Tire Wholesaling in the US - Industry Market Research Report

Tire Wholesaling in the US - Industry Market Research Report

  • June 2017
  • 28 pages
  • Ibisworld
Report ID: 209111
Wheels in motion: Rising disposable income and increased internet presence will support industry growth

Abstract
Tire Wholesaling in the US

The Tire Wholesaling industry is on a growth track. Over the five years to 2017, 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, as wholesalers can now communicate with retailers more efficiently, streamlining sales and inventory functions. This strategy has also helped wholesalers eliminate some operational costs, which creates the potential for higher profit margins. As most of these trends are projected to continue through the five years to 2022, industry revenue is expected to continue growing as well, albeit at a slightly slower rate. Projected increases in the price of rubber, as well as the increasingly prevalent wholesale bypass trend, are expected to temper growth over the next five years.

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.

MAJOR COMPANIES
- American Tire Distributors Inc.
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Country=UnitedStates Industry=Tire ParentIndustry=Automotive Date=201706 Topic=MarketReport Publisher=Ibisworld Price=1000