Used Car Market 2025 Predictions In India. Used Car Market 2024 Predictions Nse Holly Laureen The used car market in India is growing at a steady pace owing to the rising consumer demand and the growing digitalization. The COVID-19 pandemic had a minimal impact on the industry.
Used Car Market Industry Insights, Trends, and Forecast from www.econmarketresearch.com
The hatchbacks segment accounted for the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period The growth is mainly due to the rising internet penetration, which makes information on used cars easily available.
Used Car Market Industry Insights, Trends, and Forecast
The Indian used car market size stood at USD 5,621.4 million in 2023, and it is expected to grow at a CAGR of 12.1% during 2024-2030, to reach USD 12,417.6 million by 2030 India Used Car Market Size is Anticipated to Reach USD 114.10 Billion by 2033, growing at a CAGR of 15.18% from 2023 to 2033. The hatchbacks segment accounted for the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period
Used Car Market Industry Insights, Trends, and Forecast. The Indian used car market size stood at USD 5,621.4 million in 2023, and it is expected to grow at a CAGR of 12.1% during 2024-2030, to reach USD 12,417.6 million by 2030 This expansion is fueled by increasing affordability compared to new cars, a wider variety of choices across vehicle types (hatchbacks, sedans, SUVs), and the.
Will Used Car Prices Drop In 2025 In India Carry Crystal. The growth is mainly due to the rising internet penetration, which makes information on used cars easily available. Base Year: 2024 Historical Years: 2019-2024 Forecast Years: 2025-2033 Market Growth Rate: 12.30% (2025-2033)