Forecast: Import of Retreaded Tyres to India

The import of retreaded tyres to India is projected to experience consistent growth from 2024 to 2028, starting at 21.35 thousand units in 2024 and rising to 22.17 thousand units by 2028. Assuming this followed a slightly upward trend from 2023 levels, a steady year-on-year growth rate of approximately 0.93% is observed from 2024. The compound annual growth rate (CAGR) expected over this five-year forecast period is approximately 0.93% per year, demonstrating a moderate increase in demand.

Future trends to watch for include:

  • Increasing demand for cost-efficient tyre solutions and their impact on retreaded tyre import volumes.
  • Environmental regulations and shifts towards sustainable practices in the automotive industry.
  • Technological advancements in tyre retreading and their adoption in India.

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