| Product Code: ETC10357902 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, India saw a significant influx of saloon car imports from top exporting countries including Japan, South Korea, Germany, Metropolitan France, and India itself. Despite high market concentration indicated by the Herfindahl-Hirschman Index (HHI), the industry experienced a notable growth rate of 5.54% in 2024. However, the compound annual growth rate (CAGR) from 2020 to 2024 was negative at -22.77%, suggesting a challenging period for the saloon car import market in India. The diverse range of exporting countries underscores the competitive landscape and consumer demand for a variety of options.

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 Saloon Car Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Saloon Car Market Revenues & Volume, 2021 & 2031F |
3.3 India Saloon Car Market - Industry Life Cycle |
3.4 India Saloon Car Market - Porter's Five Forces |
3.5 India Saloon Car Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Saloon Car Market Revenues & Volume Share, By Fuel Type, 2021 & 2031F |
3.7 India Saloon Car Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 India Saloon Car Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Saloon Car Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of the middle-class population in India |
4.2.2 Growing urbanization leading to higher demand for personal transportation |
4.2.3 Introduction of advanced features and technologies in saloon cars |
4.2.4 Shift towards electric vehicles driving demand for electric saloon cars |
4.2.5 Government initiatives promoting the automotive industry and electric vehicles |
4.3 Market Restraints |
4.3.1 High import duties and taxes affecting the pricing of saloon cars |
4.3.2 Fluctuating fuel prices impacting consumer purchasing power |
4.3.3 Traffic congestion and lack of parking spaces in urban areas affecting car usage |
4.3.4 Competition from other modes of transportation like ride-sharing services and public transport |
4.3.5 Infrastructure challenges such as inadequate charging stations for electric vehicles |
5 India Saloon Car Market Trends |
6 India Saloon Car Market, By Types |
6.1 India Saloon Car Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Saloon Car Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 India Saloon Car Market Revenues & Volume, By Compact, 2021 - 2031F |
6.1.4 India Saloon Car Market Revenues & Volume, By Mid-size, 2021 - 2031F |
6.1.5 India Saloon Car Market Revenues & Volume, By Luxury, 2021 - 2031F |
6.1.6 India Saloon Car Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 India Saloon Car Market, By Fuel Type |
6.2.1 Overview and Analysis |
6.2.2 India Saloon Car Market Revenues & Volume, By Petrol, 2021 - 2031F |
6.2.3 India Saloon Car Market Revenues & Volume, By Diesel, 2021 - 2031F |
6.2.4 India Saloon Car Market Revenues & Volume, By Hybrid, 2021 - 2031F |
6.2.5 India Saloon Car Market Revenues & Volume, By Electric, 2021 - 2031F |
6.3 India Saloon Car Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 India Saloon Car Market Revenues & Volume, By Individuals, 2021 - 2031F |
6.3.3 India Saloon Car Market Revenues & Volume, By Fleet Owners, 2021 - 2031F |
6.3.4 India Saloon Car Market Revenues & Volume, By Rental Services, 2021 - 2031F |
6.3.5 India Saloon Car Market Revenues & Volume, By Others, 2021 - 2031F |
6.4 India Saloon Car Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 India Saloon Car Market Revenues & Volume, By Personal Use, 2021 - 2031F |
6.4.3 India Saloon Car Market Revenues & Volume, By Commercial Use, 2021 - 2031F |
6.4.4 India Saloon Car Market Revenues & Volume, By Taxi & Rideshare, 2021 - 2031F |
6.4.5 India Saloon Car Market Revenues & Volume, By Others, 2021 - 2031F |
7 India Saloon Car Market Import-Export Trade Statistics |
7.1 India Saloon Car Market Export to Major Countries |
7.2 India Saloon Car Market Imports from Major Countries |
8 India Saloon Car Market Key Performance Indicators |
8.1 Average age of saloon cars on the road |
8.2 Adoption rate of advanced features in saloon cars |
8.3 Growth in number of electric saloon cars on the road |
8.4 Percentage of total vehicles in India that are saloon cars |
8.5 Average distance traveled by saloon cars on a daily/weekly basis |
9 India Saloon Car Market - Opportunity Assessment |
9.1 India Saloon Car Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Saloon Car Market Opportunity Assessment, By Fuel Type, 2021 & 2031F |
9.3 India Saloon Car Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 India Saloon Car Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Saloon Car Market - Competitive Landscape |
10.1 India Saloon Car Market Revenue Share, By Companies, 2024 |
10.2 India Saloon Car 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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