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.
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.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.