Highlights
Market definition
in-scope / out-of-scope
Reports special
  • Revenue in the Minivans market segment is projected to reach US$21,641m in 2020.
  • From an international perspective it is shown that most revenue will be generated in China (US$23,386m in 2020).
Show more

The Minivans Market segment includes passenger cars of an average footprint around 4.25m2 (46 ft2) and an average mass around 1600kg (3500lbs), with their roofs extended in the back in order to prioritize their passenger and cargo volume (up to 3.7 m3 or 130 ft3). Some of their distinct features include sliding doors, three rows of seats and a passenger car base.

  • European Car Segment: M (Multi-Purpose Cars – excluding vans)
  • US Car Segment: MPV, Minivan
  • Chinese Car Segment: Multi-Purpose Vehicles
  • Also known as: MPV, Multi-Purpose Cars, People Carrier

Background:
Although different variants of minivans existed ever since the 1930’s, their design changed drastically over the years and until finally settling into the one we know today in the late 1960’s. Many predecessors spin-offed into their own car classes, like camper vans and pick-up trucks, while minivans found their ground in early 1980’s replacing station wagons as the new family cars.
This market segment continued to flourish until the financial crisis of the late 2000s, after which many minivan models started to be reimagined as small SUVs, following new market trends towards Sports Utility Vehicles.

Example Models: Citroën C3 Picasso, Citroën C4 Picasso, Mazda 5, Peugeot 5008, Peugeot 807, Toyota Verso.

in-scope
  • Passenger cars - Minivans
out-of-scope
  • Cargovans and Minibuses
  • Pickup trucks
Minivans Report 2020

Minivans Report 2020

Statista Mobility Market Outlook - Segment Report
Download
Vehicle Sales by make (2020)
-9.2% yoy
809.4t
Revenue by make (2020)
-10.1% yoy
US$21,641m

Vehicle Sales by make

in the Minivans market in thousand vehicles

Reading Support Minivans unit sales are expected to reach 639.7t in 2023.

PNGXLS
Info

Vehicle Sales:

The box shows vehicle sales of the selection (market segment, region, make) for each year.

A definition and detailed explanation of the displayed markets can be found here.
×

Fuel or Drive-Type Share

in the Minivans market in percent

Reading Support Diesel cars accounted for 58.37% of sales in 2018.

PNGXLS
Info

Fuel/Drive-Type Share:

The “Fuel/Drive-Type Share” box shows the historical development of propulsion technology of the selected market (market segment, make, region) for each year.

A definition and detailed explanation of the displayed markets can be found here.
×

Analyst Opinion

The role of Minivans as multipurpose vehicles specialized in people transport is slowly being usurped by large SUVs which offer an additional row of seats in the back. The market is still performing strongly in Asian markets, where many local companies are investing in electric MPVs. However, we expect a slow decline in the market as new shared mobility services become available. 

World Map

Revenue by make

in the Minivans market in million US$

Reading Support Revenue in the Minivans market segment is expected to reach US$21,641m in 2020.

PNGXLS
Info

Revenue:

The box shows the forecasted revenue development of the selection (market segment, region, make).

A definition and detailed explanation of the displayed markets can be found here.
×

Average Price

in the Minivans market in US$

Reading Support The volume weighted average price of Minivans in 2020 is expected to amount to US$26,737.

PNGXLS
Info

Price per Unit:

The ""Price per Unit"" box shows the volume weighted average price per car in the selected market (market segment, region, make) for each year.

A definition and detailed explanation of the displayed markets can be found here.
×

Global Comparison - Revenue

in the Minivans market in million US$

Reading Support With a projected market volume of US$23,386m in 2020, most revenue will be generated in China.

PNGXLS
Top 5
1. China
2. United States
3. Japan
4. India
5. Germany
Info

Global Comparison – Revenue:

The “Revenue” tab shows a comparison of revenues for the leading economies in the selected market (market segment, region) and year.

A definition and detailed explanation of the displayed markets can be found here.
×
XLS Download

Key Market Indicators

The following Key Market Indicators give an overview of the social and economic outlook of the selected region and provide additional insights into relevant market-specific developments. These indicators, together with data from statistical offices, trade associations and companies serve as the foundation for the Statista market models.

2014201520162017201820192020202120222023 CAGR
(2014-2023)
Population in m
Number of individuals (all ages) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices
0-14 years in m
Number of individuals (age 0-14) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices
15-24 years in m
Number of individuals (age 15-24) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices
25-34 years in m
Number of individuals (age 25-34) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices
35-44 years in m
Number of individuals (age 35-44) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices
45-54 years in m
Number of individuals (age 45-54) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices
55+ years in m
Number of individuals (age 55 and older) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices
Consumer spending, per capita (current prices)
Average consumer spending per capita of private households in the selected region (in current prices, constant exchange rate) | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices
Transport
Consumer spending per capita for transport (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate). This group inlcudes the purchase of vehicles, maintenenace of vehicles as well as transportation services. | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices
Consumer price index (CPI)
Consumer price index (CPI) for a weighted basket of goods and services. The weights of the components vary by country according to local consumption patterns. The base year (100) has been set to 2017 for all countries, the base year of the input data may vary. | Source: Statista, based on IMF WEOD
Price level (U.S.=100)
Estimated price level index for all goods and services for individual private consumption (U.S.=100). Data has been extrapolated from the last iteration of the World Bank's International Comparison Program (ICP) using inflation data (GDP deflator). The indicator is valued at the current exchange rate of the respective year versus the US$. Numbers above 100 signal that prices are on average higher in this region than in the U.S., numbers below would mean prices in this region are on average lower than in the U.S. | Source: Statista, based on World Bank, IMF, Eurostat and national statistical offices
Transport
Estimated price level index for transport (U.S.=100). This group inlcudes the purchase of vehicles, maintenenace of vehicles as well as transportation services. Data has been extrapolated from the last iteration of the World Bank's International Comparison Program (ICP) using inflation and exchange rate data . The indicator is valued at the current exchange rate of the respective year versus the US$. | Source: Statista, based on World Bank, IMF, Eurostat and national statistical offices
Recreation, culture
Estimated price level index for recreation and culture (U.S.=100). Data has been extrapolated from the last iteration of the World Bank's International Comparison Program (ICP) using inflation and exchange rate data . The indicator is valued at the current exchange rate of the respective year versus the US$. | Source: Statista, based on World Bank, IMF, Eurostat and national statistical offices
Mobility
Click arrow to expand
Passenger km (road) in pkm
Total movement of passengers on roads using inland transport on a given network. Data are expressed in passenger-kilometres per-capita, which represents the transport of each one passenger on a distance of one kilometre. | Source: Statista, based on OECD
Passenger km (rail) in pkm
Total movement of passengers by rail using inland transport on a given network, data are expressed in passenger-kilometres per capita, which represents the transport of each one passenger on a distance of one kilometre | Source: Statista, based on OECD
Air passengers in m
Number of passengers carried by air transport in the selected region | Source: Statista, based on ICAO, World Bank
International trade
Click arrow to expand
Trade (% of GDP) in %
Sum of exports and imports of goods and services in relation to total gross domestic product (GDP) | Source: Statista, based on World Bank, OECD
Households in m
The indicator shows the total number of private households in the selected region. Households denote residential communties of people living and keeping house together. Business facilities as well as institutional housholds (like unversity dormitories or retire homes) are not counted as households. | Source: Statista, based on national and international statistical offices
Urban population share in %
Estimated share of the total population in the selected region living in urban areas | Source: Statista, based on UN DESA and national statistical offices
GDP, per capita (current prices)
Gross domestic product (in current prices, constant exchange rate) of the selected region per capita | Source: Statista, based on IMF, World Bank, European Commission, OECD, ADB
Source: Statista, November 2020
Source: Statista, November 2020, based on IMF, World Bank, UN and Eurostat

Methodology

We collect over 32 million data points from various sources, including but not limited to company reports and websites, vehicle registries, car dealers, and environment agencies. The data is modelled and forecasted using machine learning techniques in combination with the experience and knowledge of a team of international analysts, in order to produce the best market estimates and predictions. 

World Map

Recommended studies & reports

Tailored to your search demands

For the Minivans market, our analysts create reports with detailed comparisons and important background information. Get an overview of trends and key players and consult comparisons of the focus regions USA, China, and Europe.

  • All the important data on the Minivans market, including market size and forecasts
  • Comparison of key regions and countries
  • Detailed information about manufacturers