The German market for rubber transmission belts of trapezoidal and striped configuration, measured in volume, is projected to decline steadily from 2024 to 2028. Starting at 2.7223 million kilograms in 2024, the volume drops to 1.6561 million kilograms by 2028. This indicates a clear downward trajectory with significant year-on-year decreases in production.
The year-on-year percentage decline averages at around 9-14%, with a compounded average growth rate (CAGR) estimated at -11.2% over the five-year period.
Future trends to watch for include advancements in belt technology, increased competition from alternative materials, and shifts in manufacturing processes that could impact demand and production efficiency in this sector.
