Nigeria On road Motorcycles Market (2025-2031) | Value, Trends, Size & Revenue, Share, Industry, Growth, Outlook, Segmentation, Forecast, Analysis, Companies, Competitive Landscape
Market Forecast By Type (Sports Bikes, Cruiser Motorcycles, Touring Motorcycles, Standard Motorcycles) And Competitive Landscape
| Product Code: ETC8630956 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Nigeria On Road Motorcycles Market Top 5 Importing Countries and Market Competition (HHI) Analysis
Despite the high concentration of imports in Nigeria`s road motorcycles market, the top exporting countries in 2024 were India, China, Indonesia, USA, and Japan. However, the industry experienced a significant decline with a negative Compound Annual Growth Rate (CAGR) of -27.91% from 2020 to 2024. The growth rate in 2024 further decreased by -31.23% compared to the previous year, indicating challenges and a slowdown in the market. This trend suggests a need for strategic interventions to revitalize and stimulate growth in the road motorcycles sector in Nigeria.
Key Highlights of the Report:
- Nigeria On road Motorcycles Market Outlook
- Market Size of Nigeria On road Motorcycles Market, 2024
- Forecast of Nigeria On road Motorcycles Market, 2031
- Historical Data and Forecast of Nigeria On road Motorcycles Revenues & Volume for the Period 2021- 2031
- Nigeria On road Motorcycles Market Trend Evolution
- Nigeria On road Motorcycles Market Drivers and Challenges
- Nigeria On road Motorcycles Price Trends
- Nigeria On road Motorcycles Porter's Five Forces
- Nigeria On road Motorcycles Industry Life Cycle
- Historical Data and Forecast of Nigeria On road Motorcycles Market Revenues & Volume By Type for the Period 2021- 2031
- Historical Data and Forecast of Nigeria On road Motorcycles Market Revenues & Volume By Sports Bikes for the Period 2021- 2031
- Historical Data and Forecast of Nigeria On road Motorcycles Market Revenues & Volume By Cruiser Motorcycles for the Period 2021- 2031
- Historical Data and Forecast of Nigeria On road Motorcycles Market Revenues & Volume By Touring Motorcycles for the Period 2021- 2031
- Historical Data and Forecast of Nigeria On road Motorcycles Market Revenues & Volume By Standard Motorcycles for the Period 2021- 2031
- Nigeria On road Motorcycles Import Export Trade Statistics
- Market Opportunity Assessment By Type
- Nigeria On road Motorcycles Top Companies Market Share
- Nigeria On road Motorcycles Competitive Benchmarking By Technical and Operational Parameters
- Nigeria On road Motorcycles Company Profiles
- Nigeria On road Motorcycles Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Nigeria On road Motorcycles Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Nigeria On road Motorcycles Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Nigeria On road Motorcycles Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria On road Motorcycles Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria On road Motorcycles Market - Industry Life Cycle |
3.4 Nigeria On road Motorcycles Market - Porter's Five Forces |
3.5 Nigeria On road Motorcycles Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Nigeria On road Motorcycles Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing urbanization leading to higher demand for affordable and efficient transportation solutions. |
4.2.2 Growth of e-commerce and last-mile delivery services driving the need for reliable transportation options. |
4.2.3 Rising middle-class population with disposable income seeking personal mobility solutions. |
4.3 Market Restraints |
4.3.1 Poor road infrastructure and safety concerns impacting the adoption and usage of motorcycles. |
4.3.2 Regulatory challenges and lack of enforcement of traffic laws affecting the market growth. |
5 Nigeria On road Motorcycles Market Trends |
6 Nigeria On road Motorcycles Market, By Types |
6.1 Nigeria On road Motorcycles Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria On road Motorcycles Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Nigeria On road Motorcycles Market Revenues & Volume, By Sports Bikes, 2021- 2031F |
6.1.4 Nigeria On road Motorcycles Market Revenues & Volume, By Cruiser Motorcycles, 2021- 2031F |
6.1.5 Nigeria On road Motorcycles Market Revenues & Volume, By Touring Motorcycles, 2021- 2031F |
6.1.6 Nigeria On road Motorcycles Market Revenues & Volume, By Standard Motorcycles, 2021- 2031F |
7 Nigeria On road Motorcycles Market Import-Export Trade Statistics |
7.1 Nigeria On road Motorcycles Market Export to Major Countries |
7.2 Nigeria On road Motorcycles Market Imports from Major Countries |
8 Nigeria On road Motorcycles Market Key Performance Indicators |
8.1 Average daily commute time in major urban areas. |
8.2 Number of e-commerce platforms utilizing motorcycles for delivery services. |
8.3 Percentage of middle-class population with access to financing options for purchasing motorcycles. |
9 Nigeria On road Motorcycles Market - Opportunity Assessment |
9.1 Nigeria On road Motorcycles Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Nigeria On road Motorcycles Market - Competitive Landscape |
10.1 Nigeria On road Motorcycles Market Revenue Share, By Companies, 2024 |
10.2 Nigeria On road Motorcycles Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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