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UAE Certified Pre-Owned Car Market by Car Type (Hatchback, Sedan, Sports Utility Vehicle and Others) by Car Age (0-4 Years, 4-8 Years and More than 8 Years) by Fuel Type ( Diesel, Petrol and Others) by Vendor Type (Organized and Unorganized) by Distribution Channel (Online and Offline): Industry Analysis, Trends, Growth and Forecast 2022-2027



UAE Certified Pre-Owned Car Market Overview:

The UAE certified pre-owned car market was worth US$ XX Billion in 2021, expanding at a CAGR of X% during 2016-2021. Looking forward, the market is projected to grow at a CAGR of around X% during 2022-2027, reaching a value of US$ XX Billion by 2027. Certified pre-owned cars refer to second-hand vehicles or used cars that undergo a thorough inspection and testing by the automobile dealer before selling. They are repaired to exceed the constraints of used cars and ensure specific standards of quality. These vehicles can be purchased in various places, including traditional franchise and independent car dealerships, auctions, rental car agencies, leasing offices, and private party sales. Some commonly available certified pre-owned cars include sedans, SUVs, and hatchbacks. These vehicles provide numerous benefits to their owners, such as low-interest financing, extended warranty protection, free maintenance, and roadside assistance. Since they offer cost-effective ways to reduce vehicle depreciation, certified pre-owned cars are gaining immense traction across the UAE.

The UAE certified pre-owned car market is primarily driven by the shifting consumer preferences toward owning multiple vehicles for improved mobility, convenience, and luxury. Moreover, the lower certified pre-owned car prices and several value-added services provided by car dealers, such as long-term warranties, pre-installed accessories, and easy maintenance, have augmented the product demand. Additionally, the rising popularity of certified pre-owned vehicles for shared services, such as ride-hailing, ridesharing, and car rental, due to their affordability among UAE citizens and tourists is positively influencing the market growth. Besides this, the surging adoption of refurbished cars to reduce waste disposal and control carbon emissions owing to rising environmental consciousness and elevating focus on sustainable development is another major growth-inducing factor. Besides this, the expanding population of expatriates in the country who prefer affordable private transportation over purchasing a new vehicle for a long-term commitment has catalyzed market growth. Furthermore, numerous technological advancements, including the integration of blockchain technology to preserve and maintain the service history records of pre-owned cars, are contributing to market growth. Other factors, including the easy availability of used car financing and loans, inflating consumer purchasing power, and active online sales of used cars, are also anticipated to drive the market further.

Beginning with a regional overview, the report explores the dynamics that have a strong influence on the UAE certified pre-owned car market and can also impact its future growth. Taking 2021 as the base year, the report covers historical market scenario from 2016-2021 and provides forecasts till 2027. This includes the study of value and volume trends and pricing history. Growth inducing factors, market restraints and recent developments have also been analysed in the report in order to provide a deeper knowledge about the industry. 

The report analyses the competitive structure of the UAE certified pre-owned car market industry and provides the profiles of major players operating in the market. The price margins for the products along with the various success and risk factors for manufacturers have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the UAE certified pre-owned car market industry along the parameters of the Porter’s Five Forces model. This model examines the degree of competition in the UAE certified pre-owned car market industry by analysing the threat posed by new entrants and substitutes, and the bargaining power of suppliers and buyers. SWOT analysis of the market has also been presented in the report which highlights the strengths, weaknesses, opportunities and threats pertaining to the UAE certified pre-owned car market industry. Furthermore, the value chain analysis of the UAE certified pre-owned car market industry has also been covered in the report. This comprises of all the activities in the value chain, such as the procurement of various raw materials, manufacturing, sales and distribution. 

UAE Certified Pre-Owned Car Market Segment Insights:

The UAE certified pre-owned car market has been analysed as followed:

By Car Type:

  • Hatchback
  • Sedan
  • Sports Utility Vehicle
  • Others

By Car Age:

  • 0-4 Years
  • 4-8 Years
  • More than 8 Years

By Fuel Type:

  • Diesel
  • Petrol
  • Others

By Vendor Type:

  • Organized
  • Unorganized

By Distribution Channel

  • Online
  • Offline

By Emirates:

  • Abu Dhabi
  • Dubai
  • Sharjah
  • Ajman
  • Others

Competative Landscape: 

The competitive landscape of the industry has also been examined along with the profiles of the key players- AlbaCars, Al-Futtaim, Al Naboodah Group (Saeed & Mohammed Al Naboodah Holding LLC), AL Tayer Group, AW Rostamani Group, Car Switch Dubai, Dubicars International FZ-LLC, Dubizzle Middle East FZ-LLC and The Elite Car.

Highlights of the UAE Certified Pre-Owned Car Market Report:

  • Historical and current scenario
  • Trends and developments
  • Impact of COVID-19
  • Market forecast
  • Price analysis and forecast
  • Porter’s five forces analysis
  • SWOT analysis
  • Value chain analysis

Report Customisation:

The UAE certified pre-owned car market report can be customised as per your requirements. You can get in touch with our analyst, who will make sure that the report suits your research needs

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    UAE Certified Pre-Owned Car Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Car Type
    6.1    Hatchback
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Sedan
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Sports Utility Vehicle
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Others
        6.4.1 Market Trends
        6.4.2 Market Forecast
7    Market Breakup by Car Age
    7.1    0-4 Years
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    4-8 Years
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    More than 8 Years
        7.3.1 Market Trends
        7.3.2 Market Forecast
8    Market Breakup by Fuel Type
    8.1    Diesel
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Petrol
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Others
        8.3.1 Market Trends
        8.3.2 Market Forecast
9    Market Breakup by Vendor Type
    9.1    Organized
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Unorganized
        9.2.1 Market Trends
        9.2.2 Market Forecast
10    Market Breakup by Distribution Channel
    10.1    Online
        10.1.1 Market Trends
        10.1.2 Market Forecast
    10.2    Offline
        10.2.1 Market Trends
        10.2.2 Market Forecast
11    Market Breakup by Emirates
    11.1    Abu Dhabi
        11.1.1 Market Trends
        11.1.2 Market Forecast
    11.2    Dubai
        11.2.1 Market Trends
        11.2.2 Market Forecast
    11.3    Sharjah
        11.3.1 Market Trends
        11.3.2 Market Forecast
    11.4    Ajman
        11.4.1 Market Trends
        11.4.2 Market Forecast
    11.5    Others
        11.5.1 Market Trends
        11.5.2 Market Forecast
12    SWOT Analysis
    12.1    Overview
    12.2    Strengths
    12.3    Weaknesses
    12.4    Opportunities
    12.5    Threats
13    Value Chain Analysis
14    Porters Five Forces Analysis

    14.1    Overview
    14.2    Bargaining Power of Buyers
    14.3    Bargaining Power of Suppliers
    14.4    Degree of Competition
    14.5    Threat of New Entrants
    14.6    Threat of Substitutes
15    Price Analysis
16    Policy and Regulatory Landscape
17    Competitive Landscape

    17.1    Market Structure
    17.2    Key Players
    17.3    Profiles of Key Players
        17.3.1    AlbaCars
           17.3.1.1 Company Overview
           17.3.1.2 Product Portfolio
        17.3.2    Al-Futtaim
           17.3.2.1 Company Overview
           17.3.2.2 Product Portfolio
        17.3.3    Al Naboodah Group (Saeed & Mohammed Al Naboodah Holding LLC)
           17.3.3.1 Company Overview
           17.3.3.2 Product Portfolio 
        17.3.4    AL Tayer Group
           17.3.4.1 Company Overview
           17.3.4.2 Product Portfolio
        17.3.5    AW Rostamani Group
           17.3.5.1 Company Overview
           17.3.5.2 Product Portfolio
        17.3.6    Car Switch Dubai
           17.3.6.1 Company Overview
           17.3.6.2 Product Portfolio 
        17.3.7    Dubicars International FZ-LLC
           17.3.7.1 Company Overview
           17.3.7.2 Product Portfolio
        17.3.8    Dubizzle Middle East FZ-LLC
           17.3.8.1 Company Overview
           17.3.8.2 Product Portfolio
        17.3.9    The Elite Car
           17.3.9.1 Company Overview
           17.3.9.2 Product Portfolio

List of Figures

Figure 1: UAE: Certified Pre-Owned Car Market: Major Drivers and Challenges
Figure 2: UAE: Certified Pre-Owned Car Market: Sales Value (in Billion US$), 2016-2021
Figure 3: UAE: Certified Pre-Owned Car Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: UAE: Certified Pre-Owned Car Market: Breakup by Car Type (in %), 2021
Figure 5: UAE: Certified Pre-Owned Car Market: Breakup by Car Age (in %), 2021
Figure 6: UAE: Certified Pre-Owned Car Market: Breakup by Fuel Type (in %), 2021
Figure 7: UAE: Certified Pre-Owned Car Market: Breakup by Vendor Type (in %), 2021
Figure 8: UAE: Certified Pre-Owned Car Market: Breakup by Distribution Channel (in %), 2021
Figure 9: UAE: Certified Pre-Owned Car Market: Breakup by Emirates (in %), 2021
Figure 10: UAE: Certified Pre-Owned Car (Hatchback) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: UAE: Certified Pre-Owned Car (Hatchback) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: UAE: Certified Pre-Owned Car (Sedan) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: UAE: Certified Pre-Owned Car (Sedan) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: UAE: Certified Pre-Owned Car (Sports Utility Vehicle) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: UAE: Certified Pre-Owned Car (Sports Utility Vehicle) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: UAE: Certified Pre-Owned Car (Other Car Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: UAE: Certified Pre-Owned Car (Other Car Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: UAE: Certified Pre-Owned Car (0-4 Years) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: UAE: Certified Pre-Owned Car (0-4 Years) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: UAE: Certified Pre-Owned Car (4-8 Years) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: UAE: Certified Pre-Owned Car (4-8 Years) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: UAE: Certified Pre-Owned Car (More than 8 Years) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: UAE: Certified Pre-Owned Car (More than 8 Years) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: UAE: Certified Pre-Owned Car (Diesel) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: UAE: Certified Pre-Owned Car (Diesel) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: UAE: Certified Pre-Owned Car (Petrol) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: UAE: Certified Pre-Owned Car (Petrol) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: UAE: Certified Pre-Owned Car (Other Fuel Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: UAE: Certified Pre-Owned Car (Other Fuel Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: UAE: Certified Pre-Owned Car (Organized) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: UAE: Certified Pre-Owned Car (Organized) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: UAE: Certified Pre-Owned Car (Unorganized) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: UAE: Certified Pre-Owned Car (Unorganized) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: UAE: Certified Pre-Owned Car (Online) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: UAE: Certified Pre-Owned Car (Online) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: UAE: Certified Pre-Owned Car (Offline) Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: UAE: Certified Pre-Owned Car (Offline) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Abu Dhabi: Certified Pre-Owned Car Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Abu Dhabi: Certified Pre-Owned Car Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Dubai: Certified Pre-Owned Car Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Dubai: Certified Pre-Owned Car Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Sharjah: Certified Pre-Owned Car Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Sharjah: Certified Pre-Owned Car Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Ajman: Certified Pre-Owned Car Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Ajman: Certified Pre-Owned Car Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Others: Certified Pre-Owned Car Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Others: Certified Pre-Owned Car Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: UAE: Certified Pre-Owned Car Industry: SWOT Analysis
Figure 49: UAE: Certified Pre-Owned Car Industry: Value Chain Analysis
Figure 50: UAE: Certified Pre-Owned Car Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: UAE: Certified Pre-Owned Car Market: Key Industry Highlights, 2021 and 2027
Table 2: UAE: Certified Pre-Owned Car Market Forecast: Breakup by Car Type (in Million US$), 2022-2027
Table 3: UAE: Certified Pre-Owned Car Market Forecast: Breakup by Car Age (in Million US$), 2022-2027
Table 4: UAE: Certified Pre-Owned Car Market Forecast: Breakup by Fuel Type (in Million US$), 2022-2027
Table 5: UAE: Certified Pre-Owned Car Market Forecast: Breakup by Vendor Type (in Million US$), 2022-2027
Table 6: UAE: Certified Pre-Owned Car Market Forecast: Breakup by Distribution Channel (in Million US$), 2022-2027
Table 7: UAE: Certified Pre-Owned Car Market Forecast: Breakup by Emirates (in Million US$), 2022-2027
Table 8: UAE: Certified Pre-Owned Car Market: Competitive Structure
Table 9: UAE: Certified Pre-Owned Car Market: Key Players

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