India Tyre Market to Reach 225.6 Million Units by 2028, Impelled by Rising Sales of Automobiles

July 06, 2022

According to the latest report by IMARC Group, titled "India Tyre Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028," the India tyre market reached a volume of 188.9 Million Units in 2022. A tyre is widely used in the manufacturing of several types of vehicles that generally consist of a sidewall, bead filler and bundle, carcass, cap piles, edge cover, tread, body ply and inner liner that is mounted over a wheel rim to act as a cushion. These components are usually formed together that help in providing smooth transactions between the wheel and the surface. It is mainly designed to support vehicle load, transmit traction, reduce vibrations, create torque and braking forces to the road surface, absorb road shocks and maintain and change the direction of travel smoothly.

India Tyre Market Trends:

The market in India is primarily driven by significant growth in the automotive sector. Moreover, the increasing demand for enhanced comfort while driving among individuals is providing a boost to the demand for tyres. This has encouraged leading players to heavily spending in product innovations, which is creating a positive market outlook. Due to the growing population level and the inflating disposable income levels of the masses, there has been a considerable rise in the sales of personal automobiles among the masses, which is impacting the market favorably. Additionally, continual technological advancements and the deployment of advanced techniques in the manufacturing processes are considered to be other major growth-inducing factors. Other factors, including the escalating demand for heavy-duty vehicles across the construction, defense and agriculture industries, the rising infrastructural development projects in order to connect rural and urban locations, and extensive research and development (R&D) activities conducted by key players, are also positively influencing the market across India. On account of the aforementioned factors, the market is anticipated to reach a volume of 225.6 Million Units by 2028, exhibiting a CAGR of 3.1% during 2023-2028.

Market Summary: 

  • On the basis of the vehicle type, the market has been segmented into two wheelers, three wheelers, passenger cars, light commercial vehicles, medium and heavy commercial vehicles and off the road.
  • The market is bifurcated into OEM and replacement segment. 
  • The market is segregated into domestic production and imports.
  • The market is classified into radial and bias tyres.
  • The market is categorized into tube and tubeless tyres.
  • Based on the tyre size, the market has been divided into small, medium and large.
  • On the basis of the price segment, the market has been segmented into low, medium and high.
  • Based on the region, the market has been segregated into North India, East India, West and Central India and South India.
  • The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market. Some of these players include MRF Limited, CEAT Limited, JK Tyre & Industries Ltd., and Apollo Tyres Ltd.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us

30 N Gould St, Ste R
Sheridan, WY (Wyoming) 82801 USA
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331
Asia: +91-120-433-0800, +91-120-433-0800

India Tyre Market to Reach 225.6 Million Units by 2028, Impelled by Rising Sales of Automobiles
Select Licence Type

Benefits of Customization

Personalize This Research

Triangulate with your Data

Get Data as per your Format and Definition

Gain a Deeper Dive into a Specific Application, Geography, Customer or Competitor

Any level of Personalization

Get in Touch With Us

Phone: +1-631-791-1145


Phone: +91-120-433-0800


Phone: +44-753-713-2163


Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Bayer AH

It was indeed a great experience to work with IMARC on the assignment on Aqua market. The team had done a fantastic job in terms of what was expected, what was assured and what was the result… the report gave us many insights and market know how which allowed us to work on our strength and define exact strategies…

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More