Port & Industrial Tire Market Report 2026

The port & industrial tire market size has grown strongly in recent years. It will grow from $8.98 billion in 2025 to $9.54 billion in 2026 at a compound annual growth rate (CAGR) of 6.2%. The growth in the historic period can be attributed to growth of global trade volumes, expansion of port infrastructure, increased container handling activities, demand for durable industrial equipment, reliance on ic engine forklifts.

The port & industrial tire market size is expected to see strong growth in the next few years. It will grow to $12.39 billion in 2030 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period can be attributed to growth of automated ports, expansion of electric material handling equipment, demand for low maintenance tires, investment in smart logistics hubs, focus on operational efficiency. Major trends in the forecast period include rising demand for heavy load bearing tires, expansion of port automation equipment, growing adoption of solid and pu tires, focus on extended tire life cycles, increased use in electric industrial vehicles.

The rise in import and export activities is expected to drive the growth of the port and industrial tire market in the coming years. Exporting involves selling goods and services to foreign countries, while importing refers to bringing products from abroad into a domestic market. Port and industrial tires are mainly used for material handling and the movement of shipments within port environments, where durable and high-performance tires are essential to support global trade operations. For example, in 2023, according to UNCTADstat, a United Nations-based global maritime data hub, global container port throughput reached 858 million TEUs, reflecting a slight increase of around 0.5% compared with 2022. Therefore, the growth in import and export activities is contributing to the expansion of the port and industrial tire market.

Major companies operating in the port and industrial tire market are concentrating on developing advanced solutions such as radial tires to enhance strength, performance, and operational efficiency, thereby reinforcing their market position. Radial tires are characterized by tire plies arranged perpendicularly, extending from one bead of the sidewall to the other, which improves load distribution and durability. For instance, in April 2023, Bridgestone Americas, Inc., a US-based manufacturer of tire and rubber products for original equipment and replacement markets, introduced the V-Steel Port Container Straddle (VPCS) radial tire designed for straddle carriers used in intermodal yards and port terminals. This tire offers improved strength, performance, and efficiency, with enhanced load capacity, speed rating, and durability engineered to deliver a longer service life and more efficient operations. The VPCS tire is designed to help port operators extend equipment operating hours, providing greater load capacity and durability compared with the previous generation of Bridgestone port tires.

In May 2023, The Yokohama Rubber Co., Ltd., a Japan-based supplier of tires for passenger, commercial, agricultural, and industrial and off-highway applications, acquired Trelleborg Wheel Systems Holding AB for an undisclosed amount. Through this acquisition, Yokohama aims to expand and strengthen its global off-highway tire business, particularly in agricultural and industrial machinery tires, enabling greater product diversification and increased presence in industrial tire markets. Trelleborg Wheel Systems Holding AB is a Sweden-based manufacturer specializing in tires for agricultural and industrial equipment.

Major companies operating in the port & industrial tire market report include Continental AG, Cheng Shin Rubber Industry Co. Ltd., Camso Tire Inc., The Goodyear Tire and Rubber Company, Nokian Tyres PLC, Bridgestone Corporation, Balkrishna Industries Limited, Michelin & Cie Cie en Commandite par Actions, ATG Tires Inc., Firestone Tire and Rubber Company, Xuzhou Armor Rubber Company Limited, Maxxis International Co. Ltd., Sumitomo Rubber Industries Ltd., Titan Company Limited, Trelleborg AB, Advance Tire Co. Ltd., Hankook Tire & Rubber Co. Ltd., Cooper Tire & Rubber Company, Yokohama Rubber Co. Ltd., Pirelli & C. S.p.A., Toyo Tire & Rubber Co. Ltd., Kumho Tire Co. Inc., Giti Tire Co. Ltd., Linglong Tire Co. Ltd., Double Coin Holdings Ltd.

Asia-Pacific was the largest region in the port and industrial tires market in 2025. The regions covered in the port & industrial tire market report include Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the port & industrial tire market report include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The port and industrial tire market consists of sales of rubber tires, radial tires, bias tires, and press-on-band tires. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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