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Premium and Luxury Cars in Hong Kong, China

  • ID: 5004102
  • Report
  • January 2020
  • Region: China, Hong Kong
  • 5 pages
  • Euromonitor International
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The luxury cars category was less affected by the extended period of civil unrest than other categories within the luxury goods market in 2019, seeing a positive performance in current value terms. Retailers need to react to the disruption in the industry by providing personalised and tailor-made services using technology and data analytics to maintain a competitive advantage.

The Premium and Luxury Cars in Hong Kong, China 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 Hong Kong, China
  • February 2020
List of Contents and Tables
  • Headlines
  • Prospects
  • Players in luxury cars space seek to offer individualised services
  • More charging stations needed to promote uptake of electric vehicles
  • Luxury car players seek to reduce costs, target millennials with lower-priced vehicles
  • Competitive Landscape
  • Traditional German marques benefit as Tesla sales slump
  • Porsche rises in the rankings, introduces financial services and added-value service centre
  • Lamborghini and Maserati implement art-based promotional activities
  • 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
  • Multiple factors lead to negative growth in most categories in 2019, men and millennials increasingly important consumer segments
  • Mainland China represents increasing threat to shopping in Hong Kong
  • German carmakers accelerate while Tesla loses drive as tax benefits enjoyed by electric vehicles come to an end
  • Civil unrest and high rents contribute to growth of online shopping, increased demand for second-hand luxury items in evidence
  • Consumers likely to demonstrate pent-up demand when civil unrest abates
  • 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
  • Definitions
  • Sources
  • Summary 1 Research Sources
Note: Product cover images may vary from those shown
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