Product Code: ETC039261 | Publication Date: Aug 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The United Arab Emirates (UAE) used car market has been experiencing steady growth between 2025 and 2031. The market deals with the buying and selling of pre-owned vehicles, catering to various customer segments, including individuals, dealerships, and businesses. The market`s expansion can be attributed to various factors, including the UAE high demand for affordable transportation options, the influx of expatriates, and the preference for luxury cars at a reduced price.
One of the primary drivers of the UAE used car market is the country`s high demand for affordable transportation. With a significant population of residents and expatriates, there is a constant need for cost-effective mobility solutions. Used cars offer a more economical option compared to buying new vehicles, making them a popular choice among budget-conscious consumers. Moreover, the influx of expatriates to the UAE, who often require temporary or short-term transportation solutions, contributes to the demand for used cars.
Despite the positive outlook, the UAE used car market faces certain challenges. One significant concern is the issue of vehicle quality and transparency. Some consumers may be wary of purchasing used cars due to uncertainties about the vehicle`s history, maintenance record, and potential hidden defects. Building trust and ensuring transparency in the used car transaction process is crucial for market growth. Additionally, competition from new car sales and the availability of attractive financing options for new vehicles may impact the demand for used cars.
The Covid-19 pandemic had a notable impact on various industries, including the UAE used car market. During the pandemic, there were restrictions on mobility and economic uncertainties, leading to a temporary slowdown in the used car sales. However, as the UAE managed the pandemic and eased restrictions, economic activities resumed, driving the recovery of the used car market. Moreover, the pandemic`s impact on personal finances and job stability may have further increased the demand for affordable used cars.
CarSwitch, Dubizzle Motors, Cars24, Al-Futtaim Automall and The Elite Cars.
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 United Arab Emirates (UAE) Used Car Market Overview |
3.1 United Arab Emirates (UAE) Country Macro Economic Indicators |
3.2 United Arab Emirates (UAE) Used Car Market Revenues & Volume, 2021 & 2031F |
3.3 United Arab Emirates (UAE) Used Car Market - Industry Life Cycle |
3.4 United Arab Emirates (UAE) Used Car Market - Porter's Five Forces |
3.5 United Arab Emirates (UAE) Used Car Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.6 United Arab Emirates (UAE) Used Car Market Revenues & Volume Share, By Vendor, 2021 & 2031F |
3.7 United Arab Emirates (UAE) Used Car Market Revenues & Volume Share, By Fuel Type, 2021 & 2031F |
4 United Arab Emirates (UAE) Used Car Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 United Arab Emirates (UAE) Used Car Market Trends |
6 United Arab Emirates (UAE) Used Car Market, By Types |
6.1 United Arab Emirates (UAE) Used Car Market, By Vehicle Type |
6.1.1 Overview and Analysis |
6.1.2 United Arab Emirates (UAE) Used Car Market Revenues & Volume, By Vehicle Type, 2021-2031F |
6.1.3 United Arab Emirates (UAE) Used Car Market Revenues & Volume, By Hatchbacks, 2021-2031F |
6.1.4 United Arab Emirates (UAE) Used Car Market Revenues & Volume, By Sedan, 2021-2031F |
6.1.5 United Arab Emirates (UAE) Used Car Market Revenues & Volume, By Sports Utility Vehicle, 2021-2031F |
6.1.6 United Arab Emirates (UAE) Used Car Market Revenues & Volume, By Others, 2021-2031F |
6.2 United Arab Emirates (UAE) Used Car Market, By Vendor |
6.2.1 Overview and Analysis |
6.2.2 United Arab Emirates (UAE) Used Car Market Revenues & Volume, By Organized, 2021-2031F |
6.2.3 United Arab Emirates (UAE) Used Car Market Revenues & Volume, By Unorganized, 2021-2031F |
6.3 United Arab Emirates (UAE) Used Car Market, By Fuel Type |
6.3.1 Overview and Analysis |
6.3.2 United Arab Emirates (UAE) Used Car Market Revenues & Volume, By Gasoline, 2021-2031F |
6.3.3 United Arab Emirates (UAE) Used Car Market Revenues & Volume, By Diesel, 2021-2031F |
6.3.4 United Arab Emirates (UAE) Used Car Market Revenues & Volume, By Alternative Fuel Vehicles, 2021-2031F |
7 United Arab Emirates (UAE) Used Car Market Import-Export Trade Statistics |
7.1 United Arab Emirates (UAE) Used Car Market Export to Major Countries |
7.2 United Arab Emirates (UAE) Used Car Market Imports from Major Countries |
8 United Arab Emirates (UAE) Used Car Market Key Performance Indicators |
9 United Arab Emirates (UAE) Used Car Market - Opportunity Assessment |
9.1 United Arab Emirates (UAE) Used Car Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.2 United Arab Emirates (UAE) Used Car Market Opportunity Assessment, By Vendor, 2021 & 2031F |
9.3 United Arab Emirates (UAE) Used Car Market Opportunity Assessment, By Fuel Type, 2021 & 2031F |
10 United Arab Emirates (UAE) Used Car Market - Competitive Landscape |
10.1 United Arab Emirates (UAE) Used Car Market Revenue Share, By Companies, 2024 |
10.2 United Arab Emirates (UAE) Used Car Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |