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New Cars in Asia-Pacific

Publisher MarketLine
Published Sep 04, 2025
Length 49 Pages
SKU # MTLN20645437

Description

New Cars in Asia-Pacific

Summary

New Cars in Asia-Pacific industry profile provides top-line qualitative and quantitative summary information including: market size (value 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
  • New cars market includes retail sales/registrations of new passenger cars. The scope of passenger cars covers saloons, hatchbacks, SUVs, 4x4s, and light pickup vehicles. Market volume refers to the total number of cars sold in a year, while market value is calculated by multiplying the average retail selling price with the market volume.
  • The Asia-Pacific new cars market recorded revenues of $1,090.1 billion in 2024, representing a compound annual growth rate (CAGR) of 2.0% between 2019 and 2024.
  • Market consumption volume increased with a CAGR of 1.4% between 2019 and 2024, reaching a total of 36,812,181.0 units in 2024.
  • In 2024, the Asia-Pacific new cars market grew by 1.0% annually, fueled by increased per capita disposable income. According to the Chinese National Bureau of Statistics (NBS), in 2024, the per capita disposable income in China reached CNY41,314 ($5,740.2), reflecting a 5.3% nominal increase from 2023. This rise in income has positively influenced consumer purchasing power and the demand for new cars.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the new cars market in Asia-Pacific
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the new cars market in Asia-Pacific
  • Leading company profiles reveal details of key new cars market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Asia-Pacific new cars market with five year forecasts
Reasons to Buy
  • What was the size of the Asia-Pacific new cars market by value in 2024?
  • What will be the size of the Asia-Pacific new cars market in 2029?
  • What factors are affecting the strength of competition in the Asia-Pacific new cars market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Asia-Pacific's new cars market?

Table of Contents

49 Pages
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Geography segmentation
1.6. Market share
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. 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. Market share
7.2. Who are the leading players?
7.3. What are the strategies of the leading players?
7.4. What are the strengths of the leading players?
7.5. What have been the most recent market developments?
8 Company Profiles
8.1. Toyota Motor Corp
8.2. Volkswagen AG
8.3. Suzuki Motor Corp
8.4. Hyundai Motor Co
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: Asia-Pacific new cars market value: $ billion, 2019-24
Table 2: Asia-Pacific new cars market volume: units, 2019-24
Table 3: Asia-Pacific new cars market geography segmentation: $ billion, 2024
Table 4: Asia-Pacific new cars market value forecast: $ billion, 2024-29
Table 5: Asia-Pacific new cars market volume forecast: units, 2024-29
Table 6: Asia-Pacific new cars market share: % share, by volume, 2024
Table 7: Toyota Motor Corp: Key Facts
Table 8: Toyota Motor Corp: Annual Financial Ratios
Table 9: Toyota Motor Corp: Key Employees
Table 10: Volkswagen AG: Key Facts
Table 11: Volkswagen AG: Annual Financial Ratios
Table 12: Volkswagen AG: Key Employees
Table 13: Volkswagen AG: Key Employees Continued
Table 14: Suzuki Motor Corp: Key Facts
Table 15: Suzuki Motor Corp: Annual Financial Ratios
Table 16: Suzuki Motor Corp: Key Employees
Table 17: Suzuki Motor Corp: Key Employees Continued
Table 18: Hyundai Motor Co: Key Facts
Table 19: Hyundai Motor Co: Annual Financial Ratios
Table 20: Hyundai Motor Co: Key Employees
Table 21: Hyundai Motor Co: Key Employees Continued
Table 22: Asia-Pacific Exchange Rate, 2019-24
List of Figures
Figure 1: Asia-Pacific new cars market value: $ billion, 2019-24
Figure 2: Asia-Pacific new cars market volume: units, 2019-24
Figure 3: Asia-Pacific new cars market geography segmentation: % share, by value, 2024
Figure 4: Asia-Pacific new cars market value forecast: $ billion, 2024-29
Figure 5: Asia-Pacific new cars market volume forecast: units, 2024-29
Figure 6: Forces driving competition in the new cars market in Asia-Pacific, 2024
Figure 7: Drivers of buyer power in the new cars market in Asia-Pacific, 2024
Figure 8: Drivers of supplier power in the new cars market in Asia-Pacific, 2024
Figure 9: Factors influencing the likelihood of new entrants in the new cars market in Asia-Pacific, 2024
Figure 10: Factors influencing the threat of substitutes in the new cars market in Asia-Pacific, 2024
Figure 11: Drivers of degree of rivalry in the new cars market in Asia-Pacific, 2024
Figure 12: Asia-Pacific new cars market share: % share, by volume, 2024

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