Bonn, Germany – German tire retail association the BRV anticipates largely stable sales figures in the country’s replacement tire market in 2018.
The only variation will be in the consumer sector, where BRV sess potential growth of 0.8% in both the car and off-road tire segments.
The BRV forecasts flat trading in all other market segments during 2018, from HGV to the niche markets.
"The consolidation phase in the tire replacement business will continue," said BRV managing director Yorick Lowin.
The BRV leader does expect growth in the all-season tire category reaching 12% during this year, before flattening out.
“The fact that the expected increase for the entire consumer tire segment is significantly lower at 0.8% is due to all-season tires in all three product categories of the segment having the lowest share," concluded Lowin.