Report overview
Car Rental Business is a service to rent car.
This report aims to provide a comprehensive presentation of the global market for Car Rental Business, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Car Rental Business. This report contains market size and forecasts of Car Rental Business in global, including the following market information:
Global Car Rental Business Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Car Rental Business market was valued at US$ 74570 million in 2022 and is projected to reach US$ 92340 million by 2029, at a CAGR of 3.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
North America is envisioned to emerge as a predominant region over the forecast period owing to the favorable consumer preferences coupled with the presence of a large number of key operators in the region. The North American car rental market was valued at approximately USD 40 billion in 2017. Increasing number of air travelers along with leisure and business trips, both domestic and international, has led to an increase in the demand for such services in the region.
We surveyed the Car Rental Business companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Car Rental Business Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Car Rental Business Market Segment Percentages, by Type, 2022 (%)
Multi Utility Vehicles (MUVs)
Sports Utility Vehicles (SUVs)
Economy Cars
Executive Cars
Luxury Cars
Global Car Rental Business Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Car Rental Business Market Segment Percentages, by Application, 2022 (%)
On-airport Rentals
Off-airport Rentals
Global Car Rental Business Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Car Rental Business Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Car Rental Business revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Car Rental Business revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Avis Budget Group
Enterprise Rent-A-Car
Europcar
The Hertz Corporation
Sixt
Localiza Rent a Car
Eco Rent A Car
Carzonrent India Private Limited (CIPL)
Al-Futtaim Vehicle Rentals Company
Outline of Major Chapters:
Chapter 1: Introduces the definition of Car Rental Business, market overview.
Chapter 2: Global Car Rental Business market size in revenue.
Chapter 3: Detailed analysis of Car Rental Business company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Car Rental Business in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
