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Vehicle Reseller Market Comprehensive Insight by Growth Rate, Industry Status, Forecast till 2029

10-19-2023 07:27 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Vehicle Reseller Market Comprehensive Insight by Growth Rate,

Vehicle reseller market is anticipated to grow at a significant CAGR of 8.0% during the forecast period. The market is primarily driven by the reduced per capita income of the population across various countries including  Pakista, Somalia, and others, which led in shifting the customers towards the used cars. According to the CEIC Data released in 2019, the annual household income per capita of Pakistan has been reduced to $587.0 in Jun 2019, compared with the previous value of $650.6 estimated back in June 2016. Another major factor contributing in the growth of the market is social distancing and people perception towards public transport. Further, the country sold around 238,000 units of used vehilced within the year 2020-2021

However,the rise in implication of The biggest constraint for the market is the lack of regulation, hampering any growth of the market due to fear of government authority. Other constraints hindering the market growth is increase in implementation of strict government guidelines for pollution control due to which most of the vehicles areunable to get registrations. With an increase in e-commerce platforms, vehicle sharing services play an important role in the future growth in the vehicle reseller market.

To Request a Sample of our Report on Vehicle Reseller Market:  https://www.omrglobal.com/request-sample/vehicle-reseller-market

Vehicle Reseller Market Segmentation

By Vehicle Type

Hatchback
Sedan
Sports Utility Vehicle (SUV)

By Vendor Type 

Franchise Dealer 
Independent Dealer

By Propulsion Type

Internal Combustion Engine(ICE)
Petrol
Diesel

A full Report of Vehicle Reseller Market is Available @  https://www.omrglobal.com/industry-reports/vehicle-reseller-market

Regional Analysis

North America

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Company Profiles 

Asbury Automotive Group, Inc.
AutoNation, Inc.
Big Boy Toyz ltd.
CarMax Business Services, LLC
Cars24 Services Pvt.Ltd.
Carvana Co.
Copart Inc.
Cox Automobile.com, Inc.
Group1 Automotive Inc.
Hendrick Automotive Group
Kar Auction Services Inc.
Lithia Motors, Inc.
Mahindra & Mahindra Limited 
Maruti Suzuki India Limited
Olx Autos
Scout24 SE
TrueCar, Inc.
Vroom, Inc.

Reasons to buy from us -                                                                                                                           

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/vehicle-reseller-market

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404

About Orion Market Research 
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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