The Tyre Retailing industry has faced difficult trading conditions. Demand for replacement tyres is influenced by the level of motor vehicle travel by households and commercial customers, along with the number of vehicles on the road. During weak economic conditions, consumers have opted for low-cost tyres, which has constrained the industry's revenue and profitability. Many consumers have also reduced the amount they drive to minimise running costs, which has limited the wear on tyres and the requirement for replacement. This trend has been exacerbated by the stay-at-home restrictions during the peak of the COVID-19 pandemic.Pumped: Increased travel and vehicle numbers set to put tyre retailing revenue back on the road
Industry participants sell new and reconditioned tyres for passenger cars, utility vehicles, SUVs, vans, buses, trucks and motorcycles. Tyre retailers do not retread motor vehicle tyres, but often carry out minor repairs on tyres. The retailing process can also include fitting services such as wheel balances and alignments.
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
ABOUT THIS INDUSTRY- Industry Definition
- Main Activities
- Similar Industries
- Additional Resources
INDUSTRY PERFORMANCE
- Executive Summary
- Key External Drivers
- Current Performance
- Industry Outlook
- Industry Life Cycle
- Supply Chain
- Products & Services
- Demand Determinants
- Major Markets
- International Trade
- Business Locations
- Market Share Concentration
- Key Success Factors
- Cost Structure Benchmarks
- Basis of Competition
- Barriers to Entry
- Industry Globalization
OPERATING CONDITIONS
- Capital Intensity
- Technology & Systems
- Revenue Volatility
- Regulation & Policy
- Industry Assistance
- Industry Data
- Annual Change
- Key Ratios
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Bridgestone Australia Ltd
- Tyrepower Ltd
- Goodyear Australia Pty Limited
- Conti Trade Australia Pty Ltd
Methodology
LOADING...