Press release
Rising online presence of used car players, lack of original manufacturing facilities and expensive importation of automobiles is driving Used Car Market in KSA: Ken Research
KSA Used Commercial Vehicles Market Overview
New sales and Service Channels: The increasing adoption of mobile servicing, workforce hygiene, shared mobility, contactless services, e-commerce and vehicle pick-up has boosted demand for disinfection, cleaning and car wash services. Customer preference for auto servicing is shifting towards mobile platforms, which has resulted in the emergence of mobile app aggregators that connect users with service providers of roadside assistance, car wash and parts replacement.
Trends and Recent Development's: The online platforms as well as dealerships are expanding their presence online and planning to implement latest technologies such as 360 degrees 3D view of the interiors & exteriors, artificial intelligence to leverage consumer behavioural insights and more in order to create a better user browsing experience. The Saudi Traffic Department introduced the facility for online transfer of ownership for sale of vehicles amidst the Covid-19 lockdown to enable transfer without requiring a periodic technical inspection which pushed the market.
Localized production: Most vehicles and parts sold in Saudi Arabia are majorly imported, and local manufacturing is limited to small auto parts and truck assembly. The government is keen on creating a domestic automotive industry and has encouraged global vehicle manufacturers to establish local operations. This would both lead to local job creation, transfer of technologies and skills and enhance the auto parts manufacturing supply chain in the country.
For More Detail @ https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/saudi-arabia-used-car-market-outlook-to-2026f/588862-100.html
Second Hand Car Startups Companies in KSA
Lack of Regulations & Mismatched Pricing: The industry lacks a regulatory body & stringent regulation concerning the buying & selling of used cars, engine requirements or verification. The lack of standards and regulations governing the industry results in lower consumer confidence while buying pre-owned cars.
Analysts at Ken Research in their latest publication "Saudi Arabia Used Car Market Outlook to 2026F- Driven by Boom in Online Platforms and Increase in Internet and Smartphone Penetration" observed that post pandemic, Saudi Arabia will be in a growth phase in the used car market in Middle East region. Moreover, the rise in the online platforms and increasing penetration of internet has resulted in higher demand of used cars through online platforms in the country. Therefore, industry is expected to demonstrate strong growth in the future led by growth of online used car platforms that provide convenience to both buyers and sellers and makes the entire process smoother. The Saudi Arabia Used Car Market is expected to grow at a CAGR of 10.2% on the basis of GTV over the forecast period 2021-2026F.
KSA Used Car Market
By Market Structure
Organized Sector
OEM Certified Dealers
Multi-Brand Non-Franchise Dealerships
Auction Companies
Unorganized Sector
C2C
Local Dealers
By Type of Car
Sedan and Hatchback
Suv
Pickup trucks
Luxury
By Manufacturer
Toyota
Hyundai
Ford
Chevrolet
GMC
Nissan
Kia
By Kms Driven
150,000
By Age of Vehicle
5 years
By City
Northern
Southern
Central
Western
Eastern
By Age of the Consumer:
18-34
35-54
55+
By Age of the Consumer:
Female
Male
Request for Free Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTg4ODYy
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: 2017-2021
Base Year: 2021
Forecast Period: 2021-2026F
Companies Covered:
Online Auto-Classified
Expatriates
Expat
Haraj
Opensooq
Mourjan
YallaMotors
Motory
SellAnyCar
Syarah
CarsSwitch
Carnab
OLX
Saudisale
Halta2ee
Second Hand Car Distributors Saudi Arabia
Major Auction Companies
Abdulla Fouad Company of Public Auctions Car Sales
Sultan Nasser Auctioneers Est
AutoWorld (AKA Al Jazira Equipment Co.Ltd)
Saud Qahtani Auction Company
Motory
Syarah
Mozayada
budgetsaudi
Mazadhala
Major Finance Institution
Alinma Bank
Riyad Bank
ANB Leasing Bank
Emirates NBD Auto Lease Bank
Al Rajhi Bank
National Commercial Bank
Saudi Investment Bank
Bank Albilad
Al Yusr
Taajeer Finance Company
Abdul Latif Jameel
Al-Tayseer Car Finance
Major Finance Institution
Abdul Latif Jameel
Aljomaih Automotive Company
Al Jazirah Vehicle
Mohamed Yousuf Naghi
United Motors Company
Universal Motors Agencies
SAMACO Automotive
Petromin Stellantis
Multi Brands Used Car Platforms in Saudi Arabia
Key Topics Covered in the Report
KSA Automotive Market Overview
KSA Used Car Market Overview
KSA Online E-commerce Used Car Market
Market Ecosystem
Value chain Analysis
Customer Buying Journey in KSA
Decision Making Parameters for Customers
Offline and Online Business Models
Detailed Analysis on KSA 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 KSA
Snapshot of Used Car Auction House in KSA
Snapshot of Used Car Finance Market in KSA
Business Opportunity (Customer Profile Analysis)
Recommendations (Sales and Marketing Strategies, Positioning Strategies, Business Framework)
Related Reports
https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/egypt-used-car-market-outlook-to-2026/536296-100.html
https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/philippines-used-car-market-outlook-to-2026/524038-100.html
https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/vietnam-used-car-market-outlook-to-2026/515186-100.html
Follow Us
https://www.linkedin.com/company/ken-research/
https://www.instagram.com/kenresearch/
https://www.facebook.com/kenresearch
https://twitter.com/KenResearch
https://www.youtube.com/c/KenResearchKen
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
support@kenresearch.com
+91-9015378249
Ken Research Pvt. Ltd.,
Unit 14, Tower B3, Spaze I Tech Business Park, Sohna Road, sector 49 Gurgaon, Haryana - 122001, India
Ken Research is a research based management consulting company. We provide strategic consultancy to aid clients on critical business perspective: strategy, marketing, organization, operations and technology transformation, advanced analytics, corporate finance, mergers & acquisitions and sustainability across all industries and geographies. We provide business intelligence and operational advisory across 300+ verticals underscoring disruptive technologies, emerging business models with precedent analysis and success case studies. Some of top consulting companies and Market leaders seek our intelligence to identify new revenue streams, customer/ vendor paradigm and pain points and due diligence on competition.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Rising online presence of used car players, lack of original manufacturing facilities and expensive importation of automobiles is driving Used Car Market in KSA: Ken Research here
News-ID: 2749920 • Views: …
More Releases from Ken Research Pvt .Ltd
KSA Aquaculture Feed Market Crosses ~USD 500 million Milestone- Latest Insights …
Comprehensive market analysis maps feed-demand surge, ingredient localization, and strategic imperatives for aquaculture producers and feed manufacturers in the Kingdom's expanding blue economy.
Delhi, India - September 5, 2025 - Ken Research released its strategic market analysis titled "KSA Aquaculture Feed Market Outlook to 2030," revealing that Saudi Arabia's aquaculture feed market is projected to surpass USD xx million by 2030. The comprehensive analysis details how shrimp and marine finfish volumes…
India Invasive Ventilator Market - Ken Research Stated the Market is Projected t …
Comprehensive market analysis maps growth trajectory, investment opportunities, and strategic imperatives for industry leaders in India's rapidly evolving healthcare ecosystem
Delhi, India - September 5, 2025 - Ken Research released its strategic market analysis titled "India Invasive Ventilator Market Outlook to 2030," revealing that India's invasive ventilator market is projected to surpass USD xx million by 2030. The comprehensive analysis details how invasive ventilator sales are expected to grow at a…
India Hospital Beds Market - Ken Research Stated the Sector is Valued at ~INR 1, …
Comprehensive market analysis maps exponential growth trajectory, investment opportunities, and strategic imperatives for industry leaders in India's rapidly evolving healthcare ecosystem
Delhi, India - September 4, 2025 - Ken Research released its strategic market analysis titled "India Hospital Beds Market Outlook to 2030," revealing that India's hospital beds market is projected to surpass USD xx billion by 2030. The comprehensive analysis details how hospital bed sales are expected to multiply 30-fold…
India Beverage Market - Ken Research Stated the Sector is Valued at ~INR 1,43,30 …
Comprehensive market analysis reveals robust growth trajectory, investment opportunities, and strategic imperatives for industry leaders in India's rapidly evolving beverage ecosystem
Delhi, India - September 1, 2025 - Ken Research released its strategic market analysis titled "India Beverage Market Outlook to 2029," revealing that India's non-alcoholic beverage market is projected to reach INR xx trillion by 2029. The comprehensive analysis details how the market is expected to grow at a CAGR…
More Releases for Car
Car Washing Services Market Is Booming So Rapidly with Mister Car Wash, Zips Car …
The Car Washing Services Market has been fragmented based on the productivity of several companies; therefore, each segment and its sub-segments are analyzed in the research report. Furthermore, the report offers 360 views on historical and upcoming growth based on volume, value, production, and consumption. Moreover, it classifies depend on sub-segments, key segments as per the significant regions and offers an in-depth analysis on the competitive edge of the market.…
Car Wash Service Market Boosting the Growth Worldwide: Auto Bell Car Wash, Miste …
The latest study released on the Global Car Wash Service Market by AMA Research evaluates market size, trend, and forecast to 2027. The Car Wash Service market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.
Key…
Car Rental Services Market Forecast to 2028 Covid-19 Impact and Global Analysis …
Car rental services are a process of hiring/renting a car for a limited period from a rental company. Various companies like Uber Technologies, Europcar rent the vehicles for a short period ranging from few hours to weeks. The different types of cars rented by the company include Luxury Car, executive car, and economical car among others. Additionally, vehicle renting agencies also offer other products such as insurance, entertainment systems, and…
Car Rentals Market Growth Strategies and Innovative Technology Transformation by …
Worldwide Market Reports has announced the addition of the "Car Rentals Market Report 2020-2027 Production, Sales And Consumption Status And Prospects Professional Research", The report classifies the global Car Rentals Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.
The emergence of own-brand digital ordering platform has been trending in the global Car Rentals market. Car Rentals such as…
Luxury Car Leasing Market Competitors Analysis By German Rent A Car, ANI Technol …
'Global Luxury Car Leasing Market Research Report' the report is complete with an elaborate research undertaken by prominent analysts and a detailed analysis of the global industry place. The Luxury Car Leasing report is fragmented in several features which include manufacturers, region, type, application, market status, market share, growth rate, future trends, market drivers, opportunities, challenges, emerging trends, risks, entry barriers, sales channels, and distributors which are again elaborated in…
Car Wash Market is Thriving Worldwide 2026 | Super Star Car Wash, Autobell Car W …
This Car Wash Market research report offers you an array of insights about Automotive industry and business solutions that will support to stay ahead of the competition. Systematic investment analysis is also underlined in this Car Wash Market report which forecasts impending opportunities for the market players.This market report is the outcome of persistent efforts lead by knowledgeable forecasters, innovative analysts and brilliant researchers who carries out detailed and diligent…
