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Premium and Luxury Cars in Australia

  • ID: 5004107
  • Report
  • February 2020
  • Region: Australia
  • 5 pages
  • Euromonitor International
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According to the Australian Bureau of Statistics, the total number of passenger cars in the country increased by 1% over 2018-2019. Despite this, luxury cars volume and current value sales declined for a second consecutive year in 2019, which contrasted sharply with the double-digit growth rates witnessed at the beginning of the review period. Falling demand was partly due to growing fears of an economic downturn, which discouraged big-ticket purchases.

The Premium and Luxury Cars in Australia 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 Australia
  • February 2020
List of Contents and Tables
  • Headlines
  • Prospects
  • High taxes and changing lifestyle trends constrain demand for luxury cars
  • Efforts to reinforce status symbol appeal of luxury cars set to intensify
  • Sustainability concerns and innovation fuel interest in electric/hybrid models
  • Competitive Landscape
  • Highly exclusive brand image underpins impressive showing of Ferrari
  • Genesis taps into experiential luxury trend with first Australian showroom
  • Innovation and expansion should help McLaren recover from recent sales dip
  • 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 spending remains solid overall despite gathering economic clouds
  • Experience factor increasingly informs consumer choices and brand strategies
  • Competition intensifies as global names increase focus on Australia
  • Store-based retailers remain dominant but internet retailing continues to gain ground
  • Prospects for market expansion remain broadly favourable
  • 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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