| Product Code: ETC7550573 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India`s import shipments of performance tires saw a significant boost in 2024, with top exporting countries including Thailand, Germany, Romania, USA, and Poland. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), shifted from moderate in 2023 to high in 2024, indicating a more consolidated market landscape. Despite a declining compound annual growth rate (CAGR) of -3.73% from 2020 to 2024, the growth rate in 2024 alone surged by an impressive 34.42%, showcasing a promising uptrend in the demand for performance tires in India.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Performance Tires Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Performance Tires Market Revenues & Volume, 2021 & 2031F |
3.3 India Performance Tires Market - Industry Life Cycle |
3.4 India Performance Tires Market - Porter's Five Forces |
3.5 India Performance Tires Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Performance Tires Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Performance Tires Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for high-performance vehicles in India |
4.2.2 Growing awareness about tire performance and safety among consumers |
4.2.3 Rise in disposable income leading to higher spending on premium automotive products |
4.3 Market Restraints |
4.3.1 High initial cost of performance tires compared to regular tires |
4.3.2 Lack of availability of performance tires in remote areas or smaller cities in India |
4.3.3 Limited awareness among consumers about the benefits of performance tires |
5 India Performance Tires Market Trends |
6 India Performance Tires Market, By Types |
6.1 India Performance Tires Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Performance Tires Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 India Performance Tires Market Revenues & Volume, By Racing Slicks, 2021- 2031F |
6.1.4 India Performance Tires Market Revenues & Volume, By Tread Tires, 2021- 2031F |
6.2 India Performance Tires Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Performance Tires Market Revenues & Volume, By OEMS, 2021- 2031F |
6.2.3 India Performance Tires Market Revenues & Volume, By Replacement/Aftermarket, 2021- 2031F |
7 India Performance Tires Market Import-Export Trade Statistics |
7.1 India Performance Tires Market Export to Major Countries |
7.2 India Performance Tires Market Imports from Major Countries |
8 India Performance Tires Market Key Performance Indicators |
8.1 Average selling price (ASP) of performance tires in India |
8.2 Number of high-performance vehicle sales in India |
8.3 Percentage increase in tire replacements with performance tires in urban areas |
9 India Performance Tires Market - Opportunity Assessment |
9.1 India Performance Tires Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Performance Tires Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Performance Tires Market - Competitive Landscape |
10.1 India Performance Tires Market Revenue Share, By Companies, 2024 |
10.2 India Performance Tires Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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