The data shows the size of the global market for luxury cars from 2010 to 2017. In 2017, this market was sized at around 489 billion euro.
Global luxury car market size
The luxury car segment is one of the most dynamic contributors of revenue growth in the global luxury goods market, and is primarily driven by rising demand from increasingly affluent buyers in emerging markets such as Brazil, India, the Middle East and China. In 2017, the luxury car market is estimated to have grown by some 6%.
In an attempt to appeal to the more environmentally conscious group of buyers, a fair share of the luxury car fleet is projected to become more ‘eco-friendly’.
