Saudi Arabia Luxury Car Market Size & Outlook, 2025-2033

Saudi Arabia Luxury Car Market Insights

Based on Deep Market Insights findings, the Saudi Arabia Luxury Car Market reached USD 23.34 Billion in 2024 and is estimated to attain USD 40.84 Billion by 2033.
From 2025 to 2033, the Saudi Arabia market is expected to grow at a steady CAGR of 6.43%.
Within the Propulsion category, ICE Luxury dominated in 2024 in terms of market size contribution.
Over the forecast period, Hybrid is forecasted to deliver the fastest growth, positioning it as the most lucrative Propulsion segment.

In 2024, Saudi Arabia represented 1.7% of the overall global Luxury Car Market size.
United States is projected to lead the global Luxury Car Market size by 2033.
Across Middle East and Africa, United Arab Emirates is anticipated to hold the dominant position in market size by 2033.
Nigeria is forecasted to expand at the fastest pace in Middle East and Africa, attaining USD 11.93 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 23.34 Billion
Market Size In 2033	USD 40.84 Billion
Largest segment	ICE Luxury
Units	Revenue in USD Billion
CAGR	6.43% (2025-2033)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends