You are here: / GfK

Posts

UK’s LCV tyre market retained 2019 value in 2020 – GfK

, , ,

The UK light commercial vehicle tyre market had a relatively dynamic year in 2020, with value and volume changes in certain sub-segments driven by an increase in higher rim diameter tyre sizes, as well as increased demand for all-season – and even winter – performance. According to GfK panelmarket data, which tracks points of sale, comparing the calendar year 2020 to 2019, these growth subsegments supported a 2020 light commercial vehicle tyre market value change across all rim sizes of 0 per cent, while volume was down only -2 per cent. While LCV operators were not entirely immune to the effects of the Covid-19 pandemic and its attendant lockdowns, these figures show how the essential services supported by van operators, such as last mile delivery resulting from booming e-commerce, allowed LCV tyres to achieve results within touching distance of pre-pandemic norms.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. High performance tyre segment growing across Europe
  2. GfK: SUV sales drive UK tyre market post-Brexit
  3. Looking up? Why there’s more room for tyre demand improvements
  4. GfK: UK still amongst largest and fastest growing SUV tyre markets
/by

UK’s 19”-plus market dominated by premium summer fitments – GfK

, , ,
Hankook

The car tyres with the largest dimensions represented the segment least negatively affected by the pandemic and its lockdowns in Europe. While UHP tyre demand varied through the lockdowns of 2020 – as you might expect within a segment quickly trending towards 30 per cent of the entire European market – the negative trend was kept relatively under control. This was increasingly the case as you look further up the size range. Tyres & Accessories asked market analyst GfK to examine full-year panelmarket data, which tracks points of sale around the UK to indicate aftermarket tyre trends, for the top 19” and above car tyre segment in calendar year 2020 versus 2019. The infographic on this page shows its characteristics, as well as the relatively mild effects of the last year on retail sales of the highest performance tyres.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. Growth in every size segment from 17” up, but rapidly slowing
  2. Growth in upper UHP tyre sizes continues
  3. Ultra high performance tyres – a premium market place?
  4. The increasingly high-value UK tyre replacement market
/by

4×4 and SUV tyre sales down 12 per cent

, ,
Dariusz Sankowski; Pixabay

For the last few years Sports Utility Vehicle (SUV) take-up has continued apace. Indeed, according to the latest UK vehicle registrations figures, cars that can be described as SUVs now occupy a significant portion of new vehicle market share. Indeed, the Nissan Qashqai crossover was the third most popular purchase in February 2021, according to the Society for Motor Manufacturers and Traders (SMMT). And the Volvo XC40 as well as the Volkswagen T-Roc and Tiguan also figure in the top 10. Of course, all these vehicles need tyres so there is every chance that the recent trend towards SUV tyre replacement sales is also going to continue over the next few years. But what about last year? With these trends in mind, the month’s SUV tyre feature takes a closer look the best products on the market beginning with a detailed look at the latest market data produced in association with GfK.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. The increasingly high-value UK tyre replacement market
  2. 4×4 tyre sales down 6%
  3. Some all-season 4×4 tyre sales growing despite lockdown
  4. SUV tyres continue to drive 4×4 tyre sales growth
/by

Covid year a catalyst for UK light vehicle tyre market trends

, , ,

Common sense seems to dictate that when you tell the majority of the population to stay home, vehicle utilisation – and therefore tyre consumption – should be down across the board. And in a blunt sense the latest full-year panelmarket data from GfK, which tracks points of sale around the UK to indicate aftermarket tyre trends, does show that this happened. However, the latest infographic from the automotive market data analyst also reveals a few more subtle patterns to consumer behaviour in the difficult 12 months of 2020, compared with the previous period. This article is available in Tyres & Accessories’ February issue.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. All-season tyre growth, especially for premium brands – GfK
  2. Long-term trend shows winter tyres receding, all-season rising in UK
  3. Winter growth for GT Radial following all-season product introduction
  4. Conserving costs, maximising business: Apollo Tyres’ response to the coronavirus pandemic
/by

Four out of five consumers changing tyre shopping behaviour

, , ,
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.

The rest of this article is for subscribers only:
Log inSubscribe

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
/by

Polarised brand tier growth in UK van tyre market

, , ,
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.

The rest of this article is for subscribers only:
Log inSubscribe

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
/by

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

, , ,

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.

The rest of this article is for subscribers only:
Log inSubscribe

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
/by

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

,
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.

Read more

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. All-season tyre growth, especially for premium brands – GfK
  4. 18 and 19-inch 4×4 tyres sizes experience price recovery
/by

4×4 tyre sales down 6%

,
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.

The rest of this article is for subscribers only:
Log inSubscribe

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
/by

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

, , ,
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.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  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
/by

How the UK aftermarket is enduring Brexit and lockdown weather

,
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?

The rest of this article is for subscribers only:
Log inSubscribe

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
/by

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

,
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.

Read more

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
/by

Growth in upper UHP tyre sizes continues

, ,
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.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. Growth in every size segment from 17” up, but rapidly slowing
  2. Ultra high performance tyres – a premium market place?
  3. The increasingly high-value UK tyre replacement market
  4. Goodyear’s new Eagle F1 Asymmetric 3 boasts strong improvements in mileage and braking
/by

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

,

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.

Read more

Related news:

  1. All-season tyre growth, especially for premium brands – GfK
  2. Mid-range all-season tyres lead market growth
  3. Some all-season 4×4 tyre sales growing despite lockdown
  4. Conserving costs, maximising business: Apollo Tyres’ response to the coronavirus pandemic
/by

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

,
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).

Read more

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
/by