India Two-Wheeler Radial Tire Market Overview: 2024-2030
Base Year: 2023
Historical Years: 2019-22
Forecast Years: 2024-30
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.
Markntel Advisor’s India Two-Wheeler Radial Tire Market Insights report provides the current and forecast market analysis, individual leading companies’ market shares, challenges, India Two-Wheeler Radial Tire Market drivers, barriers, India Two-Wheeler Radial Tire Market Trends, and Key Players in India Two-Wheeler Radial Tire Market.
Download a sample copy of the Report: https://www.marknteladvisors.com/query/request-sample/india-two-wheeler-radial-tire-market.html
✅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 2025 to 2030, 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.
India Two-Wheeler Radial Tire Market Dynamics: 2024-2030
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. For instance:
In 2020, TVS Eurogrip’s Two-wheeler tires, with its R&D capabilities and patented innovations launched world-class tires that offered exceptional performance, control, stability, and durability through advanced technologies like Zero-degree steel-belted radials and tri-polymer technology.
Therefore, the launch of world-class two-wheeler tires and the rising demand for two-wheeler tires in the aftermarket enhanced market growth in the historical years. Further, as riders are seeking improved performance and fuel efficiency, they are projected to shift toward the installation of radial tires in their two-wheelers, which would drive the demand for tire replacement in the coming years as well.
Browse Full Report with Detail Analysis – https://www.marknteladvisors.com/research-library/india-two-wheeler-radial-tire-market.html
India Two-Wheeler Radial Tire Market (2024-30): Segmentation Outlook
The market report has segmented the market into the following categories:
- By Two-Wheeler Type
- Moped & Scooter -Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
- Motorcycle -Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
According to report, 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 Tire Size
- Front Tire-Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
- 100/80 R17-Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
- 110/70 R17 -Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
- 120/70 R 17-Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
- 80/100 R 18- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
- Others (80/100 R 17, 90/90 R 17, etc.) -Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
- Rear Tire-Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
- 190/55 R 17-Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
- 180/55 R 17-Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
- 100/90 R 17-Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
- 160/60 R 17-Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
- Others (130/70 R 17, 150/60 R 17, etc.) -Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
- By Engine Type
- Internal Combustion Engine-Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
- Electric -Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
- Front Tire-Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
According to report, 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 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)
- Yamaha
- Bajaj
- Husqvarna
- Royal Enfield
- KTM
- Hero
- Suzuki
- Others
- Aftermarket- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
- OEMs- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
By Region
- North
- East
- West
- South
Note – If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.
Top Companies Operating in the India Two-Wheeler Radial Tire Market:
- 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.
Reports Delivery Format – Market research studies from MarkNtel Advisors are offered in PDF, Excel, and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address
About Us –
We are a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
Contact Us –
Email: [email protected]
Sales Office: 564 Prospect St, B9, New Haven, Connecticut, USA-06511
Address Corporate Office: Office No.109, H-159, Sector 63, Noida, Uttar Pradesh-201301, India
