Present Day to 2021 Indian Used Car Market Outlook

June 27, 2016: JSB Market Research include a latest Report “Present day to 2021 Indian Used Car Market Outlook” The used car business provides add-on value to car manufacturers by increasing footfall in showrooms from customers looking for good deals on new cars through exchange programs and loyalty.

This report presents a detailed view of India’s used car market within 6 tier 1 cities. Comprehensive analyses of market value and car sales by fuel type, transmission, organisational structure and distribution channel are given. The report also incorporates the market share analysis and company profiles of major players along with trends and projected developments. Analysis providing insights on consumer preference and behaviour, especially in the online segment of the market, is also discussed.

The used car market in India is growing at xxx percent per year and is expected to double within five years. The total market size was approximately xxx million units in 2015, with xxx% sold through the organised market. Overall, the pre-owned car market is dominated by the unorganised sector with about xxxx % of the share. However, it is expected the organised market will increase its share in the coming years, especially in the luxury segment. In addition to organised players, a large number of deals are completed through agents, car fairs, online portals and owner-to-owner transactions.

This report covers detailed analysis of the market in terms of segment, region and powertrain classification. While the small car segment shows significant growth compared to other car segments, the other areas do show potential. Each section in the report provides a brief explanation of current and future market trends and developments in the Indian used car market. Our research foresees immense opportunities for various domestic and international players, such as: Maruthi True Value, Mahindra First Choice, and Hyundai Advantage.

Indian car owners are maturing and now want to...