openPR Logo
Press release

Australia Car Market Size Worth USD 23.45 Billion by 2033 | CAGR: 1.00%

05-08-2025 07:31 AM CET | Tourism, Cars, Traffic

Press release from: IMARC Group

Australia Car Market Latest Report 2025-2033

Australia Car Market Latest Report 2025-2033

Car Market in Australia 2025:

How Big is the Australia Car Industry?

The Australia car market size reached USD 21.30 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 23.45 Billion by 2033, exhibiting a growth rate (CAGR) of 1.00% during 2025-2033.

Base Year: 2024
Historical Years: 2019-2024
Forecast Years: 2025-2033
Market Size in 2024: USD 21.30 Billion
Market Size in 2033: USD 23.45 Billion
Market Growth Rate (CAGR) 2025-2033: 1.00%

Request Free Sample Report: https://www.imarcgroup.com/australia-car-market/requestsample

Australia Car Market Trends and Drivers:

Australia car market is shifting dramatically, sparked by a combination of consumer habit changes, innovations, regulatory pressure, and financial factors that are transforming the ways Australians purchase and utilize cars. Essentially, mounting demand for low-emission cars is propelling the uptake of electric vehicles (EVs) and hybrid automobiles, with drivers increasingly focusing on fuel efficiency, lower emissions, and lower future running costs.

Additionally, government policies in the form of tax benefits, rebates, and support for EV infrastructure in the form of public charging facilities are making green cars more attractive in urban and rural locations. Further, lifestyle transformations and rising urbanization are driving demand for mini cars and SUVs, which are convenient and versatile for urban and suburban use. In addition, the appeal of technology-enabled features such as advanced driver-assistance systems (ADAS), infotainment systems, and smartphone connectivity is increasingly becoming a differentiator in consumer choice.

Also, the increasing role of ride-sharing and car subscription models is changing the conventional car ownership behavior, particularly among young consumers who prefer flexibility over ownership. In addition, car buying digitalization - such as online inquiries, virtual showrooms, and e-commerce sites - is making the buying process easier and equipping consumers with additional information and convenience. Apart from this, increasing fear of inflation, interest rates, and vehicle prices is driving buyers to look for value for money, which is resulting in higher demand for second-hand vehicles and financing solutions.

Similarly, Australia's close trade links are assisting in diversifying the car import scene, with Japanese, Korean, and European brands competing with local players by presenting innovative, low-cost models. At the same time, the development of autonomous driving technology and connected cars is paving the way for longer-term innovation, with trials and early take-up bids indicating longer-term change. Simultaneously, sustainability-oriented manufacturing processes and rising awareness regarding circular economy principles are influencing consumer expectations and business strategies. Overall, the interplay between environmental consciousness, digitalization, changing mobility preferences, and supporting policies is transforming the Australia car market, laying the groundwork for further development and growth in various vehicle segments.

Australia Car Industry Segmentation:

The report has segmented the market into the following categories:

Vehicle Insights:

• Hatchback
• Sedan
• SUV
• Sports Car
• Others

Propulsion Insights:

• Gasoline
• Diesel
• Electric
• FCEV

Sales Channel Insights:

• Peer-to-peer
• Franchised Dealer
• Independent Dealer

End Use Insights:

• Commercial
• Ridesharing and Taxi Services
• Rental Car Services
• Corporate Fleet
• Individual

Regional Insights:

• Australia Capital Territory & New South Wales
• Victoria & Tasmania
• Queensland
• Northern Territory & Southern Australia
• Western Australia

Contact Our Analysts for Brochure Requests, Customization, and Inquiries Before Purchase: https://www.imarcgroup.com/request?type=report&id=32057&flag=C

Competitive Landscape:

The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.

Key highlights of the Report:

• Market Performance (2019-2024)
• Market Outlook (2025-2033)
• COVID-19 Impact on the Market
• Porter's Five Forces Analysis
• Strategic Recommendations
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

Contact Us:

IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145

About Us:

IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services.

IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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 Australia Car Market Size Worth USD 23.45 Billion by 2033 | CAGR: 1.00% here

News-ID: 4004688 • Views:

More Releases from IMARC Group

Automotive Control Cables Manufacturing Plant Setup Report 2025: Machinery, Raw Materials and Investment Insights
Automotive Control Cables Manufacturing Plant Setup Report 2025: Machinery, Raw …
Automotive control cables are essential components used to transmit mechanical force in vehicles, enabling the smooth operation of various systems such as brakes, clutches, accelerators, gear shifts, and seating mechanisms. These cables are designed for durability, flexibility, and high performance under diverse driving conditions. Their demand is directly linked to the growth of the automotive industry, aftermarket sales, and increasing consumer preference for enhanced driving comfort and safety. Setting up an
Halal Cosmetics Market Size, Trends, Key Players, Opportunity and Forecast 2025-2033
Halal Cosmetics Market Size, Trends, Key Players, Opportunity and Forecast 2025- …
IMARC Group, a leading market research company, has recently released a report titled "Halal Cosmetics Market Size, Share, Trends and Forecast by Type, Distribution Channel, and Region, 2025-2033." The study provides a detailed analysis of the industry, including the global halal cosmetics market size, trends, share and growth forecast. The report also includes competitor and regional analysis and highlights the latest advancements in the market. Halal Cosmetics Market Highlights: • Halal Cosmetics Market
Comprehensive Castor Oil Processing Plant Project Report 2025: Setup Guide, Economics and Profitability Outlook
Comprehensive Castor Oil Processing Plant Project Report 2025: Setup Guide, Econ …
Castor oil is a versatile vegetable oil extracted from the seeds of the Ricinus communis plant. It is widely used in pharmaceuticals, cosmetics, food processing, lubricants, paints, coatings, and biodiesel production owing to its unique chemical properties, including high ricinoleic acid content. Castor oil derivatives also serve as key raw materials in the polymer, chemical, and industrial sectors. Establishing a castor oil processing plant involves steps such as seed cleaning, dehulling,
Honey Processing Plant Report 2025: Capital Investment, Operating Expenses and Market Opportunities
Honey Processing Plant Report 2025: Capital Investment, Operating Expenses and M …
Honey is a natural sweetener produced by honeybees and is valued for its nutritional, medicinal, and industrial applications. It contains antioxidants, enzymes, vitamins, and minerals that make it a popular ingredient in food and beverages, pharmaceuticals, cosmetics, and personal care products. Processed honey is widely consumed as a sweetener, used in bakery and confectionery items, beverages, dietary supplements, and skincare formulations. Setting up a honey processing plant involves operations such as

All 5 Releases


More Releases for Australia

Derila Memory foam pillow Australia: Honest Reviews About Derila Australia
Derila is one of the best memory foam pillows sold in Australia today. Priced at around 30 dollars (USD), derila is currently the most reviewed and the cheapest memory pillow available in Australia. What is Derila? Is Derila Pillow the best in Australia? Keep reading to discover everything worth knowing about Derila Australia. OVERVIEW Recently, Memory foam pillow has been trending and there is a lot of brands to choose from. Which one is
CeraCare Australia - Where to Buy Legit CeraCare Supplement in Australia?
CeraCare Australia - Ceracare is a glucose support supplement that proposes to augment cardiovascular prosperity and to stay aware of perfect glucose assimilation in Australia. CeraCare supplement is conceptualized and executed by a threesome – Christine, Dr. Jihn and Michael. It is a natural supplement that helps one stay aware of ideal glucose levels, cardiovascular prosperity, and glucose assimilation. Take Advantage of 80% Discount Offer in Australia >> https://boostsxproaustralia.com/ceracare-new The indications
Glucofort Australia - Where to Buy Legit Glucofort Supplement in Australia?
Glucofort Australia - Glucofort is an efficient, all-natural progressive glucose support supplement in Australia. This formula is made out of 12 key ingredients, 7 nutrients, and minerals, and a little of Vanadium. This supplement upholds regulated glucose levels and glucose digestion. Glucofort prides itself as the most inventive supplements available in Oceania, accentuating its solidarity, wellbeing, and quality. Take Advantage of 75% Discount Offer in Australia >> https://boostsxproaustralia.com/glucofort-new Rather than simply
Australia Agriculture Market, Australia Agriculture Industry, Australia Agricult …
Australia Agriculture has been as vital within the development of Australia, because it was within the United States. Australia's ancient dominance in wheat and sheep continues into the 21st century. Recently Australian agriculture has become more and more diversified. The considerable expanses of productive land have helped Australia to become a number one world exporter of grains, meats, and wool. Each grains (predominantly wheat and barley) and wool markets round
Australia Conveyor Maintenance Analysis by Top Companies Habasit Australia Pty l …
Global Australia Conveyor Maintenance Market and Competitive Analysis Know your current market situation! Not only a vital element for brand new products but also for current products given the ever-changing market dynamics. The study allows marketers to remain involved with current consumer trends and segments where they'll face a rapid market share drop. Discover who you actually compete against within the marketplace, with Market Share Analysis know market position, to push
Australia Conveyor Maintenance Market Analysis By Manufacturers Rema Tip Top Aus …
A conveyor system is a common piece of mechanical handling device that moves materials/objects from one location. A conveyor is often lifeline to a company’s ability to effectively move its products in a timely manner. While it is used constantly in a manufacturing plant, proper maintenance from trained technicians can extend the lifespan of conveyor. Furthermore, conveyor maintenance is essential as it may be subjected to different types of failures