Used Car Market in UK 2025-2029

Description

List of Tables

The used car market in UK is forecasted to grow by USD 39.5 billion during 2024-2029, accelerating at a CAGR of 6.2% during the forecast period. The report on the used car market in UK provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by excellent value for money proposition of used cars, reducing ownership cycle of cars, and increasing technological innovations in passenger cars.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

Market Scope
Base Year	2025
End Year	2029
Series Year	2025-2029
Growth Momentum	Accelerate
YOY 2025	5.8%
CAGR	6.2%
Incremental Value	$39.5 bn

Technavio's used car market in UK is segmented as below:

By Channel

Organized
Unorganized

By Vehicle Type

Compact car
SUV
Mid size

By Type

Petrol
Diesel
Others

By Geographical Landscape

Europe

This study identifies the improved touchpoint management as one of the prime reasons driving the used car market in UK growth during the next few years. Also, vending machine platform for dispensing used cars and increased penetration of websites dedicated to selling used cars will lead to sizable demand in the market.

The report on the used car market in UK covers the following areas:

Used Car Market in UK sizing
Used Car Market in UK forecast
Used Car Market in UK industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading used car market in UK vendors that include Alibaba Group Holding Ltd., Aramis Group, Arnold Clark Automobiles Ltd., Auto Trader Group PLC, Bauer Media Group, Car Giant Ltd., Carcraft.co.UK, CarGurus Inc., CarMax Inc., Cazoo Ltd., Cinch Cars Ltd., Constellation Automotive Group Ltd., Group 1 Automotive Inc., Hertz Global Holdings Inc., Lithia Motors Inc., McCarthy Cars UK Ltd., Motors.co.UK Ltd., Penske Corp., Toyota Motor Corp., and TrueCar Inc.. Also, the used car market in UK analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR76445

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Country Market Characteristics
- Executive Summary - Chart on Market Segmentation by Channel
- Executive Summary - Chart on Market Segmentation by Vehicle Type
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Company Market Positioning

2 Technavio Analysis

2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
- Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
- Overview on factors of disruption
2.4 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029

3 Market Landscape

3.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
3.2 Market characteristics
- Market characteristics analysis
3.3 Value chain analysis
- Value chain analysis

4 Market Sizing

4.1 Market definition
- Offerings of companies included in the market definition
4.2 Market segment analysis
- Market segments
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
- Chart on UK - Market size and forecast 2024-2029 ($ billion)
- Data Table on UK - Market size and forecast 2024-2029 ($ billion)
- Chart on UK: Year-over-year growth 2024-2029 (%)
- Data Table on UK: Year-over-year growth 2024-2029 (%)

5 Historic Market Size

5.1 Used Car Market in UK 2019 - 2023
- Historic Market Size - Data Table on Used Car Market in UK 2019 - 2023 ($ billion)
5.2 Channel segment analysis 2019 - 2023
- Historic Market Size - Channel Segment 2019 - 2023 ($ billion)
5.3 Vehicle Type segment analysis 2019 - 2023
- Historic Market Size - Vehicle Type Segment 2019 - 2023 ($ billion)
5.4 Type segment analysis 2019 - 2023
- Historic Market Size - Type Segment 2019 - 2023 ($ billion)

6 Qualitative Analysis

6.1 AI Impact on Used car Market in UK

7 Five Forces Analysis

7.1 Five forces summary
- Five forces analysis - Comparison between 2024 and 2029
7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2024 and 2029
7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2024 and 2029
7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2024 and 2029
7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2024 and 2029
7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2024 and 2029
7.7 Market condition
- Chart on Market condition - Five forces 2024 and 2029

8 Market Segmentation by Channel

8.1 Market segments
- Chart on Channel - Market share 2024-2029 (%)
- Data Table on Channel - Market share 2024-2029 (%)
8.2 Comparison by Channel
- Chart on Comparison by Channel
- Data Table on Comparison by Channel
8.3 Organized - Market size and forecast 2024-2029
- Chart on Organized - Market size and forecast 2024-2029 ($ billion)
- Data Table on Organized - Market size and forecast 2024-2029 ($ billion)
- Chart on Organized - Year-over-year growth 2024-2029 (%)
- Data Table on Organized - Year-over-year growth 2024-2029 (%)
8.4 Unorganized - Market size and forecast 2024-2029
- Chart on Unorganized - Market size and forecast 2024-2029 ($ billion)
- Data Table on Unorganized - Market size and forecast 2024-2029 ($ billion)
- Chart on Unorganized - Year-over-year growth 2024-2029 (%)
- Data Table on Unorganized - Year-over-year growth 2024-2029 (%)
8.5 Market opportunity by Channel
- Market opportunity by Channel ($ billion)
- Data Table on Market opportunity by Channel ($ billion)

9 Market Segmentation by Vehicle Type

9.1 Market segments
- Chart on Vehicle Type - Market share 2024-2029 (%)
- Data Table on Vehicle Type - Market share 2024-2029 (%)
9.2 Comparison by Vehicle Type
- Chart on Comparison by Vehicle Type
- Data Table on Comparison by Vehicle Type
9.3 Compact car - Market size and forecast 2024-2029
- Chart on Compact car - Market size and forecast 2024-2029 ($ billion)
- Data Table on Compact car - Market size and forecast 2024-2029 ($ billion)
- Chart on Compact car - Year-over-year growth 2024-2029 (%)
- Data Table on Compact car - Year-over-year growth 2024-2029 (%)
9.4 SUV - Market size and forecast 2024-2029
- Chart on SUV - Market size and forecast 2024-2029 ($ billion)
- Data Table on SUV - Market size and forecast 2024-2029 ($ billion)
- Chart on SUV - Year-over-year growth 2024-2029 (%)
- Data Table on SUV - Year-over-year growth 2024-2029 (%)
9.5 Mid size - Market size and forecast 2024-2029
- Chart on Mid size - Market size and forecast 2024-2029 ($ billion)
- Data Table on Mid size - Market size and forecast 2024-2029 ($ billion)
- Chart on Mid size - Year-over-year growth 2024-2029 (%)
- Data Table on Mid size - Year-over-year growth 2024-2029 (%)
9.6 Market opportunity by Vehicle Type
- Market opportunity by Vehicle Type ($ billion)
- Data Table on Market opportunity by Vehicle Type ($ billion)

10 Market Segmentation by Type

10.1 Market segments
- Chart on Type - Market share 2024-2029 (%)
- Data Table on Type - Market share 2024-2029 (%)
10.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type
10.3 Petrol - Market size and forecast 2024-2029
- Chart on Petrol - Market size and forecast 2024-2029 ($ billion)
- Data Table on Petrol - Market size and forecast 2024-2029 ($ billion)
- Chart on Petrol - Year-over-year growth 2024-2029 (%)
- Data Table on Petrol - Year-over-year growth 2024-2029 (%)
10.4 Diesel - Market size and forecast 2024-2029
- Chart on Diesel - Market size and forecast 2024-2029 ($ billion)
- Data Table on Diesel - Market size and forecast 2024-2029 ($ billion)
- Chart on Diesel - Year-over-year growth 2024-2029 (%)
- Data Table on Diesel - Year-over-year growth 2024-2029 (%)
10.5 Others - Market size and forecast 2024-2029
- Chart on Others - Market size and forecast 2024-2029 ($ billion)
- Data Table on Others - Market size and forecast 2024-2029 ($ billion)
- Chart on Others - Year-over-year growth 2024-2029 (%)
- Data Table on Others - Year-over-year growth 2024-2029 (%)
10.6 Market opportunity by Type
- Market opportunity by Type ($ billion)
- Data Table on Market opportunity by Type ($ billion)

11 Customer Landscape

11.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

12 Drivers, Challenges, and Opportunity/Restraints

12.1 Market drivers
12.2 Market challenges
12.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
12.4 Market opportunities/restraints

13 Competitive Landscape

13.1 Overview
13.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
13.3 Landscape disruption
- Overview on factors of disruption
13.4 Industry risks
- Impact of key risks on business

14 Competitive Analysis

14.1 Companies profiled
- Companies covered
14.2 Company ranking index
- Company ranking index
14.3 Market positioning of companies
- Matrix on companies position and classification
14.4 Alibaba Group Holding Ltd.
- Alibaba Group Holding Ltd. - Overview
- Alibaba Group Holding Ltd. - Business segments
- Alibaba Group Holding Ltd. - Key news
- Alibaba Group Holding Ltd. - Key offerings
- Alibaba Group Holding Ltd. - Segment focus
- SWOT
14.5 Aramis Group
- Aramis Group - Overview
- Aramis Group - Product / Service
- Aramis Group - Key offerings
- SWOT
14.6 Arnold Clark Automobiles Ltd.
- Arnold Clark Automobiles Ltd. - Overview
- Arnold Clark Automobiles Ltd. - Product / Service
- Arnold Clark Automobiles Ltd. - Key offerings
- SWOT
14.7 Auto Trader Group Plc
- Auto Trader Group Plc - Overview
- Auto Trader Group Plc - Product / Service
- Auto Trader Group Plc - Key offerings
- SWOT
14.8 Car Giant Ltd.
- Car Giant Ltd. - Overview
- Car Giant Ltd. - Product / Service
- Car Giant Ltd. - Key offerings
- SWOT
14.9 Carcraft.co.uk
- Carcraft.co.uk - Overview
- Carcraft.co.uk - Product / Service
- Carcraft.co.uk - Key offerings
- SWOT
14.10 CarMax Inc.
- CarMax Inc. - Overview
- CarMax Inc. - Business segments
- CarMax Inc. - Key offerings
- CarMax Inc. - Segment focus
- SWOT
14.11 Cazoo Ltd.
- Cazoo Ltd. - Overview
- Cazoo Ltd. - Product / Service
- Cazoo Ltd. - Key offerings
- SWOT
14.12 Cinch Cars Ltd.
- Cinch Cars Ltd. - Overview
- Cinch Cars Ltd. - Product / Service
- Cinch Cars Ltd. - Key offerings
- SWOT
14.13 Constellation Automotive Group Ltd.
- Constellation Automotive Group Ltd. - Overview
- Constellation Automotive Group Ltd. - Product / Service
- Constellation Automotive Group Ltd. - Key offerings
- SWOT
14.14 Group 1 Automotive Inc.
- Group 1 Automotive Inc. - Overview
- Group 1 Automotive Inc. - Business segments
- Group 1 Automotive Inc. - Key offerings
- Group 1 Automotive Inc. - Segment focus
- SWOT
14.15 Lithia Motors Inc.
- Lithia Motors Inc. - Overview
- Lithia Motors Inc. - Business segments
- Lithia Motors Inc. - Key offerings
- Lithia Motors Inc. - Segment focus
- SWOT
14.16 McCarthy Cars UK Ltd.
- McCarthy Cars UK Ltd. - Overview
- McCarthy Cars UK Ltd. - Product / Service
- McCarthy Cars UK Ltd. - Key offerings
- SWOT
14.17 Motors.co.uk Ltd.
- Motors.co.uk Ltd. - Overview
- Motors.co.uk Ltd. - Product / Service
- Motors.co.uk Ltd. - Key offerings
- SWOT
14.18 Penske Corp.
- Penske Corp. - Overview
- Penske Corp. - Product / Service
- Penske Corp. - Key offerings
- SWOT

15 Appendix

15.1 Scope of the report
15.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
15.3 Currency conversion rates for US$
- Currency conversion rates for US$
15.4 Research methodology
- Research methodology
15.5 Data procurement
- Information sources
15.6 Data validation
- Data validation
15.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
15.8 Data synthesis
- Data synthesis
15.9 360 degree market analysis
- 360 degree market analysis
15.10 List of abbreviations
- List of abbreviations