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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

IBISWorld’s The Retail Market for Auto Tires market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

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 Analysis Chapter

The automobile tire retail market has experienced considerable volatility over the past five years due to demand shocks across the entire automotive sector. Major US automakers went through bailouts and bankruptcies in 2009, adversely affecting suppliers, which experienced the sharpest decrease new car sales since 1991. Even leading up to the recession, many industries in the automotive sector have been declining because imported vehicles, parts and components eroded domestic manufacturers' market share. However, import penetration had minimal impact on tire retailers because retailers supply both imported and domestically manufactured tires.

Volatile recovery

The industry's recent volatile performance reflects significant changes in a few key economic factors... 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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