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Research Outline
Prepared for Michelle B. | Delivered March 5, 2020
Automotive Tire Retail Sales
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Goals
To find out the number of automotive tires sold annually in the United States through retailers such as Walmart, Kmart, Sears, etc.
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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
P
f
e
f
f
e
r
l
e
, 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.
P
f
e
f
f
e
r
l
e
, 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
m
o
d
e
r
n
t
i
r
e
d
e
a
l
e
r
.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.
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