According to the latest industry analysis, the GCC Passenger Car Market was valued at USD 27.14 billion in 2024 and is projected to reach USD 46.62 billion by 2030, expanding at a CAGR of 9.53% during the forecast period. The market is experiencing strong growth across the Gulf Cooperation Council countries, driven by rising disposable incomes, rapid urbanization, infrastructure...

The GCC passenger car market has emerged as one of the most dynamic and rapidly evolving automotive sectors globally. Valued at USD 27.14 billion in 2024, the market is projected to reach USD 46.62 billion by 2030, growing at a robust CAGR of 9.53% during the forecast period. This impressive growth trajectory reflects a combination of strong economic fundamentals, evolving consumer preferences,...