The turnover for rubber tyres and tubes in Norway stood at 18.8 million Euros in 2023. The forecasted values show a consistent year-on-year decrease: from 18.1 million Euros in 2024 to 15.4 million Euros by 2028. This represents an approximate yearly decline of 3.31% from 2024 to 2027, with a compound annual growth rate (CAGR) of -3.97% over the five-year forecast period.

Trends to watch for in the future include:

Increased adoption of electric vehicles, which may alter demand for specific tyre types.
Technological advancements in tyre materials and manufacturing processes.
Evolving environmental regulations that could impact production and sales.