The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), India Two-Wheeler Tire Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape. The research company provides an extensive range of strategic reports on diverse industry verticals to substantial and varied client bases, including multinational corporations, financial institutions, governments, and individuals, among others.
India Two-Wheeler Tire Industry Analytical Overview (2024-2030): Drivers, Opportunities, Challenges, and Trends,
According to the latest report, India Two-Wheeler Tire Market size is estimated to grow at a CAGR of around 11.2% during the forecast period, i.e., 2024–30. The report significantly addressed considerable changes, gap analyses, and competitive studies using qualitative and quantitative data. These include the widespread segmentation, geography, and recent developments, entailing information on the fluctuation in the demand, sales, revenue, and other parameters experienced and expected in the industry for the forecasting year i.e. 2024 to 2030.
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What is Included in India Two-Wheeler Tire Market Segmentation?
The report has segmented the market into the following categories:
By Vehicle Type
- Scooter and Moped- Market Size & Forecast 2019-2030, Thousand Units
- Motorcycle- Market Size & Forecast 2019-2030, Thousand Units
By Demand Type
- OEMs- Market Size & Forecast 2019-2030, Thousand Units
- Replacement- Market Size & Forecast 2019-2030, Thousand Units
The OEM segment is expected to witness the fastest market growth in the forecast years. India's large population, particularly the young demographic segment, drives the demand for two-wheelers as a primary mode of transportation.
By Tire Type
- Radial- Market Size & Forecast 2019-2030, Thousand Units
- Bias- Market Size & Forecast 2019-2030, Thousand Units
By Price Category
- Budget- Market Size & Forecast 2019-2030, Thousand Units
- Economy- Market Size & Forecast 2019-2030, Thousand Units
- Premium-Market Size & Forecast 2019-2030, Thousand Units
By Sales Channel
- Online- Market Size & Forecast 2019-2030, Thousand Units
- Multi Brand Stores - Market Size & Forecast 2019-2030, Thousand Units
- Exclusive Outlets - Market Size & Forecast 2019-2030, Thousand Units
- Direct Sales- Market Size & Forecast 2019-2030, Thousand Units
By Tire Size
- Tire Size 1 - Market Size & Forecast 2019-2030, Thousand Units
- Tire Size 2- Market Size & Forecast 2019-2030, Thousand Units
- Tire Size 3- Market Size & Forecast 2019-2030, Thousand Units
- Tire Size 4- Market Size & Forecast 2019-2030, Thousand Units
- Tire Size 5- Market Size & Forecast 2019-2030, Thousand Units
By Region
- North
- East
- West
- South
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Key Factor Driver India Two-Wheeler Tire Industry Growth by 2030
The scooter and moped segment is anticipated to dominate the market during the forecast period, owing to their rising adoption by commuters with ease of driving and load-carrying capabilities.
Who are the Key Players Operating in the India Two-Wheeler Tire Industry?
The top companies of the India Two-Wheeler Tire market ruling the industry are:
- MRF Ltd.
- Apollo Tyres Corporate
- CEAT Limited
- TVS Srichakra Limited
- Michelin
- Pirelli Tyre S.p.A
- JK Tyres and Industries
- Goodyear Tire and Rubber Company
- Continental AG
- Bridgestone Corporation
- Ralco Tyres
- Maxxis Tires
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FAQs (Frequently Ask Questions)
- What are the industry’s overall statistics or estimates including CARG and USD Value of the forecasting years?
- What are the trends influencing the current scenario of the India Two-Wheeler Tire Market?
- What are the key factors that would propel and hinder the industry?
- Which geographical area dominates the India Two-Wheeler Tire industry?
- Which is the Leading segment in the market?
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