Tire Dealers in Canada - Industry Market Research Report
Description
Tire Dealers in Canada
Tire dealers in Canada sell tires and tire tubes for passenger cars, sport-utility vehicles (SUVs) and commercial trucks. Companies also offer maintenance services to their customers. Right before the pandemic, high-interest rates discouraged new car sales. Consumers with older cars need their tires replaced more often, so fewer sales of new vehicles benefited the industry in 2018 and 2019. The industry was threatened during COVID-19 because of the weak manufacturing sector, but massive government aid boosted per capita disposable incomes in Canada, raising demand for tires and enabling revenue to grow in 2020. As global oil prices surged during the pandemic recovery, Canadians have driven less. Since fewer cars are on the road, tires haven't been getting worn out and replaced as often, reducing revenue growth.
Tire dealers in Canada retails tires and tire tubes for passenger cars, sport-utility vehicles (SUVs) and commercial trucks. Businesses that offer maintenance services along with tire sales are included in this industry. Car dealership tire services and online tire sellers are excluded.
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.
Tire dealers in Canada sell tires and tire tubes for passenger cars, sport-utility vehicles (SUVs) and commercial trucks. Companies also offer maintenance services to their customers. Right before the pandemic, high-interest rates discouraged new car sales. Consumers with older cars need their tires replaced more often, so fewer sales of new vehicles benefited the industry in 2018 and 2019. The industry was threatened during COVID-19 because of the weak manufacturing sector, but massive government aid boosted per capita disposable incomes in Canada, raising demand for tires and enabling revenue to grow in 2020. As global oil prices surged during the pandemic recovery, Canadians have driven less. Since fewer cars are on the road, tires haven't been getting worn out and replaced as often, reducing revenue growth.
Tire dealers in Canada retails tires and tire tubes for passenger cars, sport-utility vehicles (SUVs) and commercial trucks. Businesses that offer maintenance services along with tire sales are included in this industry. Car dealership tire services and online tire sellers are excluded.
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.
Table of Contents
41 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Search Inside Report
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
