South Africa New Cars Market to 2027

South Africa New Cars Market to 2027


Summary
New Cars in South Africa industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • The market for new cars consists of the retail sales/registrations of new passenger cars. Passenger cars include saloons, hatchbacks, SUVs, 4x4s, and light pickup vehicles.
  • The South African new cars market had total revenues of $8.3 billion in 2022, representing a compound annual growth rate (CAGR) of -1% between 2017 and 2022.
  • The market consumption volumes declined with a negative CAGR of 1.2% between 2017 and 2022, to reach a total of 347,243.0 units in 2022.
  • According to in-house research, in 2022, South Africa accounted for 0.4% of the global new cars market. The growth in the South African new cars market is influenced by several macroeconomic factors growing consumer confidence and rising GDP.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the new cars market in South Africa
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the new cars market in South Africa
  • Leading company profiles reveal details of key new cars market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the South Africa new cars market with five year forecasts
Reasons to Buy
  • What was the size of the South Africa new cars market by value in 2022?
  • What will be the size of the South Africa new cars market in 2027?
  • What factors are affecting the strength of competition in the South Africa new cars market?
  • How has the market performed over the last five years?
  • Who are the top competitors in South Africa's new cars market?


1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Geography segmentation
1.6. Market share
1.7. Market rivalry
1.8. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Market share
7.2. Who are the leading players?
7.3. What are the strengths of the leading players?
7.4. What strategies do the leading players follow?
8 Company Profiles
8.1. Toyota Motor Corporation
8.2. Volkswagen AG
8.3. Hyundai Motor Company
8.4. Suzuki Motor Corporation
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: South Africa new cars market value: $ billion, 2017–22
Table 2: South Africa new cars market volume: units, 2017–22
Table 3: South Africa new cars market geography segmentation: $ billion, 2022
Table 4: South Africa new cars market value forecast: $ billion, 2022–27
Table 5: South Africa new cars market volume forecast: units, 2022–27
Table 6: South Africa new cars market share: % share, by volume, 2022
Table 7: Toyota Motor Corporation: key facts
Table 8: Toyota Motor Corporation: Annual Financial Ratios
Table 9: Toyota Motor Corporation: Key Employees
Table 10: Toyota Motor Corporation: Key Employees Continued
Table 11: Volkswagen AG: key facts
Table 12: Volkswagen AG: Annual Financial Ratios
Table 13: Volkswagen AG: Key Employees
Table 14: Volkswagen AG: Key Employees Continued
Table 15: Hyundai Motor Company: key facts
Table 16: Hyundai Motor Company: Annual Financial Ratios
Table 17: Hyundai Motor Company: Key Employees
Table 18: Hyundai Motor Company: Key Employees Continued
Table 19: Suzuki Motor Corporation: key facts
Table 20: Suzuki Motor Corporation: Annual Financial Ratios
Table 21: Suzuki Motor Corporation: Key Employees
Table 22: Suzuki Motor Corporation: Key Employees Continued
Table 23: South Africa size of population (million), 2018–22
Table 24: South Africa gdp (constant 2005 prices, $ billion), 2018–22
Table 25: South Africa gdp (current prices, $ billion), 2018–22
Table 26: South Africa inflation, 2018–22
Table 27: South Africa consumer price index (absolute), 2018–22
Table 28: South Africa exchange rate, 2018–22
List of Figures
Figure 1: South Africa new cars market value: $ billion, 2017–22
Figure 2: South Africa new cars market volume: units, 2017–22
Figure 3: South Africa new cars market geography segmentation: % share, by value, 2022
Figure 4: South Africa new cars market value forecast: $ billion, 2022–27
Figure 5: South Africa new cars market volume forecast: units, 2022–27
Figure 6: Forces driving competition in the new cars market in South Africa, 2022
Figure 7: Drivers of buyer power in the new cars market in South Africa, 2022
Figure 8: Drivers of supplier power in the new cars market in South Africa, 2022
Figure 9: Factors influencing the likelihood of new entrants in the new cars market in South Africa, 2022
Figure 10: Factors influencing the threat of substitutes in the new cars market in South Africa, 2022
Figure 11: Drivers of degree of rivalry in the new cars market in South Africa, 2022
Figure 12: South Africa new cars market share: % share, by volume, 2022

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings