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Motorcycle Insurance in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Motorcycle Insurance Market Research Report | Advisory & Financial Services | Specialist Insurance Lines | 2016

The fast track: Increasing motorcycle numbers have benefited industry growth

IBISWorld’s Motorcycle Insurance market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
IAG IAG market share
QBE Insurance Group QBE Insurance Group market share
Suncorp Group Suncorp Group market share
Industry Statistics & Market Size
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Annual Growth 11-16
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Annual Growth 16-21
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What is the Motorcycle Insurance industry?

The Motorcycle Insurance industry is currently in the mature stage of its life cycle. Industry value added, which measures the industry’s contribution to the economy, is forecast to grow at an annualised 0.7% over the 10 years through 2021-22. This represents an underperformance of overall GDP, which is projected to rise at an annualised 2.6% over the same period. This indicates the industry’s contribution to the economy is shrinking.

Despite the number of motorcyclists increasing and demand for insurance products growing, competition is also rising, pushing the industry into a mature phase. However, developments in online and mobile platforms are generating growth as many large insurers partner with aggregator and sales websites to issue insurance... purchase to read more


Industry ProductsRelated ReportsTable of Contents
Major products in this industry
Comprehensive insuranceThird-party insuranceCompulsory third-party insurance
Examples of brands in this Industry
InsureMyRide, Just Car, Bingle, AAMISGIO, NRMA, SwannRACQ

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