Premium and Luxury Cars in Spain

Description

Despite the weak economic outlook, with basic goods growing in price and interest rates still high (the majority of Spaniards have a mortgage), premium and luxury cars in Spain is set to maintain dynamic growth in both retail volume and current value terms in 2024. Wealth determines the degree of demand that exists for premium and luxury cars, as wealthier consumers have the resources to buy and run a new premium and luxury car, despite the overall economic difficulties in the country. The fact...

Euromonitor International's Premium and Luxury Cars in Spain 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.

Product Code: LUXESlc

List Of Contents And Tables

KEY DATA FINDINGS

2024 DEVELOPMENTS

Resilient performance despite overall economic outlook
Innovation is concentrated on sustainability
Mercedes-Benz from Daimler AG remains a firm favourite

PROSPECTS AND OPPORTUNITIES

Dichotomy of shrinking disposable incomes but rising number of wealthy Spaniards
Change in attitudes and new ways of purchasing likely to drive sales
Second-hand and Restomod trend set to impact sales

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 SPAIN

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