The market is dominated by domestic suppliers, as imports account for 24.1% of total market size in 2023. Households drive market demand, with household spending representing 48.3% of total demand in 2023. Canada has the third largest market size for motorcycles, bicycles and other transport equipment across the top 20 developed countries, with demand reaching USD10.8 billion in 2023. Raleigh Canada Ltd is the largest company in Canada, generating 0.8% of the industry’s total production value in 2023. The industry is fragmented, with the top four companies generating 1.3% of total production value in 2023. The total number of companies increases in 2023, to 1,374 units. The costs of the industry decrease by 4.2% in 2023, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 3.5% of production value in 2023, the 17th highest across the top 20 developed countries. The industry’s exports share increases in 2023 to 38.3% of total production output. With production value of USD11.6 billion, Canada accounts for 51.0% of the North America total in 2023.
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This Euromonitor industrial report provides unique information on Motorcycles, Bicycles and Other Transport Equipment in Canada: ISIC 359. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Motorcycles, Bicycles and Other Transport Equipment in Canada: ISIC 359 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of aircraft and spacecraft, motors vehicles, trailers and semi-trailers, motocycles, bicycles and other transport equipment, railway and tramway locomotives and rolling stock, and ships and boats.
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