The report titled “India Used Car Market Outlook to 2020 – Growing Preferences and Emergence of Web Aggregators” provides a comprehensive analysis of the used car sales in India through online and offline means. The report first analyzes the market of used car in detail, with major segmentation of distribution channels, marketing channels and by demand from major cities. On the competition front, market share of major players in the used car market with detailed company profile has been presented. On the other side, online used car market has been presented with a focus on the positioning of major online web aggregators in the market, with detailed company profile. The report also shed light on the market size of online used car market, market share, company profiles of major portals along with the business model and customer profiles of online used car buyers. The report also includes macroeconomic factors which have been analyzed to determine the future prospects of the Industry.
The number of Maruti True Value showrooms which sell used cars in India at present is the highest as compared to that for other organized players in the market such as Mahindra First Choice, TATA Motors Assured, Hyundai, Honda and Toyota. In FY’2013, Maruti True Value had a market share of ~% in the entire market. In terms of value, the industry is expected to grow at a rate of ~% over the period FY’2016-FY’2020 with the revenue reaching to INR ~ billion by FY’2020 from INR ~ billion in FY’2016. Over the historical years, FY’2010-FY’2015, the economic slowdown and a decline in the value of rupee have also helped the second hand car market to develop at a considerable rate in the past.
The online used car market in India generates a large portion of its revenue through advertisements. The revenue generated by the online used car market in India witnessed a consistent increase from FY’2010 to FY’2015, recording a CAGR of ~% during the period. With rising disposable income of the households, the buyers spending capacity on used cars is also expected to spur in the future. At present, majority of the buyers purchasing online have a maximum budget of INR ~, however, with rising incomes, the budget might increase, thereby leading to greater revenue for the market
CarWale.com had a market share of ~% in terms of the volume of online used cars sold in FY’2013, which has reduced to ~% in FY’2015. Car Dekho.com acquired ~% market share during the year. This was followed by Gaadi.com (now a part of Cardekho only) which held a market share of ~% in terms of the total volume of online used car sold in FY’2015.
Key Topics Covered in the Report:
- The market size of the Used Car Market - Market segmentation of the used car market on the basis of organizational structure, types of used car, types of distribution channels, types of marketing channels and major cities - Trends and Development in the used car Market. - Market share and detailed company profiles of the major used car Players in India. - Future Outlook and Projections of Used Car Market in India - The Market Size of Online Used Car Market - Business Model of Online Used Car Market - Market Share and Detailed Company Profiles of Major Players in Online Used car Market - Future Outlook and Projections of Online Used Car Market
Table Of Contents
India Used Car Market Outlook to 2020 - Growing Preference and Emergence of Web Aggregators TABLE OF CONTENTS 1. India Used Car Market Introduction 2. Value Chain Analysis of Used Car Industry in India 3. India Used Car Market Size 3.1. By Volume, FY'2010-FY'2015 3.2. By Value, FY'2010-FY'2015 4. India Used Car Market Segmentation 4.1. By Organizational Structure 4.1.1. By Value, FY'2013 and FY'2015 4.1.2. By Volume, FY'2010-FY'2015 4.2. By Types of Used Cars 4.2.1. By Value, FY'2013 and FY'2015 4.2.2. By Volume, FY'2013 and FY'2015 4.3. By Type of Distribution Channels, FY'2013 and FY'2015 4.4. By Type of Marketing Channels, FY'2013 and FY'2015 4.5. By Major Cities in India by Volume, FY'2015 5. Trends and Developments in Used Car Industry in India Increasing Popularity of Used Cars Emergence of Online Auto Portals Greater Offerings to Customers by Online Channels 6. Government Regulations in Used Car Industry in India Regulations on Import of Used Cars Bank Loans for Used Cars 7. Market Share of Major Players in the Used Car Market in India 7.1. By Volume, FY'2013 and FY'2015 7.2. By Revenue, FY'2015 8. Company Profiles of Major Players in Used Car Industry in India 8.1. Maruti True Value (MTV) 8.1.1. Business Overview 8.1.2. Certification Process of Used Cars by MTV 8.1.3. Business Strategies 8.2. Tata Motors Assured (TMA) 8.2.1. Business Overview 8.2.2. Certification Process of Used Cars by TMA 8.2.3. Business Strategies 8.3. Mahindra First Choice Wheels Limited (MFCWL) 8.3.1. Business Overview 8.3.2. Certification Process of Used Cars by MFCWL 8.3.3. Business Strategies 8.4. Hyundai Advantage (HA) 8.4.1. Business Overview 8.4.2. Certification Process of Used Cars by HA 8.4.3. Business Strategies 8.5. Honda Auto Terrace (HAT) 8.5.1. Business Overview 8.5.2. Certification Process of Used Cars by Honda Auto Terrace 8.5.3. Business Strategies 9. India Used Car Market Future Outlook and Projections, FY'2016-FY'2020 9.1. Cause and Effect Relationship between Dependent and Independent Factors of the Used Car Market in India 10. India Online Used Car Market Introduction 10.1. India Online Used Car Market Size, FY'2010-FY'2015 10.2. India Online Used Cars Market Model 10.3. India Online Used Cars Market Business Model 10.4. India Online Used Cars Market Customer Profile 10.5. Market Share of Major Players in Online Used Cars Market in India, FY'2015 10.6. Competitive Landscape of Major Players in Online Used Car Industry in India 10.6.1. CarWale.com Company Overview Key Performance Indicators of Car Wale and Future Endeavors Location of Dealerships 10.6.2. CarTrade.com Company Overview Key Developments and Future Endeavors: 10.6.3. CarDekho.com Company Overview Key Performance Indicators of CarDekho and Future Endeavors Location of Dealerships 10.6.4. Zigwheels.com Company Overview Key Performance Indicators of Zigwheels and Future Endeavors 10.7. India Online Used Car Market Future Outlook and Projections, FY'2016 - FY'2020 11. Macroeconomic Indicators of India Used Car Market: Historical and Projections 11.1. Total Passenger Vehicle Sales in India, FY'2010-FY'2020 11.2. Personal Disposable Income in India, FY'2010 - FY'2020 11.3. Population in India, 2010-2020 11.4. Number of Internet Users in India, 2010-2020 12. Appendix 12.1. Market Definition 12.2. Abbreviations 12.3. Research Methodology Data Collection Methods Approach Variables (Dependent and Independent) Multi Factor Based Sensitivity Model Final Conclusion 12.4. Disclaimer