Premium and Luxury Cars in Singapore

Premium and Luxury Cars in Singapore

The demand for premium and luxury cars had been previously growing due to the greater desire to display one’s social status and wealth in Singapore, especially with the advent of social media platforms such as Instagram and TikTok. Despite notable declines in 2020, sales of premium and luxury cars were not as significantly impacted by the pandemic as non-luxury cars. In fact, 2022 is set to see retail volume and value sales of premium and luxury cars exceed 2019 levels. Luxury car dealers observ...

Euromonitor International's Premium and Luxury Cars in Singapore 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.


Premium and Luxury Cars in Singapore
Euromonitor International
July 2022
List Of Contents And Tables
PREMIUM AND LUXURY CARS IN SINGAPORE
KEY DATA FINDINGS
2022 DEVELOPMENTS
Strong rebound for premium and luxury cars
Consumers may be pushed to resale market
Complimentary services used to attract consumers
PROSPECTS AND OPPORTUNITIES
New tax systems likely to hinder demand from mid-income consumers
Luxury electric vehicles set to expand in Singapore
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 SINGAPORE
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

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