In 2023, the production of retreaded rubber tyres used on buses and lorries in Germany was observed at 463.7 thousand units. The forecast from 2024 to 2028 indicates a consistent decline in production, starting at 441.58 thousand units in 2024 and decreasing annually to 354.5 thousand units by 2028, representing a compound annual growth rate (CAGR) of approximately -5.1%. Year-on-year percentage changes show a consistent negative trend, highlighting a weakening market.
Future trends to watch for:
- Increasing emphasis on sustainability may impact consumer preferences and regulatory pressures.
- Technological advancements in tyre longevity and efficiency could reduce demand for retreaded options.
- Fluctuations in raw material costs and economic conditions impacting logistics and transportation industries.