Retail sales of premium and luxury cars are expected to rise at a current value CAGR of 11% (9% 2022 constant value CAGR) over the forecast period to AED26.2 billion.
During the forecast period, e-commerce sales of premium and luxury cars look set to rise in the United Arab Emirates. Essential items are already bought online, but big-ticket items like cars are also being bought online, with this trend set to continue.
Electric cars are expected to become more significant within premium and luxury cars over the forecast period. This trend is set to be bolstered by government investment in incentives like fast electric vehicle charging stations and the advent of new technologies, as a response to concerns about sustainability and a need to promote zero emission vehicles.
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Understand the latest market trends and future growth opportunities for the Premium and Luxury Cars industry in United Arab Emirates with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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Passenger car vehicles providing exceptional comfort, aimed at the premium market and at drivers wanting a higher level of performance and handling or a vehicle that gives the impression of being capable of high-speed motoring. These cars are generally designed to appeal to high earning, status led consumers and generally retail at US$75,000 plus Example models include: Aston Martin, Ferrari, Jaguar, Bentley, Porsche, McLaren, Maserati, Rolls-Royce and Tesla
See All of Our DefinitionsThis report originates from Passport, our Premium and Luxury Cars research and analysis database.
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