Canada Luxury SUV Market Size & Outlook, 2025-2033

Canada Luxury SUV Market Insights

Deep Market Insights analysis indicates that the Canada Luxury SUV Market size, valued at USD 881.91 Million in 2024, is expected to expand to USD 3,127.88 Million by 2033.
The Canada market is forecasted to expand at a CAGR of 15.25% spanning 2025–2033.
Compact held the leading position among Size segments in 2024, based on market size.
Mid is projected to post the fastest growth rate, sustaining its position as the most attractive Size segment during the forecast horizon.

Canada accounted for 7.35% of the global Luxury SUV Market size in 2024.
By 2033, United States is expected to remain the top global market in terms of size.
Within North America, United States is forecasted to dominate the regional Luxury SUV Market size by 2033.
Canada will be the fastest-growing market in North America, projected to achieve USD 3163.72 Million 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 881.91 Million
Market Size In 2033	USD 3,127.88 Million
Largest segment	Compact
Units	Revenue in USD Million
CAGR	15.25% (2025-2033)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends