The forecasted number of mopeds in the UK is expected to decline from 35.99 thousand in 2024 to 26.99 thousand by 2028. This trajectory demonstrates a year-on-year reduction in the market, underscoring a potential declining interest or shift in transportation preferences. The year-on-year percentage change indicates a consistent decrease, with a greater negative percentage variation since 2024.
The projected Compound Annual Growth Rate (CAGR) over the five-year period reflects a noticeable downward trend in moped ownership. In 2023, the number stood higher than the forecasted figures, suggesting a peak reached before the downturn.
Future trends to monitor include:
- Environmental policies influencing urban travel preferences.
- The rise of electric scooters and other alternative modes of transport.
- Economic factors affecting discretionary spending and transport choices.
