Recovery’s small steps show most valuable consumer, light commercial tyre segments
The 2021 recovery of the UK car, SUV and van tyre (Light Vehicle) replacement market may not have been the desired quick return to pre-pandemic numbers, but GfK data supplied exclusively to Tyres & Accessories gives us some idea of how 2019 market growth areas have preserved continuity through the last two Covid-afflicted years. Tyres designed for the larger rims of higher performance and newer car models, SUV and light commercial vehicle tyres, and tyres offering performance in all seasons continued to grow at quicker rates than the whole UK replacement tyre market. These overall figures, shown in the top left-hand corner of the infographic, show that unit sales increased by three per cent within the panelmarket – similar figures comparing 2020 with 2019 published in February 2021 showed that unit sales contracted by 14 per cent for comparison. Meanwhile, the value of the UK’s Light Vehicle tyre market rose by seven per cent according to the panelmarket. GfK’s panelmarket data tracks points of sale around the UK to indicate aftermarket tyre trends – the data used for this article compares January-December 2021 to full-year 2020.