Used Car and Refurbished Car Sales Market - Forecast(2023 - 2028)
Used car market is predicted to reach US$960.98 billion in 2028, progressing at a CAGR of 5.27% over the period 2023-2028. Factors such as growing population, increasing car ownership, expanding urbanization, mounting penetration of internet and high depreciation rate of new cars would drive the growth of the market.
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?The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats.
The key areas of focus include the various types of developments in Refurbished Car Sales Market, and their specific advantages to the market.
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