The Motorcycle Parts and Accessories Market in France experienced varying growth trends between 2012 and 2022. From 2012 to 2017, the market showed consistent growth, peaking at $1.313 billion in 2017. However, 2018 saw a decline of 5.07%, partly recovering in 2019 with a 2.14% increase. The market faced significant challenges in 2020 with a marked decline of 16.76%, primarily due to the pandemic's impact. Recovery was noticeable in 2021 and 2022, with year-on-year growth rates of 14.78% and 5.55%, respectively. The CAGR over the last five years stands at -0.45%, reflecting the market's recent volatility.
Future trends to watch for include:
- Continued recovery post-pandemic and stabilization of market growth.
- Technological advancements in motorcycle parts and accessories contributing to market demand.
- Increasing consumer preference for sustainable and eco-friendly products.
- Influence of regulatory changes on market dynamics.
| # | 12 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 1,287,300,000 | 2023 | +0.27% | +0.65% | |
| 2 | 2 United Kingdom | 676,960,000 | 2023 | +1.24% | -1.68% | View data |
| 3 | 3 Switzerland | 185,990,000 | 2023 | -0.49% | +1.92% | View data |
| 4 | 4 Sweden | 93,108,000 | 2023 | -0.75% | +0.021% | View data |
| 5 | 5 New Zealand | 66,684,000 | 2023 | +3.19% | +3.39% | View data |