Tire Dealers in the US - Industry Market Research Report
- October 2016
- 33 pages
- Report ID: 167970
Fast car: Federal mandates on fuel efficiency will increase demand for tire replacements
Tire Dealers in the US
The Tire Dealer industry is expected to grow in the five years to 2016, as an improving economy enables more consumers to purchase premium replacement tires. Rising per capita disposable income has led to an increase in vehicle miles as more families can afford cars and commuters are choosing to use their vehicles over public transportation. As the number of vehicle miles expands, demand for tires and maintenance services increases as well, benefiting the industry. In the coming years, federal mandates on fuel efficiency will increase demand for niche tires such as low-rolling resistance tires, which require replacement more often and come along with larger price tags.
The Tire Dealers industry retails tires and tire tubes for passenger cars, sport-utility vehicles and commercial trucks. Businesses that offer maintenance services in addition to tire sales are included in this industry; however, mail order 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.
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