tire demand in the country. Moreover, few of the leading global tire companies operating in Hungary include Goodyear, Bridgestone, Pirelli, Michelin, Continental, etc.

“Hungary Tire Market Forecast & Opportunities, 2021” report elaborates following aspects of tire market in the country:

- Hungary Tire Market Size, Share & Forecast
- Segmental Analysis - By Vehicle Type (Passenger Car Tires, Light Commercial Tires, Medium and Heavy Commercial Vehicle Tires, Off-The-Road (OTR) Tires & Two-Wheeler Tires), By Demand Category (OEM vs Replacement), By Radial Vs Bias
- 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 Hungary
- To identify the on-going trends and segment wise anticipated growth in the coming years
- To help industry consultants, tire 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 of 10% customization in the report without any extra charges and get 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 included interviews with vehicle manufactures, tire companies, distributors, retailers and industry experts. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Apollo Vredestein Kft.
  • Bridgestone Hungary Kft.
  • Continental Hungaria Kft.
  • Hankook Tire Hungary Ltd.
  • Kumho Tire Co., Inc
  • Nokian Tyres plc
  • MORE
1. Product Overview
2. Research Methodology
3. Analyst View
4. Hungary Tire Production Overview
5. Hungary Tire Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value & Volume
5.2. Market Share & Forecast
5.2.1. By Vehicle Type (Passenger Car (PC), Light Commercial Vehicle (LCV), Medium & Heavy Commercial Vehicle (M&HCV), Two-Wheeler (2W) & Off-The-Road(OTR))
5.2.2. By Company
5.2.3. By Region
5.2.4. By Demand Category (OEM Vs Replacement)
5.2.5. By Online Vs Offline
5.2.6. By Radial Vs Bias
5.3. Prominent Tire Sizes
5.4. Market Attractiveness Index, By Region
5.5. Market Attractiveness Index, By Vehicle Type
6. Hungary Passenger Car (PC) Tire Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Vehicle Type (Sedan, SUV & Hatchback)
6.2.2. By Demand Category (OEM Vs Replacement)
6.2.3. By Radial Vs Bias
7. Hungary Light Commercial Vehicle (LCV) Tire Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Vehicle Type (Light Truck & Light Bus)
7.2.2. By Demand Category (OEM Vs Replacement)
7.2.3. By Radial Vs Bias
8. Hungary Medium & Heavy Commercial Vehicle (M&HCV) Tire Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Vehicle Type (Truck & Bus)
8.2.2. By Demand Category (OEM Vs Replacement)
8.2.3. By Radial Vs Bias
9. Hungary Two-Wheeler (2W) Tire Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value & Volume
9.2. Market Share & Forecast
9.2.1. By Vehicle Type (Motorcycle & Scooters)
9.2.2. By Demand Category (OEM Vs Replacement)
9.2.3. By Radial Vs Bias
10. Hungary Off-the-Road (OTR) Tire Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value & Volume
10.2. Market Share & Forecast
10.2.1. By Vehicle Type (Industrial Equipment Vehicles & Agriculture Equipment Vehicles)
10.2.2. By Demand Category (OEM Vs Replacement)
10.2.3. By Radial Vs Bias
11. Import-Export Analysis
12. Market Dynamics
12.1. Drivers
12.2. Challenges
13. Market Trends & Developments
13.1. Growing Tire Radialization
13.2. Growing Penetration of Chinese Tires
13.3. Increasing Domestic Tire Production
13.4. Increasing Penetration of Online Tire Sales
13.5. Dominance of Passenger Car Segment
14. Policy & Regulatory Landscape
15. Hungary Economic Profile
16. Competitive Landscape
16.1. Hankook Tire Hungary Ltd.
16.2. Continental Hungaria Kft.
16.3. Michelin Hungaria Tyre Manufacture Ltd.
16.4. Goodyear Dunlop Tires Hungary Kft.
16.5. Bridgestone Hungary Kft.
16.6. Kumho Tire Co., Inc
16.7. Nokian Tyres plc
16.8. Cooper Tire & Rubber Company
16.9. Pirelli Hungary Tyre Trading and Services Ltd
16.10. Apollo Vredestein Kft.
17. Strategic Recommendations

List of Figures

Figure 1: Hungary Tire Market Size, By Value (USD Billion), By Volume (Million Unit), 2011-2021F
Figure 2: Prominent Drivers in Hungary Tire Market, 2011-2015
Figure 3: Hungary Tire ASP, 2011-2015 (USD)
Figure 4: Hungary Tire Market Share, By Vehicle Type, By Volume, 2011-2021F
Figure 5: Hungary Tire Market Share, By Company, By Volume, 2015-2021F
Figure 6: Hungary Tire Market Share, By Region, By Volume, 2015 & 2021F
Figure 7: Hungary Tire Market Share, By Region, By Volume, 2015-2021F
Figure 8: Hungary Tire Market Share, By Demand Category (OEM Vs Replacement), By Volume, 2011-2021F
Figure 9: Hungary Tire Market Share, By Online Vs Offline, By Value, 2015-2021F
Figure 10: Hungry Tire Market Share, By Radial Vs Bias, By Volume, 2015-2021F
Figure 11: Hungary Tire Market Attractiveness Index, By Region, By Volume, 2015-2021F
Figure 12: Hungary Tire Market Attractiveness Index, By Vehicle Type, By Volume, 2015-2021F
Figure 13: Hungary Passenger Car Tire Market Size, By Value (USD Billion), By Volume (Million Unit), 2011-2021F
Figure 14: Prominent Drivers in Hungary Passenger Car Tire Market, 2011-2015
Figure 15: Hungary Passenger Car Tire ASP, 2011-2015 (USD)
Figure 16: Prominent Drivers in Hungary Passenger Car Tire Market, 2016E-2021F
Figure 17: Hungary Passenger Car Tire Market Share, By Vehicle Type, By Volume, 2011-2021F
Figure 18: Hungary Passenger Car Tire Market Share, By Demand Category (OEM Vs Replacement), By Volume, 2011-2021F
Figure 19: Hungary Passenger Car Tire Market Share, By Radial Vs Bias, By Volume, 2015-2021F
Figure 20: Hungary Light Commercial Vehicle Tire Market Size, By Value (USD Billion), By Volume (Million Unit), 2011-2021F
Figure 21: Prominent Drivers in Hungary Light Commercial Vehicle Tire Market, 2011-2015
Figure 22: Hungary Light Commercial Vehicle Tire ASP, 2011-2015 (USD)
Figure 23: Prominent Drivers in Hungary Light Commercial Vehicle Tire Market, 2016E-2021F
Figure 24: Hungary Light Commercial Vehicle Tire Market Share, By Vehicle Type, By Volume, 2011-2021F
Figure 25: Hungary Light Commercial Vehicle Tire Market Share, By Demand Category (OEM Vs Replacement), By Volume, 2011-2021F
Figure 26: Hungary Light Commercial Vehicle Tire Market Share, By Radial Vs Bias, By Volume, 2015-2021F
Figure 27: Hungary Medium & Heavy Commercial Vehicle Tire Market Size, By Value (USD Billion), By Volume (Million Unit), 2011-2021F
Figure 28: Prominent Drivers in Hungary Medium & Heavy Commercial Vehicle Tire Market, 2011-2015
Figure 29: Hungary Medium & Heavy Commercial Vehicle Tire ASP, 2011-2015 (USD)
Figure 30: Prominent Drivers in Hungary Medium & Heavy Commercial Vehicle Tire Market, 2016E-2021F
Figure 31: Hungary Medium & Heavy Commercial Vehicle Tire Market Share, By Vehicle Type, By Volume, 2011-2021F
Figure 32: Hungary Medium & Heavy Commercial Vehicle Tire Market Share, By Demand Category (OEM Vs Replacement), By Volume, 2011-2021F
Figure 33: Hungary Medium & Heavy Commercial Vehicle Tire Market Share, By Radial Vs Bias, By Volume, 2015-2021F
Figure 34: Hungary Two-Wheeler Tire Market Size, By Value (USD Billion), By Volume (Million Unit), 2011-2021F
Figure 35: Prominent Drivers in Hungary Two-Wheeler Tire Market, 2016E-2021F
Figure 36: Hungary Two-Wheeler Tire Market Share, By Vehicle Type, By Volume, 2011-2021F
Figure 37: Hungary Two-Wheeler Tire Market Share, By Demand Category (OEM Vs Replacement), By Volume, 2011-2021F
Figure 38: Hungary Two-Wheeler Tire Market Share, By Radial Vs Bias, By Volume, 2015-2021F
Figure 39: Hungary OTR Tire Market Size, By Value (USD Billion), By Volume (Million Unit), 2011-2021F
Figure 40: Prominent Drivers in Hungary OTR Tire Market, 2016E-2021F
Figure 41: Hungary OTR Tire Market Share, By Vehicle Type, By Volume, 2011-2021F
Figure 42: Hungary OTR Tire Market Share, By Demand Category (OEM Vs Replacement), By Volume, 2011-2021F
Figure 43: Hungary OTR Tire Market Share, By Radial Vs Bias, By Volume, 2015-2021F
Figure 44: Hungary Passenger Car Production, 2011-2015 (Million Unit)

List of Tables

Table 1: Hungary Tire Production, By Company & Plant Location, 2014 (Million Units/Year OR Tonne/Year)
Table 2: Hungary Tire Market Share, By Vehicle Type, By Volume, 2011-2015 & 2021F (Million Unit)
Table 3: Hungary Tire Sales of Top 5 Companies, By Volume, 2015-2021F (Million Unit)
Table 4: Hungary Passenger Car Tire Market Size, By Vehicle Type, By Volume, 2011-2015 & 2021F (Million Unit)
Table 5: Hungary Light Commercial Vehicle Tire Market Size, By Vehicle Type, By Volume, 2011-2015 & 2021F (Million Unit)
Table 6: Hungary Medium & Heavy Tire Market Size, By Vehicle Type, By Volume, 2011-2015 & 2021F (Million Unit)
Table 7: Hungary Two-Wheeler Tire Market Size, By Vehicle Type, By Volume, 2011-2015 & 2021F (Million Unit)
Table 8: Hungary OTR Tire Market Size, By Vehicle Type, By Volume, 2011-2015 & 2021F (Million Unit)
Table 9: Hungary Tire Imports, By Vehicle Type, By Value, 2011-2015 (USD Million)
Table 10: Hungary Tire Exports, By Vehicle Type, By Value, 2011-2015 (USD Million)
Table 11: Hungary Automobile Fleet Size, By Vehicle Type, By Volume, 2011-2014 (Million Unit)
Table 12: Hungary Custom Duties on Tires Imports, As of 2014
Note: Product cover images may vary from those shown
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  • Apollo Vredestein Kft.
  • Bridgestone Hungary Kft.
  • Continental Hungaria Kft.
  • Cooper Tire & Rubber Company
  • Goodyear Dunlop Tires Hungary Kft.
  • Hankook Tire Hungary Ltd.
  • Kumho Tire Co., Inc
  • Michelin Hungaria Tyre Manufacture Ltd.
  • Nokian Tyres plc
  • Pirelli Hungary Tyre Trading and Services Ltd
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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