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Premium and Luxury Cars in Singapore

Published Oct 22, 2025
Length 20 Pages
SKU # EP20503447

Description

In 2025, premium and luxury cars in Singapore continued to experience robust growth, underpinned by evolving consumer preferences and supportive government policies. The local market saw a significant surge in demand for electric and hybrid vehicles, particularly SUVs. This shift towards sustainability was driven by affluent consumers seeking environmentally responsible options without compromising performance and luxury. The current value of premium and luxury cars reached SGD5.5 billion, a 19%...

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 2029 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 Singapore
Euromonitor International
October 2025
List Of Contents And Tables
PREMIUM AND LUXURY CARS IN SINGAPORE
KEY DATA FINDINGS
2025 DEVELOPMENTS
Affluent consumers drive demand for sustainable luxury vehicles
Luxury car buyers increasingly favour electric and hybrid models
Consolidated landscape sees premium and luxury car brands continue to invest in electrification
PROSPECTS AND OPPORTUNITIES
Growing demand for electric and hybrid luxury vehicles to be driven by technology and sustainability
Luxury car brands set to innovate with sustainable tech advancements
Luxury car manufacturers to prioritise advanced technology features
CATEGORY DATA
Table 1 Sales of Premium and Luxury Cars: Value 2020-2025
Table 2 Sales of Premium and Luxury Cars: % Value Growth 2020-2025
Table 3 NBO Company Shares of Premium and Luxury Cars: % Value 2020-2024
Table 4 LBN Brand Shares of Premium and Luxury Cars: % Value 2021-2024
Table 5 Forecast Sales of Premium and Luxury Cars: Value 2025-2030
Table 6 Forecast Sales of Premium and Luxury Cars: % Value Growth 2025-2030
COUNTRY REPORTS DISCLAIMER
LUXURY GOODS IN SINGAPORE
EXECUTIVE SUMMARY
Luxury goods in 2025: The big picture
2025 key trends
Competitive landscape
Retail developments
What next for luxury goods?
MARKET DATA
Table 7 Sales of Luxury Goods by Category: Value 2020-2025
Table 8 Sales of Luxury Goods by Category: % Value Growth 2020-2025
Table 9 Inbound Receipts for Luxury Goods by Country of Origin: Value 2020-2025
Table 10 NBO Company Shares of Luxury Goods: % Value 2020-2024
Table 11 LBN Brand Shares of Luxury Goods: % Value 2021-2024
Table 12 Distribution of Luxury Goods by Format and Category: % Value 2025
Table 13 Forecast Sales of Luxury Goods by Category: Value 2025-2030
Table 14 Forecast Sales of Luxury Goods by Category: % Value Growth 2025-2030
COUNTRY REPORTS DISCLAIMER
SOURCES
Summary 1 Research Sources

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