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Premium and Luxury Cars in South Korea

Publisher Euromonitor International
Published Oct 21, 2025
Length 21 Pages
SKU # EP20503446

Description

In 2025, premium and luxury cars in South Korea witnessed significant growth, with a 9% increase in retail value sales, reaching KRW24.8 trillion. A notable shift towards sustainability was observed in this category, driven by a substantial rise in the adoption of electric and hybrid vehicles. The expansion of the charging infrastructure and government incentives played a crucial role in encouraging consumers to opt for environmentally friendly mobility solutions. Although EV sales penetration i...

Euromonitor International's Premium and Luxury Cars in South Korea 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

21 Pages
Premium and Luxury Cars in South Korea
Euromonitor International
October 2025
List Of Contents And Tables
PREMIUM AND LUXURY CARS IN SOUTH KOREA
KEY DATA FINDINGS
2025 DEVELOPMENTS
Premium and luxury cars sees growth due to sustainable options and experiences
Growing demand for premium and luxury cars driven not just by comfort, but by technological advancements
Luxury car brands drive innovation with eco-friendly models
PROSPECTS AND OPPORTUNITIES
Growing demand expected for premium and luxury cars as they convey status and wealth
Luxury car manufacturers will prioritise advanced technology and sustainability
Luxury manufacturers set to launch electric vehicles with advanced 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 SOUTH KOREA
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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