Global Spare Wheel Cover Market Overview:
A spare wheel cover is also known as spare tire cover, is an accessory that covers the wheel mounted on the external part of a vehicle. The cover protects tires from the dirt and the sun's harmful UV rays. The covers can be hard shells or soft vinyl covers. Nowadays, the spare wheel cover is customized according to the client requirement. Growth in the automotive industry is and rise in need of tires is driving the spare wheel cover market.
- Growth in the Automotive Industry
- Rising in Demand for High Performance & Low Profile Tires
- Growing Preference for Customizations in Two Wheelers With Addition of Various Accessories
- Fluctuating Raw Material Prices
- Availability of Counterfeit Products
- Potential Growth in Spare Wheel Cover in Emerging Countries
- Increasing Use of Sports Two and Four Wheelers in Racing Games
Some of the key players profiled in the report are Good Year (United States), Covercraft Industries LLC (United States), Car Palour (India), ARMORO Products Pvt. Ltd. (India), Escape Gear (South Africa), Tire Cover Central Inc. (United States) and ADCO Products, LLC (United States). Analyst at AdvanceMarketAnalytics see United States Vendors to retain maximum share of Global Spare Wheel Cover market by 2025. Considering Market by Tire Size, the sub-segment i.e. 13-15 will boost the Spare Wheel Cover market. Considering Market by Tire By Width , the sub-segment i.e. 200 mm will boost the Spare Wheel Cover market. Considering Market by Distribution Channel, the sub-segment i.e. Online will boost the Spare Wheel Cover market. Considering Market by Cover Type, the sub-segment i.e. Hard will boost the Spare Wheel Cover market.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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The top-down and bottom-up approaches are used to estimate and validate the size of the Global Spare Wheel Cover market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Spare Wheel Cover market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturers of automotive tires Cover, Raw-material manufacturers, Traders, distributors, and suppliers, Regional manufacturer associations, Aftermarket and tire retreading associations, Automotive OEMs, Organized and unorganized aftermarket suppliers, Tire retreading companies and Governments national and regional environmental regulatory agencies or organizations.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.