From 2013 to 2023, New Zealand's motor vehicle bumpers and bumper parts market value per capita rose from $9.67 to $17.07 USD. A slight dip in 2020 is visible, likely due to COVID-19 impacts, but recovery followed quickly. The value per capita now stands at $17.07 USD at the end of 2023. Over the last two years (2022-2023), there was a moderate increase indicating renewed interest or economic recovery in the automotive sector. The five-year CAGR shows steady growth, underscoring a positive long-term trend.
Future trends to watch include the electric vehicle expansion, which could diversify bumper materials and designs, impacting both market value and consumer demand. Innovations in lightweight and sustainable materials might also influence market dynamics.
| # | 34 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Canada | 50.6 | 2023 | View data | ||
| 2 | 2 Austria | 35.45 | 2023 | View data | ||
| 3 | 3 Australia | 32.71 | 2023 | View data | ||
| 4 | 4 Germany | 32.38 | 2023 | View data | ||
| 5 | 5 Norway | 29.95 | 2023 | View data | ||
| 11 | 11 France | 19.38 | 2023 | View data | ||
| 12 | 12 Switzerland | 17.45 | 2023 | View data | ||
| 13 | 13 New Zealand | 17.07 | 2023 | |||
| 14 | 14 Italy | 15.89 | 2023 | View data | ||
| 15 | 15 Portugal | 15.8 | 2023 | View data | ||
