Market Research Report New Car Sales in Egypt,Used Car Sales in Egypt,Car | Page 8

July 2017
Egypt Car Finance Market Outlook to 2021
Executive Summary
Car Finance Market Outlook to 2021 -Ken Research
Ken Research Latest Report on “Egypt Car Finance Market Outlook to 2021 –
Stringent to Introduce Innovative Measures to Determine the Credit Worthiness”
which provides an extensive analysis of car finance market in Egypt. The report
covers market size on the basis of credit disbursed, number of cars financed and new
and used car penetration, segmentation on the basis of new and used car finance,
tenure of loan for new car and used car and number of new cars financed in each
region. The report also includes the rules and regulations implied by the government
on the banks in lending a car loan, competitive landscape and company profiles for
major players in the car finance market. The report provides detailed overview on
the general features of car loan in the country and future outlook & projections with
future strategies of the players in the market.
The report facilitate the readers with the in-depth analysis of the existing and future
trends and issues that impacts the industry and has anticipated growth in the future
depending upon changing industry dynamics in coming years. The report is useful
for prospective borrowers, car dealers, banks, non-bank financing companies and
other stakeholders to plan their market centric strategies in accordance with the
ongoing and expected trends in the future.
Industry Overview
The market has displayed a steady growth trend until 2015 during the review
period, 2011-2016 at a CAGR of ~%. In 2016, there had been a fall in the credit
d isbursed for passenger and commercial cars as a result of the falling demand for
cars in the country. The growth exhibited by the market during the initial five years
of the review period was supported by factors such as increasing demand for new
and used cars, larger supply of used cars, increased demand for commercial cars and
other related factors. Fall in the credit disbursement observed during 2016 was
resulted out of the increased new car prices, reduced supply of used cars, rising fuel
prices, tightened CBE regulations and other such factors.
Egypt Car Finance Market Segmentation
Egypt car finance market is segmented by new and used car finance, by tenure of
loan for new and used car, by finance source and by region.
On the basis of credit disbursed the new car dominates the market with a share of
~% in 2016 followed by used cars.
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