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 Locations Chapter
Auto tire retailers are spread across the United States and have a significant presence in every region of the United States. Because customers typically purchase tires close to where they reside, the distribution of auto tire retailers broadly approximates the distribution of the US population. For example, at 31.1% of establishments, the Southeast region has the largest share of industry operators, loosely in line with its 25.4% population share. Similarly, the Rocky Mountain region has a low share of industry establishments with only 3.6% of all operators, equal to its low population share of 3.6%.
Tire dealers also tend to locate near areas with high vehicle populations, where the population tends to commute via car rather than public transportation... purchase to read more