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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 offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

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 12-17
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Annual Growth 17-22
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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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