Press Release

Egypt Used Car Market to be Dominated by Fuel Type Segment till 2027

Growing demand for used car as they are cost effective to drive the used car market through forecast period.

According to TechSci Research report, Egypt Used Car Market - By Region, Competition Forecast & Opportunities, 2027, the Egypt used car is expected to witness growth at a significant rate in 2023-2027. A used car refers to a second-hand, or used automobile, which is refurbished and made available for resale. The process of selling an old vehicle involves identifying the flaws in the vehicle, repairing, and refurbishing it to working conditions and listing it for sale. The shifting consumer preference towards used or refurbished cars is further driving the growth of the market. In addition to this, individuals residing in urban areas and metropolitan cities prefer to own multiple vehicles for improved mobility and convenience supports the market growth. With this, the increase in workforce participation among females especially in the developing countries like Egypt escalating the demand for used cars. The enhancement in the organized retail channels of used cars is fueling the growth of the market. Several automobile manufacturers and retailers are utilizing online platforms to connect and trade with the consumers with ease of operations. The growing utilization of blockchain technologies to store and preserve the maintenance history record of the carbon footprint of the used cars is acting as another significant growth-inducing factor. Automobile manufacturers also use several advanced technologies to obtain digitized recommendations regarding the vehicle health and generate performance reports. Some of the factors driving the market growth include rising expenditure capacities of the consumers and the increasing demand for used luxury cars.

However, unorganized sales of used cars and lack of regularizations is anticipated to limit the growth of the used car market in the coming years.

Browse over XX market data Figures spread through 70 Pages and an in-depth TOC on "Egypt Used car Market"

The Egypt used car market is segmented into vehicle type, fuel type, end use, regional distribution, and competitive landscape.

Based on fuel type, the market is segmented into petrol/gasoline, diesel, others. Petrol/gasoline segment is expected to hold the largest revenue in the market in the coming years, 2023-2027. This is due to the declining usage of diesel-based vehicles which supports the growth. Furthermore, the government authorities of various regions have issued stringent regulations for the diesel-powered vehicles, triggers the market growth for alternate fuel sources.

Based on end use, the market is bifurcated into institutional, individual. Individual segment is anticipated to dominate the market in the forecast years, 2023-2027.With majority of independent dealer in the country, the used car market is dominated by unorganized and Semi-organized dealers. Less-aged cars and popular brands with good resale value are highly valued by the leading participants. 

Several key market players operating in the Egypt used car market is:

  • CarSemsar
  • El Masria Auto
  • El Hawi Auto Trade
  • MM Group for Industry & Intl. Trade
  • El Qersh Trade
  • Alfa Motors
  • Auto Rimo
  • Meme Auto Trade
  • Al Maadi Company

Download Sample Report

Customers can also request for 10% free customization on this report.

The significant role of online sales has become a crucial growth factor in the market. Online sites in automobile marketplaces have played an essential role in bringing access to consumers with a single touch. A combination of such developments created a significant increase in the demand for used cars. In addition to this, numerous factors such as affordability, the availability of used cars, the inflating need for personal mobility, and the emergence of several online players to organize the market are further leading to the growth of the market growth. Continuous technological breakthroughs including the development of the internet and the launch of hybrid and used cars have changed the buyer position in the market which supports the market growth. Factors such as transparency and symmetry of the information among the consumers and buyers, the online sales channel growth, certified used vehicle programs, and the strong position of franchise dealers plays a strong role in augment the market for used cars towards growth. Several leading companies have set up online and offline stores worldwide to offer seamless used car buying experiences which is projected to accelerate the market growth till 2027.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm”.

Egypt Used Car Market By Vehicle Type (Small Cars, Mid-Size Cars, Luxury Cars), By Fuel Type (Petrol/Gasoline, Diesel, Others), By End Use (Institutional, Individual), By Region, Competition Forecast & Opportunities, 2027 has analyzed the future growth potential of Egypt used car market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and assist decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with significant drivers, challenges, and opportunities in Egypt used car market.


Mr. Ken Mathews

708 Third Avenue,

Manhattan, NY,

New York – 10017

Tel: +1-646-360-1656

Email: [email protected]


Relevant News