indian blue book report 2022 pdf

Indian Blue Book (IBB) report 2022

Used car retailers to witness growth at a CAGR of 19.5 per cent till FY27

The recent release of the Indian Blue Book (IBB) report 2022 estimates the used car market at USD 23 billion in FY22 and speculates it to grow at a double rate of 19.5 per cent CAGR till FY27.

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New report on the Indian book market

• October 4, 2022

Nielsen BookData has partnered with The Federation of Indian Publishers (FIP) to produce and publish the long-awaited Nielsen BookData India Book Market Report 2022. With the India print book market predicted to reach just shy of US$12 billion by the end of 2024, this new report provides an in-depth analysis of the Indian book market, including the size of the market in value terms and the contribution the sector makes to the Indian economy. Other highlights include a detailed look at the Indian education system and the role it plays within Indian book publishing, and the impact legislation has on the industry.

The publishing industry has changed enormously over the last five years. Both organizations recognised the need to carry out new research and have collaborated closely to deliver this new report which provides a business-critical analysis of the market to inform and support the stakeholders of the Indian publishing industry, government agencies and overseas investors.

The report was launched on 30 September 2022 by Dr Rajkumar Ranjan Singh, India’s Minister of State for External Affairs and Education, at a special event hosted by FIP at The Claridges Hotel in New Delhi.

Pranav Gupta, FIP Joint Secretary, said: The Indian publishing industry is a vital part of the Indian economy and has been developing rapidly over the past few years. It also contributes substantially to the country’s employment rate and plays a pivotal role in disseminating knowledge, invariably contributing to the robust development of the country’s cultured ethos. The India Book Market Report 2022 occupies a prominent position domestically and internationally and has exhibited a linearly expanding growth curve. It will be of immense importance for people not only in operating in the publishing ecosystem but also for policymakers and investors in this sector.

Karine Pansa, President-elect of the IPA, said: If we are to understand the accelerated changes in international publishing, and explain them to policy makers, then we need solid data. I commend the Federation of Indian Publishers, and Nielsen BookData, for bringing this report together and demonstrating the positive impact of Indian publishing to the Indian economy but also to society as a whole.

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India Used Car Market

India used car market report by vehicle type (hatchbacks, sedan, sports utility vehicle, and others), vendor type (organized, unorganized), fuel type (gasoline, diesel, and others), sales channel (online, offline), and region 2024-2032.

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Market Overview:

The India used car   market size reached US$ 31.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 93.2 Billion by 2032, exhibiting a growth rate (CAGR) of 12.78% during 2024-2032.

A used car refers to a second-hand vehicle that is available for resale. These cars are generally repaired and refurbished to working conditions, following which they are listed for sale. They are usually sold through independent automobile dealerships, walk-in used-car showrooms, and online platforms using organized or unorganized channels. Sedans, hatchbacks, and sports utility vehicles are some of the commonly preferred used cars. The process of purchasing an old vehicle involves checking tire conditions, upholstery, mileage, test drive, and mechanical inspection. Used cars assist in minimizing the depreciation of the vehicle, improving cost-effectiveness, maximizing savings, and providing full assurance and warranty of the car and facilities. 

India Used Car Market Trends:

The increasing consumer demand for cost-effective and affordable vehicles with enhanced mobility, convenience, and safety is primarily driving the used car market in India. In line with this, the lower rate of personal car ownership by millennials due to the high cost of maintenance is positively impacting the market growth. Moreover, the constant model upgrades and the electrification of vehicles are acting as other growth-inducing factors. Manufacturers are increasingly incorporating advanced technologies and features, such as power steering systems, climate control systems, and anti-lock braking systems in the latest models, which, in turn, is facilitating their demand in the country. Apart front this, the utilization of e-commerce sites and applications to purchase and sell used cars with complete transparency and ease of operations is providing an impetus to the market growth. Additionally, the increasing number of organized and semi-organized sales across the country and the shifting consumer preference towards private cars to maintain social distancing amidst the COVID-19 pandemic is supporting the market growth. Other factors, including rising expenditure capacities of consumers, large-scale integration of blockchain technologies, and growing environmental consciousness, are anticipated to drive the market toward growth.

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the India used car market report, along with forecasts at the country and regional levels from 2024-2032. Our report has categorized the market based on vehicle type, vendor type, fuel type and sales channel.

Breakup by Vehicle Type:

• Sports Utility Vehicle
• Others  

Breakup by Vendor Type:

• Unorganized  

Breakup by Fuel Type:

Breakup by Sales Channel:

• Offline  

Breakup by Region:

• North India
• West and Central India
• South India
• East India  

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Big Boy Toyz Ltd, BMW India Private Limited (Bayerische Motoren Werke AG), Cars24, CarTrade.com, Honda Cars India Limited (Honda Motor Co. Ltd.), Mahindra First Choice Wheels (Mahindra & Mahindra Limited), Maruti Suzuki India Limited (Suzuki Motor Corporation), OLX (OLX Group), Quikr India Private Limited, Spinny (Valuedrive Technologies Private Limited) and Toyota Kirloskar Motor Private Limited (Toyota Motor Corporation).

Report Coverage:

Key questions answered in this report.

The India used car market was valued at US$ 31.6 Billion in 2023.

We expect the India used car market to exhibit a CAGR of 12.78% during 2024-2032.

The increasing demand for used cars as they assist in minimizing the depreciation of the vehicle and improving cost-effectiveness, is primarily driving the India used car market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across the nation resulting in temporary halt in the refurbishment activities and sales of the used cars, thereby negatively impacting the regional market growth.

Based on the vehicle type, the India used car market has been segmented into hatchbacks, sedan, sports utility vehicle, and others, where hatchbacks hold the majority of the total market share.

Based on the vendor type, the India used car market can be bifurcated into organized and unorganized. Currently, unorganized exhibits a clear dominance in the market.

Based on the fuel type, the India used car market has been divided into gasoline, diesel, and others. Among these, gasoline accounts for the largest market share.

Based on the sales channel, the India used car market can be segregated into online and offline. Currently, offline exhibits a clear dominance in the market.

On a regional level, the market has been classified into North India, West and Central India, South India, and East India.

Some of the major players in the India used car market include Big Boy Toyz Ltd, BMW India Private Limited (Bayerische Motoren Werke AG), Cars24, CarTrade.com, Honda Cars India Limited (Honda Motor Co. Ltd.), Mahindra First Choice Wheels (Mahindra & Mahindra Limited), Maruti Suzuki India Limited (Suzuki Motor Corporation), OLX (OLX Group), Quikr India Private Limited, Spinny (Valuedrive Technologies Private Limited), and Toyota Kirloskar Motor Private Limited (Toyota Motor Corporation).

India Dairy Market Report Snapshots Source:

Statistics for the 2022 India Dairy market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. 

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• --> India Dairy Market Share Source
• India Dairy Market Trends Source
• India Dairy Companies Source

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Is KIA Seltos, a value for money car? Recently saw an accident video where the car was broken into 2 pieces. I have already booked the car after seeing all the good reviews. Please let us if I can still go on with the decision.

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How much does the Audi R8 cost in India?

The Audi R8 is no longer on sale in India. You can look for one in the used car market.