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Car Tire Industry Statistics

Tire Industry Statistics
Total amount of annual sales in car tires $32.1 billion
Total amount of annual sales for off road tires $401 million
Total amount of annual sales for heavy truck tires $5.1 billion
Total amount of annual sales for passenger vehicle tires $21.8 billion
Total amount of annual sales for light truck tire sales $4.3 billion
Total amount of annual sales for farming tires $502 million
Car Tire Market Share Statistics Market Share
Goodyear 15.5%
Michelin 12 %
Bridgestone 8 %
Yokohama 8 %
Kumho 7.5 %
Hankook 6.5 %
Falken 5.5 %
BFGoodrich 5 %
Continental 4 %
Dunlop 4 %
Nexen 4 %
Toyo 4 %
Firestone 3.5 %
Pirelli 3.5 %
Cooper 3 %
General 2 %
Kelly 1.5 %
Nitto 1.5 %
Sumitomo 1 %
Others 3.5 %
Consumer Tire Retail Market Share Market Share
Independent tire dealers 61 %
Mass Merchandisers 14 %
Warehouse clubs 8.5 %
Tire company-owned stores 7.5 %
Auto Dealerships 6.5 %
Miscellaneous Outlets 2.5 %
Statistic & Data References
Sources: Modern Tire Dealer, Drive Steady
Date research was conducted: February 5th, 2015