Tyre Retailing in Australia - Market Research Report

Tyre Retailing industry trends (2014-2019)

poll Average industry growth 2014–2019: 2.6%

The Tyre Retailing industry has grown at a modest pace over the past five years, benefiting from the rising number of motor vehicles on Australian roads. As vehicle sales volumes have grown, more vehicles have entered their tyre replacement cycles, driving demand for industry retailers. While the number of vehicles on the road has increased, many consumers have reduced the amount they drive to minimise running costs. Fewer kilometres driven means tyres are taking longer to wear down, limiting demand growth for the industry. Overall, industry revenue is expected to rise at an annualised 2.3% over the five years through 2019-20, to $5.6 billion. The total number of registered cars is expected to grow in 2019-20. This trend, along with a rise in total k...
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Tyre Retailing industry outlook (2019-2024)

poll Average industry growth 2019-2024: x.xlockPurchase this report or a membership to unlock the average company profit margin for this industry.

The Tyre Retailing industry is projected to grow modestly over the next five years. A rising number of registered motor vehicles in Australia is anticipated to continue supporting demand for tyre retailers. However, consumers are anticipated to continue driving less, delaying the need for replacement tyres. Despite a forecast increase in fuel prices, overall demand for fuel is anticipated to rise, partly due to the greater fuel efficiency of new vehicles. This will likely lead to a greater amount of total distance covered by car drivers, and therefore increased tyre wear. The Australian dollar is forecast to appreciate slightly over the period. As the industry includes only tyres sold in Australia, a stronger dollar is projected to reduce tyre prices...
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Tyre Retailing industry statistics

  • attach_money Market Size: $5bn
  • business Number of Businesses: 3,286
  • poll Average Industry Profit Margin: x.x%
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  • supervisor_account Industry Employment: 11,537

Biggest companies in the Tyre Retailing industry

The companies holding the largest market share in the Tyre Retailing in Australia industry include Goodyear Australia Pty Limited, Bridgestone Australia Ltd, Tyrepower Ltd and Conti Trade Australia Pty Ltd.

  • pie_chart Goodyear Australia Pty Limited Market Share: x.x%
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  • pie_chart Bridgestone Australia Ltd Market Share: x.x%
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  • pie_chart Tyrepower Ltd Market Share: x.x%
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  • pie_chart Conti Trade Australia Pty Ltd Market Share: x.x%
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What is Tyre Retailing industry?

Industry Definition

Industry participants sell new and reconditioned tyres for passenger cars, utility vehicles, SUVs, vans, buses, trucks and motorcycles. Tyre retailers do not retread motor vehicle tyres, but often carry out minor repairs on tyres. The retailing process can also include fitting services such as wheel balances and alignments.

Industry Products and Services

  • Passenger vehicle tyres
  • Light commercial vehicle tyres
  • Truck and bus tyres
  • Motorcycle tyres
  • Other tyres
  • Wheels, batteries and other products
  • Tyre and mechanical services

Industry Activities

  • Motor vehicle tyres and tubes retailing
  • Motorcycle or scooter tyres and tubes retailing
  • Minor tyre and tube repairs

Market research report - table of contents

Industry Definition

Industry participants sell new and reconditioned tyres for passenger cars, utility vehicles, SUVs, vans, buses, trucks and motorcycles. Tyre retailers do not retread motor vehicle tyres, but often carry out minor repairs on tyres. The retailing process can also include fitting services such as wheel balances and alignments.

Main Activities

  • Motor vehicle tyres and tubes retailing
  • Motorcycle or scooter tyres and tubes retailing
  • Minor tyre and tube repairs

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

The number of motor vehicles refers to all vehicles registered to drive on Australian roads, including passenger and commercial vehicles. Most motor vehic...
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Number of motor vehicles
Average age of vehicle fleet
Demand from fuel retailing
Trade-weighted index

Current Performance

Demand trends
Falling prices
Commercial tyres
 Chart: Revenue Growth

Industry Outlook

Import penetration
Fuel prices
External competition
 Table: Tyre Retailing in Australia - Market Research Report Industry Revenue Outlook

Industry Life Cycle

Life Cycle Reasons
 Chart: Benchmarking - Tyre Retailing in Australia - Market Research Report Industry Lifecycle vs The Economy

Supply Chain

Key Buying Industries

Road Freight Transport in Australia
Interurban and Rural Bus Transport in Australia
Urban Bus and Tramway Transport in Australia
Taxi and Limousine Transport in Australia
Consumers


Key Selling Industries

Motor Vehicle New Parts Wholesaling in Australia
Retail Property Operators in Australia





Products & Services

Tyre retailers stock a range of tyres, including passenger vehicle tyres, light commercial vehicle tyres, truck and bus tyres and motorcycle tyres. While ...
Commercial customers
Fleet buyers




Demand Determinants

General consumption trends such as disposable income influence demand. When consumers have more disposable income, they are more willing to spend money on...
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Major Markets

Commercial customers
Fleet buyers





 Chart: Major Market Segmentation for the Tyre Retailing in Australia - Market Research Report Industry

International Trade

Business Locations

Chart: Business Locations by State Chart: Business Locations by State

Market Share Concentration

The Tyre Retailing industry exhibits low market share concentration. The four largest players account for an estimated 32% of industry revenue in 2019-20....
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Key Success Factors

Cost Structure Benchmarks

Profit, Purchases, Wages, Other Costs
 Chart: Cost Structure Benchmarking – Sector vs Tyre Retailing in Australia - Market Research Report

Basis of Competition

Internal competition
External competition

Barriers to Entry

 Table: Barriers to Entry Checklist for the Tyre Retailing in Australia - Market Research Report Industry

Industry Globalization

Goodyear Australia Pty Limited, which was incorporated in 1926 as a tyre repair and retreading centre, is a subsidiary of the US-based global tyre manufac...
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Goodyear

 Table: Goodyear - financial performance

Bridgestone

 Table: Bridgestone - financial performance

Tyrepower

 Table: Tyrepower - financial performance

Conti Trade Australia

 Table: Conti Trade Australia - financial performance

Capital Intensity

The Tyre Retailing industry is characterised by low capital intensity. For every dollar invested in capital across the industry, an estimated $7.00 is pai...
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 Chart: Level of Capital Intensity for the Tyre Retailing in Australia - Market Research Report Industry
 Chart: Tools of the Trade: Growth Strategies for Success

Technology & Systems

Revenue Volatility

Chart: Volatility vs Industry Growth Chart: Volatility vs Industry Growth

Regulation & Policy

Industry Assistance

Table: Industry data Table: Industry Data for the Tyre Retailing in Australia Industry

Industry Revenue (2007-2026)
Industry Gross Product (2007-2026)
Establishments (2007-2026)
Businesses (2007-2026)
Employment (2007-2026)
Exports (2007-2026)
Imports (2007-2026)
Wages (2007-2026)
Domestic Demand (2007-2026)

Table: Annual Percentage Change for Key Industry Data Table: Annual Percentage Change for Key Industry Data

Table: Key Ratios for Industry Key Dat Table: Key Ratios for Industry Key Data

Table: Industry Financial Ratios Table: Industry Financial Ratios

Liquidity Ratios
Coverage Ratios
Leverage Ratios
Operating Ratios
Cash Flow & Debt Service Ratios (% of Sales)
Assets, %
Liabilities, %

FOUR-WHEEL DRIVE (4WD)

RETREAD

WHEEL ALIGNMENT

WHEEL BALANCE

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Included in Report

  • Industry Financial Ratios
    Industry Financial Ratios
  • Revenue Forecasts
    Revenue Forecasts
  • Historical and Forecast Growth
    Historical and Forecast Growth
  • Industry Market Size
    Industry Market Size
  • Industry Major Players
    Industry Major Players
  • Profitability Analysis
    Profitability Analysis
  • SWOT Analysis
    SWOT Analysis
  • Industry Trends
    Industry Trends
  • Industry Operating Conditions
    Industry Operating Conditions
  • Porter's 5 Forces Analysis
    Porter's 5 Forces Analysis

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This report on Tyre Retailing in Australia:

  • Provides Market Size information to assist with planning and strategic decisions.
  • Includes the necessary information to perform SWOT, PEST and STEER analysis.
  • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
  • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.

The Tyre Retailing in Australia market research report includes:

  • Historical data and analysis for the key drivers of this industry
  • A five-year forecast of the market and noted trends
  • Detailed research and segmentation for the main products and markets
  • An assessment of the competitive landscape and market shares for major companies
  • And of course, much more

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