Key Market Indicators
Swiss car registrations are projected to hit approximately 1.48 million units by 2028, up from around 1.04 million units in 2023. This represents a compound annual growth rate (CAGR) of 5.5%. Since 2010, the demand for cars in Switzerland has seen a significant increase, growing by 28.3% year over year. In 2023, Switzerland ranked 23rd in car registrations, with Morocco surpassing it with the same number of registrations. Other countries leading the rankings include Indonesia, Austria, and Belgium, taking the 2nd, 3rd, and 4th spots respectively.
