Indonesia motorcycles and transport equpment market forecast to expand by 10% CAGR during 2013 to 2018
Motorcycles, Bicycles and Other Transport Equipment in Indonesia: ISIC 359 - a new market research report on companiesandmarkets.com
PR-Inside.com: 2014-04-01 08:04:02
Over 2007-2012 market sees 12% CAGR, consistent with growth of consumers´ disposable income. Motorcycles alone correspond to 98% of total market share. Due to strong domestic demand Indonesia is a net importer and the largest market for motorcycles in ASEAN, whilst keeping exports insignificant.
Turnover expected to continue to rise over 2013-2018 at CAGR of 10%, although a risk posed by financing regulations and concerns regarding road safety must be considered.
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