Asia-pacific Used Two-Wheeler Market Size, Share, Growth, Trend & Forecast 2026

Summary

Report Description

Asia-Pacific Used Two-Wheelers market is expected to grow at a rate of steady CAGR for the forecast period, 2022-2026. The high demand for two-wheelers in the Asia-pacific region is owing to their low need for maintenance, higher fuel efficiency, and ease of navigating through dense traffic. The growing demand for two-wheeler vehicles is expected to drive the demand for Used Two-Wheelers in the next five years as it is a cost-effective option for potential consumers.

Rapid Urbanization Supports High Market Growth

The rise in the initiatives taken by the leading authorities of the developing countries for infrastructural development is fueling the development of cities. Supportive government policies promoting the construction of residential and commercial spaces are attracting many people to reside in urban areas. With the surge in the number of people living in urban areas, road traffic is also expected to grow at a rapid rate. The shift in the preference of the consumers for vehicle ownership and the ease of driving a two-wheeler vehicle through the traffic congestion is driving the sales of Asia-pacific Used Two-Wheeler market. The Used Two-Wheeler is an affordable option to the consumers as it allows the consumer to own the vehicle and eliminates the hassle of traveling through the public transport system.

Shift From Public Transport System Drives Market Growth

Government in emerging countries such as India, China, Thailand supports traveling through the public transport system. The low cost of traveling through the public transport system and the availability of a plethora of public transport vehicles such as bus and train attracts a large number of travelers to avail the public transport services. The presence of a huge crowd traveling through public transport is not a comfortable option as most travelers have to stand the whole traveling time due to the unavailability of required seats. Used two-wheelers allow consumers to own a vehicle, reduce the commute time, and are more convenient than traveling through public transport vehicles. Vehicle ownership provides the flexibility to the consumers to travel on their own time as public transportation timing is usually fixed, which creates inconvenience for the consumers.

Rise In Adoption of Online Sale Channels Spurs Market Growth

High internet penetration due to the availability of affordable internet services and the improving per capita income of consumers contribute to the expansion of the online sales channel. The E-commerce sector is considered a flourishing industry, and the availability of user-friendly website applications and websites is expected to fuel the sale of the Used Two-Wheelers. Availability of a large number of options through the online channel is a profit-making business avenue for both the consumers and service providers, which is expected to accelerate the adoption of Used Two-Wheelers in the region. Online applications such as BIKE24 offer the Used Two-Wheelers that are quality-verified. They also provide the option to return the seven-day return option to the consumers to test the performance of the bikes and, upon dissatisfaction, can easily return the bike to get a full refund. Online platforms also provide the warranty option to gain consumer trust and surge the sales of Used Two-Wheelers in the region.

High Demand for Premium-Bike to Fuel Market Growth

The used premium bikes offer the consumer advantage of owning the bike at affordable rates. Sales of premium used bikes also provide higher profit to the service providers, which is the main reason as a large number of service providers are making high-end investments in this sector. The shift in the purchasing preference of the consumers and the changing lifestyle is influencing the used premium-bike market demand. Growing urbanization and the rise in the disposable income of the consumers are enabling them to make investments in the purchasing of Used Two-Wheelers.

Market Segmentation

The Asia-Pacific Used Two-Wheeler market is segmented on the basis of vehicle type, application, competitional landscape, and regional distribution. Based on the vehicle type, the market is divided into scooters/moped and motorcycle. Based on the application, the market is bifurcated into private and public. The market is also studied by dividing the region into countries namely India, China, Indonesia, Vietnam, Pakistan, Philippines, Thailand, Taiwan, South Korea, and Malaysia.

Market Players

OLX Group, Girnar Software Pvt. Ltd. (BikeDekho.com), Fifth Gear Ventures Ltd., Droom Technology Limited, Mobil123, Carmudi Philippines Inc., Incredible Technologies Pvt. Ltd. (CREDR), are among the major market players in the Asia-Pacific region that led the market growth of the Asia-Pacific Used Two-Wheeler market.

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Attribute	Details
Base Year	2020
Historic Data	2016 – 2019
Estimated Year	2021
Forecast Period	2022 – 2026
Quantitative Units	Revenue in USD Million, Volume in Units, and CAGR for 2016-2020 and 2021-2026
Report coverage	Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends
Segments covered	· Vehicle Type · Application
Country scope	India; China; Indonesia; Vietnam; Pakistan; Philippines; Thailand; Taiwan; South Korea; and Malaysia
Key companies profiled	OLX Group, Girnar Software Pvt. Ltd. (BikeDekho.com), Fifth Gear Ventures Ltd., Droom Technology Limited, Mobil123, Carmudi Philippines Inc., Incredible Technologies Pvt. Ltd. (CREDR)
Customization scope	10% free report customization with purchase. Addition or alteration to country, & segment scope.
Pricing and purchase options	Avail customized purchase options to meet your exact research needs. Explore purchase options
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, Asia-Pacific Used Two-Wheelers market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Asia-Pacific Used Two-Wheeler Market, By Vehicle Type:

Scooters/Moped
Motorcycle

Asia-Pacific Used Two-Wheeler Market, By Application:

Private
Public

Asia-Pacific Used Two-Wheeler Market, By Country:

India
China
Indonesia
Vietnam
Pakistan
Philippines
Thailand
Taiwan
South Korea
Malaysia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Asia-Pacific Used Two-Wheelers market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Asia-Pacific Used Two-Wheeler Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Product Overview

2. Research Methodology

3. Executive Summary

4. Impact of COVID-19 on Asia-Pacific Used Two-Wheeler Market

5. Voice of Customer

5.1. Factors Influencing Purchase Decision

5.2. Aided Brand Recall and Unaided Brand Recall

5.3. Brand Satisfaction Level

6. Asia-Pacific Used Two-Wheeler Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value and Volume

6.2. Market Share & Forecast

6.2.1. By Vehicle Type (Scooters/Moped and Motorcycle)

6.2.2. By Application (Private and Public)

6.2.3. By Country (India, China, Indonesia, Vietnam, Pakistan, Philippines, Thailand, Taiwan, South Korea, and Malaysia)

6.2.4. By Company (2020)

6.3. Product Market Map (By Vehicle Type, By Country)

7. India Used Two-Wheeler Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value and Volume

7.2. Market Share & Forecast

7.2.1. By Vehicle Type

7.2.2. By Application

8. China Used Two-Wheeler Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value and Volume

8.2. Market Share & Forecast

8.2.1. By Vehicle Type

8.2.2. By Application

9. Indonesia Used Two-Wheeler Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value and Volume

9.2. Market Share & Forecast

9.2.1. By Vehicle Type

9.2.2. By Application

10. Vietnam Used Two-Wheeler Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value and Volume

10.2. Market Share & Forecast

10.2.1. By Vehicle Type

10.2.2. By Application

11. Pakistan Used Two-Wheeler Market Outlook

11.1. Market Size & Forecast

11.1.1. By Value and Volume

11.2. Market Share & Forecast

11.2.1. By Vehicle Type

11.2.2. By Application

12. Philippines Used Two-Wheeler Market Outlook

12.1. Market Size & Forecast

12.1.1. By Value and Volume

12.2. Market Share & Forecast

12.2.1. By Vehicle Type

12.2.2. By Application

13. Thailand Used Two-Wheeler Market Outlook

13.1. Market Size & Forecast

13.1.1. By Value and Volume

13.2. Market Share & Forecast

13.2.1. By Vehicle Type

13.2.2. By Application

14. Taiwan Used Two-Wheeler Market Outlook

14.1. Market Size & Forecast

14.1.1. By Value and Volume

14.2. Market Share & Forecast

14.2.1. By Vehicle Type

14.2.2. By Application

15. South Korea Used Two-Wheeler Market Outlook

15.1. Market Size & Forecast

15.1.1. By Value and Volume

15.2. Market Share & Forecast

15.2.1. By Vehicle Type

15.2.2. By Application

16. Malaysia Used Two-Wheeler Market Outlook

16.1. Market Size & Forecast

16.1.1. By Value and Volume

16.2. Market Share & Forecast

16.2.1. By Vehicle Type

16.2.2. By Application

17. Market Dynamics

17.1. Drivers

17.2. Challenges

18. Market Trends & Developments

19. Product Benchmarking (2020)

20. Competitive Landscape

20.1. Company Profiles (Partial List of Leading Companies)

20.1.1. OLX Group

20.1.2. Girnar Software Pvt. Ltd. (BikeDekho.com)

20.1.3. Fifth Gear Ventures Ltd.

20.1.4. Droom Technology Limited

20.1.5. Mobil123

20.1.6. Carmudi Philippines Inc.

20.1.7. Incredible Technologies Pvt. Ltd. (CREDR)

21. Strategic Recommendations

22. About Us & Disclaimer

Figures and Tables

Frequently asked questions

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Srishti Verma

Business Consultant

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Press Release

Asia-pacific Used Two-Wheeler Market to be dominated by Motorcycle segment till 2026

Nov, 2021

Rise in the vehicle maintenance and repair costs is driving the growth in Asia-Pacific Used Two-Wheeler Market in the forecast period, 2022-2026.

Asia-pacific Used Two-Wheeler Market By Vehicle Type (Scooters/Moped and Motorcycle), By Application (Private and Public), By Country, Competition Forecast & Opportunities, 2026

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