China Luxury Car Market Size & Outlook, 2025-2033

China Luxury Car Market Insights

Deep Market Insights analysis indicates that the China Luxury Car Market size, valued at USD 166.88 Billion in 2024, is expected to expand to USD 310.05 Billion by 2033.
The China market is forecasted to expand at a CAGR of 7.22% spanning 2025–2033.
ICE Luxury held the leading position among Propulsion segments in 2024, based on market size.
EV Luxury is projected to post the fastest growth rate, sustaining its position as the most attractive Propulsion segment during the forecast horizon.

In 2024, China represented 12.37% of the overall global Luxury Car Market size.
United States is projected to lead the global Luxury Car Market size by 2033.
Across Asia Pacific, China is anticipated to hold the dominant position in market size by 2033.
Korea is forecasted to expand at the fastest pace in Asia Pacific, attaining USD 45.13 Billion by 2033.

Report Scope	Details
Base Year for Study	2024
Study Period	2021-2033
Historical Period	2021-2023
Forecast Period	2025-2033
Market Size In 2024	USD 166.88 Billion
Market Size In 2033	USD 310.05 Billion
Largest segment	ICE Luxury
Units	Revenue in USD Billion
CAGR	7.22% (2025-2033)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends