Philippines Used Car Market is expected to Gain Momentum due to the emergence of more Organized Players in the future along with Covid incited Surge in Demand: Ken Research 1. The Used Car Market of Philippines is growing at a impressive growth rate and expected to grow more in the coming years. The Philippines used car market is one of the growing markets within Southeast Asia and huge volumes are being traded each year. The market has registered a positive CAGR of ~7% during… Read More »
Easy Loan Availability, Ease of doing business, Consumers preference for personal vehicle and the Fruitful Lemon Law will flourish the Used Car Market of Singapore – Ken Research 1. Singapore sustains 1st rank in Asia in the World Bank’s Ease of Doing Business index 2020, ranked 2nd globally In 2020, Singapore ranked 2nd out of 190 countries in the World Bank’s Ease of Doing Business Index. The country has maintained its second position for four consecutive years. In the Global Competitiveness Index ranking,… Read More »
South Korea Used Car Market is in Growing Stage, Being Driven by Sales of Rental Used Cars, Emerging Green Car Loans and Growing Digital Advancements – Ken Research 1. GTV for used car market in South Korea has been increasing post 2020, however the used to new car ratio has been declining since 2017 The pre-owned car industry in South Korea is currently in maturity stage. Used to new car sales ratio in the country has declined from 1.38 in 2017 to 1.33… Read More »
South Korea Used Car Market Size, Share, Outlook, Growth Rate, Analysis, Covid-19 Impact, Top Key Players, and Forecast to 2026: Ken Research While the Automotive Sectors of Most Countries Struggled to Show Resilience during the Economic Crisis Incited by Covid-19, South Korea’s Used Cars Market Witnessed a Steep Increase in Car Sales: Ken Research Key Findings Online Classified are analysing the patterns of purchase by customers and capturing it through fintech and other tools such as digital… Read More »
Philippines Used Car Market Outlook to 2026: Ken Research Philippines Used Car Market is expected to Gain Momentum from the Emergence of more Organized Players in the future along with Covid incited Surge in Demand: Ken Research The used car market structure in Philippines is expected to be consolidated in the future as the market share of players selling vehicles via organized channel is… Read More »
Singapore Used Car Market Research Report, Size, Share, Trends, Future Outlook, Business Opportunity, Dealers, Competition, and Forecast 2021–2030: Ken Research Buy Now A used car is the second-hand vehicle that is accessible for resale. Several outlets such as franchise and independent car dealers, rental car companies, auctions, private party sales, and leasing offices sell used cars. A surge in the requirement of private cars, coupled with opportune financing facilities, augmented internet penetration and improved digitalization… Read More »
Philippines Used Car Market- Sales, Industry Outlook, Share, Size and Growth Rate, Forecast to 2026: Ken Research Buy Now How is the Philippines Used Car Market Positioned? Overview: The Used car market in Philippines is quite fragmented amongst the unorganized players in the industry. There has been a surge in the demand for private vehicles given the social distancing protocols being imposed in the Philippines making it quite risky to use the… Read More »
Philippines Used Car Market – Growth, Share, Trends, Size and Forecast 2026: Ken Research Buy Now Increased Used Car Awareness: The awareness and marketing in used car market of Philippines has played an important role in changing customer’s mentality from buying a new car to a used car. Social media platforms such as Facebook has now emerged as a viable platform to deal in used cars and make people… Read More »
Philippines Used Car Market – Growth, Trends, Covid-19 Impact, Size And Forecast: Ken Research Buy Now The report titled “Philippines Used Car Market Outlook To 2026 (Third Edition): Driven by the Pandemic Incited New Opportunities for Used Car Dealers and Increased Penetration in the Online Space for Used Car Transactions” provides a comprehensive analysis of the used car market trends and performance in Philippines. The report covers several aspects… Read More »
Singapore Used Car Market Future Outlook To 2025, Size, Major Players, Revenue, Demand, Competition, Segmentation, Business Opportunity, Dealers, Present Status, and Forecast: Ken Research HOW IS THE SINGAPORE USED CAR MARKET POSITIONED? Overview: 65% of the total population is under the age bracket 20-64 years supplemented by the high per capita income. The used car market in Singapore is quite fragmented. There has been a surge in the demand for private vehicles since the pandemic has made it quite… Read More »
