sakshi2025
New member
According to IMARC Group's report titled "India Tire Market Size, Share, Trends and Forecast by Vehicle Type, OEM and Replacement Segment, Domestic Production and Imports, Radial and Bias Tires, Tube and Tubeless Tires, Tire Size, Price Segment, and Region, 2025-2033", the report presents a thorough review featuring the India tire market share, growth, outlook, trends, and research of the industry.
How Big is the India Tire Industry?
The India tire 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).
Note: “We are currently updating our reports to the 2026–2034 period. If you need the latest data, information, and industry insights, please click on “Request Free Sample Report”
Request Free Sample Report: https://www.imarcgroup.com/india-tyre-market/requestsample
India Tyre Market Trends:
The India Tire Market is currently undergoing a sophisticated technological evolution, primarily characterized by a decisive shift towards premiumization and application-specific designs. As Indian consumers increasingly gravitate towards Sports Utility Vehicles (SUVs) and Crossovers over entry-level hatchbacks, there is a surging demand for larger, high-performance tires (16-inch rims and above) that offer superior grip and stability. Additionally, the rapid electrification of the automotive sector is forcing a fundamental redesign of traditional tire architecture; manufacturers are launching specialized EV tires engineered to handle the instant torque and heavier battery weight of electric vehicles while minimizing rolling resistance to maximize range.
Moreover, the industry is witnessing the emergence of "Smart Tires" integrated with RFID tags and sensors that monitor pressure and temperature in real-time, a trend that is gaining rapid traction among commercial fleet operators seeking to optimize fuel efficiency and reduce downtime. This focus on technology is further complemented by a move towards sustainability, with major players experimenting with "green tires" made from silica and bio-sourced materials to align with global environmental standards.
India Tire Market Growth Drivers:
The robust expansion of the India Tire Market is fundamentally anchored by the government's aggressive thrust on infrastructure development, specifically the construction of new expressways and economic corridors. This improved road connectivity has directly stimulated the logistics and transportation sectors, leading to higher vehicle utilization rates and, consequently, a faster replacement cycle for commercial vehicle tires. In addition, the sheer volume of the domestic vehicle parc serves as a massive recurring revenue engine; the replacement market continues to outpace OEM demand, driven by the unique Indian driving conditions that necessitate frequent maintenance.
Furthermore, the government's protective trade policies, such as the imposition of anti-dumping duties on cheap Chinese imports and the restriction on importing tires for certain vehicle categories, have significantly strengthened domestic manufacturing. This regulatory support, coupled with the Production Linked Incentive (PLI) scheme for the auto component sector, is encouraging local manufacturers to scale up capacity and target global export markets, thereby ensuring a diversified and resilient growth trajectory for the industry.
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:
Analysis by Vehicle Type:
Analysis by OEM and Replacement:
Analysis by Domestic Production and Imports:
Analysis by Radial and Bias Tires:
Analysis by Tube and Tubeless Tires:
Analysis by Tire Size:
Analysis by Price Segment:
Other key areas covered in the report:
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
How Big is the India Tire Industry?
The India tire 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).
Note: “We are currently updating our reports to the 2026–2034 period. If you need the latest data, information, and industry insights, please click on “Request Free Sample Report”
Request Free Sample Report: https://www.imarcgroup.com/india-tyre-market/requestsample
India Tyre Market Trends:
The India Tire Market is currently undergoing a sophisticated technological evolution, primarily characterized by a decisive shift towards premiumization and application-specific designs. As Indian consumers increasingly gravitate towards Sports Utility Vehicles (SUVs) and Crossovers over entry-level hatchbacks, there is a surging demand for larger, high-performance tires (16-inch rims and above) that offer superior grip and stability. Additionally, the rapid electrification of the automotive sector is forcing a fundamental redesign of traditional tire architecture; manufacturers are launching specialized EV tires engineered to handle the instant torque and heavier battery weight of electric vehicles while minimizing rolling resistance to maximize range.
Moreover, the industry is witnessing the emergence of "Smart Tires" integrated with RFID tags and sensors that monitor pressure and temperature in real-time, a trend that is gaining rapid traction among commercial fleet operators seeking to optimize fuel efficiency and reduce downtime. This focus on technology is further complemented by a move towards sustainability, with major players experimenting with "green tires" made from silica and bio-sourced materials to align with global environmental standards.
India Tire Market Growth Drivers:
The robust expansion of the India Tire Market is fundamentally anchored by the government's aggressive thrust on infrastructure development, specifically the construction of new expressways and economic corridors. This improved road connectivity has directly stimulated the logistics and transportation sectors, leading to higher vehicle utilization rates and, consequently, a faster replacement cycle for commercial vehicle tires. In addition, the sheer volume of the domestic vehicle parc serves as a massive recurring revenue engine; the replacement market continues to outpace OEM demand, driven by the unique Indian driving conditions that necessitate frequent maintenance.
Furthermore, the government's protective trade policies, such as the imposition of anti-dumping duties on cheap Chinese imports and the restriction on importing tires for certain vehicle categories, have significantly strengthened domestic manufacturing. This regulatory support, coupled with the Production Linked Incentive (PLI) scheme for the auto component sector, is encouraging local manufacturers to scale up capacity and target global export markets, thereby ensuring a diversified and resilient growth trajectory for the industry.
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:
- Apollo Tyres Ltd
- Bridgestone India Private Limited
- CEAT Ltd
- Continental Tires
- JK Tyre & Industries Ltd.
- MRF Tires
- The Goodyear Tire & Rubber Company
- Yokohama India Pvt Ltd
Analysis by Vehicle Type:
- Two Wheelers
- Three Wheelers
- Passenger Cars
- Light Commercial Vehicles
- Medium and Heavy Commercial Vehicles
- Off the Road
Analysis by OEM and Replacement:
- OEM Tires
- Replacement Tires
Analysis by Domestic Production and Imports:
- Domestic Production
- Imports
Analysis by Radial and Bias Tires:
- Bias Tires
- Radial Tires
Analysis by Tube and Tubeless Tires:
- Tube Tires
- Tubeless Tires
Analysis by Tire Size:
- Small
- Medium
- Large
Analysis by Price Segment:
- Low
- Medium
- High
- North India
- East India
- West and Central India
- South India
Other key areas covered in the report:
- COVID-19 Impact on the Market
- Porter's Five Forces Analysis
- Strategic Recommendations
- Market Dynamics
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
- Top Winning Strategies
- Recent Industry News
- Key Technological Trends & Development
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