Middle East and Africa Used Car Industry Overview
The market for Middle-East and African used cars is fragmented. Major players have the edge over other smaller players due to their superior business models and increased number of pre-owned car retail outlets. However, the market is dominated by small and unorganized regional players who are present in most nations.
The growing organized and semi-organized sector is expected to bring in more revenue to the bigger organized players toward the latter half of the forecast period, thus, moving the market ever slightly towards a consolidated one. The United Arab Emirates and Iran, for instance, have an extensive network of used car sellers. These companies are trying to consolidate the unorganized used car segment towards a single umbrella of organized companies offering various services along with used cars as products.
Middle East and Africa Used Car Market Leaders
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Al-Futtaim Group
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Dubizzle Motors LLC
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Kayishha
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Abdul Latif Jameel Motors
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Yallamotor
- *Disclaimer: Major Players sorted in no particular order
