Indonesia Used Car Industry Outlook To 2021: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit How have been the Performance of Indonesia’s Used Car Industry? Decades ago, the used car market in Indonesia was dominated by unorganized players including self-appointed used car dealers, car owners and roadside mechanics that were not certified by the government. Word-of-mouth advertising was one of the main marketing channels and no major companies were operating in the used car space. The lack of organized players in the used car business meant low choice and information asymmetry for buyers. While the conventional system of buyers meeting sellers face-to-face in the marketplace is still the dominant practice in society, more Indonesians are seeing the online market as a great alternative means for making purchases. The gross transaction value (GTV) of the used car industry inclined to USD billion during 2016 from USD ~ billion during 2011, achieving a CAGR of ~% during 2011-2016. The sales of used cars inclined from ~ units in 2011 to ~ units during 2016, achieving a CAGR of ~% during 2011-2016. The gross transaction value generated from unorganized segment stood at USD ~ million during 2016, which has contributed ~% to overall used car transaction value during the same period. The unorganized sector witnessed total sales of ~ units of used cars during 2016, contributing ~% to overall used car sales during the same period. Market Share of Major Players OLX achieved a share of approximately ~% of overall online sales of used cars which was evaluated to be ~ units during 2016. The website first came into existence in 2005 with the name tokobagus.com as the biggest online trading center in Indonesia with around ~ million visits per day. Carmudi achieved a share of ~% of overall used car sales online during 2016 which were evaluated to be ~ units during the same period. Carmudi works similar to OLX, however; the company brings buyers and sellers together and transact between new and used cars only. The company came into existence in 2013 in Germany and entered the used car market in Indonesia during 2014. Apart from online sales, the company also has a strong offline presence established in Jakarta and subsidiaries in Bandung, Semarang, Medan and Makassar. Mobil88 achieved a share of around ~% in terms of online sales of used car in 2016, totaling to a mere ~ units during the same period. Mobil88 has a stronger offline presence and has recently started building its presence in the online market. Due to this, the company has ~ active listings as on December, 2016. Future Outlook for Indonesia Used Car Industry The Gross Transaction Value (GTV) generated from the sale of used cars in Indonesia is projected to augment to USD ~ million during 2011 from ~ million during 2017. The sale of new cars is estimated to increase from ~ units during 2017 to ~ million units during 2019 due to increased sale of economy cars and hatchbacks. The sale of used cars is projected to augment to ~ units by 2021, achieving a CAGR of ~% during the period 2017-2021. The reduction in ownership pattern will cause influx of a wide variety of car models into the used car industry, giving customers more choice while purchasing used cars. The sale of used cars through local dealers is estimated to augment to ~ units by 2020, contributing ~% to overall sales during the same period. The sale of used cars through online auto portals is estimated to stand at ~ units during 2021, contributing ~% to overall used car sales during the same period. The increasing internet penetration will be the primary force driving sales through this marketing channel. Online auto portals help buyers understand the prevailing (maximum and minimum) price for their desired car. The sale of used cars through multi-brand car showrooms is estimated to increase to ~ units by 2021, contributing ~% to overall used car sales during the same period. The sale of used cars from dealers to customers and car owners to potential buyers through word of mouth, newspaper advertisements and magazine classifieds is projected to increase to ~ units during 2021, contributing ~% to overall used car sales during the same period Companies Cited in the Report List of Companies Companies Covered in the Report OLX Carmudi.com Oto.com Major Players Mobil88 Mobil123.com Key Factors Considered in the Report Value Chain Analysis in Indonesia Used Car Industry Indonesia Used Car Market Size on the basis of Gross Transaction Value and Sales Volume Market Structure (organized/Unorganized) in Indonesia Used Car Industry Market Segmentation of Indonesia Used Car Industry on the basis of type of used car, marketing channels, major cities, year of manufacture, vehicle use and other Customer profile in Indonesia Used Car Market on the basis of Age Group, Income and Gender Government Regulation in Indonesia Used Car Market Financing options and Schemes available to potential buyers in Indonesia Used Car Market Market Share of Major Players in Indonesia Used Car Market The various Business Models prevalent in Indonesia Used Car Market Competitive Landscape of Major Players in Indonesia Used Car Market Trends and Developments in Indonesia Used Car Market Issues and Challenges in Indonesia Used Car Market Decision Making Process for Buying a Used Car in Indonesia Indonesia Used Car Market Future Outlook and Projections on the basis of Gross Transaction Value and Sales Volume For more information about the publication, refer to below link: – Business Outlook of Indonesia Used Car Market Related Reports by Ken Research: – Malaysia Used Car Market Outlook To 2026F Philippines Used Car Market Outlook To 2026 Tags: Challanges in Indonesia Used Car Market, Competitors in Indonesia Used Car Market, Future Growth of Indonesia Used Car Market, Future Of Indonesia Used Car Market, Indonesia Pre-Owned Car Market, Indonesia Second Hand Car Market, Indonesia Used Car Industry, Indonesia Used Car Market, Indonesia Used Car Market Emerging Players, Indonesia Used Car Market Leaders, Indonesia Used Car Market Major Players, Indonesia Used Car Sector, Investment in Indonesia Used Car Market, Leading Players in Indonesia Used Car Market, Major Dealers in Indonesia Used Car Market, New Entrance in Indonesia Used Car Market, Online Plateforms in Used Car Market, Pre-Owned Car Market, Second Hand Car Market, Startups in Indonesia Used Car Market, Top Companies in Indonesia Used Car Market, Used Car industry, Used Car Market, Used Car Sales Growth and Revenue in Indonesia, Used Car Sector