1. Market Research
  2. > Automotive
  3. > Auto Parts Market Trends
Future of Tire Retailing in North America and Europe, Forecast to 2023

Future of Tire Retailing in North America and Europe, Forecast to 2023

  • October 2017
  • 82 pages
  • ID: 5245494
  • Format: PDF
  • By Frost & Sullivan

Summary

Table of Contents

Online Sales of Replacement Tires to Account for Approximately $11 Billion in Revenue in 2023

The report discusses the future of tire retail in North America and Europe and covers Class 1-3 replacement tires in passenger cars. The aim of the study is to envision the Future of tire retailing for the automotive aftermarket in North America and Europe.

It discusses the demand forecast (2017-2023) in terms of volume (million units) and value ($ billion), while the base year of research is 2016. The primary focus of the research is on understanding and analyzing key trends in tire retailing across different regions, and also assessing how different market participants are responding.

These trends include the adoption of eCommerce in tire retailing, downstream activity of tire suppliers, adoption of new business models, providing auxiliary services in tire retail, and the impact of the growing penetration of Tier-4 tires on the tire market. Along with benchmarking tire manufacturers and pure-play online tire e-retailers, it also includes identifying opportunities and challenges presented by each trend for individual channel participants.

The demand for replacement tires is mainly being driven by the increasing vehicles in operation, along with the changing legislations on seasonal tires. While at the same time, models based on new urban mobility are also having their own impact on the average annual mileage of a car, and thereby influencing demand for tire replacement. Frost & Sullivan has analyzed all these factors for forecasting the replacement demand for tires in North America and Europe.

Research Objectives:
• To identify and discuss key trends in aftermarket tire retailing
• To understand channel participants activity and benchmark industry best practices
• To identify opportunities and challenges presented by each trend for individual channel participants
• To understand key differences in market dynamics between North America and Europe
• To present an understanding of the demand drivers, and thereby forecast market demand to 2023

Key Questions This Study Will Answer:
• What are the key trends in the automotive aftermarket tire retail market? How are these trends going to impact the future of retailing in this category?
• What is the demand forecast for replacement tire sales in North America and Europe during 2017–2023? What percentage of sales will be accounted for by the online sales channel?
• How are the different market participants responding to evolution in the retail channel and what are some of the current best practices?
• What is the future of the tire retail channel and what business models are expected to have the most impact?
• What are the key growth opportunities and strategic imperatives for the future in tire retailing?

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.

ref:plp2017

Reportlinker.com © Copyright 2020. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on