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Premium and Luxury Cars in France

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    Report

  • 22 Pages
  • October 2024
  • Region: France
  • Euromonitor International
  • ID: 5004103
In 2024, premium and luxury cars in France is set to continue to post appreciable growth both in retail volume and current value terms; albeit less than the excellent year of 2023, which still enjoyed a positive post-COVID-19 effect. This continuous progression notably stems from the increase of the upper-classes, and the number of millionaires in the country. In 2023, France recorded 2,868,031 adults with a fortune greater than USD1 million, or 47,000 more than in 2022 (+1.

The Premium and Luxury Cars in France 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 2028 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.

Table of Contents

KEY DATA FINDINGS
2024 DEVELOPMENTS
  • Dynamism continues in 2024, but slower than in 2023
  • Mainstream premium and luxury cars largely dominate, but outsiders record the most dynamic growth in 2023
  • Customisation and personalisation play a growing role, while self-driving is still late to take off
PROSPECTS AND OPPORTUNITIES
  • At first sight, no reason to observe a slowdown, thanks to growing demand, electric cars, and new technologies
  • Worrying signs for electric and hybrid high-end cars; however, mainly for Western manufacturers
  • Sustainability outlook - the indirect competition from vintage premium and luxury cars
CATEGORY DATA
  • Table 1 Sales of Premium and Luxury Cars: Value 2019-2024
  • Table 2 Sales of Premium and Luxury Cars: % Value Growth 2019-2024
  • Table 3 NBO Company Shares of Premium and Luxury Cars: % Value 2019-2023
  • Table 4 LBN Brand Shares of Premium and Luxury Cars: % Value 2020-2023
  • Table 5 Forecast Sales of Premium and Luxury Cars: Value 2024-2029
  • Table 6 Forecast Sales of Premium and Luxury Cars: % Value Growth 2024-2029
LUXURY GOODS IN FRANCE
EXECUTIVE SUMMARY
  • Luxury goods in 2024: The big picture
  • 2024 key trends
  • Competitive landscape
  • Retailing developments
  • What next for luxury goods?
MARKET DATA
  • Table 7 Sales of Luxury Goods by Category: Value 2019-2024
  • Table 8 Sales of Luxury Goods by Category: % Value Growth 2019-2024
  • Table 9 Inbound Receipts for Luxury Goods by Country of Origin: Value 2019-2024
  • Table 10 NBO Company Shares of Luxury Goods: % Value 2019-2023
  • Table 11 LBN Brand Shares of Luxury Goods: % Value 2020-2023
  • Table 12 Distribution of Luxury Goods by Format and Category: % Value 2024
  • Table 13 Forecast Sales of Luxury Goods by Category: Value 2024-2029
  • Table 14 Forecast Sales of Luxury Goods by Category: % Value Growth 2024-2029
DISCLAIMER
SOURCES
  • Summary 1 Research Sources