The used motorcycle market in Japan for 2024 is showing a diverse and active landscape. Here, we outline the current state and future outlook of the market.
Market Trends
The Japanese motorcycle market saw a decline of approximately 8.9% in the first half of 2024 compared to the previous year. Specifically, scooter sales have decreased by 13.2%, indicating an overall downward trend in the market.
Manufacturer Trends
Among the major domestic manufacturers, Honda experienced a decline of 10.9%, Suzuki 9.1%, and Yamaha 14.1%. In contrast, Kawasaki saw an impressive increase of 20.7%. Triumph and KTM also showed growth, with increases of 7.8% and 8.2%, respectively, indicating growth in specific brands.
Overview of the Used Motorcycle Market
- Key Players: The Japanese used motorcycle market is dominated by major domestic manufacturers such as Honda, Suzuki, Yamaha, and Kawasaki. Small engine motorcycles, particularly those under 50cc, are predominant.
- Market Size: As of 2023, approximately 10.31 million motorcycles are in use in Japan, showing a decline from the 11.82 million in use ten years ago.
Used Motorcycle Sales
- Online Platforms: High-quality used motorcycles are sold on platforms like GooBike, offering a variety of brands and models.
- Advantages of Buying Used: Used motorcycles are generally more affordable than new ones, making them an attractive option for many motorcycle enthusiasts.
Conclusion
The Japanese used motorcycle market continues to cater to a wide range of demands, with high interest in specific brands and models. Major manufacturers are adapting to market changes by introducing new models. When considering a purchase, utilizing online platforms and staying updated on market trends is crucial.
Given these market dynamics, Forwarding Service Japan is committed to providing high-quality used motorcycles to our customers, leveraging the latest market information to offer the best options. If you are interested, please take advantage of our services.
