Used Car Market in India 2025-2029

Description

List of Tables

The used car market in india is forecasted to grow by USD 33434.3 mn during 2024-2029, accelerating at a CAGR of 12.9% during the forecast period. The report on the used car market in india 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	12.2%
CAGR	12.9%
Incremental Value	$33434.3 mn

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

By Channel

Offline
Online

By Vehicle Type

Compact car
Mid size
SUV

By Type

Petrol
Diesel
Others

By Geographical Landscape

APAC

This study identifies the improved touchpoint management as one of the prime reasons driving the used car market in india 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 india covers the following areas:

Used Car Market in India sizing
Used Car Market in India forecast
Used Car Market in India 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 india vendors that include ALD SA, Auto Best, Bayerische Motoren Werke AG, Big Boy Toyz Pvt. Ltd., Cars24 Services Pvt. Ltd., CarWale India, Classic Automotives, Droom Technology Pvt. Ltd., Girnar software Pvt. Ltd., Honda Motor Co. Ltd., Hyundai Motor Co., Khivraj Motors, Mahindra and Mahindra Ltd., NASPERS Ltd., Quikr India Pvt. Ltd., Suzuki Motor Corp., The VAISHNO MOTOR CO., Toqfactor Technologies Pvt. Ltd., Toyota Motor Corp., and Valuedrive Technologies Pvt Ltd.. Also, the used car market in india 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: IRTNTR76482

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 India - Market size and forecast 2024-2029 ($ million)
- Data Table on India - Market size and forecast 2024-2029 ($ million)
- Chart on India: Year-over-year growth 2024-2029 (%)
- Data Table on India: Year-over-year growth 2024-2029 (%)

5 Historic Market Size

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

6 Qualitative Analysis

6.1 Impact of AI on Used Car Market in India

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 Offline - Market size and forecast 2024-2029
- Chart on Offline - Market size and forecast 2024-2029 ($ million)
- Data Table on Offline - Market size and forecast 2024-2029 ($ million)
- Chart on Offline - Year-over-year growth 2024-2029 (%)
- Data Table on Offline - Year-over-year growth 2024-2029 (%)
8.4 Online - Market size and forecast 2024-2029
- Chart on Online - Market size and forecast 2024-2029 ($ million)
- Data Table on Online - Market size and forecast 2024-2029 ($ million)
- Chart on Online - Year-over-year growth 2024-2029 (%)
- Data Table on Online - Year-over-year growth 2024-2029 (%)
8.5 Market opportunity by Channel
- Market opportunity by Channel ($ million)
- Data Table on Market opportunity by Channel ($ million)

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 ($ million)
- Data Table on Compact car - Market size and forecast 2024-2029 ($ million)
- Chart on Compact car - Year-over-year growth 2024-2029 (%)
- Data Table on Compact car - Year-over-year growth 2024-2029 (%)
9.4 Mid size - Market size and forecast 2024-2029
- Chart on Mid size - Market size and forecast 2024-2029 ($ million)
- Data Table on Mid size - Market size and forecast 2024-2029 ($ million)
- Chart on Mid size - Year-over-year growth 2024-2029 (%)
- Data Table on Mid size - Year-over-year growth 2024-2029 (%)
9.5 SUV - Market size and forecast 2024-2029
- Chart on SUV - Market size and forecast 2024-2029 ($ million)
- Data Table on SUV - Market size and forecast 2024-2029 ($ million)
- Chart on SUV - Year-over-year growth 2024-2029 (%)
- Data Table on SUV - Year-over-year growth 2024-2029 (%)
9.6 Market opportunity by Vehicle Type
- Market opportunity by Vehicle Type ($ million)
- Data Table on Market opportunity by Vehicle Type ($ million)

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 ($ million)
- Data Table on Petrol - Market size and forecast 2024-2029 ($ million)
- 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 ($ million)
- Data Table on Diesel - Market size and forecast 2024-2029 ($ million)
- 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 ($ million)
- Data Table on Others - Market size and forecast 2024-2029 ($ million)
- 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 ($ million)
- Data Table on Market opportunity by Type ($ million)

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 Bayerische Motoren Werke AG
- Bayerische Motoren Werke AG - Overview
- Bayerische Motoren Werke AG - Business segments
- Bayerische Motoren Werke AG - Key news
- Bayerische Motoren Werke AG - Key offerings
- Bayerische Motoren Werke AG - Segment focus
- SWOT
14.5 Big Boy Toyz Pvt. Ltd.
- Big Boy Toyz Pvt. Ltd. - Overview
- Big Boy Toyz Pvt. Ltd. - Product / Service
- Big Boy Toyz Pvt. Ltd. - Key offerings
- SWOT
14.6 Cars24 Services Pvt. Ltd.
- Cars24 Services Pvt. Ltd. - Overview
- Cars24 Services Pvt. Ltd. - Product / Service
- Cars24 Services Pvt. Ltd. - Key offerings
- SWOT
14.7 CarWale India
- CarWale India - Overview
- CarWale India - Product / Service
- CarWale India - Key offerings
- SWOT
14.8 Droom Technology Pvt. Ltd.
- Droom Technology Pvt. Ltd. - Overview
- Droom Technology Pvt. Ltd. - Product / Service
- Droom Technology Pvt. Ltd. - Key offerings
- SWOT
14.9 Girnar software Pvt. Ltd.
- Girnar software Pvt. Ltd. - Overview
- Girnar software Pvt. Ltd. - Product / Service
- Girnar software Pvt. Ltd. - Key offerings
- SWOT
14.10 Honda Motor Co. Ltd.
- Honda Motor Co. Ltd. - Overview
- Honda Motor Co. Ltd. - Business segments
- Honda Motor Co. Ltd. - Key news
- Honda Motor Co. Ltd. - Key offerings
- Honda Motor Co. Ltd. - Segment focus
- SWOT
14.11 Hyundai Motor Co.
- Hyundai Motor Co. - Overview
- Hyundai Motor Co. - Business segments
- Hyundai Motor Co. - Key news
- Hyundai Motor Co. - Key offerings
- Hyundai Motor Co. - Segment focus
- SWOT
14.12 Mahindra and Mahindra Ltd.
- Mahindra and Mahindra Ltd. - Overview
- Mahindra and Mahindra Ltd. - Business segments
- Mahindra and Mahindra Ltd. - Key news
- Mahindra and Mahindra Ltd. - Key offerings
- Mahindra and Mahindra Ltd. - Segment focus
- SWOT
14.13 NASPERS Ltd.
- NASPERS Ltd. - Overview
- NASPERS Ltd. - Business segments
- NASPERS Ltd. - Key offerings
- NASPERS Ltd. - Segment focus
- SWOT
14.14 Quikr India Pvt. Ltd.
- Quikr India Pvt. Ltd. - Overview
- Quikr India Pvt. Ltd. - Product / Service
- Quikr India Pvt. Ltd. - Key offerings
- SWOT
14.15 Suzuki Motor Corp.
- Suzuki Motor Corp. - Overview
- Suzuki Motor Corp. - Business segments
- Suzuki Motor Corp. - Key offerings
- Suzuki Motor Corp. - Segment focus
- SWOT
14.16 The VAISHNO MOTOR CO.
- The VAISHNO MOTOR CO. - Overview
- The VAISHNO MOTOR CO. - Product / Service
- The VAISHNO MOTOR CO. - Key offerings
- SWOT
14.17 Toyota Motor Corp.
- Toyota Motor Corp. - Overview
- Toyota Motor Corp. - Business segments
- Toyota Motor Corp. - Key news
- Toyota Motor Corp. - Key offerings
- Toyota Motor Corp. - Segment focus
- SWOT
14.18 Valuedrive Technologies Pvt Ltd.
- Valuedrive Technologies Pvt Ltd. - Overview
- Valuedrive Technologies Pvt Ltd. - Product / Service
- Valuedrive Technologies Pvt Ltd. - 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