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India Tyre Market Growth Analysis, Demand Drivers and Research Report by 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 growth, share, outlook, 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).

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 Tyre 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 tyres (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 tyre architecture; manufacturers are launching specialized EV tyres 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 Tyres" 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 tyres" made from silica and bio-sourced materials to align with global environmental standards.

India Tyre Market Growth Drivers:

The robust expansion of the India Tyre 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 tyres. 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 tyres 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 incentivizing 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 Tyres
  • JK Tyre & Industries Ltd.
  • MRF Tyres
  • The Goodyear Tire & Rubber Company
  • Yokohama India Pvt Ltd

Comprehensive Market Report Highlights & Segmentation Analysis:

Analysis by Vehicle Type:

  • Two Wheelers
  • Three Wheelers
  • Passenger Cars
  • Light Commercial Vehicles
  • Medium and Heavy Commercial Vehicles
  • Off the Road

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:

  • OEM Tyres
  • Replacement Tyres

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 Production
  • 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:

  • Bias Tyres
  • Radial 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:

  • Tube Tyres
  • 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:

  • Small
  • Medium
  • Large

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:

  • Low
  • Medium
  • High

Regional Analysis:

  • North India
  • East India
  • West and Central India
  • South India

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=E

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

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: This email address is being protected from spambots. You need JavaScript enabled to view it. 

Tel No:(D) +91 120 433 0800 

United States: +1-201971-6302

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