India Tyre Market Size, Share and Trends Forecast 2025-2033

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 showing steady growth driven by rising vehicle ownership, infrastructure development, and demand for durable tyres. 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.

India Tyre Industry Trends and Drivers:

The India tire market shows active development patterns because of its rising vehicle manufacturing industry and expanding customer need for private and commercial vehicles. The growth in the India tyre market stems from dual factors that include rising automotive industry growth along with substantial rises in passenger and commercial vehicle sales. Infrastructure development projects supported by the government along with rural road building keep fueling increased tyre demand. Manufacturers now direct their efforts towards innovation because they produce tyres that bring enhanced performance along with improved efficiency and safer driving features. Smart tyres with sensor capabilities are starting to appear in the market to give drivers real-time data while advancing vehicle performance.

Market trends heavily depend on environmental matters that influence industries today. The rising public concern about sustainability leads tire manufacturers to implement sustainable materials together with eco-friendly production methods. The growing demand for electric vehicles (EVs) represents a key market driver since EV-compatible tire designs require low rolling resistance and durability advancement. Distribution strategies transform because of growing popularity in online sales channels which provides consumers with convenient tyre purchasing options. Several factors including innovation combined with sustainability initiatives and evolving consumer preferences will lead to significant growth within the Indian tyre market.

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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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