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Premium and Luxury Cars in Singapore

  • ID: 5004084
  • Report
  • February 2020
  • Region: Singapore
  • 5 pages
  • Euromonitor International
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Smaller supply of Certificate of Entitlement (COE) compared to 2018 continued to affect the category in 2019. However, interest in luxury cars continues to increase, as such vehicles are marketed as safer than cheaper alternatives.

The 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 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 Singapore
  • February 2020
List of Contents and Tables
  • Headlines
  • Prospects
  • Reduced supply of Certificates of Entitlement impacts demand for upmarket cars
  • Electric cars have to overcome consumer concerns regarding the technology’s limitations
  • Further developments needed before Tesla officially enters Singaporean car market
  • Competitive Landscape
  • Mercedes-Benz A-Class sedan launch boosts Daimler South East Asia’s value share
  • Premium Automobiles maintains growth as Audi on Demand service stimulates consumer interest
  • BMW could benefit from first-player advantage in electric car segment
  • 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
  • Foreign visitors important across the market, lifestyle factors also influential
  • Promotional activities raise awareness of Singapore as tourist destination
  • Singapore’s diversity offers opportunity to test beauty and personal care products, tech developments set to boost experiential luxury
  • Online sales gain share, but bricks and mortar remains important
  • Coronavirus impact uncertain, players may have to consider strategy changes as lifestyle and environmental factors remain important
  • 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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