GfK Releases Report on UK Tyre Market
A much-awaited insight into our local tyre market has become available following the release of the first in a series of regular reports produced by market research company GfK. The GfK report into retail sales of new tyres divides the market into three distinct channels; national multiples (retailers with over 100 branches), regional multiples (10-99 branches) and independents (1-9 branches). Data from thousands of depots has been collected and analysed over a six-month period, and GfK has estimated the total UK new tyre replacement market (for car, 4×4 and light commercial vehicles) to be 28.4 million units.