According to recent industry analysis from Market Research Future, the Canada motorcycles market is experiencing steady growth, reflecting the nation's enduring passion for two-wheeled transportation. Understanding the Canada motorcycles market size is essential for manufacturers, dealers, and enthusiasts alike, providing a snapshot of the industry's economic impact and future potential. The market, valued at $2.66 billion in 2024, is projected to grow to $3.6 billion by 2035, at a CAGR of 2.79% .
The overall Canadian market for motorcycles and related equipment is significantly larger when including broader categories. The Canadian motorcycles market, encompassing all on- and off-road motorcycles including scooters and mopeds, recorded revenues of $6.55 billion in 2024 . Market consumption volume reached 830,000 units in the same year . The broader transport equipment sector, which includes motorcycles, bicycles, and other transport equipment, saw demand reach $9.2 billion in 2024 . This makes Canada the third-largest market for motorcycles, bicycles, and other transport equipment across the top 20 developed countries .
The industry’s growth is supported by several economic and demographic factors. Rising disposable income and wages have boosted motorcycle purchasing, resulting in increased vehicle registrations and a shift from public transport to personal mobility . Canada has the third largest market size for motorcycles, bicycles and other transport equipment across the top 20 developed countries . The market is dominated by domestic suppliers, as imports account for 22.6% of total market size in 2024 . Households drive market demand, with household spending representing 51.1% of total demand in 2024 .
The market outlook remains positive, with manufacturers focusing on innovation and expanding their product lines to cater to evolving consumer preferences. The market is characterized by a diverse range of offerings, from commuter scooters to high-performance sport bikes and adventure touring motorcycles . The Canada motorcycles market continues to show resilience and growth potential in the Canadian economy.
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