Saudi Arabia Used Car Market Share

Statistics for the 2023 & 2024 Saudi Arabia Used Car market share, created by Mordor Intelligence™ Industry Reports. Saudi Arabia Used Car share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

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Market Share of Saudi Arabia Used Car Industry

Saudi Arabia Used Car Market is considered to be moderately fragmented, accommodating several leading players like Al Tayer Group, Al-Naboodah, Al-Futtaim group, SellAnyCar.com, Car switch, Yalla Motors, and other prominent players. While several key offline used car dealers are focused on adopting expansion strategies like collaborative agreements, mergers, acquisitions, etc. other new entrants are also encouraged to explore the market and are actively focused on fleet expansion, varied offerings, etc.

In December 2021, Car24 announced the investment of USD 400 million for its business expansion. The company is aiming to expand its business in Saudi Arabia, and in Southeast Asia over the period of next 12 months

Saudi Arabia Used Car Market Leaders

  1. Arabian Auto Agency

  2. YallaMotors

  3. AlNabooda Automobiles

  4. AlTayer Motors

  5. Alfuttaim Group

*Disclaimer: Major Players sorted in no particular order

Saudi Arabia Used Car Market Concentration

Saudi Arabia Used Car Market Report Snapshots

Used Car Market in Saudi Arabia Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)