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You are here: Home1 / GfK

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Four out of five consumers changing tyre shopping behaviour

Company News, International News, Premium, UK News
Craig Adderley; Pexels

Following what was generally regarded as an insightful presentation on the impact of coronavirus on global, European and UK tyre markets, the panel for our “New Tyres in Corona-World” Virtual Tyre Industry Conference 2020 session (James Ward, senior insight manager, GfK; Andrea Manenti, VP north region, Bridgestone; and Pravesh Amtha, Sales General Manager Consumer UK&I, Goodyear) moved into a discussion relating to how manufacturers are working on creatively supporting the tyre trade in the face of the second lockdown and ongoing pandemic- and economy-related complications.

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Related news:

  1. Amazon’s increasingly influential role in tyre sales
  2. UK car drivers increasingly interested in all-season tyres
  3. Tyre sales down, but not as much as feared – GfK
  4. Michelin the number one consumer researched tyre brand: Tyre Reviews
26th November 2020/by Chris

Polarised brand tier growth in UK van tyre market

Market Info, Premium, Product News, UK News
Ford

While van manufacturers have been both developing their electric portfolios and sustaining a double-digit sales contraction in a pandemic affected market, the picture for van tyre suppliers is certainly not as hostile. As we will see in this feature, the requirements of e-commerce and electric vehicles are providing new impetus to van tyre suppliers in the medium term. But 2020 UK figures generated by market data analyst GfK’s Point of Sales Tracking show that the segment is faring better than many with the travails of this year. At the same time, several trends are coalescing to improve the fortunes of van tyre suppliers.

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Related news:

  1. Long-term trend shows winter tyres receding, all-season rising in UK
  2. All-season tyre growth, especially for premium brands – GfK
  3. GfK: UK still amongst largest and fastest growing SUV tyre markets
  4. How the UK aftermarket is enduring Brexit and lockdown weather
23rd November 2020/by Andrew

Tyre sales down, but not as much as feared – GfK

Company News, International News, Premium, UK News

5 November saw the inaugural virtual Tyre Industry Conference, with Tyres & Accessories bringing the traditional annual conference into the virtual arena due to Covid-19 restrictions. Produced in association with the NTDA and supported by Cam Systems, our expert panel was comprised of James Ward, senior insight manager, GfK; Andrea Manenti, VP north region, Bridgestone; and Pravesh Amtha, sales general manager Consumer UK&I, Goodyear. The wide-ranging 45-minute conversation covered a lot of bases, but the first session, which was designed to focus on the new tyre market’s recent trends and statistics began with a presentation from James Ward.

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Related news:

  1. Four out of five consumers changing tyre shopping behaviour
  2. 2018 UK truck tyre market data overview
  3. 4×4 tyre sales down 6%
  4. Goodyear’s European motorsport renaissance continues despite pandemic challenges
23rd November 2020/by Chris

Some all-season 4×4 tyre sales growing despite lockdown

Product News, UK News
Dariusz Sakowski; Pixabay

The latest data might show that 4×4 replacement tyre sales are down 6 per cent, however Tyres & Accessories asked market analysts GfK how past trends compare with current realities and found: 4×4 tyres have been hit by the effects of the Covid-19 pandemic, but far less than most other segments. At the same time, the all-season 4×4 tyre sub-segment witnessed some examples of positive growth.

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Related news:

  1. Tyre sell-out up 4% overall, value tyre sales growth outpaces premium 4:1
  2. SUV tyres continue to drive 4×4 tyre sales growth
  3. 4×4 tyre sales remain strong, but SUV sub-segment growing twice as fast
  4. All-season tyre growth, especially for premium brands – GfK
15th September 2020/by Chris

4×4 tyre sales down 6%

Premium, UK News
Dariusz Sakowski; Pixabay

4×4 retail tyre sales have long been a growth area and the UK market constitutes one of the leading lights in Europe. More recent growth has been driven by similarly strong SUV vehicle sales as well as consumer switches towards all-season products. At the same time, more practical and off-road-orientated vehicles have also been supporting 4×4 tyre sales.

Tyres & Accessories logoThis article will appear in full in the September edition of Tyres & Accessories. Not yet a subscriber? You can change that here.

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Related news:

  1. The increasingly high-value UK tyre replacement market
  2. Tyre sell-out up 4% overall, value tyre sales growth outpaces premium 4:1
  3. Have the truck tyre import tariffs ‘worked’?
  4. Tyre sales down, but not as much as feared – GfK
7th September 2020/by Chris

All-season tyre growth, especially for premium brands – GfK

Market Info, Premium, Product News, UK News
Yokohama

The Covid-19 pandemic and lockdown has made 2020 an annus horribilis for the UK car tyre market, with a near quarter-long lockdown slashing miles driven, original equipment sales due to prolonged factory closures, and reducing sales opportunities further with the government’s MOT exemption. However, tyre businesses have begun ramping up again in response to the reopening of business sectors, people returning to work, and the possibility that private car usage could become increasingly popular as commuters avoid public transport – though the trend for working from home could create more than a headwind for any growth in miles driven. Perhaps the greatest driver of UK car tyre sales growth in 2020 could be the projected spike in MOTs in the autumn, as the period of exemption expires for many pandemic affected motorists. Halfords Autocentres estimates that there could be an 85 per cent jump in demand for MOTs in October – click here for Tyrepress’s own analysis of the MOT situation. Why is this important in a feature about all-season and winter tyres? As we are about to see, the all-season tyre segment continued its impressive growth over April 2019 – March 2020.

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  1. Long-term trend shows winter tyres receding, all-season rising in UK
  2. Mid-range all-season tyres lead market growth
  3. Davanti unveils wave of new product, partnership news at first conference
  4. 4×4 tyre sales remain strong, but SUV sub-segment growing twice as fast
6th August 2020/by Andrew

How the UK aftermarket is enduring Brexit and lockdown weather

Premium, UK News
Perfect Storm? How the UK aftermarket is enduring the Brexit and lockdown weather (Photo: Herbert Santos; Pexels)Herbert Santos; Pexels

The last time Tyres & Accessories took a close look at the aftermarket sector back in July 2019, we took the optimistic view that the UK aftermarket space would be able to weather the Brexit storm. Of course, back then Brexit and trans-Atlantic trade wars were the most significant pressures on aftermarket parts segment. Now, however, things are considerably more complex and unpredictable. So, in this analysis we examine the most recent pre-lockdown data as well the latest mid-lockdown information in order to answer the question: is the UK aftermarket still weathering the storm?

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Related news:

  1. Tyre dominance in overall aftermarket beginning to diminish
  2. MOTs worth £177 million a year in UK tyre sales
  3. All-new policy?
  4. Long-term trend shows winter tyres receding, all-season rising in UK
22nd June 2020/by Chris

Global car tyre demand to contract 20-30 per cent in 2020 – GfK

International News, UK News
GfK

On the morning of 10 June 2020, well-respected market analysts GfK hosted an webinar for north of 170 European tyre executives. Overall, the “Global Car Tyre Market Overview” presentation concluded that, while there are many variables and unknowns, retail tyre demand in 2020 market is likely to be down 20-30 per cent compared with 2019.

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Related news:

  1. Tyre demand declining 15 to 26 per cent in 2020
  2. Car tyre market growing in [rim] size
  3. The increasingly high-value UK tyre replacement market
  4. UK car drivers increasingly interested in all-season tyres
10th June 2020/by Chris

Growth in upper UHP tyre sizes continues

Premium, Product News, UK News
Goodyear

The latest GfK data based on its tyre retail sell-out sources – what it refers to as its panelmarket – shows that UHP tyre sizes, especially above 17″, continued to represent a growing market in 2019. The analyst compared UHP tyres, here defined as 17” and above, in the period from January 2018 to December 2018 with January 2019 to December 2019. The first column shows that 17” takes a share of the total tyre market of just over one-fifth (21 per cent). 17” has been a popular size for many years, benefitting from the transition of more compact cars onto higher rim sizes. However, growth in 17” dimensions has now plateaued, with this figure representing no change on the previous year’s data.

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Related news:

  1. Growth in every size segment from 17” up, but rapidly slowing
  2. Ultra high performance tyres – a premium market place?
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  4. Goodyear’s new Eagle F1 Asymmetric 3 boasts strong improvements in mileage and braking
8th June 2020/by Andrew

4×4 tyre sales remain strong, but SUV sub-segment growing twice as fast

Product News, UK News

Last month we heard that, according to the latest market data collated by analysts at GfK, both the value and the volume of the overall sell-out UK car tyre replacement market decreased in 2019. However, the value-rich SUV tyre sub-segment and its all-season tyre sub niche continue to show encouraging signs of growth. So, with this in mind, the March magazine’s SUV tyre feature takes a closer look at the latest trends in this particular market space.

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Related news:

  1. All-season tyre growth, especially for premium brands – GfK
  2. Mid-range all-season tyres lead market growth
  3. GfK: SUV sales drive UK tyre market post-Brexit
  4. Long-term trend shows winter tyres receding, all-season rising in UK
20th February 2020/by Chris

Vredestein: all-season SUV tyre trend favours our specialist range

Product News, UK News
Vredestein all-season SUV tyres

In January GfK’s “panelmarket” identified SUV tyres and all-season tyres as top two growing sub-segments in 2019. Indeed, since all-season tyre sales have shot up 19 per cent in terms of value and 13 per cent up in volume, the UK market is now selling four times as many all-season tyres as winter tyres sold at their peak. Within this, high performance tyres and bigger size tyres, specifically 17-inch and over, are growing fastest (see separate article for further details).

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Related news:

  1. 4×4 tyre sales remain strong, but SUV sub-segment growing twice as fast
  2. All-season tyre growth, especially for premium brands – GfK
  3. Vredestein: Premium all-season tyres are trending
  4. Quatrac Pro: “fully focused” on UHP segment
20th February 2020/by Chris

UK car drivers increasingly interested in all-season tyres

UK News

Evidence from a number of market research sources concurs – increasing numbers of motorists are choosing all-season tyres for their cars. The first indication came from GfK data, which compared the percentage growth of all-season tyre sales reported by its UK panelmarket (in terms of volume and value) in 2018 with seasonal tyre sales during 2019. Winter tyre sales volumes were down 1 per cent last year. During the same period, winter tyre values fell three times faster (down 3 per cent).

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Related news:

  1. Tyre sell-out up 4% overall, value tyre sales growth outpaces premium 4:1
  2. Long-term trend shows winter tyres receding, all-season rising in UK
  3. 2019 UK car tyre stagnation, but strong all-season and SUV tyre growth
  4. Four out of five consumers changing tyre shopping behaviour
29th January 2020/by Chris

2019 UK car tyre stagnation, but strong all-season and SUV tyre growth

Premium, UK News
Vredestein VW Touareg all-season

The combination of political disruption and Brexit uncertainty made 2019 a tough year for the UK economy in general, so it is not surprising to learn that this was reflected in the overall passenger car tyre replacement market. According to the latest sell-out UK tyre replacement market data collated by analysts at GfK, the headline news is that both the value and the volume of the decreased in 2019. But there are reasons for hope, with signs of growth remaining in the value-rich SUV tyre sub-segment and with evidence of strong growth in sales of all-season tyres.

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Related news:

  1. The increasingly high-value UK tyre replacement market
  2. UK car drivers increasingly interested in all-season tyres
  3. Everything pointed to UK tyre market growth in 2014, but…
  4. UHP tyre prices recovering…
22nd January 2020/by Chris

4×4 and SUV product mix shifting towards budget tyres

Premium, Product News, UK News

Larger capacity, increased comfort in the cabin and multi-terrain capabilities are just some of the reasons why motorists are continuing to choose SUVs when purchasing a new vehicle.
Indeed, SUVs and crossovers currently account for a third of the UK’s best-selling cars list of 2019 to date, with offerings from Nissan, Ford and Kia among the biggest sellers.

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Related news:

  1. Mid-range all-season tyres lead market growth
  2. SUV tyres continue to drive 4×4 tyre sales growth
  3. The increasingly high-value UK tyre replacement market
  4. 2019 UK car tyre stagnation, but strong all-season and SUV tyre growth
27th August 2019/by Chris

Have the truck tyre import tariffs ‘worked’?

International News, Premium, UK News

The size of the UK truck tyre market by sell-out unit volume fell 9.8 per cent in 2018 set against the backdrop of European import tariffs, according to GfK data presented at Autopromotec 2019. But what do the tell us about the effectiveness of the tariffs?

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5th June 2019/by Chris
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