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 Driver:

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. For instance,

·        In 2024, Ola unveiled its e-bike service in Delhi and Hyderabad and planned to deploy 10,000 e-vehicles across these cities over the coming months.

Consequently, the expansion of ride-hailing services is expected to drive tire demand across the country and contribute to the growth of the India Two-Wheeler Tire Market in the coming years.

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Market Dimensions & Projections

·        Pricing Evaluation

·        Recent Strategic Moves by Companies

·        Primary Stakeholders

·        Import/Export Trend Analysis

·        Competitive Landscape Assessment

·        Emerging Opportunities

·        Market Trends and Indicators

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India Two-Wheeler Tire Market Segmentation:

The market report categorizes the market based on different segments and geographical analysis.

Study Timeline:

-Base Year: 2024

-Historical Period: 2020 to 2023

-Forecast Period: 2025 to 2030

• 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

Competitive Landscape

With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including -   MRF Ltd., Apollo Tyres Corporate, CEAT Limited, TVS Srichakra Limited, Michelin, Pirelli Tyres S.p.A, JK Tyres and Industries, Goodyear Tire and Rubber Company, Continental AG, Bridgestone Corporation, Ralco Tyres, Maxxi Tyres, and Others

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