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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

The Tire Manufacturing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 09-14
1.7%
Annual Growth 14-19
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Profit
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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 Locations Chapter

The spread of establishments in the Tire Manufacturing industry in Canada falls roughly in line with the overall spread of the Canadian population. Tire manufacturers operate in highly populated areas in order to more easily reach target demographics or markets. Thus, the provinces with the highest share of establishments are Ontario and Quebec.

Ontario is expected to account for 37.4% of all industry establishments in 2014. The province's population share will be an estimated 38.4% in 2014. Alternatively, Quebec is expected to account for 19.6% of all establishments, while the province's population share will be an estimated 23.6% in the same year. Industry operators that reside in Ontario or Quebec benefit from being in close proximity to domestic downstream auto manufacturers... 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


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