Canada Tire Market Size, Growth, Share & Industry Worth By 2030

Canada Tire Market Research Report: Forecast (2025-2030)

Canada Tire Market Analysis - By Type of Vehicles (Passenger Car, Light Commercial Vehicle, Medium and Heavy Commercial Vehicles, Off the Road (OTR), Two Wheelers), By Demand Category (OEM and Replac... ... gory (OEM and Replacement), By Type of Tires (Radial and Bias), By Sales Channel (Dealer/Exclusive Outlets, Online and Others), By Season (All season, Summer), By Price Category (Budget, Economy, Premium), By Rim Diameter (Up to 12”, 12.1” to 15”, 15.1.” to 18”, 18.1” to 20”, 20.1” to 22.5”, 22.6” to 26”, 26.1” to 35”, 35.1” to 47”, Above 47”) and others Read more

Tire
Jun 2025
Pages 136
Report Format: PDF, Excel, PPT

Market Insights & Analysis: Canada Tire Market (2025-30):

The Canada Tire Market size was valued at around USD 7.84 billion in 2024 and is projected to reach USD 10.28 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 4.62% during the forecast period, i.e., 2025-30. Factors contributing to the market growth include rising aftermarket & E-commerce expansion, road infrastructure development & LCV sales growth, and rising adoption of electric vehicles. All these factors are augmenting the size & volume of the Canadian Tire Industry.

Moreover, the rise in light commercial vehicles (LCVs) due to e-commerce logistics has increased the need for high-durability tires. As LCVs operate in high-load conditions, they require regular tire replacements due to intensive usage. And, the expanding road infrastructure, especially in urban and suburban areas of the country further increasing the demand for reliable, high-endurance tires for covering long distances and varied terrains. Furthermore, the growing expansion in the automotive industry is creating an opportunity for the Canadian tire industry. As more vehicle production facilities are getting established, the need for high-performance and reliable tires is also rising to meet the requirements, such as enhanced traction, durability, and efficiency.

Report Coverage	Details
Historical Years	2020–23
Base Years	2024
Forecast Years	2025–30
Market Value in 2024	USD 7.84 Billion
Market Value by 2030	USD 10.28 Billion
CAGR (2025–30)	4.62%
Top Key Players	Continental Tire Canada, Bridgestone Canada (BSCA), Yokohama Tire (Canada), Hankook Tire Canada, Goodyear Canada, Michelin North America (Canada), Kumho Tire Canada, Pirelli Tire, Toyo Tire Canada, Others
Segmentation	By Type of Vehicles (Passenger Car, Light Commercial Vehicle, Medium and Heavy Commercial Vehicles, Off the Road (OTR), Two Wheelers), By Demand Category (OEM and Replacement), By Type of Tires (Radial and Bias), By Sales Channel (Dealer/Exclusive Outlets, Online and Others), By Season (All season, Summer), By Price Category (Budget, Economy, Premium), By Rim Diameter (Up to 12”, 12.1” to 15”, 15.1.” to 18”, 18.1” to 20”, 20.1” to 22.5”, 22.6” to 26”, 26.1” to 35”, 35.1” to 47”, Above 47”) and others
Key Report Highlights	Market Dimensions & Projections Pricing Evaluation Recent Strategic Moves by Companies Primary Stakeholders Import/Export Trend Analysis Competitive Landscape Assessment Emerging Opportunities Market Trends and Indicators

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The growing adoption of IoT-enabled smart tires is one of the trends boosting the overall Canada Tire Market for the upcoming years. Unlike traditional ones, these smart tires have advanced technologies that include real-time data, enhanced safety, etc., making them a preferred choice. Moreover, the increasing inclination of Canadians toward the adoption of Electric Vehicles (EVs) owing to the rising concerns over environmental degradation is another crucial aspect anticipated to contribute significantly to the soaring demand for tires in the country and boost the size & volume of the market over the forecast years.

Canada Tire Market Driver:

Stringent Safety Norms Driving Market Growth – Over many years, the drastically rising number of road accidents in the country has prompted regulatory authorities to focus the setting norms related to manufacturing or tires and replacement tenure of the tires, etc. In 2022, according to Transport Canada’s National Collision Database (NCDB) report, the figure of 91,500 reported road collisions in Canada. With an escalating number of road accidents, the Canadian government is encouraging automakers to manufacture tires with utmost safety while urging vehicle owners to replace tires on time and have periodic inspections on their condition to ensure vehicle & passenger safety at all times.

For instance, the regulations enforced by Transport Canada on tires to enhance safety include, Motor Vehicle Safety Act, which states that all tires sold in Canada must comply with the Motor Vehicle Tire Safety Regulations (SOR/2013-198) set. These aspects are likely to instigate the leading companies in the Canada Tire Market to introduce new products and enhance their overall product portfolio while delivering safer tires to the customers. Therefore, strict norms related to the safety of the vehicles & drivers are increasing the market demand.

Introduction
1. Product Definition
2. Research Process
3. Assumptions
4. Market Segmentation
Executive Summary
Experts Verbatim-What our experts say?
Canada Tire Market Voice of Customer
1. Brand Awareness
2. End User Expectations
3. Key Factors Impacting Vendor Selection
4. Key Issues Encountered
5. Vendor’s Receptiveness to Address Key Customer Issues
6. Future Requirements
Canada Tire Market Analysis, 2020- 2030
1. Market Size & Analysis
  1. Market Revenue
  2. Units Sold
2. Market Share & Analysis
  1. By Type of Vehicles
    1. Passenger Car
    2. Light Commercial Vehicle
    3. Buses and Trucks
    4. Medium and Heavy Commercial Vehicles
    5. Off the Road (OTR)
    6. Two Wheelers
  2. By Demand Category
    1. OEM
    2. Replacement
  3. By Type of Tire
    1. Radial
    2. Bias
  4. By Sales Channel
    1. Dealer/Exclusive Outlets
    2. Online
    3. Direct Sales
  5. By Season
    1. All season
    2. Summer
    3. Winter
  6. By Price Category
    1. Budget (Up to USD90)
    2. Economy (USD91-USD140
    3. Premium (Above USD140)
  7. By Rim Diameter
    1. Up to 12”
    2. 1” to 15”
    3. 1.” to 18”
    4. 1” to 20”
    5. 1” to 22.5”
    6. 6” to 26”
    7. 1” to 35”
    8. 1” to 47”
    9. Above 47”
  8. By Region
    1. West
    2. North
    3. South
    4. East
  9. By Company
    1. Revenue Shares
    2. Strategic Factorial Indexing
    3. Competitor Placement in MarkNtel Quadrant
Canada Passenger Car Tire Market Analysis, 2020- 2030
1. Market Size & Analysis
  1. Market Revenue
2. Market Share & Analysis
  1. By Type of Vehicle
    1. Sedan
    2. SUV
    3. Hatchbacks
    4. Others
  2. By Demand Category
  3. By Type of Tire
  4. By Sales Channel
  5. By Season
  6. By Price Category
  7. By Rim Diameter
  8. By Region
Canada Light Commercial Vehicle Tire Market, 2020-2030
1. Market Size & Analysis
  1. Market Revenue
2. Market Share & Analysis
  1. By Type of Vehicle
    1. Light Trucks
    2. Light Buses
    3. Pick-up Trucks and Vans
  2. By Demand Category
  3. By Type of Tire
  4. By Sales Channel
  5. By Season
  6. By Price Category
  7. By Rim Diameter
  8. By Region
Canada Medium Heavy Commercial Vehicle Tire Market, 2020-2030
1. Market Size & Analysis
  1. Market Revenue
2. Market Share & Analysis
  1. By Type of Vehicle
    1. Trucks
    2. Buses
  2. By Demand Category
  3. By Type of Tire
  4. By Sales Channel
  5. By Season
  6. By Price Category
  7. By Rim Diameter
  8. By Region
Canada Two-Wheeler Tire Market, 2020-2030
1. Market Size & Analysis
  1. Market Revenue
2. Market Share & Analysis
  1. By Type of Vehicle
    1. Scooters
    2. Mopeds
    3. Motorcycles
  2. By Demand Category
  3. By Type of Tire
  4. By Sales Channel
  5. By Season
  6. By Price Category
  7. By Rim Diameter
  8. By Region
Canada OTR Vehicle Tire Market, 2020-2030
1. Market Size & Analysis
  1. Market Revenue
2. Market Share & Analysis
  1. By Type of Vehicle
    1. Earthmoving Equipment
    2. Construction and Agricultural Vehicles
    3. Material Handling Vehicles
  2. By Demand Category
  3. By Type of Tire
  4. By Sales Channel
  5. By Season
  6. By Price Category
  7. By Rim Diameter
  8. By Region
Canada Tire Market Policies, Regulations, Product Standards
Canada Tire Market Trends & Insights
Canada Tire Market Dynamics
1. Growth Drivers
2. Challenges
3. Impact Analysis
Canada Tire Market Hotspot & Opportunities
Canada Tire Market Key Strategic Imperatives for Success & Growth
Canada Competition Outlook
1. Competition Matrix
  1. Product Portfolio
  2. Brand Specialization
  3. Target Markets
  4. Target End Users
  5. Research & Development
  6. Strategic Alliances
  7. Strategic Initiatives
2. Company Profiles (Business Description, Product Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans)
  1. Continental Tire Canada
  2. Bridgestone Canada (BSCA)
  3. Yokohama Tire (Canada)
  4. Hankook Tire Canada
  5. Goodyear Canada
  6. Michelin North America (Canada)
  7. Kumho Tire Canada
  8. Pirelli Tire
  9. Toyo Tire Canada
Disclaimer

MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:

1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.

2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.

3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.

4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making

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