The possession of private mini trucks in China is forecasted to decline sharply from 2024 to 2028. In 2023, the possessions stood at a higher point, illustrating a notable utilization of mini trucks. From 2024, a considerable year-on-year decrease is anticipated: 28.76% in 2025, 31.73% in 2026, 38.03% in 2027, and 47.73% in 2028. Over five years, from 2024 to 2028, the compound annual growth rate (CAGR) predicts a significant drop, suggesting a shifting preference or potential economic adjustments within China's transportation industry.

Future trends to watch for include:

An increase in alternative vehicle types such as electric or hybrid mini trucks as governments push for greener initiatives.
Possible economic factors affecting vehicle affordability and ownership patterns.
Technological advancements leading to a potential revival or transformation of this segment.