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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 | Nov 2015

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 offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Discount Tire Discount Tire market share
Sumitomo Corporation Sumitomo Corporation market share
Industry Statistics & Market Size
Revenue
$35bn
Annual Growth 10-15
6.2%
Annual Growth 15-20
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Profit
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Employment
190,899
Businesses
56,188
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 SWOT Analysis Chapter

The tire retail market is in the mature stage of its life cycle. Industry value added, which measures an industry's contribution to the economy, is projected to increase at an average annual rate of 2.8% in the 10 years to 2020. Over the same period, US GDP is forecast to grow an average of 2.2% per year. Therefore, the tire retail market's importance to the overall economy is relatively stable, which suggests a mature life cycle stage. Additionally, the tire retail market exhibits characteristics of a mature industry, such as relatively stable technological change and downstream markets.

New products and distribution channels have gained popularity in recent years... 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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