Russia Tyre Market Forecast and Opportunities, 2019
Summary
In addition the upcoming FIFA World Cup in 2018 and entrance of Russia in WTO, which would reduce the import duties on automobiles is further expected to provide the much awaited thrust to the industry.• To gain an in-depth understanding of tyre industry in Russia • To identify the on-going trends and anticipated growth in the coming years • To help industry consultants, tyre manufacturers and other stakeholders to align their market-centric strategies • To obtain research based business decision and add weight to presentations and marketing material • To gain competitive knowledge of leading players.As a result of this positive environment surrounding the country’s automobile industry, the tyre market in Russia is also witnessing continuous growth.Increasing urbanization, rising disposable income and low vehicle density continue to boost the country’s automotive market.In addition the upcoming FIFA World Cup in 2018 and entrance of Russia in WTO, which would reduce the import duties on automobiles is further expected to provide the much awaited thrust to the industry.