Canada Used Car Market (2026-2032) | Trends, Analysis, Forecast, Outlook, Revenue, Companies, Value, Growth, Industry, Share, Size & Segmentation

Market Forecast By Vehicle Type (Hatchbacks, Sedan, Sports Utility Vehicle, Others), By Vendor (Organized, Unorganized), By Fuel Type (Gasoline, Diesel, Alternative Fuel Vehicles) And Competitive Landscape
Product Code: ETC5376274 Publication Date: Nov 2023 Updated Date: Feb 2026 Product Type: Market Research Report
Publisher: 6Wresearch Author: Ravi Bhandari No. of Pages: 60 No. of Figures: 30 No. of Tables: 5

Canada Used Car Market: Import Trend Analysis

The Canada used car market witnessed a steady increase in imports from 2020 to 2024. The Compound Annual Growth Rate (CAGR) of 16.24% during this period, along with a notable year-on-year growth rate of 19.09% in 2023-2024, contributed to the overall rise in imported used cars during these years.

 Canada Used Car Market: Import Trend Analysis

Key Highlights of the Report:

  • Canada Used Car Market Outlook
  • Market Size of Canada Used Car Market, 2025
  • Forecast of Canada Used Car Market, 2032
  • Historical Data and Forecast of Canada Used Car Revenues & Volume for the Period 2022-2032F
  • Canada Used Car Market Trend Evolution
  • Canada Used Car Market Drivers and Challenges
  • Canada Used Car Price Trends
  • Canada Used Car Porter`s Five Forces
  • Canada Used Car Industry Life Cycle
  • Historical Data and Forecast of Canada Used Car Market Revenues & Volume By Vehicle Type for the Period 2022-2032F
  • Historical Data and Forecast of Canada Used Car Market Revenues & Volume By Hatchbacks for the Period 2022-2032F
  • Historical Data and Forecast of Canada Used Car Market Revenues & Volume By Sedan for the Period 2022-2032F
  • Historical Data and Forecast of Canada Used Car Market Revenues & Volume By Sports Utility Vehicle for the Period 2022-2032F
  • Historical Data and Forecast of Canada Used Car Market Revenues & Volume By Others for the Period 2022-2032F
  • Historical Data and Forecast of Canada Used Car Market Revenues & Volume By Vendor for the Period 2022-2032F
  • Historical Data and Forecast of Canada Used Car Market Revenues & Volume By Organized for the Period 2022-2032F
  • Historical Data and Forecast of Canada Used Car Market Revenues & Volume By Unorganized for the Period 2022-2032F
  • Historical Data and Forecast of Canada Used Car Market Revenues & Volume By Fuel Type for the Period 2022-2032F
  • Historical Data and Forecast of Canada Used Car Market Revenues & Volume By Gasoline for the Period 2022-2032F
  • Historical Data and Forecast of Canada Used Car Market Revenues & Volume By Diesel for the Period 2022-2032F
  • Historical Data and Forecast of Canada Used Car Market Revenues & Volume By Alternative Fuel Vehicles for the Period 2022-2032F
  • Canada Used Car Import Export Trade Statistics
  • Market Opportunity Assessment By Vehicle Type
  • Market Opportunity Assessment By Vendor
  • Market Opportunity Assessment By Fuel Type
  • Canada Used Car Top Companies Market Share
  • Canada Used Car Competitive Benchmarking By Technical and Operational Parameters
  • Canada Used Car Company Profiles
  • Canada Used Car Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Canada Used Car Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Canada Used Car Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 Canada Used Car Market Overview

3.1 Canada Country Macro Economic Indicators

3.2 Canada Used Car Market Revenues & Volume, 2022 & 2032F

3.3 Canada Used Car Market - Industry Life Cycle

3.4 Canada Used Car Market - Porter's Five Forces

3.5 Canada Used Car Market Revenues & Volume Share, By Vehicle Type, 2022 & 2032F

3.6 Canada Used Car Market Revenues & Volume Share, By Vendor, 2022 & 2032F

3.7 Canada Used Car Market Revenues & Volume Share, By Fuel Type, 2022 & 2032F

4 Canada Used Car Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Growing demand for affordable transportation options

4.2.2 Increase in the availability of certified pre-owned vehicles

4.2.3 Rising preference for used cars due to depreciation concerns

4.3 Market Restraints

4.3.1 Economic uncertainty impacting consumer spending

4.3.2 Stringent regulations related to emissions and safety standards in used vehicles

5 Canada Used Car Market Trends

6 Canada Used Car Market Segmentations

6.1 Canada Used Car Market, By Vehicle Type

6.1.1 Overview and Analysis

6.1.2 Canada Used Car Market Revenues & Volume, By Hatchbacks, 2022-2032F

6.1.3 Canada Used Car Market Revenues & Volume, By Sedan, 2022-2032F

6.1.4 Canada Used Car Market Revenues & Volume, By Sports Utility Vehicle, 2022-2032F

6.1.5 Canada Used Car Market Revenues & Volume, By Others, 2022-2032F

6.2 Canada Used Car Market, By Vendor

6.2.1 Overview and Analysis

6.2.2 Canada Used Car Market Revenues & Volume, By Organized, 2022-2032F

6.2.3 Canada Used Car Market Revenues & Volume, By Unorganized, 2022-2032F

6.3 Canada Used Car Market, By Fuel Type

6.3.1 Overview and Analysis

6.3.2 Canada Used Car Market Revenues & Volume, By Gasoline, 2022-2032F

6.3.3 Canada Used Car Market Revenues & Volume, By Diesel, 2022-2032F

6.3.4 Canada Used Car Market Revenues & Volume, By Alternative Fuel Vehicles, 2022-2032F

7 Canada Used Car Market Import-Export Trade Statistics

7.1 Canada Used Car Market Export to Major Countries

7.2 Canada Used Car Market Imports from Major Countries

8 Canada Used Car Market Key Performance Indicators

8.1 Average age of used cars in the market

8.2 Average selling price of used cars

8.3 Number of certified pre-owned vehicles in the market

9 Canada Used Car Market - Opportunity Assessment

9.1 Canada Used Car Market Opportunity Assessment, By Vehicle Type, 2022 & 2032F

9.2 Canada Used Car Market Opportunity Assessment, By Vendor, 2022 & 2032F

9.3 Canada Used Car Market Opportunity Assessment, By Fuel Type, 2022 & 2032F

10 Canada Used Car Market - Competitive Landscape

10.1 Canada Used Car Market Revenue Share, By Companies, 2025

10.2 Canada Used Car Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Export potential assessment - trade Analytics for 2030

Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.

By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.

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