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Demand Analysis for Luxury Cars in Africa

  • October 2016
  • -
  • Frost & Sullivan
  • -
  • 71 pages

Luxury Cars Surge in African Automotive Markets

As demand for premium and luxury cars increases in Africa’s major automotive markets, understanding the trends, geographies, and factors impacting sales is necessary. This study investigates new luxury car sales in South Africa, Kenya, and Nigeria, with an emphasis on which luxury cars and sports utility vehicles (SUV) are selling well; why exotic original equipment manufacturers (OEM) have been slow to enter the markets; and why factors such as second-hand imports, infrastructure, and import tariff structures impact the success of OEMs in these markets.

Table Of Contents

Demand Analysis for Luxury Cars in Africa
1. Executive Summary
Executive Summary
Key Takeaways
Current and Future Outlook
 
2. Research Scope, Objectives, and Methodology
Research Scope, Objectives, and Methodology
Research Scope
Research Aims and Objectives
Research Methodology
 
3. Segmentation
Segmentation
Market Segments Analyzed in This Research
Vehicle Segmentation
Market Definitions
 
4. Economic Profile of Select African Countries
Economic Profile of Select African Countries
GDP Growth Rate
GDP per Capita
Inflation, Lending Rates, and Unemployment
Corruption Index
African Urban Population by 2025
 
5. Introduction to the African Car Market
Introduction to the African Car Market
Market Maturity-Vehicle Sales and per Capita Vehicle Statistics
Vehicle Sales Hot Spots-Fastest Growing African Automotive Markets
 
6. Drivers and Restraints for Luxury Car Sales in Africa
Drivers and Restraints for Luxury Car Sales in Africa
Market Drivers
Drivers Explained
Drivers Explained (continued)
Drivers Explained (continued)
Drivers Explained (continued)
Market Restraints
Restraints Explained
Restraints Explained (continued)
Restraints Explained (continued)
Restraints Explained (continued)

7. Luxury Vehicle Sales in Select African Countries
Luxury Vehicle Sales in Select African Countries
Luxury and Premium Brands-South Africa, Kenya, and Nigeria
Luxury Vehicle Market-South Africa
Luxury Vehicle Market-South Africa (continued)
Luxury Vehicle Market-South Africa: SUVs
Luxury Vehicle Sales-South Africa: SUVs and Production
Market Drivers-South Africa
Drivers Explained-South Africa
Market Restraints-South Africa
Restraints Explained-South Africa
Luxury Vehicle Sales-South Africa: Forecast
Luxury Vehicle Market-Kenya
Luxury Vehicle Market-Kenya: SUVs
Market Drivers-Kenya
Drivers Explained-Kenya
Market Restraints-Kenya
Restraints Explained-Kenya
Luxury Vehicle Sales-Kenya: Forecast
Luxury Vehicle Market-Nigeria
Luxury Vehicle Market-Nigeria (continued)
Luxury Vehicle Market-Nigeria: Purchase and Market Trends
Market Drivers-Nigeria
Drivers Explained-Nigeria
Market Restraints-Nigeria
Restraints Explained-Nigeria

8. Key Conclusions and Future Outlook
Key Conclusions and Future Outlook
Key Findings
Key Conclusions and Future Outlook
Five Major Growth Opportunities-African Vehicle Markets
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