Used Car Value Chain

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 »

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 »

Used Car Platforms in SEA region are expanding their digital presence to increase online visibility among consumers: Ken Research

July 2022 | South-East Asia News Key Findings With large number of consumers preferring to own a private vehicle pertaining to the after-effects of Covid-19, the used to new car ratio is consistently improving in SEA region. Consumers are shifting away from traditional methods and adopting online platforms more frequently for their used car buying… Read More »

SEA Online Used Car Market Growth Strategy 2022, Industry Trends, CAGR Status, Growth Analysis, Key Manufacturer and Strategies till 2026: Ken Research

SEA Used Car Market Overview: The SEA Used Car industry is currently positioned in the early growing stage and is anticipated to register a double digit CAGR between the forecasted period 2021 to 2026F. The customers will tend to switch to used cars and new cars at a rate faster than before, depicting rapid change… Read More »

The expansion of transactional platforms, shifting customer perception of privately owned cars, and the region’s ease access to credit for financing are factors influencing the demand for used cars in the SEA: Ken Research

July 2022 | South-East Asia News Increased demand for private cars, rising per capita income, accessible financing options, rising internet penetration, and improved digitization of the used car industry are among the growth factors pushing SEA region to witness growth in used car market. Online SEA used car market witnessed the entry of various online… Read More »

SEA Used Car Market Size and Research 2022, CAGR Status, Growth Analysis by Countries, Development Factors, Business Updates and Strategies till 2026: Ken Research

The report titled “SEA Used Car Market Outlook to 2026F: Driven by Covid-19 led shift in User’s Preference towards Private Vehicles and Growing Penetration of Online Used Car Platforms” provides a comprehensive analysis of the used car market and sales in Southeast Asia region. The report also covers overview and genesis of the industry, used… 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 »