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The India used cars market size is forecast to increase by USD 29.13 billion at a CAGR of 12.6% between 2023 and 2028. The used car market in India is experiencing significant growth, driven by several key factors. One of the primary reasons is the excellent value proposition of used cars, which offers affordability to consumers who may not be able to afford new vehicles. Another trend influencing the market is the increasing preference for alternative fuel vehicles, including Compressed Natural Gas (CNG), Liquefied Natural Gas (LNG), Petrol, Diesel, Electric, and Conventional vehicles from Original Equipment Manufacturers (OEMs). Additionally, there is a growing trend towards car subscription services, which offer flexibility and convenience to consumers. Improved touchpoint management, including the availability of online platforms and digital services, is also contributing to the market's growth. Overall, the market is poised for continued expansion, with a focus on sustainable and cost-effective transportation solutions.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Channel
7 Market Segmentation by Vehicle Type
8 Market Segmentation by Type
9 Customer Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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