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Luxury Cars in South Korea

Luxury Cars in South Korea

Electric cars are at an early stage and thus manufacturers do not consider South Korea a first-tier launch country. For instance, the Tesla X Model is expected to be launched only at the end of 2017 after official launches in other developed markets such as Japan. The infrastructure for electric cars is not sufficient to encourage consumers to choose electric cars. The government is installing charging stations in public areas such as shopping centres, although it is still difficult to find char...

Euromonitor International's Luxury Cars in South Korea report offers a comprehensive guide to the size and shape of the Luxury Cars market at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market and their effects on Luxury Cars retailing along with the development of consumers’ shopping patterns. Forecasts to 2022 illustrate how the market is set to change

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

  • Get a detailed picture of the Luxury Cars market;
  • Pinpoint growth sectors and identify factors driving change;
  • Understand the competitive environment, the market’s major players and leading brands;
  • Use five-year forecasts to assess how the market is predicted to develop.
Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.


LUXURY CARS IN SOUTH KOREA
Euromonitor International
February 2018
LIST OF CONTENTS AND TABLES
Headlines
Prospects
Electric Cars Remain Underdeveloped But See Noticeable Progress
Government Plans To Increase Charging Stations
Consumers Consider Many Factors When Choosing Luxury Cars
Competitive Landscape
International Manufacturers Retain Their High Pricing and Limited Retailing Strategy
Consumers Stick With Popular Models
Growth Driven by Young Consumers
Category Data
Table 1 Sales of Luxury Cars: Value 2012-2017
Table 2 Sales of Luxury Cars: % Value Growth 2012-2017
Table 3 NBO Company Shares of Luxury Cars: % Value 2012-2016
Table 4 LBN Brand Shares of Luxury Cars: % Value 2013-2016
Table 5 Forecast Sales of Luxury Cars: Value 2017-2022
Table 6 Forecast Sales of Luxury Cars: % Value Growth 2017-2022
Executive Summary
Luxury Goods Records Growth, Attracting Further Interest From Manufacturers
Expanding Consumer Base Drives Growth of Luxury Goods
Luxury Car Manufacturers Dominate Luxury Goods
Mixed Retailers Remains the Main Retailing Channel in Luxury Goods, While Internet Retailing Is Developing
Potential for Growth of Luxury Goods in the Forecast Period
Market Indicators
Table 7 Number of High Net Worth Individuals (HNWI): 2012-2017
Market Data
Table 8 Sales of Luxury Goods by Category: Value 2012-2017
Table 9 Sales of Luxury Goods by Category: % Value Growth 2012-2017
Table 10 Inbound Receipts for Luxury Goods by Country of Origin: Value 2013-2017
Table 11 NBO Company Shares of Luxury Goods: % Value 2012-2016
Table 12 LBN Brand Shares of Luxury Goods: % Value 2013-2016
Table 13 Distribution of Luxury Goods by Format and Category: % Value 2017
Table 14 Forecast Sales of Luxury Goods by Category: Value 2017-2022
Table 15 Forecast Sales of Luxury Goods by Category: % Value Growth 2017-2022
Sources
Summary 1 Research Sources

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