Wheel of fortune: Growth in motor vehicle numbers has driven industry demand

The Tyre Retailing industry has performed strongly over the past five years. Tyre retailers sell new and used tyres and tubes for motor vehicles, including passenger vehicles, commercial vehicles, motorcycles, scooters and other vehicles. Some industry firms also provide tyre-related after-sales services, such as wheel alignment and balancing and puncture repairs. Industry operators have benefitted from an increase in the size and age of New Zealand's vehicle fleet over the past five years. Growth in the number of motor vehicles in New Zealand has boosted the potential market for new tyres, while older vehicles have typically had more use and are more likely to require replacement tyres. Industry revenue is expected to rise at an annualised 3.7%...read more.

Industry Statistics & Market Size
Annual Growth 14-19
Forecast Growth 19-24
Market Share of Companies

Industry Threats & Opportunities

  • New Zealand’s growing vehicle fleet has supported industry demand over the past five years
  • Industry firms are facing increased external competition from online-only retailers
  • Industry participation is anticipated to continue rising over the next five years
  • Industry Report - Industry Analysis Chapter

    The Tyre Retailing industry has performed well over the past five years. The number of motor vehicles in New Zealand has grown strongly over the period, creating a larger market for industry products. Additionally, an increase in the average age of New Zealand’s vehicle fleet and rising freight volumes have supported demand for tyres. With an increase in domestic road freight volumes in response to a growing New Zealand population and rise in online shopping, road freight operators have increased the size of their vehicle fleets and are travelling more kilometres, which has boosted demand for tyres. Industry revenue is expected to rise at an annualised 3.7% over the five years through 2018-19, to total $935.3 million. This trend includes revenue growth of 1.4% i...purchase to read more.

    Additional Insights for the Tyre Retailing Industry

    IBISWorld has determined the most important Key Success Factors for the Tyre Retailing are:

  • Having links with suppliers
  • Having a wide and expanding product range
  • Provision of superior after sales service
  • IBISWorld analysts also discuss how external factors such as Number of motor vehicles and Average age of vehicle fleet in the Tyre Retailing industry impact industry performance..

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    What's in this report

    What is the Tyre Retailing in New Zealand Industry?

    Industry operators primarily retail new and reconditioned tyres for motor vehicles. Industry firms also carry out fitting services such as wheel balances and alignments. Online-only tyre retailers are excluded from the industry.

    Industry Products
  • Light passenger vehicle tyres
  • Light commercial vehicle tyres
  • Heavy truck and bus tyres
  • Motorcycle tyres
  • Industry Activities
  • Motor vehicle tyre and tube retailing
  • Motorcycle and scooter tyre and tube retailing
  • Tyre fitting and wheel alignment and balancing
  • Minor tyre and tube repairs
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Number of motor vehicles
  • Average age of vehicle fleet
  • Demand from road freight transport
  • Trade-weighted index
  • World price of rubber

  • Current Performance
  • Industry structure
  • Vehicle fleet
  • Online competition
  • Environmental concerns
  • Participation

    and profit

  • Chart: Revenue Growth

  • Industry Outlook
  • Driving demand
  • Competitive pressures
  • Environmental concerns
  • Global factors
  • Participation

    and profit

  • Table: Tyre Retailing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Tyre Retailing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Road Freight Transport in New Zealand
  • Taxi and Limousine Transport in New Zealand
  • Tourism in New Zealand
  • Consumers in New Zealand

  • Key Selling Industries
  • Motor Vehicle New Parts Wholesaling in New Zealand

  • Products & Services
  • Light passenger vehicle tyres
  • Light commercial vehicle tyres
  • Heavy truck and bus tyres
  • Other
  • Motorcycle tyres
  • Chart: Tyre Retailing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Private customers
  • Commercial customers
  • Chart: Major Market Segmentation for the Tyre Retailing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Tyre Retailing

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Tyre Retailing Industry

  • Industry Globalization
    Bridgestone New Zealand Limited,
  • Table: Bridgestone New Zealand Limited - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Tyre Retailing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Tyre Retailing Industry
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Wages (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
  • Motor vehicles based on a wagon body style, which have a high ground clearance and are built on a light-truck chassis.
  • Wheel Alignment
  • Wheel alignment is a service provided to keep the steering wheel and tyres in the straight ahead position.
  • Wheel Balancing
  • When new tyres get fitted to a wheel, the wheel needs to be rebalanced to ensure that the wheel rotates evenly.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Tyre Retailing in New Zealand 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.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Tyre Retailing in New Zealand:
    • 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 New Zealand 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

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Tyre Retailing in New Zealand, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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