Malaysia Used Vehicle Market Research Report to 2025: 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 Malaysia Used Vehicle Market is positioned? Malaysia was ranked 44th globally in terms of motorization level. With a population of around 30 million, the ownership status in Malaysia is 341 cars per 1,000 people in the year 2014. The growth in Malaysia Used Vehicle Market is primarily driven by the faster car replacement rate, growing working population and increasing number of government policies with respect to EEV and ELV policies. The sales volume of the used vehicles increased significantly at a CAGR of ~% during the period 2013-2018. Malaysia used the vehicle market is highly fragmented with a maturity stage as compared to other matured markets such as Europe, the US, and India. The competition in the market is highly fragmented with around ~ organized and unorganized dealership outlets of used cars in Malaysia. Used cars are typical ~% to ~% more inexpensive than their brand new counterparts, with the price normally falling by ~% to ~% of depreciation every year. Malaysia used Vehicle market size has increased from the sale of ~ units in the year 2013 to the sale of ~ units during the year 2018. The Used to New Car ratio in Malaysia increased significantly from ~ in 2013 to ~ during the year 2018. Revenue generated from Malaysia’s used vehicle market has gradually increased during this period. It was MYR ~ billion in the year 2013 which further increased to MYR ~ billion in the year 2018. The replacement rate of a used vehicle in Malaysia was observed to be ~ years during the year 2018. However, it is expected to reduce to ~ years by the end of 2025. How Malaysia Used Vehicle Market Segment? By Type of Distribution Channel In Malaysia, the used vehicle market is highly fragmented with close ~ Used Vehicle dealers. Organized players are very less. Unorganized Dealers in Malaysia are very large in number present in different locations in Malaysia. Malaysia Used Vehicle Market in terms of sales volume was largely dominated by Unorganized Dealers accounting a share of ~% in the year 2018. On the other hand, organized dealer’s sales accounted for the reaming share of ~% in 2018. By Type of Vehicle Sale of Sedans comprised of the highest market share in the sale volume of used vehicles in Malaysia during the year 2018. Percentage sale of sedans in Malaysia has been accounted for as ~ % during the year 2018 followed by SUVs that accounted for ~% market share in 2018. The SUV segment observed a CAGR of ~% for the period 2013-2018. Hatchbacks were the third most preferable vehicle category with ~% market share in terms of sales volume from this segment as they are mostly preferred by the young generation and small size families. By Vehicle Age The average vehicle age in Malaysia was observed to be ~ years in 2013. However, it declined over the years and changed to ~ years during the period 2013-2018. Sale of used vehicles within the age bracket of 5-8 years accounted for ~% share during the year 2013. However, the average replacement rate over the years is reducing in Malaysia which will lead to a further shift in 3-5 years of age bracket by the end of 2030E. By City Kuala Lumpur accounted for the highest percentage share in terms of sales volume of ~% during the year 2018. The high market share was largely due to the ~% of the population in Malaysia that solely depends on passenger cars. Selangor can take the highest percentage share in the future due to the growing number of employed individuals in this region. The current sales volume share is recorded at ~% during the year 2018. By Price Range The price range of MYR 30,000 – MYR 50,000 holds ~% of the market share in terms of sales volume among all the price ranges. This is largely due to the affordability of the middle-class population that prefers buying a used vehicle over a new vehicle. Sedans and Hatchback are the most popular car models preferred by Malaysians. The price range of these body type vehicles lies in the range of MYR 30,000 to MYR 50,000. By Brand Perodua brand accounted for ~% of market share in terms of sales volume which is the highest among all the brands during the year 2018. Toyota and Honda have a high penetration rate and are considered as the hot-selling brands by the people of Malaysia. Nissan accounted for ~% of the market share as it generally constitutes MPVs and Sedans type of cars. How is The Competitive Landscape of Used Vehicle Market in Malaysia? Used Vehicle Market in Malaysia is highly fragmented with the presence of around ~ dealers across all the cities in Malaysia. Online Auto-Classifieds has a highly concentrated space with the presence of six major companies capturing almost ~% share among the online auto classified companies present in Malaysia used Vehicle market during the year 2018. What is the Future Outlook and Projections for Malaysia Used Vehicle Market? The Gross Transaction Value (GTV) generated from the sale of used cars in Malaysia is projected to augment from MYR ~ billion in 2018 to MYR ~ billion by the year ending 2025 at a CAGR of ~ % during the period 2018-2025E. This is largely due to the increasing average ticket size of the used car with respect to certain government policies such as EEV and ELV coming up during this period. The used car market in Malaysia is anticipated to increase from sale of ~ thousand units in 2018 to sale of ~ thousand units by the end of 2025E at a CAGR of ~ % during the period 2018-2025E. Key Segments Covered:- By Distribution Channel Organized Dealers Multi Brand Retailers Direct Dealership Sales Agent Unorganized Dealers By Mode of Selling Online Dealership Walk-Ins By Type of Vehicle Sedans Hatchback 4WD/SUVs MPVs LCV Others By Vehicle Age 0 – 3 Years 3 – 5 Years 5 – 8 Years More than 8 Years By City Kuala Lumpur Selengor Johor Perak Others By Price Range MYR 0 – MYR 30,000 MYR 30,000 – MYR 50,000 MYR 50,000 – MYR 70,000 MYR 70,000 – MYR 90,000 More than MYR 90,000 By Brand Perodua Toyota Honda Proton Nissan Others Key Target Audience OEM’S Companies Multi Brand Dealers Captive Dealers Venture Capitalist Firms Government/ Regulatory Authorities Online Auto-Classifieds Time Period Captured in the Report: Historical Period: 2013-2018 Forecast Period: 2019E-2025E Companies Covered: Major Online Players in Malaysia Carlist Mudah Motor Trader We Motor MyMotor Autocari myTukar CarlistBid Major Captive Dealers: Toyota TopMark Perodua Pre-Owned BMW Premium Selection Multi-Brand Dealers Public Auto World Enterprises Keong Heng Auto East 28 Motors Puncak Auto Enterprises Yap’s Auto Car City ML Advance Auto Seller Global Wheels Automotive Key Topics Covered in the Report:- Malaysia Used Vehicle Market Introduction (Overview, Genesis, Business Cycle) Malaysia Used Vehicle Market Ecosystem Malaysia Used Vehicle Market Business Model Used Vehicle Market Size Malaysia Malaysia Used Vehicle Auto Finance Malaysia Used Vehicle Market Segmentation Trends and Developments in Malaysia Used Vehicle Market Issues and Challenges in Malaysia Used Vehicle Market Malaysia Used Vehicle Market Regulations SWOT Analysis Malaysia Used Vehicle Buying Decision Parameters in Malaysia Used Vehicle Market Malaysia Used Vehicle Market Competition Scenario Malaysia Used Vehicle Market Future Projection, 2018-2025E Future Outlook of Malaysia Used Vehicle Market Segmentations, 2018-2025E Analyst Recommendations For More Information on the Research Report, refer to below links: – Malaysia Used Vehicle Market Related Reports by Ken Research China Used Vehicle Market Outlook to 2022 – by Type of Vehicle (Sedans, SUVs, Micro Vans, MPVs, Trucks, Buses, Cross Type Vehicles, Trailers, Motor Cycles, and Low-Speed Trucks), by Vehicle Age, by Distribution Channels, by Region, by Price of Vehicle Indonesia Used Car Market Outlook to 2023 – Rising Popularity of Online Platforms and Reduction in Average Ownership Period to Drive Used Car Sales UAE Used Car and Auto Classified Market Outlook to 2022 – By Revenue Streams (Commission, Paid Listings, Banner Advertisement), By Export and Domestic Sales Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications support@kenresearch.com +91-9015378249 Tags: Business Model Toyota TopMark, Car Replacement Rate Malaysia, Carlist Business Model Malaysia, Dealers Commission Margin Malaysia Used Vehicle, ELV Policy Malaysia, Major Players Malaysia Used Vehicle Market, Malaysia Car Ownership, Malaysia Online Auto-Classified Business Model, Malaysia Pre Owned Vehicle Market, Malaysia Second Hand Vehicle Market, Malaysia Used Car Registration Process, Malaysia Used Vehicle Average Price, Malaysia Used Vehicle Industry, Malaysia Used Vehicle Industry Research Report, Malaysia Used Vehicle Market, Malaysia Used Vehicle Market Forecast, Malaysia Used Vehicle Market Issues and Challenges, Malaysia Used Vehicle Market Opportunities, Malaysia Used Vehicle Market Outlook Future Outlook, Malaysia Used Vehicle Market Research Report, Malaysia Used Vehicle Market Segmentation, Malaysia Used Vehicle Market Share, Malaysia Used Vehicle Market Stage, Malaysia Used Vehicle Market SWOT, Malaysia Used Vehicle Market Threats, Malaysia Used Vehicle Sales, Malaysia Used Vehicle Trends, Malaysia Used Vehicle Warranty, Perodua Used Car Sales Malaysia, Pre Owned Vehicle Sales Malaysia, Second Hand Vehicle Sales Malaysia, Used Car Sales Toyota Malaysia, Used Cars Sales Kuala Lumpur, Used to New Car Ratio Malaysia, Used Vehicle Captive Dealers Malaysia, Used Vehicle Market, Used Vehicle Market Value Chain Malaysia, Used Vehicle Online Dealers Malaysia, Used Vehicle Sales Malaysia, Used Vehicle Warranty Malaysia