The motorcycle rental market is experiencing significant growth, with an increasing number of tourists and commuters opting for two-wheelers for travel. Motorcycles offer convenience, flexibility, and cost-effectiveness, making them a popular choice. In recent years, electric motorcycles have gained traction due to their eco-friendliness and low operating costs. The global motorcycle rental market size is estimated to grow by USD 354.4 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 15.42% during the forecast period. Increase in road-trip tourism is driving market growth, with a trend towards rise in popularity of renting motorcycles through e-commerce. However, rise in on-demand taxi operators poses a challenge. The Motorcycle...
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