Premium and Luxury Cars in the United Kingdom

Premium and Luxury Cars in the United Kingdom

Sales of premium and luxury cars in the UK remain significantly lower than pre-pandemic levels in 2024, despite double-digit growth rates the previous year. While some high net worth individuals continue to invest in premium vehicles, the overall dynamics in the local market are hindering growth opportunities. High-performance electric cars and upscale SUVs are gaining traction in the UK as they appeal to luxury buyers seeking performance and sustainability when purchasing new vehicles.

Euromonitor International's Premium and Luxury Cars in United Kingdom 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.