The sold production of retreaded rubber tyres in France has experienced significant fluctuations over the past decade, with values ranging from 47.26 thousand items in 2020 to a projected 102.68 thousand items by 2028. In 2023, the volume stood at 87.69 thousand items. The annual variations have shown some steep declines, particularly in 2016 and 2020, followed by notable recoveries such as in 2022 and 2023.
Year-on-year variation for the last two years shows:
- 2022: 32.69%
- 2023: 12.78%
The CAGR analysis over the last five years highlights an average annual growth rate of -0.66%, reflecting overall volatility. However, looking forward, the forecasted CAGR for the next five years is 2.5%, suggesting a more stable growth trajectory.
Future trends to watch for include:
- Technological advancements in tyre retreading methods
- Government regulations promoting sustainable and eco-friendly practices
- Market demand shifts towards cost-effective and durable tyre solutions
