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Premium and Luxury Cars in Canada

  • ID: 5004105
  • Report
  • January 2020
  • Region: Canada
  • 5 pages
  • Euromonitor International
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Luxury cars posted strong growth over the review period, supported by a combination of trends, including the increasing household wealth of upper-income Canadians, the rising number of affluent immigrants, retiring baby boomers and low financing rates. In July 2018, Mercedes-Benz announced it had achieved its best ever performance in the first half of the year, with its GLC SUV (base price CAD45,900) and Coupé (base price CAD50,300) recording strong performances.

The Premium and Luxury Cars in Canada 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 Canada
  • February 2020
List of Contents and Tables
  • Headlines
  • Prospects
  • Luxury cars is well fuelled by a range of growth catalysts
  • SUVs are the favourite choice for challenging commutes
  • Electric luxury cars being charged up for the Canadian market
  • Competitive Landscape
  • Brands with multiple price points lead the pack
  • Competition strengthens near the top
  • Canadians still veer towards car dealerships for purchases
  • 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 goods proves resilient thanks to rises in affluent consumer groups
  • Aligning marketing strategies with millennial values is key to success
  • Competitive pressure cranks up as more luxury brands opt to stand alone
  • Luxury department stores leads distribution as internet retailing makes inroads
  • A steady outlook is predicted as brands move closer to customers
  • 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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