Minivans Market Is Likely To Up Demand At USD 122.7 Billion By 2028
San Francisco, 1 Aug 2022: The Report Minivans Market Size, Share & Trends Analysis Report By Fuel Type (Diesel, Petrol, Electric), By Region, And Segment Forecasts, 2022 - 2028 The global minivans market size is estimated to reach USD 122.7 billion by 2028 and is expected to grow at a CAGR of 2.9% from 2022 to 2028, according to a new report by Grand View Research, Inc. The global market is propelled by the increasing affordability of passenger vehicles, heightened product launches, and increasing disposable income of consumers. Furthermore, changing perception of the consumers regarding minivans to luxury vehicles also driving the market growth. Manufacturers are launching new models with improved features and aesthetics that attract more consumers and is fueling the market growth. New features include connected dashboards, reclining seats, a high roof, a spacious cabin, specially designed platforms, etc. Consumer preference is shifting from traditional passenger cars such as