Sales of premium and luxury cars have declined in current value and retail volume terms in 2024. This represents two opposing trends in Switzerland whereby the demand for high-end, energy and fuel efficient cars that offer a higher level of comfort and safety keeps growing while overall spending has become more conservative. With the strain on the economy over the review period, including high inflation, price increases and financial insecurity, consumers focused more on the overall value-for-mo...
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 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 Switzerland
Euromonitor International
November 2024
List Of Contents And Tables
PREMIUM AND LUXURY CARS IN SWITZERLAND
KEY DATA FINDINGS
2024 DEVELOPMENTS
Shifts in consumer behaviour and a weak economy limits sales of premium and luxury cars
Little change in the competitive landscape due to established brand loyalty
Electric vehicles struggling to take off in luxury cars despite consumers becoming more eco-conscious
PROSPECTS AND OPPORTUNITIES
Changing trends and behaviours expected to influence the future of premium and luxury cars
Functionality, comfort and sustainability set to be the key focus of innovation over the forecast period
The future of electric vehicles under scrutiny as consumers remain sceptical
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 SWITZERLAND
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