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Commercial Motor Vehicle Insurance in Australia - Market Size (2008–2031)

ANZSIC OD5516 Last Updated: September 2024

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$4.2bn

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Commercial Motor Vehicle Insurance in Australia Market Size in 2024
8.9%

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 Commercial Motor Vehicle Insurance in Australia Market Size Growth in 2024
3.4%

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 Commercial Motor Vehicle Insurance in Australia Market Size CAGR 2019-2024

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 Commercial Motor Vehicle Insurance in Australia Market Size CAGR 2024-2029

Curious about what drives these trends? IBISWorld's Commercial Motor Vehicle Insurance in Australia Industry Report has got you covered.

Questions Clients Ask About This Industry

  • What was the market size of the Commercial Motor Vehicle Insurance in Australia in 2023?

    The market size of the Commercial Motor Vehicle Insurance in Australia was $3.9bn in 2023.

  • What was the growth rate of the Commercial Motor Vehicle Insurance in Australia in 2023?

    The market size of the Commercial Motor Vehicle Insurance in Australia decreased -4.4% in 2023.

  • What was the market size of the Commercial Motor Vehicle Insurance in Australia in 2024?

    The market size of the Commercial Motor Vehicle Insurance in Australia is $4.2bn in 2024.

  • What is the growth rate of the Commercial Motor Vehicle Insurance in Australia in 2024?

    The market size of the Commercial Motor Vehicle Insurance in Australia increased 8.9% in 2024.

  • Has the Commercial Motor Vehicle Insurance in Australia grown or declined over the past 5 years?

    The market size of the Commercial Motor Vehicle Insurance in Australia has declined at a -4.4% CAGR between 2018 and 2023.

  • Is the Commercial Motor Vehicle Insurance in Australia expected to grow or decline over the next five years?

    See our full analysis of the Commercial Motor Vehicle Insurance in Australia to understand if the industry market size is expected to grow or decline over the next five years.

  • Has the Commercial Motor Vehicle Insurance in Australia grown or declined over the past 5 years?

    The market size of the Commercial Motor Vehicle Insurance in Australia has grown at a 3.4% CAGR between 2019 and 2024.

  • Is the Commercial Motor Vehicle Insurance in Australia expected to grow or decline over the next five years?

    See our full analysis of the Commercial Motor Vehicle Insurance in Australia to understand if the industry market size is expected to grow or decline over the next five years.

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Commercial Motor Vehicle Insurance in Australia in Australia

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