The Bicycle Brakes and Bicycle Brakes Parts market value per capita in Australia witnessed fluctuations from 2013 to 2023, reaching $0.74 in 2023. Between 2022 and 2023, the value remained constant. Over the past five years, the compound annual growth rate (CAGR) indicated modest growth despite intermittent downturns. From 2022 to 2023, this value showed a stable trend with no year-on-year variation.
Future trends to watch for include:
- Innovation in braking technology potentially increasing per capita expenditure.
- The impact of sustainability trends encouraging higher quality and longer-lasting parts.
- Shifts in consumer preference towards e-bikes influencing brake components' demand.
| # | 23 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Switzerland | 6.21 | 2023 | View data | ||
| 2 | 2 France | 2.6 | 2023 | View data | ||
| 3 | 3 Italy | 1.94 | 2023 | View data | ||
| 4 | 4 Poland | 1.88 | 2023 | View data | ||
| 5 | 5 Slovakia | 1.64 | 2023 | View data | ||
| 10 | 10 United Kingdom | 1 | 2023 | View data | ||
| 11 | 11 Brazil | 0.74 | 2023 | View data | ||
| 12 | 12 Australia | 0.74 | 2023 | |||
| 13 | 13 Canada | 0.72 | 2023 | View data | ||
| 14 | 14 Guatemala | 0.48 | 2023 | View data | ||
