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| Title | India Tyre Market Research, Outlook, Industry Share, Size and Report 2025-2033 |
|---|---|
| Category | Business --> Business and Society |
| Meta Keywords | India Tyre Market |
| Owner | Rohan Sanger |
| Description | |
| India Tyre Market 2025-2033 According to IMARC Group's report titled "India Tyre Market Size, Share, Trends and Forecast by Vehicle Type, OEM and Replacement Segment, Domestic Production and Imports, Radial and Bias Tyres, Tube and Tubeless Tyres, Tyre Size, Price Segment, and Region, 2025-2033", the report presents a thorough review featuring the India tyre market research, share, share, trends, and research of the industry. How Big is the India Tyre Industry? The India tyre market size was valued USD 13.4 billion in 2024. By 2033, this figure is projected to reach around USD 27.6 billion, with a compound annual growth rate (CAGR) of 7.6% over the forecast period (2025-2033). India Tyre Market Trends: The India tyre market is witnessing significant transformations driven by evolving consumer preferences and technological advancements. A key trend is the rising demand for radial tyres, especially in the commercial vehicle segment, due to their durability and fuel efficiency. Additionally, the growing popularity of electric vehicles (EVs) has spurred the development of specialized tyres designed to handle higher loads and reduce rolling resistance. Moreover, sustainability is becoming a major focus, with manufacturers increasingly adopting eco-friendly materials and processes to align with global environmental standards. Another notable trend is the surge in online tyre sales, as consumers appreciate the convenience of comparing prices and features digitally. In addition, the expansion of retail networks and tyre servicing centers across Tier II and III cities is enhancing accessibility for a broader customer base. The market is also seeing innovations like airless tyres and smart tyres equipped with sensors for real-time monitoring, catering to the tech-savvy consumer. Furthermore, government initiatives such as the Automotive Mission Plan and stricter safety norms are pushing tyre manufacturers to enhance product quality and performance. These trends collectively indicate a dynamic shift towards innovation, sustainability, and digitalization in the India tyre market. Request Free Sample Report: https://www.imarcgroup.com/india-tyre-market/requestsample India Tyre Market Scope and Growth Analysis: The India tyre market holds immense growth potential, supported by a robust automotive industry and increasing vehicle ownership. The replacement tyre segment dominates demand, driven by the country’s vast existing vehicle fleet and rising average vehicle age. Additionally, the expansion of infrastructure projects and logistics networks is boosting commercial vehicle sales, further propelling tyre demand. Moreover, the two-wheeler segment is experiencing rapid growth, particularly in urban and semi-urban areas, contributing significantly to market expansion. In addition, the government’s push for "Make in India" has encouraged domestic tyre production, reducing reliance on imports and fostering self-reliance. The aftermarket sector is also thriving, with a growing number of organized players offering high-quality, affordable tyres. Furthermore, advancements in tyre manufacturing technologies, such as automation and AI-driven quality control, are enhancing production efficiency and product reliability. The increasing focus on export opportunities is another growth driver, with Indian tyre brands gaining recognition in global markets. With rising disposable incomes, urbanization, and supportive policies, the India tyre market is poised for steady expansion, offering lucrative opportunities for manufacturers and investors alike. Explore the Full Report with Charts, Table of Contents, and List of Figures: https://www.imarcgroup.com/india-tyre-market An In-Depth Analysis of Prominent Companies in the Industry by IMARC Group:
Comprehensive Market Report Highlights & Segmentation Analysis: Analysis by Vehicle Type:
The two-wheeler tyre segment holds the largest share in the India tyre market, driven by high demand, widespread usage, and a rapidly growing two-wheeler population. Analysis by OEM and Replacement:
The replacement tyre segment dominates the India tyre market, accounting for the largest share due to increasing vehicle ownership, wear and tear, and growing consumer demand. Analysis by Domestic Production and Imports:
Domestic tyre manufacturing holds a dominant position in the Indian tyre market, accounting for the majority share and driving growth across various vehicle segments nationwide. Analysis by Radial and Bias Tyres:
Radial tyres hold a dominant position in the India tyre market, driven by their superior performance, durability, fuel efficiency, and increasing adoption across vehicle segments. Analysis by Tube and Tubeless Tyres:
The tubeless tyre segment holds the largest market share in the India tyre industry, driven by growing consumer preference for enhanced safety, durability, and fuel efficiency. Analysis by Tyre Size:
The small tyre segment accounts for the largest market share in India, mainly due to strong demand for two-wheelers, entry-level cars, and compact commercial vehicles. Analysis by Price Segment:
Regional Analysis:
West and Central India dominate the Indian tyre market, driven by robust automotive manufacturing hubs, advanced infrastructure, high vehicle ownership, and strong regional demand for replacement tyres. Ask Analyst For Customization: https://www.imarcgroup.com/request?type=report&id=1261&flag=C Other key areas covered in the report:
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization. About Us: IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research. Contact Us: IMARC Group 134 N 4th St. Brooklyn, NY 11249, USA Email: sales@imarcgroup.com Tel No:(D) +91 120 433 0800 United States: +1-201971-6302 | |