From 2013 to 2023, the Motor Vehicles Safety Seat Belts market size value per capita in Barbados showed fluctuations with a notable decline in 2020 and stabilization at $0.22 in 2023. The market value per capita peaked in 2013 at $0.27, followed by a decline and stability, except for a drop in 2020. The year-on-year variation showed a decline in 2020 but steadied around 2022 and 2023. The compound annual growth rate (CAGR) over the last five years was negative due to the 2020 decrease.
Future trends to watch for include advancements in safety technology and regulations influencing seat belt adoption, potentially driving the market value upwards.
| # | 14 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 7.48 | 2023 | View data | ||
| 2 | 2 Belgium | 6.28 | 2023 | View data | ||
| 3 | 3 New Zealand | 2.22 | 2023 | View data | ||
| 4 | 4 Brazil | 1.74 | 2023 | View data | ||
| 5 | 5 China | 1.13 | 2023 | View data | ||
| 9 | 9 Chile | 0.39 | 2023 | View data | ||
| 10 | 10 Costa Rica | 0.28 | 2023 | View data | ||
| 11 | 11 Barbados | 0.22 | 2023 | |||
| 12 | 12 Cyprus | 0.18 | 2023 | View data | ||
| 13 | 13 Peru | 0.17 | 2023 | View data | ||
