Used Car and Refurbished Car Sales Market, Global Outlook and Forecast 2023-2028

Report ID: 1134897 | Published Date: Jan 2025 | No. of Page: 60 | Base Year: 2024 | Rating: 5 | Webstory: Check our Web story

A used car is a vehicle that has previously had one or more retail owners. A refurbished car refers to a vehicle that has had everything fixed and no additional repairs are required.
This report contains market size and forecasts of Used Car and Refurbished Car Sales in Global, including the following market information:
Global Used Car and Refurbished Car Sales Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Used Car and Refurbished Car Sales market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Gasoline Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Used Car and Refurbished Car Sales include General Motors, Nissan, Toyota, Penske Automotive Group, Bayerische Motoren Werke AG(BMW), Chevrolet, Mahindra First Choice, Maruti Suzuki India Limited and Tata Motors Assured, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Used Car and Refurbished Car Sales companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Used Car and Refurbished Car Sales Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Used Car and Refurbished Car Sales Market Segment Percentages, by Type, 2021 (%)
Gasoline
Diesel
Bio-fuels
Compressed Natural Gas (CNG)
Liquefied Petroleum Gas (LPG)
Hybrid
Others
Global Used Car and Refurbished Car Sales Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Used Car and Refurbished Car Sales Market Segment Percentages, by Application, 2021 (%)
Franchise
Independent
Others
Global Used Car and Refurbished Car Sales Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Used Car and Refurbished Car Sales Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Used Car and Refurbished Car Sales revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Used Car and Refurbished Car Sales revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
General Motors
Nissan
Toyota
Penske Automotive Group
Bayerische Motoren Werke AG(BMW)
Chevrolet
Mahindra First Choice
Maruti Suzuki India Limited
Tata Motors Assured
Asbury Automotive Group
Auto Trader Group plc
CarWoo
CarMax

Frequently Asked Questions
Used Car and Refurbished Car Sales Market In Global report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Used Car and Refurbished Car Sales Market In Global report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Used Car and Refurbished Car Sales Market In Global report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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