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Premium and Luxury Cars in India

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    Report

  • 18 Pages
  • October 2024
  • Region: India
  • Euromonitor International
  • ID: 5004101
Within luxury goods, premium and luxury cars dominates in India - expected to account for over 40% of overall value sales in 2024. Premium and luxury cars has also been experiencing a remarkable uptick in sales in India, and in 2024 it is set to continue its double-digit growth trajectory in retail current value terms.

The Premium and Luxury Cars in India 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
  • Premium and luxury cars poised for strong growth in 2024
  • Mercedes-Benz continues to lead premium and luxury cars
  • The rise of customisation and personalisation in luxury cars in India
PROSPECTS AND OPPORTUNITIES
  • Favourable economic landscape and easy financial solutions to favour the growth of premium and luxury cars
  • Adoption of premium and luxury EVs set to surge, despite infrastructure hurdles
  • Tier-2 and tier-3 cities emerging as spotlight markets for premium and luxury car brands
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 INDIA
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