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Premium and Luxury Cars in South Africa

Publisher Euromonitor International
Published Oct 30, 2024
Length 17 Pages
SKU # EP19303405

Description

Premium and Luxury Cars in South Africa


Premium and luxury cars continued to see strong growth in current value and retail volume terms in South Africa in 2024. A more stable rate of inflation in the country, alongside the growing number of affluent consumers has helped to sustain a healthy demand for premium and luxury cars. Demand for premium and luxury cars is contingent on wealth and sales are heavily dependent on prevailing consumer confidence amongst a niche demographic of wealthy individuals. In terms of the domestic consumer b...

Euromonitor International's Premium and Luxury Cars in South Africa 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

17 Pages
Premium and Luxury Cars in South Africa
Euromonitor International
October 2024
List Of Contents And Tables
PREMIUM AND LUXURY CARS IN SOUTH AFRICA
KEY DATA FINDINGS
2024 DEVELOPMENTS
Rising affluence and more stable inflation boosts demand for premium and luxury cars
BMW retains a healthy lead in 2023 as electric and hybrid vehicles attract growing interest
Consumers have more opportunities to personalise their car through the use of digital technology
PROSPECTS AND OPPORTUNITIES
Electric and hybrid vehicles set to play a prominent role in the future of premium and luxury cars in South Africa
AI expected to bring new features to some models
Car manufacturers under pressure to make more ethical and responsible choices
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 SOUTH AFRICA
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

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