India tyre market exhibited moderate growth during 2015-2020. India represents the fourth largest market for tyres in the world after China, Europe and the United States. In India, the market is currently being driven by increasing radialization of tyres especially in buses and trucks. Moreover, the tyre industry consists of a vast consumer base, they are used in all type of vehicles which include passenger cars, buses, military vehicles, motorcycles, trucks, etc. The demand of tyres is primarily catalyzed from two end-user segments - OEMs and the replacement segment. The Replacement market currently dominates the tire market accounting for most of the total sales. Demand by the OEM segment is driven by new automobile sales trend, whereas, the replacement market is linked to the usage patterns and replacement cycles. The market for tyres is quite concentrated in India with the top 10 manufacturers accounting for around 80 per cent of the total market. MRF, Apollo Tyres and JK Tyres currently represent the top players in this market. Looking forward, IMARC Group expects the India tyre market to reach a volume of 211 Million Units by 2026.

IMARC Group’s latest report provides a deep insight into the Indian tyre market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Indian tyre market in any manner.

Report Scope:

Historical, Current and Future Market Trends

Market Breakup by Vehicle Type
Two Wheelers
Three Wheelers
Passenger Cars
Light Commercial Vehicles
Medium and Heavy Commercial Vehicles
Off the Road

Market Breakup by OEM and Replacement Segment
OEM Tyres
Replacement Tyres

Market Breakup by Domestic Production and Imports
Domestic Production

Market Breakup by Radial and Bias Tyres
Bias Tyres
Radial Tyres

Market Breakup by Tube and Tubeless Tyres
Tube Tyres
Tubeless Tyres

Market Breakup by Tire Size

Market Breakup by Price Segment

Market Breakup by Region
North India
East India
West and Central India
South India

Value Chain Analysis

Key Drivers and Challenges

Porters Five Forces Analysis

PESTEL Analysis

Government Regulations

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being MRF Limited, CEAT Limited, JK Tyre & Industries Ltd., Apollo Tyres Ltd., etc

Key questions answered in this report:

How has the Indian tyre market performed so far and how will it perform in the coming years?
What are the key regional markets in the Indian tyre industry?
What has been the impact of COVID-19 on the Indian tyre market?
What is the breakup of the market based on the vehicle type?
What is the breakup of the market based on the OEM and replacement segment?
What is the breakup of the market based on the domestic production and imports?
What is the breakup of the market based on radial and bias tyres?
What is the breakup of the market based on tube and tubeless tyres?
What is the breakup of the market based on the tyre size?
What is the breakup of the market based on the price segment?
What are the various stages in the value chain of the Indian tyre industry?
What are the key driving factors and challenges in the Indian tyre industry?
What is the structure of the Indian tyre industry and who are the key players?
What is the degree of competition in the Indian tyre industry?
What are the profit margins in the Indian tyre industry?

Report Coverage:

Base Year Considered: 2020
Historical Data Coverage: 2015-2020
Market Forecast: 2021-2026
Geography Covered: India
Segments Covered: Vehicle Type, OEM and Replacement Segment, Domestic Production and Imports, Radial and Bias Tyres, Tube and Tubeless Tyres, Tire Size, Price Segment and Region

Report Customization: Although IMARC has tried to cover everything in the tyre market landscape, we believe that every stakeholder may have their own specific needs. In view of this, we provide up to 20 man hours of free customization for each report.