EGYPT USED CAR MARKET

INTRODUCTIONEGYPT USED CAR MARKET

The Egypt Used Car Market is made up of organisations like organised original equipment manufacturers (OEMs), multi-brands, and online classified platforms, as well as financial institutions that offer services for financing used cars. This market is supported by an increase in the number of millennials living in the country.

Manufacturers' investments in building the brand, expanding the network of used car dealers, and allowing customers to select this option further support growth.

    With huge presence, Un-organized Sector outnumbers the Organized Sector of Used Car Market in Egypt. Independent dealers (Car Tents) have major influence on the market due to large presence across the country.

These dealers are increasing their online presence by listing their inventory on their own website/Facebook account or platforms, thereby attracting customers.

EGYPT USED CAR MARKETSIZE AND FORECAST

The Egypt 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.

EGYPT USED CAR MARKETMARKET DYNAMICS

This market has recently undergone a rapid digitization process, with several startups upending established players like classifieds in an effort to usher in a new era of used-car sale platforms. Popular brands with strong resale values in Egypt include GB Auto, Mansour Automotive, and Nissan.

Sylndr has not yet made its public debut. However, it is modelling its business after India's Cars24, which acquires vehicles from sellers, pays a predetermined price for them, restores them, and then resells them to new owners. The founders of Sylndr claim that they also intend to offer users a seven-day money-back guarantee, a warranty, and flexible financing options.

EGYPT USED CAR MARKETCOMPANY PROFILE

• Ghabbour Auto Group
• International Marathon United Technology (IMUT)
• CHINA-LUTONG DIESEL PARTS
• Hyundai Egypt
• ELECTROLAB
• EMCO CO, LLC
• Land Rover MENA
• Mini Egypt

THIS EGYPT USED CAR MARKET  REPORT WILL ANSWER FOLLOWING QUESTIONS

1. What is the average cost perEgypt Used car Marketright now and how will it change in the next 5-6 years?
2. Average cost to set up aEgypt Used car Marketin the US, Europe and China?
3. How manyEgypt Used car Marketare manufactured per annum globally? Who are the sub-component suppliers in different regions?
4. What is happening in the overall public, globally?
5. Cost breakup of aEgypt Used car Marketand key vendor selection criteria
6. Where is theEgypt Used car Market manufactured? What is the average margin per equipment?
7. Market share ofEgypt Used car Marketmanufacturers and their upcoming products
8. The most important plannedEgypt Used car Marketin next 2 years
9. Details on network of majorEgypt Used car Marketand pricing plans
10. Cost advantage for OEMs who manufactureEgypt Used car Marketin-house
11. 5 key predictions for next 5 years inEgypt Used car Market
12. Average B-2-BEgypt Used car Marketprice in all segments
13. Latest trends inEgypt Used car Market, by every market segment
14. The market size (both volume and value) ofEgypt Used car Marketin 2024-2030 and every year in between?
15. Global production breakup ofEgypt Used car Market, by suppliers and their OEM relationship