The Business Research Company’s Used Cars Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Used Cars Global Market Report 2023 evaluates used cars market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global used cars market size grew from $1243.34 billion in 2022 to $1339.73 billion in 2023 at a compound annual growth rate (CAGR) of 7.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The used cars market size is expected to grow to $1899.97 billion in 2027 at a CAGR of 9.1%.
The used cars market segments in the report are:
1) By Vehicle Type: Hatchback, Sedan, SUV
2) By Fuel Type: Petrol, Diesel, Hybrid/Electric
3) By Sales Channel: Peer-To-Peer, Franchised Dealers, Independent Dealers
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Top 5 Major Key Players Are:
- Hendrick Automotive Group
- Group 1 Automotive Inc.
- Cox Automotive
- Asbury Automotive Group Inc.
- CarMax Business Services LLC
Table Of Contents:
1. Executive Summary
2. Used Cars Market Characteristics
3. Used Cars Market Trends And Strategies
4. Used Cars Market – Macro Economic Scenario
5. Used Cars Market Size And Growth
………
28. Key Mergers And Acquisitions In The Used Cars Market
29. Used Cars Market Future Outlook and Potential Analysis
30. Appendix
List Of Tables:
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Used Cars Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Used Cars Market, Segmentation By Fuel Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Used Cars Market, Segmentation By Sales Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
……….
Table 46: Hendrick Automotive Group Financial Performance
Table 47: Group 1 Automotive, Inc., Financial Performance
Table 48: Cox Automotive Financial Performance
Table 49: Asbury Automotive Group, Inc., Financial Performance
Table 50: CarMax Business Services LLC Financial Performance
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