Increasing preference for a used car as it is very cost-effective compared to a new car is to drive the global used car market through 2027. According to TechSci Research report “Used Car Market– Global Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2017-2027F”, Global used car market stood around USD 813.79 billion in the year 2021 and is… Read More »
Growing preference for luxury cars as well as need for personal transportation coupled with the growth of middle income group population is expected to boost the growth of used car sales in MENA countries. According to TechSci Research report, “MENA Used Car Market By Vehicle Type (Small Cars, Mid Cars and Luxury Cars), By End Use (Institutional… Read More »
Increase in digital aggregators facilitates growth in India Used Car Market in upcoming years. According to TechSci report on, “India Used Car Market By Vehicle Type (Hatchbacks, Sedans, SUV/ MPV), By Sector (Organized Vs. Semi-Organized /Unorganized), By Sales Channel (Dealerships /Broker Vs. C2C), By Fuel Type (Petrol, Diesel & CNG), By Region (South, West, North, East),… Read More »
Rise in income levels and surge in demand for luxury cars is expected to drive the demand for UAE used car market for the forecast period. According to TechSci Research report, “UAE Used Car Market By Vehicle Type (Small Cars, Mid-Size Cars & Luxury Cars) By End Use (Institutional Vs Individual) By Fuel Type (Petrol, Diesel &… Read More »