Europe Used Truck Market Overview
Market Size in 2024: USD 7.9 Billion
Market Forecast in 2033: USD 12.2 Billion
Market Growth Rate: 4.4% (2025-2033)
According to the latest report by IMARC Group, the Europe used truck market size was valued at USD 7.9 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 12.2 Billion by 2033, exhibiting a CAGR of 4.4% from 2025-2033.
Europe Used Truck Industry Trends and Drivers:
As companies in logistics, construction, and agriculture are aggressively stressing operating efficiency and capital optimization, the Europe used truck market is seeing strong momentum. Encouragement for fleet managers to use high-performance pre-owned trucks that satisfy modern standards without the financial load of new vehicle investments comes from the growing need for inexpensive transportation options. As e-commerce grows and last-mile delivery infrastructure develops, used trucks are becoming essential in maintaining regional distribution flexibility and supply chain stability. At the same time, building and infrastructure projects are increasing demand for heavyweight cars suited for varied topography and payload needs. Companies are utilizing the availability of emissions-compliant used trucks of late models to match sustainability targets and sidestep the protracted purchasing cycles connected with new commercial vehicles. This increasing inclination is confirming the importance of the secondary truck sector as a critical component of Europe's changing transportation economy.
Streamlining the used truck sales environment, digital transformation increases openness, accessibility, and buyer confidence all around. Online systems and dealer-integrated digital markets are helping informed decisions by providing thorough comparisons, real-time valuations, and thorough condition reports. Offering warranty coverage, inspection standards, and financing alternatives mirroring those of new vehicle acquisitions, certified pre-owned programs are gaining traction. Furthermore increasing the cross-border trade and auction-based sales are broadening the availability of varied inventory, so assisting customers in obtaining models suited to particular operating needs. Improvements in vehicle diagnostics, telematics, and maintenance tracking are increasing the residual value of used trucks, therefore making them more appealing for companies looking for dependability and cost management. Refurbished diesel and hybrid truck options are coming onto the market as transitional answers that mix environmental accountability with economic practicality as sustainability keeps guiding corporate procurement strategies.
Driven by developed logistics industries and standardized vehicle inspection systems, Germany, France, and the Netherlands are spearheading the Europe used truck market. With incentives linked to fleet modernization, Germany is aggressively pushing for clean transportation and creating a good turnover in the used truck sector. Strong domestic demand for agricultural and construction equipment helps France to highlight lifecycle optimization and vehicle reusability. Encouragement of vehicle repair and aftermarket services in the Netherlands is encouraging innovation and improving resale efficiency. Rising demand from small and medium-sized companies looking for affordable fleet growth is seen in Central and Eastern Europe as well. These local forces are supporting the used vehicle market as a resilient, scalable, and strategically important component of commercial transport in Europe.
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Europe Used Truck Industry Segmentation:
The report has segmented the market into the following categories:
Analysis by Vehicle Type:
- Light Trucks
- Medium-duty trucks
- Heavy-duty Trucks
Analysis by Sales Channel:
- Franchised Dealer
- Independent Dealer
- Peer-to-Peer
Analysis by End User:
- Construction
- Oil and Gas
- Others
Country Analysis:
- Germany
- France
- United Kingdom
- Italy
- Spain
- Others
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Latest News and Developments:
- In April 2024, Scania UK announced the launch of its new sales platform, enabling customers to purchase used vehicles online. Customers will have a wide selection of used vehicles to choose from across the different Scania Go grading bands, including used trucks and cars.
- In September 2024, DAF Trucks, a Europe-based prominent used trucks provider, unveiled advanced innovations in fuel efficiency, safety, and driver comfort for its New Generation XD, XF, XG, and XG+ trucks. The company also showcased its battery-electric trucks, charging stations, and energy storage solutions, emphasizing sustainability leadership.
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
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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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 provide 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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