MarkNtel Advisors, a leading market research and consulting firm, has announced the release of its latest study titled India Two-Wheeler Radial Tire Market Research Report: Forecast (2024-2030). This report provides a detailed assessment of the India Two-Wheeler Radial Tire Market, covering its evolving dynamics, emerging trends, key growth drivers, major challenges, and competitive landscape.
Designed to guide investors, stakeholders, and business leaders, the research aims to deliver valuable insights for strategic planning, risk assessment, and investment decision-making in the years ahead.
Market Timeline Overview
- Historical Years: 2019-22
- Base Years: 2023
- Forecast year - 2024-2030
This helps businesses identify emerging opportunities, assess market risks, and develop data-driven strategies for long-term success.
In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2026 to 2032, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.
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India Two-Wheeler Radial Tire Market Outlook
According to the report, 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. The major factor attributed to the market’s growth is the increased demand for radial tires for replacement purposes in the aftermarket.
The report also examines consumer preferences, regulatory impacts, and investment trends that will shape the market’s trajectory over the next decade.
India Two-Wheeler Radial Tire Market Drivers:
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.
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India Two-Wheeler Radial Tire Market Trends:
Tubeless Radial Tires Gaining Traction – Tubeless radial tires have gained popularity in the Indian Two-wheeler Market due to their improved safety, convenience, and performance benefits. They were particularly preferred by urban riders and enthusiasts who prioritized safety and a hassle-free riding experience. Their better stability and handling characteristics contributed to enhanced ride comfort and improved fuel efficiency. Additionally, the absence of an inner tube eliminated the need for frequent tube maintenance and repairs, making tubeless radial tires more convenient and cost-effective in the long run, which has enhanced their demand in the Indian market in recent years.
India Two-Wheeler Radial Tire Market Segmentation
The study categorizes the India Two-Wheeler Radial Tire Market into various segments and sub-segments, each analyzed for its size, growth potential, and contribution to the overall industry.
By Two-Wheeler Type
- Moped & Scooter
- Motorcycle
By Tire Size
- Front Tire
- 100/80 R17
- 110/70 R17
- 120/70 R 17
- 80/100 R 18
- Others (80/100 R 17, 90/90 R 17, etc.)
- Rear Tire
- 190/55 R 17
- 180/55 R 17
- 100/90 R 17
- 160/60 R 17
- Others (130/70 R 17, 150/60 R 17, etc.)
By Engine Type
- Internal Combustion Engine
- Electric
By Price Category
- Budget
- Economy
- Premium
By Sales Channel
- Online
- Direct Sales
- Multi Brand Stores
- Exclusive Outlets
By Demand Type
- OEMs
- Yamaha
- Bajaj
- Husqvarna
- Royal Enfield
- KTM
- Hero
- Suzuki
- Others
Geographical Analysis
The report presents detailed insights into the market’s geographical expansion, highlighting key trends and opportunities across the following geographies:
By Region
- North
- East
- West
- South
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Leading Companies in India Two-Wheeler Radial Tire Market Worldwide: Players, Analysis & Future Outlook
MRF Tyres, Apollo Tyres Ltd., CEAT Ltd., TVS Srichakra Ltd., Michelin India Pvt. Ltd., Pirelli Tires SA, JK Tyres & Industries, Goodyear India Ltd., Continental India Pvt. Ltd., Bridgestone India Pvt. Ltd., and Others are the top companies in the India Two-Wheeler Radial Tire Market.
Key Highlights of the Report
- Comprehensive Market Overview: In-depth analysis of market size, share, and forecasts from 2024 to 2030.
- Growth Drivers & Challenges: Clear insights into factors feeling or restraining market expansion.
- Investment & Regulatory Insights: Evaluation of key policies, funding trends, and collaborations influencing industry performance.
- Competitive Landscape: Detailed profiles of leading companies, including product portfolios, business strategies, financials, and recent developments such as mergers & acquisitions.
Analytical Tools: Application of SWOT Analysis, PESTEL Analysis, and Porter’s Five Forces Model to assess competition and external influences
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Frequently Asked Questions (FAQ)
1. What is the projected growth rate of the India Two-Wheeler Radial Tire Market?
2. What are the major factors driving this market’s growth?
3. Which regions are expected to lead the India Two-Wheeler Radial Tire Market?
4. Who are the prominent players in the India Two-Wheeler Radial Tire Market?
5. How is the competition structured in this market?
6. How can I access the full report?
About Us
MarkNtel Advisors is a leading global market intelligence firm specializing in the food and beverages industry, encompassing food supplements & additives, food logistics, and warehousing solutions. We deliver comprehensive research on supply chain efficiency, evolving consumption trends, and regulatory shifts. With our Custom Market Analysis, we offer tailored insights to manufacturers, distributors, and investors, helping them optimize operations, strengthen market positioning, and drive sustainable growth in the global F&B ecosystem.
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