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You are here: Home1 / sell-out

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Tyre sell-out up 4% overall, value tyre sales growth outpaces premium 4:1

Premium, Product News, UK News

No review of 2016 would be complete without a look at some market data. During the course of researching this feature Tyres & Accessories asked market research specialists GfK to share some key insights into what has been happening in the UK tyre retail market during the last year or so. GfK’s data is contained in the infographic below and discussed here by us. Clearly 2016 hadn’t come to an end at that point, so the data reflects GfK’s Point of Sales Tracking information comparing November 2014 to October 2015 with November 2015 to October 2016.

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25th November 2016/by Tyrepress Editors

Everything pointed to UK tyre market growth in 2014, but…

Premium, UK News

Without being too dramatic, 2014 was a bit of a disappointment. All the macroeconomic and sector-specific indicators seemed to point to 2014 being the year when the tide turned and when sell-out replacement tyre volumes finally started growing again. And yet the market looks like it is going to be down again when the full-year 2014 figures come in. Despite being a fully mature market, the UK car tyre replacement sector has basically been on varying degrees of a downer for the last six years. Things are not as bad as they were, but they certainly aren’t showing the signs of slow, stable growth they once were. With all this in mind, Tyres & Accessories spoke with GfK automotive account director Kevin Glynn in order to get a handle on what happened this year and what we can expect in 2015.

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Related news:

  1. Tyre sell-out up 4% overall, value tyre sales growth outpaces premium 4:1
  2. November winter tyre figures point to strong season
  3. All-new policy?
  4. UHP tyre prices recovering…
27th November 2014/by Tyrepress Editors

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