Agricultural tires market to witness robust expansion by 2029 – The new trend in agriculture

With the high demand for agricultural tires, the agricultural tires sector is set to see an expansion by 2029. The market research suggests that the market will be worth USD 8,821.12 million by 2027. In 2021, the value of the market was USD 6,248.46 million, and the increasing interest in agricultural tires will make sure that the demand is robust for companies such as GRI Tires.

During the pandemic, the agriculture industry came to a standstill, and many farmers experienced a loss of livelihood. However, the farmers are now keen more than ever to make the best of their farms. As a result, the demand for off-road tires has gone high. The industry will have to meet this demand, although research and manufacturing costs are quite high for the market players.