Surge in Lead Generation through Online Channels and Potential Entry of OEM’s is expected to drive 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 March 2022 | India News Demand for Used Two Wheelers is expected to increase as lockdown due to COVID 19 is easing further, but supply for second hand two wheelers has also reduced, owing to people holding on to their two wheelers for a longer period. Entry of OEM’s into the used two wheeler market is expected to drive the demand further, as the market becomes more organized. Increasing Demand for Luxury Motorcycles: The demand for luxury, high end used two wheelers is increasing owing to the budget constraints and rising aspirations of young consumers. Supporting this trend, luxury 2W OEM’s such as BMW and Ducati are entering the used two wheeler market on their own, with certified vehicles and easy financing options to increase their reach and target new consumers. As disposable income increases, it is expected that more luxury used two wheelers will enter the market, driving the demand. This will also ensure a slight marginal increase in the organized segment in the industry. India Used Two Wheeler Market Overview Increased focus on Quality: As market awareness increases, buyer’s decision making process has transitioned from pricing to product quality along with pricing. Quality check parameters include Paperwork, Vehicle accessories check, Engine Capacity, Bodywork including fairings, windshields and bags, Front and rear fenders, Road test, Paint, Tyres, Breaking System and others. Online platforms helping consumers take informed decisions by providing product rating & user reviews, on road prices in all cities and with respect to dealers, regular publishing of article & blogs. Internet-based sales to dominate the market: The internet has expanded from just being a tool to check updates over social media or emails to purchase and sales of goods as well. E-commerce industry is a booming sector and, in this sector, the pre-owned vehicle sale, as well as, purchase is a profit-making business. Moreover, in purchase of used bike online platforms, the popularity for consumer to consumer have escalated. In 2020, CredR, a used bike sales platform announced delivery of second-hand bikes to doorstep of consumers. Rising Aspirations of Young Population: Increased urbanization & standard of living there has been a shift in consumer preferences with a rising need for a personal vehicle. However, consumers in low income bracket prefer used bikes/scooters. Increased working age population1 (49.25% in 2019) now prefer travelling on their own against crowded public transport. Therefore in most cases they choose to buy a second hand vehicle before buying a new one. Millennial population often fascinated with Super/Imported bikes opts for used imported ones owing to affordability constraints. 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. The used two-wheelers sales volume in India is expected to grow over the next few years owing to introduction of new two wheeler variants along with the rising aspirations of low and middle income consumers in the country. Key Segments Covered in India Used Two Wheeler Market, FY’2021 By Modification Stock Piece Customized By Type of Bike Motorcycles Scooters By Engine Capacity 100CC-110CC 125CC-135CC 150CC-200CC By Replacement Cycle 0 years – 2 years 2 years – 4 years 4 years – 5 years 5 years – 6 years 6+ years By Financing Financed Non Financed Request For Free Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTE1MDY2 Key Target Audience Two Wheeler OEM’s Two Wheeler Dealers Online Portals (Aggregators) Marketplace Online Platforms Online 2 Wheeler Classified Portals E-Commerce & Hyperlocal Companies Private Equity Investors Time Period Captured in the Report: Historical Period: FY’2015 – FY’2021 Forecast Period: FY’2021 – FY’2026E Companies Covered: Organized Used 2W Companies Honda Best Deal CredR Mahindra First Choice Bike Bazaar Bikers Highway Royal Enfield Vintage Ducati Suzuki Best Value Online Used 2W Platforms Droom Quikr Olx Bikes4Sale CarandBike Bike Jinn Key Topics Covered in the Report India Used Two Wheeler Market Future Outlook 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 Related Reports 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 Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications support@kenresearch.com +91-9015378249 Tags: Covid-19 Impact India Used Two Wheeler 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 Competition, India Used Two Wheeler Market Demand, 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 Sales, India Used Two Wheeler Market Share, India Used Two Wheeler Market Size, India Used Two Wheeler Market Trends, India Used Two Wheeler Research Report, Industry Research Report Of India Used Two Wheeler, Market Research Report Of India Used Two Wheeler, Used Two Wheeler Industry In India, Used Two Wheeler Market, Used Two Wheeler Market In India