Online Used Two Wheeler Market In India Future Outlook: 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 The online used two wheeler market has been emerging with the rise in the popularity of e-commerce platforms in the country. Online platforms such as Flipkart, Amazon, and Snapdeal have enabled Indian users to trust online platforms and make high-value transactions online using their debit/credit cards and net banking. The growth of online advertising, which has fuelled the rise of online classified platforms such as Droom, OLX, Quikr, and others has revolutionized the way in which pre-owned vehicles have been sold in the country. The online used two-wheeler market grew from INR ~ Crores in FY’2018 to INR ~ Crore in FY’2020. With the growth in the number of vehicles sold online, these players not only witnessed a sharp growth in marketplace revenue but also from other sources including advertisements, subscriptions, and other value-added services. Comparative Landscape In India Used Two Wheeler Market India used a two-wheelers market competition structure that was observed to be highly fragmented with the presence of a large number of local dealers, small mechanics, and individual sellers, thus making ~ % unorganized market space in the FY’2020. ~ % of the used two-wheelers market in terms of sales volume was observed to be unorganized which comprises individual sellers, local mechanics, and small dealerships. Whereas the remaining ~ % of the market constitutes the organized players such as Droom, Honda Best Deal, CredR, BikeDekho.com, Mahindra First Choice Wheels Limited (MFCWL), and others. Certification and authentication, brand, price, mileage and performance, engine quality/power, and a total number of dealers are some of the critical parameters on the basis of which companies compete in the organized segment. Franchise Model Need for Franchise Model: Widening Reach à Automotive companies focusing on expanding reach (online & offline) for customers to access the branches near them & therefore connect better. With demand increasing from Tier 2 and Tier 3 cities, it becomes difficult to establish showrooms therefore franchisee model becomes more cost-effective Impact Of COVID On India Used Two Wheeler Market A sudden spike in demand post lockdown can be attributed to consumers shifting from market segments of new bikes/shared mobility to used vehicles; majorly observed in Tier 1 & Tier 2 cities. While a surge in demand was seen during Unlock 1, an increase in supply was not seen Owing to cash crunch, people retained their vehicles thereby avoiding shifting to new vehicle purchase for a while India Used Two Wheeler Market Future Outlook And Projections India Used Two Wheeler Market is expected to grow in the coming years as used vehicles are much cheaper to purchase than a new one, since the introduction of BS-VI Standards. Projections for the future suggest that the overall market for used two-wheelers in India is likely to showcase a vibrant growth from ~ million units of sales volume in FY’2020 to ~ million units of sales volume in FY’2025. Individuals mostly in smaller cities and towns who wish to own a vehicle begin with buying a second-hand two-wheeler to get hold of it. Similar is the case of women drivers who prefer purchasing a pre-owned vehicle to learn driving before they actually purchase a new vehicle. Key Segments Covered in India Used Two-Wheeler Market, FY’2020: – By Type of Market Organized Unorganized By Sales Channel C2C Channel B2C Channel By Source Domestic Imports By Modification Stock Piece Customized By Type of Bike Motorcycles Scooters By Engine Capacity 100CC-110CC 125CC-135CC 150CC-200CC By Replacement Cycle 2 years-4 years 3 years-5 years 5 years – 6 years By Certification Certified Non Certified By Financing Financed Non Financed Key Target Audience Two Wheeler OEM’s Two Wheeler Dealers Online Portals (Aggregators/Marketplace Platform) Online Classified Platforms E-Commerce & Hyperlocal Companies Private Equity Investors Time Period Captured in the Report: Historical Period: FY’2015-FY’2020 Forecast Period: FY’2021–FY’2025 Companies Covered: Organized Used 2W Companies Honda Best Deal CredR Mahindra First Choice Bike Bazaar Bikers Highway Royal Enfield Vintage Online Used 2W Platforms Droom Quikr Olx Bikes4Sale CarandBike Bike Jinni Key Topics Covered in the Report: – Market size of India used two wheeler markets Market size of India online used two wheeler markets Value chain in India used two wheeler markets Market segmentation of India used two wheeler markets on the basis of market structure, stock piece & customized vehicle, distribution channels, source of Manufacturing, type of two-wheeler, engine capacity, average ownership period, by manufacturer, body type, certification and financed & non-financed vehicle Trends and Developments in India used two wheeler market Growth Drivers and Restraints in India used two wheeler market SWOT analysis in India used two wheeler market Pre-Requisites to Enter the India used two wheeler market Government Regulations in India used two wheeler market Major players and their business models Customer Profile in India used two wheeler market Analyst Recommendations For More Info on the Research Report, Click on the Below Link: – India Used Two Wheeler Market Growth Related Reports by Ken Research Saudi Arabia Used Car Market Outlook to 2025-By Market Structure, By Type of Car, By Brand, By Age of Vehicle, By Kms and By Region Malaysia Automotive Lubricant Market Outlook to 2025- Driven by Growing Vehicle Ownership & Preference for Synthetic Lubricants Spain Used Car Market Outlook to 2023 – Growth within Car Rental Companies Coupled with Shared Vehicle Mobility Segment to drive Used Car Sales Volume in Spain Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications support@kenresearch.com +91-9015378249 Tags: BS VI Impact on Used Two Wheeler Market India, COVID 19 Impact on India Used Two Wheeler Market, CredR Used Two Wheeler Revenue Share, Droom Used Two Wheeler Sales Volume, Future of India Used Two Wheeler Market, Honda Second Hand Bike Market Sales Growth, Impact of COronavirus on India Used Two Wheeler Market, Imports of India Used Two Wheeler Market, India Organized Used Two Wheeler Industry Size, India Pre Owned Two Wheeler Industry, India Pre Owned Two Wheeler Market, India Scooters Market Demand, India Second Hand Scooter Sales, India Second Hand Two Wheeler Market, India Second Hand Two Wheeler Revenue Growth, India Unorganized Used Two Wheeler Growth, India Used Motorcycles Demand and Supply, India Used Two Wheeler B2C Channel Market, India Used Two Wheeler C2C Channel Market, India Used Two Wheeler Industry, India Used Two Wheeler Industry Research Report, India used two wheeler market, India Used Two Wheeler Market Analysis, India Used Two Wheeler Market End Users, India Used Two Wheeler Market Forecast, India Used Two Wheeler Market Growth Rate, India Used Two Wheeler Market Major Players, India Used Two Wheeler Market Outlook, India Used Two Wheeler Market Research Report, India Used Two Wheeler Market Revenue, India Used Two Wheeler Market Sales Channel, India Used Two Wheeler Market Segmentation, India Used Two Wheeler Market Share, India Used Two Wheeler Market Size, India Used Two Wheeler Sales By Engine Capacity, Luxury Used Bikes Market India, Mahindra First Choice Used Two Wheeler, Manufacturer of Two Wheelers in India, Motorcycle and Scooter Sales in India, OLX Used Two Wheeler Listings, Online Used Two Wheeler Market in India, Online Used Two Wheeler Platforms in India, Online Vs Offline Business Model of India Used Two Wheeler, Organized Used Two Wheeler Companies in India, Pre Owned Two Wheeler Financing In India, Quikr Second Hand Bike Listings, Second Hand Two Wheeler Market, Second Hand Used Two Wheelers Growth, Target Audience Used Two Wheeler Industry in India, Total Used Two Wheelers in India, USED Two Wheeler Dealers Share in India, Used Two Wheeler Industry India, Used Two Wheeler Market India, Used Two Wheeler Sales Growth in India, Used Two Wheeler Volume India