In 2024, the forecasted sold production of new pneumatic tyres of rubber, used on motorcycles or bicycles in France, begins at 1.1662 million items, marking a steady growth anticipated through 2028. From 2024 to 2028, a consistent year-on-year increase is projected, with each year witnessing a growth just above 1% from the previous year's output.
Between 2023 and the 2024 forecast, there is a slight uptick, indicative of gradual recovery or continuous demand. The compound annual growth rate (CAGR) from 2024 to 2028 suggests a stable market expansion averaging around 1% annually.
Future trends worth watching:
- Technological advancements in tyre production that could affect efficiency and capacity.
- Legislative changes in environmental policies impacting tyre production processes.
- Shifts in consumer preferences towards sustainable and long-lasting tyres.
- Fluctuations in raw material costs influencing production prices.