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Tire Manufacturing in Newfoundland

Author.Name IBISWorld Canada Last Updated: August 2025 NAICS NL32621CA

Tire Manufacturing in Newfoundland industry analysis

Revenue for the Tire Manufacturing industry in Newfoundland And Labrador is expected to decline an annualized -x.x% to $x.x million over the five years to 2025, while revenue for the national industry will likely decline at -x.x% during the same period. The number of industry establishments has stagnated an annualized x% to x locations over the past five years. Industry employment has decreased an annualized -x.x% to xx workers during the period, while industry wages have decreased an annualized -x.x% to $x.x million.

Over the five years to 2030, provincial industry revenue is expected to decline an annualized -x.x% to $x.x million, while revenue for the national industry will likely grow x.x%. The number of industry establishments is forecast to stagnate x% to x locations over the next five years. Industry employment is expected to increase an annualized x.x% to xx workers during the outlook period, while industry wages likely increase x% to $x.x million.

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About the Tire Manufacturing in Newfoundland Market Research Report

What’s Included in the Tire Manufacturing in Newfoundland Market Research Report

Definition of the Tire Manufacturing in Newfoundland?

This industry is primarily engaged in manufacturing and retreading tires and inner tubes from natural and synthetic rubber. The finished products are then sold to motor vehicle manufacturers and tire wholesalers.

What’s included in the Tire Manufacturing in Newfoundland?

The Tire Manufacturing in Newfoundland includes manufacturing passenger tires, manufacturing light truck tires, manufacturing medium and heavy duty truck tires, manufacturing off the road tires and manufacturing agricultural tires. Related terms covered in the Tire Manufacturing in Newfoundland industry report includes a company that manufactures products or components that are purchased by a company and retailed under the purchasing company's brand name, a tire that differs from standard tires by speed rating, tread style and handling characteristics, which are all usually more advanced and tires that minimize energy wasted as a tire rolls. they generally last longer than high performance tires.

Industry Performance of the Tire Manufacturing industry in Newfoundland

Benchmark the Tire Manufacturing in Newfoundland industry performance with all NL Census Metropolitan Area and national performance.

Tire Manufacturing in Newfoundland

#9 in Highest Revenue 1.2% of province's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Tire Manufacturing in Canada


Revenue (2024)
Annual Growth (2019-24)
Annual Growth (2024-29)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Tire Manufacturing industry in Newfoundland

See how key industry drivers, such as median houshold income, private investment in non-residential construction, gross domestic product, total vehicle-kilometres, canadian effective exchange rate index and per capita disposable income are impacting Tire Manufacturing in Newfoundland

Newfoundland Economic Indicators

Median Houshold Income
Private Investment in Non-Residential Construction
Gross Domestic Product

View more economic information in NL State Economic profile

Canada Key External Drivers

Total vehicle-kilometres
Canadian effective exchange rate index
Per capita disposable income

For the full list of industry drivers, see report purchase options.

Census Metropolitan Area Data of the Tire Manufacturing industry in Newfoundland

Key Statistics of the Tire Manufacturing industry in Newfoundland

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Tire Manufacturing industry in Newfoundland in 2025?

The market size of the Tire Manufacturing industry in Newfoundland is $45.6m in 2025.

How many businesses are there in the Tire Manufacturing industry in Newfoundland in 2025?

There are 1 businesses in the Tire Manufacturing industry in Newfoundland, which has been declining at an average annual rate of 0.0% from 2020 to 2025.

Has the Tire Manufacturing industry in Newfoundland grown or declined over the past 5 years?

The market size of the Tire Manufacturing industry in Newfoundland has been declining at an average annual rate of -0.2% from 2020 to 2025.

How many employees in the Tire Manufacturing industry in Newfoundland in 2025?

There are 38 employees in the Tire Manufacturing industry in Newfoundland, which has been declining at an average annual rate of -4.2% from 2020 to 2025.