Tag: GfK

Have the truck tyre import tariffs ‘worked’?

Have the truck tyre import tariffs ‘worked’?

5th June 2019 | 0 Comments

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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Do tariffs and trade wars work?

Do tariffs and trade wars work?

5th June 2019 | 0 Comments

At the time of going to press, the President of the United States of America is mid-way through a state visit to the UK. Before he even landed on British soil, President Donald Trump stirred up controversy by tweeting his disparaging thoughts about London Mayor Sadiq Kahn. Whatever view one might hold about the propriety of Trump’s visit, we all know that 31-gun salutes and tea with the queen are about more than niceties. Sure enough less than 24 hours into the state visit, presidential talk turned to trade, with Trump backing out-going Prime Minister Theresa May to complete Brexit negotiations and promising a “phenomenal” trade deal between the US and UK. But all this is set against the backdrop of all-out trade war between the US and China at the same time that Europe is involved in somewhat more Cold War-esque trade skirmishes with China as well. The questions are: do such measures work? And what do they mean for the tyre business?

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SUV tyres continue to drive 4×4 tyre sales growth

SUV tyres continue to drive 4×4 tyre sales growth

1st March 2019 | 0 Comments

Sales of SUV tyres continue to drive growth in the UK 4x4 tyre replacement market, with UHP-orientated tyres growing even faster. According to the latest data provided by market analysts GfK, these trends have come while there have been no clear changes in the market’s brand segmentation, which suggests product mix and volume growth must be behind the improvement.

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The increasingly high-value UK tyre replacement market

The increasingly high-value UK tyre replacement market

7th December 2018 | 0 Comments

4x4/SUV and UHP markets continued to grow in 2018 As part of our review of 2018, Tyres & Accessories asked market research specialists to give an overview of some of the key trends that have taken place in the UK car, 4x4 and light truck replacement tyre market trends during the course of the year. In doing so, we have a good foundation for looking forward into 2019 and beyond. What we found was that UK tyre replacement market is increasingly high-performance and increasingly high-value. GfK’s Panelmarket data compares the period between November 2016 and October 2017 with November 2017 to October 2018. Reading left to right, the infographic below shows the percentage share of the panelmarket broken down by vehicle type (passenger car, 4x4 including SUV and light commercial vehicle); key changes in the panelmarket during the last 12 months broken down by rim diameter; brand tier split; and the two five tyre sizes.

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Budget truck tyres still gaining on premium, despite import tariffs

Budget truck tyres still gaining on premium, despite import tariffs

31st August 2018 | 0 Comments

2018 has been an important year for the European and UK truck tyre markets. With anti Chinese-produced truck tyre tariffs having been introduced in May, some sources – especially those focusing on retreading – are already reporting a positive uptick in demand as a result of reduced numbers of Chinese-produced tyres. But how does this translate into the new tyre market? Here Tyres & Accessories considers the latest data from market research specialists GfK, with a particular focus on the UK new truck tyre replacement market.

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Vredestein: Premium all-season tyres are trending

1st August 2018 | 0 Comments

Apollo Vredestein says it is “well-placed to fulfil the UK demand” highlighted by data that was recently released by GfK Panelmarket. The tyre maker is referring to all-season tyres and opines that the Vredestein all-season range is “perfectly positioned to answer a trend which shows significant growth of all-season in SUV fitments and even more dramatic for ultra-high-performance tyres.”

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Mid-range all-season tyres lead market growth

Mid-range all-season tyres lead market growth

27th July 2018 | 0 Comments

There are signs of significant growth at the top end of the all-season tyre segment, with volume and value skyrocketing in the ultra-high performance tyre segment. According to GfK Panelmarket data comparing figures from July 2016 to June 2017 with the period between July 2017 to June 2018, sales of all-season tyres are up a healthy 9 per cent overall.

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Growth in every size segment from 17” up, but rapidly slowing

Growth in every size segment from 17” up, but rapidly slowing

14th June 2018 | 0 Comments

The UK’s high performance tyre sector – in this case defined by tyre diameters of 17” and above – has continued its growth trend, but at a very much slower rate than in 2017.

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2018 UK truck tyre market data overview

2018 UK truck tyre market data overview

23rd May 2018 | 0 Comments

The latest data from market analysis specialists GfK suggests that the market is predominantly made up of regional usage 22.5-inch tyres – a trend that is increasing year-on-year. Here Tyres & Accessories takes a look at the latest market data from a number of sources in order to give an overview of current trends. This article focuses on data provided by GfK, but – owing to the fact that it is current hot topic – also analyses different estimates about how many tyres are made in China, something that is outside the scope of the data provided by GfK and therefore our conclusions on this point are something quite separate to GfK’s input.

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4×4 SUV tyre sector value up 18 per cent

4×4 SUV tyre sector value up 18 per cent

1st March 2018 | 0 Comments

In our February Car Tyre feature, Tyres & Accessories published some of the latest UK tyre replacement market trends data produced by GfK. That data suggested that SUV tyre sales data was a key driver of both increased rim size as well as volume and value growth in the market. This month, as part of our SUV tyres feature, we take a closer look at the trends in the 4x4 and SUV sector specifically and find that the trends are repeated and developed within the sector.

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Car tyre market growing in [rim] size

Car tyre market growing in [rim] size

5th February 2018 | 0 Comments

The car tyre market is growing in size – at least in terms of rim diameter. According to the latest UK car tyre market sell-out data produced by market research specialists GfK, 39 per cent of market is now made up of 17-inch and larger rim diameter products. And what’s more the trend points to continued growth. The GfK Point of Sales Tracking data compares figures from January to December 2016 with those from January 2017 to December 2017 in order to produce the comparisons published here.

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Study: All-season 4% of UK tyre sales in 2016

13th October 2017 | 0 Comments

According to a study carried out for Kumho Tire, sales of all-season tyres in the UK are only a little over half the European average. Kumho contracted market research institute GfK to look at all-season tyre sales in ten European countries; GfK found that four per cent of tyre buyers in the UK opted for all-season products.

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Long-term trend shows winter tyres receding, all-season rising in UK

Long-term trend shows winter tyres receding, all-season rising in UK

15th August 2017 | 0 Comments

The viability of a sustained winter tyre market in the UK has long been categorised as doubtful, with sales rarely climbing to 2 per cent. Meanwhile recent improvements in tyre technology and the introduction of products looking to change their perception, led by the Michelin CrossClimate’s success in the fleet market, have seen all-season tyres become an increasingly attractive proposition.

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Ultra high performance tyres – a premium market place?

Ultra high performance tyres – a premium market place?

22nd May 2017 | 0 Comments

The UK ultra-high performance sector (defined as 17-inch diameters and above) now represents some 38.8 per cent of the UK tyre market. That’s according to the latest market data produced by experts at GfK whose Point of Sales Tracking data compared sales in the period between May 2015 to April 2016 with May 2016 to April 2017. In order to better understand the high performance sector, Tyres & Accessories took a close look at the latest GfK information.

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CAM to sever GfK ties as Tyre Intelligence Europe development accelerates

13th March 2017 | 0 Comments

CAM has announced it will sever its ties with the market research company GfK, coinciding with the emergence of the Tyre Intelligence Europe data platform. CAM will relinquish its role in extracting data provided by regional and independent dealers through the agency of its software systems on GfK’s behalf. The service to extract data from customer systems will cease at midnight on 31 March 2017.

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