The New Zealand Motorcycle Parts and Accessories market has demonstrated a steady upward trajectory over the past decade. From 2013 to 2023, the market witnessed a growth from 45.183 million USD to 66.684 million USD, showcasing consistent expansion except for a slight dip in 2015. Although the year-on-year growth over the last two years was 3.33% and 3.19%, the market has maintained a compound annual growth rate (CAGR) of 3.39% over the last five years, illustrating a stable long-term growth pattern.
Future trends to watch:
- Continued innovation and demand for high-quality accessories will drive market growth.
- Electric motorcycles' rise may spur demand for specialized electronic parts and accessories.
- Environmental concerns could enhance the focus on sustainable and eco-friendly products.
- Digital transformation may create new opportunities for tech-integrated accessories and online sales channels.
| # | 12 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 1,287,300,000 | 2023 | +0.27% | +0.65% | View data |
| 2 | 2 United Kingdom | 676,960,000 | 2023 | +1.24% | -1.68% | View data |
| 3 | 3 Switzerland | 185,990,000 | 2023 | -0.49% | +1.92% | View data |
| 4 | 4 Sweden | 93,108,000 | 2023 | -0.75% | +0.021% | View data |
| 5 | 5 New Zealand | 66,684,000 | 2023 | +3.19% | +3.39% | |
| 6 | 6 Norway | 62,856,000 | 2023 | -0.7% | -1.14% | View data |
| 7 | 7 Finland | 49,175,000 | 2023 | +3% | +1.79% | View data |