Japan Used Car Market – Japan
Market Statistics
Base Year: 2024
Historical Years: 2019-2024
Forecast Years: 2025-2033
Market Size in 2024: USD 66.67 Billion
Market Forecast in 2033: USD 123.16 Billion
Market Growth Rate: 6.38% (2025-2033)
The Japan used car market size was valued at USD 66.67 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 123.16 Billion by 2033, exhibiting a CAGR of 6.38% from 2025-2033.
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Japan Used Car Industry Trends and Drivers:
The used car business in Japan is highly growing due to consumer shift in market preference concerning affordable transport methods and more youthful groups are settling on second hand cars. The financialging seen after the global uncertainties have seen consumers opting to use cheaper options when making purchases of new cars as well as the embedded quality of the cars being manufactured as well as the reliability of cars causing a longer life time and continued higher resale values. The move towards environmentally friendly consumption habits and environmental awareness is persuading consumers to view used cars as an environmentally friendly alternative that saves manufacturing needs and carbon emission. Also, the fast rate at which vehicle inspection technologies are developing and certification programs are growing gives the chance of developing trust in the quality of used cars by the consumer, and digital platforms and online marketplaces are changing the car buying experience so much so that the process is now more transparent, has a detailed history of the car and no longer requires in-person visits to purchase a car.
Japan has a unique automotive culture that is reflected in the excellent used cars available in the market being the result of precise vehicle service and rigorous inspection criteria (Shaken system). The growth of professionalized channels of dealer networks and outlets coupled with professionalised used car retailers is enhancing market credibility and giving the customer warranties, finance opportunities and a level of after sales services similar to those purchased on a new car. High demand of imported used cars in the country, especially those in the luxury and premium classes, is broadening the market with consumers and propelling the entry of upscale individuals in the market. And more profoundly, the acquisition of new technologies like using AI to value vehicles, online car showrooms, contactless car delivery is also increasing the efficiency of operations and the satisfaction of customers, and major auto-manufactures are developing certified pre-owned programs, providing premium segments of the used car marketplace with guaranteed quality and complete packages of services.
Japan Used Car Market Segmentation:
The market report offers a comprehensive analysis of the segments, highlighting those with the largest Japan Used Car market share. It includes forecasts for the period 2025-2033 and historical data from 2019-2024 for the following segments.
Analysis by Vehicle Type:
- Hatchbacks
- Sedan
- Sports Utility Vehicle
- Others
Analysis by Vendor Type:
- Organized
- Unorganized
Analysis by Fuel Type:
- Gasoline
- Diesel
- Others
Analysis by Sales Channel:
- Online
- Offline
Regional Insights:
- Kanto Region
- Kinki Region
- Central/ Chubu Region
- Kyushu-Okinawa Region
- Tohoku Region
- Chugoku Region
- Hokkaido Region
- Shikoku Region
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Competitive Landscape:
The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant. Additionally, the report features detailed profiles of all major companies in the Japan Used Car industry.
Key highlights of the Report:
- Market Performance (2019-2024)
- Market Outlook (2025-2033)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Strategic Recommendations
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
Contact:
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Country: Tokyo Japan
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