Middle East & Africa Used Car Market to 2032

Overview

The Middle East & Africa Used Car Market is expected to reach a 154,837.09 USD Billion by 2032 and is projected to grow at a CAGR of 7.87% from 2025 to 2032.

Revenue, 2024 (USD Billion)

95,818.53

Forecast, 2032 (USD Billion)

154,837.09

CAGR, 2024 - 2032

7.87%

Report Coverage

Middle East & Africa

Middle East & Africa Used Car Market 2018-2032 USD Billion

Middle East & Africa Used Car Market, Key Findings (2025-2032)

Market Growth and Projections:

Market Size (2024): 95,818.53 USD Billion
Projected Market Size (2032): 154,837.09 USD Billion
CAGR (2025-2032): 7.87%

Key Findings of Middle East & Africa Used Car Market

The Middle East & Africa Used Car Market was valued at 95,818.53 USD Billion in 2024.
The Middle East & Africa Used Car Market is likely to grow at a CAGR of 7.87% 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 75,665.74 USD Billion
The fastest growing segment Small (Below 1499 CC) in Engine Capacity Segment grew Fastest with a CAGR of 9.62% during the forecast period from 2024 to 2032.

Middle East & Africa Used Car Market Scope

Middle East & Africa Used Car Market Segmentation & Scope

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

Vehicle Type

Electric Vehicle
HCV
LCV
Passenger Cars

Vendor Type

Unorganised
Organised

Middle East & Africa Used Car Market Data Coverage Insights

Study Period	2024-2032
Base Year	2020
Unit	Revenue in USD Billion
Market Value in 2024	95,818.53 USD Billion
Market Value in 2032	154,837.09 USD Billion
CAGR (2025-2032)	7.87%
Historic Data	2016-2023
Market Segments Covered	Propulsion Type,Engine Capacity,Dealership,Sales Channel,Vehicle Type,Vendor Type

Regional Insights:

Leading Market (2024-2032): Middle East & Africa, leading in terms of revenue 95,818.53 USD Billion in 2024
- Key Country: RoMEA, leading in terms of revenue with value of 31,589.26 USD Billion in 2024.

Segments and Scope

Middle East & Africa Used Car Market to 2032, By Propulsion Type
- Petrol is the largest segment in Middle East & Africa Used Car Market to 2032 with a revenue of 64,245.74 USD Billion in the year 2024.
- Petrol is the Fastest growing segment in Middle East & Africa Used Car Market to 2032 with a Growth rate of 8.24 % in forecast period 2025-2032.
Middle East & Africa Used Car Market to 2032, By Engine Capacity
- Small (Below 1499 CC) is the largest segment in Middle East & Africa Used Car Market to 2032 with a revenue of 47,236.76 USD Billion in the year 2024.
- Small (Below 1499 CC) is the Fastest growing segment in Middle East & Africa Used Car Market to 2032 with a Growth rate of 9.62 % in forecast period 2025-2032.
Middle East & Africa Used Car Market to 2032, By Dealership
- Franchised is the largest segment in Middle East & Africa Used Car Market to 2032 with a revenue of 71,325.12 USD Billion in the year 2024.
- Franchised is the Fastest growing segment in Middle East & Africa Used Car Market to 2032 with a Growth rate of 8.89 % in forecast period 2025-2032.
Middle East & Africa Used Car Market to 2032, By Sales Channel
- Offline is the largest segment in Middle East & Africa Used Car Market to 2032 with a revenue of 67,507.25 USD Billion in the year 2024.
- Online is the Fastest growing segment in Middle East & Africa Used Car Market to 2032 with a Growth rate of 7.31 % in forecast period 2025-2032.
Middle East & Africa Used Car Market to 2032, By Vehicle Type
- Passenger Cars is the largest segment in Middle East & Africa Used Car Market to 2032 with a revenue of 75,665.74 USD Billion in the year 2024.
- Passenger Cars is the Fastest growing segment in Middle East & Africa Used Car Market to 2032 with a Growth rate of 8.38 % in forecast period 2025-2032.
Middle East & Africa Used Car Market to 2032, By Vendor Type
- Organised is the largest segment in Middle East & Africa Used Car Market to 2032 with a revenue of 62,864.57 USD Billion in the year 2024.
- Organised is the Fastest growing segment in Middle East & Africa Used Car Market to 2032 with a Growth rate of 9.61 % in forecast period 2025-2032.

Middle East & Africa Used Car Market Company Share Analysis

Company Name
Hendrick Automotive Group
Asbury Automotive Group
AutoNation
CarMax Enterprise Services, LLC
LITHIA MOTORS., INC.

Middle East & Africa Used Car Market Geographical Sales Distribution, 2018-2032 USD Billion

Middle East & Africa Used Car Market Company Profiling

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Frequently Asked Questions

What are the primary segments covered in the Middle East & Africa Used Car Market?

The Middle East & Africa Used Car Market is segmented based on Segmentation Propulsion Type,Engine Capacity,Dealership,Sales Channel,Vehicle Type,Vendor Type.

What is the current market size of the Middle East & Africa Used Car Market?

Middle East & Africa Used Car Market was valued at USD 95,818.53(Revenue in USD Billion) in 2020.

What is the expected growth rate of the Middle East & Africa Used Car Market?

Middle East & Africa Used Car Market is projected to grow at a CAGR of 7.87% during the forecast period of 2024 to 2032.

Which is the dominating segment in the Middle East & Africa Used Car Market?

The Passenger Cars segment is expected to dominate the Middle East & Africa Used Car Market, holding a largest market share of 75,665.74 USD Billion in 2024