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Consumer Goods & Retailing

Premium and Luxury Cars in the United Kingdom

Premium and Luxury Cars in the United Kingdom

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Premium and Luxury Cars in the United Kingdom
Value sales of premium and luxury cars rose by 4% to total GBP25.7 billion in 2023, due to demand from high-income consumers, who proved to be steadfast despite macroeconomic headwinds. Demand for premium and luxury cars is contingent on wealth, and prevailing consumer confidence amongst a targeted, niche demographic has a significant impact on sales. The number of wealthy consumers who call the UK home has a big impact on the performance of premium and luxury cars, with 4,100 ultra HNWIs, 173,9...

Euromonitor International's Premium and Luxury Cars in United Kingdom 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 2027 illustrate how the market is set to change

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.

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