Golbal China Light Truc Market - Industry Outlook, Size,Share, Growth Prospects, Key Opportunities, Trends and Forecasts, 2014 to 2017
This report contains 5 chapters and 65 charts, mainly covering the followings: Overview of used car industry (involving macroeconomic environment and policy environment, as well as development of used car trading market, online used car trading and other trading patterns); China’s used car market profile (including transaction volume, turnover, transaction price and transaction proportion in 2008-2013, as well as trading forecast for 2014-2017); China’s used car market segments (including transaction volume, turnover and transaction price of sedan, SUV, truck and bus, as well as forecast for 2014-2017); China’s used car market by region (involving regional structure of second-hand car trading, as well as used car development in Beijing, Shanghai and Guangzhou); China’s used car transaction subjects (embracing the development of 5 used car dealers, 6 used car trading markets and 6 online trading platforms).
This report contains 5 chapters and 65 charts, mainly covering the followings:
Overview of used car industry (involving macroeconomic environment and policy environment, as well as development of used car trading market, online used car trading and other trading patterns);
China’s used car market profile (including transaction volume, turnover, transaction price and transaction proportion in 2008-2013, as well as trading forecast for 2014-2017);
China’s used car market segments (including transaction volume, turnover and transaction price of sedan, SUV, truck and bus, as well as forecast for 2014-2017);
China’s used car market by region (involving regional structure of second-hand car trading, as well as used car development in Beijing, Shanghai and Guangzhou);
China’s used car transaction subjects (embracing the development of 5 used car dealers, 6 used car trading markets and 6 online trading platforms).
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<strong>China</strong> Used Car <strong>Market</strong> Report, <strong>2014</strong>-<strong>2017</strong><br />
sales volume of used cars in <strong>China</strong> is estimated <strong>to</strong> register a CAGR of 16.5% during <strong>2014</strong>-<strong>2017</strong>,<br />
with transaction volume reaching 9.57 million in <strong>2017</strong>.<br />
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With the increase of car ownership, <strong>China</strong>’s used car market has been on a fast track of<br />
development. In 2013, 5.20 million used cars were traded in <strong>China</strong>, up 8.6% YoY <strong>and</strong> 1.9 times<br />
as that in 2008, generating a turnover of RMB291.6 billion, a year-on-year increase of 10.6%<br />
<strong>and</strong> 2.5 times as much as that in 2008.<br />
Based on the calculation that consumers change their cars every 5-6 years, <strong>China</strong> will step in<strong>to</strong><br />
the car-replacement peak in <strong>2014</strong>, <strong>and</strong> the used car market will usher in accelerated growth.<br />
In view of segments, used sedans hold the lion’s share, with transaction volume <strong>and</strong> turnover<br />
achieving 3.0475 million (or 59% of <strong>to</strong>tal volume) <strong>and</strong> turnover of RMB174.89 billion (or 60% of<br />
<strong>to</strong>tal amount) in 2013, respectively. Driven by the fast-growing SUV ownership, the used SUV<br />
market is booming, with transaction volume <strong>and</strong> turnover growing at high AAGRs of 28% <strong>and</strong><br />
35% in 2008-2013 <strong>to</strong> 166,800 <strong>and</strong> RMB26.96 billion in 2013, separately.<br />
It is expected that the used SUV market will freeze the high-growth status (around 30%) in<br />
both transaction volume <strong>and</strong> turnover over the next four years, thus becoming the fastestgrowing<br />
segment among used cars.<br />
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With regard <strong>to</strong> regional distribution, <strong>China</strong>’s current second-h<strong>and</strong> car trading is mainly<br />
concentrated in East <strong>and</strong> South <strong>China</strong>, which, featuring developed economy, high car<br />
ownership, more mature au<strong>to</strong>mobile consumer awareness <strong>and</strong> higher acceptance of used cars,<br />
<strong>to</strong>gether account for over 50% of <strong>to</strong>tal transaction volume. It is expected that the development<br />
of <strong>China</strong>’s used car market over the next few years will still focus on the two regions;<br />
meanwhile, North, Northwest <strong>and</strong> Northeast <strong>China</strong> will also pick up the pace.<br />
In terms of trading pattern, used car trading market, used car dealers, online used car trading<br />
platforms <strong>and</strong> 4S s<strong>to</strong>res are speeding up their layouts in used car market. Used car trading<br />
market is committed <strong>to</strong> exp<strong>and</strong>ing scale <strong>and</strong> upgrading functions, used car dealers are stepping<br />
up sales network construction, online trading platforms are exploring a more mature operating<br />
mode, <strong>and</strong> 4S s<strong>to</strong>res are concentrating on old car replacement <strong>and</strong> used vehicle identification.<br />
http://www.acutemarketreports.com/report/china-used-car-market-report-<strong>2014</strong>-<strong>2017</strong>
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This report contains 5 chapters <strong>and</strong> 65 charts, mainly covering the followings:<br />
Overview of used car industry (involving macroeconomic environment <strong>and</strong> policy environment,<br />
as well as development of used car trading market, online used car trading <strong>and</strong> other trading<br />
patterns);<br />
<strong>China</strong>’s used car market profile (including transaction volume, turnover, transaction price <strong>and</strong><br />
transaction proportion in 2008-2013, as well as trading forecast for <strong>2014</strong>-<strong>2017</strong>);<br />
<strong>China</strong>’s used car market segments (including transaction volume, turnover <strong>and</strong> transaction<br />
price of sedan, SUV, truck <strong>and</strong> bus, as well as forecast for <strong>2014</strong>-<strong>2017</strong>);<br />
<strong>China</strong>’s used car market by region (involving regional structure of second-h<strong>and</strong> car trading, as<br />
well as used car development in Beijing, Shanghai <strong>and</strong> Guangzhou);<br />
<strong>China</strong>’s used car transaction subjects (embracing the development of 5 used car dealers, 6 used<br />
car trading markets <strong>and</strong> 6 online trading platforms).<br />
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