Between 2013 and 2023, the Bicycles and Motorcycles Parts and Accessories market in Canada showed fluctuations with an overall declining trend in the per capita market value. In 2023, it stood at $22.31 per capita. From 2022 to 2023, the market value per capita decreased by 2.45%, whereas over the last five years, the Compound Annual Growth Rate (CAGR) was approximately -2.52%, highlighting a consistent decline.
Future trends to watch for:
- Increased interest in eco-friendly transportation could drive bicycle demand.
- Technological advancements may enhance motorcycle accessory appeal.
- Potential economic factors may impact discretionary spending on accessories.
| # | 34 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Switzerland | 80.88 | 2023 | View data | ||
| 2 | 2 Italy | 73.33 | 2023 | View data | ||
| 3 | 3 Denmark | 57.35 | 2023 | View data | ||
| 4 | 4 France | 52.93 | 2023 | View data | ||
| 5 | 5 Spain | 49.26 | 2023 | View data | ||
| 13 | 13 Australia | 27.65 | 2023 | View data | ||
| 14 | 14 Poland | 24.14 | 2023 | View data | ||
| 15 | 15 Canada | 22.31 | 2023 | |||
| 16 | 16 Slovakia | 22.09 | 2023 | View data | ||
| 17 | 17 Finland | 22.07 | 2023 | View data | ||
