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Used Car Market 2024-2028

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    Report

  • 174 Pages
  • May 2024
  • Region: Global
  • TechNavio
  • ID: 5008948
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The used car market is forecast to grow by USD 703.33 billion during 2022-2027, accelerating at a CAGR of 6.7% during the forecast period. The report on the used car market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increasing number of new models of cars launched due to high competition, declining ownership cycle of vehicles among urban consumers in emerging countries, and excellent value for money proposition of used cars.

The used car market is segmented as below:

By Vehicle Type

  • Compact car
  • SUV
  • Mid-size

By Channel

  • Organized
  • Unorganized

By Geographical Landscape

  • APAC
  • North America
  • Europe
  • Middle East and Africa
  • South America
This study identifies the growing demand for car subscription services as one of the prime reasons driving the used car market growth during the next few years. Also, vending machine platform for dispensing used cars and OEMs shifting to online portals for used cars will lead to sizable demand in the market.

The report on the used car market covers the following areas:

  • Used car market sizing
  • Used car market forecast
  • Used car market industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading used car market vendors that include Alibaba Group Holding Ltd, Asbury Automotive Group Inc., AutoNation Inc., Autotrader Inc., Berman Auto Group, CarGurus Inc., CarMax Inc., Cars24 Services Pvt. Ltd., DriveTime Automotive Group Inc., eBay Inc., Group 1 Automotive Inc., Hendrick Automotive Group, Hertz Global Holdings Inc., Lithia Motors Inc., Mahindra and Mahindra Ltd., Penske Corp., Scout24 AG, Sonic Automotive Inc., Toyota Motor Corp., and TrueCar Inc. Also, the used car market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
  • Executive Summary - Chart on Market Overview
  • Executive Summary - Data Table on Market Overview
  • Executive Summary - Chart on Global Market Characteristics
  • Executive Summary - Chart on Market By Geographical Landscape
  • Executive Summary - Chart on Market Segmentation by Vehicle Type
  • Executive Summary - Chart on Market Segmentation by Channel
  • Executive Summary - Chart on Incremental Growth
  • Executive Summary - Data Table on Incremental Growth
  • Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
  • Parent Market
  • Data Table on - Parent Market
2.2 Market characteristics
  • Market characteristics analysis
2.3 Value chain analysis
  • Value Chain Analysis
3 Market Sizing
3.1 Market definition
  • Offerings of companies included in the market definition
3.2 Market segment analysis
  • Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
  • Chart on Global - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Global - Market size and forecast 2023-2028 ($ billion)
  • Chart on Global Market: Year-over-year growth 2023-2028 (%)
  • Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global Used Car Market 2018 - 2022
  • Historic Market Size - Data Table on Global Used Car Market 2018 - 2022 ($ billion)
4.2 Vehicle Type segment analysis 2018 - 2022
  • Historic Market Size - Vehicle Type Segment 2018 - 2022 ($ billion)
4.3 Channel segment analysis 2018 - 2022
  • Historic Market Size - Channel Segment 2018 - 2022 ($ billion)
4.4 Geography segment analysis 2018 - 2022
  • Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
4.5 Country segment analysis 2018 - 2022
  • Historic Market Size - Country Segment 2018 - 2022 ($ billion)
5 Five Forces Analysis
5.1 Five forces summary
  • Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
  • Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
  • Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
  • Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
  • Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
  • Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
  • Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Vehicle Type
6.1 Market segments
  • Chart on Vehicle Type - Market share 2023-2028 (%)
  • Data Table on Vehicle Type - Market share 2023-2028 (%)
6.2 Comparison by Vehicle Type
  • Chart on Comparison by Vehicle Type
  • Data Table on Comparison by Vehicle Type
6.3 Compact car - Market size and forecast 2023-2028
  • Chart on Compact car - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Compact car - Market size and forecast 2023-2028 ($ billion)
  • Chart on Compact car - Year-over-year growth 2023-2028 (%)
  • Data Table on Compact car - Year-over-year growth 2023-2028 (%)
6.4 SUV - Market size and forecast 2023-2028
  • Chart on SUV - Market size and forecast 2023-2028 ($ billion)
  • Data Table on SUV - Market size and forecast 2023-2028 ($ billion)
  • Chart on SUV - Year-over-year growth 2023-2028 (%)
  • Data Table on SUV - Year-over-year growth 2023-2028 (%)
6.5 Mid size - Market size and forecast 2023-2028
  • Chart on Mid size - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Mid size - Market size and forecast 2023-2028 ($ billion)
  • Chart on Mid size - Year-over-year growth 2023-2028 (%)
  • Data Table on Mid size - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by Vehicle Type
  • Market opportunity by Vehicle Type ($ billion)
  • Data Table on Market opportunity by Vehicle Type ($ billion)
7 Market Segmentation by Channel
7.1 Market segments
  • Chart on Channel - Market share 2023-2028 (%)
  • Data Table on Channel - Market share 2023-2028 (%)
7.2 Comparison by Channel
  • Chart on Comparison by Channel
  • Data Table on Comparison by Channel
7.3 Organized - Market size and forecast 2023-2028
  • Chart on Organized - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Organized - Market size and forecast 2023-2028 ($ billion)
  • Chart on Organized - Year-over-year growth 2023-2028 (%)
  • Data Table on Organized - Year-over-year growth 2023-2028 (%)
7.4 Unorganized - Market size and forecast 2023-2028
  • Chart on Unorganized - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Unorganized - Market size and forecast 2023-2028 ($ billion)
  • Chart on Unorganized - Year-over-year growth 2023-2028 (%)
  • Data Table on Unorganized - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Channel
  • Market opportunity by Channel ($ billion)
  • Data Table on Market opportunity by Channel ($ billion)
8 Customer Landscape
8.1 Customer landscape overview
  • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
9.1 Geographic segmentation
  • Chart on Market share By Geographical Landscape 2023-2028 (%)
  • Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
  • Chart on Geographic comparison
  • Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
  • Chart on APAC - Market size and forecast 2023-2028 ($ billion)
  • Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
  • Chart on APAC - Year-over-year growth 2023-2028 (%)
  • Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.4 North America - Market size and forecast 2023-2028
  • Chart on North America - Market size and forecast 2023-2028 ($ billion)
  • Data Table on North America - Market size and forecast 2023-2028 ($ billion)
  • Chart on North America - Year-over-year growth 2023-2028 (%)
  • Data Table on North America - Year-over-year growth 2023-2028 (%)
9.5 Europe - Market size and forecast 2023-2028
  • Chart on Europe - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
  • Chart on Europe - Year-over-year growth 2023-2028 (%)
  • Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.6 Middle East and Africa - Market size and forecast 2023-2028
  • Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
  • Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
  • Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.7 South America - Market size and forecast 2023-2028
  • Chart on South America - Market size and forecast 2023-2028 ($ billion)
  • Data Table on South America - Market size and forecast 2023-2028 ($ billion)
  • Chart on South America - Year-over-year growth 2023-2028 (%)
  • Data Table on South America - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
  • Chart on US - Market size and forecast 2023-2028 ($ billion)
  • Data Table on US - Market size and forecast 2023-2028 ($ billion)
  • Chart on US - Year-over-year growth 2023-2028 (%)
  • Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 China - Market size and forecast 2023-2028
  • Chart on China - Market size and forecast 2023-2028 ($ billion)
  • Data Table on China - Market size and forecast 2023-2028 ($ billion)
  • Chart on China - Year-over-year growth 2023-2028 (%)
  • Data Table on China - Year-over-year growth 2023-2028 (%)
9.10 Germany - Market size and forecast 2023-2028
  • Chart on Germany - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
  • Chart on Germany - Year-over-year growth 2023-2028 (%)
  • Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.11 UK - Market size and forecast 2023-2028
  • Chart on UK - Market size and forecast 2023-2028 ($ billion)
  • Data Table on UK - Market size and forecast 2023-2028 ($ billion)
  • Chart on UK - Year-over-year growth 2023-2028 (%)
  • Data Table on UK - Year-over-year growth 2023-2028 (%)
9.12 France - Market size and forecast 2023-2028
  • Chart on France - Market size and forecast 2023-2028 ($ billion)
  • Data Table on France - Market size and forecast 2023-2028 ($ billion)
  • Chart on France - Year-over-year growth 2023-2028 (%)
  • Data Table on France - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
  • Market opportunity By Geographical Landscape ($ billion)
  • Data Tables on Market opportunity By Geographical Landscape ($ billion)
10 Drivers, Challenges, and Opportunity/Restraints
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
  • Impact of drivers and challenges in 2023 and 2028
10.4 Market opportunities/restraints
11 Competitive Landscape
11.1 Overview
11.2 Competitive Landscape
  • Overview on criticality of inputs and factors of differentiation
11.3 Landscape disruption
  • Overview on factors of disruption
11.4 Industry risks
  • Impact of key risks on business
12 Competitive Analysis
12.1 Companies profiled
  • Companies covered
12.2 Market positioning of companies
  • Matrix on companies position and classification
12.3 Alibaba Group Holding Ltd.
  • Alibaba Group Holding Ltd. - Overview
  • Alibaba Group Holding Ltd. - Business segments
  • Alibaba Group Holding Ltd. - Key news
  • Alibaba Group Holding Ltd. - Key offerings
  • Alibaba Group Holding Ltd. - Segment focus
12.4 Asbury Automotive Group Inc.
  • Asbury Automotive Group Inc. - Overview
  • Asbury Automotive Group Inc. - Business segments
  • Asbury Automotive Group Inc. - Key offerings
  • Asbury Automotive Group Inc. - Segment focus
12.5 AutoNation Inc.
  • AutoNation Inc. - Overview
  • AutoNation Inc. - Business segments
  • AutoNation Inc. - Key offerings
  • AutoNation Inc. - Segment focus
12.6 Berman Auto Group
  • Berman Auto Group - Overview
  • Berman Auto Group - Product / Service
  • Berman Auto Group - Key offerings
12.7 CarMax Inc.
  • CarMax Inc. - Overview
  • CarMax Inc. - Business segments
  • CarMax Inc. - Key offerings
  • CarMax Inc. - Segment focus
12.8 DriveTime Automotive Group Inc.
  • DriveTime Automotive Group Inc. - Overview
  • DriveTime Automotive Group Inc. - Product / Service
  • DriveTime Automotive Group Inc. - Key offerings
12.9 eBay Inc.
  • eBay Inc. - Overview
  • eBay Inc. - Product / Service
  • eBay Inc. - Key offerings
12.10 Group 1 Automotive Inc.
  • Group 1 Automotive Inc. - Overview
  • Group 1 Automotive Inc. - Business segments
  • Group 1 Automotive Inc. - Key offerings
  • Group 1 Automotive Inc. - Segment focus
12.11 Hendrick Automotive Group
  • Hendrick Automotive Group - Overview
  • Hendrick Automotive Group - Product / Service
  • Hendrick Automotive Group - Key offerings
12.12 Hertz Global Holdings Inc.
  • Hertz Global Holdings Inc. - Overview
  • Hertz Global Holdings Inc. - Business segments
  • Hertz Global Holdings Inc. - Key news
  • Hertz Global Holdings Inc. - Key offerings
  • Hertz Global Holdings Inc. - Segment focus
12.13 Lithia Motors Inc.
  • Lithia Motors Inc. - Overview
  • Lithia Motors Inc. - Business segments
  • Lithia Motors Inc. - Key offerings
  • Lithia Motors Inc. - Segment focus
12.14 Penske Corp.
  • Penske Corp. - Overview
  • Penske Corp. - Product / Service
  • Penske Corp. - Key offerings
12.15 Scout24 AG
  • Scout24 AG - Overview
  • Scout24 AG - Business segments
  • Scout24 AG - Key offerings
  • Scout24 AG - Segment focus
12.16 Sonic Automotive Inc.
  • Sonic Automotive Inc. - Overview
  • Sonic Automotive Inc. - Business segments
  • Sonic Automotive Inc. - Key offerings
  • Sonic Automotive Inc. - Segment focus
12.17 Toyota Motor Corp.
  • Toyota Motor Corp. - Overview
  • Toyota Motor Corp. - Business segments
  • Toyota Motor Corp. - Key news
  • Toyota Motor Corp. - Key offerings
  • Toyota Motor Corp. - Segment focus
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
  • Inclusions checklist
  • Exclusions checklist
13.3 Currency conversion rates for US$
  • Currency conversion rates for US$
13.4 Research methodology
  • Research methodology
13.5 Data procurement
  • Information sources
13.6 Data validation
  • Data validation
13.7 Validation techniques employed for market sizing
  • Validation techniques employed for market sizing
13.8 Data synthesis
  • Data synthesis
13.9 360 degree market analysis
  • 360 degree market analysis
13.10 List of abbreviations
  • List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Vehicle Type
Exhibits 6: Executive Summary - Chart on Market Segmentation by Channel
Exhibits 7: Executive Summary - Chart on Incremental Growth
Exhibits 8: Executive Summary - Data Table on Incremental Growth
Exhibits 9: Executive Summary - Chart on Company Market Positioning
Exhibits 10: Parent Market
Exhibits 11: Data Table on - Parent Market
Exhibits 12: Market characteristics analysis
Exhibits 13: Value Chain Analysis
Exhibits 14: Offerings of companies included in the market definition
Exhibits 15: Market segments
Exhibits 16: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibits 17: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibits 18: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 19: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 20: Historic Market Size - Data Table on Global Used Car Market 2018 - 2022 ($ billion)
Exhibits 21: Historic Market Size - Vehicle Type Segment 2018 - 2022 ($ billion)
Exhibits 22: Historic Market Size - Channel Segment 2018 - 2022 ($ billion)
Exhibits 23: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
Exhibits 24: Historic Market Size - Country Segment 2018 - 2022 ($ billion)
Exhibits 25: Five forces analysis - Comparison between 2023 and 2028
Exhibits 26: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 27: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 28: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 29: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 30: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 31: Chart on Market condition - Five forces 2023 and 2028
Exhibits 32: Chart on Vehicle Type - Market share 2023-2028 (%)
Exhibits 33: Data Table on Vehicle Type - Market share 2023-2028 (%)
Exhibits 34: Chart on Comparison by Vehicle Type
Exhibits 35: Data Table on Comparison by Vehicle Type
Exhibits 36: Chart on Compact car - Market size and forecast 2023-2028 ($ billion)
Exhibits 37: Data Table on Compact car - Market size and forecast 2023-2028 ($ billion)
Exhibits 38: Chart on Compact car - Year-over-year growth 2023-2028 (%)
Exhibits 39: Data Table on Compact car - Year-over-year growth 2023-2028 (%)
Exhibits 40: Chart on SUV - Market size and forecast 2023-2028 ($ billion)
Exhibits 41: Data Table on SUV - Market size and forecast 2023-2028 ($ billion)
Exhibits 42: Chart on SUV - Year-over-year growth 2023-2028 (%)
Exhibits 43: Data Table on SUV - Year-over-year growth 2023-2028 (%)
Exhibits 44: Chart on Mid size - Market size and forecast 2023-2028 ($ billion)
Exhibits 45: Data Table on Mid size - Market size and forecast 2023-2028 ($ billion)
Exhibits 46: Chart on Mid size - Year-over-year growth 2023-2028 (%)
Exhibits 47: Data Table on Mid size - Year-over-year growth 2023-2028 (%)
Exhibits 48: Market opportunity by Vehicle Type ($ billion)
Exhibits 49: Data Table on Market opportunity by Vehicle Type ($ billion)
Exhibits 50: Chart on Channel - Market share 2023-2028 (%)
Exhibits 51: Data Table on Channel - Market share 2023-2028 (%)
Exhibits 52: Chart on Comparison by Channel
Exhibits 53: Data Table on Comparison by Channel
Exhibits 54: Chart on Organized - Market size and forecast 2023-2028 ($ billion)
Exhibits 55: Data Table on Organized - Market size and forecast 2023-2028 ($ billion)
Exhibits 56: Chart on Organized - Year-over-year growth 2023-2028 (%)
Exhibits 57: Data Table on Organized - Year-over-year growth 2023-2028 (%)
Exhibits 58: Chart on Unorganized - Market size and forecast 2023-2028 ($ billion)
Exhibits 59: Data Table on Unorganized - Market size and forecast 2023-2028 ($ billion)
Exhibits 60: Chart on Unorganized - Year-over-year growth 2023-2028 (%)
Exhibits 61: Data Table on Unorganized - Year-over-year growth 2023-2028 (%)
Exhibits 62: Market opportunity by Channel ($ billion)
Exhibits 63: Data Table on Market opportunity by Channel ($ billion)
Exhibits 64: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 65: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 66: Data Table on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 67: Chart on Geographic comparison
Exhibits 68: Data Table on Geographic comparison
Exhibits 69: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibits 70: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibits 71: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 72: Data Table on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 73: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibits 74: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Exhibits 75: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibits 76: Data Table on North America - Year-over-year growth 2023-2028 (%)
Exhibits 77: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibits 78: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibits 79: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 80: Data Table on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 81: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibits 82: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibits 83: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 84: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 85: Chart on South America - Market size and forecast 2023-2028 ($ billion)
Exhibits 86: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Exhibits 87: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibits 88: Data Table on South America - Year-over-year growth 2023-2028 (%)
Exhibits 89: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibits 90: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibits 91: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibits 92: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibits 93: Chart on China - Market size and forecast 2023-2028 ($ billion)
Exhibits 94: Data Table on China - Market size and forecast 2023-2028 ($ billion)
Exhibits 95: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibits 96: Data Table on China - Year-over-year growth 2023-2028 (%)
Exhibits 97: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibits 98: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibits 99: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 100: Data Table on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 101: Chart on UK - Market size and forecast 2023-2028 ($ billion)
Exhibits 102: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
Exhibits 103: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibits 104: Data Table on UK - Year-over-year growth 2023-2028 (%)
Exhibits 105: Chart on France - Market size and forecast 2023-2028 ($ billion)
Exhibits 106: Data Table on France - Market size and forecast 2023-2028 ($ billion)
Exhibits 107: Chart on France - Year-over-year growth 2023-2028 (%)
Exhibits 108: Data Table on France - Year-over-year growth 2023-2028 (%)
Exhibits 109: Market opportunity By Geographical Landscape ($ billion)
Exhibits 110: Data Tables on Market opportunity By Geographical Landscape ($ billion)
Exhibits 111: Impact of drivers and challenges in 2023 and 2028
Exhibits 112: Overview on criticality of inputs and factors of differentiation
Exhibits 113: Overview on factors of disruption
Exhibits 114: Impact of key risks on business
Exhibits 115: Companies covered
Exhibits 116: Matrix on companies position and classification
Exhibits 117: Alibaba Group Holding Ltd. - Overview
Exhibits 118: Alibaba Group Holding Ltd. - Business segments
Exhibits 119: Alibaba Group Holding Ltd. - Key news
Exhibits 120: Alibaba Group Holding Ltd. - Key offerings
Exhibits 121: Alibaba Group Holding Ltd. - Segment focus
Exhibits 122: Asbury Automotive Group Inc. - Overview
Exhibits 123: Asbury Automotive Group Inc. - Business segments
Exhibits 124: Asbury Automotive Group Inc. - Key offerings
Exhibits 125: Asbury Automotive Group Inc. - Segment focus
Exhibits 126: AutoNation Inc. - Overview
Exhibits 127: AutoNation Inc. - Business segments
Exhibits 128: AutoNation Inc. - Key offerings
Exhibits 129: AutoNation Inc. - Segment focus
Exhibits 130: Berman Auto Group - Overview
Exhibits 131: Berman Auto Group - Product / Service
Exhibits 132: Berman Auto Group - Key offerings
Exhibits 133: CarMax Inc. - Overview
Exhibits 134: CarMax Inc. - Business segments
Exhibits 135: CarMax Inc. - Key offerings
Exhibits 136: CarMax Inc. - Segment focus
Exhibits 137: DriveTime Automotive Group Inc. - Overview
Exhibits 138: DriveTime Automotive Group Inc. - Product / Service
Exhibits 139: DriveTime Automotive Group Inc. - Key offerings
Exhibits 140: eBay Inc. - Overview
Exhibits 141: eBay Inc. - Product / Service
Exhibits 142: eBay Inc. - Key offerings
Exhibits 143: Group 1 Automotive Inc. - Overview
Exhibits 144: Group 1 Automotive Inc. - Business segments
Exhibits 145: Group 1 Automotive Inc. - Key offerings
Exhibits 146: Group 1 Automotive Inc. - Segment focus
Exhibits 147: Hendrick Automotive Group - Overview
Exhibits 148: Hendrick Automotive Group - Product / Service
Exhibits 149: Hendrick Automotive Group - Key offerings
Exhibits 150: Hertz Global Holdings Inc. - Overview
Exhibits 151: Hertz Global Holdings Inc. - Business segments
Exhibits 152: Hertz Global Holdings Inc. - Key news
Exhibits 153: Hertz Global Holdings Inc. - Key offerings
Exhibits 154: Hertz Global Holdings Inc. - Segment focus
Exhibits 155: Lithia Motors Inc. - Overview
Exhibits 156: Lithia Motors Inc. - Business segments
Exhibits 157: Lithia Motors Inc. - Key offerings
Exhibits 158: Lithia Motors Inc. - Segment focus
Exhibits 159: Penske Corp. - Overview
Exhibits 160: Penske Corp. - Product / Service
Exhibits 161: Penske Corp. - Key offerings
Exhibits 162: Scout24 AG - Overview
Exhibits 163: Scout24 AG - Business segments
Exhibits 164: Scout24 AG - Key offerings
Exhibits 165: Scout24 AG - Segment focus
Exhibits 166: Sonic Automotive Inc. - Overview
Exhibits 167: Sonic Automotive Inc. - Business segments
Exhibits 168: Sonic Automotive Inc. - Key offerings
Exhibits 169: Sonic Automotive Inc. - Segment focus
Exhibits 170: Toyota Motor Corp. - Overview
Exhibits 171: Toyota Motor Corp. - Business segments
Exhibits 172: Toyota Motor Corp. - Key news
Exhibits 173: Toyota Motor Corp. - Key offerings
Exhibits 174: Toyota Motor Corp. - Segment focus
Exhibits 175: Inclusions checklist
Exhibits 176: Exclusions checklist
Exhibits 177: Currency conversion rates for US$
Exhibits 178: Research methodology
Exhibits 179: Information sources
Exhibits 180: Data validation
Exhibits 181: Validation techniques employed for market sizing
Exhibits 182: Data synthesis
Exhibits 183: 360 degree market analysis
Exhibits 184: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the global used car market: Alibaba Group Holding Ltd, Asbury Automotive Group Inc., AutoNation Inc., Autotrader Inc., Berman Auto Group, CarGurus Inc., CarMax Inc., Cars24 Services Pvt. Ltd., DriveTime Automotive Group Inc., eBay Inc., Group 1 Automotive Inc., Hendrick Automotive Group, Hertz Global Holdings Inc., Lithia Motors Inc., Mahindra and Mahindra Ltd., Penske Corp., Scout24 AG, Sonic Automotive Inc., Toyota Motor Corp., and TrueCar Inc.

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is growing demand for car subscription services."

According to the report, one of the major drivers for this market is the increasing number of new models of cars launched due to high competition.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Alibaba Group Holding Ltd.
  • Asbury Automotive Group Inc.
  • AutoNation Inc.
  • Autotrader.com Inc.
  • Berman Auto Group
  • CarGurus Inc.
  • CarMax Inc.
  • Cars24 Services Pvt. Ltd.
  • DriveTime Automotive Group Inc.
  • eBay Inc.
  • Group 1 Automotive Inc.
  • Hendrick Automotive Group
  • Hertz Global Holdings Inc.
  • Lithia Motors Inc.
  • Mahindra and Mahindra Ltd.
  • Penske Corp.
  • Scout24 AG
  • Sonic Automotive Inc.
  • Toyota Motor Corp.
  • TrueCar Inc.