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 | Aug 2015

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

IBISWorld’s Tire Manufacturing market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 10-15
5.1%
Annual Growth 15-20
Add to Cart
Profit
Add to Cart
Employment
7,267
Businesses
67
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. 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 execpted to continue declining... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

Over the 10 years to 2020, industry value added (IVA), a measure of the industry's contribution to the overall economy, is expected to increase 3.2% per year on average. Meanwhile, Canadian GDP is expected to grow 2.2% over the same period. Growth in domestic production capacity has slowed over the past decade, as manufacturers increasingly relocate their manufacturing operations to low wage-cost countries or other North American Free Trade Agreement (NAFTA) countries.

The global financial crisis has magnified structural problems in the Car and Automobile Manufacturing industry (IBISWorld report 33611a), ultimately resulting in the bankruptcy filings for GM and Fiat Chrysler... 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 also retread tires.

Industry Products
Passenger replacement tiresLight truck replacement tiresOriginal 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