Used Car Market
Used Car Market - Global Industry Assessment & Forecast
Segments Covered
- By Vehicle Type Hybrid, Conventional, Electric
- By Vendor Type Organized, Unorganized
- By Fuel Type Petrol, Diesel, Other Fuel Types
- By Size Compact, Mid-size, SUVs
- By Sales Channel Online, Offline
- By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 1654.8 Billion |
Revenue 2030: | USD 2759.3 Billion |
Revenue CAGR (2023 - 2030): | 6.6% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | Asia Pacific |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Used Car Market Segment Analysis
- Used Car Vehicle Type Outlook (Revenue, USD Million, 2018 - 2030)
- Hybrid
- Conventional
- Electric
- Used Car Vendor Type Outlook (Revenue, USD Million, 2018 - 2030)
- Organized
- Unorganized
- Used Car Fuel Type Outlook (Revenue, USD Million, 2018 - 2030)
- Petrol
- Diesel
- Other Fuel Types
- Used Car Size Outlook (Revenue, USD Million, 2018 - 2030)
- Compact
- Mid-size
- SUVs
- Used Car Sales Channel Outlook (Revenue, USD Million, 2018 - 2030)
- Online
- Offline
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Used Car Market, by Vehicle Type
- Hybrid
- Conventional
- Electric
-
North America Used Car Market, by Vendor Type
- Organized
- Unorganized
-
North America Used Car Market, by Fuel Type
- Petrol
- Diesel
- Other Fuel Types
-
North America Used Car Market, by Size
- Compact
- Mid-size
- SUVs
-
North America Used Car Market, by Sales Channel
- Online
- Offline
- U.S.
- U.S. Used Car Market, by Vehicle Type
- Hybrid
- Conventional
- Electric
- U.S. Used Car Market, by Vendor Type
- Organized
- Unorganized
- U.S. Used Car Market, by Fuel Type
- Petrol
- Diesel
- Other Fuel Types
- U.S. Used Car Market, by Size
- Compact
- Mid-size
- SUVs
- U.S. Used Car Market, by Sales Channel
- Online
- Offline
- U.S. Used Car Market, by Vehicle Type
- Canada
- Canada Used Car Market, by Vehicle Type
- Hybrid
- Conventional
- Electric
- Canada Used Car Market, by Vendor Type
- Organized
- Unorganized
- Canada Used Car Market, by Fuel Type
- Petrol
- Diesel
- Other Fuel Types
- Canada Used Car Market, by Size
- Compact
- Mid-size
- SUVs
- Canada Used Car Market, by Sales Channel
- Online
- Offline
- Canada Used Car Market, by Vehicle Type
-
Mexico
- Mexico Used Car Market, by Vehicle Type
- Hybrid
- Conventional
- Electric
- Mexico Used Car Market, by Vendor Type
- Organized
- Unorganized
- Mexico Used Car Market, by Fuel Type
- Petrol
- Diesel
- Other Fuel Types
- Mexico Used Car Market, by Size
- Compact
- Mid-size
- SUVs
- Mexico Used Car Market, by Sales Channel
- Online
- Offline
- Mexico Used Car Market, by Vehicle Type
-
North America Used Car Market, by Vehicle Type
- Europe
-
Europe Used Car Market, by Vehicle Type
- Hybrid
- Conventional
- Electric
-
Europe Used Car Market, by Vendor Type
- Organized
- Unorganized
-
Europe Used Car Market, by Fuel Type
- Petrol
- Diesel
- Other Fuel Types
-
Europe Used Car Market, by Size
- Compact
- Mid-size
- SUVs
-
Europe Used Car Market, by Sales Channel
- Online
- Offline
- U. K.
- U.K. Used Car Market, by Vehicle Type
- Hybrid
- Conventional
- Electric
- U.K. Used Car Market, by Vendor Type
- Organized
- Unorganized
- U.K. Used Car Market, by Fuel Type
- Petrol
- Diesel
- Other Fuel Types
- U.K. Used Car Market, by Size
- Compact
- Mid-size
- SUVs
- U.K. Used Car Market, by Sales Channel
- Online
- Offline
- U.K. Used Car Market, by Vehicle Type
- France
- France Used Car Market, by Vehicle Type
- Hybrid
- Conventional
- Electric
- France Used Car Market, by Vendor Type
- Organized
- Unorganized
- France Used Car Market, by Fuel Type
- Petrol
- Diesel
- Other Fuel Types
- France Used Car Market, by Size
- Compact
- Mid-size
- SUVs
- France Used Car Market, by Sales Channel
- Online
- Offline
- France Used Car Market, by Vehicle Type
-
Germany
- Germany Used Car Market, by Vehicle Type
- Hybrid
- Conventional
- Electric
- Germany Used Car Market, by Vendor Type
- Organized
- Unorganized
- Germany Used Car Market, by Fuel Type
- Petrol
- Diesel
- Other Fuel Types
- Germany Used Car Market, by Size
- Compact
- Mid-size
- SUVs
- Germany Used Car Market, by Sales Channel
- Online
- Offline
- Germany Used Car Market, by Vehicle Type
-
Italy
- Italy Used Car Market, by Vehicle Type
- Hybrid
- Conventional
- Electric
- Italy Used Car Market, by Vendor Type
- Organized
- Unorganized
- Italy Used Car Market, by Fuel Type
- Petrol
- Diesel
- Other Fuel Types
- Italy Used Car Market, by Size
- Compact
- Mid-size
- SUVs
- Italy Used Car Market, by Sales Channel
- Online
- Offline
- Italy Used Car Market, by Vehicle Type
-
Spain
- Spain Used Car Market, by Vehicle Type
- Hybrid
- Conventional
- Electric
- Spain Used Car Market, by Vendor Type
- Organized
- Unorganized
- Spain Used Car Market, by Fuel Type
- Petrol
- Diesel
- Other Fuel Types
- Spain Used Car Market, by Size
- Compact
- Mid-size
- SUVs
- Spain Used Car Market, by Sales Channel
- Online
- Offline
- Spain Used Car Market, by Vehicle Type
-
Rest of Europe
- Rest of Europe Used Car Market, by Vehicle Type
- Hybrid
- Conventional
- Electric
- Rest of Europe Used Car Market, by Vendor Type
- Organized
- Unorganized
- Rest of Europe Used Car Market, by Fuel Type
- Petrol
- Diesel
- Other Fuel Types
- Rest of Europe Used Car Market, by Size
- Compact
- Mid-size
- SUVs
- Rest of Europe Used Car Market, by Sales Channel
- Online
- Offline
- Rest of Europe Used Car Market, by Vehicle Type
-
Europe Used Car Market, by Vehicle Type
- Asia Pacific
-
Asia Pacific Used Car Market, by Vehicle Type
- Hybrid
- Conventional
- Electric
-
Asia Pacific Used Car Market, by Vendor Type
- Organized
- Unorganized
-
Asia Pacific Used Car Market, by Fuel Type
- Petrol
- Diesel
- Other Fuel Types
-
Asia Pacific Used Car Market, by Size
- Compact
- Mid-size
- SUVs
-
Asia Pacific Used Car Market, by Sales Channel
- Online
- Offline
- China
- China Used Car Market, by Vehicle Type
- Hybrid
- Conventional
- Electric
- China Used Car Market, by Vendor Type
- Organized
- Unorganized
- China Used Car Market, by Fuel Type
- Petrol
- Diesel
- Other Fuel Types
- China Used Car Market, by Size
- Compact
- Mid-size
- SUVs
- China Used Car Market, by Sales Channel
- Online
- Offline
- China Used Car Market, by Vehicle Type
- Japan
- Japan Used Car Market, by Vehicle Type
- Hybrid
- Conventional
- Electric
- Japan Used Car Market, by Vendor Type
- Organized
- Unorganized
- Japan Used Car Market, by Fuel Type
- Petrol
- Diesel
- Other Fuel Types
- Japan Used Car Market, by Size
- Compact
- Mid-size
- SUVs
- Japan Used Car Market, by Sales Channel
- Online
- Offline
- Japan Used Car Market, by Vehicle Type
-
Germany
- Germany Used Car Market, by Vehicle Type
- Hybrid
- Conventional
- Electric
- Germany Used Car Market, by Vendor Type
- Organized
- Unorganized
- Germany Used Car Market, by Fuel Type
- Petrol
- Diesel
- Other Fuel Types
- Germany Used Car Market, by Size
- Compact
- Mid-size
- SUVs
- Germany Used Car Market, by Sales Channel
- Online
- Offline
- Germany Used Car Market, by Vehicle Type
-
India
- India Used Car Market, by Vehicle Type
- Hybrid
- Conventional
- Electric
- India Used Car Market, by Vendor Type
- Organized
- Unorganized
- India Used Car Market, by Fuel Type
- Petrol
- Diesel
- Other Fuel Types
- India Used Car Market, by Size
- Compact
- Mid-size
- SUVs
- India Used Car Market, by Sales Channel
- Online
- Offline
- India Used Car Market, by Vehicle Type
-
South Korea
- South Korea Used Car Market, by Vehicle Type
- Hybrid
- Conventional
- Electric
- South Korea Used Car Market, by Vendor Type
- Organized
- Unorganized
- South Korea Used Car Market, by Fuel Type
- Petrol
- Diesel
- Other Fuel Types
- South Korea Used Car Market, by Size
- Compact
- Mid-size
- SUVs
- South Korea Used Car Market, by Sales Channel
- Online
- Offline
- South Korea Used Car Market, by Vehicle Type
-
South East Asia
- South East Asia Used Car Market, by Vehicle Type
- Hybrid
- Conventional
- Electric
- South East Asia Used Car Market, by Vendor Type
- Organized
- Unorganized
- South East Asia Used Car Market, by Fuel Type
- Petrol
- Diesel
- Other Fuel Types
- South East Asia Used Car Market, by Size
- Compact
- Mid-size
- SUVs
- South East Asia Used Car Market, by Sales Channel
- Online
- Offline
- South East Asia Used Car Market, by Vehicle Type
-
Rest of Asia Pacific
- Rest of Asia Pacific Used Car Market, by Vehicle Type
- Hybrid
- Conventional
- Electric
- Rest of Asia Pacific Used Car Market, by Vendor Type
- Organized
- Unorganized
- Rest of Asia Pacific Used Car Market, by Fuel Type
- Petrol
- Diesel
- Other Fuel Types
- Rest of Asia Pacific Used Car Market, by Size
- Compact
- Mid-size
- SUVs
- Rest of Asia Pacific Used Car Market, by Sales Channel
- Online
- Offline
- Rest of Asia Pacific Used Car Market, by Vehicle Type
-
Asia Pacific Used Car Market, by Vehicle Type
- Latin America
-
Latin America Used Car Market, by Vehicle Type
- Hybrid
- Conventional
- Electric
-
Latin America Used Car Market, by Vendor Type
- Organized
- Unorganized
-
Latin America Used Car Market, by Fuel Type
- Petrol
- Diesel
- Other Fuel Types
-
Latin America Used Car Market, by Size
- Compact
- Mid-size
- SUVs
-
Latin America Used Car Market, by Sales Channel
- Online
- Offline
- Brazil
- Brazil Used Car Market, by Vehicle Type
- Hybrid
- Conventional
- Electric
- Brazil Used Car Market, by Vendor Type
- Organized
- Unorganized
- Brazil Used Car Market, by Fuel Type
- Petrol
- Diesel
- Other Fuel Types
- Brazil Used Car Market, by Size
- Compact
- Mid-size
- SUVs
- Brazil Used Car Market, by Sales Channel
- Online
- Offline
- Brazil Used Car Market, by Vehicle Type
- Argentina
- Argentina Used Car Market, by Vehicle Type
- Hybrid
- Conventional
- Electric
- Argentina Used Car Market, by Vendor Type
- Organized
- Unorganized
- Argentina Used Car Market, by Fuel Type
- Petrol
- Diesel
- Other Fuel Types
- Argentina Used Car Market, by Size
- Compact
- Mid-size
- SUVs
- Argentina Used Car Market, by Sales Channel
- Online
- Offline
- Argentina Used Car Market, by Vehicle Type
-
Rest of Latin America
- Rest of Latin America Used Car Market, by Vehicle Type
- Hybrid
- Conventional
- Electric
- Rest of Latin America Used Car Market, by Vendor Type
- Organized
- Unorganized
- Rest of Latin America Used Car Market, by Fuel Type
- Petrol
- Diesel
- Other Fuel Types
- Rest of Latin America Used Car Market, by Size
- Compact
- Mid-size
- SUVs
- Rest of Latin America Used Car Market, by Sales Channel
- Online
- Offline
- Rest of Latin America Used Car Market, by Vehicle Type
-
Latin America Used Car Market, by Vehicle Type
- Middle East & Africa
-
Middle East & Africa Used Car Market, by Vehicle Type
- Hybrid
- Conventional
- Electric
-
Middle East & Africa Used Car Market, by Vendor Type
- Organized
- Unorganized
-
Middle East & Africa Used Car Market, by Fuel Type
- Petrol
- Diesel
- Other Fuel Types
-
Middle East & Africa Used Car Market, by Size
- Compact
- Mid-size
- SUVs
-
Middle East & Africa Used Car Market, by Sales Channel
- Online
- Offline
- GCC Countries
- GCC Countries Used Car Market, by Vehicle Type
- Hybrid
- Conventional
- Electric
- GCC Countries Used Car Market, by Vendor Type
- Organized
- Unorganized
- GCC Countries Used Car Market, by Fuel Type
- Petrol
- Diesel
- Other Fuel Types
- GCC Countries Used Car Market, by Size
- Compact
- Mid-size
- SUVs
- GCC Countries Used Car Market, by Sales Channel
- Online
- Offline
- GCC Countries Used Car Market, by Vehicle Type
- South Africa
- South Africa Used Car Market, by Vehicle Type
- Hybrid
- Conventional
- Electric
- South Africa Used Car Market, by Vendor Type
- Organized
- Unorganized
- South Africa Used Car Market, by Fuel Type
- Petrol
- Diesel
- Other Fuel Types
- South Africa Used Car Market, by Size
- Compact
- Mid-size
- SUVs
- South Africa Used Car Market, by Sales Channel
- Online
- Offline
- South Africa Used Car Market, by Vehicle Type
-
Rest of Middle East & Africa
- Rest of Middle East & Africa Used Car Market, by Vehicle Type
- Hybrid
- Conventional
- Electric
- Rest of Middle East & Africa Used Car Market, by Vendor Type
- Organized
- Unorganized
- Rest of Middle East & Africa Used Car Market, by Fuel Type
- Petrol
- Diesel
- Other Fuel Types
- Rest of Middle East & Africa Used Car Market, by Size
- Compact
- Mid-size
- SUVs
- Rest of Middle East & Africa Used Car Market, by Sales Channel
- Online
- Offline
- Rest of Middle East & Africa Used Car Market, by Vehicle Type
-
Middle East & Africa Used Car Market, by Vehicle Type
- North America
FAQ
Frequently Asked Question
What is the global demand for Used Car in terms of revenue?
-
The global Used Car valued at USD 1654.8 Billion in 2022 and is expected to reach USD 2759.3 Billion in 2030 growing at a CAGR of 6.6%.
Which are the prominent players in the market?
-
The prominent players in the market are Alibaba.com (China), Asbury Automotive Group (U.S.), AutoNation Inc. (U.S.), CarMax Business Services LLC (U.S.), Cox Automotive (U.S.), eBay Inc. (U.S.), Group 1 Automotive Inc. (U.S.), Hendrick Automotive Group (U.S.), LITHIA Motor Inc. (U.S.), Scout24 AG (Germany), TrueCar Inc. (U.S.).
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 6.6% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Used Car include
- High new vehicle prices and affordability concerns
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Used Car in 2022.