
Premium and Luxury Cars in Canada
Description
Premium and Luxury Cars in Canada
In 2024, premium and luxury car sales experienced healthy growth despite challenges in the broader car market caused by economic headwinds. Canadian consumers faced a higher cost of living and elevated interest rates, particularly affecting essentials such as housing. This environment exerted pressure on the car market overall, but premium and luxury cars demonstrated resilience, buoyed in part by the continued recovery of travel spending. Since the lifting of pandemic restrictions in October 20...
Euromonitor International's Premium and Luxury Cars in Canada report offers a comprehensive guide to the size and shape of the Premium and 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 Premium and Luxury Cars retailing along with the development of consumers’ shopping patterns. Forecasts to 2028 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 Premium and 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.
Table of Contents
19 Pages
- Premium and Luxury Cars in Canada
- Euromonitor International
- October 2024
- List Of Contents And Tables
- PREMIUM AND LUXURY CARS IN CANADA
- KEY DATA FINDINGS
- 2024 DEVELOPMENTS
- SUVs and crossovers drive premium and luxury car sales despite economic challenges
- SUVs and electric vehicles lead the way for Canadian premium and luxury car buyers
- Luxury brands expand electric vehicle and plug-in hybrid electric vehicle offerings to meet growing consumer demand
- PROSPECTS AND OPPORTUNITIES
- Economic recovery and immigration to bolster premium and luxury car market
- Premium and luxury car buyers prioritise technology and connectivity
- Zero-emission mandates and consumer preferences to accelerate electric vehicle/plug-in hybrid electric vehicle growth
- CATEGORY DATA
- Table 1 Sales of Premium and Luxury Cars: Value 2019-2024
- Table 2 Sales of Premium and Luxury Cars: % Value Growth 2019-2024
- Table 3 NBO Company Shares of Premium and Luxury Cars: % Value 2019-2023
- Table 4 LBN Brand Shares of Premium and Luxury Cars: % Value 2020-2023
- Table 5 Forecast Sales of Premium and Luxury Cars: Value 2024-2029
- Table 6 Forecast Sales of Premium and Luxury Cars: % Value Growth 2024-2029
- LUXURY GOODS IN CANADA
- EXECUTIVE SUMMARY
- Luxury goods in 2024: The big picture
- 2024 key trends
- Competitive landscape
- Retailing developments
- What next for luxury goods?
- MARKET DATA
- Table 7 Sales of Luxury Goods by Category: Value 2019-2024
- Table 8 Sales of Luxury Goods by Category: % Value Growth 2019-2024
- Table 9 Inbound Receipts for Luxury Goods by Country of Origin: Value 2019-2024
- Table 10 NBO Company Shares of Luxury Goods: % Value 2019-2023
- Table 11 LBN Brand Shares of Luxury Goods: % Value 2020-2023
- Table 12 Distribution of Luxury Goods by Format and Category: % Value 2024
- Table 13 Forecast Sales of Luxury Goods by Category: Value 2024-2029
- Table 14 Forecast Sales of Luxury Goods by Category: % Value Growth 2024-2029
- DISCLAIMER
- SOURCES
- Summary 1 Research Sources
Pricing
Currency Rates
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