Change Language

Select Language

COVID-19
The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.

UAE Certified Pre-Owned Car Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The UAE certified pre-owned car market is expected to exhibit a CAGR of 9% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Certified pre-owned cars refer to second-hand vehicles that are thoroughly inspected and tested by the automobile dealer to ensure specific standards of quality before being sold. These vehicles have been repaired to exceed the constraints of used vehicles. Some of the common varieties of certified pre-owned cars include hatchback, sedan, SUVs, etc. These cars are widely available for resale across traditional franchise and independent car stores, auctions, rental car companies, leasing offices, private party sales, etc. Certified pre-owned cars offer cost-efficient solutions while minimizing the depreciation of the vehicle, thereby gaining a widespread prominence among the masses. Besides this, these cars also offer numerous benefits to the users, including extended warranty protection, low-interest financing, free maintenance, roadside assistance, etc. 

UAE Certified Pre-Owned Car Market Trends:

The growing consumer inclination towards owning multiple vehicles for improved mobility, convenience, and luxury is primarily driving the growth of the UAE certified pre-owned car market. Moreover, the increasing popularity of certified pre-owned vehicles for shared services, such as ride-sharing, ride-hailing, car rental, etc., among UAE citizens as well as tourists due to their affordability is also propelling the market growth. Apart from this, the lower prices of certified pre-owned cars and numerous value-added services, such as long-term warranty, pre-installed accessories, easy maintenance, etc., offered by car dealers are further stimulating the product demand. Additionally, the increasing environmental consciousness and elevating focus on sustainable development are catalyzing the adoption of refurbished cars to reduce waste disposal and control carbon emissions, thereby augmenting the market growth in the UAE. Besides this, several pre-owned car retailers are adopting online platforms for digitalizing their operations to offer complete transparency to their users and reach out to a larger customer base. This is acting as a significant growth-inducing factor. Furthermore, the inflating number of expatriates in the region who prefer affordable private transportation rather than investing in a new car for a long-term commitment is also bolstering the market growth. Besides this, continuous advancements, including the integration of blockchain technologies to store and preserve the maintenance history record of pre-owned cars, are expected to drive the UAE certified pre-owned car market in the coming years.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the UAE certified pre-owned car market report, along with forecasts at the country and emirates level from 2022-2027. Our report has categorized the market based on car type, car age, fuel type, vendor type and distribution channel.

Breakup by Car Type:

  • Hatchback
  • Sedan
  • Sports Utility Vehicle
  • Others
     

Breakup by Car Age:

  • 0-4 Years
  • 4-8 Years
  • More than 8 Years
     

Breakup by Fuel Type:

  • Diesel
  • Petrol
  • Others
     

Breakup by Vendor Type:

  • Organized
  • Unorganized
     

Breakup by Distribution Channel:

  • Online
  • Offline
     

Breakup by Emirates:

  • Abu Dhabi
  • Dubai
  • Sharjah
  • Ajman
  • Others
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players- AlbaCars, Al-Futtaim, Al Naboodah Group (Saeed & Mohammed Al Naboodah Holding LLC), AL Tayer Group, AW Rostamani Group, Car Switch Dubai, Dubicars International FZ-LLC, Dubizzle Middle East FZ-LLC and The Elite Car.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Car Type, Car Age, Fuel Type, Vendor Type, Distribution Channel, Emirates
Emirates Covered Abu Dhabi, Dubai, Sharjah, Ajman
Companies Covered AlbaCars, Al-Futtaim, Al Naboodah Group (Saeed & Mohammed Al Naboodah Holding LLC), AL Tayer Group, AW Rostamani Group, Car Switch Dubai, Dubicars International FZ-LLC, Dubizzle Middle East FZ-LLC and The Elite Car.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the UAE certified pre-owned car market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the UAE certified pre-owned car market?
  • What are the key regional markets?
  • What is the breakup of the market based on the car type?
  • What is the breakup of the market based on the car age?
  • What is the breakup of the market based on the fuel type?
  • What is the breakup of the market based on the vendor type?
  • What is the breakup of the market based on the distribution channel?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the UAE certified pre-owned car market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    UAE Certified Pre-Owned Car Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Car Type
    6.1    Hatchback
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Sedan
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Sports Utility Vehicle
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Others
        6.4.1 Market Trends
        6.4.2 Market Forecast
7    Market Breakup by Car Age
    7.1    0-4 Years
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    4-8 Years
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    More than 8 Years
        7.3.1 Market Trends
        7.3.2 Market Forecast
8    Market Breakup by Fuel Type
    8.1    Diesel
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Petrol
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Others
        8.3.1 Market Trends
        8.3.2 Market Forecast
9    Market Breakup by Vendor Type
    9.1    Organized
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Unorganized
        9.2.1 Market Trends
        9.2.2 Market Forecast
10    Market Breakup by Distribution Channel
    10.1    Online
        10.1.1 Market Trends
        10.1.2 Market Forecast
    10.2    Offline
        10.2.1 Market Trends
        10.2.2 Market Forecast
11    Market Breakup by Emirates
    11.1    Abu Dhabi
        11.1.1 Market Trends
        11.1.2 Market Forecast
    11.2    Dubai
        11.2.1 Market Trends
        11.2.2 Market Forecast
    11.3    Sharjah
        11.3.1 Market Trends
        11.3.2 Market Forecast
    11.4    Ajman
        11.4.1 Market Trends
        11.4.2 Market Forecast
    11.5    Others
        11.5.1 Market Trends
        11.5.2 Market Forecast
12    SWOT Analysis
    12.1    Overview
    12.2    Strengths
    12.3    Weaknesses
    12.4    Opportunities
    12.5    Threats
13    Value Chain Analysis
14    Porters Five Forces Analysis

    14.1    Overview
    14.2    Bargaining Power of Buyers
    14.3    Bargaining Power of Suppliers
    14.4    Degree of Competition
    14.5    Threat of New Entrants
    14.6    Threat of Substitutes
15    Price Analysis
16    Policy and Regulatory Landscape
17    Competitive Landscape

    17.1    Market Structure
    17.2    Key Players
    17.3    Profiles of Key Players
        17.3.1    AlbaCars
           17.3.1.1 Company Overview
           17.3.1.2 Product Portfolio
        17.3.2    Al-Futtaim
           17.3.2.1 Company Overview
           17.3.2.2 Product Portfolio
        17.3.3    Al Naboodah Group (Saeed & Mohammed Al Naboodah Holding LLC)
           17.3.3.1 Company Overview
           17.3.3.2 Product Portfolio 
        17.3.4    AL Tayer Group
           17.3.4.1 Company Overview
           17.3.4.2 Product Portfolio
        17.3.5    AW Rostamani Group
           17.3.5.1 Company Overview
           17.3.5.2 Product Portfolio
        17.3.6    Car Switch Dubai
           17.3.6.1 Company Overview
           17.3.6.2 Product Portfolio 
        17.3.7    Dubicars International FZ-LLC
           17.3.7.1 Company Overview
           17.3.7.2 Product Portfolio
        17.3.8    Dubizzle Middle East FZ-LLC
           17.3.8.1 Company Overview
           17.3.8.2 Product Portfolio
        17.3.9    The Elite Car
           17.3.9.1 Company Overview
           17.3.9.2 Product Portfolio

List of Figures

Figure 1: UAE: Certified Pre-Owned Car Market: Major Drivers and Challenges
Figure 2: UAE: Certified Pre-Owned Car Market: Sales Value (in Billion US$), 2016-2021
Figure 3: UAE: Certified Pre-Owned Car Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: UAE: Certified Pre-Owned Car Market: Breakup by Car Type (in %), 2021
Figure 5: UAE: Certified Pre-Owned Car Market: Breakup by Car Age (in %), 2021
Figure 6: UAE: Certified Pre-Owned Car Market: Breakup by Fuel Type (in %), 2021
Figure 7: UAE: Certified Pre-Owned Car Market: Breakup by Vendor Type (in %), 2021
Figure 8: UAE: Certified Pre-Owned Car Market: Breakup by Distribution Channel (in %), 2021
Figure 9: UAE: Certified Pre-Owned Car Market: Breakup by Emirates (in %), 2021
Figure 10: UAE: Certified Pre-Owned Car (Hatchback) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: UAE: Certified Pre-Owned Car (Hatchback) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: UAE: Certified Pre-Owned Car (Sedan) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: UAE: Certified Pre-Owned Car (Sedan) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: UAE: Certified Pre-Owned Car (Sports Utility Vehicle) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: UAE: Certified Pre-Owned Car (Sports Utility Vehicle) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: UAE: Certified Pre-Owned Car (Other Car Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: UAE: Certified Pre-Owned Car (Other Car Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: UAE: Certified Pre-Owned Car (0-4 Years) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: UAE: Certified Pre-Owned Car (0-4 Years) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: UAE: Certified Pre-Owned Car (4-8 Years) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: UAE: Certified Pre-Owned Car (4-8 Years) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: UAE: Certified Pre-Owned Car (More than 8 Years) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: UAE: Certified Pre-Owned Car (More than 8 Years) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: UAE: Certified Pre-Owned Car (Diesel) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: UAE: Certified Pre-Owned Car (Diesel) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: UAE: Certified Pre-Owned Car (Petrol) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: UAE: Certified Pre-Owned Car (Petrol) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: UAE: Certified Pre-Owned Car (Other Fuel Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: UAE: Certified Pre-Owned Car (Other Fuel Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: UAE: Certified Pre-Owned Car (Organized) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: UAE: Certified Pre-Owned Car (Organized) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: UAE: Certified Pre-Owned Car (Unorganized) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: UAE: Certified Pre-Owned Car (Unorganized) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: UAE: Certified Pre-Owned Car (Online) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: UAE: Certified Pre-Owned Car (Online) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: UAE: Certified Pre-Owned Car (Offline) Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: UAE: Certified Pre-Owned Car (Offline) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Abu Dhabi: Certified Pre-Owned Car Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Abu Dhabi: Certified Pre-Owned Car Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Dubai: Certified Pre-Owned Car Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Dubai: Certified Pre-Owned Car Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Sharjah: Certified Pre-Owned Car Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Sharjah: Certified Pre-Owned Car Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Ajman: Certified Pre-Owned Car Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Ajman: Certified Pre-Owned Car Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Others: Certified Pre-Owned Car Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Others: Certified Pre-Owned Car Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: UAE: Certified Pre-Owned Car Industry: SWOT Analysis
Figure 49: UAE: Certified Pre-Owned Car Industry: Value Chain Analysis
Figure 50: UAE: Certified Pre-Owned Car Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: UAE: Certified Pre-Owned Car Market: Key Industry Highlights, 2021 and 2027
Table 2: UAE: Certified Pre-Owned Car Market Forecast: Breakup by Car Type (in Million US$), 2022-2027
Table 3: UAE: Certified Pre-Owned Car Market Forecast: Breakup by Car Age (in Million US$), 2022-2027
Table 4: UAE: Certified Pre-Owned Car Market Forecast: Breakup by Fuel Type (in Million US$), 2022-2027
Table 5: UAE: Certified Pre-Owned Car Market Forecast: Breakup by Vendor Type (in Million US$), 2022-2027
Table 6: UAE: Certified Pre-Owned Car Market Forecast: Breakup by Distribution Channel (in Million US$), 2022-2027
Table 7: UAE: Certified Pre-Owned Car Market Forecast: Breakup by Emirates (in Million US$), 2022-2027
Table 8: UAE: Certified Pre-Owned Car Market: Competitive Structure
Table 9: UAE: Certified Pre-Owned Car Market: Key Players


Note: We value your privacy and will never rent or sell your email address. Privacy policy

Need more help?

  •   Speak to our experienced analysts for insights on the current market scenarios.
  •   Include additional segments and countries to customize the report as per your requirement.
  •   Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  •   For further assistance, please connect with our analysts.

Purchase Options




$ 2699

REACH OUT TO US

Call us on

( US: +1-631-791-1145 )
( UK: +44-753-713-2163 )
( India: +91 120 433 0800 )


Drop us an email at

sales@imarcgroup.com

Social Links