The forecast for the import of inner tubes of rubber for motor vehicles to India shows a consistent decrease from 2024 to 2028. In 2024, imports are forecasted at 84.57k units, declining sharply by 19.27% to 68.27k in 2025, and further by 23.4% to 52.29k in 2026. Another drop by 29.9% is expected in 2027 to 36.62k, reaching a low of 21.28k by 2028, illustrating an overall five-year CAGR of about -27.7%.
Future trends to watch for include:
- The potential impact of advancements in tire technology, possibly reducing the demand for separate inner tubes.
- Changes in automotive policies or tariffs affecting imports.
- Growth in domestic production or alternative solutions might further dampen the need for imports.