PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1378147
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1378147
Indonesia Used Car Market Introduction and Overview
According to SPER Market Research, 'Indonesia Used Car Market Size- By Mode of Freight, By Type of Freight, By End User, By Warehousing - Regional Outlook, Competitive Strategies and Segment Forecast to 2033' state that the Indonesia Used Car Market is predicted to reach USD 94.20 billion by 2033 with a CAGR of 6.02%.
Used cars are a reliable and economical option for those who want to travel comfortably without going over budget. Purchasing a used car offers a wide range of brands, models, and price ranges to fit different budgets and expectations. These used cars are less expensive than new ones as they have already experienced depreciation. Moreover, the market for secondhand cars offers a wide range of options, enabling buyers to find particular models, features, or even vintage cars that are no longer produced new.
The 2020 COVID-19 epidemic prompted a drop in the used automobile sector. West Java, the province that includes Bekasi, Bandung, Karawang, and other cities, enforced PSBB (Massive Social Restriction) in response to the effects of the new coronavirus.
Scope of the Report:
Report Metric Details
Market size available for years 2019-2033
Base year considered 2022
Forecast period 2023-2033
Segments covered By Vehicle Type, By Booking Channel, By Financing Providers
Regions covered Eastern Region, Western Region, Southern Region, Northern Region
Companies Covered
Carsome, Caroline, Carro, OLX, iCarAsia, Diamond Smart Auto, PT Tunas Ridean Tbk, Toyota Trust, Suzuki Auto Value, and others.
Indonesia Used car Market Segmentation:
By Vehicle Type: Based on the Vehicle Type, Indonesia Used Car Market is segmented as; Hatchback, Sedan, Sport Utility Vehicle, Multi-purpose Vehicle.
By Booking Channel: Based on the Booking Channel, Indonesia Used Car Market is segmented as; Online OEM Certified/Authorized Dealerships, Multi Brand Dealerships
By Financing Providers: Based on the Financing Providers, Indonesia Used Car Market is segmented as; OEMs, Banks, Non-Banking Financial Companies.
By Region: This research also includes data for Eastern Region, Western Region, Southern Region, Northern Region.