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Future of Tire Retailing in North America and Europe, Forecast to 2023
Future of Tire Retailing in North America and Europe, Forecast to 2023
Online Sales of Replacement Tires to Account for Approximately $11 Billion in Revenue in 2023
31-Oct-2017
North America
$4,950.00
Special Price $3,712.50 save 25 %
Description
The report discusses the future of tire retail in North America and Europe and covers Class 1-3 replacement tires in passenger cars. The aim of the study is to envision the Future of tire retailing for the automotive aftermarket in North America and Europe. It discusses the demand forecast (2017-2023) in terms of volume (million units) and value ($ 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?
RESEARCH: INFOGRAPHIC
This infographic presents a brief overview of the research, and highlights the key topics discussed in it.Click image to view it in full size
Table of Contents
Executive Summary—Key Findings
Executive Summary—Tire Retail Overview
Executive Summary—5 Key Trends in Tire Retailing
Executive Summary—Penetration of Online Retail in Tire Sales (Forecast 2023)
Executive Summary—Supplier Activity Snapshot
Executive Summary—Channel Participant Activity Snapshot
Executive Summary—New Business Models in Tire Retail
Executive Summary—Activity of Online Participants (Delticom)
Executive Summary—Connected Tires (Pirelli)
Executive Summary—Tire Retail in the Future 2023
Research Scope
Research Aims and Objectives
Key Questions this Study will Answer
Research Background
Research Methodology
Channel Participant Definitions
Tire Replacement—Demand Influencers
Impact of Legislation on the Future of Tire Retail
North American Tire Aftermarket—Replacement Demand Forecast
North American Tire Aftermarket—Market Share Analysis
European Tire Aftermarket—Replacement Demand Forecast
European Tire Aftermarket—Market Share Analysis
5 Key Trends in Tire Retailing
Tire Retailing Trends—Impact Analysis
Tire Retailing Trends—Regional Level Analysis
Digitization Enabling the Shift from Service to Solution
Trends in Tire Retailing—Emergence of eCommerce
eCommerce of Tires—Online Revenue and Forecast
eCommerce of Tires—Penetration of Online Retail in Tire Sales (Forecast 2023)
eCommerce of Tires—Impact on Channel Participants
Activity of Online Participants (Delticom)
Marketplace to Solution Provider—Tyre24
Tire Rack Focusing on B2B Customer Segment
Omnichannel Merchandising—Canadian Tires
Online Tire Seller Benchmarking
Activity of Online Participants—Impact on Channel Participants
Trends in Tire Retailing—Downstream Activity of Tire Suppliers
Downstream Activity of Tire Suppliers
Downstream Solution Development—Michelin
Connected Tires—Pirelli
Traditional Channel Activity—Consolidation
Supplier Benchmarking in Tire Retailing
Downstream Activity of Tire Suppliers—Impact on Channel Participants
Trends in Tire Retailing—Adoption of New Business Models
Trends in Tire Retailing—Adoption of New Business Models (continued)
Adoption of New Business Models—Subscription-based Tire Selling by Zenises
Adoption of New Business Models—Amazon Selling ‘Services as a Solution’
Adoption of New Business Models—Impact on Channel Participants
Trends in Tire Retailing—Connected Services
Connected Services—Opportunities in Tire Retail
Auxiliary Services—Goodyear
Connected Services—Impact on Channel Participants
Trends in Tire Retailing—Influx of Tier-4 Tires
Growth of Low-cost Tire Imports
Tire Aftermarket—Tier-4 Market Scenario
Influx of Tier-4 Tires—Impact on Channel Participants
Growth Opportunity—Connected Stores
Strategic Imperatives for Tire Retailers
Key Conclusions
The Last Word—3 Big Predictions
Legal Disclaimer
Market Engineering Methodology
Popular Topics
| No Index | No |
|---|---|
| Podcast | No |
| Author | Anuj Monga |
| Industries | Automotive |
| WIP Number | MCFF-01-00-00-00 |
| Keyword 1 | Tire Retailing |
| Is Prebook | No |
| GPS Codes | 9800-A6,9801-A6,9AF6-A6 |