Retail sales of premium and luxury cars are set to rise at a current value CAGR of 6% (4% 2023 constant value CAGR) over the forecast period to total SEK79.4 billion in 2028.
Over the forecast period, online sales of premium and luxury cars are expected to climb in Sweden. Consumers are not only buying essentials via e-commerce; they are also starting to buy big-ticket items like cars.
Electric cars look set to grow in significance within premium and luxury cars over the forecast period. This supported by government investment in fast electric car charging points and the advent of new technologies, as a response to concerns about sustainability and a need to promote cars with zero emissions.
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Understand the latest market trends and future growth opportunities for the Premium and Luxury Cars industry in Sweden 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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