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