Egypt Used Car Market- Share, Opportunities, Industry Analysis, Size, Regions And Forecast 2026

The report titled "Egypt Used Car Market Outlook to 2026 - Driven by Shift in Consumer Demand along with Growth of Online Used Car Platforms and Availability of Financing Options" provides a comprehensive analysis of the used car market and sales in Egypt. The report also covers overview and genesis of the industry, used car market size in terms of total revenue generated for total used car volume sales with average price of used car and used to new car ratio; market segmentation by type of market structure, type of car, type of manufacturers, by Kms driven, by age of car, by city, by source of lead generation and by age of customer; snapshot on Online used Car Market, trends and developments, issues and challenges and comparative landscape including competition scenario based on cross comparison in Egypt. The report concludes with future market projections of each used car segmentation and Analyst recommendations for Marketing & Promotional Strategies including Business Framework.

Market Overview and Size

Egypt Used Car Market comprise of entities such as Organized OEM's, Multi-Brands and Online Classified platforms along with banking institutions providing used car financing services and has grown at a steady growth rate over the review period 2021-2026F. The growth is supported by increase in millennials population in the country and the emerging players entering into the market are focusing extensively on consumer experience and data. Growth is further supported by manufacturers' investments in expanding the network of used cars dealers, building the brand and enabling customers to choose this option.

Detailed Analysis on the Egypt Used Car Market

By Type of Market Structure: With huge presence, Un-organized Sector outnumbers the Organized Sector of Used Car Market in Egypt. Independent dealers (Car Tents) have major influence on the market due to large presence across the country. These dealers are increasing their online presence by listing their inventory on their own website/Facebook account or platforms, thereby attracting customers.

By Type of Car: Market Segmented on the basis of sale of the number of used car by type (Sedan, SUVs and Hatchback/Economy) where Sedan is the most preferred choice of consumers in Egypt.

By Type of Manufacturer: Hyundai accounted for the highest market share on the basis of used car sales volume in 2021; attributed to its low maintenance cost and better mileage capability followed by Kia and Nissan.

By Kilometers Driven: Consumers prefer good condition used car with average kms driven by a used car lies in between 80,000 to 120,000 kms.

By Age of Vehicle: The average age of used car lies in between 2 to 6 years accounting for majority of the total used car volume sales in Egypt.

By City: Cairo and Giza accounts for majority of the total used car volume sales in Egypt. Majority of used car listing on used car platforms such as Hatla2ee, Yallamotor & Olx also arise from Cairo & Giza.

Brand Source of Lead Generation: Online sourcing and advertisement are the key lead generations where companies get revenue from. Due to major online presence of many players, online platforms dominate the market.

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Competitive Landscape in Used Car Market in Egypt

Competition was observed to be fragmented among the top 2-3 players ruling the market. Auto mark Toyota contributing majority of the share in used car sales in the list of Major OEMs. Elmasria on the other hand is the leading player Major Multi-Brand with highest volume of used car sales in units. Regional company, Hatla2ee, Online Auto-Classified, dominates the market in terms of most number of listings catering major regions in Egypt.

Egypt Used Car Market Future Outlook and Projections

Over the forecast period 2022-2026F, the Egypt Used Car Market Revenue is further anticipated to increase showcasing a CAGR of 15.3%. The used Cars sales volume is expected to get doubled during this period with slight increase in price. More players and manufacturers are expected to enter into the used car market with unorganized sector remains to be dominant. Rising Millennials, Digital Transformation and collaborations among players with increase in demand of used cars will drive the Egypt used car market.

For more details @ https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/egypt-used-car-market-outlook-to-2026/536296-100.html

Key Segments Covered of Egypt Used Car Market

Organized Sector
OEM Certified Dealers
Local Multi-Brand Dealership
Unorganized Sector
C2C
Independent Brokers
Local Dealers
By Type of Car
Sedan
Suv
Hatchback/Economy
By Manufacturer
Hyundai
Kia
Nissan
Toyota
Chevrolet
Fiat
Mitsubishi
Others
By Kms Driven
5,000-35,000
35,000-80,000
80,000-120,000
Above 120,000
By Age of Vehicle
0-2 years
2-6 years
6-8 years
8 years or more
By City
Cairo & Giza
Mansoura, Delta. Suez Canal
Alexandria
Others
By Source of Lead Generation
Online
Offline
Key Target Audience

Used Car Companies
OEMs
Multi-Brands
Online Used Car Portals
Used Car Financing Companies
Government Bodies
Investors & Venture Capital Firms
Used Car Dealerships
Used Car Industry
Used Car Manufacturing Companies
Used Car Distributors
Used Car Auction Houses
Used Car Associations
Time Period Captured in the Report:

Historical Year: 2016-2021
Forecast Period: 2021-2026F
Companies Covered:

Major OEMs

Auto mark Toyota
BMW Pre-Owned & Mini-Cooper Approved
Mercedes Benz Certified
Volvo Select
Porshe Approved
Land Rover Approved
Mesarati Approved
Major Multi-Brands

Ellaithy Auto Groups
Fabrika
Elmasria Auto
Abaza Auto Trade
Major Online Auto-Classifieds

Hatla2ee
Yallamotor
Olx
Opensooq
CarSemsar
Contactcars
Key Topics Covered in the Report

Egypt Automotive Market Overview
Egypt Used Car Market Overview
Market Ecosystem
Value chain Analysis
Customer Buying Journey in Egypt
Decision Making Parameters for Customers
Offline and Online Business Models
Detailed Analysis on 'Egypt Used Car Market' (Market Size, 2021; Market Structure; Market Segmentations; Competition; Future Market Size, 2026; Future Trends and the Way Forward
Snapshot on Online Used Car Platforms in Egypt
Snapshot of Used Car Auction House in Egypt
Snapshot of Finance Market in Egypt
Business Opportunity (Customer Profile Analysis)
Recommendations (Sales and Marketing Strategies, Positioning Strategies, Business Framework)
For more information on the research report, refer to below link:

https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/egypt-used-car-market-outlook-to-2026/536296-100.html

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