From 2013 to 2023, the Chinese motorcycle market with engines of 50-250 cc observed a consistent upward trend in value per capita, moving from $5.46 to $7.71. In 2023, the market value per capita stood notably at $7.71. The market exhibited resilience with key growth spurts: from 2021 to 2023, the per capita value increased by approximately 3.2% annually. The more substantial growth over the last decade highlights a continuous demand increase. The five-year CAGR indicates a healthy annual growth rate of 4.3%, suggesting maturing yet expanding market dynamics.
Future trends to watch include:
- Increasing urbanization driving demand for personal mobility solutions.
- Potential regulatory changes affecting small motorcycle engine production.
- Innovative technology integration enhancing scooter and motorcycle appeal.
- Growing environmental emphasis possibly shifting consumer preferences towards eco-friendlier options.
| # | 15 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Austria | 17.65 | 2023 | View data | ||
| 2 | 2 Japan | 16.05 | 2023 | View data | ||
| 3 | 3 New Zealand | 13.89 | 2023 | View data | ||
| 4 | 4 Italy | 13.79 | 2023 | View data | ||
| 5 | 5 Switzerland | 12.62 | 2023 | View data | ||
| 6 | 6 Norway | 8.71 | 2023 | View data | ||
| 7 | 7 Uganda | 7.98 | 2023 | View data | ||
| 8 | 8 China | 7.71 | 2023 | |||
| 9 | 9 United Kingdom | 4.45 | 2023 | View data | ||
| 10 | 10 Sweden | 4.32 | 2023 | View data | ||
