The Used Cars Global Market Report 2023, provides comprehensive information on the used cars market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Used Cars Market’s Growth:
https://www.thebusinessresearchcompany.com/report/used-cars-global-market-report
As per The Business Research Company’s Used Cars Global Market Report 2023, 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%.
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The used cars market is segmented:
By Vehicle Type
Hatchback
Sedan
SUV
By Fuel Type
Petrol
Diesel
Hybrid/Electric
By Sales Channel
Peer-To-Peer
Franchised Dealers
Independent Dealers
Top Major Players:
Hendrick Automotive Group
Group 1 Automotive
Cox Automotive
Asbury Automotive Group
CarMax Business Services LLC.
Asia-Pacific was the largest region in the used cars market in 2022
The table of contents in TBRC’s used cars market report includes:
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
………………………………………………………
26. Africa Used Cars Market
27. Used Cars Market Competitive Landscape And Company Profiles
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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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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