India Tire Market to Witness 2.98% CAGR Growth Between 2024 and 2030
A comprehensive analysis report on the India Tire Market has been recently released by MarkNtel Advisors, covering the forecast period from 2024 to 2030. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts. The research report on the India Tire Market presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage.
India Tire Market Overview:
Base Year: 2023
Forecast Years: 2024-2030
Historical Years: 2019-2022
Market Growth Rate: 2.98% (2024-2030)
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India Tire Market Segmentation Analysis:
According to MarkNtel study the market is segmented the into the following categories:
By Type of Vehicles
- Passenger Car
- Light Commercial Vehicle
- Medium and Heavy Commercial Vehicles
- Off the Road (OTR) Vehicles
- Two Wheelers
- Three Wheeler
Amongst all, two-wheelers are anticipated to dominate the India Tire Market with the largest market share during 2024-30. Improving road infrastructure & increasing traffic across the country are the prime factors driving the sales of two-wheelers for hassle-free commutes.
By Demand Category
- OEM
- Aftermarket
By Type of Tire
- Radial
- Bias
By Sales Channel
- Dealer/Distributor
- Online
- Others
By Season
- All season
- Summer
- Winter
By Price Category
- Budget
- Economy
- Premium
By Rim Diameter
- Upto 12”
- 1” to 15”
- 1.” to 18”
- 1” to 20”
- 1” to 22.5”
- 6” to 26”
- 1” to 35”
- 1” to 47”
- Above 47”
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By Region
East
- Bihar
- Orissa
- Jharkhand
- West Bengal
- Chhattisgarh
- North-Eastern States
West
- Rajasthan
- Gujarat
- Goa
- Maharastra
- Madhya Pradesh
North
- Jammu & Kashmir
- Punjab
- Uttar Pradesh
- Uttarakhand
- Haryana
- Himachal Pradesh
South
- Andhra Pradesh
- Karnataka
- Kerala
- Tamil Nadu
- Telangana
India Tire Market Competitive Landscape:
This section competitive landscape covers the top companies’ participants in the India Tire industry, and their business description, product portfolio, strategic alliances or partnerships, recent developments, financial details analysis from 2024-2030.
Leading Market Player Are:
- MRF
- Apollo
- CEAT
- JK Tyres
- Birla Tyres
- Balakrishna Tires
- Bridgestone
- TVS
- Continental
- Goodyear
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
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Key Report Highlights
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
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