Luxury cars registered positive retail value growth in 2018. Luxury cars are still in demand by high net worth individuals given that they are the ultimate status symbol. While most of the population are faced with declining disposable income and rising unemployment, a small handful of high net worth individuals have, over the years, managed to keep luxury cars growing, except for the occasional year when there was a decline in the number sold. Luxury cars are also bought as collectors’ items.
The Luxury Cars in South Africa report offers a comprehensive guide to the size and shape of the 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 Luxury Cars retailing along with the development of consumers’ shopping patterns. Forecasts to 2023 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?
The Luxury Cars in South Africa report offers a comprehensive guide to the size and shape of the 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 Luxury Cars retailing along with the development of consumers’ shopping patterns. Forecasts to 2023 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 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
LUXURY CARS IN SOUTH AFRICAList of Contents and Tables
Headlines
Prospects
Wide Gap in South Africa's Income Distribution
High Net Worth Individuals Drive Sales
Challenging Retail Environment Forecast
Competitive Landscape
High Concentration Defines Competitive Landscape in Luxury Cars
High-priced Brands Achieve A Low Retail Value Share
Personalisation Increasing Theme
Category Data
Table 1 Sales of Luxury Cars: Value 2013-2018
Table 2 Sales of Luxury Cars: % Value Growth 2013-2018
Table 3 NBO Company Shares of Luxury Cars: % Value 2013-2017
Table 4 LBN Brand Shares of Luxury Cars: % Value 2014-2017
Table 5 Forecast Sales of Luxury Cars: Value 2018-2023
Table 6 Forecast Sales of Luxury Cars: % Value Growth 2018-2023
Executive Summary
Changing Market Due To Macroeconomic Conditions and Evolving Consumer Base
Market Experiences Growth But Ongoing Decline in Dynamism
Luxury Goods Market Remains Small in South Africa, With Scope for Further Growth
Multibrand Stores Remain the Main Distribution Channel
Positive Prospects for Changing Luxury Goods Market
Market Indicators
Table 7 Number of High Net Worth Individuals (HNWI): 2013-2018
Market Data
Table 8 Sales of Luxury Goods by Category: Value 2013-2018
Table 9 Sales of Luxury Goods by Category: % Value Growth 2013-2018
Table 10 Inbound Receipts for Luxury Goods by Country of Origin: Value 2013-2018
Table 11 NBO Company Shares of Luxury Goods: % Value 2013-2017
Table 12 LBN Brand Shares of Luxury Goods: % Value 2014-2017
Table 13 Distribution of Luxury Goods by Format and Category: % Value 2018
Table 14 Forecast Sales of Luxury Goods by Category: Value 2018-2023
Table 15 Forecast Sales of Luxury Goods by Category: % Value Growth 2018-2023
Sources
Summary 1 Research Sources