Mexico Luxury Car Market Size & Outlook, 2025-2033

Mexico Luxury Car Market Insights

As per Deep Market Insights insights, the Mexico Luxury Car Market stood at USD 21.59 Billion in 2024 and is anticipated to grow to USD 41.19 Billion by 2033.
The Mexico market is expected to advance at a CAGR of 7.41% from 2025 through 2033.
In 2024, ICE Luxury accounted for the highest share of the Propulsion market size.
During the forecast period, ICE Luxury is set to register the highest growth, making it the most lucrative Propulsion segment.

In 2024, Mexico accounted for 1.63% of the global Luxury Car Market size.
By 2033, United States is expected to lead the global Luxury Car Market in terms of market size.
Within LATAM, Brazil is projected to dominate the regional Luxury Car Market size by 2033.
Brazil is identified as the fastest-growing market in LATAM, anticipated to reach USD 65.74 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 21.59 Billion
Market Size In 2033	USD 41.19 Billion
Largest segment	ICE Luxury
Units	Revenue in USD Billion
CAGR	7.41% (2025-2033)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends