The per capita market size of motor vehicle bumpers and parts in Japan showed fluctuating trends from 2013 to 2023. In 2023, this value was $12.76, showing a growth from 2022's $12.82 and 2021's $12.24, indicating a slight recovery post-2020, which saw a notable dip during the pandemic hitting $10.75. Over the last five years, the compound annual growth rate (CAGR) displayed a moderate growth trajectory as the market recalibrated post-2016 high.
Future trends to watch include potential volatility from supply chain challenges and innovations in bumper materials and design focusing on sustainability and lightweight solutions, essential for electric vehicle efficiency. Additionally, regulatory changes and advancements in automotive safety technology may drive market shifts.
| # | 34 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Canada | 50.6 | 2023 | View data | ||
| 2 | 2 Austria | 35.45 | 2023 | View data | ||
| 3 | 3 Australia | 32.71 | 2023 | View data | ||
| 4 | 4 Germany | 32.38 | 2023 | View data | ||
| 5 | 5 Norway | 29.95 | 2023 | View data | ||
| 16 | 16 Estonia | 14.19 | 2023 | View data | ||
| 17 | 17 Denmark | 13.46 | 2023 | View data | ||
| 18 | 18 Japan | 12.76 | 2023 | |||
| 19 | 19 Israel | 9.61 | 2023 | View data | ||
| 20 | 20 Poland | 9.3 | 2023 | View data | ||
