From 2013 to 2023, the per capita market value for motorcycles with spark ignition engines exceeding 800 cc in France grew from $29.17 to $44.96, showcasing a positive growth trajectory. The year-on-year analysis reveals fluctuations with notable declines in 2020 by 14.8% and substantial recovery thereafter, reaching a 9.9% increase in 2022 and a 1.9% increase in 2023. The Compound Annual Growth Rate (CAGR) over the last five years (2018-2023) is approximately 1.27%, indicating moderate yet steady growth.
Future trends to watch include:
- Potential impacts from increased environmental regulations and shifts towards electric motorcycles.
- Consumer preferences increasingly leaning towards sustainable modes of transportation.
- Technological advancements potentially influencing market dynamics and preferences.
