India Two-Wheeler Tire Market Set to Grow at 10.35% CAGR by 2030 – MarkNtel
As per MarkNtel Advisors the India Two-Wheeler Tire Market size was valued at around USD 3.39 billion and is projected to reach USD 6.12 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 10.35% during the forecast period, i.e., 2025-30.
India Two-Wheeler Tire Market Systems Market Analysis:
The market's growth is driven by increased traffic jams, the expansion of online delivery services, and the inclination of consumers towards electric two-wheelers. Cities like Bangalore, Pune, Mumbai, Delhi, and others are experiencing the worst traffic conditions in India due to the growing urban population. For instance, according to the TomTom Traffic Index in 2023, Bengaluru and Pune found themselves on the list of the ten worst traffic-hit cities worldwide. To combat the heavy traffic, most people are inclined toward adopting two-wheelers in such cities, substantially contributing to the overall market growth & expansion. Moreover, a large number of the working population prefers commuting on scooters, primarily to avoid the burgeoning traffic. While the sales of two-wheelers are increasing, it is directly impacting the India Two-Wheeler Tire Industry positively.
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India Two-Wheeler Tire Market Systems Market Segmentation:
By Vehicle Type
- Scooter and Moped- Market Size & Forecast 2020-2030, Thousand Units
- Motorcycle- Market Size & Forecast 2020-2030, Thousand Units
By Demand Type
- OEMs- Market Size & Forecast 2020-2030, Thousand Units
- Replacement- Market Size & Forecast 2020-2030, Thousand Units
By Tire Type
- Radial- Market Size & Forecast 2020-2030, Thousand Units
- Bias- Market Size & Forecast 2020-2030, Thousand Units
By Price Category
- Budget- Market Size & Forecast 2020-2030, Thousand Units
- Economy- Market Size & Forecast 2020-2030, Thousand Units
- Premium-Market Size & Forecast 2020-2030, Thousand Units
By Sales Channel
- Online- Market Size & Forecast 2020-2030, Thousand Units
- Multi Brand Stores - Market Size & Forecast 2020-2030, Thousand Units
- Exclusive Outlets - Market Size & Forecast 2020-2030, Thousand Units
- Direct Sales- Market Size & Forecast 2020-2030, Thousand Units
By Tire Size
- Tire Size 1 - Market Size & Forecast 2020-2030, Thousand Units
- Tire Size 2- Market Size & Forecast 2020-2030, Thousand Units
- Tire Size 3- Market Size & Forecast 2020-2030, Thousand Units
- Tire Size 4- Market Size & Forecast 2020-2030, Thousand Units
- Tire Size 5- Market Size & Forecast 2020-2030, Thousand Units
By Region
- North
- East
- West
- South
India Two-Wheeler Tire Market Recent Development:
2025: TVS Srichakra inaugurated two flagship Eurogrip Tyre Experience Centers in Chennai, designed to enhance customer engagement through advanced tire fitting, servicing, and ride optimization support. The expansion aligns with India’s growing shift toward experience-focused retail in the automotive aftermarket, strengthening Eurogrip’s urban brand presence.
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India Two-Wheeler Tire Market Drivers:
Expansion of Fleet by Raid Hailing Companies – Major cities like Pune, Bangalore, Delhi, etc., have been facing traffic congestion issues due to rapid urbanization and strained road infrastructure. These traffic jams devour nearly half of the daily commute time of individuals. As a result, the individuals residing in these cities leave early for work and prefer to use bike taxis for daily commuting purposes. Thus, Bangalore, Delhi, Pune, Mumbai, etc., have emerged as hotbeds for ride-hailing app usage. The high usage of bike taxis in the region is resulting in wear and tear of the tires, enhancing the requirement for replacement at frequent intervals. In addition, the growing demand for ride-hailing motorcycle taxis is also leading companies, such as Uber, Ola, Rapido, etc., to expand their motorcycle fleets.
Report Highlights Essential Insights for Strategic Decision-Making
- Detailed market size, share, and forecast analysis
• In-depth pricing trends and segment-wise cost evaluations
• Key industry strategies, including innovation, partnerships, and acquisitions
• Critical value chain analysis and stakeholder profiling
• Regional import-export market insights and trade flow assessment
• Thorough competitive benchmarking of top hearing aid manufacturers
• Identification of new growth opportunities and niche market segments
• Overview of market trends, drivers, and challenges shaping future demand
Some of the leading players in the India Two-Wheeler Tire Market are:
- MRF Ltd.
- Apollo Tyres Corporate
- CEAT Limited
- TVS Srichakra Limited
- Michelin
- Pirelli Tyre S.p.A
- JK Tyres and Industries
- Goodyear Tire and Rubber Company
- Continental AG
- Bridgestone Corporation
- Ralco Tyres
- Maxxis Tires
- Others
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Research Methodology Summary
A systematic approach is used to ensure accurate market insights, combining both bottom-up and top-down methods. Data triangulation validates findings from multiple angles.
Key Steps:
- Define objectives and research design
- Collect data through surveys and interviews
- Analyze and validate data using reliable tools
- Forecast trends and deliver actionable insights
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About us:
MarkNtel Advisors is a premier market research and consulting firm with deep domain expertise in the tire industry, including off-the-road vehicle tires, performance tires, and comprehensive tire reports. Our research covers manufacturing processes, raw material trends, and market expansion strategies. Leveraging Competitive Intelligence, we help tire manufacturers, distributors, and investors benchmark performance, anticipate demand shifts, and implement data-driven strategies for achieving long-term competitiveness and sustainability.
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