
Premium and Luxury Cars in the Philippines
Description
Premium and Luxury Cars in the Philippines
Following the significant declines in sales of premium and luxury cars in the Philippines in 2020 in line with pandemic-induced restrictions such as enforced closures of dealerships, some easing of various measures in 2021 resulted in a more positive performance for the category, although overall demand remained well below pre-pandemic levels. While volume and value sales figures are still struggling to fully recover in 2022, a second consecutive year of double-digit growth is bringing overall d...
Euromonitor International's Premium and Luxury Cars in Philippines 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 2026 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.
Following the significant declines in sales of premium and luxury cars in the Philippines in 2020 in line with pandemic-induced restrictions such as enforced closures of dealerships, some easing of various measures in 2021 resulted in a more positive performance for the category, although overall demand remained well below pre-pandemic levels. While volume and value sales figures are still struggling to fully recover in 2022, a second consecutive year of double-digit growth is bringing overall d...
Euromonitor International's Premium and Luxury Cars in Philippines 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 2026 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
16 Pages
- Premium and Luxury Cars in the Philippines
- Euromonitor International
- August 2022
- List Of Contents And Tables
- PREMIUM AND LUXURY CARS IN THE PHILIPPINES
- KEY DATA FINDINGS
- 2022 DEVELOPMENTS
- Normalisation and back-to-work activities support growth of premium and luxury cars
- Manufacturers provide support for higher-end vehicles
- Growing demand for electric vehicles
- PROSPECTS AND OPPORTUNITIES
- Greater incentives by government to help spur growth
- Continuing focus on personalisation
- Growth of ultra-high-net-worth individuals to support demand for premium and luxury cars but discounts will prevail
- CATEGORY DATA
- Table 1 Sales of Premium and Luxury Cars: Value 2017-2022
- Table 2 Sales of Premium and Luxury Cars: % Value Growth 2017-2022
- Table 3 NBO Company Shares of Premium and Luxury Cars: % Value 2017-2021
- Table 4 LBN Brand Shares of Premium and Luxury Cars: % Value 2018-2021
- Table 5 Forecast Sales of Premium and Luxury Cars: Value 2022-2027
- Table 6 Forecast Sales of Premium and Luxury Cars: % Value Growth 2022-2027
- LUXURY GOODS IN THE PHILIPPINES
- EXECUTIVE SUMMARY
- Luxury goods in 2022: The big picture
- 2022 key trends
- Competitive landscape
- Retailing developments
- What next for luxury goods?
- MARKET DATA
- Table 7 Sales of Luxury Goods by Category: Value 2017-2022
- Table 8 Sales of Luxury Goods by Category: % Value Growth 2017-2022
- Table 9 Inbound Receipts for Luxury Goods by Country of Origin: Value 2017-2022
- Table 10 NBO Company Shares of Luxury Goods: % Value 2017-2021
- Table 11 LBN Brand Shares of Luxury Goods: % Value 2018-2021
- Table 12 Distribution of Luxury Goods by Format and Category: % Value 2022
- Table 13 Forecast Sales of Luxury Goods by Category: Value 2022-2027
- Table 14 Forecast Sales of Luxury Goods by Category: % Value Growth 2022-2027
- DISCLAIMER
- SOURCES
- Summary 1 Research Sources
Pricing
Currency Rates
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