The Tire Wholesaling industry is on a growth track. Over the five years to 2016, per capita disposable income rebounded, encouraging consumers to release pent-up demand for tire purchases. Additionally, wholesalers have benefited because the price of rubber, the major input for tires, has plummeted in recent years. Greater internet use has also improved industry operations. Wholesalers can now communicate with retailers more efficiently, which streamlines sales and inventory functions. This strategy has helped wholesalers eliminate some operational costs, which creates the potential for higher profit margins. Wholesalers are also facilitating an internet presence for tire dealers, empowering retailers to reach a broader market because wholesalers will grow if retailers reach more consumers and order more tires. These factors and the broader economic recovery will bode well for the industry over the five years to 2021.
Industry operators wholesale 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.