Table of Content
Premium and Luxury Cars in the Philippines
Euromonitor International
February 2020
List OF CONTENTS AND TABLES
HEADLINES
PROSPECTS
Luxury car category recovers following impact of tax changes implemented towards end of review period
Illegal vehicles destroyed in government crackdown
Increased sales of luxury cars expected as illegal vehicles are taken out of the loop
COMPETITIVE LANDSCAPE
Asian Carmakers Corp increases lead
Mercedes-Benz encourages young professionals to trade up with competitive finance options
New entrants expected due to increasing demand
CATEGORY DATA
Table 1 Sales of Premium and Luxury Cars: Value 2014-2019
Table 2 Sales of Premium and Luxury Cars: % Value Growth 2014-2019
Table 3 NBO Company Shares of Premium and Luxury Cars: % Value 2014-2018
Table 4 LBN Brand Shares of Premium and Luxury Cars: % Value 2015-2018
Table 5 Forecast Sales of Premium and Luxury Cars: Value 2019-2024
Table 6 Forecast Sales of Premium and Luxury Cars: % Value Growth 2019-2024
EXECUTIVE SUMMARY
Men and millennials represent increasingly important consumer groups, customisation and exclusivity increasingly important
Easing of inflation stimulates growth, enables middle-income consumers to move upmarket
Market remains relatively fragmented, Kering sees notable improvement through performance of Gucci and Yves Saint Laurent
Luxury goods retailers expand into variety of locations, bricks and mortar remains king despite net-savvy consumer base
Economic stability, infrastructure developments and tourism market growth all set to underpin market’s future performance
MARKET INDICATORS
Table 7 Number of High Net Worth Individuals (HNWI): 2014-2019
MARKET DATA
Table 8 Sales of Luxury Goods by Category: Value 2014-2019
Table 9 Sales of Luxury Goods by Category: % Value Growth 2014-2019
Table 10 Inbound Receipts for Luxury Goods by Country of Origin: Value 2014-2019
Table 11 NBO Company Shares of Luxury Goods: % Value 2014-2018
Table 12 LBN Brand Shares of Luxury Goods: % Value 2015-2018
Table 13 Distribution of Luxury Goods by Format and Category: % Value 2019
Table 14 Forecast Sales of Luxury Goods by Category: Value 2019-2024
Table 15 Forecast Sales of Luxury Goods by Category: % Value Growth 2019-2024
SOURCES
Summary 1 Research Sources