In 2021, Europe represented around 27 percent of the luxury vehicle market volume. The region was followed closely by China, which held 24 percent of the market. The global luxury car market amounted to around 551 billion euros in revenue in 2021.
Distribution of the luxury vehicle market in 2021, by leading country or region
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Market distribution
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McKinsey & Company. (July 8, 2022). Distribution of the luxury vehicle market in 2021, by leading country or region [Graph]. In Statista. Retrieved July 23, 2024, from https://www.statista.com/statistics/1328827/luxury-vehicle-market-regional-distribution/
McKinsey & Company. "Distribution of the luxury vehicle market in 2021, by leading country or region." Chart. July 8, 2022. Statista. Accessed July 23, 2024. https://www.statista.com/statistics/1328827/luxury-vehicle-market-regional-distribution/
McKinsey & Company. (2022). Distribution of the luxury vehicle market in 2021, by leading country or region. Statista. Statista Inc.. Accessed: July 23, 2024. https://www.statista.com/statistics/1328827/luxury-vehicle-market-regional-distribution/
McKinsey & Company. "Distribution of The Luxury Vehicle Market in 2021, by Leading Country or Region." Statista, Statista Inc., 8 Jul 2022, https://www.statista.com/statistics/1328827/luxury-vehicle-market-regional-distribution/
McKinsey & Company, Distribution of the luxury vehicle market in 2021, by leading country or region Statista, https://www.statista.com/statistics/1328827/luxury-vehicle-market-regional-distribution/ (last visited July 23, 2024)
Distribution of the luxury vehicle market in 2021, by leading country or region [Graph], McKinsey & Company, July 8, 2022. [Online]. Available: https://www.statista.com/statistics/1328827/luxury-vehicle-market-regional-distribution/