In 2023, Japan's import of used pneumatic tyres stood at 1.208 million US Dollars. The forecast data from 2024 to 2028 indicate a steady incremental growth, reaching 1.296 million US Dollars by 2028. Year-on-year, these imports are expected to grow at approximately 1.5% to 1.6%, reflecting a stable trend in the market. Over the five-year forecast period, the compound annual growth rate (CAGR) is anticipated to be modest, showcasing gradual expansion in this sector.
Future trends to watch include technological advancements in tyre recycling and potential regulatory changes that could affect import dynamics. Additionally, shifts in consumer behavior towards sustainability may further influence the used tyre market in Japan.
