These tire market statistics highlight the latest available figures on global market size, U.S. tire shipments, replacement demand, European market recovery, and the ongoing shift toward premium and larger-rim tire categories.
The global tire market was valued at $282 billion in 2025 and is forecast to reach $367 billion by 2030.
Smithers expects global tire shipments to exceed 3.1 billion units by 2030.
Passenger light truck tires account for 67.6% of global tire demand by volume in 2025.
Motorcycle tires represent 21.3% of global volume demand, while truck and bus radials account for 9.0%.
Premium specialized road tires make up 21.5% of global tire volume demand in 2025 and are projected to grow at 10.0% annually through 2030.
USTMA projected total U.S. tire shipments at 340.2 million units in 2025, up from 337.3 million in 2024.
Replacement tires account for 286.2 million of the 340.2 million U.S. units projected for 2025, equal to 84.13% of total shipments.
Passenger replacement tires are the largest U.S. category at 224.2 million units in 2025.
Truck replacement tire shipments in the U.S. are projected at 24.3 million units in 2025, up 28.2% versus 2019.
U.S. tire manufacturing has an annual economic footprint of $170.6 billion and supports more than 291,000 direct jobs in manufacturing, distribution, and retailing.
Tyres Europe said full-year 2024 consumer replacement tire volumes were still 3.5% below 2019 levels, while truck tires remained 10.3% below 2019.
Michelin said 18-inch and larger tires reached 68% of MICHELIN-brand passenger car tire sales in 2025.
Bridgestone said 18-inch-and-above replacement tires in North America and Europe rose from 44% in 2024 to 46% in 2025.
Pirelli’s high-value revenue share rose from 76% in 2024 to 79% in 2025.
Smithers estimates the global tire market reached $282 billion in 2025 and projects it to grow to $367 billion by 2030. That reflects continued expansion in premium tires, EV-oriented products, and higher-value replacement demand.
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Value
2025
$282B
2030
$367B
Max = $367B. Widths: 2025 76.84%, 2030 100.00%
Global Tire Demand by Segment
Passenger light truck tires remain the largest part of the market by volume. Smithers says they account for more than two thirds of global demand in 2025, far ahead of motorcycle tires and truck and bus radials.
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Value
Passenger light truck
67.6%
Motorcycle
21.3%
Truck and bus radials
9.0%
Max = 67.6%. Widths: Passenger light truck 100.00%, Motorcycle 31.51%, Truck and bus radials 13.31%
U.S. Tire Shipment Statistics
The U.S. market remains large and stable. USTMA projects total tire shipments at 340.2 million units in 2025, slightly above 337.3 million in 2024 and above the 332.7 million units recorded in 2019.
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Value
2019
332.7M
2024
337.3M
2025
340.2M
Max = 340.2M. Widths: 2019 97.80%, 2024 99.15%, 2025 100.00%
U.S. Tire Shipment Mix in 2025
Replacement demand drives the U.S. market. Using USTMA’s 2025 forecast, replacement categories total 286.2 million units, which is 84.13% of all projected shipments, while original equipment totals 54.1 million units, or 15.90%.
Tyres Europe reported that full-year 2024 replacement volumes improved from the weak 2023 base, but the market had not fully returned to pre-pandemic levels. Consumer tires remained 3.5% below 2019 volumes, while truck tires were still 10.3% below 2019.
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Value
Consumer gap vs 2019
-3.5%
Truck gap vs 2019
-10.3%
Max = 10.3 percentage points. Widths: Consumer gap vs 2019 33.98%, Truck gap vs 2019 100.00%
Premium Tire Market Indicators
Premiumization remains one of the clearest structural trends in the tire market. Michelin, Bridgestone, and Pirelli all reported stronger mixes in larger-rim or higher-value categories, showing where pricing power and product investment are concentrated.
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Michelin 18-inch+ passenger car tire sales share, 2025
The tire market is still growing, but growth is increasingly tied to mix rather than just raw unit expansion. Premium, larger-rim, EV-oriented, and specialized tires are attracting more investment and delivering stronger pricing than lower-tier commodity segments.
At the same time, replacement demand remains the market’s anchor. In the U.S., more than four out of five projected 2025 shipments are replacement tires, and Europe’s data shows that even when recovery is uneven, replacement channels still define the industry’s volume base.
Looking ahead, Michelin expects tire markets to remain broadly stable in 2026, with some weakness early in the year and relatively better B2B original equipment conditions later on. That suggests the near-term tire market outlook is more about mix, margins, and channel balance than about explosive unit growth.
