top of page
Circana Navigation
Left Sidebar.jpg

Resources

Demand Signals Report

CPG Demand Signals Report

Monitoring the impact of macroeconomic factors, including tariffs, on volume, price, and supply on U.S. consumer behavior within the CPG Industry. 

New strategies and tactics.

Circana's official announcements.

Circana in the press.

Industry rankings vs. previous data period.

See how Circana can help your business grow.

Perspectives from our thought leaders.

A curriculum to address your needs.

Solving challenges that matter to you.

Thought leaders giving growth insights.

Consumer insights and buying trends.

cider-background.jpg

Cold weather = cozy habits unlocked. ❄️

Quick Insight

☕Americans drink 40% more hot chocolate during the winter months (December–February) than any other time of year. What’s your go-to cozy beverage?

Which cozy drink do you prefer?

Company

Solutions

Not sure where to start?

Uncover the right solution for your business in a few clicks.

Our Liquid Data® technology provides cross-industry data and advanced analytics in a single, open platform.

SOLUTIONS

Answer the most pressing business questions.

Designed for small CPG businesses. 

Curated reports and guided analysis.

Data and analytics for a single source of truth. 

Liquid-Data-Go-Hero.jpg

Liquid Data Go®

Grow Faster.

Dream Bigger.

Liquid Data Go® helps growing CPG brands show their value with insights into performance, consumer behavior, e‑commerce trends, and pricing across key retailers.

Suggested solutions

Liquid Data Go® helps small to midsize CPG brands grow faster and dream bigger.

Understand complex consumer behavior with clear, accurate insights into omnichan…

Circana’s Liquid Data Collaborate™ solution helps you bring all your data togeth…

Not sure where to start?

Uncover the right solution for your business in a few clicks.

Right Sidebar.jpg

Double-Digit Sales Growth From Larger Tires is Easing Market Challenges, Reports Circana

By

Circana

Circana

Jun 26, 2023

Posted in:

Category

Replacement tires with a rim diameter of under 18 inches account for the majority of retail sales in the U.S.

Solution-area_edited.jpg

Est. Read Time:

2

mins

You're reading:

Double-Digit Sales Growth From Larger Tires is Easing Market Challenges, Reports Circana

Like it? Share it!

In This Article

Link
Link
Link
  • Writer: Circana
    Circana
  • Jun 26, 2023
  • 2 min read

CHICAGO, June 26, 2023 – Replacement tires with a rim diameter of under 18 inches account for the majority of retail sales in the U.S., but larger rim-diameter tires are delivering growth in the challenged market. Unit sales of replacement passenger-car and light-truck tires with rim diameters of 18 inches or larger grew 10% in February 2023, year over year, according to Circana, formerly IRI and The NPD Group.


“The dynamics of the auto market, the time cars spend on the road, and the ways in which drivers maintain them have shifted,” said Nathan Shipley, automotive industry analyst for Circana. “Larger rim diameters have become more popular in newer cars, and the higher income consumers who are more likely to buy newer cars are currently spending on car care and maintenance.”


Replacement Tire Retail Sales by Diameter Passenger Car/Light Truck Unit Sales, 3-Year February Trend

Passenger Car/Light Truck Unit Sales, 3-Year February Trend

The 17- to 17.5-inch diameter group remains the biggest sellers, with 30% of retail sales, but those sales have leveled off this year. Sales of replacement tires with 18- to 18.5-inch rims have grown consistently, year over year, and now account for 20% of all unit-sales volume.


The growth in larger rim sizes varies by region. Five of the top ten DMAs for 18-inch-and-larger diameter tire share are located in Texas. However, the Saint Louis DMA, which under-indexes for this rim diameter, is the fastest growing out of all tracked markets.


“While the retail replacement tire market appears challenged at the macro level, potential for growth exists,” Shipley said. “Digging deeper to understand demand related to particular products, the behavior of targeted consumer groups, and saturation levels at a regional level can reveal untapped opportunity.”

Subscribe to the latest content from Circana

Add a Title

About the author

Person has been working in [position] since [date]

View all solutions that

bottom of page