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Motorcycle, Bike & Parts Manufacturing in Canada: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Motorcycle, Bike & Parts Manufacturing in Canada Market Research Report | NAICS 33699aCA | Jan 2016

Bumpy ride: Shrinking key markets will put the brakes on industry revenue growth

IBISWorld’s Motorcycle, Bike & Parts Manufacturing market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$963m
Annual Growth 11-16
-1.3%
Annual Growth 16-21
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Profit
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Employment
1,507
Businesses
104
Industry Analysis & Industry Trends

The Motorcycle, Bikes and Parts Manufacturing industry has struggled in the five years to 2016. Because the bulk of industry revenue is derived from motorcycle sales, the industry relies primarily on demand from baby-boomer males, a demographic that is reaching retirement age. As a result of lifestyle changes, this consumer group's demand for motorcycles has diminished, precipitating weak sales over the past five years. Industry manufacturers will likely invest heavily in targeting new customer groups, such as women and millennials, over the next five years. However, the global motorcycle industry will remain highly competitive, with rising East Asian competitors joining the ranks of dominant international operators... purchase to read more

Industry Report - Industry Analysis Chapter

The Motorcycle, Bikes and Parts Manufacturing industry has faced flattening sales in the five years to 2016. Broadly, demand for industry products is dependent on disposable income, which determines households’ capacities to spend on discretionary goods such as motorcycles and bikes. Because industry trade volume is high, the effective exchange rate of the Canadian dollar also influences industry performance. Perhaps the most significant factor impacting industry performance is demand from the baby-boomer generation, defined as the segment of the population born between 1946 and 1964. Not only is the motorcycle culture embedded within individuals of this age bracket, these consumers also have the greatest purchasing power in the general population... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Motorcycle, Bike & Parts Manufacturing Industry?

This industry manufactures motorcycles, mopeds, scooters, bicycles or tricycles. It also includes businesses that manufacture equipment and parts for these vehicles.

Industry Products
Heavyweight motorcycles and partsNon-heavyweight motorcycles and related partsBicycles and parts
 
Industry Activities
Manufacturing bicycles and bicycle partsManufacturing motorcycles and parts Manufacturing scootersManufacturing mopeds


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