Automotive

Demand Analysis for Luxury Cars in Africa

Luxury Cars Surge in African Automotive Markets

INDUSTRY
Automotive

RELEASE DATE
27-Oct-2016
REGION
Africa
DELIVERABLE TYPE
Market Research

RESEARCH CODE
MBF6-01-00-00-00
SKU
AU01397-AF-MR_19135
Yes
SHARE

Demand Analysis for Luxury Cars in Africa
Published on: 27-Oct-2016 | SKU: AU01397-AF-MR_19135

Need more details?

$3,000.00

$2,250.00 save 25 %

DownloadLink
Need more details?

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.

Key Takeaways

Current and Future Outlook

Research Scope

Research Aims and Objectives

Research Methodology

Market Segments Analyzed in This Research

Vehicle Segmentation

Market Definitions

GDP Growth Rate

GDP per Capita

Inflation, Lending Rates, and Unemployment

Corruption Index

African Urban Population by 2025

Market Maturity—Vehicle Sales and per Capita Vehicle Statistics

Vehicle Sales Hot Spots—Fastest Growing African Automotive Markets

Market Drivers

Market Restraints

Luxury and Premium Brands—South Africa, Kenya, and Nigeria

Luxury Vehicle Market—South Africa

Luxury Vehicle Market—South Africa: SUVs

Luxury Vehicle Sales—South Africa: SUVs and Production

Market Drivers—South Africa

Market Restraints—South Africa

Luxury Vehicle Sales—South Africa: Forecast

Luxury Vehicle Market—Kenya

Luxury Vehicle Market—Kenya: SUVs

Market Drivers—Kenya

Market Restraints—Kenya

Luxury Vehicle Sales—Kenya: Forecast

Luxury Vehicle Market—Nigeria

Luxury Vehicle Market—Nigeria: Purchase and Market Trends

Market Drivers—Nigeria

Market Restraints—Nigeria

  • HNWIs
  • Government and government employees
  • Luxury car rental
  • The hotel sector

Key Conclusions and Future Outlook

  • The economic climate
  • New car price inflation
  • Import duties on imported fully built units
List of Figures
  • 1. Total Luxury Car Market: Key Takeaways, Kenya, Nigeria, and South Africa, 2015
  • 2. Total Luxury Vehicle Market: Key Findings and Future Outlook, Kenya, Nigeria, and South Africa, 2015 and 2021
  • 3. Total Luxury Vehicle Market: GDP Growth Rate, Kenya, Nigeria, and South Africa, 2004–2014
  • 4. Total Luxury Vehicle Market: GDP per Capita, Kenya, Nigeria, and South Africa, 2004–2014
  • 5. Total Luxury Vehicle Market: Inflation, Lending Rates, and Unemployment, Kenya, Nigeria, and South Africa, 2015
  • 6. Total Luxury Vehicle Market: Corruption Index, Kenya, Nigeria, and South Africa, 2015
  • 7. Urban Population Forecast by Region: Africa, 1995–2025
  • 8. New Vehicle Sales: per Capita Vehicle Statistics, Africa, 2015
  • 9. Total Luxury Vehicle Market: New Car and Luxury Car Sales Map: Nigeria, Kenya, and South Africa, 2015
  • 10. Total Luxury Vehicle Market: Key Market Drivers, Africa, 2016–2021
  • 11. Luxury Opportunity Index: Global, 2005
  • 12. Wealth Level Forecast: Africa, 2013 and 2023
  • 13. Total Luxury Vehicle Market: Key Market Restraints, Africa, 2016–2021
  • 14. New Car Import Duties and Taxes: Africa, 2016
  • 15. Total Luxury Vehicle Market: Premium and Luxury Brands, South Africa, Kenya, Nigeria, 2016
  • 16. Luxury Vehicle Market: Vehicle Sales by Brand, South Africa, 2014 and 2015
  • 17. Luxury Vehicle Market: SUV Sales by Brand, South Africa, 2015
  • 18. Luxury Vehicle Market: Key Market Drivers, South Africa, 2016–2021
  • 19. Luxury Vehicle Market: Key Market Restraints, South Africa, 2016–2021
  • 20. Luxury Vehicle Market: Vehicle Sales by Brand, Kenya, 2015 and 2016 YTD
  • 21. Luxury Vehicle Market: SUV Sales by Brand, Kenya, 2015 and 2016 YTD
  • 22. Luxury Vehicle Market: Key Market Drivers, Kenya, 2016–2021
  • 23. Luxury Vehicle Market: Key Market Restraints, Kenya, 2016–2021
  • 24. Luxury Vehicle Market: Key Market Drivers, Nigeria, 2016–2021
  • 25. Luxury Vehicle Market: Key Market Restraints, Nigeria, 2016–2021
  • 26. Total Luxury Vehicle Market: Key Findings, Kenya, Nigeria, and South Africa, 2015
  • 27. Total Luxury Vehicle Market: Key Conclusions and Future Outlook, Kenya, Nigeria, and South Africa, 2015–2021
List of Charts
  • 1. Total Luxury Vehicle Market: GDP Growth Rate, Kenya, Nigeria, and South Africa, 2004–2014
  • 2. Total Luxury Vehicle Market: Sector Composition, Kenya, Nigeria, and South Africa, 2015
  • 3. GDP per Capita: Sub-Saharan Africa, 1960–2010
  • 4. Nominal GDP ($ Trillion): Africa, 2013–2025
  • 5. Luxury Vehicle Market: Luxury Segment Breakdown, South Africa, 2015
  • 6. Luxury Vehicle Market: Unit Sales Forecast, South Africa, 2013–2021
  • 7. Luxury Vehicle Market: Luxury Segment Breakdown: Kenya, 2015
  • 8. Luxury Vehicle Market: Unit Sales Forecast, Kenya, 2013–2021

Have questions about this research or need deeper insights?
Speak directly with our analytics experts for tailored recommendations.

Recent related Automotive research

29 Oct 2026   |   Global   |   Market Research

Heavy Commercial Vehicle Human Machine Interface (HMI) Market, Europe and North America, 2025–2033

The human-machine interface (HMI) market for heavy commercial vehicles (HCVs) in Europe and North America is undergoing rapid transformation, driven by regulatory mandates, automation, and connected interface innovation. The convergence of software-defined vehicle (SDV) architectures and advanced dr...

23 Oct 2026   |   Global   |   Technology Research

Growth Opportunities in Vision Sensing, Automated Logistics, Drones, Batteries and RISC-V Cores

The Mobility Technology Opportunity Engine (TOE) covers innovations pertaining to Vision Sensing, Automated Logistics, Drones, Batteries and RISC-V Cores.The purpose of the Mobility Technology TOE is to raise awareness of global technology innovations in self-propelled ground-based mobile platforms ...

16 Oct 2026   |   Global   |   Market Research

Via Transportation: Strategic Profile, Global, 2026

Via Transportation, Inc. (Via) is a leading business-to-business (B2B) transit software and tech-enabled operations company. The company’s platform serves five segments of the global demand-response transit (DRT) market: microtransit, paratransit, school transport, corporate/campus transport, and no...

15 Oct 2026   |   Asia Pacific   |   Market Outlook

Automotive Market Opportunities, South Korea, 2026

This Frost & Sullivan report analyzes South Korea’s automotive market, focusing on passenger vehicles and light commercial vehicles.South Korea has built a fully integrated supply chain, covering everything from manufacturing to sales and aftermarket services. The entire business cycle is continuous...

15 Oct 2026   |   Asia Pacific   |   Market Research

Replacement Turbocharger Aftermarket in Passenger and Light Commercial Vehicles, China, 2026–2032

This study provides a comprehensive assessment of the automotive turbocharger replacement aftermarket in China, with a 2025 base year and forecasts extending through 2032. The analysis covers the replacement market across passenger vehicles and light commercial vehicles, evaluating market size, unit...

 

Purchase includes:
  • Report download
  • Growth Dialog™ with our experts

Growth Dialog™

A tailored session with you where we identify the:
  • Strategic Imperatives
  • Growth Opportunities
  • Best Practices
  • Companies to Action

Impacting your company's future growth potential.