Demographic and Consumer Lifestyle Trends Drive Right-Sizing in the UK Car Market
Households with only one or two occupants continue to proliferate across the UK. Small car segments accounted for less than 30% of the UK passenger car market until 1999 but now hover around the 40% mark. Is this simply coincidence or is there a right-sizing trend in the market that is glacial in nature – slow but unstoppable?
Euromonitor International reviews the right-sizing trend in the UK car market in light of changing demographic, consumer expenditure and consumer lifestyle patterns.
Euromonitor International’s new Automotive reports are designed specifically for stakeholders in the automotive industry and are compiled from Euromonitor’s unrivalled range of global macro-economic and consumer intelligence. This innovative approach assesses myriad ‘pull’ factors that help shape the future of vehicle demand: from consumer lifestyles to income and expenditure; from demographics and household profiles to social technologies. Automotive also draws upon perspectives from Euromonitor’s coverage of other industries, including Consumer Electronics, Consumer Finance and Travel and Tourism.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.Why buy this report?
- Get a detailed picture of the Automotive products market;
- Pinpoint growth sectors and identify factors driving change;
- Understand the competitive environment, the market’s major players and leading brands;
- Use five-year forecasts to assess how the market is predicted to develop.
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Table of contents
Introduction to the UK Car Market
Case Review and Outcome