Global Used Dirt Bike Market Size Likely to Expand at a CAGR of 9.89% By 2033

As per the current market research conducted by CMI Team, the global Used Dirt Bike Market size is expected to record a CAGR of 9.89% from 2024 to 2033. In 2024, the market size is projected to reach a valuation of USD 4.60 Billion. By 2033, the valuation is anticipated to reach USD 10.75 Billion.

Used Dirt Bike Market: Growth Factors and Dynamics

• Increasing Popularity of Off-Road Recreational Activities: The rising trend of off-road adventures and recreational activities is driving the demand for used dirt bikes. Enthusiasts are seeking affordable options to enjoy outdoor sports, leading to a surge in the market for pre-owned dirt bikes.

• Rising Disposable Incomes and Urbanization: The growth in disposable incomes, particularly in emerging markets, and the urbanization of populations are enabling more consumers to invest in leisure activities, including dirt biking. This economic shift is expanding the customer base for used dirt bikes.

• Technological Advancements: Continuous improvements in dirt bike technology, such as enhanced suspension systems, lightweight materials, and fuel-efficient engines, make newer models more attractive. As a result, owners often trade in their older models, creating a robust supply of quality used dirt bikes.

• Environmental Concerns and Shift to Electric Bikes: The increasing environmental awareness and the shift towards electric propulsion are influencing the market. Used electric dirt bikes are becoming popular among eco-conscious consumers looking for sustainable options without compromising on performance​.

• Growth in Youth Engagement: The rising interest in dirt biking among younger demographics is fueling market growth. Youth-oriented marketing and the availability of entry-level used bikes at affordable prices are making it easier for new riders to enter the sport.

• Expansion of Organized Off-Road Events: The expansion of organized motocross and off-road events is boosting the popularity of dirt biking. These events create a demand for performance bikes, including used models, as participants and hobbyists seek reliable and cost-effective options to participate in competitive sports​.

• Health and Wellness Trends: The growing recognition of the health benefits associated with outdoor activities, including dirt biking, is supporting market growth. Riding dirt bikes is seen as a fun way to stay fit and engage in physical activity, contributing to the demand for used bikes​.

• Increasing Online Marketplaces: The proliferation of online marketplaces for buying and selling used vehicles, including dirt bikes, is making it easier for consumers to find and purchase pre-owned models. These platforms offer a wide range of options, transparency, and convenience, driving market growth.

• Supportive Government Policies: In some regions, government policies and initiatives promoting outdoor sports and recreational activities are indirectly boosting the used dirt bike market. Such support helps to increase participation rates and the overall demand for dirt bikes.

Used Dirt Bike Market: New Product Launch

• In February 2024, Hero MotoCorp, a leading manufacturer in the two-wheeler industry, unveiled its new Vida electric dirt bike at the Bharat Mobility Expo. This innovative electric dirt bike is set to launch soon in India, reflecting Hero MotoCorp’s commitment to advancing electric mobility solutions. The Vida electric dirt bike aims to offer an eco-friendly alternative for off-road enthusiasts, combining performance with sustainability to cater to the growing demand for electric vehicles in the country.

• In November 2023, Kawasaki announced the launch of its 2024 KLX300R and KX85 dirt bikes in India, expanding its portfolio of off-road motorcycles in the country. The KLX300R, designed for off-road endurance and performance, features a 292cc liquid-cooled, four-stroke engine. The KX85, targeted at young riders and entry-level enthusiasts, is equipped with an 84cc single-cylinder, two-stroke engine. These launches aim to cater to the growing demand for high-performance off-road bikes in India, providing advanced features and robust designs to enhance the riding experience.

• In November 2023, Triumph launched its first modern motocross model, the TF 250 X, positioning it as a strong competitor against the KTM 250SF-X. The introduction of the TF 250 X marks Triumph’s entry into the motocross segment, showcasing advanced engineering and design aimed at delivering high performance on off-road tracks. This new model underscores Triumph’s commitment to expanding its product line and meeting the demands of motocross enthusiasts.

Report Scope

Used Dirt Bike Market: COVID-19 Analysis

The COVID-19 pandemic has significantly impacted the Used Dirt Bike Market, with the industry experiencing both positive and negative effects. Here are some of the key impacts:

• Disruption in International Trade and Businesses: The ongoing COVID-19 pandemic has disrupted international trade and businesses, significantly affecting the used dirt bike market. Governments have imposed restrictions on the transit of people and goods, leading to disruptions in supply chains and manufacturing processes, which have impacted the availability and distribution of used dirt bikes.

• Demand Fluctuations: The pandemic led to disruptions in various sectors, including outdoor recreation and sports events, which are major drivers of the used dirt bike market. Lockdown measures, supply chain disruptions, and reduced consumer spending resulted in a slowdown in the market. Many events and competitions were delayed or canceled due to uncertainties surrounding the pandemic, leading to reduced demand for used dirt bikes.

• Regulatory Framework and Market Restraints: The regulatory framework surrounding the sale and use of used dirt bikes has been influenced by the pandemic, with potential changes in safety standards and regulations affecting market operations. Economic uncertainties resulting from the pandemic have posed challenges such as high costs, technical limitations, and a lack of skilled workforce, restraining market growth.

• Operational Challenges: Implementing health and safety protocols in manufacturing and retail facilities added operational challenges and increased costs. Labor shortages and workforce disruptions, including illness-related absences and quarantine measures, affected production capacities and efficiency in the used dirt bike market.

• Adaptive Strategies and Focus on Innovation: Companies adopted remote work arrangements, digitalized sales and marketing efforts, and diversified supply chain sources to mitigate the pandemic’s impact. Some firms directed efforts towards innovating used dirt bikes, integrating advanced features like improved suspension systems and eco-friendly engines to cater to evolving consumer preferences.

• Technological Advancements: Ongoing advancements in dirt bike technology, such as improved fuel efficiency, electric propulsion systems, and enhanced connectivity, are opening doors to new applications and expanding the market potential for used dirt bikes. These innovations are aimed at improving user experience and operational efficiency.

• Automation Push: The pandemic highlighted the importance of automation in manufacturing and retail environments to minimize reliance on human labor. This could have led to a slight increase in demand for technologically advanced used dirt bikes that incorporate automated features and smart technologies.

• Focus on Sustainability: The market is also seeing a growing emphasis on sustainability, with manufacturers developing eco-friendly models that use less fuel and reduce emissions. This trend aligns with the increasing consumer awareness and demand for environmentally responsible products, influencing the used dirt bike market to adapt and innovate accordingly.

In conclusion, the COVID-19 pandemic has had a mixed impact on the Used Dirt Bike Market, with some challenges and opportunities arising from the pandemic.

List of the prominent players in the Used Dirt Bike Market:

• Yamaha Motor Corporation
• Honda Motor Co. Ltd.
• Kawasaki Heavy Industries Ltd.
• Suzuki Motor Corporation
• KTM AG
• Husqvarna Motorcycles GmbH
• BMW AG
• Beta Motorcycles
• Sherco
• GasGas Motorcycles
• TM Racing
• Bultaco Bikes
• Benelli
• Cobra MOTO
• Zero Motorcycles Inc.
• SSR Motorsports
• Piaggio & C. SpA
• Polini Motori
• Scorpa
• AJP Motos
• Others

The Used Dirt Bike Market is segmented as follows:

By Type

• Motocross
• Enduro
• Trail
• Others

By Propulsion Type

• Gasoline
• Electric

By Application

• Commercial
• Personal
• Industrial
• Others

By Price Range

• Low to Mid
• High

Regional Coverage:

North America

• U.S.
• Canada
• Mexico
• Rest of North America

Europe

• Germany
• France
• U.K.
• Russia
• Italy
• Spain
• Netherlands
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• New Zealand
• Australia
• South Korea
• Taiwan
• Rest of Asia Pacific

The Middle East & Africa

• Saudi Arabia
• UAE
• Egypt
• Kuwait
• South Africa
• Rest of the Middle East & Africa

Latin America

• Brazil
• Argentina
• Rest of Latin America