Market Analysis of Bikes in Bangladesh Throughout The Years
Market Analysis of Bikes in Bangladesh Throughout The Years
The number of registered motorcycles is increasing every year in Dhaka. The number
skyrocketed in the last one year and a half after ride-sharing services were introduced.
According to statistics provided by the Bangladesh Road Transport Authority (BRTA), the
number of registered motorcycles increased to 4,69,888 in April 2018 from 2,10,081 in 2010.
Around 75,251 motorcycles were registered with the BRTA in 2017, a year when different ride-
sharing companies, including Uber and Pathao introduced their bike services in the mega city.
Bangladesh Road Transport Authority (BRTA) data show the number of registered motorcycles
has doubled over the last eight years in the capital.
The number of registered motorcycles in Dhaka stood at 495,000 in July 2018, while it was only
210,000 in 2010. The number has risen significantly since 2017 when ride-sharing services,
including Uber and Pathao, were introduced.
Sales of bikes shot up 44 percent year-on-year to 3.87 lakh units in 2017 from a year ago. This
was the highest sales of bikes in a year, said Das of ACI Motors, a concern of ACI Ltd.
About 132,000 motorcycles were registered between 2017 and July 2018 in Dhaka.
Commuters have opted for ride-sharing services as they are available, consume less time and are
affordable. They help people avoid the mad scrambles at bus terminals, or coaxing autorickshaw
or rickshaw drivers. They are also a source of income for many people.
At least 12 companies, offering ride-sharing services, have entered the market in the last two
years. It is estimated that over 70,000 people – including bikers and pillion riders - are engaged
with the services.
However, transport sector experts, urban planners, and road safety campaigners say they fear that
the rising number of motorcycles will create disorder on the streets and worsen traffic
management.
Ride-sharing service Pathao now has nearly 30,000 registered riders and its services are available
in Dhaka, Chittagong, Sylhet, Gazipur and Narayanganj. On the other hand, OBHAI has more
than 20,000 registered riders in Dhaka and Chittagong, said Quazi Omar Ferdous, COO of
OBHAI.
Competitor description-
Studds Shifter- Price: 2599 BDT
Their helmets are cost effective and durable. Though its a low budgeted helmet but it looks
stunning and the outer shell is made from special high impact grade of engineering
thermoplastic. It gets aerodynamic design and helps to get better stability in high speed. This
helmet is also dust and scratch resists.
LS2 FF 35 4,000/-
LS2 FF 353 5,000/-
LS2 is another famous helmet brand and it is also available in Bangladesh. LS2 helmet also used
carbon fiber with double visor system. We see this technology in MotoGP and Formula 1. LS2
Breaker, Rookie, Strobe is available in Bangladesh. This helmet is able to guard your full face
and head.