Canada Tire Market
Comprehensive Analysis and Forecast 2024 to 2030
Canada Tire Market Overview: 2024-2030
Base Year: 2023
Historical Years: 2019-22
Forecast Years: 2024-2030
The Canada Tire
Market size is valued at USD 5.1 billion in 2023 & is estimated to grow at
a CAGR of around 2.4% during the forecast period, i.e., 2024-30. The Canada
Tire Market is going through significant growth due to multiple drivers
like technological advancements and, of course, increasing healthcare needs.
The increase in road accidents throughout the country creates a greater demand
for X-rays.
Markntel
Advisor’s Canada Tire Market
Insights report provides the current and forecast market analysis, individual
leading companies' market shares, challenges, Canada Tire Market drivers,
barriers, Canada Tire Market Trends, and Key Players in Canada Tire Market.
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Canada Tire Market Dynamics: 2024-2030
Canada Tire Market Driver:
Stringent Norms Associated with Vehicle
Safety - With an
escalating number of road accidents, the Canadian government is encouraging
automakers to manufacture tires with utmost safety while urging vehicle owners
to replace tires timely and have periodic inspections on their conditions to
ensure vehicle & passenger safety at all times. These aspects are likely to
instigate the leading companies in the Canada Tire Market to introduce new
products and enhance their overall product portfolio while delivering safer
tires to the customers.
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Full Report with Detail Analysis –
https://www.marknteladvisors.com/research-library/canada-tire-market-analysis.html
Canada Tire Market (2024-30):
Segmentation Outlook
The market
report has segmented the market into the following categories:
By Type of Vehicles
-Passenger Car
-Light
Commercial Vehicle
-Buses and
Trucks
-Medium and
Heavy Commercial Vehicles
-Off the Road
(OTR)
-Two Wheelers
By Demand Category
-OEM
-Replacement
By Type of Tire
-Radial
-Bias
By Sales Channel
-Dealer/Exclusive
Outlets
-Online
-Direct Sales
By Season
-All season
-Summer
-Winter
By Price Category
-Budget (Up to
USD90)
-Economy
(USD91-USD140
-Premium (Above
USD140)
By Rim Diameter
-Up to 12”
-1” to 15”
-1.” to 18”
-1” to 20”
-1” to 22.5”
-6” to 26”
-1” to 35”
-1” to 47”
-Above 47”
By Region
-West
-North
-South
-East.
Note - If there are any particular
details you need that are not currently included in the report, we will be
happy to provide them as part of our customization
services.
Top Companies Operating in the Canada
Tire Market:
Continental Tire
Canada, Bridgestone Canada (BSCA), Yokohama Tire (Canada), Hankook Tire Canada,
Goodyear Canada, Michelin North America (Canada), Kumho Tire Canada, Pirelli
Tire, Toyo Tire Canada, Others.
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