In 2023, Spain led the European production of retreaded rubber tyres for buses and lorries, showing a remarkable growth of 13.84% year-on-year. The United Kingdom and Germany experienced slight declines. France saw a significant decrease of 11.35%, while Poland maintained stability with a slight increase. Romania and Denmark showed strong double-digit growth. Conversely, Hungary, Greece, and Italy faced notable declines. This varied performance highlights diverse market dynamics across Europe, with an average annual growth rate (CAGR) over the past five years indicating fluctuating production levels.
Future trends to watch for include:
- Technological advancements in retreading processes enhancing tire durability and environmental benefits.
- The impact of stringent European regulations on new tire production, potentially increasing demand for retreaded options.
- Economic conditions affecting fleet operators and their tire replacement strategies, influencing overall production levels.
- Increased focus on sustainability and circular economies, driving growth in the retreaded tire market.
Top countries in Sold Production of Retreaded Rubber Tyres of a Kind Used on Buses and Lorries by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 904,380 | 2023 | +2.11% | +13.84% | View data |
| 2 | 2 United Kingdom | 639,670 | 2023 | -0.82% | -1.38% | View data |
| 3 | 3 Germany | 463,900 | 2023 | -4.63% | -0.89% | View data |
| 4 | 4 France | 246,160 | 2023 | -18.8% | -11.35% | View data |
| 5 | 5 Poland | 175,600 | 2023 | +1.46% | +0.57% | View data |
| 6 | 6 Italy | 163,630 | 2023 | -15.26% | -10.45% | View data |
| 7 | 7 Portugal | 74,610 | 2023 | -6.67% | -4.6% | View data |
| 8 | 8 Finland | 72,820 | 2023 | +1.32% | -0.35% | View data |
| 9 | 9 Norway | 66,300 | 2023 | +3.83% | +2.3% | View data |
| 10 | 10 Czechia | 57,640 | 2023 |
