
Premium and Luxury Cars in China
Description
Premium and Luxury Cars in China
Value sales of premium and luxury cars rose by 4% to total CNY1.7 trillion in 2023, due to demand from higher-income consumers, with expenditure proving resilient in the face of macroeconomic headwinds. Wealth determines the degree of demand that exists for premium and luxury cars, and sales performance is greatly impacted by consumer confidence amongst a niche demographic. The number of wealthy individuals in China has a huge impact on the performance of premium and luxury cars, with 9,000 ultr...
Euromonitor International's Premium and Luxury Cars in China 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 2027 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
20 Pages
- Premium and Luxury Cars in China
- Euromonitor International
- October 2023
- List Of Contents And Tables
- PREMIUM AND LUXURY CARS IN CHINA
- KEY DATA FINDINGS
- 2023 DEVELOPMENTS
- Premium and luxury cars sees positive growth in current retail value sales in 2023
- Number of premium and luxury cars declining
- Premium and luxury cars is led by Tesla Inc in 2022
- PROSPECTS AND OPPORTUNITIES
- Value sales of premium and luxury cars forecast to rise over 2023-2028
- Online sales look set to rise
- Growth in electric cars expected
- CATEGORY DATA
- Table 1 Sales of Premium and Luxury Cars: Value 2018-2023
- Table 2 Sales of Premium and Luxury Cars: % Value Growth 2018-2023
- Table 3 NBO Company Shares of Premium and Luxury Cars: % Value 2018-2022
- Table 4 LBN Brand Shares of Premium and Luxury Cars: % Value 2019-2022
- Table 5 Forecast Sales of Premium and Luxury Cars: Value 2023-2028
- Table 6 Forecast Sales of Premium and Luxury Cars: % Value Growth 2023-2028
- LUXURY GOODS IN CHINA
- EXECUTIVE SUMMARY
- Luxury goods in 2023: The big picture
- 2023 key trends
- Competitive landscape
- Retailing developments
- What next for luxury goods?
- MARKET DATA
- Table 7 Sales of Luxury Goods by Category: Value 2018-2023
- Table 8 Sales of Luxury Goods by Category: % Value Growth 2018-2023
- Table 9 Inbound Receipts for Luxury Goods by Country of Origin: Value 2018-2023
- Table 10 NBO Company Shares of Luxury Goods: % Value 2018-2023
- Table 11 LBN Brand Shares of Luxury Goods: % Value 2019-2023
- Table 12 Distribution of Luxury Goods by Format and Category: % Value 2023
- Table 13 Forecast Sales of Luxury Goods by Category: Value 2023-2028
- Table 14 Forecast Sales of Luxury Goods by Category: % Value Growth 2023-2028
- DISCLAIMER
- SOURCES
- Summary 1 Research Sources
Pricing
Currency Rates
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