Indian Used Car Market Outlook to 2021

  • ID: 3742635
  • Report
  • Region: India
  • 96 Pages
  • Affluent Technology Limited
1 of 5
Gain an In-Depth Understanding of the Used Car Market in India, which is the World's Fastest Growing Used Car Market

FEATURED COMPANIES

  • BMW Premium Selection
  • Carnation
  • Copart
  • Ediig.com
  • Mahindra First Choice
  • Quickr Cars
  • MORE
This report presents a detailed view of India’s used car market within 6 tier 1 cities. Comprehensive analyses of market value and car sales by fuel type, transmission, organisational structure and distribution channel are given. The report also incorporates the market share analysis and company profiles of major players along with trends and projected developments. Analysis providing insights on consumer preference and behaviour, especially in the online segment of the market, is also discussed.

The used car market in India is growing at xxx percent per year and is expected to double within five years. The total market size was approximately xxx million units in 2015, with xxx% sold through the organised market. Overall, the pre-owned car market is dominated by the unorganised sector with about xxxx % of the share. However, it is expected the organised market will increase its share in the coming years, especially in the luxury segment. In addition to organised players, a large number of deals are completed through agents, car fairs, online portals and owner-to-owner transactions.

This report covers detailed analysis of the market in terms of segment, region and powertrain classification. While the small car segment shows significant growth compared to other car segments, the other areas do show potential. Each section in the report provides a brief explanation of current and future market trends and developments in the Indian used car market. Our research foresees immense opportunities for various domestic and international players, such as: Maruthi True Value, Mahindra First Choice, and Hyundai Advantage.

The used car business provides add-on value to car manufacturers by increasing footfall in showrooms from customers looking for good deals on new cars through exchange programs and loyalty. Indian car owners are maturing and now want to upgrade their vehicles much faster. The average period of car ownership has fallen to about five years from seven in the past decade and will likely edge towards three years as seen in developed markets, such as the U.S. and Europe.

Traditionally in India people preferred to buy and sell used cars through unorganised channels, i.e. via local dealerships and local mechanics. This market slowly started moving online 4 - 5 years ago and now the market has shifted to mobile, which has become the most preferred way to buy, sell and find used cars.

India has 14,000 used car dealers, of which approximately 1,300 are organised. This used car space will continue to grow at a very healthy CAGR; where Maruthi true value market share is almost 70% in the organised used car business and 10% of the entire used car business.

The growing interest in the used car business is primarily driven by first-time car buyers, usually young people in their first or second jobs of less than 30 years of age. The reason for such interest in used cars among this cohort is economy growth and job security concerns of young people towards hefty purchase investments.

This report aims to estimate the used car market in India for 2016 and to project demand by 2021. It also provides detailed analysis of the top 6 tier 1 cities which contribute to approximately 40% of the total used car market.

Key Topics Covered in the Report:

- The used car market size in India from now until 2021
- Future outlook and projection of the online used car market
- Used car market breakdown: by sales channel (organised, unorganised and C2C), volume (000 units) and value (000 million) forecast till 2021
- Used car market breakdown: by fuel type (petrol, diesel, CNG and LPG), by region (north, south, west, east), volume (000 units) and value (000 million) forecast till 2021
- Used car market breakdown: by transmission (manual, automatic and AMT), by region (north, south, west, east), volume (000 units) and value (000 million) forecast till 2021
- Used car market of top 6 cities (Delhi+NCR, Mumbai, Bangalore, Hyderabad, Chennai and Pune), by sales channel, by body type (hatchback, sedan and SUV/MPV), by fuel (petrol, diesel, CNG/LPG), volume (000 units) and value (000 million) forecast till 2021
- Detailed competitive landscape of the organised used car players in India

Why You Should Buy This Report:

1. Gain an in-depth understanding of the used car market in India which is the world's fastest growing used car market
2. Identify the on-going trends and anticipated growth areas in the coming years
3. Obtain research-based business intelligence and add weight to presentations and marketing materials
4. Gain competitive knowledge of leading players
5. Take advantage of 10% customisation in the report without any extra cost and get the research data/trends added in the report to suit your specific needs
READ MORE
Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • BMW Premium Selection
  • Carnation
  • Copart
  • Ediig.com
  • Mahindra First Choice
  • Quickr Cars
  • MORE
1 Introduction to Used Car/ Pre-Owned Market India
1.1 Summary
1.2 Abstract
1.3 Top Questions
1.4 Study Overview
1.5 Scope of The Study
1.6 Research Methodology
1.7 Typical Pre-owned Vehicle Buying Profile
1.8 Industry Ecosystem-Organized sector

2 Used Car Market Overview
2.1 Drivers and Restrains
2.2 Driver Explained
2.3 Restraints Explained
2.4 Opportunities
2.5 Challenges
2.5 Porter's Five Forces Analysis

3 Used Car Market Forecast by Sales Channel: Volume and Sales Value
3.1 INDIA : Annual Growth Forecast by Volume and Sales Value
3.2 INDIA: Market Volume Share by Sales Channel
3.3 USED CAR MARKET FORECAST - by Body Type: Hatchback, Sedan and SUV & MPV
3.3.1 HATCHBACKS: Market Volume Share
3.3.2 HATCHBACK: Annual Growth by Volume and Sales Value
3.3.3 SEDAN: Market Volume Share
3.3.4 SEDAN: Annual Growth by Volume and Sales Value
3.3.5 SUV & MPV: Market Volume Share
3.3.6 SUV & MPV: Annual Growth by Volume and Sales Value
3.4 USED VEHICLE MARKET FORECAST - by Fuel Type: Petrol, Diesel and CNG &LPG
3.4.1 INDIA: Fuel Type Annual Growth by Volume and Sales Value
3.4.2 INDIA: Fuel Type Market Volume Share
3.4.3 NORTH REGION: Fuel Type Annual Growth by Volume and Sales Value
3.4.4 EAST REGION: Fuel Type Annual Growth by Volume and Sales Value
3.4.5 WEST REGION: Fuel Type Annual Growth by Volume and Sales Value
3.4.6 SOUTH REGION: Fuel Type Annual Growth by Volume and Sales Value
3.5 USED CAR MARKET FORECAST - by Transmission Type: Manual, Automatic and AMT and with Body Type (Region Wise)
3.5.1 INDIA: Transmission Type Annual Growth by Volume and Sales Value
3.5.2 INDIA: Transmission Type Market Volume Share
3.5.3 NORTH REGION: Transmission Type Annual Growth by Volume and Sales Value
3.5.4 EAST REGION: Transmission Type Annual Growth by Volume and Sales Value
3.5.5 WEST REGION: Transmission Type Annual Growth by Volume and Sales Value
3.5.6 SOUTH REGION: Transmission Type Annual Growth by Volume and Sales Value
3.5.7 HATCHBACK: Transmission Type Annual Growth by Volume and Sales Value
3.5.8 SEDAN: Transmission Type Annual Growth by Volume and Sales Value
3.5.9 SUV & MPV: Transmission Type Annual Growth by Volume and Sales Value

4 Used Car Market Forecast in Top 6 Cities - by Sales Channel: Volume and Sales Value
4.1 USED CAR MARKET FORECAST IN TOP 6 CITIES - Annual Growth by Volume and Sales Value
4.2 USED CAR MARKET FORECAST IN TOP 6 CITIES : by Body Type - Hatchback, Sedan, SUV & MPV
4.2.1 DELHI + NCR: Body Type - Annual Growth by Volume and Sales Value
4.2.2 MUMBAI + NAVI MUMBAI: Body Type - Annual Growth by Volume and Sales Value
4.2.3 HYDERABAD: Body Type - Annual Growth by Volume and Sales Value
4.2.4 BANGALORE: Body Type - Annual Growth by Volume and Sales Value
4.2.5 CHENNAI: Body Type - Annual Growth by Volume and Sales Value
4.2.6 PUNE: Body Type - Annual Growth by Volume and Sales Value
4.3 USED CAR MARKET FORECAST IN TOP 6 CITIES : by Fuel Type - Petrol, Diesel and CNG &LPG
4.3.1 DELHI + NCR: Fuel Type - Annual Growth by Volume and Sales Value
4.3.2 MUMBAI + NAVI MUMBAI: Fuel Type - Annual Growth by Volume and Sales Value
4.3.3 HYDERABAD: Fuel Type - Annual Growth by Volume and Sales Value
4.3.4 BANGALORE: Fuel Type - Annual Growth by Volume and Sales Value
4.3.5 CHENNAI: Fuel Type - Annual Growth by Volume and Sales Value
4.3.6 PUNE: Fuel Type - Annual Growth by Volume and Sales Value
4.4 USED CAR MARKET FORECAST IN TOP 6 CITIES : by Sales Channel: Volume and Sales Value
4.4.1 DELHI + NCR: Sales Channel - Annual Growth by Volume and Sales Value
4.4.2 MUMBAI + NAVI MUMBAI: Sales Channel - Annual Growth by Volume and Sales Value
4.4.3 HYDERABAD: Sales Channel - Annual Growth by Volume and Sales Value
4.4.4 BANGALORE: Sales Channel - Annual Growth by Volume and Sales Value
4.4.5 CHENNAI: Sales Channel - Annual Growth by Volume and Sales Value
4.4.6 PUNE: Sales Channel - Annual Growth by Volume and Sales Value

5 Competitive Landscape
5.1 OEM Affiliated Dealer
5.2 Market Volume of the OEM Affiliated Dealer
5.3 Process at the OEM Affiliated Dealership
5.4 OEM Affiliated Dealers Profile
5.5 Online Platforms
5.6 Process at the Online Platforms
5.7 Dealers and Related Services
5.8 Funding in the Industry
5.9 New Developments

6 Conclusion
6.1 Used Car Market Outlook

Appendix

Abbreviations
Note: Product cover images may vary from those shown
3 of 5

Loading
LOADING...

4 of 5
- BMW Premium Selection
- Car Dekho Auction
- CarDekho
- CarTrade
- Carnation
- Carwale
- Copart
- Das WeltAuto
- Droom
- Ediig.com
- Honda Auto Terrace
- Hundai H Promise
- Mahindra First Choice
- Mahindra First Choice Wheels Ltd
- Maruti True value
- OLX
- Quickr Cars
- Shriram Automall india ltds.
- Tata Motors Assured
- Toyota Auction Mart
- Toyota U-trust
Note: Product cover images may vary from those shown
5 of 5
Note: Product cover images may vary from those shown
Adroll
adroll