North America Forklift Tire Market Size, Share, and COVID-19 Impact Analysis, By Type (New Tire, Replacement Tire, and Retreaded Tire), By Retread Process Type (Pre-Cure and Mold-Cure), and North America Forklift Tire Market Insights, Industry Trend, Forecasts to 2035

North America Forklift Tire Market Size Insights Forecasts to 2035

• The North America Forklift Tire Market Size Was Estimated at USD 595.7 Million in 2024.
• The Market Size is Expected to Grow at a CAGR of 7.36% between 2025 and 2035.
• The North America Forklift Tire Market Size is Anticipated to Reach USD 1301.3 Million by 2035.

According to a Research Report Published by Spherical Insights & Consulting, The North America Forklift Tire Market Size is anticipated to hold USD 1301.3 Million by 2035, Growing at a CAGR of 7.36% from 2025 to 2035. The North America Forklift Tire Market offers growth opportunities driven by increasing industrial automation, expanding warehousing and logistics operations, rising demand for durable and specialized tires, and adoption of electric and automated forklifts.

Market Overview

The North America forklift tire market refers to the industry focused on manufacturing, supplying, and servicing tires specifically designed for forklifts, ensuring safety, durability, and efficient material handling in industrial, warehousing, and logistics operations. The market is driven by the rapid growth of e-commerce, increased demand for automated and electric forklifts, and expansion of warehouse and distribution infrastructure across North America. Rising adoption of specialized tire types, such as pneumatic, solid, and cushion tires, enhances operational efficiency and load-bearing capacity. Additionally, government initiatives promoting workplace safety standards, regulations for industrial equipment maintenance, and incentives for warehouse modernization further support market growth, encouraging the deployment of high-quality forklift tires across commercial and industrial sectors.

Report Coverage

This research report categorizes the market for the North America forklift tire market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the North America forklift tire market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the North America forklift tire market.

Driving Factors

The market is driven by rapid growth in warehousing, logistics, and e-commerce sectors, which increases demand for efficient material handling. Rising adoption of electric and automated forklifts requires specialized tires for durability and performance. Technological advancements in tire materials, tread designs, and load-bearing capacity enhance operational efficiency. Additionally, government regulations and initiatives promoting workplace safety and industrial equipment maintenance encourage the use of high-quality forklift tires, supporting market expansion across North America.

Restraining Factors

High costs of specialized forklift tires, limited availability of advanced tire types in some regions, maintenance challenges, and competition from low-cost imports are key factors restraining the growth of the forklift tire market in North America.

Market Segmentation

The North America Forklift Tire market share is classified into type and retread process type.

• The replacement tire segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The North America forklift tire market is segmented by type into new tire, replacement tire, and retreaded tire. Among these, the replacement tire segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. This growth is driven by the continuous need for maintenance and replacement of worn-out tires in warehouses, logistics centers, and industrial facilities. Replacement tires help ensure operational safety, reduce downtime, and maintain efficiency in forklift operations, making them a critical and consistently high-demand segment in the market.

• The pre-cure segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The North America forklift tire market is segmented by retread process type into pre-cure and mold-cure. Among these, the pre-cure segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. Pre-cure retreading is widely preferred due to its cost-effectiveness, consistent quality, faster production process, and suitability for high-volume tire replacement in warehouses and industrial operations. Its adoption helps companies extend tire life, reduce operational costs, and maintain forklift efficiency, driving significant demand across North America.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the North America forklift tire market along with a comparative evaluation primarily based on their Application offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes Application development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Bridgestone Corporation
• The Goodyear Tire & Rubber Company
• Continental AG
• Camso, Inc.
• Setcosolid Tire & Rim Assembly
• Superior Tire & Rubber Corp.
• Oliver Rubber Company
• Parrish Tire Company
• Treadwright

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at North America, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the North America forklift tire market based on the following segments:

North America Forklift Tire Market, By Type

• New Tire
• Replacement Tire
• Retreaded Tire

North America Forklift Tire Market, By Retread Process Type

• Pre-Cure
• Mold-Cure