Automotive Tire Retail Sales

Goals

To find out the number of automotive tires sold annually in the United States through retailers such as Walmart, Kmart, Sears, etc.

Early Findings

  • In 2019, the retail market for automotive tires in the United States collected a total revenue of US$42 Billion.
  • The total number of retailers selling automotive tires in the United States was recorded at 38,790.
  • Between 2014 and 2019, the retail market for automotive tires in the United States grew at an annualized growth rate of 2.1%.
  • As far as the average cost of an automotive tire in the United States is concerned, according to Chris Pfefferle, president of Pfefferle Tire and Automotive Service in Fairfield, Ohio, the average cost of a new tire is around $100 for an average car, $175 for an SUV and $200 for a pickup truck.
  • According to Mr. Pfefferle, a low-to-high range for an average car is about $70 to $150.
  • As estimated by CostHelper, a standard, all-season automotive tire costs between $50 and $200 each with an average price of $80 to $150.
  • As published by moderntiredealer.com in their 2018 report, Independent tire dealers represent 61.5% of the passenger tires sold directly to the consumer in the United States which totals 127 million tires.
  • The next largest tire retail group, mass merchandisers, accounts for direct sales of 24 million tires.
  • In 2017, the market share of the diverse stakeholders within the United States consumer tire retail market were as follows: Independent tire dealers: 61.5%; Mass Merchandisers: 11.5%; Warehouse clubs: 9.0%; Auto dealerships: 9.0%, Tire company-owned stores: 6.5% and Miscellaneous outlets: 2.5%.

In addition to this public search, we scanned our proprietary research database of over 1 million sources and were unable to find any specific research reports that address your goals.

Proposed next steps:

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In our initial research, we could find out the number of auto tires sold in the US retail market by mass merchandisers. However, the latest data available was for 2017. Therefore, we propose continued research to triangulate the latest number of tires sold (for FY 2019) annually, in the United States, by retailers, such as Walmart, Kmart, Sears, etc.
We also recommend continued research to find out the list of 5-7 top retailers of automotive tires in the United States. The ranking of these retailers (e.g. Walmart, Kmart, Sears) would either be done as per the total number of tires sold from their outlets (online and offline combined) or as per the volume of sales in terms of US$.
We also propose continued research to find out 5-7 key trends in the automotive tire retail market. Apart from describing what the trend is, the research would also describe what the drivers of the trends are and provide examples of companies that are front runners in capitalizing on these trends.