Luxury Cars in India

February 2019 | 13 pages | ID: LC8EDFDF47AEN
Euromonitor International Ltd

Abstracts

The demand for luxury cars in India was primarily amongst the elderly, financially well-established population and ultra-high net worth individuals. Given their high disposable incomes and purchasing power, the willingness to buy was strong. As a result, luxury car manufacturers introduced cars at price points that mainly catered to this consumer segment. In recent years, however, manufacturers introduced newer types of luxury cars, which are priced more affordably, to tap into the potential fro...

Euromonitor International's Luxury Cars in India 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.

Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.

Contents

Headlines
Prospects
More Affordable Luxury Cars To Target Young Aspirational Consumers
Revision of Gst Rates Adversely Impacts Growth
Tier-2 and Tier-3 Are the Next Growth Markets
Competitive Landscape
Mercedes Benz India Maintains Its Lead
Manufacturers Use Personalisation To Cater To Diverse Needs
Affordable Luxury Launches
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
Growth Slows As Luxury Goods Faces Multiple Challenges
Affordable Luxury Products Are Key To Tap Into the Younger Consumer Group
Fragmentation Is Prevalent in the Competitive Landscape
Store-based Retailing Maintains Its Dominance
Luxury Goods Is Expected To Continue Its Positive Performance
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