SEARCH   
MEMBER LOGIN    

Tire Manufacturing in Canada: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Tire Manufacturing in Canada Market Research Report | NAICS 32621CA | Jun 2014

Slow rolling: Offshoring will continue to limit growth, despite pent-up demand for tires

IBISWorld’s Tire Manufacturing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 09-14
1.7%
Annual Growth 14-19
Add to Cart
Profit
Add to Cart
Employment
6,441
Businesses
88
Industry Analysis & Industry Trends

Industry revenue plunged during the recession as a result of the crisis in the automobile industry and low disposable income across the economy. Since then, the industry has begun to recover, and pent-up demand will continue to promote growth over the next five years; however, offshoring will increasingly limit industry expansion. In the long term, the industry is declining... purchase to read more

Industry Report - Industry Analysis Chapter

The Tire Manufacturing industry in Canada is emerging from the depths of the tar pits. Pent-up demand for replacement tires after the recession has fueled significant growth; consumers who held off on purchasing tires in the midst of the downturn returned to stores at accelerating rates. Additionally, tire manufacturers are also resolidifying their supply relationships with automakers. Since the recession, vehicle production has increased and vehicle sales have been growing at a remarkable pace. This trend has restored demand for new tires from the automakers and has helped the industry grow. As a result, IBISWorld expects industry revenue to grow at an annualized rate of 1.7% to $2.3 billion over the five years to 2014... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Tire Manufacturing Industry?

This industry is primarily engaged in manufacturing tires and inner tubes from natural and synthetic rubber. The finished products are then sold to motor vehicle manufacturers and tire wholesalers. Operators within this industry do not retread tires.

Industry Products
Car replacement tiresLight truck replacement tiresCar original equipment tiresMedium and heavy duty truck replacement tires
 
Industry Activities
Pneumatic, semipneumatic and solid-rubber tireInner tubeMotor vehicle tireTire repair material


View Sample
Quote
Select Clients