Industry Statistics and Rankings
How does this industry perform in Belgium compared to Europe?
Country Benchmarking
Industry Data Belgium
Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.
Revenue
#18 In EuropeBusiness
#21 In EuropeEmployees
#20 In EuropeWages
#21 In EuropeThe Rubber Product Manufacturing in Belgium ranks 18 in Europe with regards to its 2024 revenue (€929.5m). Revenue received by operators in Belgium has been low in volatility over the past five-year period, with the average annual change in revenue (0.9 %) most comparable to...
Enterprises
Number of businesses in 2024
Revenue per Enterprise
Value (€ Million) in 2024
Top Questions Answered in this Report
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What is the market size of the Rubber Product Manufacturing industry in Belgium in 2024?
The market size of the Rubber Product Manufacturing industry in Belgium is €929.5m in 2024.
How many businesses are there in the Rubber Product Manufacturing in Belgium industry in 2024?
There are 70 businesses in the Rubber Product Manufacturing industry in Belgium, which has grown at a CAGR of 1.8 % between 2019 and 2024.
Has the Rubber Product Manufacturing industry in Belgium grown or declined over the past 5 years?
The market size of the Rubber Product Manufacturing industry in Belgium has been growing at a CAGR of 0.9 % between 2019 and 2024.
What is the forecast growth of the Rubber Product Manufacturing industry in Belgium over the next 5 years?
Over the next five years, the Rubber Product Manufacturing industry in Belgium is expected to grow.
What are the biggest companies in the Rubber Product Manufacturing market in Belgium?
The biggest companies operating in the Rubber Product Manufacturing market in Belgium are Michelin Group and Arkema SA
What does the Rubber Product Manufacturing in Belgium include?
Tyre manufacturing and Other rubber product manufacturing are part of the Rubber Product Manufacturing industry.
Which companies have the highest market share in the Rubber Product Manufacturing in Belgium?
The company holding the most market share in Belgium is Michelin Group.
How competitive is the Rubber Product Manufacturing industry in Belgium?
The level of competition is moderate and steady in the Rubber Product Manufacturing industry in Belgium.
Related Industries
This industry is covered in 37 countries
Domestic industries
Competitors
- Plastic Product Manufacturing in Belgium
Complementors
- Motor Vehicle Manufacturing in Belgium
- Aircraft, Engine & Parts Manufacturing in Belgium
- Motorcycle Manufacturing in Belgium
Table of Contents
About this industry
Industry definition
Companies in this industry manufacture rubber tyres for vehicles, equipment, mobile machinery, aircraft, toys and furniture. They also manufacture pneumatic, solid and cushion tyres. Other rubber products manufactured by this industry include natural or synthetic rubber, like unvulcanised, vulcanised and hardened rubber products. Tube, pipe and hose production is also part of the industry.
What's included in this industry?
Tyre manufacturing Other rubber product manufacturingIndustry Code
221 - Manufacture of rubber products in Belgium
Performance
Revenue Highlights
Trends
- Revenue
- 2024 Revenue Growth
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Current Performance
Charts
- Revenue in the Rubber Product Manufacturing in Belgium
- Employees in the Rubber Product Manufacturing in Belgium
- Business in the Rubber Product Manufacturing in Belgium
- Profit in the Rubber Product Manufacturing in Belgium
Current Performance
Analysis
How does this country's performance compare to Europe?
Life Cycle
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
International Trade
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
ANALYSIS
What is the competitive landscape in Europe?
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
Manufacturers must comply with REACH Regulation (EC) 1907/2006. The REACH Regulation governs the EU's registration, evaluation, authorisation and restriction of chemicals. The REACH regulation mainly concerns the chemicals used in rubber goods manufacturing, including plasticisers, colourants and other additives.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Rubber Product Manufacturing in Belgium industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Rising purchase costs weigh on profit. Lingering supply chain disruption inflated rubber prices over 2023. The effects of the higher purchase costs on profit are compounded by economic uncertainty and rising inflation, weakening sales
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Rubber Product Manufacturing in Belgium industry?
Key Ratios
Data tables
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
- Revenue per Employee (2014-2029)
- Wages/Revenue (2014-2029)
- Employees per Establishment (2014-2029)
- Average Wage (2014-2029)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and boottom five countries listed for each:
- Revenue Growth (2024)
- Business Growth (2024)
- Job Growth (2024)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2024)
- Imports/Demand (2024)
- Exports/Revenue (2024)
- Revenue per Employee (2024)
- Wages/Revenue (2024)
- Employees per Establishment (2024)
- Average Wage (2024)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
Where does IBISWorld source its data?
IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.
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