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Luxury Cars

Euromonitor International publishes the world's most comprehensive market research on the luxury cars industry. Our reports feature a wealth of standardised and cross-comparable statistics including total market sizes, market share and share data, distribution and industry trends and sub-category level information. 

Country Report

Country Report

Premium and Luxury Cars in France

Jan 2020

With a 3% increase in passenger car registrations in 2018, the French car market is in good health, as reported by the French Automobile Manufacturers Committee. However, this is a contrast compared with the significant 6% decline seen in sales of ...

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Country Report

Country Report

Premium and Luxury Cars in Malaysia

Jan 2020

The growing number of environmentally-conscious consumers in Malaysia is boosting demand for green luxury cars like plug-in hybrid electric vehicles. In response, BMW recently launched its plug-in hybrid BMW 530e Sport, which features eDrive ...

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Country Report

Country Report

Premium and Luxury Cars in Argentina

Jan 2020

The complex and rather unfavourable economic situation that prevailed in Argentina towards the end of the review period remained a major drag on sales of new luxury cars in the country during 2019. The most obvious reason for the waning interest in ...

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Country Report

Country Report

Premium and Luxury Cars in Indonesia

Jan 2020

The government announced in 2019 that it will be decreasing the luxury tax on some types of premium and luxury cars. Under the new scheme vehicles will no longer be taxed based on their engine capacity but rather on their fuel consumption and carbon ...

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Country Report

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Premium and Luxury Cars in South Korea

Jan 2020

Small four-door vehicles and small SUVs are popular luxury car formats in South Korea, especially among younger consumers and families with children. The strong car frame is the most appealing point for consumers who choose small SUVs, and ...

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Premium and Luxury Cars in Japan

Jan 2020

The shift in consumer focus from possessions to experiences has eroded demand for premium and luxury cars in Japan. Owning a luxury car was historically considered a status symbol in Japan, but consumers are increasingly looking to focus their ...

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Country Report

Premium and Luxury Cars in the Netherlands

Jan 2020

Car sales in the Netherlands were recording very positive growth in 2019, with manufacturers and retailers also witnessing strong demand for and interest in more expensive and luxury cars. Average prices are increasing, impacted by higher taxes, but ...

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Country Report

Premium and Luxury Cars in the Philippines

Jan 2020

Luxury cars saw a recovery in 2019, following the significant drop seen the previous year. Sales of luxury cars saw growth due to the decline in the higher excise taxes on automobiles brought about by the Tax Reform for Acceleration and Inclusion ...

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Premium and Luxury Cars in Poland

Jan 2020

While luxury cars in Poland tend to be purchased by increasingly affluent consumers, as it is an obvious statement of status and success, demand for premium cars tends to come from large companies and corporations which purchase them for senior ...

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Premium and Luxury Cars in Turkey

Jan 2020

In 2019, the luxury car landscape saw a considerable decline in retail value growth, having experienced positive and significant growth over the review period. This negative result was the impact of the rise in the exchange rate. As the Turkish lira ...

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Premium and Luxury Cars in Hong Kong, China

Jan 2020

The luxury cars category was less affected by the extended period of civil unrest than other categories within the luxury goods market in 2019, seeing a positive performance in current value terms. Retailers need to react to the disruption in the ...

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Premium and Luxury Cars in Italy

Jan 2020

After several years of strong growth in the early review period, luxury cars saw a decline in 2018, which continued in 2019. Sales were negatively affected by decreasing consumer confidence, linked to greater political and economic uncertainty. This ...

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Country Report

Luxury Cars in the United Arab Emirates

Feb 2019

The recent introduction of a 5% VAT has had a negative impact on demand for big ticket items such as luxury cars, thus impacting demand in 2018. Price competition will remain intense as deals such as good finance options and free aftersales service ...

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Luxury Cars in Taiwan

Feb 2019

Growth in luxury cars was negatively impacted by stagnating wages at the end of the review period. However, modest current value growth is expected over the forecast period, as an expanding, aspirational middle class fuels demand. Sales amongst this ...

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Country Report

Luxury Cars in Romania

Feb 2019

Demand for luxury cars in Romania is on an upwards trajectory. The surging trend points to higher disposable incomes, better lifestyles and consumer aspirations. If traditionally, premium car brand buyers were satisfied with a high-performing, safe, ...

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Luxury Cars in Thailand

Feb 2019

Luxury cars is predicted to continue to perform strongly in the forecast period. Demand is likely to be reinforced by strong inputs from existing brands and dealers. The list of luxury brands available to local consumers is expected to grow. In 2018,...

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Luxury Cars in Spain

Feb 2019

Over the review period Spain went through one of the most difficult economic times in its recent history. This dramatically changed the attitude of Spaniards towards spending. In fact, the happy times Spaniards had experienced came to an end, and the...

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Luxury Cars in South Africa

Feb 2019

Luxury cars registered positive retail value growth in 2018. Luxury cars are still in demand by high net worth individuals given that they are the ultimate status symbol. While most of the population are faced with declining disposable income and ...

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Luxury Cars in Indonesia

Feb 2019

Indonesia’s economy was strong during 2018. Economic growth was influenced by the progressive advancement of industries such as tourism, manufacturing and textiles; however, such steady economic growth was not reflected in sales of luxury cars. On ...

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Luxury Cars in Italy

Feb 2019

Mercedes-Benz, BMW and Audi, which also offer entry-level luxury cars, dominate luxury cars in Italy, together accounting for the vast majority of value sales. Despite the high-end positioning of these brands, their models are regarded as ...

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