Tire Brand Market Share Statistics 2026
Tire brand market share for 2026: Michelin leads globally at 14.1%, Goodyear leads the U.S. at 14.6%. Full data on global, U.S., retail, and segment share. All sources cited.
Last updated: May 2026 · Reviewed annually
The global tire industry is dominated by a handful of multinational manufacturers — Michelin leads the world at 14.1% market share, followed by Bridgestone (13.6%) and Goodyear (9.6%), per the Bridgestone Data Book 2026 (sourced from Tire Business). This page compiles the most-cited tire brand market share statistics — global revenue rankings, U.S. unit and dollar share, retailer rankings, replacement vs. OE share, and brand revenue figures — with every number sourced to a primary publisher.
Key Findings
- Michelin leads the global tire industry with 14.1% market share by revenue, followed by Bridgestone at 13.6% and Goodyear at 9.6%.
- In the U.S. retail market, Goodyear remains the #1 brand at 14.6% unit share and 13.9% dollar share as of Q1 2025.
- The Top 4 — Michelin, Bridgestone, Goodyear, Continental — collectively command 44.2% of the global tire market by revenue.
- Walmart is the #1 U.S. tire retailer by unit share at 15% of all units sold; Discount Tire leads in dollar share at 16%.
- Michelin reported $28.4 billion in global sales in 2024; Bridgestone reported $28.9 billion (¥4,430.1 billion); Goodyear reported $18.9 billion.
- The replacement tire channel commands roughly 70% of U.S. tire-market revenue; OEM/original-equipment accounts for the remaining 30%.
- Over the past 10 years, Goodyear, Michelin, and Bridgestone combined have lost over 4 percentage points of global market share to Chinese and lower-cost Asian brands.
- Discount Tire / America's Tire generated $9.65 billion in 2024 sales, making it the top North American independent tire retailer.
Table of Contents
- Global Tire Brand Market Share Rankings
- Top Tire Companies by Revenue
- U.S. Replacement Tire Brand Share
- U.S. Tire Retail Market Share (by Retailer)
- Independent Tire Dealer Rankings
- Replacement vs. Original Equipment (OE) Share
- Brand Share by Vehicle Segment
- Chinese & Emerging-Market Brand Growth
- Brand Share Trends & Forecasts
- Frequently Asked Questions
- Methodology & Sources
Global Tire Brand Market Share Rankings
Global tire market share is most authoritatively published in the Bridgestone Data Book (annual) and the Tire Business Global Tire Report Top 75 (annual). Both are based on calendar-year revenue. The rankings have been stable for over a decade — the Big Three of Michelin, Bridgestone, and Goodyear have held the top three spots for more than 30 years.
- Michelin leads the global tire industry at 14.1% market share by revenue.
- Bridgestone ranks second at 13.6% global market share by revenue.
- Goodyear ranks third at 9.6% global market share by revenue.
- Continental ranks fourth at 6.9% global market share by revenue.
- Pirelli ranks fifth at 4.0% global market share by revenue.
- Sumitomo Rubber Industries and Hankook Tire are tied at 3.8% global market share each.
- Yokohama Rubber holds 3.6% global market share, rounding out the top eight.
- China-based Zhongce Rubber holds 2.9% global share; Sailun (China) holds 2.4%; Toyo Tire (Japan) holds 1.9%; Kumho (Korea) holds 1.8%.
- The 'Others' category — comprising all tire makers outside the top 12 — accounts for 31.7% of the global tire market, reflecting industry fragmentation in lower-cost manufacturers.
Top Tire Companies by Revenue
Market share by revenue and absolute company revenue can differ because of regional segmentation and non-tire business lines (Bridgestone has a substantial diversified products division). The Tire Business Global Tire Report Top 75 is the most-cited source for tire-specific company revenue rankings.
- Michelin led all tire companies with $28.4 billion in global sales in 2024.
- Bridgestone posted global revenue of $28.9 billion in 2024 (¥4,430.1 billion), a 3% year-over-year increase.
- Goodyear recorded net sales of $18.9 billion in 2024, a 5.9% decline from 2023, with 166.6 million tire units sold globally.
- Continental's tire division achieved €13.9 billion (~$14.6 billion) in revenue for 2024.
- Michelin's most recent guidance reports total FY2025 sales of EUR 26.0 billion (~$28 billion).
- Tire Business publishes the most-cited annual Global Tire Report Top 75 — the 40th edition, released in 2025, again confirmed Michelin, Bridgestone, Goodyear, and Continental as the top four tire makers worldwide.
U.S. Replacement Tire Brand Share
The U.S. replacement tire market — the channel where individual consumers shop for new tires when their old ones wear out — has a different leader than the global market. Goodyear, the strongest U.S.-headquartered tire maker, leads in both unit volume and dollar share.
- Goodyear remains the leading tire brand in the U.S. by both unit and dollar share at 14.6% unit share and 13.9% dollar share as of early 2025.
- Michelin follows in second place by U.S. dollar share at 11.7%.
- Bridgestone gained the most U.S. dollar share among top brands year-over-year, adding +1.3 percentage points.
- Firestone holds 6.5% of U.S. tire dollar share, and BFGoodrich holds 6.3%.
- In an earlier 2022 baseline, Goodyear held 10.5% of the U.S. passenger replacement tire market and 9% of the light-truck replacement market — both figures have since grown to 13.9%+ on dollar share.
- The U.S. replacement tire market represented roughly 69.7% of total automotive tire revenue in 2025; OEM accounted for the remaining 30%.
U.S. Tire Retail Market Share (by Retailer)
The U.S. tire retail market is split between mass-market value retailers and specialist independent dealers. Walmart dominates by unit volume thanks to its store footprint and price aggression, while Discount Tire leads by dollar share thanks to higher average ticket and a specialist-shopper customer base.
- Walmart is the #1 U.S. tire retailer by unit share, accounting for 15% of units sold; it ranks #2 in dollar share at 11.8%.
- Discount Tire leads in dollar share at 16% of the U.S. tire retail market; it ranks #2 in unit share at 14%.
- Walmart saw the largest U.S. retailer year-over-year gain in unit share at +0.8 percentage points; +0.7 ppt in dollar share.
- Costco, Firestone, and Goodyear round out the top five U.S. tire retailers by both unit and dollar share.
- Discount Tire converts foot traffic at an 83% close rate — the highest of any major U.S. tire retailer; Walmart converts at 76%.
- Walmart draws 20.1% of U.S. tire shoppers — the highest shopper-draw rate of any retailer; Discount Tire draws 17%.
Independent Tire Dealer Rankings
Beyond the mass-market retail channel, the U.S. tire-installation market is served by tens of thousands of independent dealers. The top five independent dealers control a disproportionate share of installed volume — and have been growing through acquisition while smaller dealers consolidate.
- Discount Tire / America's Tire generated $9.65 billion in 2024 sales, making it the #1 North American tire retailer by sales.
- The top 5 largest independent tire dealers in North America are Mavis, Monro, Discount Tire, Pep Boys, and Les Schwab.
- There were 31,858 tire dealer businesses operating in the United States as of 2025, an increase of 2.1% from 2024.
- The U.S. tire dealer industry generated $47.5 billion in revenue in 2025, up 4.6% from $47.2 billion in 2024.
- Independent tire dealers consolidated significantly between 2020 and 2025; the largest dealers grew through acquisitions of regional chains while the long tail of single-shop dealers shrank.
Replacement vs. Original Equipment (OE) Share
Tire sales split between two channels: replacement (consumers buying new tires when old ones wear out) and OEM/original-equipment (tires installed on new vehicles by the automaker at the factory). Replacement is roughly twice the size of OEM in the U.S. and is the channel where consumer-facing brand share competition plays out.
- The replacement/aftermarket tire channel held approximately 69.7% share of total U.S. automotive tire revenue in 2025.
- OEM (original-equipment) tire demand is rising at a 7.2% CAGR through 2031, growing modestly faster than replacement, but the replacement channel will remain dominant through the forecast period.
- Of the tires shipped in the U.S. in 2022, 216.1 million were replacement passenger tires and 41.5 million were original-equipment passenger tires — a ratio of approximately 5.2 to 1.
- Light-truck tires accounted for 37 million replacement units and 6.2 million OE units shipped in the U.S. in 2022 — a ratio of approximately 6.0 to 1.
- Passenger cars captured 56.6% of the total automotive tire market share in 2025; light trucks and commercial vehicles split the remainder.
Brand Share by Vehicle Segment
Original-equipment tire brand share varies dramatically by vehicle segment. JD Power's 2024 OE Tire Customer Satisfaction Study ranks the top brands by segment, providing the cleanest public view of which brands win which segments at the OEM level.
- In the luxury vehicle segment, Michelin ranks #1 in OE tire satisfaction; Goodyear ranks #2; Continental ranks #3.
- In the passenger car segment, Michelin ranks #1; Goodyear ranks #2; Kumho ranks #3.
- In the performance sport tire segment, Michelin ranks #1.
- In the truck/pickup segment, Falken ranks #1; BFGoodrich ranks #2; Hankook ranks #3 — a notably different leader board than the passenger and luxury segments.
- EV-specific OE tire share is shifting fastest — every Tier-1 manufacturer (Michelin, Bridgestone, Goodyear, Pirelli, Continental, Hankook, Yokohama, Sumitomo) launched dedicated EV tire lines between 2021 and 2024.
Chinese & Emerging-Market Brand Growth
The most important long-term trend in tire brand share is the rise of Chinese and other lower-cost Asian manufacturers. Zhongce, Sailun, Linglong, Triangle, and Double Coin have collectively absorbed share lost by the traditional Big Three, with the trend particularly visible in the budget and commercial segments.
- Over the past 10 years, Goodyear, Michelin, and Bridgestone combined have lost over 4 percentage points of global market share to Chinese and lower-cost Asian brands.
- Zhongce Rubber (China) now holds 2.9% global market share, placing it ahead of established Western brands by company-revenue rank.
- Sailun (China) holds 2.4% global market share, ranking 10th globally — a fast-growth trajectory over the past 5 years.
- Chinese tire imports to the U.S. have faced multiple anti-dumping and countervailing duty investigations since 2014, partially constraining the share Chinese brands can capture in U.S. replacement.
- The 'Others' category in Bridgestone's Top 75 ranking accounts for 31.7% of global tire revenue — a fragmented long tail dominated by smaller Asian manufacturers serving budget OE and replacement segments.
Brand Share Trends & Forecasts
Tire brand share is one of the most stable rankings in any global consumer-goods industry. The top three have been unchanged for over 30 years; the top five rarely change order from year to year. Looking forward, the meaningful changes will come from EV-specific brand share, Chinese-brand growth, and continued retail consolidation in the U.S.
- The Top 10 tire makers list remains stable year-over-year — led by Michelin, Bridgestone, Goodyear, Continental, and Pirelli, with Sumitomo, Hankook, and Yokohama rounding out the top eight.
- The global tire market is projected to grow from $143.4 billion in 2025 to $191.2 billion by 2032 — a 4.2% CAGR.
- The global EV tire sub-segment is projected to grow from $11.21 billion in 2025 to $27.63 billion by 2032 — a 13.6% CAGR, more than triple the rate of the overall tire market.
- Brand Finance's annual tire-brand ranking again confirmed Michelin, Bridgestone, Continental, and Goodyear as the top four globally by brand value — consistent with the revenue ranking.
- U.S. retail consolidation is accelerating — the OpenBrand 'Goliaths' analysis documented that the largest tire retailers are growing faster than the average, squeezing mid-tier independents.
Frequently Asked Questions
Who is the #1 tire brand in the world?
Who is the #1 tire brand in the United States?
What are the top 10 tire brands in the world?
Who is the largest tire retailer in the United States?
What is the U.S. tire market worth?
Related Topics
Continue exploring tire data:
- Tire Industry Statistics 2026: 50+ Key Stats You Need to Know — comprehensive hub of all tire industry data.
- Tire Market Size & Revenue Statistics 2026 — global and U.S. tire market valuations, revenue, and forecasts.
- Tire Price Statistics 2026 — average tire prices by tier, size, and brand — plus inflation trends.
- EV Tire Statistics 2026 — EV-specific tire wear, market growth, and OEM share.
- Online Tire Sales Statistics 2026 — e-commerce share, online tire buyer behavior, and channel trends.
Methodology & Sources
Data in this article was compiled from authoritative public sources between 2014 and 2032. Sources include government agencies, industry associations, publicly traded company financial filings, and recognized market research firms. Revenue figures are reported in current-year USD unless otherwise noted. We update annually; if you find a stat that has changed, please reach out.
Global Tire Brand Market Share Rankings
Top Tire Companies by Revenue
- Modern Tire Dealer / Michelin 2024 Annual Report, 2024
- Bridgestone Data 2026, 2026
- Goodyear 2024 Annual Results, 2024
- Continental AG Fiscal Year 2024, 2024
- Market Research Reports — World's 15 Largest Tire Manufacturers, 2025
- Tire Business 40th Global Tire Report, 2025
U.S. Replacement Tire Brand Share
- OpenBrand 2025 U.S. Tire Market Share, 2025
- OpenBrand 2025, 2025
- Statista, 2022
- IMARC Group U.S. Tire Market, 2025
U.S. Tire Retail Market Share (by Retailer)
Independent Tire Dealer Rankings
- Tire Business Top 100 Retail Ranking 2025, 2025
- Tire Business Top 100 Ranking 2025, 2025
- IBISWorld via USTMA, 2024
- IBISWorld, 2024
Replacement vs. Original Equipment (OE) Share
Brand Share by Vehicle Segment
Chinese & Emerging-Market Brand Growth
Brand Share Trends & Forecasts
- Tire Business 40th Global Tire Report
- Maximize Market Research / Tire Review, 2032
- MarketsandMarkets, 2032
- Brand Finance via Tire Business
- OpenBrand
Shopping for tires from a specific brand — Michelin, Bridgestone, Goodyear, or any other? Search SearchTires by tire size or vehicle to compare drive-out prices near you across brands and retailers. For more SearchTires research in this series: Tire Industry Statistics 2026: 50+ Key Stats You Need to Know, EV Tire Statistics & Trends 2026, Tire Safety & Blowout Statistics 2026, Tire Recycling & Environmental Statistics, and Flat Tire Statistics.
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