Research and Markets has released a new report analyzing the
American tire dealer industry.
The segment consists of some 11,000 companies with combined
annual revenues of about $30 billion.
“The industry is fragmented,” notes Laura Wood, senior manager
at the Dublin, Ireland-based firm, “the 50 largest companies
generate about 50 percent of revenue.”
She points out that “the profitability of individual companies
depends on marketing, since the product is largely a commodity.
Large companies benefit from economies of scale in purchasing
and advertising. Small firms can compete effectively by serving
a particular region, by specializing – such as in tires for
high-end cars – or by joining purchasing/distribution
networks.”
Replacement tires for cars cover 55 percent of the U.S. market;
commercial vehicle tires account for 25 percent.
Entitled “Tire Dealers,” the new report’s topics include an
industry overview, quarterly industry update, business
challenges, business trends, industry opportunities, “call
preparation questions,” financial information” and an industry
forecast.
For more information, visit www.researchandmarkets.com.
