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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
A used car, often known as a pre-owned vehicle or a secondhand car, is one that has previously been owned by one or more retail owners.
Used automobiles can be purchased from a variety of sources, such as franchise and independent car dealers, rental car companies, buy here pay here dealerships, leasing offices, auctions, and private party transactions.
The Cameroon Used car Market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
Vehicle regulations in Africa: Impact on used vehicle import and new vehicle sales. Outdoor air pollution has increased mortality rates in Africa.
Motor vehicle pollution is a key contributor. However, at least 85% of Africa's car fleet consists of second hand vehicles, some of which are outmoded and use outdated technologies.
The current and prospective automobile restrictions in several African countries, as well as their impact on used vehicle imports, new vehicle sales, and production. The study will include detailed data on used vehicle imports into Africa.
The stats show that used vehicle imports continue to rise in countries such as Nigeria and Libya. Vehicle standards have not increased the buying or manufacturing of new automobiles anywhere in Africa.
The age restriction and ban on used vehicles have not resulted in the surge in new vehicle sales that many officials had hoped for.
Used car growth fell by 8.6%, while new vehicle growth fell by 6%. The study revealed that, while zero-rated new automobiles fitted with obsolete technologies are sold in Africa, policymakers have mostly ignored their impact. More recommendations on harmonised vehicle standards for Africa have been made.
Sl no | Topic |
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in the Industry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
21 | Product installation rate by OEM, 2023 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2023 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |