There will be robust growth in both volume and retail constant value sales of premium and luxury cars during the forecast period. Electric cars are likely to grow in importance, particularly as government appears anxious to get more of these vehicles on the road.
Volume sales of new premium and luxury vehicles may be adversely affected by the growing popularity of second hand luxury cars. For example, BMW opened a number of BMW Astra Used Cars outlets in Indonesia during the review period.
The major cities on the island of Java, especially Jakarta and Surabaya, have long been the centre of economic activity in Indonesia. Indeed, Java continues to account for more than half of the country’s GDP.
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Understand the latest market trends and future growth opportunities for the Luxury Cars industry in Indonesia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Luxury Cars industry in Indonesia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Passenger car vehicles providing exceptional comfort, aimed at the premium market and at drivers wanting a higher level of performance and handling or a vehicle that gives the impression of being capable of high-speed motoring. These cars are generally designed to appeal to high earning, status led consumers and generally retail at US$75,000 plus Example models include: Aston Martin, Ferrari, Jaguar, Bentley, Porsche, McLaren, Maserati, Rolls-Royce and TeslaSee All of Our Definitions
This report originates from Passport, our Luxury Cars research and analysis database.
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