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Premium and Luxury Cars in Japan

  • ID: 5004098
  • Report
  • January 2020
  • Region: Japan
  • 5 pages
  • Euromonitor International
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The shift in consumer focus from possessions to experiences has eroded demand for premium and luxury cars in Japan. Owning a luxury car was historically considered a status symbol in Japan, but consumers are increasingly looking to focus their spending power on experiences, especially since social media has enhanced the potential for such experiences to serve as status symbols in their own right.

The Premium and Luxury Cars in Japan 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 Japan
  • February 2020
List of Contents and Tables
  • Headlines
  • Prospects
  • Demand hit by consumers prioritising experiences over possessions
  • Car sharing expanding in luxury segment
  • SUVs boosted by major international brands
  • Competitive Landscape
  • Daimler leads with Mercedes-Benz range
  • Offering affordable luxury brings challenges
  • Growing role for technological innovation
  • 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
  • Changing character of domestic demand presents a challenge
  • Rising tourist numbers providing opportunities
  • Louis Vuitton and Gucci see strong growth
  • Store-based channels remain dominant, but increasingly influenced by digitalisation
  • Increasing onus on inbound tourism and a need to court younger consumers
  • 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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