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Global Used Vehicles

Publisher GlobalData
Published Nov 06, 2025
Length 51 Pages
SKU # GBDT20865608

Description

Global Used Vehicles

Summary

Global Used Vehicles industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • The used vehicles market refers to the buying and selling of pre-owned automobiles. This market includes a wide range of vehicles, from cars and trucks to motorcycles and vans, that have had previous owners. It encompasses transactions between individuals, dealerships, and online platforms. The market scope excludes used military trucks and second-hand electric vehicles. Additionally, it does not encompass the unorganized market. Market volume refers to the total number of used vehicles sold within a given year. Market value is calculated by multiplying the average selling price by the number of used vehicles sold.
  • The global used vehicles market recorded revenues of $2,818.5 billion in 2024, representing a compound annual growth rate (CAGR) of 1.0% between 2019 and 2024.
  • Market consumption volume increased with a CAGR of 1.8% between 2019 and 2024, reaching a total of 122.6 million units in 2024.
  • The global used vehicles market recorded for an annual growth of 1.8% in 2024. The growth is driven by a rise in the inflation rate. According to the National Statistics Institute (INE), in May 2024, the inflation rate in Spain increased by 3.6%.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the used vehicles market in the global
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global used vehicles market
  • Leading company profiles reveal details of key used vehicles market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Global used vehicles market with five year forecasts by both value and volume
Reasons to Buy
  • What was the size of the Global used vehicles market by value in 2024?
  • What will be the size of the Global used vehicles market in 2029?
  • What factors are affecting the strength of competition in the Global used vehicles market?
  • How has the market performed over the last five years?
  • Who are the top competitors in the global's used vehicles market?

Table of Contents

51 Pages
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market rivalry
1.8. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What are the strategies of the leading players?
7.3. What are the recent developments in the market?
8 Company Profiles
8.1. Carvana Co
8.2. CarMax Inc
8.3. AutoNation Inc
8.4. Lookers Ltd
8.5. Vroom Inc
8.6. Uxin Ltd
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related GlobalData research
10.4. About GlobalData
List of Tables
Table 1: Global used vehicles market value: $ billion, 2019–24
Table 2: Global used vehicles market volume: million units, 2019–24
Table 3: Global used vehicles market category segmentation: % share, by value, 2019–24
Table 4: Global used vehicles market category segmentation: $ billion, 2019-24
Table 5: Global used vehicles market geography segmentation: $ billion, 2024
Table 6: Global used vehicles market value forecast: $ billion, 2024–29
Table 7: Global used vehicles market volume forecast: million units, 2024–29
Table 8: Carvana Co: Key Facts
Table 9: Carvana Co: annual financial ratios
Table 10: Carvana Co: key employees
Table 11: CarMax Inc: Key Facts
Table 12: CarMax Inc: annual financial ratios
Table 13: CarMax Inc: key employees
Table 14: AutoNation Inc: Key Facts
Table 15: AutoNation Inc: annual financial ratios
Table 16: AutoNation Inc: key employees
Table 17: Lookers Ltd: Key Facts
Table 18: Lookers Ltd: key employees
Table 19: Vroom Inc: Key Facts
Table 20: Vroom Inc: annual financial ratios
Table 21: Vroom Inc: key employees
Table 22: Uxin Ltd: Key Facts
Table 23: Uxin Ltd: annual financial ratios
Table 24: Uxin Ltd: key employees
Table 25: Global Exchange Rate, 2019–24
List of Figures
Figure 1: Global used vehicles market value: $ billion, 2019–24
Figure 2: Global used vehicles market volume: million units, 2019–24
Figure 3: Global used vehicles market category segmentation: $ billion, 2019-24
Figure 4: Global used vehicles market geography segmentation: % share, by value, 2024
Figure 5: Global used vehicles market value forecast: $ billion, 2024–29
Figure 6: Global used vehicles market volume forecast: million units, 2024–29
Figure 7: Forces driving competition in the global used vehicles market, 2024
Figure 8: Drivers of buyer power in the global used vehicles market, 2024
Figure 9: Drivers of supplier power in the global used vehicles market, 2024
Figure 10: Factors influencing the likelihood of new entrants in the global used vehicles market, 2024
Figure 11: Factors influencing the threat of substitutes in the global used vehicles market, 2024
Figure 12: Drivers of degree of rivalry in the global used vehicles market, 2024

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