Saudi Arabia Used Truck Market Overview
Market Size in 2025: USD 446.5 Million
Market Forecast in 2034: USD 619.4 Million
Market Growth Rate 2026-2034: 3.71%
According to IMARC Group's latest research publication, "Saudi Arabia Used Truck Market Report by Vehicle Type (Light Trucks, Medium-Duty Trucks, Heavy-Duty Trucks), Sales Channel (Franchised Dealer, Independent Dealer, Peer-to-Peer), End User (Construction, Oil and Gas, and Others), and Region 2026-2034", the Saudi Arabia used truck market size reached USD 446.5 Million in 2025. Looking forward, IMARC Group expects the market to reach USD 619.4 Million by 2034, exhibiting a growth rate (CAGR) of 3.71% during 2026-2034.
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How AI is Reshaping the Future of Saudi Arabia Used Truck Market
Saudi Arabia Used Truck Market Trends & Drivers:
Saudi Arabia's used truck market is firing on all cylinders thanks to Vision 2030's mega construction projects like NEOM and Qiddiya, part of over $2.9 trillion in developments that need fleets of reliable haulers for materials and logistics. Used trucks, priced 30-50% below new ones, are a no-brainer for small contractors, with Almajdouie Group reporting a 20% sales jump to meet this demand. The Saudi Transport General Authority's new inspection rules ensure these rigs are road-ready, boosting buyer trust. Real-world wins show up in urban builds where SMEs haul cement and steel without the new-truck premium, keeping projects humming.
E-commerce and logistics explosions are fueling used truck buys, as platforms handled over 50 million parcels in one quarter alone, pushing firms like Zajil Express to grow fleets by 15% with affordable pre-owned options. Valued at $136 billion, the sector thrives on last-mile needs, where medium-duty trucks shine for quick deliveries. Government tax breaks for logistics outfits make it easier for the kingdom's 450,000 SMEs to grab these cost-savers. On the streets, it's everyday drivers zipping packages to doorsteps, turning online orders into a steady truck demand stream.
Sustainability pushes and smart financing are hot trends reshaping the scene, with Euro 5 emissions rules flooding the market with upgraded used trucks featuring telematics and better fuel efficiency. The Saudi Industrial Development Fund rolled out $200 million in low-rate loans for SMEs to modernize fleets, while Haraj's AI-powered platform matches buyers with certified rigs, spiking sales 10% via CPO programs. Hybrid models from dealers like Arabian Auto Agency align with green goals, helping oil & gas and construction outfits cut costs and emissions in real operations.
Saudi Arabia Used Truck Industry Segmentation:
The report has segmented the market into the following categories:
Vehicle Type Insights:
Sales Channel Insights:
End User Insights:
Regional Insights:
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Recent News and Developments in Saudi Arabia Used Truck Market
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