Malaysia Used Car Market to 2032
Overview
The Malaysia Used Car Market is expected to reach a 19,107.48 USD Billion by 2032 and is projected to grow at a CAGR of 8.65% from 2025 to 2032.
Revenue, 2024 (USD Billion)
11,411.94
Forecast, 2032 (USD Billion)
19,107.48
CAGR, 2024 - 2032
8.65%
Report Coverage
Malaysia
Malaysia Used Car Market 2018-2032 USD Billion
Malaysia Used Car Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 11,411.94 USD Billion
- Projected Market Size (2032): 19,107.48 USD Billion
- CAGR (2025-2032): 8.65%
Key Findings of Malaysia Used Car Market
- The Malaysia Used Car Market was valued at 11,411.94 USD Billion in 2024.
- The Malaysia Used Car Market is likely to grow at a CAGR of 8.65% 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 10,199.86 USD Billion
- The fastest growing segment Small (Below 1499 CC) in Engine Capacity Segment grew Fastest with a CAGR of 10.21% during the forecast period from 2024 to 2032.
Malaysia Used Car Market Scope
Malaysia Used Car Market Segmentation & Scope
Vehicle Type
- Electric Vehicle
- HCV
- LCV
- Passenger Cars
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
Sales Channel
- Online
- Offline
Vendor Type
- Unorganised
- Organised
Malaysia Used Car Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2020 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 11,411.94 USD Billion |
| Market Value in 2032 | 19,107.48 USD Billion |
| CAGR (2025-2032) | 8.65% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Vehicle Type,Propulsion Type,Engine Capacity,Dealership,Sales Channel,Vendor Type |
Regional Insights:
-
Leading Market (2024-2032): Malaysia, leading in terms of revenue 11,411.94 USD Billion in 2024
- Key Country: Malaysia, leading in terms of revenue with value of 11,411.94 USD Billion in 2024.
Segments and Scope
-
Malaysia Used Car Market to 2032, By Vehicle Type
- Passenger Cars is the largest segment in Malaysia Used Car Market to 2032 with a revenue of 10,199.86 USD Billion in the year 2024.
- Passenger Cars is the Fastest growing segment in Malaysia Used Car Market to 2032 with a Growth rate of 8.91 % in forecast period 2025-2032.
-
Malaysia Used Car Market to 2032, By Propulsion Type
- Petrol is the largest segment in Malaysia Used Car Market to 2032 with a revenue of 7,268.80 USD Billion in the year 2024.
- Petrol is the Fastest growing segment in Malaysia Used Car Market to 2032 with a Growth rate of 9.07 % in forecast period 2025-2032.
-
Malaysia Used Car Market to 2032, By Engine Capacity
- Small (Below 1499 CC) is the largest segment in Malaysia Used Car Market to 2032 with a revenue of 5,359.03 USD Billion in the year 2024.
- Small (Below 1499 CC) is the Fastest growing segment in Malaysia Used Car Market to 2032 with a Growth rate of 10.21 % in forecast period 2025-2032.
-
Malaysia Used Car Market to 2032, By Dealership
- Franchised is the largest segment in Malaysia Used Car Market to 2032 with a revenue of 8,385.78 USD Billion in the year 2024.
- Franchised is the Fastest growing segment in Malaysia Used Car Market to 2032 with a Growth rate of 9.70 % in forecast period 2025-2032.
-
Malaysia Used Car Market to 2032, By Sales Channel
- Offline is the largest segment in Malaysia Used Car Market to 2032 with a revenue of 7,917.68 USD Billion in the year 2024.
- Online is the Fastest growing segment in Malaysia Used Car Market to 2032 with a Growth rate of 8.01 % in forecast period 2025-2032.
-
Malaysia Used Car Market to 2032, By Vendor Type
- Organised is the largest segment in Malaysia Used Car Market to 2032 with a revenue of 7,846.24 USD Billion in the year 2024.
- Organised is the Fastest growing segment in Malaysia Used Car Market to 2032 with a Growth rate of 10.05 % in forecast period 2025-2032.
Malaysia Used Car Market Company Share Analysis
| Company Name |
|
||
| Hendrick Automotive Group | |||
| Asbury Automotive Group | |||
| AutoNation | |||
| CarMax Enterprise Services, LLC | |||
| LITHIA MOTORS., INC. | |||
Malaysia Used Car Market Geographical Sales Distribution, 2018-2032 USD Billion
Malaysia Used Car Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Malaysia Used Car Market is segmented based on Segmentation Vehicle Type,Propulsion Type,Engine Capacity,Dealership,Sales Channel,Vendor Type.
Malaysia Used Car Market was valued at USD 11,411.94(Revenue in USD Billion) in 2020.
Malaysia Used Car Market is projected to grow at a CAGR of 8.65% during the forecast period of 2024 to 2032.
The Passenger Cars segment is expected to dominate the Malaysia Used Car Market, holding a largest market share of 10,199.86 USD Billion in 2024
Malaysia Used Car Market Scope
Malaysia Used Car Market Segmentation & Scope
Vehicle Type
- Electric Vehicle
- HCV
- LCV
- Passenger Cars
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
Sales Channel
- Online
- Offline
Vendor Type
- Unorganised
- Organised
Frequently Asked Questions
The Malaysia Used Car Market is segmented based on Segmentation Vehicle Type,Propulsion Type,Engine Capacity,Dealership,Sales Channel,Vendor Type.
Malaysia Used Car Market was valued at USD 11,411.94(Revenue in USD Billion) in 2020.
Malaysia Used Car Market is projected to grow at a CAGR of 8.65% during the forecast period of 2024 to 2032.
The estimated market value of the Malaysia Used Car Market for final year is USD 19,107.48 (USD Billion).
Malaysia Used Car Market Company Profiling
Frequently Asked Questions
The Malaysia Used Car Market is segmented based on Segmentation Vehicle Type,Propulsion Type,Engine Capacity,Dealership,Sales Channel,Vendor Type.
Malaysia Used Car Market was valued at USD 11,411.94(Revenue in USD Billion) in 2020.
Malaysia Used Car Market is projected to grow at a CAGR of 8.65% during the forecast period of 2024 to 2032.
The estimated market value of the Malaysia Used Car Market for final year is USD 19,107.48 (USD Billion).
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