France Used Cars Market Growth, Trends, Share, Size, Scope, Competition and Future Opportunities 2033
France Used Car Market Size- By Market Structure, By Type of Used Car, By Fuel Type, By Kilometers Driven, By Ownership Period, By Car Brand - Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Mar-2023 | Report ID: AMIN2366 | Pages: 1 - 102 | Formats*: |
| Category : Automotive & Transportation | |||
France Used Car Market Overview
According to SPER Market Research, the France Used Car Market is estimated to reach USD 16.74 billion by 2033 with a CAGR 4.42%.
Pre-owned vehicles are the term used to refer to used vehicles that have had at least one previous owner. The cost of a pre-owned vehicle can vary significantly based on factors such as the model, year, and overall condition of the vehicle. For buyers of used cars, the condition of the vehicle is often a crucial consideration. In 2021, the automotive expert reported that the number of used car transactions in France increased by approximately 3.9 percent compared to 2019, whereas new car registrations saw a substantial decline of 25.1 percent. Additionally, it is estimated that more than six million cars changed ownership in 2021 alone.
Exploring the Growth Drivers of the France Used Car Industry
During the forecast period, it is projected that the France used car market will experience a Compound Annual Growth Rate (CAGR) of 4.42%, reaching a value of USD 16.74 billion by 2033. Several factors influence the growth of the France used car market. For starters, affordability is critical because used cars are often less expensive than new ones, attracting buyers on a tight budget. Furthermore, the desire to avoid rapid depreciation is a motivating factor, as used cars retain their value better than new cars. Another factor is the availability of a wide range of options in the used car market, which provides buyers with a diverse range of options, including rare or discontinued models. The dependability and durability of modern vehicles also contribute to the market's popularity, as they provide a dependable mode of transportation at a lower cost. Finally, environmental concerns play a role, as some buyers opt for used cars to reduce their carbon footprint and promote sustainability by utilizing existing resources. Collectively, these factors contribute to the growth and dynamics of the used car market in France.
What challenges does the France Used Car Market face?
The France used car market is facing a number of challenges. Market transparency is a critical issue, as buyers struggle to determine the true value and condition of vehicles due to sellers' incomplete or inaccurate information. Demand for used cars is influenced by competition from alternative modes of transportation such as ride-sharing and bicycles. Fraud and scams are a risk, with some sellers lying about car histories or ownership. Because lenders have stricter criteria, it is often more difficult to obtain financing for used cars than for new ones. Furthermore, evolving automotive technologies, such as electric vehicles, are reducing demand for older models lacking advanced features. Overcoming these obstacles necessitates careful research and decision-making on the part of both buyers and sellers.
In what ways has the COVID-19 pandemic affected France Used Car Market?
The COVID-19 pandemic had a significant impact on the France used car market. Due to movement restrictions and economic uncertainty, buyers postponed purchases during lockdowns, causing sales and demand to fall. Supply chain and logistics disruptions caused by manufacturing plant closures reduced the availability of used cars. Car movement and transactions were hampered by transportation issues. Economic uncertainty lowered consumer confidence, resulting in lower demand. Social distancing policies had an impact on the buying and selling process, making inspections and test drives more difficult. Overall, the pandemic slowed sales, disrupted supply chains, lowered consumer confidence, and complicated the purchasing process. The used car market is expected to stabilise as the situation improves.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Market Structure, By Type of Used Car, By Fuel Type, By Kilometers Driven, By Ownership Period, By Car Brand |
| Regions covered | Alsace, Aquitaine, Brittany, Burgundy, Corsica, Limousin, Lorraine, Picardy, Rhône-Alpes, Rest of France |
| Companies Covered | Aramisauto, Autoscout24, Auto-selection, Bernard Automobiles, BymyCAR, Car Avenue, Emil Frey France, Geudet, Jean Rouyer Automobiles, La Centrale, Leboncoin, Maurin, Paru Vendu, Others |
Key Target Audience:
- Automotive Manufacturers
- Car Auction Companies
- Industry Associations
- OEM Certified Dealerships
- OEM Manufacturers
- Offline Dealers
- Online Portal
- Online Portal
- Organized Multi Brands Dealers
- Private Equity and Venture Capitalist
- Others
France Used Car Market Segmentation:
1. By Market Structure:
- France Used Car Market Value Share and Forecast, By Market Structure, 2023-2033
- Organized Sector
- Unorganized Sector
2. By Type of Used Car:
- France Used Car Market Value Share and Forecast, By Type of Used Car, 2023-2033
- Economy
- Hatchback
- MPVs
- Sedan
- SUVs
3. By Fuel Type:
- France Used Car Market Value Share and Forecast, By Fuel Type, 2023-2033
- Diesel
- Electric
- Petrol
4. By Kilometers Driven:
- France Used Car Market Value Share and Forecast, By Kilometers Driven, 2023-2033
- Less than 5,000 km
- 5,000-20,000 km
- 20,000-50,000 km
- 50,000-80,000 km
- 80,000-120,000 km
- Above 120,000 km
5. By Region:
- Alsace
- Aquitaine
- Brittany
- Burgundy
- Corsica
- Limousin
- Lorraine
- Picardy
- Rhône-Alpes
- Rest of France
Key Topics Covered in the Report:
- France Used Car Market Size (FY’2023-FY’2033)
- Overview of France Used Car Market
- Segmentation of France Used Cars Market By Market Structure (Organized Sector, Unorganized Sector)
- Segmentation of France Used Cars Market By Type of Used Car (Economy, Hatchback, MPVs, Sedan, SUVs)
- Segmentation of France Used Cars Market By Fuel Type (Diesel, Electric, Petrol, Others)
- Segmentation of France Used Cars Market By Kilometers Driven (Less than 5,000 km, 5,000-20,000 km, 20,000-50,000 km, 50,000-80,000 km, 80,000-120,000 km, Above 120,000 km)
- Segmentation of France Used Cars Market By Ownership Period (Less than 6 years, 6 to 10 years, 11 to 15 years, Above 16 years)
- Segmentation of France Used Cars Market By Car Brand (Audi, BMW, Citroen, Ford, Mercedes, Nissan, Peugeot, Renault, Volkswagen, Others)
- Statistical Snap of France Used Car Market
- Growth Analysis of France Used Car Market
- Problems and Challenges in France Used Car Market
- Competitive Landscape in the France Used Car Market
- Impact of COVID-19 and Demonetization on France Used Car Market
- Details on Recent Investment in France Used Car Market
- Competitive Analysis of France Used Car Market
- Key Players in the France Used Car Market
- SWOT Analysis of France Used Car Market
- France Used Car Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the France Used Car Market
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. France Used Car Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in France Used Car Market
7. France Used Car Market, By Market Structure (USD Million)
7.1. France Used Car Market Value Share and Forecast, By Market Structure, 2023-20337.2. Organized Sector7.3. Unorganized Sector
8. France Used Car Market, By Type of Used Car (USD Million)
8.1. France Used Car Market Value Share and Forecast, By Type of Used Car, 2023-20338.2. Economy8.3. Hatchback8.4. MPVs8.5. Sedan8.6. SUVs
9. France Used Car Market, By Fuel Type (USD Million)
9.1. France Used Car Market Value Share and Forecast, By Fuel Type, 2023-20339.2. Diesel9.3. Electric9.4. Petrol9.5. Others
10. France Used Car Market, By Kilometers Driven (USD Million)
10.1. France Used Car Market Value Share and Forecast, By Kilometers Driven, 2023-203310.2. Less than 5,000 km10.3. 5,000-20,000 km10.4. 20,000-50,000 km10.5. 50,000-80,000 km10.6. 80,000-120,000 km10.7. Above 120,000 km
11. France Used Car Market, By Ownership Period (USD Million)
11.1. France Used Car Market Value Share and Forecast, By Ownership Period, 2023-203311.2. Less than 6 years11.3. 6 to 10 years11.4. 11 to 15 years11.5. Above 16 years
12. France Used Car Market, By Car Brand (USD Million)
12.1. France Used Car Market Value Share and Forecast, By Car Brand, 2023-203312.2. Audi12.3. BMW12.4. Citroen12.5. Ford12.6. Mercedes12.7. Nissan12.8. Others
13. France Used Car Market Forecast, 2019-2033 (USD Million)
13.1. France Used Car Market Size and Market Share
14. France Used Car Market, By Market Structure, 2019-2033 (USD Million)
14.1. France Used Car Market Size and Market Share by Market Structure (2019-2026)14.2. France Used Car Market Size and Market Share by Market Structure (2027-2033)
15. France Used Car Market, By Type of Used Car, 2019-2033 (USD Million)
15.1. France Used Car Market Size and Market Share by Type of Used Car (2019-2026)15.2. France Used Car Market Size and Market Share by Type of Used Car (2027-2033)
16. France Used Car Market, By Fuel Type, 2019-2033 (USD Million)
16.1. France Used Car Market Size and Market Share by Fuel Type (2019-2026)16.2. France Used Car Market Size and Market Share by Fuel Type (2027-2033)
17. France Used Car Market, By Kilometers Driven, 2019-2033 (USD Million)
17.1. France Used Car Market Size and Market Share by Kilometers Driven (2019-2026)17.2. France Used Car Market Size and Market Share by Kilometers Driven (2027-2033)
18. France Used Car Market, By Ownership Period, 2019-2033 (USD Million)
18.1. France Used Car Market Size and Market Share by Ownership Period (2019-2026)18.2. France Used Car Market Size and Market Share by Ownership Period (2027-2033)
19. France Used Car Market, By Car Brand, 2019-2033 (USD Million)
19.1. France Used Car Market Size and Market Share by Car Brand (2019-2026)19.2. France Used Car Market Size and Market Share by Car Brand (2027-2033)
20. France Used Car Market, By Region, 2019-2033 (USD Million)
20.1. France Used Car Market Size and Market Share by Region (2019-2026)20.2. France Used Car Market Size and Market Share by Region (2027-2033)20.3. Alsace20.4. Aquitaine20.5. Brittany20.6. Burgundy20.7. Corsica20.8. Limousin20.9. Lorraine20.10. Picardy20.11. Rhône-Alpes20.12. Rest of France
21. Company Profile
21.1. Aramisauto21.1.1. Company details21.1.2. Financial outlook21.1.3. Product summary21.1.4. Recent developments21.2. Autoscout2421.2.1. Company details21.2.2. Financial outlook21.2.3. Product summary21.2.4. Recent developments21.3. Auto-selection21.3.1. Company details21.3.2. Financial outlook21.3.3. Product summary21.3.4. Recent developments21.4. Bernard Automobiles21.4.1. Company details21.4.2. Financial outlook21.4.3. Product summary21.4.4. Recent developments21.5. BymyCAR21.5.1. Company details21.5.2. Financial outlook21.5.3. Product summary21.5.4. Recent developments21.6. Car Avenue21.6.1. Company details21.6.2. Financial outlook21.6.3. Product summary21.6.4. Recent developments21.7. Emil Frey France21.7.1. Company details21.7.2. Financial outlook21.7.3. Product summary21.7.4. Recent developments21.8. Geudet21.8.1. Company details21.8.2. Financial outlook21.8.3. Product summary21.8.4. Recent developments21.9. Jean Rouyer Automobiles21.9.1. Company details21.9.2. Financial outlook21.9.3. Product summary21.9.4. Recent developments21.10. La Centrale21.10.1. Company details21.10.2. Financial outlook21.10.3. Product summary21.10.4. Recent developments21.11. Leboncoin21.11.1. Company details21.11.2. Financial outlook21.11.3. Product summary21.11.4. Recent developments21.12. Maurin21.12.1. Company details21.12.2. Financial outlook21.12.3. Product summary21.12.4. Recent developments21.13. Paru Vendu21.13.1. Company details21.13.2. Financial outlook21.13.3. Product summary21.13.4. Recent developments21.14. Others
22. List of Abbreviations
23. Reference Links
24. Conclusion
25. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
France Used Cars Market CAGR of 4.42% during the forecast period.
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France Used Cars Market size is USD 16.74 billion from 2023 to 2033.
France Used Cars Market Segment is covered By Market Structure, By Type of Used Car, By Fuel Type, By Kilometers Driven, By Ownership Period, By Car Brand.
The Europe region is anticipated to have the highest market share in the France Used Cars Market.
The key players in the market include Companies Covered Aramisauto, Autoscout24, Auto-selection, Bernard Automobiles, BymyCAR, Car Avenue, Emil Frey France, Geudet, Jean Rouyer Automobiles, La Centrale, Leboncoin, Maurin, Paru Vendu.
The used car market in France is growing quickly. The introduction of organized participants to the market, which has addressed the trust issue that has long plagued the used automobile industry in those nations, is one of the additional reasons for this.
France Used Cars Market is projected to reach USD 16.74 billion by 2033, growing at a CAGR of 4.42% during the forecast period.
France Used Cars Market grew in market size from 2023. The Market is expected to reach USD 16.74 billion by 2033, at a CAGR of 4.42% during the forecast period.
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