Motorcycle ownership in the UK saw a slight decline over the past decade starting from 18.21 units per thousand persons in 2013 to 17.97 in 2023. The year 2023 experienced a year-on-year decrease of 0.29%. Over the last two years, ownership figures have dropped from 18.13 in 2020. The compound annual growth rate (CAGR) for the past five years is -0.24%. The forecast for 2028 indicates a further reduction, with a 5-year forecast CAGR of -0.24% and a total shrinkage of 1.21% over this period.
Future trends to watch for include the impact of environmentally friendly transportation policies, changes in urban mobility preferences, and potential innovations in electric motorcycle technology, which could influence ownership trends.
