India Tyre Market Share, Demand, Industry Outlook and Analysis Report 2025-2033

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 market share, growth, 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 experiencing significant changes in the past couple of years due to changes in consumer preferences and the impact of technology. Currently, one of the most prominent trends in the tyre market is the increase in the usage of radial tyres, especially in the commercial vehicle segment, due to their durability and efficiency of fuel. As electric vehicles (EVs) gain traction, some tyre manufacturers have created models to meet the higher load requirements and lower rolling resistance of such vehicles. There also has been a stronger emphasis on sustainability, where more and more manufacturers are offering greener options in a materials context to align with international expectations on environment policy.

Another trend in this space has been the increase in online tyre sales, as customers can digitally shop for the best prices or features. There are also further networks of retail shops and tyre servicing centre’s opening up in the Tier II and III cities. Innovations in the tyre space, such as airless tyres and smart tyres, which have sensors that monitor performance in real-time, are already available for customers who want the latest gadgets. Additionally, different governmental initiatives, including the Automotive Mission Plan (AMP) and strict safety standards, give manufacturers motivation to enhance quality, as well as the performance of their products. The India tyre market is definitely in a time of significant evolution with respect to innovation, sustainability and digitalization.

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India Tyre Market Scope and Growth Analysis:

The Indian tyre industry has immense growth potential and is benefiting from a strong automotive industry and increasing vehicle ownership. The replacement tyre demands are the largest in the industry as the existing stock of vehicles continues to grow and the average age of the vehicle fleet is also growing. The growth of infrastructure projects and the increasing logistics network is pushing commercial vehicle tyre sales forward, which is also driving tyre demand. Also, the two-wheeler segment is witnessing rapid growth, particularly in urban and semi-urban areas, continued to help with market growth.

Also, the government's "Make in India" initiative is catalyzing manufacturers to produce tyres domestically, ultimately helping to reduce import reliance and foster self-reliance. The aftermarket industry has seen rapid growth, with organized players offering quality tyres at affordable prices. The industry will continue to improve with technology, as automation and AI-enabled quality checks refine production processes and product quality reliability. Finally, the ever-growing emphasis towards exports is helped India's name within these markets is getting improved. As more players enter the tyre industry and responsible disposal channels are implemented, the India tyre market will expand steadily, and present a plethora of opportunities for its stakeholders, such as manufacturers and investors, as long as disposable incomes,
urbanization, and government encourage demand.

An In-Depth Analysis of Prominent Companies in the Industry by IMARC Group:

  • MRF Limited
  • CEAT Limited
  • JK Tyre & Industries Ltd.
  • Apollo Tyres Ltd

Comprehensive Market Report Highlights & Segmentation Analysis:

The market report offers a comprehensive analysis of the segments, highlighting those with the largest India Tyre industry share. It includes forecasts for the period 2025-2033 and historical data from 2019-2024 for the following segments.

 

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.

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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.

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