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
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Executive Dashboard
- Strategic Imperatives
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Premium Insights
- Top 3 Trends to Watch
- Demand and Supply Trends
- Top 3 Strategies Followed by Major Players
- Top 3 Predictions by Vantage Market Research
- Top Investment Pockets
- Insights from Primary Respondents
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Global Used Car Market - Segment Analysis
- Overview
- Global Used Car Market, 2016 - 2028 (USD Million)
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Global Used Car Market - by Vehicle Type
- By Hybrid
- By Conventional
- By Electric
-
Global Used Car Market - by Vendor Type
- By Organized
- By Unorganized
-
Global Used Car Market - by Fuel Type
- By Petrol
- By Diesel
- By Other Fuel Types
-
Global Used Car Market - by Size
- By Compact
- By Mid-size
- By SUVs
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Global Used Car Market - by Sales Channel
- By Online
- By Offline
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Global Used Car Market - by region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Market comparative analysis
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North America Used Car Market - Segment Analysis
- Overview
- North America Used Car Market, 2016 - 2028 (USD Million)
-
North America Used Car Market, by Vehicle Type
- By Hybrid
- By Conventional
- By Electric
-
North America Used Car Market, by Vendor Type
- By Organized
- By Unorganized
-
North America Used Car Market, by Fuel Type
- By Petrol
- By Diesel
- By Other Fuel Types
-
North America Used Car Market, by Size
- By Compact
- By Mid-size
- By SUVs
-
North America Used Car Market, by Sales Channel
- By Online
- By Offline
-
North America Used Car Market, by Country
- U.S.
- U.S. Used Car Market, By Vehicle Type
- By Hybrid
- By Conventional
- By Electric
- U.S. Used Car Market, By Vendor Type
- By Organized
- By Unorganized
- U.S. Used Car Market, By Fuel Type
- By Petrol
- By Diesel
- By Other Fuel Types
- U.S. Used Car Market, By Size
- By Compact
- By Mid-size
- By SUVs
- U.S. Used Car Market, By Sales Channel
- By Online
- By Offline
- U.S. Used Car Market, By Vehicle Type
- Canada
- Canada Used Car Market, By Vehicle Type
- By Hybrid
- By Conventional
- By Electric
- Canada Used Car Market, By Vendor Type
- By Organized
- By Unorganized
- Canada Used Car Market, By Fuel Type
- By Petrol
- By Diesel
- By Other Fuel Types
- Canada Used Car Market, By Size
- By Compact
- By Mid-size
- By SUVs
- Canada Used Car Market, By Sales Channel
- By Online
- By Offline
- Canada Used Car Market, By Vehicle Type
- Mexico
- Mexico Used Car Market, By Vehicle Type
- By Hybrid
- By Conventional
- By Electric
- Mexico Used Car Market, By Vendor Type
- By Organized
- By Unorganized
- Mexico Used Car Market, By Fuel Type
- By Petrol
- By Diesel
- By Other Fuel Types
- Mexico Used Car Market, By Size
- By Compact
- By Mid-size
- By SUVs
- Mexico Used Car Market, By Sales Channel
- By Online
- By Offline
- Mexico Used Car Market, By Vehicle Type
- U.S.
-
Europe Used Car Market - Segment Analysis
- Overview
- Europe Used Car Market, 2016 - 2028 (USD Million)
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Europe Used Car Market, by Vehicle Type
- By Hybrid
- By Conventional
- By Electric
-
Europe Used Car Market, by Vendor Type
- By Organized
- By Unorganized
-
Europe Used Car Market, by Fuel Type
- By Petrol
- By Diesel
- By Other Fuel Types
-
Europe Used Car Market, by Size
- By Compact
- By Mid-size
- By SUVs
-
Europe Used Car Market, by Sales Channel
- By Online
- By Offline
-
Europe Used Car Market, by Country
- Germany
- Germany Used Car Market, By Vehicle Type
- By Hybrid
- By Conventional
- By Electric
- Germany Used Car Market, By Vendor Type
- By Organized
- By Unorganized
- Germany Used Car Market, By Fuel Type
- By Petrol
- By Diesel
- By Other Fuel Types
- Germany Used Car Market, By Size
- By Compact
- By Mid-size
- By SUVs
- Germany Used Car Market, By Sales Channel
- By Online
- By Offline
- Germany Used Car Market, By Vehicle Type
- UK
- UK Market, By Vehicle Type
- By Hybrid
- By Conventional
- By Electric
- UK Market, By Vendor Type
- By Organized
- By Unorganized
- UK Market, By Fuel Type
- By Petrol
- By Diesel
- By Other Fuel Types
- UK Market, By Size
- By Compact
- By Mid-size
- By SUVs
- UK Market, By Sales Channel
- By Online
- By Offline
- UK Market, By Vehicle Type
- France
- France Used Car Market, By Vehicle Type
- By Hybrid
- By Conventional
- By Electric
- France Used Car Market, By Vendor Type
- By Organized
- By Unorganized
- France Used Car Market, By Fuel Type
- By Petrol
- By Diesel
- By Other Fuel Types
- France Used Car Market, By Size
- By Compact
- By Mid-size
- By SUVs
- France Used Car Market, By Sales Channel
- By Online
- By Offline
- France Used Car Market, By Vehicle Type
- Spain
- Spain Used Car Market, By Vehicle Type
- By Hybrid
- By Conventional
- By Electric
- Spain Used Car Market, By Vendor Type
- By Organized
- By Unorganized
- Spain Used Car Market, By Fuel Type
- By Petrol
- By Diesel
- By Other Fuel Types
- Spain Used Car Market, By Size
- By Compact
- By Mid-size
- By SUVs
- Spain Used Car Market, By Sales Channel
- By Online
- By Offline
- Spain Used Car Market, By Vehicle Type
- Italy
- Italy Used Car Market, By Vehicle Type
- By Hybrid
- By Conventional
- By Electric
- Italy Used Car Market, By Vendor Type
- By Organized
- By Unorganized
- Italy Used Car Market, By Fuel Type
- By Petrol
- By Diesel
- By Other Fuel Types
- Italy Used Car Market, By Size
- By Compact
- By Mid-size
- By SUVs
- Italy Used Car Market, By Sales Channel
- By Online
- By Offline
- Italy Used Car Market, By Vehicle Type
- BENELUX
- BENELUX Used Car Market, By Vehicle Type
- By Hybrid
- By Conventional
- By Electric
- BENELUX Used Car Market, By Vendor Type
- By Organized
- By Unorganized
- BENELUX Used Car Market, By Fuel Type
- By Petrol
- By Diesel
- By Other Fuel Types
- BENELUX Used Car Market, By Size
- By Compact
- By Mid-size
- By SUVs
- BENELUX Used Car Market, By Sales Channel
- By Online
- By Offline
- BENELUX Used Car Market, By Vehicle Type
- Rest of Europe
- Rest Of Europe Used Car Market, By Vehicle Type
- By Hybrid
- By Conventional
- By Electric
- Rest Of Europe Used Car Market, By Vendor Type
- By Organized
- By Unorganized
- Rest Of Europe Used Car Market, By Fuel Type
- By Petrol
- By Diesel
- By Other Fuel Types
- Rest Of Europe Used Car Market, By Size
- By Compact
- By Mid-size
- By SUVs
- Rest Of Europe Used Car Market, By Sales Channel
- By Online
- By Offline
- Rest Of Europe Used Car Market, By Vehicle Type
- Germany
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Asia Pacific Used Car Market - Segment Analysis
- Overview
- Asia Pacific Used Car Market, 2016 - 2028 (USD Million)
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Asia Pacific Used Car Market, by Vehicle Type
- By Hybrid
- By Conventional
- By Electric
-
Asia Pacific Used Car Market, by Vendor Type
- By Organized
- By Unorganized
-
Asia Pacific Used Car Market, by Fuel Type
- By Petrol
- By Diesel
- By Other Fuel Types
-
Asia Pacific Used Car Market, by Size
- By Compact
- By Mid-size
- By SUVs
-
Asia Pacific Used Car Market, by Sales Channel
- By Online
- By Offline
-
Asia Pacific Used Car Market, by Country
- China
- China Used Car Market, By Vehicle Type
- By Hybrid
- By Conventional
- By Electric
- China Used Car Market, By Vendor Type
- By Organized
- By Unorganized
- China Used Car Market, By Fuel Type
- By Petrol
- By Diesel
- By Other Fuel Types
- China Used Car Market, By Size
- By Compact
- By Mid-size
- By SUVs
- China Used Car Market, By Sales Channel
- By Online
- By Offline
- China Used Car Market, By Vehicle Type
- Japan
- Japan Used Car Market, By Vehicle Type
- By Hybrid
- By Conventional
- By Electric
- Japan Used Car Market, By Vendor Type
- By Organized
- By Unorganized
- Japan Used Car Market, By Fuel Type
- By Petrol
- By Diesel
- By Other Fuel Types
- Japan Used Car Market, By Size
- By Compact
- By Mid-size
- By SUVs
- Japan Used Car Market, By Sales Channel
- By Online
- By Offline
- Japan Used Car Market, By Vehicle Type
- India
- India Used Car Market, By Vehicle Type
- By Hybrid
- By Conventional
- By Electric
- India Used Car Market, By Vendor Type
- By Organized
- By Unorganized
- India Used Car Market, By Fuel Type
- By Petrol
- By Diesel
- By Other Fuel Types
- India Used Car Market, By Size
- By Compact
- By Mid-size
- By SUVs
- India Used Car Market, By Sales Channel
- By Online
- By Offline
- India Used Car Market, By Vehicle Type
- South Korea
- South Korea Used Car Market, By Vehicle Type
- By Hybrid
- By Conventional
- By Electric
- South Korea Used Car Market, By Vendor Type
- By Organized
- By Unorganized
- South Korea Used Car Market, By Fuel Type
- By Petrol
- By Diesel
- By Other Fuel Types
- South Korea Used Car Market, By Size
- By Compact
- By Mid-size
- By SUVs
- South Korea Used Car Market, By Sales Channel
- By Online
- By Offline
- South Korea Used Car Market, By Vehicle Type
- South East Asia
- South East Asia Used Car Market, By Vehicle Type
- By Hybrid
- By Conventional
- By Electric
- South East Asia Used Car Market, By Vendor Type
- By Organized
- By Unorganized
- South East Asia Used Car Market, By Fuel Type
- By Petrol
- By Diesel
- By Other Fuel Types
- South East Asia Used Car Market, By Size
- By Compact
- By Mid-size
- By SUVs
- South East Asia Used Car Market, By Sales Channel
- By Online
- By Offline
- South East Asia Used Car Market, By Vehicle Type
- Rest of Asia Pacific
- Rest of Asia Pacific Used Car Market, By Vehicle Type
- By Hybrid
- By Conventional
- By Electric
- Rest of Asia Pacific Used Car Market, By Vendor Type
- By Organized
- By Unorganized
- Rest of Asia Pacific Used Car Market, By Fuel Type
- By Petrol
- By Diesel
- By Other Fuel Types
- Rest of Asia Pacific Used Car Market, By Size
- By Compact
- By Mid-size
- By SUVs
- Rest of Asia Pacific Used Car Market, By Sales Channel
- By Online
- By Offline
- Rest of Asia Pacific Used Car Market, By Vehicle Type
- China
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Latin America Used Car Market - Segment Analysis
- Overview
- Latin America Used Car Market, 2016 - 2028 (USD Million)
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Latin America Used Car Market, by Vehicle Type
- By Hybrid
- By Conventional
- By Electric
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Latin America Used Car Market, by Vendor Type
- By Organized
- By Unorganized
-
Latin America Used Car Market, by Fuel Type
- By Petrol
- By Diesel
- By Other Fuel Types
-
Latin America Used Car Market, by Size
- By Compact
- By Mid-size
- By SUVs
-
Latin America Used Car Market, by Sales Channel
- By Online
- By Offline
-
Latin America Used Car Market, by Country
- Brazil
- Brazil Used Car Market, By Vehicle Type
- By Hybrid
- By Conventional
- By Electric
- Brazil Used Car Market, By Vendor Type
- By Organized
- By Unorganized
- Brazil Used Car Market, By Fuel Type
- By Petrol
- By Diesel
- By Other Fuel Types
- Brazil Used Car Market, By Size
- By Compact
- By Mid-size
- By SUVs
- Brazil Used Car Market, By Sales Channel
- By Online
- By Offline
- Brazil Used Car Market, By Vehicle Type
- Argentina
- Argentina Used Car Market, By Vehicle Type
- By Hybrid
- By Conventional
- By Electric
- Argentina Used Car Market, By Vendor Type
- By Organized
- By Unorganized
- Argentina Used Car Market, By Fuel Type
- By Petrol
- By Diesel
- By Other Fuel Types
- Argentina Used Car Market, By Size
- By Compact
- By Mid-size
- By SUVs
- Argentina Used Car Market, By Sales Channel
- By Online
- By Offline
- Argentina Used Car Market, By Vehicle Type
- Rest of Latin America
- Rest of Latin America Used Car Market, By Vehicle Type
- By Hybrid
- By Conventional
- By Electric
- Rest of Latin America Used Car Market, By Vendor Type
- By Organized
- By Unorganized
- Rest of Latin America Used Car Market, By Fuel Type
- By Petrol
- By Diesel
- By Other Fuel Types
- Rest of Latin America Used Car Market, By Size
- By Compact
- By Mid-size
- By SUVs
- Rest of Latin America Used Car Market, By Sales Channel
- By Online
- By Offline
- Rest of Latin America Used Car Market, By Vehicle Type
- Brazil
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Middle East & Africa Used Car Market - Segment Analysis
- Overview
- Middle East & Africa Used Car Market, 2016 - 2028 (USD Million)
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Middle East & Africa Used Car Market, by Vehicle Type
- By Hybrid
- By Conventional
- By Electric
-
Middle East & Africa Used Car Market, by Vendor Type
- By Organized
- By Unorganized
-
Middle East & Africa Used Car Market, by Fuel Type
- By Petrol
- By Diesel
- By Other Fuel Types
-
Middle East & Africa Used Car Market, by Size
- By Compact
- By Mid-size
- By SUVs
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Middle East & Africa Used Car Market, by Sales Channel
- By Online
- By Offline
-
Middle East & Africa Used Car Market, by Country
- GCC Countries
- GCC Countries Used Car Market, By Vehicle Type
- By Hybrid
- By Conventional
- By Electric
- GCC Countries Used Car Market, By Vendor Type
- By Organized
- By Unorganized
- GCC Countries Used Car Market, By Fuel Type
- By Petrol
- By Diesel
- By Other Fuel Types
- GCC Countries Used Car Market, By Size
- By Compact
- By Mid-size
- By SUVs
- GCC Countries Used Car Market, By Sales Channel
- By Online
- By Offline
- GCC Countries Used Car Market, By Vehicle Type
- South Africa
- South Africa Used Car Market, By Vehicle Type
- By Hybrid
- By Conventional
- By Electric
- South Africa Used Car Market, By Vendor Type
- By Organized
- By Unorganized
- South Africa Used Car Market, By Fuel Type
- By Petrol
- By Diesel
- By Other Fuel Types
- South Africa Used Car Market, By Size
- By Compact
- By Mid-size
- By SUVs
- South Africa Used Car Market, By Sales Channel
- By Online
- By 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
- By Hybrid
- By Conventional
- By Electric
- Rest of Middle East & Africa Used Car Market, By Vendor Type
- By Organized
- By Unorganized
- Rest of Middle East & Africa Used Car Market, By Fuel Type
- By Petrol
- By Diesel
- By Other Fuel Types
- Rest of Middle East & Africa Used Car Market, By Size
- By Compact
- By Mid-size
- By SUVs
- Rest of Middle East & Africa Used Car Market, By Sales Channel
- By Online
- By Offline
- Rest of Middle East & Africa Used Car Market, By Vehicle Type
- GCC Countries
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Key Market Dynamics
- Introduction
- Market Drivers
- Market Restraints
- Market Opportunities
- Porter's Five Forces Analysis
- PEST Analysis
- Regulatory Landscape
- Technology Landscape
- Regional Market Trends
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COVID 19 Impact Analysis
- Key strategies undertaken by companies to tackle COVID-19
- Short term dynamics
- Long term dynamics
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Marketing Stratagy Analysis
- Marketing Channel
- Direct Marketing
- Indirect Marketing
- Marketing Channel Development Trends
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Competative Landscape
- Competition Matrix - 2021
- Company Market Share Analysis - 2021
- Key Company Activities, 2018 - 2021
- Strategic Developments - Heat Map Analysis
- Company Offering Evaluation
- Company Regional Presence Evaluation
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Company Profiles
- 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.)
- Key Primary Respondents - VERBATIM
- Discussion Guide
- Customization Offered
- Annexure
- List of Figures
- List of Tables
- List of Abbreviations
FAQ
Frequently Asked Question
What is the global demand for Used Car in terms of revenue?
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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?
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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?
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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.
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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?
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Asia Pacific was the leading regional segment of the Used Car in 2022.