Corporate Jet & Helicopter Finance Asia 2013 State of the market: Where are we now and which way is the market going? 25 th June 2013
Agenda 1. The Global UHNW Population 2. UHNWIs in Asia 3. The Chinese Market 4. Emerging Asian Aviation Markets 5. Who are the Typical Private Jet Buyers? 6. Using Business Intelligence to Identify and Reach UHNWIs
The Ultra Affluent (UHNW) 187,380 Globally US$ 25.8T Net Worth
Where Would You Expect Them?
Asian UHNWIs are Gaining Ground
Asia Drives Global Growth In the next five years, Asia will be home to an additional 13,000 UHNWIs and UHNW total wealth is expected to reach US$2.7 trillion.
Asia Becomes UHNW Center of Gravity By 2020, Asia will be Home to the Wealthiest UHNW Population By 2025, Asia will be Home to the Largest UHNW Population
Asia Presents Luxury Asset Opportunity Excluding real estate, UHNWIs worldwide spent US$ 70 billion on luxury goods in 2012 Total value of luxury assets held by UHNWIs is US$ 1.1 trillion: North America US$ 370 billion Europe US$ 330 billion Asia US$ 240 billion Other* US$ 160 billion *Other includes the Middle East, Africa, Latin America and Oceania
Chinese UHNWIs by Wealth Tier in 2012
Opportunities Abound in China In 2013, Chinese UHNW population will exceed 12,250 (up 9% from 2012). Chinese UHNW wealth to reach US$1.7 trillion (up 8% from 2012), which is greater than the GDP of South Korea and Taiwan combined.
An Expanding Luxury Market In 2013, Total luxury spend in China will reach US$7 billion, up 17% from 2012. This represents 9% of the global UHNW luxury spend, which is projected to be US$79 billion.
China: Asia s Largest Private Aircraft Market Up until January 2013, the number of private jets in China totals 200, accounting for 29% of all private planes (700) in Asia. The total number of private aircraft owners is expected to double to 150 in 2013.
Other Emerging Asian Aviation Markets Country UHNW Population UHNW Wealth (US$ billion) India 7,730 925 Private Jet Demand Approximately 150 private jets in India 400 new private jets expected in the next 10 years Singapore 1,305 155 Approximately 40 private jets in Singapore Indonesia 785 120 Malaysia 780 100 To be the strongest market in Southeast Asia Approximately 30 private jets in Indonesia Approximately 30 aircraft in Malaysia Majority used for business purposes.
Global Business Jet Owners are Wealthy Average value of private aircraft: US$19 million Average Business Jet UHNWI Age: 64 years old Gender: 96% Male: 4% Marital Status: Married Source of Wealth: Self-Made Net Worth: US$390 million Liquidity: US$85 million
Private Jet Owner in China
Private Jet Owner in Singapore
Private Jet Owner in Thailand
Stay in Touch Mykolas D. Rambus Chief Executive Officer mrambus@wealthx.com Singapore: +65 9772 5440 Hong Kong: +852 2824 8742 United States: +1 248 430 8300
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