Tire Logistics Market will Reach 1.5 Billion USD by 2030, with a CAGR of 8%

HTF MI recently introduced Global Tire Logistics Market study with 143+ pages in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status (2024-2032). The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Kuehne+Nagel (Switzerland), CEVA Logistics (France), DHL Supply Chain (Germany), DB Schenker (Germany), GEODIS (France), J.B. Hunt Transport, Inc. (United States), Nippon Express USA (United States), Fast Logistics (United Arab Emirates), Ryder System, Inc. (United States), Hub Group, Inc. (United States), Expeditors International of Washington, Inc. (United States), Logistics Plus Inc. (United States).

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According to HTF Market Intelligence, the Global Tire Logistics market is expected to grow from 800 Million USD in 2023 to 1.5 Billion USD by 2030, with a CAGR of 8% from 2024 to 2030. The market is segmented by Global Tire Logistics Market Breakdown by Service Type (Warehousing and Storage, Transportation, Inventory Management, Packaging and Labeling, Others) by Tier Type (Passenger Car Tires, Commercial Vehicle Tires, Others) by Mode of Transportation (Road Transportation, Rail Transportation, Air Freight, Sea Freight) by End-User (OEMs, Aftermarket) and by Geography (North America, LATAM, West Europe, Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA).

Definition:

The term “tire logistics” describes the full coordination of the tire supply chain, encompassing procurement, manufacturing, distribution, storage, and delivery. It involves planning transportation to keep inventory levels stable and cut down on transportation expenses while getting goods from manufacturers to distributors, retailers, and final consumers. For tires to be supplied to automakers, dealerships, and service facilities on schedule, efficient tire logistics are crucial. It also addresses handling returns, recycling old tires, and reverse logistics. Tracking, automation, and real-time data analysis innovations are revolutionizing tire logistics by improving visibility, reducing carbon footprints, and boosting overall efficiency in the worldwide automotive supply chain.

Market Trends:

  • ●Smart Warehousing                                       
  • ●Adoption of Autonomous Vehicles

Market Drivers:

  • ●Growing Automotive Industry                       
  • ●Rising Demand for Replacement Tires:

Market Opportunities:

  • ●Advanced Warehousing Solutions                                                           
  • ●Integration with Automotive Services

Dominating Region:

  • North America, Europe

Fastest-Growing Region:

  • Asia-Pacific


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The titled segments and sub-section of the market are illuminated below:
In-depth analysis of Tire Logistics market segments by Types: Warehousing and Storage, Transportation, Inventory Management, Packaging and Labeling, Others
Detailed analysis of Tire Logistics market segments by Applications: Road Transportation, Rail Transportation, Air Freight, Sea Freight

Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:

  • The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
  • North America (United States, Mexico & Canada)
  • South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
  • Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
  • Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).


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Tire Logistics Market Research Objectives:
– Focuses on the key manufacturers, to define, pronounce and examine the value, sales volume, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
– To share comprehensive information about the key factors influencing the growth of the market (opportunities, drivers, growth potential, industry-specific challenges and risks).
– To analyze the with respect to individual future prospects, growth trends and their involvement to the total market.
– To analyze reasonable developments such as agreements, expansions new product launches, and acquisitions in the market.
– To deliberately profile the key players and systematically examine their growth strategies.

FIVE FORCES & PESTLE ANALYSIS:
In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
• Political (Political policy and stability as well as trade, fiscal, and taxation policies)
• Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
• Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
• Technological (Changes in digital or mobile technology, automation, research, and development)
• Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
• Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)


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Points Covered in Table of Content of Global Tire Logistics Market:

Chapter 01 – Tire Logistics Executive Summary

Chapter 02 – Market Overview

Chapter 03 – Key Success Factors

Chapter 04 – Global Tire Logistics Market – Pricing Analysis

Chapter 05 – Global Tire Logistics Market Background or History

Chapter 06 — Global Tire Logistics Market Segmentation (e.g. Type, Application)

Chapter 07 – Key and Emerging Countries Analysis Worldwide Tire Logistics Market

Chapter 08 – Global Tire Logistics Market Structure & worth Analysis

Chapter 09 – Global Tire Logistics Market Competitive Analysis & Challenges

Chapter 10 – Assumptions and Acronyms Chapter 11 – Tire Logistics Market Research Methodology

Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, LATAM, Europe, Japan, Australia or Southeast Asia.

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