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Premium and Luxury Cars in Taiwan

  • ID: 5004078
  • Report
  • February 2020
  • Region: Taiwan
  • 5 pages
  • Euromonitor International
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Growth in luxury cars was negatively impacted by stagnating wages at the end of the review period. However, modest current value growth is expected over the coming years, with the expanding population of aspirational middle income consumers fuelling demand. Sales among this group will be encouraged by more competitive pricing, particularly for foreign cars, which are becoming more affordable, partly due to changing currency exchange rates.

The Premium and Luxury Cars in Taiwan 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 2024 illustrate how the market is set to change

Product coverage: Luxury Goods.

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.
Note: Product cover images may vary from those shown
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  • Premium and Luxury Cars in Taiwan
  • February 2020
List of Contents and Tables
  • Headlines
  • Prospects
  • Rising demand for SUVs offsets challenging economic environment
  • Growing focus on aspirational millennials and ultra-wealthy consumers
  • Rising environmental awareness boosting interest in electric vehicles
  • Competitive Landscape
  • Lexus closes gap thanks to affordable prices and reputation for safety
  • Rising environmental concerns fuel interest in electric vehicles
  • Rising demand continues to attract new luxury car players to Taiwan
  • Category Data
  • Table 1 Sales of Premium and Luxury Cars: Value 2014-2019
  • Table 2 Sales of Premium and Luxury Cars: % Value Growth 2014-2019
  • Table 3 NBO Company Shares of Premium and Luxury Cars: % Value 2014-2018
  • Table 4 LBN Brand Shares of Premium and Luxury Cars: % Value 2015-2018
  • Table 5 Forecast Sales of Premium and Luxury Cars: Value 2019-2024
  • Table 6 Forecast Sales of Premium and Luxury Cars: % Value Growth 2019-2024
  • Executive Summary
  • Luxury brands adjust offering in reaction to macroeconomic challenges
  • Falling demand among Chinese tourists impacts sales
  • Leading brands look to update offer while maintaining traditional appeal
  • Consumers continue to opt for traditional shopping experience and service
  • Targeting of younger and aspirational consumers to boost demand
  • Market Indicators
  • Table 7 Number of High Net Worth Individuals (HNWI): 2014-2019
  • Market Data
  • Table 8 Sales of Luxury Goods by Category: Value 2014-2019
  • Table 9 Sales of Luxury Goods by Category: % Value Growth 2014-2019
  • Table 10 Inbound Receipts for Luxury Goods by Country of Origin: Value 2014-2019
  • Table 11 NBO Company Shares of Luxury Goods: % Value 2014-2018
  • Table 12 LBN Brand Shares of Luxury Goods: % Value 2015-2018
  • Table 13 Distribution of Luxury Goods by Format and Category: % Value 2019
  • Table 14 Forecast Sales of Luxury Goods by Category: Value 2019-2024
  • Table 15 Forecast Sales of Luxury Goods by Category: % Value Growth 2019-2024
  • Sources
  • Summary 1 Research Sources
Note: Product cover images may vary from those shown
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