| Product Code: ETC5376312 | Publication Date: Nov 2023 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Despite high concentration with top exporters like Thailand, China, and India, Laos experienced a significant decline in used car import shipments in 2023 with a negative Compound Annual Growth Rate (CAGR) of -12.4%. The growth rate plummeted by -17.65%, indicating a challenging market environment. With such a sharp decline, it is crucial for stakeholders to closely monitor market trends and consumer preferences to adapt their strategies for future success in the Laos used car import market.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Laos Used Car Market Overview |
3.1 Laos Country Macro Economic Indicators |
3.2 Laos Used Car Market Revenues & Volume, 2021 & 2031F |
3.3 Laos Used Car Market - Industry Life Cycle |
3.4 Laos Used Car Market - Porter's Five Forces |
3.5 Laos Used Car Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.6 Laos Used Car Market Revenues & Volume Share, By Vendor, 2021 & 2031F |
3.7 Laos Used Car Market Revenues & Volume Share, By Fuel Type, 2021 & 2031F |
4 Laos Used Car Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing urbanization and disposable income in Laos leading to higher demand for affordable transportation options. |
4.2.2 Limited access to public transportation infrastructure in Laos, driving the need for personal vehicles like used cars. |
4.2.3 Growing tourism industry in Laos creating demand for rental cars and transportation services, boosting the used car market. |
4.3 Market Restraints |
4.3.1 Lack of proper regulations and enforcement in the used car market leading to issues like fraud and poor quality vehicles. |
4.3.2 Limited availability of financing options for purchasing used cars in Laos, hindering potential buyers. |
4.3.3 High import tariffs and taxes on used cars in Laos increasing overall costs for buyers and impacting market growth. |
5 Laos Used Car Market Trends |
6 Laos Used Car Market Segmentations |
6.1 Laos Used Car Market, By Vehicle Type |
6.1.1 Overview and Analysis |
6.1.2 Laos Used Car Market Revenues & Volume, By Hatchbacks, 2021-2031F |
6.1.3 Laos Used Car Market Revenues & Volume, By Sedan, 2021-2031F |
6.1.4 Laos Used Car Market Revenues & Volume, By Sports Utility Vehicle, 2021-2031F |
6.1.5 Laos Used Car Market Revenues & Volume, By Others, 2021-2031F |
6.2 Laos Used Car Market, By Vendor |
6.2.1 Overview and Analysis |
6.2.2 Laos Used Car Market Revenues & Volume, By Organized, 2021-2031F |
6.2.3 Laos Used Car Market Revenues & Volume, By Unorganized, 2021-2031F |
6.3 Laos Used Car Market, By Fuel Type |
6.3.1 Overview and Analysis |
6.3.2 Laos Used Car Market Revenues & Volume, By Gasoline, 2021-2031F |
6.3.3 Laos Used Car Market Revenues & Volume, By Diesel, 2021-2031F |
6.3.4 Laos Used Car Market Revenues & Volume, By Alternative Fuel Vehicles, 2021-2031F |
7 Laos Used Car Market Import-Export Trade Statistics |
7.1 Laos Used Car Market Export to Major Countries |
7.2 Laos Used Car Market Imports from Major Countries |
8 Laos Used Car Market Key Performance Indicators |
8.1 Average age of used cars in circulation in Laos. |
8.2 Percentage of consumers opting for used cars over new cars in Laos. |
8.3 Number of registered used car dealerships in Laos. |
9 Laos Used Car Market - Opportunity Assessment |
9.1 Laos Used Car Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.2 Laos Used Car Market Opportunity Assessment, By Vendor, 2021 & 2031F |
9.3 Laos Used Car Market Opportunity Assessment, By Fuel Type, 2021 & 2031F |
10 Laos Used Car Market - Competitive Landscape |
10.1 Laos Used Car Market Revenue Share, By Companies, 2024 |
10.2 Laos Used Car Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here