In 2023, the production of new pneumatic tyres of rubber used on motorcycles or bicycles in Germany was valued at 227.11 million Euros. From 2024 onwards, the forecasted data shows a steady year-on-year increase, with values rising to 263.99 million Euros by 2028. This reflects the following year-on-year variations: 3.20% in 2024, 3.20% in 2025, 3.07% in 2026, 2.95% in 2027, and 2.84% in 2028. Over this five-year period from 2023 to 2028, the compound annual growth rate (CAGR) is approximately 3.05%.
Future trends to watch for include:
- Increasing demand for eco-friendly and more durable tyres as environmental regulations become stricter in Germany.
- Advancements in tyre technology and materials that could drive down production costs or increase performance.
- Potential impacts of electric bicycles and motorcycles on tyre requirements and production volumes.
- Emerging market opportunities, particularly in urban areas with growing populations of bicycle users.
