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Global Briefing

Demographic and Consumer Lifestyle Trends Drive Right-Sizing in the UK Car Market

Price: US$2,000

About this Report

About this Report

Households with only one or two occupants continue to proliferate across the UK. Small car segments accounted for less than 30% of the UK passenger car market until 1999 but now hover around the 40% mark. Is this simply coincidence or is there a right-sizing trend in the market that is glacial in nature – slow but unstoppable? Euromonitor International reviews the right-sizing trend in the UK car market in light of changing demographic, consumer expenditure and consumer lifestyle patterns.

What this report includes

  • Up-to-the minute analysis of the latest trends in the industry
  • New product development, forecasts and other themes
  • Unique graphics and illustrated case studies
  • Most recent brand and company news
  • New insight into the size and shape of the market

Why buy this report

  • Clear, concise powerpoint format makes it easy to digest
  • Leading industry opinion keeps you abreast of latest news and trends
  • Forward-looking outlook on a category, market or issue affecting the industry
  • Latest five year forecasts assess how the market is predicted to develop
  • Understand the competitive environment, the leading players and brands

Table of Contents

Table of Contents

Introduction

Scope

Key findings

Introduction to the UK Car Market

Car sales reflect strength and weakness of the UK economy

Employed population is climbing again but not into cars…

Household incomes underpin new car demand

Segmentation throughout the boom and bust cycle

Down-sizing aka right-sizing

Demographics

The positive impact of urbanisation

Migration drives growth in cities and among the younger population

Ageing of the UK population

More working women…

… as they marry and have children later

Female independence creates single-person households

Demographic trends support right-sizing of the car market

Consumer Expenditure

Air travel takes off but is grounded in times of recession

Tourist expenditure heading abroad

Car rental suffers despite “staycationing” and falling car sales

Consumer expenditure on housing outpaces transport

Falling house prices trim excess and support right-sizing

Attitudes to debt and education lending limit autos lending

Consumer Lifestyles

The taste of home cooking … and takeaways

Internet retailing grows at the expense of store-based retailing

Consumers opt for convenience and smaller items

Case Review and Outcome

The evidence is overwhelmingly in favour of right-sizing

The outcome

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