Between 2013 and 2023, motorcycle ownership in Italy experienced a steady increase from 107.61 to 123.19 units per thousand persons. There were minor declines in 2013 and 2014, but from 2015 onwards, the value consistently rose, highlighting a growing trend in motorcycle ownership. The year-on-year variations show a generally upward trajectory, although the rate of increase has stabilised to around 1.42% in 2023. Over the past five years, the compound annual growth rate (CAGR) averaged to approximately 1.88%.
Looking ahead, the forecasted data from 2024 to 2028 suggest a continuation of this upward trend, albeit at a slower pace with a five-year CAGR of 0.85%, anticipated to reach 130.19 units per thousand persons by 2028. This reflects a forecasted growth rate of 4.33% over the period.
Future trends to watch for:
- Potential economic and regulatory changes influencing motorcycle affordability and ownership.
- Evolving consumer preferences towards electric motorcycles and sustainable mobility solutions.
- Impact of technological advancements such as smart connectivity features and AI-driven safety enhancements.
- Urbanisation trends and associated shifts in transportation demands.
