For example, did you know that the Indian motorcycle market has grown from about 1 million units in 1990 to about 11.5 million units in 2020? That’s an annual increase of 8%.
Not to mention the turnover. Because you know: as soon as GDP increases, customers buy higher-quality products.
The African motorcycle market does not yet turn over 11.5 million units a year. That makes sense. Africa is a generation behind India with roughly the same population. Current unit sales in Africa are equivalent to the motorcycle market in India in the mid-nineties.
However, Baier Motors believes that the African motorcycle market will grow faster in the next 25 years than the Indian motorcycle market has grown in the last 25 years.
Can you imagine to agree?
Let's talk about motorcycle markets.
