China Luxury SUV Market Size & Outlook, 2025-2033


China Luxury SUV Market Insights

  • Based on Deep Market Insights findings, the China Luxury SUV Market reached USD 947.56 Million in 2024 and is estimated to attain USD 3,505.03 Million by 2033.
  • From 2025 to 2033, the China market is expected to grow at a steady CAGR of 15.69%.
  • Within the Size category, Compact dominated in 2024 in terms of market size contribution.
  • Over the forecast period, Full-size is forecasted to deliver the fastest growth, positioning it as the most lucrative Size segment.

Other Key Findings


  • China contributed 7.9% to the global Luxury SUV Market size in 2024.
  • By 2033, United States is forecasted to remain the largest global market for Luxury SUV Market.
  • In Asia Pacific, China is projected to capture the leading share of market size by 2033.
  • Among Asia Pacific markets, China is expected to post the fastest growth, reaching USD 3517.78 Million by 2033.

Report Summary

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 947.56 Million
Market Size In 2033 USD 3,505.03 Million
Largest segment Compact
Units Revenue in USD Million
CAGR 15.69% (2025-2033)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

Segmnetation Covered

Segments Sub Segments
Size
  1. Compact
  2. Mid
  3. Full-size
Propulsion
  1. ICE
  2. Hybrid
  3. EV
Features
  1. Off-road
  2. Luxury Trim