India Two-Wheeler Radial Tire Industry Forecast: Key Players and Growth Analysis 2030

Overview of the India Two-Wheeler Radial Tire Market:

Gain data-driven insights into the India Two-Wheeler Radial Tire Market Size, trends, and forecasts. This in-depth report delivers expert analysis of market drivers, segmentation, and emerging opportunities. It highlights key metrics and actionable findings in a professional, easy-to-scan format. Key statistics (market size, growth rates, share by segment) are presented up-front in bullet form for immediate impact.

Executive Summary

The India Two-Wheeler Radial Tire Market size is estimated to grow at a CAGR of around 6.7% during the forecast period, i.e., 2024-30.

India Two-Wheeler Radial Tire Market Driver:

Robust Aftermarket Demand for Replacement Radial Tires – There has been a notable surge in the number of Two-wheelers on Indian roads, which has led to a substantial demand for radial tire replacements due to the effects of wear and tear. This demand has been largely driven by factors such as poor road conditions and excessive path holes, which resulted in extensive wear & tear. In addition, the mileage covered by two-wheelers on Indian roads has been higher as compared to other vehicles, given the extensive use of motorcycles and scooters for daily commuting.

As a result, the need for tire replacement became more frequent in the past, contributing to the improved demand for Two-wheeler radial tires in the aftermarket. Also, as radial tires offer a better riding experience in terms of safety & security, consumers prefer radial tires for replacement purposes over Bias tires.

This changing landscape of consumer preference has promoted vehicle manufacturers like TVS Eurogrip, MRF Tyres, and others to prioritize advanced technologies to cater to the growing audience base.

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India Two-Wheeler Radial Tire Market Segmentation

Break down the market by key categories and geography. We outline major segments and provide size/share estimates for each.

-By Type of Two-wheeler

• Moped & Scooter
• Motorcycle

The motorcycle segment held a significant share in the India Two-Wheeler Radial Tire Market mainly driven by the high demand for motorcycles in the urban parts of the country.

-By Engine Type

• Internal Combustion Engine
• Electric

In India, Internal Combustion Engine (ICE)-based two-wheelers have held a substantial share in the India Two-Wheeler Radial Tire Market because the availability of petrol fuel is widespread and there is a well-integrated network of petrol pumps across the country.

-By Tire Size

• Front Tire-Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
• Rear Tire-Market Size & Forecast 2019-2030F, Unit Sold (Thousand)

-By Price Category

• Budget- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
• Economy- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
• Premium- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)

-By Sales Channel

• Online- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
• Direct Sales- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
• Multi Brand Stores- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
• Exclusive Outlets- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)

-By Demand Type

• OEMs- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
• Aftermarket- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)

Geographical Analysis

-By Region

• North
• East
• West
• South

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Competitive Market Strategies: List of Largest India Two-Wheeler Radial Tire Companies

Analysis of the competitive landscape and company strategies. We profile leading players Business Description, Product Portfolio, Recent Developments, and list key Strategic Alliances or Partnerships approaches.

• MRF Ltd.
• Apollo Tyres Ltd.
• CEAT Limited
• TVS Srichakra Limited
• Michelin India Pvt. Ltd.
• Pirelli Tyres SA
• JK Tyres & Industries
• Goodyear India Limited
• Continental India Pvt. Ltd.
• Bridgestone India Pvt. Ltd.
• Others

Future Market Analytics Focus Points

Look ahead to the analytics and trends shaping the industry’s future. This section suggests areas of emphasis for market analysis, such as:

1. Identify Emerging Market Trends: Recognize new trends shaping industries.
2. Leverage Big Data Analytics: Use data for informed decision-making strategies.
3. Explore Geographic Expansion: Target growth opportunities in new areas.
4. Analyze Consumer Behavior: Adapt to shifting preferences and habits.
5. Emphasize Sustainability: Align strategies with ethical and sustainable practices.

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Objectives of the Study

Clearly state what the report aims to achieve. For example:

• Provide a comprehensive market overview with quantitative forecasts.
• Identify key market segments and competitive dynamics.
• Analyze trends and drivers influencing growth.
• Highlight challenges and risks, plus mitigation strategies.
• Offer actionable insights and recommendations for decision-makers.

Report Delivery Model

 “Our market research report is available in multiple formats for convenience:

• Interactive PDF with rich charts and data tables.
• PowerPoint summary deck for easy presentation and sharing.
• Excel containing all research figure.

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