As of 2023, the import of retreaded or used pneumatic tyres of rubber to Canada stood at approximately $93.2 million. From 2024 to 2028, the forecast indicates a gradual increase in import value, starting from $93.561 million in 2024 to $94.77 million in 2028, with a consistent year-on-year growth of approximately 0.3%. Over the five-year period, the compound annual growth rate (CAGR) is expected to hover around 0.33%.

Key future trends to watch for include:

Potential shifts in demand for sustainable and eco-friendly retreading technologies.
Fluctuations in global rubber prices impacting import costs.
Regulatory changes affecting the import and use of retreaded tyres.
Technological advancements influencing tyre durability and performance.