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Japan Tyre Market Forecast and Opportunities, 2020

Analysis - business reports

(Free Press Release) Bharat Book Bureau presents the new report, on “Japan Tyre Market Forecast and Opportunities, 2020”. According to “Japan Tyre Market Forecast & Opportunities, 2020”, Japan tyre market is estimated to surpass USD26 billion in 2015.

Japan Tyre Market Forecast and Opportunities, 2020


      

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Japan automotive industry is one of the most prominent and largest industries in the world. Around 9% of Japan’s working population is involved in auto-industry related work, either directly or indirectly. The country is home to four major tyre companies - Bridgestone Corporation, Sumitomo Rubber Industries, Toyo Tire & Rubber Company, and Yokohama Rubber Company, all of which specialize in manufacturing of tyres for a variety of vehicles. Due to exceptional performance of these companies at both domestic and global level, and development of new varieties of tyre, Japan tyre industry is growing at a significant pace. The country also hosts a number of large automobile manufacturers including Toyota, Honda, Daihatsu, Nissan, Suzuki, Mazda, Mitsubishi, Subaru, Isuzu, Kawasaki, Yamaha, and Mitsuoka. These companies hold a large share in global automotive market and are contributing to the surge in demand for tyres in Japan.

According to “Japan Tyre Market Forecast & Opportunities, 2020”, Japan tyre market is estimated to surpass USD26 billion in 2015. Growing demand for small & mini passenger cars, high vehicle ownership and increasing demand for better quality tyres would influence Japan tyre market over the next few years. Passenger car tyre market is the dominant segment in the country’s tyre market followed by light commercial vehicle tyre market and heavy commercial vehicle tyre market. Japan tyre market is predominantly a replacement driven market owing to large vehicle fleet and high vehicle ownership ratio. Prominent export markets for Japan tyre manufacturers are Europe, North America and Middle East. These regions account for more than half of the country’s total tyre exports. On the other hand, Japan imports most of its tyres from major tyre manufacturing Asian countries like Thailand, Indonesia and Malaysia. Kanto and Kansai regions of Japan held a cumulative market share of more than 45%, in volume terms in 2014. Both these regions have high population growth and economic concentration which makes them the largest contributors to tyre sales in Japan. Kanto and Kansai regions are expected to remain dominant in the market over the forecast period. “Japan Tyre Market Forecast and Opportunities, 2020” discusses the following aspects:

• Japan Tyre Market Size, Share & Forecast

• Segmental Analysis – Passenger Car Tyres, Commercial Vehicle Tyres, Motorcycle Tyres & OTR Tyres

• Import & Export Analysis

• Policy and Regulatory Landscape

• Changing Market Trends & Emerging Opportunities

• Competitive Landscape & Strategic Recommendations

Why You Should Buy This Report?

• To gain an in-depth understanding of tyre market in Japan

• To identify the on-going trends and segment wise anticipated growth in the next five years

• To help industry consultants, tyre 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 market players

• To avail 10% customization in the report without any extra charges and get the 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 tyre manufacturers, distributors, retailers and industry experts. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.

To view a full Executive Summary and Table of Contents, please visit: https://www.bharatbook.com/automotive-market-research-reports-324043/japan-tyre-forecast-opportunities.html

Related Reports  : https://www.bharatbook.com/industry-mfg-market-research-report/automotive.html

About Bharat Book Bureau :

Bharat Book Bureau is the leading market research information provider for market research reports, company profiles, industry analysis, country reports , business reports, newsletters and online databases Bharat Book Bureau provides over a million reports from more than 400 publishers around the globe. We cover sectors starting from Aeronautics to Zoology.

In case the reports don’t match your requirement then we can do a specialized Custom Research for you. Our multifarious capabilities, cross-sector expertise and detailed knowledge of various markets, put us in a unique position to take up Custom Research demands of yourself.

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Japan Tyre Market Forecast and Opportunities, 2020

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