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The Retail Market for Auto Tires in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

The Retail Market for Auto Tires Market Research Report | Retail Market Reports | The Retail Market for Motor Vehicles & Parts | Mar 2014

Bounce back: Rising disposable income and vehicle mileage will support demand for industry products

The The Retail Market for Auto Tires market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
Discount Tires Discount Tires market share
Les Schwab Tire Centers Les Schwab Tire Centers  market share
Sumitomo Corporation Sumitomo Corporation market share
Industry Statistics & Market Size
Revenue
$37bn
Annual Growth 09-14
8.1%
Annual Growth 14-19
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Profit
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Employment
290,665
Businesses
34,562
Industry Analysis & Industry Trends

The tire retail market has stabilized following the aftermath of the recession, with low single-digit growth in each of the past three years. As demand picks up across all sectors of the economy, revenue growth will continue in the five years to 2019. In particular, shifting consumer preference towards fuel-efficient tires will present a growth market for tire retailers. Government fuel-efficiency regulation will also stimulate demand for high quality tires.... purchase to read more

Industry Report - Industry Investment Chapter

The auto tire retailing market has a low level of capital intensity. IBISWorld estimates that for every $1.00 spent on labor, industry operators will devote $0.05 to capital investment. The primary component for industry operators is labor. Operators require employees to handle customer service, billing, inventory and technical installation. Additionally, staff must be knowledgeable about tire selection and fit. For brick-and-mortar tire retailers, customer service is central component to creating differentiation between competitors, requiring significant investment in labor.

Brick-and mortar tire retailers require a limited amount of capital equipment. Physical retailers primarily rely on machines for tire fitting and wheel alignment... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the The Retail Market for Auto Tires Industry?

Tire retailers sell automobile tires and tubes that are used on all types of passenger vehicles and freight vehicles. This report shows the size of the retail market for this product and includes sales from all major retail channels, including specialty stores, general merchandisers and internet retailers.

Industry Products
New passenger vehicle tiresUsed passenger vehicle tiresNew light vehicle tiresUsed light vehicle tiresNew medium- and heavy-duty truck tiresUsed medium- and heavy- duty truck tires
 
Industry Activities
Retail new passenger vehicle tiresRetail new light vehicle tiresRetail new truck tiresRetail used vehicle tires


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