Between 2022 and 2032, the Japanese aftermarket for two-wheeler accessories is expected to grow by over $1.3 billion, representing a 7% CAGR!

As you can see, Thailand is leading this increase, followed by Vietnam and Indonesia, which together account for about 50% of its volume output.
According to Future Market Insights, the two wheeler accessories aftermarket is anticipated to expand at a rate of 8.6% CAGR from 2022 to 2032. The two-wheeler accessory market is predicted to reach a market worth of US$ 41.07 billion by 2032.
These days, it’s hard to envision a world without motorcycles, and almost every household possesses at least one. The growing popularity of motorcycles and motorbikes has undoubtedly protected the auto industry while also helping the aftermarket for accessories for two-wheelers. Interest in bike frills has grown because owning a bike isn’t enough; they need immaculate maintenance, including the removal of defective parts.

Source: Prnewswire