Tyre Prices Increased 34 per cent Since 1999
(Akron/Tire Review) The $15 billion US replacement tyre market has grown 34 per cent since 1999, according to a new study from Research and Markets. Volume sales benefit from an automobile fleet that is larger and older than any in US history. However, the real growth in the market increased in what consumers spend per tyre, with average price per tyre rising from $59 in 1999 to $76 in 2005.