Off-road Motorcycles - Mauritius

Mauritius

Highlights

The projected revenue for the Off-road Motorcycles market segment in Mauritius is expected to reach US$473.80k in 2024.
This market is expected to experience an annual growth rate (CAGR 2024-2029) of 1.44%, leading to a projected market volume of US$509.10k by 2029.
In 2029, unit sales in the Off-road Motorcycles market segment are expected to reach 113.00motorcyles.
The volume weighted average price of Off-road Motorcycles market in Mauritius is projected to be US$4.47k in 2024.
When looking at the international landscape, it is evident that Brazil will generate the highest revenue with US$1.36bn in 2024.
Mauritius has seen a surge in off-road motorcycle sales due to its diverse and challenging terrain, making it a popular destination for enthusiasts.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Off-road Motorcycles market in Mauritius has been experiencing significant growth in recent years.

Customer preferences: Customers in Mauritius have shown a growing interest in off-road motorcycles due to their versatility and ability to navigate through rough terrains. Off-road motorcycles are popular among adventure seekers and outdoor enthusiasts who enjoy off-roading and exploring the island's diverse landscape. Additionally, off-road motorcycles are also favored by farmers and agricultural workers for their utility in traversing rural areas and transporting goods.

Trends in the market: One of the key trends in the Off-road Motorcycles market in Mauritius is the increasing demand for electric off-road motorcycles. As sustainability and environmental consciousness become more important to consumers worldwide, Mauritius is no exception. The shift towards electric off-road motorcycles is driven by the desire to reduce carbon emissions and dependence on fossil fuels. Electric off-road motorcycles offer a quieter and cleaner alternative to traditional gasoline-powered bikes, making them an attractive option for environmentally conscious riders. Another trend in the market is the rising popularity of off-road motorcycle tours and rentals. With Mauritius being a popular tourist destination, many visitors are looking for unique experiences and adventures. Off-road motorcycle tours provide an exciting way to explore the island's natural beauty and off-the-beaten-path locations. This trend has led to the establishment of several tour operators and rental services catering to both locals and tourists.

Local special circumstances: Mauritius's unique geography and diverse terrain contribute to the growing demand for off-road motorcycles. The island is known for its volcanic mountains, dense forests, and sandy beaches, providing ample opportunities for off-road riding. The popularity of off-road motorcycles is also fueled by the presence of off-road tracks and trails, which attract both professional riders and amateurs looking for adrenaline-pumping experiences.

Underlying macroeconomic factors: The growth of the Off-road Motorcycles market in Mauritius can be attributed to several macroeconomic factors. Firstly, the country's stable economic growth and rising disposable incomes have increased the purchasing power of consumers. As a result, more individuals are able to afford off-road motorcycles and engage in recreational activities. Additionally, the government's efforts to promote tourism and adventure sports have contributed to the market's development. Mauritius has been actively marketing itself as a destination for adventure tourism, and off-road motorcycle riding plays a significant role in attracting thrill-seekers and outdoor enthusiasts. The government's support for infrastructure development, such as the construction of off-road tracks and the improvement of existing trails, further enhances the off-road motorcycle market's growth potential. In conclusion, the Off-road Motorcycles market in Mauritius is experiencing growth due to customer preferences for versatile and adventurous vehicles, the increasing popularity of electric motorcycles, the rise of off-road motorcycle tours and rentals, the unique local circumstances, and the underlying macroeconomic factors. As the market continues to evolve, it presents opportunities for both local businesses and international manufacturers to cater to the growing demand for off-road motorcycles in Mauritius.

Data coverage:

Data encompasses B2C enterprises. Figures are based on motorcycle sales and revenue excluding scooters/mopeds under 50cc category.

Modeling approach / Market size:

Market sizes are determined by a Bottom-Up approach, based on a specific rationale for each market segment. As a basis for evaluating markets, we use manufacturer websites, national statistics offices, motorcycle associations, motorcycles sales websites. Next we use relevant key market indicators and data from country-specific associations such as GDP per capita, consumer price index, consumer spending, and population. This data helps us to estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, the forecasting is done on a make level for Motorcycles, using a mix of standard approaches, e.g., exponential smoothing, and uses parameters which best fit the historical data. The main drivers are GDP per capita, consumer price index, consumer spending, and population.

Additional Notes:

The market is updated once a year.