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 Indian tyre market grows swiftly because vehicle preference increases and the automotive industry expands. The growing number of consumers who acquire personal vehicles due to better disposable income alongside urbanization patterns drives substantial increase in tyre sales across India. Radial and bias tyres represent the product variety within this market which serves all three vehicle categories: passenger cars, commercial vehicles, and two-wheelers. Key tyre manufacturers divert their efforts toward developing innovative technologies for creating products with improved performance while extending product lifespan and better fuel economy since these elements form fundamental elements during tyre purchasing decisions.

Customer preferences now prioritize safety alongside performance because more consumers choose premium and high-performance tyres as their new buying choice. The expanding e-commerce platforms present modern customers with greater access to more available products and lower pricing options in the tyre market. Despite this advancement manufacturers still face two major hurdles including changing raw material cost trends alongside environmental issues about tyre waste disposal. Manufacturers face the present problems by using sustainable measures which lead to renewable materials in the creation of environmentally friendly tyres. The India tyre market will experience substantial growth in the future because technological innovations and shifting consumer needs will fuel this expansion.

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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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