Israel Tire Market Industry Trends & Forecast Report, 2029
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated Israel tire market size at USD 612.16 million in 2022. During the forecast period between 2023 and 2029, BlueWeave expects the Israel tire market size to grow at a CAGR of 3.24% reaching a value of USD 765.25 million by 2029 . Israel tire market has seen several notable patterns. The need for environmentally friendly and fuel-efficient tires has increased as the importance of sustainable mobility has increased. Also, as a result of technology improvements, more smart tires with embedded sensors are being used for improved performance and safety monitoring. Due to consumer demand for better driving experiences, the Israel market has seen a trend toward premium and specialized tires. Online retail channels have become more popular, making it easier to buy tires. However, shifting raw material prices and legislative changes provide significant difficultie...