The global Used Passenger Car market size was valued at USD million in 2023 and is forecast to a readjusted size of USD million by 2030 with a CAGR of % during review period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
This report includes an overview of the development of the Used Passenger Car industry chain, the market status of Organized (Petrol Vehicles, Diesel Vehicles), Unorganized (Petrol Vehicles, Diesel Vehicles), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Used Passenger Car.
Regionally, the report analyzes the Used Passenger Car markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Used Passenger Car market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Used Passenger Car market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Used Passenger Car industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Petrol Vehicles, Diesel Vehicles).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Used Passenger Car market.
Regional Analysis: The report involves examining the Used Passenger Car market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Used Passenger Car market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Used Passenger Car:
Company Analysis: Report covers individual Used Passenger Car manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Used Passenger Car This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Organized, Unorganized).
Technology Analysis: Report covers specific technologies relevant to Used Passenger Car. It assesses the current state, advancements, and potential future developments in Used Passenger Car areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Used Passenger Car market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Used Passenger Car market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Petrol Vehicles
Diesel Vehicles
Hybrid Vehicles
Electric Vehicles
Market segment by Application
Organized
Unorganized
Consumer to Consumer
Major players covered
CarMax Business Services, LLC
AutoNation
Penske Automotive Group, Inc.
America鈥檚 CAR-MART Inc.
Lithia Motors Inc.
Sonic Automotive Inc.
Auto Trader Ltd.
CarWale India
MXC Solutions India Pvt Ltd.
Maruti Suzuki India Ltd.
Tata Motors Ltd.
Mahindra First Choice Wheels Ltd.
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Used Passenger Car product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Used Passenger Car, with price, sales, revenue and global market share of Used Passenger Car from 2019 to 2024.
Chapter 3, the Used Passenger Car competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Used Passenger Car breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Used Passenger Car market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Used Passenger Car.
Chapter 14 and 15, to describe Used Passenger Car sales channel, distributors, customers, research findings and conclusion.
Please Note - This is an on demand report and will be delivered in 2 business days (48 Hours) post payment.
1 Market Overview
1.1 Product Overview and Scope of Used Passenger Car
1.2 Market Estimation Caveats and Base Year
1.3 Market Analysis by Type
1.3.1 Overview: Global Used Passenger Car Consumption Value by Type: 2019 Versus 2023 Versus 2030
1.3.2 Petrol Vehicles
1.3.3 Diesel Vehicles
1.3.4 Hybrid Vehicles
1.3.5 Electric Vehicles
1.4 Market Analysis by Application
1.4.1 Overview: Global Used Passenger Car Consumption Value by Application: 2019 Versus 2023 Versus 2030
1.4.2 Organized
1.4.3 Unorganized
1.4.4 Consumer to Consumer
1.5 Global Used Passenger Car Market Size & Forecast
1.5.1 Global Used Passenger Car Consumption Value (2019 & 2023 & 2030)
1.5.2 Global Used Passenger Car Sales Quantity (2019-2030)
1.5.3 Global Used Passenger Car Average Price (2019-2030)
2 Manufacturers Profiles
2.1 CarMax Business Services, LLC
2.1.1 CarMax Business Services, LLC Details
2.1.2 CarMax Business Services, LLC Major Business
2.1.3 CarMax Business Services, LLC Used Passenger Car Product and Services
2.1.4 CarMax Business Services, LLC Used Passenger Car Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.1.5 CarMax Business Services, LLC Recent Developments/Updates
2.2 AutoNation
2.2.1 AutoNation Details
2.2.2 AutoNation Major Business
2.2.3 AutoNation Used Passenger Car Product and Services
2.2.4 AutoNation Used Passenger Car Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.2.5 AutoNation Recent Developments/Updates
2.3 Penske Automotive Group, Inc.
2.3.1 Penske Automotive Group, Inc. Details
2.3.2 Penske Automotive Group, Inc. Major Business
2.3.3 Penske Automotive Group, Inc. Used Passenger Car Product and Services
2.3.4 Penske Automotive Group, Inc. Used Passenger Car Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.3.5 Penske Automotive Group, Inc. Recent Developments/Updates
2.4 America鈥檚 CAR-MART Inc.
2.4.1 America鈥檚 CAR-MART Inc. Details
2.4.2 America鈥檚 CAR-MART Inc. Major Business
2.4.3 America鈥檚 CAR-MART Inc. Used Passenger Car Product and Services
2.4.4 America鈥檚 CAR-MART Inc. Used Passenger Car Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.4.5 America鈥檚 CAR-MART Inc. Recent Developments/Updates
2.5 Lithia Motors Inc.
2.5.1 Lithia Motors Inc. Details
2.5.2 Lithia Motors Inc. Major Business
2.5.3 Lithia Motors Inc. Used Passenger Car Product and Services
2.5.4 Lithia Motors Inc. Used Passenger Car Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.5.5 Lithia Motors Inc. Recent Developments/Updates
2.6 Sonic Automotive Inc.
2.6.1 Sonic Automotive Inc. Details
2.6.2 Sonic Automotive Inc. Major Business
2.6.3 Sonic Automotive Inc. Used Passenger Car Product and Services
2.6.4 Sonic Automotive Inc. Used Passenger Car Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.6.5 Sonic Automotive Inc. Recent Developments/Updates
2.7 Auto Trader Ltd.
2.7.1 Auto Trader Ltd. Details
2.7.2 Auto Trader Ltd. Major Business
2.7.3 Auto Trader Ltd. Used Passenger Car Product and Services
2.7.4 Auto Trader Ltd. Used Passenger Car Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.7.5 Auto Trader Ltd. Recent Developments/Updates
2.8 CarWale India
2.8.1 CarWale India Details
2.8.2 CarWale India Major Business
2.8.3 CarWale India Used Passenger Car Product and Services
2.8.4 CarWale India Used Passenger Car Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.8.5 CarWale India Recent Developments/Updates
2.9 MXC Solutions India Pvt Ltd.
2.9.1 MXC Solutions India Pvt Ltd. Details
2.9.2 MXC Solutions India Pvt Ltd. Major Business
2.9.3 MXC Solutions India Pvt Ltd. Used Passenger Car Product and Services
2.9.4 MXC Solutions India Pvt Ltd. Used Passenger Car Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.9.5 MXC Solutions India Pvt Ltd. Recent Developments/Updates
2.10 Maruti Suzuki India Ltd.
2.10.1 Maruti Suzuki India Ltd. Details
2.10.2 Maruti Suzuki India Ltd. Major Business
2.10.3 Maruti Suzuki India Ltd. Used Passenger Car Product and Services
2.10.4 Maruti Suzuki India Ltd. Used Passenger Car Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.10.5 Maruti Suzuki India Ltd. Recent Developments/Updates
2.11 Tata Motors Ltd.
2.11.1 Tata Motors Ltd. Details
2.11.2 Tata Motors Ltd. Major Business
2.11.3 Tata Motors Ltd. Used Passenger Car Product and Services
2.11.4 Tata Motors Ltd. Used Passenger Car Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.11.5 Tata Motors Ltd. Recent Developments/Updates
2.12 Mahindra First Choice Wheels Ltd.
2.12.1 Mahindra First Choice Wheels Ltd. Details
2.12.2 Mahindra First Choice Wheels Ltd. Major Business
2.12.3 Mahindra First Choice Wheels Ltd. Used Passenger Car Product and Services
2.12.4 Mahindra First Choice Wheels Ltd. Used Passenger Car Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.12.5 Mahindra First Choice Wheels Ltd. Recent Developments/Updates
3 Competitive Environment: Used Passenger Car by Manufacturer
3.1 Global Used Passenger Car Sales Quantity by Manufacturer (2019-2024)
3.2 Global Used Passenger Car Revenue by Manufacturer (2019-2024)
3.3 Global Used Passenger Car Average Price by Manufacturer (2019-2024)
3.4 Market Share Analysis (2023)
3.4.1 Producer Shipments of Used Passenger Car by Manufacturer Revenue ($MM) and Market Share (%): 2023
3.4.2 Top 3 Used Passenger Car Manufacturer Market Share in 2023
3.4.2 Top 6 Used Passenger Car Manufacturer Market Share in 2023
3.5 Used Passenger Car Market: Overall Company Footprint Analysis
3.5.1 Used Passenger Car Market: Region Footprint
3.5.2 Used Passenger Car Market: Company Product Type Footprint
3.5.3 Used Passenger Car Market: Company Product Application Footprint
3.6 New Market Entrants and Barriers to Market Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
4.1 Global Used Passenger Car Market Size by Region
4.1.1 Global Used Passenger Car Sales Quantity by Region (2019-2030)
4.1.2 Global Used Passenger Car Consumption Value by Region (2019-2030)
4.1.3 Global Used Passenger Car Average Price by Region (2019-2030)
4.2 North America Used Passenger Car Consumption Value (2019-2030)
4.3 Europe Used Passenger Car Consumption Value (2019-2030)
4.4 Asia-Pacific Used Passenger Car Consumption Value (2019-2030)
4.5 South America Used Passenger Car Consumption Value (2019-2030)
4.6 Middle East and Africa Used Passenger Car Consumption Value (2019-2030)
5 Market Segment by Type
5.1 Global Used Passenger Car Sales Quantity by Type (2019-2030)
5.2 Global Used Passenger Car Consumption Value by Type (2019-2030)
5.3 Global Used Passenger Car Average Price by Type (2019-2030)
6 Market Segment by Application
6.1 Global Used Passenger Car Sales Quantity by Application (2019-2030)
6.2 Global Used Passenger Car Consumption Value by Application (2019-2030)
6.3 Global Used Passenger Car Average Price by Application (2019-2030)
7 North America
7.1 North America Used Passenger Car Sales Quantity by Type (2019-2030)
7.2 North America Used Passenger Car Sales Quantity by Application (2019-2030)
7.3 North America Used Passenger Car Market Size by Country
7.3.1 North America Used Passenger Car Sales Quantity by Country (2019-2030)
7.3.2 North America Used Passenger Car Consumption Value by Country (2019-2030)
7.3.3 United States Market Size and Forecast (2019-2030)
7.3.4 Canada Market Size and Forecast (2019-2030)
7.3.5 Mexico Market Size and Forecast (2019-2030)
8 Europe
8.1 Europe Used Passenger Car Sales Quantity by Type (2019-2030)
8.2 Europe Used Passenger Car Sales Quantity by Application (2019-2030)
8.3 Europe Used Passenger Car Market Size by Country
8.3.1 Europe Used Passenger Car Sales Quantity by Country (2019-2030)
8.3.2 Europe Used Passenger Car Consumption Value by Country (2019-2030)
8.3.3 Germany Market Size and Forecast (2019-2030)
8.3.4 France Market Size and Forecast (2019-2030)
8.3.5 United Kingdom Market Size and Forecast (2019-2030)
8.3.6 Russia Market Size and Forecast (2019-2030)
8.3.7 Italy Market Size and Forecast (2019-2030)
9 Asia-Pacific
9.1 Asia-Pacific Used Passenger Car Sales Quantity by Type (2019-2030)
9.2 Asia-Pacific Used Passenger Car Sales Quantity by Application (2019-2030)
9.3 Asia-Pacific Used Passenger Car Market Size by Region
9.3.1 Asia-Pacific Used Passenger Car Sales Quantity by Region (2019-2030)
9.3.2 Asia-Pacific Used Passenger Car Consumption Value by Region (2019-2030)
9.3.3 China Market Size and Forecast (2019-2030)
9.3.4 Japan Market Size and Forecast (2019-2030)
9.3.5 Korea Market Size and Forecast (2019-2030)
9.3.6 India Market Size and Forecast (2019-2030)
9.3.7 Southeast Asia Market Size and Forecast (2019-2030)
9.3.8 Australia Market Size and Forecast (2019-2030)
10 South America
10.1 South America Used Passenger Car Sales Quantity by Type (2019-2030)
10.2 South America Used Passenger Car Sales Quantity by Application (2019-2030)
10.3 South America Used Passenger Car Market Size by Country
10.3.1 South America Used Passenger Car Sales Quantity by Country (2019-2030)
10.3.2 South America Used Passenger Car Consumption Value by Country (2019-2030)
10.3.3 Brazil Market Size and Forecast (2019-2030)
10.3.4 Argentina Market Size and Forecast (2019-2030)
11 Middle East & Africa
11.1 Middle East & Africa Used Passenger Car Sales Quantity by Type (2019-2030)
11.2 Middle East & Africa Used Passenger Car Sales Quantity by Application (2019-2030)
11.3 Middle East & Africa Used Passenger Car Market Size by Country
11.3.1 Middle East & Africa Used Passenger Car Sales Quantity by Country (2019-2030)
11.3.2 Middle East & Africa Used Passenger Car Consumption Value by Country (2019-2030)
11.3.3 Turkey Market Size and Forecast (2019-2030)
11.3.4 Egypt Market Size and Forecast (2019-2030)
11.3.5 Saudi Arabia Market Size and Forecast (2019-2030)
11.3.6 South Africa Market Size and Forecast (2019-2030)
12 Market Dynamics
12.1 Used Passenger Car Market Drivers
12.2 Used Passenger Car Market Restraints
12.3 Used Passenger Car Trends Analysis
12.4 Porters Five Forces Analysis
12.4.1 Threat of New Entrants
12.4.2 Bargaining Power of Suppliers
12.4.3 Bargaining Power of Buyers
12.4.4 Threat of Substitutes
12.4.5 Competitive Rivalry
13 Raw Material and Industry Chain
13.1 Raw Material of Used Passenger Car and Key Manufacturers
13.2 Manufacturing Costs Percentage of Used Passenger Car
13.3 Used Passenger Car Production Process
13.4 Used Passenger Car Industrial Chain
14 Shipments by Distribution Channel
14.1 Sales Channel
14.1.1 Direct to End-User
14.1.2 Distributors
14.2 Used Passenger Car Typical Distributors
14.3 Used Passenger Car Typical Customers
15 Research Findings and Conclusion
16 Appendix
16.1 Methodology
16.2 Research Process and Data Source
16.3 Disclaimer
CarMax Business Services, LLC
AutoNation
Penske Automotive Group, Inc.
America鈥檚 CAR-MART Inc.
Lithia Motors Inc.
Sonic Automotive Inc.
Auto Trader Ltd.
CarWale India
MXC Solutions India Pvt Ltd.
Maruti Suzuki India Ltd.
Tata Motors Ltd.
Mahindra First Choice Wheels Ltd.
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*If Applicable.