According to TechSci Research report, “Africa Used Truck Market By Application, By Tonnage Capacity, By Fuel Type, By Country, Competition Forecast & Opportunities, 2013 – 2023”, Africa used truck market is projected to cross $ 4 billion, by 2023. Growing truck prices across the region, volatile economic scenario coupled with changing consumer preference towards used trucks are few of the key factors propelling demand for used trucks across the African region. Additionally, currency fluctuations in several countries are driving the prices of new trucks, which in turn, is buoying demand for used trucks. Growing acceptance of used trucks among consumers as well as rising quality of used imported trucks, is further expected to compliment the region’s used truck market over the next five years.

 

Browse 73 Figures and 6 Tables spread through 121 Pages and an in-depth TOC on "Africa Used Truck Market" https://www.techsciresearch.com/report/africa-used-truck-market/2591.html

With a volume share of over 60% in 2017, used trucks above 16 tons dominated the Africa used truck market, followed by the 7.5 - 16 ton and 3.5 - 7.5 ton segments. The dominance of above 16 tons is majorly led by growing requirement for these used trucks logistics purposes. The demand for above 16 tons used trucks is expected to surge at a brisk pace during the forecast period as well. Over the course of next five years, the used truck market is expected to be largely concentrated in South Africa, Egypt and Nigeria owing to the comparatively larger and growing economies of these countries.

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“With booming e-commerce industry, demand for used trucks is also likely to increase, across Africa. Furthermore, increasing demand for efficient supply chain to transport goods across the region is expected to continue boosting demand for used trucks. In addition, growing preference for used truck running on alternate fuel, keeping in view the rising pollution levels, would positively influence the Africa used truck market in the coming years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Africa Used Truck Market By Application, By Tonnage Capacity, By Fuel Type, By Country, Competition Forecast & Opportunities, 2013 – 2023” has analyzed the potential of used truck market across the African continent, and provides statistics and information on market sizes, shares and trends. The report will suffice in providing the intending clients with cutting-edge market intelligence and help them in taking sound investment decisions. Besides, the report also identifies and analyzes emerging trends along with essential drivers and key challenges faced by Africa used truck market.

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