The production value of rubber tyres and tubes in Denmark has seen a continuous decline from 2013 to 2023. In 2023, the production value stood at 6.4 million Euros. Between 2022 and 2023, the year-on-year variation was -11.11%, continuing the downward trajectory noted in previous years. Over the last two years, the average annual decline was approximately 11.11%. The 5-year Compound Annual Growth Rate (CAGR) from 2023 to 2028 is forecasted to be -16.74%, indicating a significant downward trend with an overall reduction of 60% over the period.

Future trends to watch for include:

Adoption of sustainable and eco-friendly materials in manufacturing.
Technological advancements in tyre production increasing efficiency and reducing costs.
The impact of shifts in transportation systems, such as the rise of electric vehicles, on tyre demands.