Rising Prices of New Two Wheelers due to BS VI Standards and Aversion towards using Public Transportation in the Pandemic driving the Used Two Wheeler Market in India: 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 “Customer preference towards upgrading to higher segment two-wheelers with budget constraints driving the used two wheeler market in India”. Decrease in Replacement Cycle for Two Wheelers: The replacement cycle or average ownership period for two-wheelers in India has come down from 7-8 years to 0-2 years over the past decade driven by rising aspirations of Indian consumers, frequent two-wheeler launches and easy availability of financing for new two-wheelers. The need for better exchange rates and saving on further depreciation is also bringing down the replacement cycle for new two-wheelers. COVID-19 Impact on Used Two-Wheeler Market: 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, increase in supply was not seen Owing to cash crunch, people retained their vehicles thereby avoiding shifting to new vehicle purchase for a while. Supply of used two wheelers mainly originated from individuals looking for immediate cash or from food delivery companies selling out vehicles & laying off their delivery agents in order to meet cash flow needs. As lockdown eases further, Sale of Used Two Wheelers is expected to Increase mainly from non-metro cities as consumers prefer to have their own vehicle than travelling in Public Transport System. Growth in Tier II & Tier III Cities: The Indian government was observed to particularly spend towards rural programs and huge road-construction projects that have led to increasing in two wheeler volumes in smaller towns and cities of India. Besides rising incomes and growing infrastructure in rural areas, one of the primary growth drivers for the spurt in sales has been rise in total number of women commuters. Consumer Shift Towards Online Sales Channels: People residing in Metro cities such as Delhi NCR, Mumbai, Chennai, Bangalore and others along with rising internet penetration were observed to shift towards online classifieds and websites which act as a one stop shop for customers, therefore displaying product features along with pricing and other factors and promoting C2C transactions. On the other hand, people residing non-metro cities prefer to buy through offline channels. The report titled “India Used Two Wheeler Market Outlook to 2026 (Second Edition) – Convenient Financing Options and Emergence of Online Marketplace Platforms supporting Market Growth” by Ken Research suggested that the used two wheeler market is expected to grow at a double digit positive CAGR. Rising Aspirations of young consumers along with increasing in demand from Tier II & Tier III cities is driving the used two wheeler market in India. Key Segments Covered in India Used Two Wheeler Market, FY’2021:- 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 Others By Replacement Cycle 0-2 years 2 years-4 years 4 years-5 years 5 years – 6 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’2021 Forecast Period: FY’2021–FY’2025 Companies Covered:- Organized Used 2W Companies Honda Best Deal CredR Mahindra First Choice Bike Bazaar Suzuki Best Value Bikers Highway Royal Enfield Vintage Ducati Online Used 2W Platforms Droom Quikr Olx Bikes4Sale CarandBike Bike Jinni Bikes24 Key Topics Covered in the Report:- Market size of India used two wheeler market Market size of India online used two wheeler market Value chain in India used two wheeler market Market segmentation of India used two wheeler market 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 Information on the research report, refer to below link:- India Used Two Wheeler Market 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 adoption of high-performance lubricants, increasing vehicles on road coupled with the availability of products on E-commerce platforms Singapore Used Car Market Outlook To 2025: Increasing Used Cars Demand Due To The Pandemic Contributes To Increase In Used Cars Sales During The Economic Crisis Tags: Bike Bazaar Used Two Wheeler (2W) Market Size, Bike Jinni Used Two Wheeler (2W) Market, Bikers Highway Used Two Wheeler (2W) Market Revenue, Bikes24 Used Two Wheeler (2W) Market, Bikes4Sale Used Two Wheeler (2W) Market, CarandBike Used Two Wheeler(2W) Market, Covid-19 Impact India Used Two Wheeler Industry, Covid-19 Impact India Used Two Wheeler Market, CredR Used Two Wheeler (2W) Market Revenue, Droom Used Two Wheeler (2W) Market, Ducati Used Two Wheeler (2W) Market Sales, Evaluation Study India Used Two Wheeler Market, Evaluation Summary Report India Used Two Wheeler Market, Evaluative Survey India Used Two Wheeler Market, Honda Best Deal Used Two Wheeler (2W) Market Sales, India 100-110CC Bike Engine Market, India 125CC-135CC Bike Engine Market, India 150CC-200CC Bike Engine Market, India 2-4 Years Old Vehicles Market, India 4-5 Years Old Vehicles Market, India 5-6 Years Old Vehicles Market, India B2C Used Two Wheeler Market Sales, India C2C Used Two Wheeler Market Sales, India Certified Used Two Wheeler Market, India Commuter Bike Market, India Financing Used Two Wheeler Market, India Luxury Used Bikes Market, India Motorcycle Market, India Non Certified Used Two Wheeler Market, India Non Financing Used Two Wheeler Market, India Online Market for Used Two Wheeler (2W), India Pre Owned Two Wheeler Market, India Pre-Owned Two Wheeler Financing, India Scooter Market Sales, India Scooters Market, India Second Hand Scooter Volume, India Second Hand Two Wheeler Market, India Sports Bike Market, India Two Wheeler (2W) OEM Certified Dealerships, India Two Wheeler (2W) Offline Unorganized Dealers, India Used 2W Industry, India Used 2W Market, India Used Two Wheeler Due Diligence Report, India Used Two Wheeler Growth Strategy Market Report, 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 Competition, India Used Two Wheeler Market Competition Benchmarking, India Used Two Wheeler Market Evaluation Report, India Used Two Wheeler Market Forecast, India Used Two Wheeler Market Future Outlook, India Used Two Wheeler Market Growth, India Used Two Wheeler Market Major Players, India Used Two Wheeler Market Research Report, India Used Two Wheeler Market Revenue, India Used Two Wheeler Market Revenue Forecasting, India Used Two Wheeler Market Sales, India Used Two Wheeler Market Shares, India Used Two Wheeler Market Size, India Used Two Wheeler Market Trends, Industry Research Report Of India Used Two Wheeler, Mahindra First Choice Used Two Wheeler (2W) Market, Market Research Report Of India Used Two Wheeler, Olx Used Two Wheeler (2W) Market, Organized Dealers India Used Two Wheeler (2W) Market, Quikr Used Two Wheeler (2W) Market, Royal Enfield Vintage Used Two Wheeler (2W) Market Size, Social Evaluation Research India Used Two Wheeler Market, Suzuki Best Value Used Two Wheeler (2W) Market Shares, Unorganized Dealers India Used Two Wheeler (2W) Market, Used Two Wheeler Industry In India, Used Two Wheeler Market In India, Write An Evaluation Report On India Used Two Wheeler Market