SEARCH   
MEMBER LOGIN    

Used Car Dealers in Canada: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Used Car Dealers in Canada Market Research Report | NAICS 44112CA | Jan 2015

Revving up: Renewed demand for used vehicles and higher prices will drive industry revenue

IBISWorld’s Used Car Dealers market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$7bn
Annual Growth 10-15
1.8%
Annual Growth 15-20
Add to Cart
Profit
Add to Cart
Employment
13,211
Businesses
6,126
Industry Analysis & Industry Trends

The Used Car Dealers industry has since shifted gears since the economic downturn and has taken off at full speed. as economic conditions improved and consumer spending began to rise again, consumers released pent-up demand for big-ticket purchases, such as automobiles. Moreover, consumers, still wary of the economic climate, increasingly opted to purchase used vehicles over new ones, helping to boost sales.These trends are expected to continue in the five years to 2020, bolstering demand. Additionally, acquisition activity is expected to remain prominent over the five-year period, as industry operators vie for a greater share of the market... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Used Car Dealers industry is in the mature phase of its life cycle. Industry value added (IVA), a measure of the industry's contribution to the overall economy, is forecast to grow at an average annual rate of 2.0% over the 10 years to 2020. By contrast, GDP is projected to expand at an average annual rate of 2.2% over the same period. Because IVA is expected to grow at a slower rate than the overall economy, this is an indication that the Used Car Dealers industry is in the mature stage of its life cycle.

The industry's clearly segmented product groups and user industries also indicate a mature life cycle stage. Moreover, the number of used car dealerships has remained relatively stable... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Used Car Dealers Industry?

This industry sells used passenger vehicles, including cars, light trucks, sports utility vehicles and vans. Used car dealers also provide parts and repair services, as well as financing and insurance.

Industry Products
Used light trucksUsed cars
 
Industry Activities
Selling used carsSelling used light trucksWholesaling used vehiclesOffering vehicle financing


View Sample
Quote
Select Clients