Japan Used Truck Market Overview
Market Statistics
Base Year: 2024
Historical Years: 2019-2024
Forecast Years: 2025-2033
Market Size in 2024: USD 1.3 Billion
Market Forecast in 2033: USD 1.9 Billion
Market Growth Rate: 3.7%(2025-2033)
According to the latest report by IMARC Group, In 2024, the Japan used truck market size reached USD 1.3 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 1.9 Billion by 2033, exhibiting a growth rate (CAGR) of 3.7% during 2025-2033.
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Japan Used Truck Industry Trends and Drivers:
The Japanese used truck industry is observing a gradual change due to external financial conditions, increased logistic requirement, and altering tastes of small and mid-sized firms. The focus is also on cost effectiveness and functionality of business operations thus driving a number of businesses to procure second hand trucks instead of making new ones. Such a tendency is particularly strong in the industries of construction, agriculture, and logistics, where transportation is a vital reliable feature, yet the budget can be limited. Japanese trucks are also preferred in terms of durability and high level of technology manufacturing and they are among the sought after products not only in the used vehicle category in Japan but also in export markets. Additionally, there is another added advantage that comes as a result of having strict maintenance policies in the country which means that that used trucks are always in excellent condition thus raising the confidence of the buyer.
Moreover, the use of digital networks and dedicated deal designers has made the used truck market more accessible and transparent, thus giving users the opportunity to effectively compare between models, pricing, and functionality. Car purchase has also become more safe and hassle free with availability of vehicle history reports, inspection certification, etc. and various financing options to buy a car. With the environmental regulations becoming stricter and businesses exploring lifetime cost-efficient with less emission transport mode, the subsequent interest in fuel-economical and low emission-trucks is prevailing even in the used trucks segment. This move is slowly taking the market towards cleaner diesel versions and used hybrid trucks. All in all, the Japan used truck market is changing to support the local and global demands of trucks and this depends on the technologies and transportation nature that keeps shifting.
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Japan Used Truck Industry Segmentation:
The market report offers a comprehensive analysis of the segments, highlighting those with the Japan Used Truck Market share. It includes forecasts for the period 2025-2033 and historical data from 2019-2024 for the following segments.
The report has segmented the market into the following categories:
Vehicle Type Insights:
- Light Trucks
- Medium-duty Trucks
- Heavy-duty Trucks
Sales Channel Insights:
- Franchised Dealer
- Independent Dealer
- Peer-to-Peer
End User Insights:
- Construction
- Oil and Gas
- Others
Regional Insights:
- Kanto Region
- Kinki Region
- Central/Chubu Region
- Kyushu-Okinawa Region
- Tohoku Region
- Chugoku Region
- Hokkaido Region
- Shikoku Region
Competitive Landscape:
The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant. Additionally, the report features detailed profiles of all major companies in the Japan Used Truck industry.
Key highlights of the Report:
- Market Performance (2019-2024)
- Market Outlook (2025-2033)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Strategic Recommendations
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
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IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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