The Motor Vehicles Safety Seat Belts market in Greece experienced a continuous decline from 2013 to 2023, where per capita expenditure decreased from $0.86 to $0.48. In the past two years, the market saw year-on-year decreases of 3.9% from 2021 to 2022, and 4% from 2022 to 2023. The compounded annual growth rate (CAGR) over the last five years was approximately -2.7%, indicating a consistent downward trend in per capita spending on safety seat belts.
Looking ahead, the market may stabilize or potentially grow with increased enforcement of traffic safety laws, the adoption of new automotive technologies, and a rising consumer focus on safety. Future trends to watch include regulatory changes, technological innovations, and consumer education initiatives that could positively impact market dynamics.
| # | 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 | ||
| 6 | 6 Norway | 0.86 | 2023 | View data | ||
| 7 | 7 Uruguay | 0.77 | 2023 | View data | ||
| 8 | 8 Greece | 0.48 | 2023 | |||
| 9 | 9 Chile | 0.39 | 2023 | View data | ||
| 10 | 10 Costa Rica | 0.28 | 2023 | View data | ||
