Sri Lanka Tire Market 2030: EV Adoption Fuels Growth

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2025-06-19 07:04:29 -

The Sri Lanka tire market has been gaining strong momentum: Market Size & Forecast: Estimated at USD 689 million in 2024, projected to expand to USD 1,072.9 million by 2030 at a CAGR of 7.49%. Segmentation Dynamics: Spanning passenger cars, light to heavy commercial vehicles, two-wheelers, off‑road vehicles; tire types (radial, bias); demand sources (OEM vs. replacement); and geographic...

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