GCC Used Car Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The GCC Used Car Market Report is Segmented by Vehicle Type (Hatchback, Sedan, and Sports Utility Vehicle (SUV) and Multi-Purpose Vehicles (MPVs)), Sales Channel (Online and Offline), Vendor type (Organized and Unorganized) and Country (United Arab Emirates, Bahrain, Saudi Arabia, Oman, Qatar and Kuwait). The market size and forecast for GCC Used Car market are provided in terms of value (USD) for all the above segments.

GCC Used Car Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

GCC Used Car Market Size

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GCC Used Car Market Overview
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2019 - 2023
CAGR 8.58 %
Market Concentration Medium

Major Players

GCC Used Car Market Major Players

*Disclaimer: Major Players sorted in no particular order

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GCC Used Car Market Analysis

The GCC Used Car Market is expected to register a CAGR of 8.58% during the forecast period.

The COVID-19 pandemic had a moderate impact on the market as initial lockdowns in 2020 resulted in a slowdown in demand, however with ease in restrictions in 2021 consumers were encouraged to prefer used cars over new cars in wake of the pandemic coupled with fewer vehicle production due to supply chain disruptions and shortage of some auto components.

Over the longer-term forecast period, factors including economical cost and variety in the fleet are expected to boost the used car demand in the GCC region. However, price discrepancies, lack of standardization, and others are expected to act as major restraints to the growth of the market.

Demand for pre-owned cars for family, personal use among residents, and partial economic disruption with the new car segment alongside value-for-money have cumulatively driven the market into an immersive growth in the GCC. Over the years, the GCC which is the council of prominent middle eastern countries including the United Arab Emirates, the Kingdom of Saudi Arabia, Kuwait, Bahrain, Qatar, and Oman has consistently witnessed improved sales bars in the used car segment.

Key logistics and trade partners are revamping their trade volumes to felicitate the vehicles demand in the GCC region. This has helped used car business owners who are simply importing cars from around the GCC region. For instance, in September 2022, Jebel Ali Free Zone (Jafza), which is the leading trade and logistics hub in the Middle East facilitated a total of 1.2 million (MT) from Dubai. The total volume of trade remains 4.8 million MT of vehicle & transport commodities through the United Arab Emirates in 2021.

Considering these factors and developments, demand for a used cars in the GCC region is expected to witness a high growth rate during the forecast period.

GCC Used Car Industry Overview

GCC 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 February 2022, Al-Futtaim Trading Enterprises, the official distributor of Honda in the UAE, launched its certified approved pre-owned program, providing customers the opportunity to purchase a pre-owned Honda with the same brand guarantee and high-quality service pledge as a brand-new Honda. With these appealing service plans, flexible in-house finance solutions, and competitive trade-in offers the approved pre-owned program offers appealing deals for aspiring Honda customers.

GCC Used Car Market Leaders

  1. Arabian Auto Agency

  2. YallaMotors

  3. AlNabooda Automobiles

  4. AlTayer Motors

  5. Alfuttaim Group

  6. *Disclaimer: Major Players sorted in no particular order
GCC used car concentration.png
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GCC Used Car Market News

In September 2022, the Interior Ministry of Bahrain announced that the imported vehicles which have crossed 10 years of registration are not allowed to get registered in Bahrain. 

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

GCC Used Car Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Drivers
  • 4.2 Market Restraints
  • 4.3 Porters Five Force Analysis
    • 4.3.1 Threat of New Entrants
    • 4.3.2 Bargaining Power of Buyers/Consumers
    • 4.3.3 Bargaining Power of Suppliers
    • 4.3.4 Threat of Substitute Products
    • 4.3.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION (Market Size in Value USD Billion)

  • 5.1 Vehicle Type
    • 5.1.1 Hatchback
    • 5.1.2 Sedan
    • 5.1.3 SUV and MUV
    • 5.1.4
  • 5.2 Sales Channel
    • 5.2.1 Online
    • 5.2.2 Offline
  • 5.3 Vendor Type
    • 5.3.1 Organized
    • 5.3.2 Unorganized

6. COMPETITIVE LANDSCAPE

  • 6.1 Vendor Market Share
  • 6.2 Company Profiles
    • 6.2.1 Al-Futtaim Group
    • 6.2.2 Dubizzle Motors LLC
    • 6.2.3 Abdul Latif Jameel Motors
    • 6.2.4 Yalla Motors
    • 6.2.5 Al Nabooda Automobiles LLC
    • 6.2.6 CARS 24
    • 6.2.7 OLX
    • 6.2.8 AlTayer Motors
    • 6.2.9 Arabian Auto Agency
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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GCC Used Car Industry Segmentation

A Used Car, a pre-owned vehicle, or a secondhand car, is a vehicle that has previously had one or more retail owners. Used cars are sold through various outlets, including franchise and independent car dealers, rental car companies, buy here pay here dealerships, leasing offices, auctions, and private party sales.

GCC Used Car Market is segmented by vehicle type, sales channel, vendor type, and country. Based on vehicle type, the market is segmented into hatchback, sedan, and sports utility vehicles (SUV) and multi-purpose vehicles (MPVs)). Based on sales channel, the market is segmented into online and offline. Based on vendor type, the market is segmented into organized and unorganized, and based on country, the market is segmented into Country United Arab Emirates, Bahrain, Saudi Arabia, Oman, Qatar, and Kuwait. For each segment, market sizing and forecast have been done on basis of a value (USD billion).

Vehicle Type Hatchback
Sedan
SUV and MUV
Sales Channel Online
Offline
Vendor Type Organized
Unorganized
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GCC Used Car Market Research FAQs

What is the current GCC Used Car Market size?

The GCC Used Car Market is projected to register a CAGR of 8.58% during the forecast period (2025-2030)

Who are the key players in GCC Used Car Market?

Arabian Auto Agency, YallaMotors, AlNabooda Automobiles, AlTayer Motors and Alfuttaim Group are the major companies operating in the GCC Used Car Market.

What years does this GCC Used Car Market cover?

The report covers the GCC Used Car Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the GCC Used Car Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

GCC Used Cars Industry Report

Statistics for the 2025 GCC Used Car market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. GCC Used Car analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.