How big is the Kuwait Used Car Market?

The Kuwait Used Car Market size is expected to reach USD 1.55 billion in 2024 and grow at a CAGR of 6.5% to reach USD 2.26 billion by 2029. Read More

What is the current Kuwait Used Car Market size?

In 2024, the Kuwait Used Car Market size is expected to reach USD 1.55 billion. Read More

Who are the key players in Kuwait Used Car Market?

ALSAYER Group Holding., YallaMotor.com, Alghanim & Sons Automotive, Dubizzle Group and AL BABTAIN GROUP are the major companies operating in the Kuwait Used Car Market. Read More

What years does this Kuwait Used Car Market cover, and what was the market size in 2023?

In 2023, the Kuwait Used Car Market size was estimated at USD 1.45 billion. The report covers the Kuwait Used Car Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Kuwait Used Car Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Kuwait Used Car Market Size & Share Analysis - Industry Research Report

Kuwait Used Car Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Kuwait Used Car Market is Segmented by Vehicle Type (Hatchback, Sedan, Sports Utility Vehicle, and Multi-Purpose Vehicle), Vendor Type (Organized and Unorganized), and Fuel Type (Gasoline, Diesel, Electric, and Other Fuel Types). The Report Offers the Market Size and Forecast in Value (USD) for all the Above Segments.

Kuwait Used Car Industry Overview

Several key players, such as Alsayer Group Holding, YallaMotor.com, Alghanim & Sons Automotive, Dubizzle Group, Al Babtain Group, and others, dominate Kuwait's used car market. The rapid expansion of online sales channels across the country is likely to witness major growth in the coming years.

For instance, in March 2022, Ali Alghanim & Sons, one of the leading car dealers in Kuwait, announced the sale of a 45 percent stake in the listing.