In 2023, the import value of new pneumatic rubber tyres for bicycles to India was recorded at approximately 1.68 million USD. The forecast for 2024 through 2028 shows a gradual increase with a year-on-year growth ranging from 2.80% to 2.44%. Over this period, the compound annual growth rate (CAGR) is anticipated at around 2.66%, indicating steady market expansion.

Future trends to watch for include:

Growing interest in cycling as a fitness and eco-friendly transportation choice may drive imports.
Advancements in tyre technology and materials could influence market dynamics.
Potential shifts in trade policies and tariffs may impact import volumes and values.