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Tyre Manufacturing in Germany - Market Research Report (2014-2029)

Veton Hoxhaj Veton Hoxhaj Frankfurt, Germany Last Updated: July 2024 WZ C22.11DE

Revenue

€10.3bn

2024

€10.3bn

Past 5-Year Growth

Profit

€XXX.Xm

Employees

22,030

Businesses

19

Wages

€X.Xbn

Tyre Manufacturing in Germany industry analysis

The industry is operating in a difficult market environment with many globally active competitors, to which German tyre manufacturers are increasingly responding by outsourcing. New demands are also constantly being placed on tyre manufacturers and their products. Tyre performance and safety determine the new developments of industry players. Over the past five years, the tyre manufacturing industry has recorded an average annual decline in sales of 0.1%. The pandemic led to a slump in demand among vehicle manufacturers, who had to contend with enormous sales problems and production restrictions due to supply bottlenecks, primarily in 2020 and 2021, and therefore required significantly fewer tyres for the original equipment of vehicles. < />In 2024, the industry is likely to benefit from the further increase in the number of registered cars in Germany, which should at least partially offset the loss of sales caused by the drop in demand for tyres from vehicle manufacturers. However, primarily private individuals are likely to drive their own cars less than in the pre-crisis year of 2019, partly due to the expected continued high price of crude oil, which will also reduce tyre wear. The global trend in oil and commodity prices is causing uncertainty for many companies, which is having a direct impact on sales. Industry turnover of €10.3 billion is expected for the current year, which corresponds to an increase of 3.1% compared to the previous year.By 2029, manufacturers are likely to focus on optimised rolling in addition to improving tyre performance. IBISWorld expects turnover to increase by an average of 4.2% per year over the next five years, meaning that industry turnover is likely to reach 12.6 billion euros in 2029. The fact that the outsourcing efforts of tyre manufacturers still represented with production facilities in Germany are likely to increase as a result of the current crises is likely to have a negative impact on Germany as a business location. As a result, the number of companies and employees in the industry is also likely to fall.

Trends and Insights

  • The increasing price pressure from tyres produced abroad has led to site closures and job cuts. The coronavirus crisis has further accelerated this restructuring process.
  • The slump in freight traffic during the pandemic led to a sharp decline in demand for tyres for commercial vehicles. Even outside of the pandemic, sales in this segment are stagnating due to the improved mileage of truck tyres.
  • Many smaller companies have settled in the eastern region. These are mostly active in the retreading of truck tyres.
  • Tyre manufacturers are experiencing increasing competition from foreign suppliers. Due to lower operating costs, they are often able to offer their products at lower prices.

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  • Market estimates from 2014-2029
  • Critical performance data and rankings
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Industry Statistics and Trends

Market size and recent performance (2014-2029)

Industry revenue has declined at a CAGR of 0.1 % over the past five years, to reach an estimated €10.3bn in 2024.

Trends and Insights

Supply chain problems have interrupted the growth of the original equipment business

  • The vehicles produced by vehicle manufacturers are delivered with a standard set of tyres. For a tyre manufacturer, a supply contract with a vehicle manufacturer therefore usually involves a high sales volume, which is why such supply contracts are key success factors in the industry. After the original equipment has been fitted, relatively few new tyres are purchased for the vehicles.
  • Additional trends and insights available with purchase
Tyre Manufacturing in Germany
Revenue (2014-2029)
IBISWorld Logo Source: IBISWorld

Industry outlook (2024-2029)

Market size is projected to grow over the next five years.

Trends and Insights

Biggest companies in the Tyre Manufacturing in Germany

Company
Market Share (%)
2024
Revenue (€m)
2024
Continental AG
3,519.0
Michelin Reifenwerke AG & Co. KGaA
1,876.2
Deutsche Pirelli Reifen Holding GmbH
827.2

To view the market share and analysis for all 5 top companies in this industry, view purchase options.

Products & Services Segmentation

Tyre Manufacturing in Germany
Products & Services
IBISWorld Logo Source: IBISWorld

Industry revenue is measured across several distinct product and services lines, including Tyres for passenger cars, Tyres for commercial vehicles and Tyres for two-wheelers. Tyres for passenger cars is the largest segment of the Tyre Manufacturing in Germany.

Trends and Insights

The increasing use of all-season tyres is reducing sales of car tyres

  • Rubber tyres for passenger cars, including station wagons and racing cars, account for the largest share of total industry sales. Industry players produce both summer and winter tyres as well as all-season tyres.
  • More insights available in the full report

Table of Contents

About this industry

Industry definition

Companies involved in the manufacture of tyres produce rubber tyres, inner tubes and interchangeable tyre treads for means of transport, appliances, toys and furniture, among other things. Furthermore, industry participants are dedicated to the retreading of tyres. This does not include the repair and manufacture of repair materials, fitting and changing of tyres and hoses.

What's included in this industry?

Tyres for passenger carsTyres for commercial vehiclesTyres for two-wheelersRetreaded tyres

Companies

Continental AGMichelin Reifenwerke AG & Co. KGaADeutsche Pirelli Reifen Holding GmbH

Purchase this report to view all 5 major companies in this industry.

Related Terms

CASHKAUTSCHUKINDUSTRY 4.0NEW APPROVALRUNNING PERFORMANCESTEELCORDORIGINAL EQUIPMENTREPLACEMENT BUSINESS

Industry Code

WZ 2008

WZ 22.11 - Tyre Manufacturing in Germany

Performance

Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.

Analyst insights

The increasing price pressure from tyres produced abroad has led to site closures and job cuts. The coronavirus crisis has further accelerated this restructuring process.

In this chapter (4)

  • Current Performance
  • Outlook
  • Volatility
  • Life Cycle

Key metrics

  • Annual Revenue, Recent Growth, Forecast, Revenue Volatility
  • Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
  • Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
  • Total Profit, Profit Margin, Profit per Business

Charts

  • Revenue, including historical (2014-2023) and forecast (2024-2029)
  • Employees, including historical (2014-2023) and forecast (2024-2029)
  • Businesses, including historical (2014-2023) and forecast (2024-2029)
  • Profit, including historical (2014-2024)
  • Industry Volatility vs. Revenue Growth
  • Industry Life Cycle

Detailed analysis

  • Trends in supply, demand and current events that are driving current industry performance
  • Expected trends, economic factors and ongoing events that drive the industry's outlook
  • Key success factors for businesses to overcome volatility
  • How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.

Products and Markets

Learn about an industry's products and services, markets and trends in international trade.

Analyst insight

The slump in freight traffic during the pandemic led to a sharp decline in demand for tyres for commercial vehicles. Even outside of the pandemic, sales in this segment are s...

In this chapter

  • Products & Services
  • Major Markets
  • International Trade

Key metrics

  • Largest market segment and value in 2024
  • Product innovation level
  • Total imports, level and trend
  • Total exports, level and trend
  • Trade Balance

Charts

  • Products & services segmentation in 2024
  • Major market segmentation in 2024
  • International trade, including imports by country and exports by country

Detailed analysis

  • Trends impacting the recent performance of the industry's various segments
  • Innovations in the industry's product or service offering, specialization or delivery method
  • Key factors that successful businesses consider in their offerings
  • Buying segments and key trends influencing demand for industry products and services
  • Recent trends in import and export volumes, country of origin or destination, and expected future trends

Geographic Breakdown

Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.

Analyst insights

Many smaller companies have settled in the eastern region. These are mostly active in the retreading of truck tyres.

In this chapter (1)

  • Business Locations

Charts

  • Share of revenue, establishment, wages and employment in each region
  • Share of population compared to establishments in each region in 2024

Tables

  • Number and share of establishments in each region in 2024
  • Number and share of revenue each region accounts for in 2024
  • Number and share of wages each region accounts for in 2024
  • Number and share of employees in each region in 2024

Detailed analysis

  • Geographic spread of the industry across Europe, and trends associated with changes in the business landscape
  • Key success factors for businesses to use location to their advantage

Competitive Forces

Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.

Analyst insights

Tyre manufacturers are experiencing increasing competition from foreign suppliers. Due to lower operating costs, they are often able to offer their products at lower prices.

In this chapter (4)

  • Concentration
  • Barriers to Entry
  • Substitutes
  • Buyer & Supplier Analysis

Key metrics

  • Industry concentration level
  • Industry competition level and trend
  • Barriers to entry level and trend
  • Substitutes level and trend
  • Buyer power level and trend
  • Supplier power level and trend

Charts

  • Market share concentration among the top 4 suppliers from 2019-2024
  • Supply chain including upstream supplying industries and downstream buying industries, flow chart

Detailed analysis

  • Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
  • Key success factors for businesses to manage the competitive environment of the industry.
  • Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
  • Key success factors for potential entrants to overcome barriers to entry.
  • Competitive threats from potential substitutes for the industry’s own products and services.
  • Key success factors for how successful businesses can compete with substitutes.
  • Advantages that buyers have to keep favorable purchasing conditions.
  • Advantages that suppliers have to maintain favorable selling conditions.
  • Key success factors for how businesses can navigate buyer and supplier power.

Companies

Learn about the performance of the top companies in the industry.

Analyst insights

In the wake of weak sales performance, Continental has had to cut jobs. The company recently suffered from the consequences of the coronavirus crisis and the loss of a major ...

In this chapter

  • Market Share Concentration
  • Companies
  • Company Spotlights

Charts

  • Industry market share by company in 2020 through 2024
  • Major companies in the industry, including market share, revenue, profit and profit margin in 2024
  • Overview of Continental AG's performance by revenue, market share and profit margin from 2018 through 2024
  • Overview of Michelin Reifenwerke AG & Co. KGaA's performance by revenue, market share and profit margin from 2018 through 2024
  • Overview of Deutsche Pirelli Reifen Holding GmbH's performance by revenue, market share and profit margin from 2018 through 2024
  • Overview of revenue, market share and profit margin trend for 2 additional companies

Detailed analysis

  • Description and key data for Continental AG, and factors influencing its performance in the industry
  • Description and key data for Michelin Reifenwerke AG & Co. KGaA, and factors influencing its performance in the industry
  • Description and key data for Deutsche Pirelli Reifen Holding GmbH, and factors influencing its performance in the industry
  • Description, key data and performance trends for 2 additional companies

External Environment

Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.   

Analyst insights

The recovery of the automotive industry from the consequences of the pandemic offers tyre manufacturers sales potential. If the production of new cars increases, the demand f...

In this chapter

  • External Drivers
  • Regulation & Policy
  • Assistance

Key metrics

  • Regulation & policy level and trend
  • Assistance level and trend

Charts

  • Regulation & Policy historical data and forecast (2014-2029) 
  • Assistance historical data and forecast (2014-2029) 

Detailed analysis

  • Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
  • Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
  • Key governmental and non-governmental groups or policies that may provide some relief for industry operators.

Financial Benchmarks

View average costs for industry operators and compare financial data against an industry's financial benchmarks over time. 

Analyst insights

Rising raw material and energy prices have caused profit margins to fall. The increased production costs could only be passed on to customers to a limited extent due to price...

In this chapter

  • Cost Structure
  • Financial Ratios
  • Key Ratios

Key metrics

  • Profit margin, and how it compares to the sector-wide margin
  • Average wages, and how it compares to the sector-wide average wage
  • Largest cost component as a percentage of revenue
  • Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio

Charts

  • Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
  • Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
  • Investment vs. share of economy

Data tables

  • Cash Flow & Debt Service Ratios (2014-2029)
  • Revenue per Employee (2014-2029)
  • Revenue per Enterprise (2014-2029)
  • Employees per Establishment (2014-2029)
  • Employees per Enterprise (2014-2029)
  • Average Wage (2014-2029)
  • Wages/Revenue (2014-2029)
  • Establishments per Enterprise (2014-2029)
  • IVA/Revenue (2014-2029)
  • Imports/Demand (2014-2029)
  • Exports/Revenue (2014-2029)

Detailed analysis

  • Trends in the cost component for industry operators and their impact on industry costs and profitability 

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2014-2029)
  • IVA (2014-2029)
  • Establishments (2014-2029)
  • Enterprises (2014-2029)
  • Employment (2014-2029)
  • Exports (2014-2029)
  • Imports (2014-2029)
  • Wages (2014-2029)

Top Questions Answered

Unlock comprehensive answers and precise data upon purchase. View purchase options.

What is the market size of the Tyre Manufacturing industry in Germany in 2024?

The market size of the Tyre Manufacturing industry in Germany is €10.3bn in 2024.

How many businesses are there in the Tyre Manufacturing in Germany industry in 2024?

There are 19 businesses in the Tyre Manufacturing industry in Germany, which has declined at a CAGR of 0.0 % between 2019 and 2024.

Has the Tyre Manufacturing industry in Germany grown or declined over the past 5 years?

The market size of the Tyre Manufacturing industry in Germany has been declining at a CAGR of 0.1 % between 2019 and 2024.

What is the forecast growth of the Tyre Manufacturing industry in Germany over the next 5 years?

Over the next five years, the Tyre Manufacturing industry in Germany is expected to grow.

What are the biggest companies in the Tyre Manufacturing market in Germany?

The biggest companies operating in the Tyre Manufacturing market in Germany are Continental AG, Michelin Reifenwerke AG & Co. KGaA and Deutsche Pirelli Reifen Holding GmbH

What does the Tyre Manufacturing in Germany include?

Tyres for passenger cars and Tyres for commercial vehicles are part of the Tyre Manufacturing industry.

Which companies have the highest market share in the Tyre Manufacturing in Germany?

The company holding the most market share in Germany is Continental AG.

How competitive is the Tyre Manufacturing industry in Germany?

The level of competition is moderate and increasing in the Tyre Manufacturing industry in Germany.

Related Industries

Widen your competitive advantage with related industries

Competitors

  • There are no industries to display.

Complementors

  • Motor Vehicle Parts & Accessories Manufacturing in Germany

International industries

  • Tire Manufacturing in the US
  • Tire Manufacturing in Canada
  • Tyre Manufacturing in the UK
  • Tire Manufacturing in China
  • Rubber Product Manufacturing in Mexico

View all industries in Germany

Methodology

How are IBISWorld reports created?

IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.

Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.

IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.

What data sources do IBISWorld analysts use?

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.

Key data sources in Germany include:

  • German Federal Statistics Office (Destatis)
  • European Statistics Office (Eurostat)
  • United Nations Comtrade

Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.

These sources include:

  • Industry and trade associations
  • Industry federations or regulators
  • Major industry players annual or quarterly filings

Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.

How does IBISWorld forecast its data?

IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.

Learn more about our methodology and data sourcing on the Help Center.