Netherlands Used Car Market Introduction and Overview
According to SPER Market Research, the Netherlands Used Car Market is estimated to reach USD 51.71 billion by 2033 with a CAGR 3.26%.
The report includes an in-depth analysis of the Netherlands Used Car Market, including market size and trends, product mix, distribution channels, and supplier analysis. Pre-owned, used, or second hand cars are vehicles that have had one or more retail owners in the past. One can buy used cars from a variety of sources, including auctions, private party sales, buy here pay dealerships, franchise and independent car dealers, rental car companies, and leasing offices. Certain auto dealers provide extended service agreements or warranties, "no-haggle prices," and "certified" pre-owned vehicles.
- In July of 2023, Hedin Automotive B.V., a division of Hedin Mobility Group, successfully closed a big transaction to expand its brand portfolio and fortify its position in the Dutch automotive industry. This was a calculated move that involved buying Renova Automotive Group B.V. in its entirety, including every facet of the Dutch dealership group's BMW and MINI business.
- January 2023: A formal leasing deal for a production facility located in Oosterhout, North Brabant, Netherlands, has been formalized by AUTO1 Group, Europe's top digital automotive marketplace that specializes in the trade of pre-owned vehicles. This facility's sole focus is on restoring used vehicles for sale under the Autohero retail brand.
Market Opportunities and Challenges
Opportunities: One of the reasons for the spike in used car sales is that consumers are finding it more difficult to buy new vehicles. Industry participants have made large investments to grow their dealership networks in the used automobile market, which has further supported this trend. Advanced automotive amenities like climate control, power steering, and anti-lock brake systems are in high demand, according to the auto industry. The cost of new cars has gone up as a result. The price increase in 2019, which was mostly driven by mainstream passenger car categories, further indicates the affordability concerns in the new market. Because of this, the automotive industry's sales of used cars have increased in comparison to sales of new cars. This is expected to drive up demand for vintage automobiles.
Challenges: There are a number of challenges affecting the used car industry in the Netherlands that affect both firms and consumers. The regulatory environment, which includes strict emissions regulations and taxation laws that can affect pricing and affordability, is one major obstacle. Another problem is consumer trust, as worries about the reliability and history of a car can discourage prospective purchasers from making a purchase. In addition, there are a lot of dealerships and internet platforms fighting for customers in this highly competitive market, which causes price volatility and differing quality standards amongst sellers. Economic variables that impact the market's inventory levels and demand include shifting fuel prices and consumer spending patterns.
Market Competitive Landscape
The Netherlands' used automobile industry is partially fragmented, with major participants including Marktplaats, AutoScout24, Ooyyo, Gaspedaal, and Autokopen, among others. Interestingly, a number of well-known used car dealers are actively seeking growth tactics like joint ventures, mergers, and acquisitions. Meanwhile, new players are looking at prospects in the market at the same time, concentrating on diversifying their offers, growing their fleets, and taking advantage of government programs designed to support the used car industry.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Vehicle Type, By Vendor
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| Regions covered | Eastern region, Western region, Souther region, Northern Region
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| Companies Covered | AutoScout24, Autotrack, Autotrader, BOVAG, Bynco, Carros, Gaspedaal, Marktplaats, OOYYO Corp., Reezocar, and Others. |
COVID-19 Impact on Netherlands Used Car Market
In 2020, market demand was adversely affected by the COVID-19 pandemic, which forced governments to implement strict containment measures, social seclusion, lockdowns in specific regions, and quarantine periods. as a result of customer preferences shifting toward personal mobility and lockdown relaxations. This encouraged entrepreneurs to leverage online marketplaces catering to the used car sector, which provide adaptable financing alternatives. The increased consumer demand for used automobiles in price-sensitive locations is projected to propel the industry's expansion in the near future.
Key Target Audience:
- Individual Consumers
- Dealerships
- Online Platforms
- Automotive Auctions
- Fleet Managers
Our in-depth analysis of the Netherlands Used Car Market includes the following segments:
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By Vehicle Type:
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Hatchbacks
Sedan
Sports Utility Vehicles and Multi-Purpose Vehicles
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By Vendor:
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Organized
Unorganized
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Key Topics Covered in the Report:
- Netherlands Used Car Market Size (FY’2024-FY’2033)
- Overview of Netherlands Used Car Market
- Segmentation of Netherlands Used Car Market By Vehicle Type (Hatchbacks, Sedan, Sports Utility Vehicles and Multi-Purpose Vehicles)
- Segmentation of Netherlands Used Car Market By Vendor (Organized, Unorganized)
- Expansion Analysis of Netherlands Used Car Market
- Problems and Obstacles in Netherlands Used Car Market
- Competitive Landscape in the Netherlands Used Car Market
- Impact of COVID-19 and Demonetization on Netherlands Used Car Market
- Details on Current Investment in Netherlands Used Car Market
- Competitive Analysis of Netherlands Used Car Market
- Prominent Players in the Netherlands Used Car Market
- SWOT Analysis of Netherlands Used Car Market
- Netherlands Used Car Market Future Outlook and Projections (FY’2024-FY’2033)
- 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 Netherlands Used Car Market
5. Market variable 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
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. Netherlands Used Car Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Netherlands Used Car Market
7. Netherlands Used Car Market, By Vehicle Type (USD Million) 2020-2033
7.1. Netherlands Used Car Market Size, Share and Forecast, By Product Type, 2020-2026
7.2. Netherlands Used Car Market Size, Share and Forecast, By Product Type, 2027-2033
7.3. Hatchbacks
7.4. Sedan
7.5. Sports Utility Vehicles and Multi-Purpose Vehicles
8. Netherlands Used Car Market, By Vendor (USD Million) 2020-2033
8.1. Netherlands Used Car Market Size, Share and Forecast, By Vendor, 2020-2026
8.2. Netherlands Used Car Market Size, Share and Forecast, By Vendor, 2027-2033
8.3. Organized
8.4. Unorganized
9. Netherlands Used Car Market Forecast, 2020-2033 (USD Million)
9.1. Netherlands Used Car Market Size and Market Share
10. Netherlands Used Car Market, By Region, 2020-2033 (USD Million)
10.1. Netherlands Used Car Market Size and Market Share By Region (2020-2026)
10.2. Netherlands Used Car Market Size and Market Share By Region (2027-2033)
10.3. Eastern
10.4. Western
10.5. Southern
10.6. Northern
11. Company Profile
11.1. AutoScout24
11.1.1. Company details
11.1.2. Financial outlook
11.1.3. Product summary
11.1.4. Recent developments
11.2. Autotrack
11.2.1. Company details
11.2.2. Financial outlook
11.2.3. Product summary
11.2.4. Recent developments
11.3. Autotrader
11.3.1. Company details
11.3.2. Financial outlook
11.3.3. Product summary
11.3.4. Recent developments
11.4. BOVAG
11.4.1. Company details
11.4.2. Financial outlook
11.4.3. Product summary
11.4.4. Recent developments
11.5. Bynco
11.5.1. Company details
11.5.2. Financial outlook
11.5.3. Product summary
11.5.4. Recent developments
11.6. Carros
11.6.1. Company details
11.6.2. Financial outlook
11.6.3. Product summary
11.6.4. Recent developments
11.7. Gaspedaal
11.7.1. Company details
11.7.2. Financial outlook
11.7.3. Product summary
11.7.4. Recent developments
11.8. Marktplaats
11.8.1. Company details
11.8.2. Financial outlook
11.8.3. Product summary
11.8.4. Recent developments
11.9. OOYYO Corp.
11.9.1. Company details
11.9.2. Financial outlook
11.9.3. Product summary
11.9.4. Recent developments
11.10. Reezocar
11.10.1. Company details
11.10.2. Financial outlook
11.10.3. Product summary
11.10.4. Recent developments
11.11. Others
12. Conclusion
13. Reference Links
14. List of Abbreviations