Luxury Cars in Singapore

February 2019 | 14 pages | ID: L912B916A8EEN
Euromonitor International Ltd

Abstracts

With the push to steer Singapore towards a car-lite society, the Land Transport Authority announced that it was cutting the annual allowable car growth rate from 0.25% to zero, starting in February 2018. This means that new Certificates of Entitlement (COEs) will only be issued if another car deregistered. Consequently, the overall vehicle COE pool shrunk by 4% on April 2018. With fewer COEs to bid for, it has pushed down the demand for new luxury cars, thereby resulting in a decline in current...

Euromonitor International's Luxury Cars in Singapore 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
Government Efforts To Halt Car Population Growth
Electric Vehicles Hold Growth Potential
Tesla Yet To Officially Enter Singapore
Competitive Landscape
Leading Car Manufacturers Look To Gain Share
Audi on Demand Aims To Spur Demand
Alpina Sees Dynamic Growth
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
Experiential and Personal Luxury Grow Moderately; Luxury Cars Decline
Singapore Put on the Global Map Via Milestone Events
Personal Luxury Highly Fragmented While Marina Bay Sands Rules the Hotel Market
Store-based Retailing Remains Dominant, But Internet Retailing Sees Rapid Growth
Threat Lies in US Trade Conflict; Tourism Push To Promote Luxury Shopping
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
  Table 16 Forecast Sales of Luxury Goods by Category: % Value Growth 2018-2023
Sources
  Summary 1 Research Sources