Australia Used Car Market to 2032
Overview
The Australia Used Car Market is expected to reach a 34,381.04 USD Billion by 2032 and is projected to grow at a CAGR of 10.39% from 2025 to 2032.
Revenue, 2024 (USD Billion)
18,938.46
Forecast, 2032 (USD Billion)
34,381.04
CAGR, 2024 - 2032
10.39%
Report Coverage
Australia
Australia Used Car Market 2018-2032 USD Billion
Australia Used Car Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 18,938.46 USD Billion
- Projected Market Size (2032): 34,381.04 USD Billion
- CAGR (2025-2032): 10.39%
Key Findings of Australia Used Car Market
- The Australia Used Car Market was valued at 18,938.46 USD Billion in 2024.
- The Australia Used Car Market is likely to grow at a CAGR of 10.39% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Passenger Cars in Vehicle Type Segment accounted for the largest share of the market with a revenue of 14,299.22 USD Billion
- The fastest growing segment Online in Sales Channel Segment grew Fastest with a CAGR of 11.78% during the forecast period from 2024 to 2032.
Australia Used Car Market Scope
Australia Used Car Market Segmentation & Scope
Vendor Type
- Unorganised
- Organised
Propulsion Type
- Others
- CNG
- LPG
- Electric
- Diesel
- Petrol
Engine Capacity
- Full Size (Above 2500 CC)
- Mid-Size (1500-2499 CC)
- Small (Below 1499 CC)
Dealership
- Independent
- Franchised
Vehicle Type
- Electric Vehicle
- HCV
- LCV
- Passenger Cars
Sales Channel
- Online
- Offline
Australia Used Car Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2020 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 18,938.46 USD Billion |
| Market Value in 2032 | 34,381.04 USD Billion |
| CAGR (2025-2032) | 10.39% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Vendor Type,Propulsion Type,Engine Capacity,Dealership,Vehicle Type,Sales Channel |
Regional Insights:
-
Leading Market (2024-2032): Australia, leading in terms of revenue 18,938.46 USD Billion in 2024
- Key Country: Australia, leading in terms of revenue with value of 18,938.46 USD Billion in 2024.
Segments and Scope
-
Australia Used Car Market to 2032, By Vendor Type
- Organised is the largest segment in Australia Used Car Market to 2032 with a revenue of 12,795.17 USD Billion in the year 2024.
- Organised is the Fastest growing segment in Australia Used Car Market to 2032 with a Growth rate of 11.72 % in forecast period 2025-2032.
-
Australia Used Car Market to 2032, By Propulsion Type
- Petrol is the largest segment in Australia Used Car Market to 2032 with a revenue of 11,179.69 USD Billion in the year 2024.
- Petrol is the Fastest growing segment in Australia Used Car Market to 2032 with a Growth rate of 10.77 % in forecast period 2025-2032.
-
Australia Used Car Market to 2032, By Engine Capacity
- Small (Below 1499 CC) is the largest segment in Australia Used Car Market to 2032 with a revenue of 8,469.87 USD Billion in the year 2024.
- Small (Below 1499 CC) is the Fastest growing segment in Australia Used Car Market to 2032 with a Growth rate of 11.65 % in forecast period 2025-2032.
-
Australia Used Car Market to 2032, By Dealership
- Franchised is the largest segment in Australia Used Car Market to 2032 with a revenue of 13,693.77 USD Billion in the year 2024.
- Franchised is the Fastest growing segment in Australia Used Car Market to 2032 with a Growth rate of 11.32 % in forecast period 2025-2032.
-
Australia Used Car Market to 2032, By Vehicle Type
- Passenger Cars is the largest segment in Australia Used Car Market to 2032 with a revenue of 14,299.22 USD Billion in the year 2024.
- Passenger Cars is the Fastest growing segment in Australia Used Car Market to 2032 with a Growth rate of 10.84 % in forecast period 2025-2032.
-
Australia Used Car Market to 2032, By Sales Channel
- Offline is the largest segment in Australia Used Car Market to 2032 with a revenue of 12,955.61 USD Billion in the year 2024.
- Online is the Fastest growing segment in Australia Used Car Market to 2032 with a Growth rate of 9.75 % in forecast period 2025-2032.
Australia Used Car Market Company Share Analysis
| Company Name |
|
||
| Hendrick Automotive Group | |||
| Asbury Automotive Group | |||
| AutoNation | |||
| CarMax Enterprise Services, LLC | |||
| LITHIA MOTORS., INC. | |||
Australia Used Car Market Geographical Sales Distribution, 2018-2032 USD Billion
Australia Used Car Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Australia Used Car Market is segmented based on Segmentation Vendor Type,Propulsion Type,Engine Capacity,Dealership,Vehicle Type,Sales Channel.
Australia Used Car Market was valued at USD 18,938.46(Revenue in USD Billion) in 2020.
Australia Used Car Market is projected to grow at a CAGR of 10.39% during the forecast period of 2024 to 2032.
The Passenger Cars segment is expected to dominate the Australia Used Car Market, holding a largest market share of 14,299.22 USD Billion in 2024
Australia Used Car Market Scope
Australia Used Car Market Segmentation & Scope
Vendor Type
- Unorganised
- Organised
Propulsion Type
- Others
- CNG
- LPG
- Electric
- Diesel
- Petrol
Engine Capacity
- Full Size (Above 2500 CC)
- Mid-Size (1500-2499 CC)
- Small (Below 1499 CC)
Dealership
- Independent
- Franchised
Vehicle Type
- Electric Vehicle
- HCV
- LCV
- Passenger Cars
Sales Channel
- Online
- Offline
Frequently Asked Questions
The Australia Used Car Market is segmented based on Segmentation Vendor Type,Propulsion Type,Engine Capacity,Dealership,Vehicle Type,Sales Channel.
Australia Used Car Market was valued at USD 18,938.46(Revenue in USD Billion) in 2020.
Australia Used Car Market is projected to grow at a CAGR of 10.39% during the forecast period of 2024 to 2032.
The estimated market value of the Australia Used Car Market for final year is USD 34,381.04 (USD Billion).
Australia Used Car Market Company Profiling
Frequently Asked Questions
The Australia Used Car Market is segmented based on Segmentation Vendor Type,Propulsion Type,Engine Capacity,Dealership,Vehicle Type,Sales Channel.
Australia Used Car Market was valued at USD 18,938.46(Revenue in USD Billion) in 2020.
Australia Used Car Market is projected to grow at a CAGR of 10.39% during the forecast period of 2024 to 2032.
The estimated market value of the Australia Used Car Market for final year is USD 34,381.04 (USD Billion).
HAVE A QUESTION?
Get expert advice on the right strategy for your business at no cost. We also offer customized subscription plans and affordable discounts for startups and universities.