Key regions: Nigeria, United States, Spain, Vietnam, Indonesia
The On-road Motorcycles market in Poland is experiencing steady growth due to several factors.
Customer preferences: Customers in Poland have shown a strong preference for on-road motorcycles, which has contributed to the growth of the market. On-road motorcycles are popular among both urban and rural residents, as they provide a convenient and efficient mode of transportation. Additionally, on-road motorcycles are often more affordable than cars, making them an attractive option for budget-conscious consumers.
Trends in the market: One of the key trends in the on-road motorcycles market in Poland is the increasing demand for electric motorcycles. As environmental concerns continue to rise, more consumers are looking for eco-friendly transportation options. Electric motorcycles offer a clean and sustainable alternative to traditional gasoline-powered bikes. The government of Poland has also introduced incentives and subsidies to promote the adoption of electric vehicles, including motorcycles, which has further fueled the demand for electric motorcycles in the country. Another trend in the market is the growing popularity of sport and performance motorcycles. Polish consumers are increasingly interested in motorcycles that offer high speed and powerful performance. This trend can be attributed to the rising popularity of motorcycle racing events and the influence of international motorcycle brands.
Local special circumstances: One of the unique aspects of the on-road motorcycles market in Poland is the country's diverse landscape. Poland offers a variety of terrains, including mountains, forests, and coastal areas, which makes it an attractive destination for motorcycle enthusiasts. This diverse landscape has contributed to the popularity of off-road motorcycles, as riders seek to explore and experience the natural beauty of the country.
Underlying macroeconomic factors: The growth of the on-road motorcycles market in Poland can also be attributed to the country's improving economy. As the economy continues to strengthen, consumers have more disposable income to spend on leisure activities, including purchasing motorcycles. Additionally, low interest rates and favorable financing options have made it easier for consumers to afford motorcycles. In conclusion, the on-road motorcycles market in Poland is experiencing growth due to customer preferences for affordable and convenient transportation, as well as the increasing demand for electric and sport motorcycles. The diverse landscape of the country and the improving economy are also contributing factors to the market's development.
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.
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