Forecast: Turnover in Rubber Tyres and Tubes, Retreading and Rebuilding of Rubber Tyres Manufacturing Sector in France

In 2023, the turnover in the rubber tyres and tubes, retreading and rebuilding of rubber tyres manufacturing sector in France was recorded at €12.15 billion. The forecast from 2024 to 2028 indicates a steady growth in this sector, with turnovers projected to increase from €12.52 billion in 2024 to €13.97 billion by 2028. This reflects a stable year-on-year growth, with an average annual compound growth rate, or CAGR, of approximately 2.7% over the forecasted period.

Future trends to watch for:

  • Sustainable manufacturing practices to reduce carbon footprint in tyre production.
  • Integration of advanced technologies like AI and IoT for production efficiency.
  • Emergence of new materials enhancing tyre durability and recyclability.
  • Potential impact of regulatory changes within the EU driving innovation and compliance.

Top Countries about Tire