Asia Pacific Used Two-Wheeler Market to Grow with a CAGR of 7.65% through 2030
Rising urban congestion, increasing demand for affordable personal
mobility, and expanding online used vehicle platforms are the factors driving
the market in the forecast period 2026–2030.
According to TechSci Research report, “Asia Pacific Used
Two-Wheeler Market – By Country, Competition, Opportunities and
Forecast, 2020-2030F”, The Asia Pacific Used Two-Wheeler Market was
valued at USD 613.61 Million in 2024 and is expected to reach USD 954.93
Million by 2030 with a CAGR of 7.65% during the forecast period.
The Asia Pacific used two-wheeler market is evolving rapidly, driven by
the convergence of urban mobility demands, rising consumer familiarity with
peer-to-peer resale culture, and increasing internet penetration in semi-urban
and rural belts. The combination of growing traffic congestion and limited
public transportation in many urban areas has pushed daily commuters to explore
quicker and more affordable alternatives. Used two-wheelers, particularly
motorcycles and scooters, are emerging as practical solutions that align with
fast-paced lifestyles. Technological awareness and smartphone adoption have
allowed consumers to explore online listings, assess comparative pricing, and
locate nearby inventory with ease. The improved ease of discovery has played a
key role in normalizing used two-wheeler purchases, especially among first-time
owners.
The market’s upward trajectory is reinforced by lifestyle shifts among
younger populations and migrant workers who prioritize affordability and
mobility over brand-new ownership. In many urban centers, where relocation is
common for employment, the demand for short-term vehicle usage is high, making
second-hand two-wheelers an ideal match. Environmental concerns have also
contributed, as keeping vehicles in circulation for longer periods reduces
waste and emissions tied to new manufacturing. Markets are also benefiting from
the rise of freelance delivery services and gig economy drivers, who often seek
low-cost transportation that delivers reliable performance with low fuel
consumption and minimal upkeep. These professionals form a rapidly expanding
customer base for used two-wheelers, particularly in metro corridors.
The ecosystem is further strengthened by developments in digital
financing, roadside assistance tie-ups, and reseller networks offering doorstep
servicing and home test rides. As fintech solutions become more embedded in the
resale process, the financial barrier to entry is reduced for informal workers,
small business owners, and students. Parallel to this, awareness campaigns
around vehicle verification apps and digital registration transfers are
reducing past mistrust surrounding used vehicle purchases. Industry players are
also introducing basic insurance bundles and service warranties to
differentiate offerings and build repeat customer bases. These enhancements are
paving the way for a more structured used two-wheeler economy that appeals not
only to value-seeking buyers but also to those looking for convenient,
tech-enabled purchasing experiences.
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Asia Pacific Used Two-Wheeler Market Is
Segmented by Vehicle Type, Propulsion, and By Country.
In 2024, the electric
segment emerged as the fastest-growing propulsion type in the Asia Pacific used
two-wheeler market. The rise of electric models in the resale market has been
driven by a growing awareness of environmental issues and strong policy incentives
that encouraged early adoption of new electric two-wheelers in previous years.
As more first-hand electric scooters and motorcycles entered circulation, the
availability of pre-owned electric models increased across urban and peri-urban
zones. Consumers began opting for these used electric two-wheelers due to their
cost-effectiveness, lower maintenance needs, and exemption from fuel expenses.
Rising fuel prices and mounting operating costs of internal combustion engine
(ICE) vehicles pushed value-sensitive buyers to consider electric options.
Battery performance improvements, reduced charging time, and enhanced safety
features in newer models contributed to growing consumer confidence in the
resale value of electric vehicles. Increased public charging infrastructure and
localized repair services for electric powertrains further supported this
transition. For users such as delivery riders, students, and urban commuters,
second-hand electric two-wheelers offered an appealing combination of
affordability, low emissions, and practical utility.
Among all countries in the
region, Indonesia recorded the fastest growth in the Asia Pacific used
two-wheeler market in 2024. This surge was driven by a mix of demographic,
economic, and policy-related factors. The country’s large working-age
population and dense urban centers created strong baseline demand for
two-wheeled mobility solutions. Many consumers in mid-tier cities and suburban
districts opted for used vehicles as a cost-saving measure, especially in light
of rising living expenses. The government's consistent push for electric
vehicle adoption, supported by financial subsidies, waived registration fees,
and local manufacturing initiatives, catalyzed both new and used electric
vehicle availability. As electric two-wheelers became more common through
direct purchases and leasing programs, they quickly entered the resale market,
giving rise to a robust second-hand electric vehicle ecosystem. The expansion
of e-commerce and delivery services increased demand for affordable,
low-maintenance transport solutions among gig workers, many of whom favored
used electric models for daily tasks. Infrastructure development—such as
dedicated parking, battery swapping networks, and neighborhood charging
stations—strengthened the practical viability of electric two-wheelers in both
major cities and satellite towns. As digital marketplaces and mobile apps
improved transparency and access to resale inventory, Indonesian buyers became
more inclined to purchase used electric vehicles, accelerating market growth
beyond other regional markets.
Major Market Players
Operating in Asia Pacific Used Two-Wheeler Market Are:
- OLX Group
- Girnar Software Pvt. Ltd. (BikeDekho.com)
- Fifth Gear Ventures Ltd.
- Droom Technology Limited
- Mobil123
- Carmudi Philippines Inc.
- Incredible Technologies Pvt. Ltd. (CREDR)
- Carousell-PH, Inc.
- Carmudi.com.ph
- Baht&Sold
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As people look for smarter and more affordable ways
to get around, used two-wheelers are becoming a go-to choice across Asia
Pacific,”. “What we’re seeing is a big shift—buyers want value, low running
costs, and reliable options, and the used market is ticking all those boxes.
With better online platforms and growing trust in second-hand vehicles, this
market is only going to grow faster in the coming years", said Mr. Karan Chechi,
Research Director of TechSci Research, a research-based global management
consulting firm.
“Asia Pacific Used Two-Wheeler
Market By Vehicle
Type (Scooters/Moped, Motorcycle), By Propulsion (ICE, Electric), By Country, Competition, Opportunities and Forecast, 2020-2030F”, assesses the market's future growth potential and
provides data on market size, trends, and forecasts. It aims to offer
comprehensive market insights, helping decision-makers make informed investment
choices. The report also highlights emerging trends, key drivers, challenges, and
opportunities in the Asia Pacific Used Two-Wheeler Market.
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