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2018 Market Analysis & Industry Outlook: Tire Dealers


Overview of the U.S. Tire Dealers Industry

This section provides answers to key questions about the industry:
  1. What is the total market size (industry revenue)?
  2. What is the industry outlook?
  3. Market Analysis: Is the market growing or declining, and how quickly?
  4. Are long-term forecasts positive or negative?
  5. What is the average company size in the industry?
  6. How many companies are in the industry?

Market Size & Industry Statistics

The total U.S. industry market size for Tire Dealers: Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders. In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.

Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.

market size 2018
Charts and graphs can be copied to Microsoft Word and Powerpoint presentations.

Statistics 2012        2013        2014        2015        2016        2017
Market Size
(Total Sales/Revenue)


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Total Firms
Total Employees
Average Revenue Per Firm
Average Employees Per Firm
Statistics Source: U.S. Census, AnythingResearch Market Analysis



Market Forecast[PREMIUM]

Market forecasts show the long term industry outlook and future growth trends. The following five-year demand forecast projects both short-term and long-term trends.

market forecast

Forecast / Industry Outlook 2017 2018 2019 2020 2021 2022
Market Forecast ($ millions)
Projected Industry Growth Rate (%)
Source: AnythingResearch Economic Analysis

Product & Services Breakdown

Research products and services in the Tire Dealers industry generating sales. Note that products are broken into categories with different levels of classification.

Product DescriptionNumber of Companies Sales ($ millions) Percent of Total Sales

Industry Total

Automotive Lubricants, Including Oil, Greases.

Automotive Tires, Tubes, Batteries, Audio Equipment, Parts, Access

New Automobile & Light Passenger Truck Tires & Tubes

New Medium- & Heavy-Duty Truck & Bus Tires

Retreaded Or Used Automobile & Light Passenger Truck Tires

Retreaded Or Used Medium- & Heavy-Duty Truck & Bus Tires

Automotive Batteries

Automotive Parts, Used, Including Wheels

Automotive Parts, New & Rebuilt, Including Wheels

Automotive Accessories, Including Safety & Comfort Related Items

All Nonmerchandise Receipts

Labor Charges For Work Performed By This Establishment

Parts, Paint & Materials Installed In Repair



U.S. Geographic Distribution: Revenue Statistics by State

Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.

U.S. map of Tire Dealers by state

Tire Dealers Industry Price Trends

Rise and fall in market prices are affectedd by supply, demand, and the cost of goods/services sold. Higher demand or COGS will put upward price pressure on prices. Higher competition among Tire Dealers companies will put a downward pressure on prices. The chart shows how prices are changing within the industry, month-to-month over the last three years.

price index trends

Income Statement (Average Financial Metrics)

Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.

Industry AveragePercent of Sales
(Industry Benchmark)
Total Revenue

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Operating Revenue
Cost of Goods Sold
Gross Profit

Operating Expenses
Pension, profit sharing plans, stock, annuity
Repairs
Rent paid on business property
Charitable Contributions
Depletion
Domestic production activities deduction
Advertising
Compensation of officers
Salaries and wages
Employee benefit programs
Taxes and Licenses
Bad Debts
Depreciation
Amortization
Other Operating Expenses
Total Operating Expenses
Operating Income
Non-Operating Income
EBIT (Earnings Before Interest and Taxes)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit
 
Source: AnythingResearch Analysis of U.S. federal statistics




Financial Ratio Analysis

Financial ratio information can be used to benchmark how a Tire Dealers company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.

Profitability & Valuation RatiosIndustry Average
Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Tire Dealers industry is performing.
Profit Margin
Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues.
Return on Equity (ROE)
Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings).
Return on Assets (ROA)
Return on Assets (ROA) is net income relative to total assets. The market research on Tire Dealers measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets.


Liquidity RatiosIndustry Average
Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability.
Current Ratio
Measures a firm's ability to pay its debts over the next 12 months.
Quick Ratio (Acid Test)
Calculates liquid assets relative to liabilities, excluding inventories.


Efficiency Ratios - Key Performance IndicatorsIndustry Average
Measure how quickly products and services sell, and effectively collections policies are implemented.
Receivables Turnover Ratio
If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections.
Average Collection Period
Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover
Inventory Turnover
A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort.
Fixed-Asset Turnover
Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue.



Compensation & Salary Surveys for Employees

Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.

TitlePercent of WorkforceBottom Quartile Average (Median) SalaryUpper Quartile
Management Occupations 3%

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Chief Executives0%
General and Operations Managers2%
Sales and Related Occupations 43%
Supervisors of Sales Workers 7%
First-Line Supervisors of Sales Workers 7%
First-Line Supervisors of Retail Sales Workers 7%
Retail Sales Workers 35%
Counter and Rental Clerks and Parts Salespersons 20%
Parts Salespersons 18%
Retail Salespersons 14%
Retail Salespersons 14%
Office and Administrative Support Occupations 8%
Installation, Maintenance, and Repair Occupations 33%
Vehicle and Mobile Equipment Mechanics, Installers, and Repairers 28%
Automotive Technicians and Repairers 13%
Automotive Service Technicians and Mechanics 13%
Miscellaneous Vehicle and Mobile Equipment Mechanics, Installers, and Repairers 15%
Tire Repairers and Changers 15%
Transportation and Material Moving Occupations 12%
Motor Vehicle Operators 10%
Driver/Sales Workers and Truck Drivers 10%
Light Truck or Delivery Services Drivers 9%
Source: Bureau of Labor Statistics


Tire Dealers Industry Market Share [PREMIUM]

Largest companies in the industry and related industries, with private company revenue estimates.

CompanyAddressRevenue Estimate









Innovation News

  • Mountain View Tire & Service trademarks "MOUNTAIN VIEW TIRE & AUTO SERVICE" - Retail tire stores - 10/17/2017
  • Breeden Holding trademarks "BOULEVARD TIRE & SERVICE" - Retail tire stores - 05/06/2014
  • Island Propreties Investments trademarks "MAUI RESORT RENTALS" - Real estate services - 07/22/2011




  • Top Innovators

    CompanyInnovation Score
    Big O Tires
    Bridgestone Retail Operations

    Additional companies, details and innovation scoring in the full report.

    Latest Industry News

    • Racers Edge Performance Now Selling Dunlop Race Tires Online And At The Track - Over the coming weeks Racers Edge will announce dealers in the Southern California area that will help facilitate and install these online orders. After ordering their tires from www.racersedgeperformance.com, Racers Edge customers can go to one of these ... (01/12/2018)
    • From Miner to Tire Dealer - Walt Holland comes from a family of miners. Growing up he worked in the uranium mine his father owned, and he went on to spend 30 years working in Nevada’s gold, silver and copper mines. He eventually became a mine operations manager for Newmont Mining ... (01/11/2018)
    • For independent dealers, PPMs keep buyers coming back - those who did not have this benefit in 2015 made 75 percent of their service visits to dealers in 2017. These plans typically feature a package of discounted oil services, tire rotations, fluid service or other routine maintenance functions. Plan holders ... (01/10/2018)
    • Tires: The Unfair Advantage - I found no place in Ferrari’s online configurator, dealer price guide, or dealer order guide where you can spec a track-focused tire. Additionally, TireRack’s website doesn’t list the Michelin Pilot Sport Cup 2 “K1” (Ferrari-spec tire ... (01/10/2018)
    • Lynn R. Blamires: Street legal UTVs bring changes in tire market - Unfortunately, this kind of tire won’t last long on pavement. Dealers are now offering machines with after-market tires to meet the needs of street legal machine buyers. These radial tires have 8- to 10-ply ratings with more lugs to increase tread ... (01/09/2018)
    • Mavis Acquires Kauffman Tire’s Retail Business - Mavis Discount Tire, based in Millwood, New York is one of the largest independent multi-brand tire dealers in the United States and offers a menu of additional services including brakes, alignments, suspension, shocks, struts, oil changes, battery ... (01/08/2018)
    • Bruce Halle dies; billionaire founder of Discount Tire was 87 - ... Tire in Michigan with an inventory of only six tires in 1960 and grew the company into the largest independent tire dealer in North America, died Thursday. He was 87. Officials at the company headquarters in Scottsdale, Arizona, said Halle died in his ... (01/06/2018)
    • Discount Tire founder, Eastern Michigan alum Bruce T. Halle dies - Halle starting with an inventory of just six tires. He grew the store to become the largest independent tire dealer in North America, with more than 900 locations in 29 states and employing 18,000 people. "It is with heavy hearts that we share the news ... (01/05/2018)
    • Discount Tire Confirms Passing of Founder and Chairman, Bruce Halle - He accepted the induction into the Modern Tire Dealer Hall of Fame in 2014. Discount Tire holds the Guinness World Record for longest-running advertisement, consistently airing since 1975. Giving back to the communities where customers and employees ... (01/05/2018)
    • Bruce Halle, Discount Tire founder and Arizona's richest man, dies at 87 - He previously served in the Korean War in the Marine Corps. Discount Tire today claims to be the largest independent tire dealer in North America, with more than 900 locations in 30 states and 18,000 employees. “I am deeply saddened by the news of the ... (01/05/2018)


    Government Contracts

    In 2016, the federal government spent a total of $1,201,226 on Tire Dealers. It has awarded 143 contracts to 41 companies, with an average value of $29,298 per company.   

    Top government vendors:

    CompanyFederal ContractsTotal Award Amount



    Growth Opportunities / Competitive Threats

    Companies in other industries may also sell similar products. Since there is an overlap in the customer base, there may be an opportunity for companies in Tire Dealers to sell additional products/services offered by these adjacent industries. Alternatively, these industries may identify further products in this industry to target. Products most at risk are those with the highest profit margins and lowest barriers to entry.

    The following industries are competing channels for sales of similar products/services.

    Automotive Tires, Tubes, Batteries, Parts, Accessories
    Competing IndustrySales Relative to Tire DealersOpportunity/Threat
    Automotive Parts & Accessories Stores
    New Car Dealers
    Warehouse Clubs, Supercenters & Big Box Retail Competing industry
    Online (Internet) Shopping Competing industry
    Mail-Order Houses Competing industry

    Sales from other industries of Automotive Tires, Tubes, Batteries, Parts, Accessories are less than those from Tire Dealers. This may mean that other channels are a competitive risk of increasing their Automotive Tires, Tubes, Batteries, Parts, Accessories sales, taking market share from this industry.
    Automotive Tires, Tubes, Batteries, Parts, Accessories Product Sales Report



    Automotive Parts, New And Rebuilt, Including Wheels
    Competing IndustrySales Relative to Tire DealersOpportunity/Threat
    Automotive Parts & Accessories Stores
    New Car Dealers
    Used Car Dealers Competing industry

    Sales from other industries of Automotive Parts, New And Rebuilt, Including Wheels are less than those from Tire Dealers. This may mean that other channels are a competitive risk of increasing their Automotive Parts, New And Rebuilt, Including Wheels sales, taking market share from this industry.
    Automotive Parts, New And Rebuilt, Including Wheels Product Sales Report



    Automotive Batteries
    Automotive Batteries Product Sales Report

    Automotive Lubricants, Including Oil, Greases
    Automotive Lubricants, Including Oil, Greases Product Sales Report

    Automotive Parts, Used, Including Wheels
    Automotive Parts, Used, Including Wheels Product Sales Report

    Automotive Supplies
    Automotive Supplies Product Sales Report



    Segments classified within this market research report

    This industry market research report includes companies whose primary business is any of the following:
    Used tire dealers, Used automotive tire dealers, Tire dealers, automotive, Automotive tire dealers, etc.



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