India Used Two Wheeler Market Overview
According to SPER Market Research, the India Used Two Wheeler Market is estimated to reach USD XX billion by 2032 with a CAGR of XX%.
In India, the used two-wheeler market is a substantial component of the country's extensive two-wheeler industry, which ranks among the world's largest. Owning a two-wheeler is a widespread and cost-effective method of transportation for both individuals and families in India, as factors such as escalating fuel prices, expanding traffic congestion, and the necessity for better mobility have led to an increased demand for two-wheelers, particularly used ones. The Indian used two-wheeler market encompasses a variety of vehicles, including scooters, motorcycles, mopeds, and electric bikes. The market is primarily unorganized, with many small and medium-sized dealers conducting operations in different regions of the country. However, in recent years, several online platforms have emerged, offering a more structured and streamlined process for purchasing and selling used two-wheelers.
The pricing of used two-wheelers in India is influenced by various factors, such as the make, model, age, mileage, condition, and location of the vehicle. Additionally, there is a significant price disparity between two-wheelers in different parts of the country, with prices typically being higher in urban areas. Overall, the used two-wheeler market in India is predicted to continue expanding in the years ahead, powered by drivers such as an increasing demand for affordable transportation, the growing popularity of online platforms, and an enhanced awareness of sustainability and electric mobility.
Impact of COVID-19 on the India Used Two Wheeler Market
The COVID-19 pandemic had a mixed impact on the Indian used two-wheeler market. While the market initially suffered due to the strict lockdown measures and restrictions on mobility, it eventually saw a surge in demand for affordable personal transportation options, including used two-wheelers. With the need for social distancing and a preference for personal vehicles over public transportation, many customers turned to the used two-wheeler market as a more economical and accessible option. Additionally, the pandemic led to a rise in demand for delivery services, which further fueled the demand for two-wheelers. However, the market also faced challenges such as a lack of supply due to disruptions in the supply chain, and a reduced number of transactions due to restrictions on movement and economic uncertainties. Nevertheless, the Indian used two-wheeler market has shown resilience and adaptability in the face of the pandemic, and the trend of rising demand for affordable personal transportation is expected to continue to drive the growth of the market in the future.
Scope of the Report:
Report Metric | Details |
Market size available for years | 2019-2032 |
Base year considered | 2021 |
Forecast period | 2022-2032 |
Segments covered | By Market, By Sales Channel, By Source, By Modification, By Type of Bike, By Engine Capacity, By Certification
|
Regions covered | Karnataka, Maharashtra, Delhi NCR, Haryana, Tamil Nadu, Telangana, Gujarat, Others
|
Companies Covered | Bike Bazaar, Bikers Highway, CredR, Ducati, Honda Best Deal, Mahindra First Choice, Royal Enfield Vintage, Suzuki Best Value
|
India Used Two Wheeler Market Segmentation:
1. By Market:
2. By Sales Channel:
3. By Source:
4. By Modification:
5. By Type of Bike:
6. By Engine Capacity:
- 100CC-110CC
- 125CC-135CC
- 150CC-200CC
- Others
7. By Certification:
8. By Region:
- Karnataka
- Maharashtra
- Delhi NCR
- Haryana
- Tamil Nadu
- Telangana
- Gujarat
- Others
Key Topics Covered in the Report:
- Size of India Used Two Wheeler Market (FY’2019-FY’2032)
- Overview of India Used Two Wheeler Market
- Segmentation of India Used Two Wheeler Market By Market(Unorganized, Organized)
- Segmentation of India Used Two Wheeler Market By Sales Channel(C2C Channel, B2C Channel)
- Segmentation of India Used Two Wheeler Market By Source(Domestic, Imports)
- Segmentation of India Used Two Wheeler Market By Modification(Stock Price, Customised)
- Segmentation of India Used Two Wheeler Market By Type of Bike(Motorcycles, Scooters)
- Segmentation of India Used Two Wheeler Market By Engine Capacity(100CC-110CC, 125CC-135CC, 150CC-200CC, Others)
- Segmentation of India Used Two Wheeler Market By Certification(Certified, Non Certified)
- Statistical Snap of India Used Two Wheeler Market
- Growth Analysis of India Used Two Wheeler Market
- Problems and Challenges in India Used Two Wheeler Market
- Competitive Landscape in the India Used Two Wheeler Market
- Impact of COVID-19 and Demonetization on India Used Two Wheeler Market
- Details on Recent Investment in India Used Two Wheeler Market
- Competitive Analysis of India Used Two Wheeler Market
- Major Players in the India Used Two Wheeler Market
- SWOT Analysis of India Used Two Wheeler Market
- India Used Two Wheeler Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2. COVID-19 Impacts of the India Used Two Wheeler Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Competitive Landscape
6.1 India Used Two Wheeler Market Manufacturing Base Distribution, Sales Area, Product Type
6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in India Used Two Wheeler Market
7. India Used Two Wheeler Market, By Market, 2019-2032 (USD Million)
7.1 Organized
7.2 Unorganized
8. India Used Two Wheeler Market, By Sales Channel, 2019-2032(USD Million)
8.1 C2C Channel
8.2 B2C Channel
9. India Used Two Wheeler Market, By Source, 2019-2032(USD Million)
9.1 Domestic
9.2 Imports
10. India Used Two Wheeler Market, By Modification, 2019-2032(USD Million)
10.1 Stock Price
10.2 Customized
11. India Used Two Wheeler Market, By Type of Bike, 2019-2032(USD Million)
11.1 Motorcycles
11.2 Scooters
12. India Used Two Wheeler Market, By Engine Capacity, 2019-2032(USD Million)
12.1 100CC-110CC
12.2 125CC-135CC
12.3 150CC-200CC
12.4 Others
13. India Used Two Wheeler Market, By Certification, 2019-2032(USD Million)
13.1 Certified
13.2 Non Certified
14. India Used Two Wheeler Market, By Region, 2019-2032 (USD Million)
14.1 India Used Two Wheeler Market Size and Market Share by Region (2019-2025)
14.2 India Used Two Wheeler Market Size and Market Share by Region (2026-2032)
14.3 Karnataka
14.4 Maharashtra
14.5 Delhi NCR
14.6 Haryana
14.7 Tamil Nadu
14.8 Telangana
14.9 Gujarat
14.10 Others
15. Company Profiles
15.1 Bike Bazaar
15.1.1 Company details
15.1.2 Financial outlook
15.1.3 Product summary
15.1.4 Recent developments
15.2 Bikers Highway
15.2.1 Company details
15.2.2 Financial outlook
15.2.3 Product summary
15.2.4 Recent developments
15.3 CredR
15.3.1 Company details
15.3.2 Financial outlook
15.3.3 Product summary
15.3.4 Recent developments
15.4 Ducati
15.4.1 Company details
15.4.2 Financial outlook
15.4.3 Product summary
15.4.4 Recent developments
15.5 Honda Best Deal
15.5.1 Company details
15.5.2 Financial outlook
15.5.3 Product summary
15.5.4 Recent developments
15.6 Mahindra First Choice
15.6.1 Company details
15.6.2 Financial outlook
15.6.3 Product summary
15.6.4 Recent developments
15.7 Royal Enfield Vintage
15.7.1 Company details
15.7.2 Financial outlook
15.7.3 Product summary
15.7.4 Recent developments
15.8 Suzuki Best Value
15.8.1 Company details
15.8.2 Financial outlook
15.8.3 Product summary
15.8.4 Recent developments
16. List of Abbreviations
17. Reference Links
18. Conclusion
19. 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.