Market Forecast By Type (Adventure, Cruiser, Mopeds, Sports, Standard, Touring), By Engine Capacity (151-300 CC, 301-500 CC, 501-800 CC, 801-1000 CC, 1001-1600 CC, Above 1600 CC) And Competitive Landscape
Product Code: ETC040093 | Publication Date: Jan 2021 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Bangladesh Motorcycle Market is likely to experience consistent growth rate gains over the period 2025 to 2029. From 13.65% in 2025, the growth rate steadily ascends to 17.21% in 2029.
The Motorcycle market in Bangladesh is projected to grow at a high growth rate of 14.66% by 2027, highlighting the country's increasing focus on advanced technologies within the Asia region, where China holds the dominant position, followed closely by India, Japan, Australia and South Korea, shaping overall regional demand.
Report Name | Bangladesh Motorcycle Market |
Forecast period | 2025-2031 |
CAGR | 6% |
Growing Sector | Transport |
Bangladesh Motorcycle Market report thoroughly covers the market by type and engine capacity. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Bangladesh motorcycle market has experienced substantial growth over the past few years, driven by the increasing demand for affordable and efficient modes of personal transportation. With the country's burgeoning middle class, motorcycles have become a popular choice due to their cost-effectiveness, fuel efficiency, and the flexibility they offer in navigating the often-congested streets of urban and rural areas alike. Key global and local manufacturers are competing fiercely, introducing models that cater to a wide range of preferences, from basic commuters to more premium motorcycles. Government policies and import regulations also play a critical role in shaping the market dynamics, influencing both pricing and the availability of different brands and models.
According to 6Wresearch, the Bangladesh Motorcycle Market size is expected to grow at a significant CAGR of 6% during the forecast period 2025-2031. A number of important factors are driving the expansion of the motorbike market in Bangladesh. Economic progress and the associated rise in disposable incomes among Bangladeshis have expanded purchasing power, allowing more people to own motorcycles. Furthermore, the country's population growth and growing urbanisation have created an increased demand for efficient modes of transportation, with motorbikes emerging as a popular choice due to their affordability and cost-effectiveness when compared to cars. Furthermore, the constraints created by limited infrastructure and traffic congestion in Bangladeshi cities have increased the appeal of motorcycles as practical options for negotiating congested roadways. Motorcycles' agility and manoeuvrability make them ideal for commuting in urban areas, which contributes to their broad popularity.
The motorbike market in Bangladesh has encountered a number of problems that have hampered its growth trajectory. According to recent reports, skyrocketing unit prices, gasoline expenses, and inflation have caused a dramatic decline in the market, pushing it to multiyear lows following a period of record-breaking sales. The epidemic also contributed to the market's first decline in years. Despite significant investment in the industry, hurdles like as regulatory difficulties, competitive pressures, and infrastructure limits have slowed expansion. Addressing these difficulties is critical to revitalising Bangladesh's motorcycle sector. Initiatives centred on safety enhancements, environmental sustainability, regulatory clarity, skill development, and consumer involvement could help steer the industry back to growth.
Some of the prominent players in the Bangladesh motorcycle industry include Runner Automobiles Ltd., known for its diverse range of models and extensive distribution network, Walton Hi-Tech Industries Ltd., recognised for innovation and quality, Roadmaster Group focusing on reliability and performance, Bajaj Auto Bangladesh for high-quality products, Honda Bangladesh for superior engineering, Yamaha Motor Bangladesh for innovative designs, and Hero MotoCorp Bangladesh.
Registration and licencing laws require all motorbikes operating in Bangladesh to be registered with the proper authorities. This process includes getting legitimate car licences, which not only assures compliance with legal requirements but also serves as a tool for tracking ownership and accountability on the roads. By implementing registration and licencing requirements, the government hopes to improve road safety and regulate the country's rising motorcycle population. The government's safety standards are critical for ensuring the safety of cyclists and other road users. These standards cover a wide range of motorcycle design and functioning, including lighting systems, braking mechanisms, mirror positioning, and exhaust emissions.
In the future, the Bangladesh Motorcycle Market Growth is expected to see an increase in electric vehicle adoption, smart feature integration, the expansion of shared mobility services, an emphasis on safety and compliance, digital transformation, customisation, market consolidation, regulatory changes, and increased global market integration. These trends represent a change towards sustainability, innovation, safety, and customer-centricity, which is propelling the Bangladeshi motorbike sector forward. Stakeholders must adapt to these changes in order to capitalise on possibilities and remain competitive in today's dynamic economy.
According to Ravi Bhandari, Research Head, 6Wresearch, The Adventure sector is anticipated to see the most significant rise in the forecast period. Adventure motorcycles are becoming increasingly popular around the world, with riders seeking adaptability, comfort, and performance across a wide range of terrains. In Bangladesh, where different road conditions and scenic landscapes provide chances for adventure riding, demand for adventure motorcycles is likely to rise.
In Motorcycle market in Bangladesh, the 301-500 CC engine capacity segment is poised to experience significant growth due to its balanced performance, affordability, versatility for urban commuting and touring, alignment with the expanding middle-class segment, and manufacturers focusing on introducing models.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bangladesh Motorcycle Market Overview |
3.1 Bangladesh Country Macro Economic Indicators |
3.2 Bangladesh Motorcycle Market Revenues & Volume, 2021 & 2031F |
3.3 Bangladesh Motorcycle Market - Industry Life Cycle |
3.4 Bangladesh Motorcycle Market - Porter's Five Forces |
3.5 Bangladesh Motorcycle Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Bangladesh Motorcycle Market Revenues & Volume Share, By Engine Capacity, 2021 & 2031F |
4 Bangladesh Motorcycle Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Bangladesh Motorcycle Market Trends |
6 Bangladesh Motorcycle Market, By Types |
6.1 Bangladesh Motorcycle Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Bangladesh Motorcycle Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Bangladesh Motorcycle Market Revenues & Volume, By Adventure, 2021 - 2031F |
6.1.4 Bangladesh Motorcycle Market Revenues & Volume, By Cruiser, 2021 - 2031F |
6.1.5 Bangladesh Motorcycle Market Revenues & Volume, By Mopeds, 2021 - 2031F |
6.1.6 Bangladesh Motorcycle Market Revenues & Volume, By Sports, 2021 - 2031F |
6.1.7 Bangladesh Motorcycle Market Revenues & Volume, By Standard, 2021 - 2031F |
6.1.8 Bangladesh Motorcycle Market Revenues & Volume, By Touring, 2021 - 2031F |
6.2 Bangladesh Motorcycle Market, By Engine Capacity |
6.2.1 Overview and Analysis |
6.2.2 Bangladesh Motorcycle Market Revenues & Volume, By 151-300 CC, 2021 - 2031F |
6.2.3 Bangladesh Motorcycle Market Revenues & Volume, By 301-500 CC, 2021 - 2031F |
6.2.4 Bangladesh Motorcycle Market Revenues & Volume, By 501-800 CC, 2021 - 2031F |
6.2.5 Bangladesh Motorcycle Market Revenues & Volume, By 801-1000 CC, 2021 - 2031F |
6.2.6 Bangladesh Motorcycle Market Revenues & Volume, By 1001-1600 CC, 2021 - 2031F |
6.2.7 Bangladesh Motorcycle Market Revenues & Volume, By Above 1600 CC, 2021 - 2031F |
7 Bangladesh Motorcycle Market Import-Export Trade Statistics |
7.1 Bangladesh Motorcycle Market Export to Major Countries |
7.2 Bangladesh Motorcycle Market Imports from Major Countries |
8 Bangladesh Motorcycle Market Key Performance Indicators |
9 Bangladesh Motorcycle Market - Opportunity Assessment |
9.1 Bangladesh Motorcycle Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Bangladesh Motorcycle Market Opportunity Assessment, By Engine Capacity, 2021 & 2031F |
10 Bangladesh Motorcycle Market - Competitive Landscape |
10.1 Bangladesh Motorcycle Market Revenue Share, By Companies, 2024 |
10.2 Bangladesh Motorcycle Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |