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:
Contemplating export performance has very recently taken place by the Europe used truck market. The upsurge count on the ever-increasing demand in various sectors for such logistics that is economical. As far as other expansion lines were concerned, e-commerce had kept area businesses searching for alternatives as economically flexible in maintaining and overhauling fleets. Bridging the gap between expensive new vehicles and less expensive options is the practical solution used trucks provide for businesses to improve operations without high expenditures. Indeed, the increasing demand for fast and efficient transportation and rising needs for various goods and services have supported even more the market for used trucks. And with the active development of infrastructures throughout Europe, demand for pre-owned trucks will rise in industries such as construction and agriculture. These industries are investing very actively into reliable used trucks in order to cover operation demands because they need high performance without investing too much to increase productivity.
Cheap-fare logistics solutions, on the other hand, lend even more encourageable inclination towards purchasing used trucks, but most of all, emissions and fleet modernization regulations available have increased reliance on importation of used trucks today by several companies. European regulation promotes that emissions should be reduced and incited for adopting a greener solution on the part of most companies. Due to these, businesses have sought used trucks that meet high environmental standards. Another thing to consider is fleet modernization, where firms are moving to purchase pre-owned vehicles to meet their goals as regards sustainability. These things happen mostly in sectors where transportation and logistics are the backbone like the delivery or distribution of goods. Thus, they are now permitted not only by meeting regulated requirements but also minimize operational costs with later accrued savings because of lower costs of acquisition of the lifecycle of ownership and increased profitability boost.
Going forward, the market in Europe for used trucks will continue to expand. The key drivers will be the need for inexpensive, reliable vehicles in the transportation, construction, and agricultural sectors. Sustainability becomes even clearer alongside cost savings in turning to such pre-owned trucks because businesses tend to put more weight on the value of the truck and performance than its investment cost. Adding to this convenience is the establishment of more and better sales channels, both online and through dealerships, making it even easier for businesses to secure the best used trucks in the industry. All these, paired with the increasing penetration of used trucks in industries all over Europe, are making the market well-positioned for future continued growth through 2033.
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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
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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About Us:
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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