Sales of premium and luxury cars in Indonesia saw strong growth in 2023, although broader economic uncertainties and a cooling consumer demand were seen towards the end of the year. Despite this, sales of premium and luxury cars continued to deliver double-digit growth in current value and retail volume terms in 2024, albeit not reaching the highs of the previous two years. The market's ability to maintain its momentum can be attributed to the increasing demand for premium vehicles, particularly...
Euromonitor International's Premium and Luxury Cars in Indonesia 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.
Premium and Luxury Cars in Indonesia
Euromonitor International
November 2024
List Of Contents And Tables
PREMIUM AND LUXURY CARS IN INDONESIA
KEY DATA FINDINGS
2024 DEVELOPMENTS
Growing appetite for premium and luxury cars in Indonesia
European brands lead premium and luxury cars
Indonesian market seeing a sharp shift in demand towards EV vehicles thanks in part to investments in infrastructure
PROSPECTS AND OPPORTUNITIES
Hybrids expected to increase in popularity
SUV and MPV models set to increase in popularity
Retail e-commerce could open up new opportunities for manufacturers of premium and luxury cars in Indonesia
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 INDONESIA
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