Freedonia In The News
Article Title: Global tire sales to grow 4.3% per year
Publication: Tire Business, 1/17/2014
Freedonia Study: World Tires (3105)
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Led by growth from Asia, in particular China and India, demand for tires worldwide should increase 4.3 percent annually through 2017 to 2.9 billion units, according to market researchers Freedonia Group Inc.
Seen in value terms, the study, "World Tires," expects the world market to grow nearly 8 percent annually, reaching $276 billion by 2017.
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