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Country Report

Luxury Cars in

Premium and Luxury Cars in Indonesia

Jan 2021

US$990

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Executive Summary

New Report Guarantee

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!

2020 IMPACT

Slowdown in production and sales as the COVID-19 pandemic hits demand

Throughout April and May of 2020, Indonesia imposed its own version of quarantine lockdown called the Large Scale Social Restriction (PSBB) as a core response to the COVID-19 pandemic. This involved regional governments having the authority to stipulate the timeline for exiting from quarantine measures as deemed necessary for the needs of their specific regions.

Adoption of online channel strategies by key players

The large-scale social restrictions (PSBB) that underpinned the quarantine lockdown implemented in Indonesia at the peak of the COVID-19 pandemic forced the closure of all car showrooms and this pushed many car dealers to shift to online channels to retain sales, with premium and luxury car brands no exception. BMW Group for instance closed all of its showrooms and shifted to the online channel, appointing Tokopedia as its official online dealer.

Driven by new product launches, BMW Group led sales during the first half of 2020

According to Indonesia’s Association of Motor Vehicle Dealers (Gaikindo), volume sales of BMW Group, the company behind the BMW and Mini marques in the country, dropped by around one-fifth over the first half of 2020, compared with the same period of 2019. Daimler AG meanwhile experienced a drop of almost on-half over the first half of 2020, in comparison with same period of 2019.

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Overview

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Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.

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Overview

Discover the latest market trends and uncover sources of future market growth for the Luxury Cars industry in Indonesia with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Luxury Cars industry in Indonesia, our research will save you time and money while empowering you to make informed, profitable decisions.

The Luxury Cars in Indonesia market research report includes:

Analysis of key supply-side and demand trends
Detailed segmentation of international and local products
Historic volumes and values, company and brand market shares
Five year forecasts of market trends and market growth
Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

What is the market size of Luxury Cars in Indonesia?
What are the major brands in Indonesia?

Why buy this report?

Gain competitive intelligence about market leaders
Track key industry trends, opportunities and threats
Inform your marketing, brand, strategy and market development, sales and supply functions

This industry report originates from Passport, our

Luxury Goods market research database.

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Premium and Luxury Cars in Indonesia - Category analysis

KEY DATA FINDINGS

2020 IMPACT

Slowdown in production and sales as the COVID-19 pandemic hits demand

Adoption of online channel strategies by key players

Driven by new product launches, BMW Group led sales during the first half of 2020

RECOVERY AND OPPORTUNITIES

Supply and demand constraints expected to recover post-COVID-19

Reformation in tax structure for vehicles to drive the growth of electric/hybrid cars

Opportunities in growing cities outside of capital

CATEGORY DATA

Table 1 Sales of Premium and Luxury Cars: Value 2015-2020
Table 2 Sales of Premium and Luxury Cars: % Value Growth 2015-2020
Table 3 NBO Company Shares of Premium and Luxury Cars: % Value 2015-2019
Table 4 LBN Brand Shares of Premium and Luxury Cars: % Value 2016-2019
Table 5 Forecast Sales of Premium and Luxury Cars: Value 2020-2025
Table 6 Forecast Sales of Premium and Luxury Cars: % Value Growth 2020-2025

Luxury Goods in Indonesia - Industry Overview

EXECUTIVE SUMMARY

COVID-19 impact on luxury goods

COVID-19 country impact

Company response

Retailing shift

What next for luxury goods?

MARKET INDICATORS

Table 7 Number of High Net Worth Individuals (HNWI): 2015-2020

MARKET DATA

Table 8 Sales of Luxury Goods by Category: Value 2015-2020
Table 9 Sales of Luxury Goods by Category: % Value Growth 2015-2020
Table 10 Inbound Receipts for Luxury Goods by Country of Origin: Value 2015-2020
Table 11 NBO Company Shares of Luxury Goods: % Value 2015-2019
Table 12 LBN Brand Shares of Luxury Goods: % Value 2016-2019
Table 13 Distribution of Luxury Goods by Format and Category: % Value 2020
Table 14 Forecast Sales of Luxury Goods by Category: Value 2020-2025
Table 15 Forecast Sales of Luxury Goods by Category: % Value Growth 2020-2025

Megatrends

Country Report

Premium and Luxury Cars in Indonesia

New Report Guarantee

Executive Summary

New Report Guarantee

2020 IMPACT

Slowdown in production and sales as the COVID-19 pandemic hits demand

Adoption of online channel strategies by key players

Driven by new product launches, BMW Group led sales during the first half of 2020

Overview

Why buy this report?

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Overview

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Table of Contents

Premium and Luxury Cars in Indonesia - Category analysis

KEY DATA FINDINGS

2020 IMPACT

Slowdown in production and sales as the COVID-19 pandemic hits demand

Adoption of online channel strategies by key players

Driven by new product launches, BMW Group led sales during the first half of 2020

RECOVERY AND OPPORTUNITIES

Supply and demand constraints expected to recover post-COVID-19

Reformation in tax structure for vehicles to drive the growth of electric/hybrid cars

Opportunities in growing cities outside of capital

CATEGORY DATA

Luxury Goods in Indonesia - Industry Overview

EXECUTIVE SUMMARY

COVID-19 impact on luxury goods

COVID-19 country impact

Company response

Retailing shift

What next for luxury goods?

MARKET INDICATORS

MARKET DATA

DISCLAIMER

GLOBAL MACROECONOMIC ENVIRONMENT

GLOBAL INDUSTRY ENVIRONMENT

SOURCES

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