Bharat Book Bureau Provides the Trending Market Research
Report on “Canada Tire Market By
Vehicle Type (Passenger Cars, Light Commercial Vehicles, Medium & Heavy
Commercial Vehicles, Two- Wheelers & Off Road Vehicles), By Demand Category
(OEM Vs Replacement), By Radial Vs Bias, By Tube Vs Tubeless, Competition,
Forecast & Opportunities, 2024” under Automotive category. The report offers a collection of superior market research, market analysis,
competitive intelligence and industry reports
.
Canada
Tire Market stood at $ 4.9 billion in 2018 and is
projected to grow at a CAGR of around 4.9% during 2019-2024 to reach $ 6.4
billion by 2024, on the back of increasing industrialization and growing
penetration of online sales channels across the country. The tire market in
Canada relies on tire imports from several countries. Moreover, tire demand is
anticipated to grow from the replacement sector, as the automobile fleet in the
country has been growing at a brisk pace over the last several years. The tire
industry of Canada is categorized into different vehicle segments namely
passenger cars, light commercial vehicles, medium & heavy commercial
vehicles, off-the road vehicles and two-wheelers. Owing to high production and
sales volume of passenger cars, demand for passenger car tires is expected to
account for the largest market share during the forecast period.
Request a free sample copy of Tire Market Report @ https://www.bharatbook.com/marketreports/sample/reports/1586727
Years considered for this report:
Historical Years: 2014 - 2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020-2024
Objective of the Study:
• To analyze and forecast Canada tire market size.
• To classify and forecast Canada tire market based on vehicle type,
demand category, radial vs bias, tube vs tubeless, region and company.
• To identify drivers and challenges for Canada tire market.
• To examine competitive developments such as expansions, new product
launches, mergers & acquisitions, etc., in Canada tire market.
• To identify and analyze the profile of leading players operating in
Canada tire market.
Some of the major players operating in Canada tire market are Michelin
North America (Canada) Inc., Goodyear Canada Inc., Bridgestone Canada Inc.
(BSCA), Hankook Tire Canada Corporation, Continental Tire Canada, Inc., Pirelli
Tire Inc., Kumho Tire Canada Inc., Yokohama Tire (Canada) Inc., Toyo Tire
Canada Inc. and Cooper Tire & Rubber Company Canada Ltd.
To perform the study, Our Research conducted primary as well as
exhaustive secondary research. Initially, Our Research prepared an exhaustive
list of tire dealers operating in the country. Subsequently, Our Research
conducted primary research surveys, which included primary calls, email
responses, etc., with the identified companies. While interviewing, the
respondents were also asked about their major competitors. Our Research analyzed
product offerings, distribution channels, and regional presence of all major
tire suppliers across Canada.
Our Research calculated Canada tire market size by using a bottom-up
technique, wherein manufacturers’ volume sales data for different vehicle types,
were recorded as well as forecast for the future years. Our Research sourced
these values from industry experts and company representatives, and externally
validated through analyzing historical sales data of respective manufacturers
to arrive at the overall market size. Multiple secondary sources such as
directories, databases such as OICA, company websites, company annual reports,
white papers, investor presentations and financial reports were also studied by
Our Research.
Browse our full report with Table of Contents : https://www.bharatbook.com/marketreports/canada-tire-market-by-vehicle-type-passenger-cars-light-commercial-vehicles-medium-heavy-commercial-vehicles-two-/1586727
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