India Tyre Market Size, Share and Growth Forecast 2025-2033
India Tyre Market Overview
Base Year: 2024
Historical Years: 2019–2024
Forecast Years: 2025–2033
Market Growth Rate: 2.85% (2025–2033)
The India tyre market is driven by increasing vehicle sales, infrastructure development, and rising demand for replacement tyres across commercial and passenger vehicle segments. According to the latest report by IMARC Group, The India tyre market size reached 202.2 Million Units in 2024. Looking forward, IMARC Group expects the market to reach 263.8 Million Units by 2033, exhibiting a growth rate (CAGR) of 2.85% during 2025-2033.
India Tyre Industry Trends and Drivers:
Emerging trends in India tyre market reflect a shift towards digitalization and enhanced consumer engagement. With the rise of e-commerce, consumers are increasingly opting to purchase tyres online, leading to the emergence of various online platforms dedicated to tyre sales. This shift has prompted traditional retailers to adopt digital strategies, offering online booking and delivery services to meet changing consumer behaviors. Enhanced transparency in pricing and product information has empowered consumers to make informed decisions, driving competition among tyre manufacturers and retailers.
Additionally, advancements in technology are revolutionizing tyre manufacturing processes and product offerings. Companies are investing in research and development to make smarter tyres. These tyres come with sensors that give real-time data on performance, pressure, and wear. Such innovations boost safety and improve fuel efficiency while extending tyre life. Also, integrating artificial intelligence and machine learning in manufacturing helps optimize production and cut costs. As the Indian tyre market evolves, stakeholders must keep up with these trends. They need to adapt to meet consumer needs and navigate the competitive landscape. effectively.
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India Tyre Industry Segmentation:
The report has segmented the market into the following categories:
Vehicle Type Insights:
- Two Wheelers
- Three Wheelers
- Passenger Cars
- Light Commercial Vehicles
- Medium and Heavy Commercial Vehicles
- Off the Road
OEM and Replacement Segment Insights:
- OEM Tyres
- Replacement Tyres
Domestic Production and Imports Insights:
- Domestic Production
- Imports
Radial and Bias Tyres Insights:
- Bias Tyres
- Radial Tyres
Tube and Tubeless Tyres Insights:
- Tube Tyres
- Tubeless Tyres
Tyre Size Insights:
- Small
- Medium
- Large
Price Segment Insights:
- Low
- Medium
- High
Regional Insights:
- North India
- East India
- West and Central India
- South India
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
- MRF Limited
- CEAT Limited
- JK Tyre & Industries Ltd.
- Apollo Tyres Ltd
Key highlights of the Report:
- Market Performance (2019-2024)
- Market Outlook (2025-2033)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Strategic Recommendations
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
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.
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