As of 2023, the number of motorcycles in the UK stood at approximately 1.202 million. Forecasted data indicates a gradual increase, with the number of motorcycles expected to rise to 1.2054 million in 2024, 1.2087 million in 2025, 1.212 million in 2026, 1.2152 million in 2027, and 1.2183 million in 2028.
Year-on-year variation percentages are as follows:
- 2024: +0.28%
- 2025: +0.27%
- 2026: +0.27%
- 2027: +0.26%
- 2028: +0.26%
The compound annual growth rate (CAGR) over the next five years (from 2023 to 2028) is projected to be around 0.27%.
Future trends to watch for include advancements in electric motorcycles, increasing environmental regulations, and changes in consumer preferences. The growth of urbanization and concerns about sustainability may further drive the demand for more eco-friendly motorcycle options in the coming years.
