Premium and Luxury Cars in Switzerland

October 2023 | 23 pages | ID: P98ED87061C8EN
Euromonitor International Ltd

Abstracts

Value sales of premium and luxury cars fell by 6% to total CHF5.8 billion in 2023. Wealth determines the degree of demand that exists for premium and luxury cars, and sales are reliant on high consumer confidence amongst a niche consumer demographic. Premium and luxury cars often provide exceptional comfort, aimed at owners looking for a higher level of performance and handling or a car that is capable of delivering a high-speed motoring experience. These cars tend to be designed to attract the...

Euromonitor International's Premium and Luxury Cars in Switzerland 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 2027 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.

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

PREMIUM AND LUXURY CARS IN SWITZERLAND
KEY DATA FINDINGS
2023 DEVELOPMENTS
Current retail value sales fall in 2023 within premium and luxury cars
Leading players lack credibility in terms of sustainability, despite progress by Tesla and Lucid Motors
Premium and luxury cars is led by Daimler AG and its Audi brand
PROSPECTS AND OPPORTUNITIES
Value sales of premium and luxury cars rises over the forecast period
Internet sales become increasingly significant thanks to changing consumer lifestyles and technological advances
Further growth in electric cars over the forecast period as environmental issues become more concerning
CATEGORY DATA
Table 1 Sales of Premium and Luxury Cars: Value 2018-2023
Table 2 Sales of Premium and Luxury Cars: % Value Growth 2018-2023
Table 3 NBO Company Shares of Premium and Luxury Cars: % Value 2018-2022
Table 4 LBN Brand Shares of Premium and Luxury Cars: % Value 2019-2022
Table 5 Forecast Sales of Premium and Luxury Cars: Value 2023-2028
Table 6 Forecast Sales of Premium and Luxury Cars: % Value Growth 2023-2028
LUXURY GOODS IN SWITZERLAND
EXECUTIVE SUMMARY
Luxury goods in 2023: The big picture
2023 key trends
Competitive landscape
Retailing developments
What next for luxury goods?
MARKET DATA
Table 7 Sales of Luxury Goods by Category: Value 2018-2023
Table 8 Sales of Luxury Goods by Category: % Value Growth 2018-2023
Table 9 Inbound Receipts for Luxury Goods by Country of Origin: Value 2018-2023
Table 10 NBO Company Shares of Luxury Goods: % Value 2018-2023
Table 11 LBN Brand Shares of Luxury Goods: % Value 2019-2023
Table 12 Distribution of Luxury Goods by Format and Category: % Value 2023
Table 13 Forecast Sales of Luxury Goods by Category: Value 2023-2028
Table 14 Forecast Sales of Luxury Goods by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
Summary 1 Research Sources