The European rubber tyres and tubes industry has shown varied trends across countries. In 2023, there was a notable decline in enterprise numbers in the Czech Republic, Germany, Italy, Spain, Romania, and the United Kingdom, with reductions ranging from about 1% to nearly 13%. Conversely, Slovakia experienced significant growth, along with smaller increases in Estonia and Latvia. Bosnia and Herzegovina and Slovenia maintained relative stability. Over the last five years, the sector experienced an annual decline reflecting ongoing consolidation and economic challenges.
Future trends to watch include potential recovery driven by increased demand for sustainable and innovative tyre solutions, technological advancements, and regulatory changes aimed at reducing emissions, offering growth opportunities for those adapting to evolving market dynamics.
Top countries in Rubber Tyres and Tubes Number of Enterprises by Country
| # | 10 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Czech Republic | 267 | 2023 | -5.65% | -6.94% | View data |
| 2 | 2 Germany | 224 | 2023 | -0.44% | -1.29% | View data |
| 3 | 3 Poland | 202 | 2023 | +3.06% | +0.3% | View data |
| 4 | 4 Slovakia | 136 | 2023 | 0% | +9.1% | View data |
| 5 | 5 Italy | 98 | 2023 | -2.97% | -3.65% | View data |
| 6 | 6 Spain | 91 | 2023 | -5.21% | -4.74% | View data |
| 7 | 7 Romania | 43 | 2023 | -2.27% | -5.15% | View data |
| 8 | 8 Hungary | 33 | 2023 | +3.13% | -1.17% | View data |
| 9 | 9 Ireland | 31 | 2023 | 0% | -1.54% | View data |
| 10 | 10 United Kingdom | 28 | 2023 | -6.67% | -7.34% | View data |