Retail sales of premium and luxury cars will rise at a current value CAGR of 7% (4% 2024 constant value CAGR) over 2024-2029, reaching RON9.2 billion in 2029.
E-commerce is set to gain pace over the forecast period, allowing consumers a platform to research, compare and select the best luxury car for their needs. Consequently, online sales of premium and luxury cars in Romania will rise over the forecast period.
The popularity of electric cars will continue to rise across the forecast period, although they will remain somewhat of a niche option in Romania. However, an uptake in sales of these vehicles will be supported by government investment as plans to expand electric car charging stations are put in place.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Understand the latest market trends and future growth opportunities for the Premium and Luxury Cars industry in Romania with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Premium and Luxury Cars industry in Romania, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
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.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!