Global Used-car Trading E-commerce Market 2024 by Company, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global Used-car Trading E-commerce market size was valued at USD million in 2023 and is forecast to a readjusted size of USD million by 2030 with a CAGR of % during review period.
E-commerce in automotive is starting to penetrate spare parts and vehicle purchases, with implications for OEMs, dealers, LSPs and customers
In the early days of eBay and Amazon, consumers marvelled at their own boldness. Buying on the internet was a step into the unknown: sending money to strangers to purchase items that they hadn’t seen and couldn’t touch. Fifteen years on, e-commerce no longer seems so alien. Checks and balances serve to keep buyers and sellers honest while transaction feedback mechanisms reinforce good behaviour.
That said, e-commerce remains the exception for the second largest purchase many consumers will make, after their house or apartment: a new, or nearly new, car.
According to International Telecommunication Union (ITU), the global Internet users (online population) were more than 5 billion. And the number of online shoppers was also increasing. In 2022, the global e-commerce market penetration rate increased to 19.7%, and the e-commerce market reached $5.5 trillion. At the same time, the Asian e-commerce market ranked at the top of the revenue ranking, which has reached $1.8 trillion. According to the National Bureau of Statistics, China was the largest online retail market in 2022, with online retail sales of 13.79 trillion yuan and a year-on-year increase of 4%. Among them, the online retail sales of physical goods were 11.96 trillion yuan, with a year-on-year increase of 6.2%, which accounted for 27.2% of the total retail sales of consumer goods.
The Global Info Research report includes an overview of the development of the Used-car Trading E-commerce industry chain, the market status of Sedan (0-10 K USD, 10-20 K USD), SUV (0-10 K USD, 10-20 K USD), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Used-car Trading E-commerce.
Regionally, the report analyzes the Used-car Trading E-commerce markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Used-car Trading E-commerce market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Used-car Trading E-commerce market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Used-car Trading E-commerce industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., 0-10 K USD, 10-20 K USD).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Used-car Trading E-commerce market.
Regional Analysis: The report involves examining the Used-car Trading E-commerce market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Used-car Trading E-commerce market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Used-car Trading E-commerce:
Company Analysis: Report covers individual Used-car Trading E-commerce players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Used-car Trading E-commerce This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Sedan, SUV).
Technology Analysis: Report covers specific technologies relevant to Used-car Trading E-commerce. It assesses the current state, advancements, and potential future developments in Used-car Trading E-commerce areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Used-car Trading E-commerce market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Used-car Trading E-commerce market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Market segment by Type
0-10 K USD
10-20 K USD
20-30 K USD
Above 30 K USD
Market segment by Application
Sedan
SUV
Commercial Vehicle
Others
Market segment by players, this report covers
CarMax Inc
AutoNation Inc
Carvana
Penske Automotive Group
Sonic Automotive Inc
Van Tuyl Group
Group 1 Automotive Inc
Asbury Automotive Group
Hendrick Automotive Group
Lithia Motors Inc
Larry H. Miller Group of Cos
AutoTrader
CarsDirect
Autolist
CarGurus
AutoTempest
Kelley Blue Book
Car enthusiast Forums
TrueCar
Instamotor
Cars.com, Inc
iSeeCars
Guazi.com
UXIN GROUP
Renrenche.com
Hemmings
Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Used-car Trading E-commerce product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Used-car Trading E-commerce, with revenue, gross margin and global market share of Used-car Trading E-commerce from 2019 to 2024.
Chapter 3, the Used-car Trading E-commerce competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2019 to 2030.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Used-car Trading E-commerce market forecast, by regions, type and application, with consumption value, from 2025 to 2030.
Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Used-car Trading E-commerce.
Chapter 13, to describe Used-car Trading E-commerce research findings and conclusion.