Used car sales in Philippines to cross 4,50,000 units by 2026. Will Philippines continue the support for increased sale of used cars? Citizens refraining from using public transport in Philippines The pandemic year brought a drastic change in the preferences of people in terms of public transport. Although, the quality of public transport was already deteriorating forcing multiple people to opt for their personal cars, Covid-19 made owning a personal car unavoidable.Due to the social distancing protocols,… Read More »
Used cars sales in Singapore to cross over 120 Th units by 2025. Will Singapore continue the support for increased sale of used cars? : Ken Research 1. Adoption of AI Technology and Easy Financing Options Contributing to C2B Platforms’ Growth Click to know: More technological Developments Singapore Used Car Market Leveraging technologies such as Artificial Intelligence & Virtual Reality to enhance the digital experience for consumers by offering 360° interior & exterior view of the car, estimating car price online via… Read More »
The Used Car Industry in Singapore is growing at CAGR of 11.1% Basis Revenue. Will Singapore continue this growth trajectory? Ken Research 1. Singapore has the Highest Penetration of Online Sales with 90% Online Sales Click to know: Online vs Physical store sale in Used Car Market Increasing internet and smartphone penetration leading to high sales facilitated by online platforms such as Carro and others. Due to two-month long CB measures and tight border restriction, overall sales… Read More »
The Used Car Industry in Philippines has generated a revenue of USD 75 Mn in the current year. Will Philippines continue this growth trajectory? Ken Research 1. 64.7% of the Filipino population is in the age bracket of 15 and 64 years old, thereby demanding more used car More trends and Developments Used Car Market Philippines As of 2021, ~64.7% of the Filipino population is in the age bracket of 15 and 64 years old. This states that a huge chunk… Read More »
France Used Car Market | France Used Car Industry: Ken Research What Is The Competition Scenario In The France Used Car Market? The competition in France used car market has been observed to be highly fragmented with a huge number of used car dealerships present in the France market. The OEM-certified dealers and multi-brand dealers make up the organized space in the used car market which accounts for around ~ % of… Read More »
France Used Car Industry Future Outlook: Ken Research What Is The Current Potential Of France Used Car Market? France used car market is at a late growing stage. France used the car market in terms of GTV has increased at a positive CAGR of ~% during the review period 2013-2018. This growth was supported by increased used car sales in the country. The average ticket price… Read More »
France Used Cars Market is Driven by Escalating Finance Providers and Increased Lead Generation through Online Car Portals: Ken Research The shift towards the E-commerce sales channel and amplified geographical expansion model by the used car dealerships has driven the growth of the used car market in France. Surge In-Sourcing Of Used Cars From Rental Companies: The revenue of the Car Rentals segment accounts for EUR 1,120 Million in 2019. The market is anticipated to grow roughly around… Read More »
France Used Car Market Outlook to 2023: Ken Research The report titled “France Used Car Market Outlook to 2023 – Surge in Demand for Rental Cars Backed by Increased Online Used Car Sales” provides a comprehensive analysis of used car market in France. The report focuses on overall market size in terms of sales volume of used cars; France used car market segmentation by Market Structure… Read More »
