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The Australia used car market, valued at nearly AUD 65.96 billion in 2023, is projected to experience substantial growth, driven by the proliferation of peer-to-peer distribution channels. Amidst increasing wait times for new vehicles and rising consumer preference for cost-effective automobile models, the industry is expected to grow at a robust CAGR of 5.50% from 2024 to 2032. By 2032, the market is anticipated to reach around AUD 106.80 billion, reflecting not only a surge in demand for used cars among middle-income consumers but also from school-going graduates who prefer modern and yet affordable pickups.
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1. Asia Pacific Used Car Market: Key Industry Highlights, 2018 and 2032 |
2. Australia Used Car Market: Key Industry Highlights, 2018 and 2032 |
3. Australia Used Car Historical Market: Breakup by Vehicle Type (USD Million), 2018-2023 |
4. Australia Used Car Market Forecast: Breakup by Vehicle Type (USD Million), 2024-2032 |
5. Australia Used Car Historical Market: Breakup by Vendor Type (USD Million), 2018-2023 |
6. Australia Used Car Market Forecast: Breakup by Vendor Type (USD Million), 2024-2032 |
7. Australia Used Car Historical Market: Breakup by Fuel Type (USD Million), 2018-2023 |
8. Australia Used Car Market Forecast: Breakup by Fuel Type (USD Million), 2024-2032 |
9. Australia Used Car Historical Market: Breakup by Sales Channel (USD Million), 2018-2023 |
10. Australia Used Car Market Forecast: Breakup by Sales Channel (USD Million), 2024-2032 |
11. Australia Used Car Historical Market: Breakup by Region (USD Million), 2018-2023 |
12. Australia Used Car Market Forecast: Breakup by Region (USD Million), 2024-2032 |
13. Australia Used Car Market Structure |
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