Global Used-car Trading E-commerce Market Growth (Status and Outlook) 2023-2029

Global Used-car Trading E-commerce Market Growth (Status and Outlook) 2023-2029

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.

LPI (LP Information)' newest research report, the “Used-car Trading E-commerce Industry Forecast” looks at past sales and reviews total world Used-car Trading E-commerce sales in 2022, providing a comprehensive analysis by region and market sector of projected Used-car Trading E-commerce sales for 2023 through 2029. With Used-car Trading E-commerce sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Used-car Trading E-commerce industry.

This Insight Report provides a comprehensive analysis of the global Used-car Trading E-commerce landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Used-car Trading E-commerce portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Used-car Trading E-commerce market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Used-car Trading E-commerce and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Used-car Trading E-commerce.

The global Used-car Trading E-commerce market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Used-car Trading E-commerce is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Used-car Trading E-commerce is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Used-car Trading E-commerce is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Used-car Trading E-commerce players cover CarMax Inc, AutoNation Inc, Carvana, Penske Automotive Group, Sonic Automotive Inc, Van Tuyl Group, Group 1 Automotive Inc, Asbury Automotive Group and Hendrick Automotive Group, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Used-car Trading E-commerce market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
0-10 K USD
10-20 K USD
20-30 K USD
Above 30 K USD

Segmentation by application
Sedan
SUV
Commercial Vehicle
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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

Please note: The report will take approximately 2 business days to prepare and deliver.