India Retread Tire Market, By Rim Size (13–15, 17–18, 19–21, >21 Inches); By Vehicle Type (Passenger Cars, LCV, HCV, Off-Road Vehicle); By Process (Pre-Cure, Mold Cure); By Sales Channel (OEMs, Independent Service Providers); By Region (North India, South

India Retread Tire Market, By Rim Size (13–15, 17–18, 19–21, >21 Inches); By Vehicle Type (Passenger Cars, LCV, HCV, Off-Road Vehicle); By Process (Pre-Cure, Mold Cure); By Sales Channel (OEMs, Independent Service Providers); By Region (North India, South India, East India, West India), Trend Analysis, Competitive Landscape & Forecast, 2019–2029


India Retread Tire Market Size Set to Grow at Steady CAGR of 3.2% During 2023–2029


India retread tire market is flourishing due to the rising new tire and natural rubber prices, and fluctuating crude oil prices all contribute to an increase in the number of commercial vehicles on the road.



BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, expects India retread tire market size to grow at a significant CAGR of 3.21% by 2029. The demand for retread tires is expected to continue to increase during the forecast period. The market for retread tires is seeing new growth due to the continuously developing vehicle sector. Consumer preference for sustainable alternatives is also more likely. Leading retread tire producers are employing cutting-edge production techniques and strategies to get rid of operational problems and provide customers with high-quality retread tires. Retreaded tire sales are also flourishing due to the growth of the logistics sector and increased freight demand. Tire wear and tear is causing a tremendous rise in the need for tire retreading.

India Retread Tire Market – Overview



Retreading involves replacing the tread on worn tires as part of the tire manufacturing process. Used tire casings that have undergone inspection and repair are utilized for retreading. The two primary tire retreading procedures are mold cure and pre-cure. Retreaded tires are more affordable than brand-new tires, which has increased sales. Retreaded tires are also eco-friendly, which helps the market grow overall because consumers are more likely to favor ecologically favorable options.

Impact of COVID-19 on India Retread Tire Market

The COVID-19 pandemic significantly impacted the global economy at multiple stages, and the effect is being felt in the automotive industry as well. COVID-19 indirectly affected automotive retread tire manufacturing companies, causing production to be halted. During the COVID-19 pandemic, the Indian automobile sector faced severe challenges as production houses closed, inventories began to overflow, and demand completely subsided, affecting retread tire sales. For the supply of several raw materials, manufacturers of consumer electronics, pharmaceuticals, and automobiles in India depend on China and other industrialized nations. Unfortunately, this was badly impacted by the pandemic. The supply chain has been disrupted due to the lockdown, and demand has completely subsided, which is expected to take a long time to recover.

India Retread Tire Market - By Sales Channel



On basis of the sales channel, India retread tire market is divided into OEMs and Independent Service Providers segments. The independent service providers segment is a higher contributor to the India retread tire market. The OEMs and independent service providers both provide retread tires. Major vehicle fleet owners prefer to purchase retread tires from independent service providers, cementing their dominance as the preferred sales channel in the market.

Competitive Landscape

India retread tire market is fiercely competitive. Major companies in the market include Michelin, Bridgestone, Continental AG, The Goodyer Tire & Rubber Company, MRF, YOKOHAMA RUBBER COMPANY, Rosier Tech Innovators, Carloni Tire, JK Tyres, Eastern Treads, and Nokian tires plc. These companies use various strategies, including increasing investments in their R&D activities, mergers, and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in the India retread tire market.



The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of India Retread Tire Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in India Retread Tire Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.


1. Research Framework
1.1. Research Objective
1.2. Product Overview
1.3. Market Segmentation
2. Executive Summary
3. India Retread Tire Market Insights
3.1. Industry Value Chain Analysis
3.2. DROC Analysis
3.2.1. Growth Drivers
3.2.1.1. Rising Demand for Cost-effective & Economical Tires
3.2.1.2. Increasing Logistics Market
3.2.2. Restraints
3.2.2.1. Less Availability
3.2.3. Opportunity
3.2.3.1. Environment Friendly
3.2.4. Challenges
3.2.4.1. Impact on Supply Chain Due to Covid
3.3. Technological Advancement/Recent Developments
3.4. Regulatory Framework
3.5. Porter’s Five Forces Analysis
3.5.1. Bargaining Power of Suppliers
3.5.2. Bargaining Power of Buyers
3.5.3. Threat of New Entrants
3.5.4. Threat of Substitutes
3.5.5. Intensity of Rivalry
4. India Retread Tire Market Overview
4.1. Market Size & Forecast, 2019–2029
4.1.1. By Value (USD Million)
4.2. Market Share & Forecast
4.2.1. By Rim Size
4.2.1.1. 13-15
4.2.1.2. 17-18
4.2.1.3. 19-21
4.2.1.4. >21 inches
4.2.2. By Vehicle Type
4.2.2.1. Passenger Cars
4.2.2.2. LCV
4.2.2.3. HCV
4.2.2.4. Off-road vehicle
4.2.3. By Process
4.2.3.1. Pre-cure
4.2.3.2. Mold cure
4.2.4. By Sales Channel
4.2.4.1. OEM
4.2.4.2. Independent Service Provider
4.2.5. By Region
4.2.5.1. North India
4.2.5.2. South India
4.2.5.3. East India
4.2.5.4. West India
5. North India Retread Tire Market
5.1. Market Size & Forecast, 2019–2029
5.1.1. By Value (USD Million)
5.2. Market Share & Forecast
5.2.1. By Rim Size
5.2.2. By Vehicle Type
5.2.3. By Process
5.2.4. By Sales Channel
6. South India Retread Tire Market
6.1. Market Size & Forecast, 2019–2029
6.1.1. By Value (USD Million)
6.2. Market Share & Forecast
6.2.1. By Rim Size
6.2.2. By Vehicle Type
6.2.3. By Process
6.2.4. By Sales Channel
7. East India Retread Tire Market
7.1. Market Size & Forecast, 2019–2029
7.1.1. By Value (USD Million)
7.2. Market Share & Forecast
7.2.1. By Rim Size
7.2.2. By Vehicle Type
7.2.3. By Process
7.2.4. By Sales Channel
8. West India Retread Tire Market
8.1. Market Size & Forecast, 2019–2029
8.1.1. By Value (USD Million)
8.2. Market Share & Forecast
8.2.1. By Rim Size
8.2.2. By Vehicle Type
8.2.3. By Process
8.2.4. By Sales Channel
9. Competitive Landscape
9.1.
List of Key Players and Their Offerings
9.2. India Retread Tire Company Market Share Analysis, 2022
9.3. Competitive Benchmarking, By Operating Parameters
9.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
10. Impact of Covid-19 on India Retread Tire Market
11. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
11.1. Michelin
11.2. Bridgestone
11.3. The Goodyear Tire & Rubber Company
11.4. Continental AG
11.5. MRF
11.6. YOKOHAMA RUBBER COMPANY
11.7. Rosier Tech Innovators
11.8. Carloni Tire JK TYRES
11.9. Eastern treads
11.10. Nokian tyres plc
11.11. Other Prominent Players
12. Key Strategic Recommendations
13. Research Methodology
13.1. Qualitative Research
13.1.1. Primary & Secondary Research
13.2. Quantitative Research
13.3. Market Breakdown & Data Triangulation
13.3.1. Secondary Research
13.3.2. Primary Research
13.4. Breakdown of Primary Research Respondents, By Region
13.5. Assumptions & Limitations
*Financial information in case of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.
List Of Figures
Figure 1 India Retread Tire Segmentation
Figure 2 India Retread Tire Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2022
Figure 4 India Retread Tire Market Size, By Value (USD Million), 2019–2029
Figure 5 India Retread Tire Market Share, By Rim Size, By Value, 2019–2029
Figure 6 India Retread Tire Market Share, By Vehicle Type, By Value, 2019–2029
Figure 7 India Retread Tire Market Share, By Process, By Value, 2019–2029
Figure 8 India Retread Tire Market Share, By Sales Channel, By Value, 2019–2029
Figure 9 North India Retread Tire Market Size, By Value (USD Million), 2019–2029
Figure 10 North India Retread Tire Market Share, By Rim Size, By Value, 2019–2029
Figure 11 North India Retread Tire Market Share, By Vehicle Type, By Value, 2019–2029
Figure 12 North India Retread Tire Market Share, By Process, By Value, 2019–2029
Figure 13 North India Retread Tire Market Share, By Sales Channel, By Value, 2019–2029
Figure 14 South India Retread Tire Market Size, By Value (USD Million), 2019–2029
Figure 15 South India Retread Tire Market Share, By Rim Size, By Value, 2019–2029
Figure 16 South India Retread Tire Market Share, By Vehicle Type, By Value, 2019–2029
Figure 17 South India Retread Tire Market Share, By Process, By Value, 2019–2029
Figure 18 South India Retread Tire Market Share, By Sales Channel, By Value, 2019–2029
Figure 19 East India Retread Tire Market Size, By Value (USD Million), 2019–2029
Figure 20 East India Retread Tire Market Share, By Rim Size, By Value, 2019–2029
Figure 21 East India Retread Tire Market Share, By Vehicle Type, By Value, 2019–2029
Figure 22 East India Retread Tire Market Share, By Process, By Value, 2019–2029
Figure 23 East India Retread Tire Market Share, By Sales Channel, By Value, 2019–2029
Figure 24 West India Retread Tire Market Size, By Value (USD Million), 2019–2029
Figure 25 West India Retread Tire Market Share, By Rim Size, By Value, 2019–2029
Figure 26 West India Retread Tire Market Share, By Vehicle Type, By Value, 2019–2029
Figure 27 West India Retread Tire Market Share, By Process, By Value, 2019–2029
Figure 28 West India Retread Tire Market Share, By Sales Channel, By Value, 2019–2029
List of Tables
Table 1 India Retread Tire Market Size, By Value (USD Million), 2019–2029
Table 2 India Retread Tire Market Size, By Rim Size, By Value, 2019–2029
Table 3 India Retread Tire Market Size, By Vehicle Type, By Value, 2019–2029
Table 4 India Retread Tire Market Size, By Process, By Value, 2019–2029
Table 5 India Retread Tire Market Size, By Sales Channel, By Value, 2019–2029
Table 6 North India Retread Tire Market Size, By Value (USD Million), 2019–2029
Table 7 North India Retread Tire Market Size, By Rim Size, By Value, 2019–2029
Table 8 North India Retread Tire Market Size, By Vehicle Type, By Value, 2019–2029
Table 9 North India Retread Tire Market Size, By Process, By Value, 2019–2029
Table 10 North India Retread Tire Market Size, By Sales Channel, By Value, 2019–2029
Table 11 South India Retread Tire Market Size, By Value (USD Million), 2019–2029
Table 12 South India Retread Tire Market Size, By Rim Size, By Value, 2019–2029
Table 13 South India Retread Tire Market Size, By Vehicle Type, By Value, 2019–2029
Table 14 South India Retread Tire Market Size, By Process, By Value, 2019–2029
Table 15 South India Retread Tire Market Size, By Sales Channel, By Value, 2019–2029
Table 16 East India Retread Tire Market Size, By Value (USD Million), 2019–2029
Table 17 East India Retread Tire Market Size, By Rim Size, By Value, 2019–2029
Table 18 East India Retread Tire Market Size, By Vehicle Type, By Value, 2019–2029
Table 19 East India Retread Tire Market Size, By Process, By Value, 2019–2029
Table 20 East India Retread Tire Market Size, By Sales Channel, By Value, 2019–2029
Table 21 West India Retread Tire Market Size, By Value (USD Million), 2019–2029
Table 22 West India Retread Tire Market Size, By Rim Size, By Value, 2019–2029
Table 23 West India Retread Tire Market Size, By Vehicle Type, By Value, 2019–2029
Table 24 West India Retread Tire Market Size, By Process, By Value, 2019–2029
Table 25 West India Retread Tire Market Size, By Sales Channel, By Value, 2019–2029
Table 26 Michelin Company Overview
Table 27 Michelin Financial Overview
Table 28 Bridgestone Company Overview
Table 29 Bridgestone Financial Overview
Table 30 The Goodyear Tire & Rubber Company: Company Overview
Table 31 The Goodyear Tire & Rubber Company Financial Overview
Table 32 Continental AG Company Overview
Table 33 Continental AG Financial Overview
Table 34 MRF Company Overview
Table 35 MRF Financial Overview
Table 36 YOKOHAMA RUBBER COMPANY: Company Overview
Table 37 YOKOHAMA RUBBER COMPANY Financial Overview
Table 38 Rosier Tech Innovators Company Overview
Table 39 Rosier Tech Innovators Financial Overview
Table 40 Carloni Tire JK TYRES Company Overview
Table 41 Carloni Tire JK TYRES Financial Overview
Table 42 Eastern treads Company Overview
Table 43 Eastern treads Financial Overview
Table 44 Nokian tyres plc Company Overview
Table 45 Nokian tyres plc Financial Overview

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