The share of MPVs by carmaker and by region in 2022
- MPVs (Multi Purpose Vehicle = vehicles with high interior modularity - often one-box) took a less and less significant share on the world market shortly before the 2010s. Their prosperity only lasted about twenty years, between 1989 and 2009, victims of the strong growth of SUVs (Sport Utility Vehicle = hatchback vehicles with high ground clearance).
- In the United States, from 1983, when the Plymouth Voyager was launched, the MPV market grew to reach 1.3 million units per year (i.e. 10% of the market) then this market began to decline at the same time as the SUV market developed at high speed. In 2022, less than 250,000 minivans were sold in the United States. In China, this type of vehicle has existed since the 80s, rather in the form of minibuses. In 2017, it still sold nearly 2 million per year and still nearly 1 million in 2022. It is the country that still buys the most minivans today. In Europe, the MPV market grew between 1996 and 2006, a year in which 2.3 million MPVs were sold, representing a market share of 15%. Then, with strong competition from SUVs, this market collapsed, falling to 1 million sales in 2017 and 210,000 in 2022. In Japan too, the minivan market is declining sharply.
- It is only in India where the MPV market is growing: 1.2 million units in 2022 compared to 1 million in 2017. In total, the global MPV market halted its fall in 2021 and 2022 (to 3 million units per year) thanks to the increase in demand in emerging countries. However, according to Inovev, this market should not grow globally.