According to Cognitive Market Research, The Global Snow Chains market size is USD 251 Million in 2023 and will grow at a compound annual growth rate (CAGR) of 4.80% from 2023 to 2030.
The demand for snow chains market is rising due to the continuous development of snow chain technology and the significant emphasis placed on road safety.
Demand for passenger cars remains higher in the snow chains market.
The nonmetal snow chain category held the highest snow chains market revenue share in 2023.
North America will continue to lead, whereas the Asia Pacific snow chains market will experience the strongest growth until 2030.
