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Tires Sourcing and Procurement Report by Top Spending Regions, Market Price and Trends| SpendEdge

NEW YORK, July 12, 2021 -- In-depth analysis and data-driven insights on the impact of COVID-19 on the Tires market, predicts that this market expects a price change of 3%-5% during the forecast period. Find More Detailed Insights on the Trends and Challenges:

Frequently Asked Questions: 

  • What are the major market threats?
    Suppliers in this market have moderate bargaining power owing to low pressure from substitutes and a moderate level of threat from new entrants.
  • What is the expected price change in the market?
    The Tires Market is expected to have a CAGR of 3.54% during 2020-2024.
  • Who are the key vendors in Tires Market?
    Bridgestone Corp., Compagnie Générale des Établissements Michelin, The Goodyear Tire & Rubber Co., Continental AG, Pirelli & C. S.p.A., Sumitomo Rubber Industries Ltd., Hankook Tire & Technology Co. Ltd., The YokohamaRubber Co. Ltd., Cheng Shin Rubber Ind. Co. Ltd., and ZC-Rubber, are some of the major market participants.
  • What are the pricing models followed by buyers?
    Contract-based pricing, cost-plus pricing, and volume-based pricing are the widely adopted pricing models in commercial vehicle cabin procurement.
  • What will be incremental spend in Tires?
    The procurement market will register an incremental spend of about $ 46 billion, during 2020-2024.
  • What is the expected CAGR of Tires Market?
    The Tires market will grow at a CAGR of about 3.54% during 2020-2024.

SpendEdge suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. SpendEdge's in-depth research has direct and indirect COVID-19 impacted market research reports.

Receive Free Sample Report to access the definite purchasing guide on Tires procurement.

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To access the definite purchasing guide on the Tires that answers all your key questions on price trends and analysis:

  • The market's top pricing models
  • What are the factors driving the price changes?
  • Changing price forecasts
  • How is the price forecast expected to change? What is driving the current and future price changes?
  • Key trends and drivers in this market

Table of Content

  • Executive Summary
  • Market Insights
  • Category Pricing Insights
  • Cost-saving Opportunities
  • Best Practices
  • Category Ecosystem
  • Category Management Strategy
  • Category Management Enablers
  • Suppliers Selection
  • Suppliers under Coverage
  • US Market Insights
  • Category scope
  • Appendix

About SpendEdge:

SpendEdge shares your passion for driving sourcing and procurement excellence. We are the preferred procurement market intelligence partner for 120+ Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering robust, real-time procurement market intelligence reports and solutions.

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Anirban Choudhury
Marketing Manager
Ph No: +1 (872) 206-9340

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