India Tyre Market Report 2025 Edition: Industry Market Size, Share, Growth and Competitor Analysis

India Tyre Market Overview

Base Year: 2024

Historical Years: 2019-2024

Forecast Years: 2025-2033

Market Growth Rate: 7.6% (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. The India tyre market size was valued at USD 13.4 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 27.6 Billion by 2033, exhibiting a CAGR of 7.6% from 2025-2033.

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India Tyre Industry Trends and Drivers:

The Indian tyre market shows substantial growth because vehicle acquisition rates continue to rise and India's automotive production increases. Consumer spending increases have increased the acquisitions of private vehicles alongside commercial vehicles as a result of which tyre manufacturers have experienced rising sales. The increasing urbanization and infrastructure development activities create elevated transportation needs that stimulate tyre manufacturing rates. Indian tire producers dedicate their efforts toward innovation and sustainable development for creating tires which provide enhanced fuel efficiency and increased service time. This transformation fulfills buyer requirements and manages environmental waste problems that arise during tyre creation and waste management.

Several international as well as domestic companies compete vigorously against each other to gain market share in this sector. Major manufacturers dedicate large amounts of their budgets to advance their research operations for creating innovative products that fulfill consumer need changes. E-commerce platforms modified how tyres are purchased by letting customers access product information through simple and convenient platforms. The market evolution has driven traditional retailers to improve their support activities by adding installation services and providing maintenance programs to customers. Organizations need to understand evolving consumer behaviors and technological developments to keep and build their competitive market position.

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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

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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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This release was published on openPR.