May 18, 2021

Canada Tire Market Size, Share | Global Report

Canada tire market stood at $ 4.9 billion in 2018 and is projected to grow at a CAGR of around 4.9% during 2019-2024 to reach $ 6.4 billion by 2024, on the back of increasing industrialization and growing penetration of online sales channels across the country. The tire market in Canada relies on tire imports from several countries. Moreover, tire demand is anticipated to grow from the replacement sector, as the automobile fleet in the country has been growing at a brisk pace over the last several years.

Source: Barchart

Tire and Rubber Association of Canada

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