Tires Sourcing and Procurement Report by Top Spending Regions, Market Price and Trends| SpendEdge

Frequently Asked Questions: 

• What are the major market threats?
  Suppliers in this market have moderate bargaining power owing to low pressure from substitutes and a moderate level of threat from new entrants.
• What is the expected price change in the market?
  The Tires Market is expected to have a CAGR of 3.54% during 2020-2024.
• Who are the key vendors in Tires Market?
  Bridgestone Corp., Compagnie Générale des Établissements Michelin, The Goodyear Tire & Rubber Co., Continental AG, Pirelli & C. S.p.A., Sumitomo Rubber Industries Ltd., Hankook Tire & Technology Co. Ltd., The YokohamaRubber Co. Ltd., Cheng Shin Rubber Ind. Co. Ltd., and ZC-Rubber, are some of the major market participants.
• What are the pricing models followed by buyers?
  Contract-based pricing, cost-plus pricing, and volume-based pricing are the widely adopted pricing models in commercial vehicle cabin procurement.
• What will be incremental spend in Tires?
  The procurement market will register an incremental spend of about $ 46 billion, during 2020-2024.
• What is the expected CAGR of Tires Market?
  The Tires market will grow at a CAGR of about 3.54% during 2020-2024.

SpendEdge suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. SpendEdge's in-depth research has direct and indirect COVID-19 impacted market research reports.

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To access the definite purchasing guide on the Tires that answers all your key questions on price trends and analysis:

• The market's top pricing models
• What are the factors driving the price changes?
• Changing price forecasts
• How is the price forecast expected to change? What is driving the current and future price changes?
• Key trends and drivers in this market

Table of Content

• Executive Summary
• Market Insights
• Category Pricing Insights
• Cost-saving Opportunities
• Best Practices
• Category Ecosystem
• Category Management Strategy
• Category Management Enablers
• Suppliers Selection
• Suppliers under Coverage
• US Market Insights
• Category scope
• Appendix

About SpendEdge:

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