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High and Ultra High-performance Tyres Drive the Polish Aftermarket Says Frost & Sullivan - Despite a recent slight decrease in light vehicle sales, the Polish tyre aftermarket will remain stable thanks mainly to winter tyre and high-performance (HP)/ultra high-performance (UHP) tyre sales
High and Ultra High-performance Tyres Drive the Polish Aftermarket Says Frost & Sullivan

 

NewswireToday - /newswire/ - London, United Kingdom, 2010/06/29 - Despite a recent slight decrease in light vehicle sales, the Polish tyre aftermarket will remain stable thanks mainly to winter tyre and high-performance (HP)/ultra high-performance (UHP) tyre sales.

   
 
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Factors such as speed, performance and appearance are expected to play key roles in promoting the market.

New analysis from Frost & Sullivan (automotive.frost.com), Strategic Opportunity Analysis of the Polish Passenger Car and Light Commercial Vehicle Tyre Aftermarket: Identifying Growth Opportunities, finds that the market earned revenues of $547.00 million in 2008 and estimates this to reach $712.00 million in 2015.

"Tyres with higher speed ratings are likely to boost the growth of the Polish tyre aftermarket in the mid and long terms," argues Frost & Sullivan Research Analyst Vitaly Belskiy. "Polish customers are becoming increasingly value-oriented but remain keenly interested in performance, handling, wet grip, rolling resistance and durability."

These factors should vitalize the market, hiking sales in the winter, premium, and HP and UHP segments of the Polish tyre aftermarket. Stable new car sales, increased transport activities and strong brand awareness should also add to the aftermarket potential.

This boost would be very timely, as it follows the 2009 slump in new car and light commercial vehicles sales and lower used light vehicle imports. Although the overall influence of these negative factors is expected to abate, higher input prices (including energy and tighter environment regulations) may remain detrimental to the market.

"Polish tyre aftermarket will likely decline by 1.8 per cent in 2010 due to lower new car sales in 2009," explains Belskiy. For this reason, focusing on future revenue-generating segments, such as winter tyres, HP and UHP tyres, and tyres with higher diameters, is necessary to overcome current challenges "Paying greater attention to the growth segments, taking all necessary steps, and adjusting production capabilities, will help in readying the participants when demand recovers," concludes Belskiy.

If you are interested in more information on this study, please e-mail Monika Kwiecinska, Corporate Communications, at monika.kwiecinska@frost.com, with your full name, company name, title, telephone number, company e-mail address, company website, city, state and country.

Strategic Opportunity Analysis of the Polish Passenger Car and Light Commercial Vehicle Tyre Aftermarket: Identifying Growth Opportunities is part of the Automotive & Transportation Growth Partnership Services programme, which also includes research in the following markets: Strategic Opportunity Analysis of the Russian and Ukrainian Tyre Aftermarket, Russian Automotive Market Outlook, and Russian Market of Commercial Vehicles. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from 40 offices on six continents.

Strategic Opportunity Analysis of the Polish Passenger Car and Light Commercial Vehicle Tyre Aftermarket: Identifying Growth Opportunities
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High and Ultra High-performance Tyres Drive the Polish Aftermarket Says Frost & Sullivan

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Publisher Contact: Monika Kwiecinska 
+48 22 390 4127 monika.kwiecinska[.]frost.com
 
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