Switzerland's Motorcycle Parts and Accessories market exhibited fluctuating trends from 2012 to 2022. The market saw a peak of $208.58 million in 2014 followed by periods of both decline and growth. Notable drops were observed in 2013 and 2016 with declines of -5.9% and -10.83% year-on-year, respectively. However, positive growth was evident in 2014 and 2020 with increases of 25.16% and 16.16% respectively. The period from 2017 to 2019 generally faced downturns, but a slight recovery was noted in 2022 with a year-on-year growth of 5.7%. The compound annual growth rate (CAGR) over the last five years stood at 2.36%.
Future trends to watch for include:
- Technological advancements in motorcycle parts enhancing performance and durability.
- Shifts towards electric motorcycles potentially affecting parts and accessories demand.
- Increasing focus on sustainability and eco-friendly products.
- Potential impacts of regulatory changes on aftermarket parts.
| # | 12 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 1,287,300,000 | 2023 | +0.27% | +0.65% | View data |
| 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% | |
| 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 |