Bike Market Share In Bangladesh
Hassan february 28 2016.
Bike market share in bangladesh. Motorcycle market situation in bangladesh 2016. Hello readers from couple of months the motorcycle market of bangladesh is doing something like stunning surprising. Honda cb hornet 160r abs. Since last year the regular distributors of different motorcycle brands rearranging their product line in competition with others.
Those mention bajaj motorcycles are great in the context of bangladesh. The annual market. The motorcycle market size stands at approximately 476 million as of 2017 in bangladesh. We expect that it would increase this year as the political situation is stable now.
In this small country motorcycle is very popular vehicle in both terms of daily life need and passion. It is good to mention another bajaj product named bajaj pulsar 150 which is the most respectful powerful top level popular standard bike. There are many two wheeler companies who import manufacture and assemble motorcycles in our country. Bike name engine cc price in bangladesh.
With an average growth rate of roughly 60 as of 2017 this trend is expected to carry through 2019 and into the foreseeable future. Motorcycles price in bangladesh 2020 isn t over all reduce comparing the previous years. Motorbike market size in bangladesh is about 500 000 bikes. Motorbike market to race faster in 2019.
The market leader in bangladesh. Bangladesh two wheeler market by vehicle type motorcycle scooter moped by engine capacity up to 125cc 126 250cc 250 500cc and above 500cc by company and by geography forecast opportunities 2025. So it is clear that bajaj is the leader of bangladesh. Honda cb hornet 160r cbs.
Hassan march 25 2016. Rahman s company uttara group assembles the bajaj motorcycles in the country while the state owned atlas bangladesh ltd does the hero honda brand which has a 16 percent market share. Said about 4 80 lakh units of bikes were sold in 2018 posting 24 percent year on year growth. Though the quantity of motorcycle is increased rapidly in last few years.
Top five motorcycle brand in bangladesh. As a result bajaj hold almost 70 motorcycle market share in bangladesh. Considering the small piece of land you may say the motorcycle market is small here. Although a host of models are available the 100cc and 150cc ones which cost between tk 1 20 lakh and tk 2 lakh are the most popular.
Now motorcycle market is one of the fastest growing market in bangladesh.
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