Unorganised dealers dominate the Sales Volume in the Market: With majority of independent dealer in the country, the used car market is dominated by unorganized and Semi-organized dealers. Less-aged cars and popular brands with good resale value are highly valued by participants. Dealers are also increasing their online presence by listing their inventory on their own website/Facebook account or other social platforms resulting in market growth. Consequently, buyers have limited range of vehicle options to choose from.
Digital Transformation: Online players are emphasizing on integrating new-age technologies and building a robust sales network to give complete view of the car to customers. Considering the digital transformation across industries, new-age Auto Tech start-ups are emerging to disrupt the pre-owned car market. Thus, playing a crucial role in driving the sale of pre-owned cars online and bridging the gap between physical and digital sales.
Increase in Used Car Sales Demand in Covid-19 Pandemic: Rise in Used Car demand among consumers due to low prices amid pandemic restrictions with moderate operations across the country. Though mobility restrictions imposed across the country, the demand for used cars is due to consumer’s finding the lower prices of used cars more attractive with consumer preference e to avoid public transport because of the pandemic. Used Car Market Sales in Egypt at rebounding stage with a greater number of consumers shifting to personal vehicles.
Analysts at Ken Research in their latest publication “Egypt Used Car Market Outlook to 2026 – Driven by Shift In Consumer Demand along with Growth of Online Used Car Platforms and Availability of Financing Options by Ken Research observed that Egypt is an emergent used car market in MENA at rebounding stage from the economic crisis after pandemic. Accelerated millennials growth and increase in used car sales with seamless buyer experience is driving the used car industry growth. Collaboration among different partners and streams, tech-enabled services, are expected to drive the industry in the future. The Egypt Used Car Market is expected to grow at a double digit CAGR.
Market Structure by Market Size
- Organized Sector
- OEM Certified Dealers
- Local Multi-Brand Dealership
- Unorganized Sector
- C2C
- Independent Brokers
- Local Dealers
Key Segments Covered of Egypt Used Car Market
- By Type of Car
- Sedan
- Suv
- Hatchback/Economy
- By Manufacturer
- Hyundai
- Kia
- Nissan
- Toyota
- Chevrolet
- Fiat
- Mitsubishi
- Others
- By Kms Driven
- 5,000-35,000
- 35,000-80,000
- 80,000-120,000
- Above 120,000
- By Age of Vehicle
- 0-2 years
- 2-6 years
- 6-8 years
- 8 years or more
- By City
- Cairo & Giza
- Mansoura, Delta. Suez Canal
- Alexandria
- Others
- By Source of Lead Generation
- Online
- Offline
Key Target Audience
- Used Car Companies
- OEMs
- Multi-Brands
- Online Used Car Portals
- Used Car Financing Companies
- Government Bodies
- Investors & Venture Capital Firms
- Used Car Dealerships
- Used Car Industry
- Used Car Manufacturing Companies
- Used Car Distributors
- Used Car Auction Houses
- Used Car Associations
Time Period Captured in the Report:
- Historical Year: 2016-2021
- Forecast Period: 2021–2026F
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Companies Covered:
Major OEMs
- Automark Toyota
- BMW Pre-Owned & Mini-Cooper Approved
- Mercedes Benz Certified
- Volvo Selekt
- Porshe Approved
- Land Rover Approved
- Mesarati Approved
Major Multi-Brands
- Ellaithy Auto Groups
- Fabrika
- Elmasria Auto
- Abaza Auto Trade
Major Online Auto-Classifieds
- Hatla2ee
- Yallamotor
- Olx
- Opensooq
- CarSemsar
- Contactcars
Key Topics Covered in the Report
- Egypt Automotive Market Overview
- Egypt Used Car Market Overview
- Market Ecosystem
- Value chain Analysis
- Customer Buying Journey in Egypt
- Decision Making Parameters for Customers
- Offline and Online Business Models
- Detailed Analysis on Egypt Used Car Market (Market Size, 2021; Market Structure; Market Segmentations; Competition; Future Market Size, 2026; Future Trends and the Way Forward
- Snapshot on Online Used Car Platforms in Egypt
- Snapshot of Used Car Auction House in Egypt
- Snapshot of Finance Market in Egypt
- Business Opportunity (Customer Profile Analysis)
- Recommendations (Sales and Marketing Strategies, Positioning Strategies, Business Framework)
For more information on the research report, refer to below link:
Egypt Used Car Market Outlook to 2026
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