Consumers have shied away from purchasing new motorcycles as cost-of-living pressures erode disposable incomes. The COVID-19 pandemic's disruptions to global supply chains have lengthened the backlog of international motorcycle orders, dissuading potential buyers. The Russia-Ukraine conflict has exacerbated inflationary pressures. These trends have dealt a harsh blow to profit margins as the number of motorcycle registrations has dwindled in recent years.Skidding: Cost-of-living pressures are reducing the number of new motorcycles and insurers' revenue
Industry insurers underwrite (i.e. assume the risk and assign premiums for) motorcycle insurance policies. Motorcycle insurance provides financial protection against physical damage to the vehicle and bodily injury resulting from traffic collisions, as well as any resulting liability.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
ABOUT THIS INDUSTRY- Industry Definition
- Main Activities
- Similar Industries
- Additional Resources
INDUSTRY PERFORMANCE
- Executive Summary
- Key External Drivers
- Current Performance
- Industry Outlook
- Industry Life Cycle
- Supply Chain
- Products & Services
- Demand Determinants
- Major Markets
- International Trade
- Business Locations
- Market Share Concentration
- Key Success Factors
- Cost Structure Benchmarks
- Basis of Competition
- Barriers to Entry
- Industry Globalization
OPERATING CONDITIONS
- Capital Intensity
- Technology & Systems
- Revenue Volatility
- Regulation & Policy
- Industry Assistance
- Industry Data
- Annual Change
- Key Ratios
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Suncorp Group Limited
- Insurance Australia Group Limited
- QBE Insurance Group Limited
Methodology
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