Egypt Passenger Car Market report comprehensively covers the market by types, imported vs. locally manufactured and Chinese origin vs. non-Chinese origin. Egypt passenger car market report provides an unbiased and detailed analysis of the on-going trends, opportunities/high growth areas, market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Egypt Passenger Car Market Synopsis
Egypt Passenger Car market witnessed a steady growth during 2017-18 however encountered a decline in 2019 owing to the volatility of the car market following the implementation of the Egyptian-European partnership agreement, the declining prices of the US Dollar against the Egyptian Pound and boycotting campaigns against cars. Further, the sudden outbreak of the Covid-19 pandemic resulted in supply chain disruptions in the beginning of 2020 but the sales of passenger cars increased eventually during that year in Egypt. The developing vehicle financing market has been fostering the sales of passenger cars accompanied by soaring population, growing disposable income, urbanization and ease of accessibility of credit and funding for passenger cars. In addition, the market is estimated to experience improved demand for passenger cars from the booming logistics and passenger transport sector. Government projects and policies are also affecting Egypt passenger car market growth and are estimated to upkeep the growth over the near future.
According to the publisher, Egypt Passenger Car Market size is projected to grow at a CAGR of 10.2% during 2021-2027. Rising population along with increased standard of living are the primary reasons contributing to the rising demand for passenger cars in Egypt. Large Egyptian population suggest long-term potential in automotive industry with increase in disposable income of households, a car is no longer considered a luxury but rather a necessity and the reliance on privately owned vehicle is witnessing escalation with rising living standards of people in metropolitan cities of Egypt. In the last five years, Egypt has seen around 10% rise in urban population owing to preferable job opportunities, better quality of schools, improved living standards along with enhanced quality of life. The increasing number of people migrating towards urban areas has resulted in the rise in demand for transportation facilities, eventually leading to the rise in the requirement of passenger cars.
Market by Types Analysis
By types, Special Utility Vehicles (SUVs) are projected to show significant growth during the forecast period owing to the growing leisure activities, tour events and road conditions in Egypt. Within imported Vs locally manufactured, imported passenger cars accounted for the majority of volume share in Egypt’s market owing to the final phase of the EU-Egypt Association Agreement which came into effect in January 2019, on account of which imported European passenger cars increased by 37% during the first half of 2019. Also, the government had not laid any incentivized policy/scheme for the OEMs in order to promote local manufacturing which is hindering the local production further.
Market by Origin Analysis
By Origin, Non-Chinese passenger cars dominated the market volume in Egypt’s passenger cars market as European cars attributed to 49% of the imported cars in Egypt during the first half of 2019, with Renault standing as the highest imported passenger vehicle to Egypt.
Key Attractiveness of the Report
- COVID-19 Impact on the Market.
- 10 Years Market Numbers.
- Historical Data Starting from 2017 to 2020.
- Base Year: 2020
- Forecast Data until 2027.
- Key Performance Indicators Impacting the Market.
- Major Upcoming Developments and Projects.
Key Highlights of the Report
- Egypt Passenger Car Market Overview
- Egypt Passenger Car Market Outlook
- Egypt Passenger Car Market Forecast
- Historical Data and Forecast of Egypt Passenger Car Market Revenues and Volume for the Period 2017-2027F
- Historical Data and Forecast of Egypt Passenger Car Market Revenues and Volume, By Types, for the Period 2017-2027F
- Historical Data and Forecast of Egypt Passenger Car Market Volume, By Products, By Imported Vs. Locally Manufactured for the Period 2017-2021E
- Historical Data and Forecast of Egypt Passenger Car Market Volume, By Chinese Origin Vs. Non-Chinese Origin, for the Period 2017-2021E
- Market Drivers and Restraints
- Industry Life Cycle
- Porter’s Five Force Analysis
- Impact Analysis of COVID-19
- Egypt Passenger Car Market Trends
- Egypt Passenger Car Market Share, By Companies
- Competitive Benchmarking
- Company Profiles
- Key Strategic Recommendations
Market Scope and Segmentation
The report provides a detailed analysis of the following market segments:
By Types
- Hatchback
- Sedan
- SUV
By Imported Vs. Locally Manufactured
- Imported
- Locally Manufactured
By Chinese Origin Vs. Non-Chinese Origin
- Chinese Origin
- Non-Chinese Origin
Table of Contents
1. Executive Summary
2. Introduction
2.1. Report Description
2.2. Key Highlights of the Report
2.3. Market Scope & Segmentation
2.4. Research Methodology
2.5. Assumptions
3. Egypt Passenger Car Market Overview
3.1. Egypt Passenger Car Market Revenues and Volume, 2017-2027F
3.2. Egypt Passenger Car Market Industry Life Cycle
3.3. Egypt Passenger Car Market Porter’s Five Forces
3.4. Egypt Passenger Car Market Revenue and Volume Share, By Vehicle Types, 2020 & 2027F
4. Impact Analysis of COVID-19 on Egypt Passenger Car Market
5. Egypt Passenger Car Market Dynamics
5.1. Impact Analysis
5.2. Market Drivers
5.3. Market Restraints
6. Egypt Passenger Car Market Trends & Evolution
7. Egypt Passenger Car Market Price Point Analysis
8. Egypt Passenger Car Market Overview, By Types
8.1. Egypt Passenger Car Market Revenues and Volume, By SUV, 2017-2027F
8.2. Egypt Passenger Car Market Revenues and Volume, By Sedan, 2017-2027F
8.3. Egypt Passenger Car Market Revenues and Volume, By Hatchback, 2017-2027F
9. Egypt Passenger Car Market Overview, By Imported Vs. Locally Manufactured
9.1. Egypt Passenger Car Market Volume, By Imported, 2017-2021
9.2. Egypt Passenger Car Market Volume, By Locally Manufactured, 2017-2021
10. Egypt Passenger Car Market Overview, By Chinese Origin Vs. Non-Chinese Origin
10.1. Egypt Passenger Car Market Volume, By Chinese Origin, 2017-2021
10.2. Egypt Passenger Car Market Volume, By Non-Chinese Origin, 2017-2021
11. Egypt Passenger Car Market - Import Taxation Analysis
11.1. Tax Slabs on Import of Passenger Car, By Engine/Vehicle Types, 2021
11.2. Tax Slabs on Import of Passenger Car Engines, 2021
11.3. Tax Slabs on Import of Passenger Car Spare Parts, 2021
12. Egypt Passenger Car Market Sales Taxations
12.1. Sales Tax Slab on Passenger Car in Egypt, 2021
12.2. Sales Tax Slab on Passenger Car Spare Parts in Egypt, 2021
13. Egypt Passenger Car Market - Key Government Exemptions, 2021
14. Egypt Passenger Car Market - Identification of Key Brands, 2021
15. Egypt Passenger Car Market - Identification of Key Preferred Engines, 2021
16. Egypt Passenger Car Market - Key Performance Indicators
17. Egypt Passenger Car Market - Opportunity Assessment
17.1. Egypt Passenger Car Market Opportunity Assessment, By Vehicle Types, 2027F
18. Egypt Passenger Car Market Competitive Landscape
18.1. Egypt Passenger Car Market Volume Share, By Company, 2020
18.2. Egypt Passenger Car Market - Key Models Available (2021)
18.3. Egypt Passenger Car Market Competitive Benchmarking, By Operating Parameters
18.4. Egypt Passenger Car Sales, By Company/Brands, 2021
19. Company Profiles
19.1. Hyundai Egypt
19.2. Toyota Egypt Group
19.3. Nissan Motor Co., Ltd.
19.4. Renault Group
19.5. General Motors
19.6. MG Motor
19.7. Volkswagen AG
19.8. Mitsubishi Motors Corporation
19.9. Ford Motor Company
19.10. Mercedes-Benz Egypt S.A.E.
20. Key Strategic Recommendations
21. Disclaimer
List of Figures
Figure 1. Egypt Passenger Car Market Revenues and Volume, 2017-2027F ($ Million, Thousand Units)
Figure 2. Egypt Passenger Car Market Revenue Share, By Types, 2020 & 2027F
Figure 3. Egypt Passenger Car Market Volume Share, By Types, 2020 & 2027F
Figure 4. Egypt Population, 2015-2020 (Million)
Figure 5. Egypt GDP per Capita, 2000-2020 (USD)
Figure 6. Egypt Urban Population, 2015-2020 (Million)
Figure 7. Prices of Passenger Car in EGP
Figure 8. Prices of Passenger Car in USD
Figure 9. Egypt Investment Forecasts for Road Infrastructure, 2021E-2040F (In $ Billion)
Figure 10. Total Imports of Passenger Vehicles in Egypt, 2016-2019 ($ Million)
Figure 11. Number of Registered Vehicles in Egypt, 2016-2019
Figure 12. Egypt Passenger Car Market Opportunity Assessment, By Types, 2027F
Figure 13. Egypt Passenger Car Market Volume Share, By Company, 2020
List of Table
Table 1. Egypt Passenger Car Market Revenues, By Types, 2017-2027F ($ Million)
Table 2. Egypt Passenger Car Market Volume, By Types, 2017-2027F (Units)
Table 3. Egypt Passenger Car Market Volume, By Imported Vs. Locally Manufactured, 2017-2021E (Units)
Table 4. Egypt Passenger Car Market Volume, By Chinese Origin Vs. Non-Chinese Origin, 2017-2021E (Units)
Table 5. Import Taxation as per Engine Capacity of Automobiles in Egypt
Table 6. VAT as per Engine Capacity of Automobiles
Table 7. Key brands present in Egypt Passenger Car Market
Table 8. Key Preferred Engines in Egypt Passenger Car Market
Table 9. Top FDI companies in Egypt working in Automotive & its Feeding Industries as evaluated in 30 June 2020
Table 10. Key Models Available in Egypt Passenger Car Market by Brand
Companies Mentioned
- Hyundai Egypt
- Toyota Egypt Group
- Nissan Motor Co., Ltd.
- Renault Group
- General Motors
- MG Motor
- Volkswagen AG
- Mitsubishi Motors Corporation
- Ford Motor Company
- Mercedes-Benz Egypt S.A.E.
