European Used Car Growth Opportunities

Description

Value-add Services Emerge as Purchase Drivers to Combat the High Prices of Used Cars

After facing a challenging period in 2020, with isolation measures and economic difficulties due to the COVID-19 pandemic, Europe has started getting back to normal. However, although vaccination rates have advanced, some markets are still in crisis. The automotive market, for example, has not recovered to usual levels of new car sales. Global microchip shortages and the current war between Russia and Ukraine have affected car production and stimulated the second-hand car market. The rising demand also impacted the average price of used cars, which increased in 2021 in Europe. In 2021, 32.7 million second-hand cars were sold in Europe (considering the 11 countries in the scope of the study), and 3 countries (the United Kingdom, Germany, and France) accounted for 61.2% of the sales.

In western Europe, digital transactions are expected to increase, including for used car sales. In eastern Europe, the need for trustworthy technical car inspection companies is expected to drive market growth. This Frost & Sullivan research service provides a comprehensive outlook of the used car market in Europe and offers meaningful insight for automotive companies wishing to explore this unique and competitive market.

Product Code: PC8D-44

Strategic Imperatives

Why Is It Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the Used Car Industry
Growth Opportunities Fuel the Growth Pipeline Engine™

Growth Opportunity Analysis

Scope of Analysis
Regional Segmentation
Key Competitors
Growth Metrics
Growth Drivers
Growth Restraints
Forecast Assumptions
Used Car Sales Forecast
Used Car Sales Forecast by Region
Used Car Sales Forecast by Country
Sales Forecast Analysis
Sales Forecast Analysis by Region
Pricing Trends and Forecast Analysis
Competitive Environment

Used Cars-Market Overview

Trends
The Impact of Legislation on the Used Car Market
Value Chain Analysis
Online Used Car Market
Macroeconomic Indicators

Competitor Landscape Mapping and Analysis-Key Online Platforms

Key Online Platforms-AUTO1 Group
Key Online Platforms-AutoScout24
Key Online Platforms-Cazoo
Key Online Platforms-Reezocar
Key Online Platforms-Carvago

Key Used Car Dealers

Key Used Car Dealers-Arnold Clark
Key Used Car Dealers-Lookers
Key Used Car Dealers-Louwman Group

Key OEM CPO Programs

Key OEM Certified Pre-owned (CPO) Programs
Key OEM CPO Program-Renault
Key OEM CPO Program-Renault (continued)
Key OEM CPO Program-Volkswagen
Key OEM CPO Program-Volkswagen (continued)
Key OEM CPO Program-Volkswagen (continued)
Key OEM CPO Program-Ford
Key OEM CPO Program-Ford (continued)
Key OEM CPO Program-Peugeot, Citroen, and Opel
Key OEM CPO Program-Peugeot, Citroen, and Opel (continued)
Key OEM CPO Program-Peugeot, Citroen, and Opel (continued)

Growth Opportunity Analysis, Used Cars, Western Europe

Growth Metrics-Western Europe
Used Car Sales Forecast-Western Europe
Used Car Sales Forecast by Country-Western Europe
Forecast Analysis-Western Europe
Market Characteristics-United Kingdom
Market Characteristics-United Kingdom (continued)
Market Characteristics-United Kingdom (continued)
Market Characteristics-Germany
Market Characteristics-Germany (continued)
Market Characteristics-Germany (continued)
Market Characteristics-France
Market Characteristics-France (continued)
Market Characteristics-France (continued)
Market Characteristics-Italy
Market Characteristics-Italy (continued)
Market Characteristics-Italy (continued)
Market Characteristics-Spain
Market Characteristics-Spain (continued)
Market Characteristics-Spain (continued)
Market Characteristics-Netherlands
Market Characteristics-Netherlands (continued)
Market Characteristics-Netherlands (continued)
Market Characteristics-Belgium
Market Characteristics-Belgium (continued)
Market Characteristics-Belgium (continued)

Growth Opportunity Analysis, Eastern Europe

Growth Metrics-Eastern Europe
Used Car Sales Forecast-Eastern Europe
Used Car Sales Forecast by Country-Eastern Europe
Forecast Analysis-Eastern Europe
Market Characteristics-Poland
Market Characteristics-Poland (continued)
Market Characteristics-Poland (continued)
Market Characteristics-Hungary
Market Characteristics-Hungary (continued)
Market Characteristics-Hungary (continued)
Market Characteristics-Czech Republic
Market Characteristics-Czech Republic (continued)
Market Characteristics-Czech Republic (continued)
Market Characteristics-Slovakia
Market Characteristics-Slovakia (continued)
Market Characteristics-Slovakia (continued)

Growth Opportunity Universe

Growth Opportunity 1-Selling Valued-added Services for Late-model Used Vehicles
Growth Opportunity 1-Selling Valued-added Services for Late-model Used Vehicles (continued)
Growth Opportunity 2-Online Transactional Business Model for Used Cars Sales
Growth Opportunity 2-Online Transactional Business Model for Used Cars Sales (continued)
Growth Opportunity 3-Trustworthy Technical Car Inspection Companies for Eastern European Customers
Growth Opportunity 3-Trustworthy Technical Car Inspection Companies for Eastern European Customers (continued)

Next Steps

Your Next Steps
Why Frost, Why Now?

Appendix

Abbreviations and Acronyms Used
List of Exhibits
List of Exhibits (continued)
List of Exhibits (continued)
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