Poland Used Car Market Size (2024 - 2029)

The Poland used car market is experiencing significant growth, driven by a surge in demand for personal vehicles as individuals increasingly prefer personal mobility over public transportation. The market size is expanding due to factors such as the high cost of new cars, which is pushing consumers towards used vehicles, and the rise of online platforms that facilitate the purchase of used cars. Additionally, the import of used cars, particularly from Germany, is contributing to the market's expansion. The decline in new vehicle sales further supports the growth of the used car market, as more consumers turn to pre-owned options. With favorable financing options and a growing disposable income, the market is poised for continued growth.

Market Size of Poland Used Car Industry

Poland Used Car Market Size
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 6.50 %
Market Concentration Medium

Major Players

Poland Used Car Market Key Players

*Disclaimer: Major Players sorted in no particular order

Poland Used Car Market Analysis

Poland Used Car Market was valued at USD 20 Billion in 2021 and is projected to grow to USD 29.18 Billion by 2027, registering a CAGR of 6.5% in terms of revenue during the forecast period (2022-2027).

The COVID-19 pandemic disrupted the market growth as a shutdown of manufacturing units and restrictions declined demand in the market. Further, Key OEMs have introduced changes in the functioning of car parts manufacturers were introduced, and due to supply chain disruptions resulted in a downfall in the revenue of the manufacturing industries. However, as restrictions eased demand for used cars has surged across the country and the majority of the used cars are imported to the country from Germany.

Over the long term, Personal mobility has gained popularity across the country and people across the country are avoiding public transportation owing to which demand for personal vehicles is high. The high cost of new cars is likely to witness significant demand for used cars. Online platforms have encouraged to choose the best options to buy a used car. The rise in the use of the internet and smartphone applications to check new offers and finance options across the country is also witnessing major growth for the market.

Rise in disposable income,growing demand for luxury cars, shorter car ownership periods, booming import of used cars across the country is also witnessing major growth for the market. Decline in new vehicle sale has been witnessing major growth for the used car market. The country has witnessed significant decline in the new vehicle sale in 2022. For instance,In June 2022, vehicle registrations declined by 10.8% with respect to June of 2021. In total, 48,020 cars were registered and 517,391 new cars were sold in 2021, which is 13.15% less than 2021. Such developments, poised to create positive outlook for the market.

Further, with the increasing number of individuals inclined towards individual mobility and favorable customized financing options the used car market across country to grow significantly. 

Poland Used Car Industry Segmentation

A used Car is a pre-owned vehicle that has previously had one or more retail owners. These cars are sold through various outlets through independent dealers, online sales channels, and others.

Poland Used Car Market is segmented by car type, propulsion, and vendor type. Based on the car type, the market is segmented into Hatchback, Sedan, and SUV. Based on the Propulsion, the market is segmented into Internal Combustion engines and Electric. 

Based on the Vendor type, the market is segmented into Organized and Unorganized. For each segment, the market sizing and forecasts have been done on the basis of value (USD Billion).

By Car Type
Hatchback
Sedan
SUV
By Propulsion
Internal Combustion Engine
Electric
By Vendor Type
Organized
Unorganized
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Poland Used Car Market Size Summary

The Poland used car market is experiencing significant growth, driven by a shift in consumer preferences towards personal mobility and the increasing cost of new vehicles. The market has rebounded from the disruptions caused by the COVID-19 pandemic, which had initially led to a decline in demand due to manufacturing shutdowns and supply chain issues. As restrictions eased, the demand for used cars surged, with a notable increase in imports from Germany. The rise in disposable income, growing interest in luxury vehicles, and shorter car ownership periods are contributing to the market's expansion. The decline in new vehicle sales further underscores the growing preference for used cars, as consumers seek more affordable alternatives.

The market is becoming increasingly organized and attractive, thanks to the adoption of online platforms for buying and selling used cars. These platforms offer a range of services, including detailed vehicle listings, instant financing options, and hassle-free payment systems, making the process more convenient for consumers. The trend towards digital retailing and the introduction of new business models have further accelerated the market's growth. Major players in the industry are leveraging these trends by expanding their online presence and enhancing their service offerings. The market is moderately consolidated, with key players like TrueCar, ALD Automotive, and AAA Auto adopting strategies such as acquisitions and partnerships to strengthen their market position. As the market continues to evolve, it is poised for transformational growth, driven by technological advancements and changing consumer behaviors.

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Poland Used Car Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Drivers

    2. 1.2 Market Restraints

    3. 1.3 Industry Attractiveness - Porter's Five Forces Analysis

      1. 1.3.1 Threat of New Entrants

      2. 1.3.2 Bargaining Power of Buyers/Consumers

      3. 1.3.3 Bargaining Power of Suppliers

      4. 1.3.4 Threat of Substitute Products

      5. 1.3.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION (Market Size by Value -USD Billion)

    1. 2.1 By Car Type

      1. 2.1.1 Hatchback

      2. 2.1.2 Sedan

      3. 2.1.3 SUV

    2. 2.2 By Propulsion

      1. 2.2.1 Internal Combustion Engine

      2. 2.2.2 Electric

    3. 2.3 By Vendor Type

      1. 2.3.1 Organized

      2. 2.3.2 Unorganized

Poland Used Car Market Size FAQs

The Poland Used Car Market is projected to register a CAGR of 6.5% during the forecast period (2024-2029)

TruCar Inc., ALD Automotive, AAA AUTO sp. Z oo , FordDirect and Oruga Group are the major companies operating in the Poland Used Car Market.

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