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Tire Wholesaling in Canada - Industry Market Research Report

Publisher IBISWorld
Published Dec 30, 2024
Length 75 Pages
SKU # IBSS19493091

Description

Tire Wholesaling in Canada - Industry Market Research Report


Tire Wholesaling in Canada

Over the five years to 2023, the Tire Wholesaling industry's revenue is expected to decline. While business been bolstered by improving economic conditions, the industry has faced several considerable challenges in recent years. Pandemic-related restrictions and closures limited travel, which affected consumers' tire replacement needs, causing a large decline in demand for tires during 2020. A strong economic recovery since 2021 bolstered revenue, as sales volume and tire prices rose. However, inflation-adjusted revenue has fallen due to historically elevated price increases across the economy. As a result, industry revenue has been dropping at a CAGR of 1.7% over the past five years and is expected to reach $10.4 billion in 2023. This includes an increase of 2.2% over the current year as demand and prices stabilize.

The Tire Wholesaling industry in Canada wholesales new and used tires and tubes for passenger and commercial vehicles.

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

75 Pages
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

Pricing

Currency Rates
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