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Car Rental Business Market Size, Share 2023
Market size in 2022 |
US$ 74570 million
|
Forecast Market size by 2029 |
US$ 92340 million
|
Growth Rate |
CAGR of 3.1% |
Number of Pages |
62 Pages |
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.
Report Attributes |
Report Details |
Report Title |
Car Rental Business Market, Global Outlook and Forecast 2023-2029 |
Market size in 2022 |
US$ 74570 million
|
Forecast Market size by 2029 |
US$ 92340 million
|
Growth Rate |
CAGR of 3.1% |
Historical Year |
2018 to 2022 (Data from 2010 can be provided as per availability) |
Base Year |
2022 |
Forecast Year |
2030 |
Number of Pages |
62 Pages |
Customization Available |
Yes, the report can be customized as per your need. |
TABLE OF CONTENTS
1 Introduction to Research & Analysis Reports
1.1 Car Rental Business Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Car Rental Business Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Car Rental Business Overall Market Size
2.1 Global Car Rental Business Market Size: 2022 VS 2029
2.2 Global Car Rental Business Market Size, Prospects & Forecasts: 2018-2029
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top Car Rental Business Players in Global Market
3.2 Top Global Car Rental Business Companies Ranked by Revenue
3.3 Global Car Rental Business Revenue by Companies
3.4 Top 3 and Top 5 Car Rental Business Companies in Global Market, by Revenue in 2022
3.5 Global Companies Car Rental Business Product Type
3.6 Tier 1, Tier 2 and Tier 3 Car Rental Business Players in Global Market
3.6.1 List of Global Tier 1 Car Rental Business Companies
3.6.2 List of Global Tier 2 and Tier 3 Car Rental Business Companies
4 Market Sights by Product
4.1 Overview
4.1.1 By Type - Global Car Rental Business Market Size Markets, 2022 & 2029
4.1.2 Multi Utility Vehicles (MUVs)
4.1.3 Sports Utility Vehicles (SUVs)
4.1.4 Economy Cars
4.1.5 Executive Cars
4.1.6 Luxury Cars
4.2 By Type - Global Car Rental Business Revenue & Forecasts
4.2.1 By Type - Global Car Rental Business Revenue, 2018-2023
4.2.2 By Type - Global Car Rental Business Revenue, 2024-2029
4.2.3 By Type - Global Car Rental Business Revenue Market Share, 2018-2029
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Car Rental Business Market Size, 2022 & 2029
5.1.2 On-airport Rentals
5.1.3 Off-airport Rentals
5.2 By Application - Global Car Rental Business Revenue & Forecasts
5.2.1 By Application - Global Car Rental Business Revenue, 2018-2023
5.2.2 By Application - Global Car Rental Business Revenue, 2024-2029
5.2.3 By Application - Global Car Rental Business Revenue Market Share, 2018-2029
6 Sights by Region
6.1 By Region - Global Car Rental Business Market Size, 2022 & 2029
6.2 By Region - Global Car Rental Business Revenue & Forecasts
6.2.1 By Region - Global Car Rental Business Revenue, 2018-2023
6.2.2 By Region - Global Car Rental Business Revenue, 2024-2029
6.2.3 By Region - Global Car Rental Business Revenue Market Share, 2018-2029
6.3 North America
6.3.1 By Country - North America Car Rental Business Revenue, 2018-2029
6.3.2 US Car Rental Business Market Size, 2018-2029
6.3.3 Canada Car Rental Business Market Size, 2018-2029
6.3.4 Mexico Car Rental Business Market Size, 2018-2029
6.4 Europe
6.4.1 By Country - Europe Car Rental Business Revenue, 2018-2029
6.4.2 Germany Car Rental Business Market Size, 2018-2029
6.4.3 France Car Rental Business Market Size, 2018-2029
6.4.4 U.K. Car Rental Business Market Size, 2018-2029
6.4.5 Italy Car Rental Business Market Size, 2018-2029
6.4.6 Russia Car Rental Business Market Size, 2018-2029
6.4.7 Nordic Countries Car Rental Business Market Size, 2018-2029
6.4.8 Benelux Car Rental Business Market Size, 2018-2029
6.5 Asia
6.5.1 By Region - Asia Car Rental Business Revenue, 2018-2029
6.5.2 China Car Rental Business Market Size, 2018-2029
6.5.3 Japan Car Rental Business Market Size, 2018-2029
6.5.4 South Korea Car Rental Business Market Size, 2018-2029
6.5.5 Southeast Asia Car Rental Business Market Size, 2018-2029
6.5.6 India Car Rental Business Market Size, 2018-2029
6.6 South America
6.6.1 By Country - South America Car Rental Business Revenue, 2018-2029
6.6.2 Brazil Car Rental Business Market Size, 2018-2029
6.6.3 Argentina Car Rental Business Market Size, 2018-2029
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa Car Rental Business Revenue, 2018-2029
6.7.2 Turkey Car Rental Business Market Size, 2018-2029
6.7.3 Israel Car Rental Business Market Size, 2018-2029
6.7.4 Saudi Arabia Car Rental Business Market Size, 2018-2029
6.7.5 UAE Car Rental Business Market Size, 2018-2029
7 Car Rental Business Companies Profiles
7.1 Avis Budget Group
7.1.1 Avis Budget Group Company Summary
7.1.2 Avis Budget Group Business Overview
7.1.3 Avis Budget Group Car Rental Business Major Product Offerings
7.1.4 Avis Budget Group Car Rental Business Revenue in Global Market (2018-2023)
7.1.5 Avis Budget Group Key News & Latest Developments
7.2 Enterprise Rent-A-Car
7.2.1 Enterprise Rent-A-Car Company Summary
7.2.2 Enterprise Rent-A-Car Business Overview
7.2.3 Enterprise Rent-A-Car Car Rental Business Major Product Offerings
7.2.4 Enterprise Rent-A-Car Car Rental Business Revenue in Global Market (2018-2023)
7.2.5 Enterprise Rent-A-Car Key News & Latest Developments
7.3 Europcar
7.3.1 Europcar Company Summary
7.3.2 Europcar Business Overview
7.3.3 Europcar Car Rental Business Major Product Offerings
7.3.4 Europcar Car Rental Business Revenue in Global Market (2018-2023)
7.3.5 Europcar Key News & Latest Developments
7.4 The Hertz Corporation
7.4.1 The Hertz Corporation Company Summary
7.4.2 The Hertz Corporation Business Overview
7.4.3 The Hertz Corporation Car Rental Business Major Product Offerings
7.4.4 The Hertz Corporation Car Rental Business Revenue in Global Market (2018-2023)
7.4.5 The Hertz Corporation Key News & Latest Developments
7.5 Sixt
7.5.1 Sixt Company Summary
7.5.2 Sixt Business Overview
7.5.3 Sixt Car Rental Business Major Product Offerings
7.5.4 Sixt Car Rental Business Revenue in Global Market (2018-2023)
7.5.5 Sixt Key News & Latest Developments
7.6 Localiza Rent a Car
7.6.1 Localiza Rent a Car Company Summary
7.6.2 Localiza Rent a Car Business Overview
7.6.3 Localiza Rent a Car Car Rental Business Major Product Offerings
7.6.4 Localiza Rent a Car Car Rental Business Revenue in Global Market (2018-2023)
7.6.5 Localiza Rent a Car Key News & Latest Developments
7.7 Eco Rent A Car
7.7.1 Eco Rent A Car Company Summary
7.7.2 Eco Rent A Car Business Overview
7.7.3 Eco Rent A Car Car Rental Business Major Product Offerings
7.7.4 Eco Rent A Car Car Rental Business Revenue in Global Market (2018-2023)
7.7.5 Eco Rent A Car Key News & Latest Developments
7.8 Carzonrent India Private Limited (CIPL)
7.8.1 Carzonrent India Private Limited (CIPL) Company Summary
7.8.2 Carzonrent India Private Limited (CIPL) Business Overview
7.8.3 Carzonrent India Private Limited (CIPL) Car Rental Business Major Product Offerings
7.8.4 Carzonrent India Private Limited (CIPL) Car Rental Business Revenue in Global Market (2018-2023)
7.8.5 Carzonrent India Private Limited (CIPL) Key News & Latest Developments
7.9 Al-Futtaim Vehicle Rentals Company
7.9.1 Al-Futtaim Vehicle Rentals Company Company Summary
7.9.2 Al-Futtaim Vehicle Rentals Company Business Overview
7.9.3 Al-Futtaim Vehicle Rentals Company Car Rental Business Major Product Offerings
7.9.4 Al-Futtaim Vehicle Rentals Company Car Rental Business Revenue in Global Market (2018-2023)
7.9.5 Al-Futtaim Vehicle Rentals Company Key News & Latest Developments
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer
LIST OF TABLES & FIGURES
List of Tables
Table 1. Car Rental Business Market Opportunities & Trends in Global Market
Table 2. Car Rental Business Market Drivers in Global Market
Table 3. Car Rental Business Market Restraints in Global Market
Table 4. Key Players of Car Rental Business in Global Market
Table 5. Top Car Rental Business Players in Global Market, Ranking by Revenue (2022)
Table 6. Global Car Rental Business Revenue by Companies, (US$, Mn), 2018-2023
Table 7. Global Car Rental Business Revenue Share by Companies, 2018-2023
Table 8. Global Companies Car Rental Business Product Type
Table 9. List of Global Tier 1 Car Rental Business Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Car Rental Business Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 11. By Type ? Global Car Rental Business Revenue, (US$, Mn), 2022 & 2029
Table 12. By Type - Car Rental Business Revenue in Global (US$, Mn), 2018-2023
Table 13. By Type - Car Rental Business Revenue in Global (US$, Mn), 2024-2029
Table 14. By Application ? Global Car Rental Business Revenue, (US$, Mn), 2022 & 2029
Table 15. By Application - Car Rental Business Revenue in Global (US$, Mn), 2018-2023
Table 16. By Application - Car Rental Business Revenue in Global (US$, Mn), 2024-2029
Table 17. By Region ? Global Car Rental Business Revenue, (US$, Mn), 2022 & 2029
Table 18. By Region - Global Car Rental Business Revenue (US$, Mn), 2018-2023
Table 19. By Region - Global Car Rental Business Revenue (US$, Mn), 2024-2029
Table 20. By Country - North America Car Rental Business Revenue, (US$, Mn), 2018-2023
Table 21. By Country - North America Car Rental Business Revenue, (US$, Mn), 2024-2029
Table 22. By Country - Europe Car Rental Business Revenue, (US$, Mn), 2018-2023
Table 23. By Country - Europe Car Rental Business Revenue, (US$, Mn), 2024-2029
Table 24. By Region - Asia Car Rental Business Revenue, (US$, Mn), 2018-2023
Table 25. By Region - Asia Car Rental Business Revenue, (US$, Mn), 2024-2029
Table 26. By Country - South America Car Rental Business Revenue, (US$, Mn), 2018-2023
Table 27. By Country - South America Car Rental Business Revenue, (US$, Mn), 2024-2029
Table 28. By Country - Middle East & Africa Car Rental Business Revenue, (US$, Mn), 2018-2023
Table 29. By Country - Middle East & Africa Car Rental Business Revenue, (US$, Mn), 2024-2029
Table 30. Avis Budget Group Company Summary
Table 31. Avis Budget Group Car Rental Business Product Offerings
Table 32. Avis Budget Group Car Rental Business Revenue (US$, Mn) & (2018-2023)
Table 33. Avis Budget Group Key News & Latest Developments
Table 34. Enterprise Rent-A-Car Company Summary
Table 35. Enterprise Rent-A-Car Car Rental Business Product Offerings
Table 36. Enterprise Rent-A-Car Car Rental Business Revenue (US$, Mn) & (2018-2023)
Table 37. Enterprise Rent-A-Car Key News & Latest Developments
Table 38. Europcar Company Summary
Table 39. Europcar Car Rental Business Product Offerings
Table 40. Europcar Car Rental Business Revenue (US$, Mn) & (2018-2023)
Table 41. Europcar Key News & Latest Developments
Table 42. The Hertz Corporation Company Summary
Table 43. The Hertz Corporation Car Rental Business Product Offerings
Table 44. The Hertz Corporation Car Rental Business Revenue (US$, Mn) & (2018-2023)
Table 45. The Hertz Corporation Key News & Latest Developments
Table 46. Sixt Company Summary
Table 47. Sixt Car Rental Business Product Offerings
Table 48. Sixt Car Rental Business Revenue (US$, Mn) & (2018-2023)
Table 49. Sixt Key News & Latest Developments
Table 50. Localiza Rent a Car Company Summary
Table 51. Localiza Rent a Car Car Rental Business Product Offerings
Table 52. Localiza Rent a Car Car Rental Business Revenue (US$, Mn) & (2018-2023)
Table 53. Localiza Rent a Car Key News & Latest Developments
Table 54. Eco Rent A Car Company Summary
Table 55. Eco Rent A Car Car Rental Business Product Offerings
Table 56. Eco Rent A Car Car Rental Business Revenue (US$, Mn) & (2018-2023)
Table 57. Eco Rent A Car Key News & Latest Developments
Table 58. Carzonrent India Private Limited (CIPL) Company Summary
Table 59. Carzonrent India Private Limited (CIPL) Car Rental Business Product Offerings
Table 60. Carzonrent India Private Limited (CIPL) Car Rental Business Revenue (US$, Mn) & (2018-2023)
Table 61. Carzonrent India Private Limited (CIPL) Key News & Latest Developments
Table 62. Al-Futtaim Vehicle Rentals Company Company Summary
Table 63. Al-Futtaim Vehicle Rentals Company Car Rental Business Product Offerings
Table 64. Al-Futtaim Vehicle Rentals Company Car Rental Business Revenue (US$, Mn) & (2018-2023)
Table 65. Al-Futtaim Vehicle Rentals Company Key News & Latest Developments
List of Figures
Figure 1. Car Rental Business Segment by Type in 2022
Figure 2. Car Rental Business Segment by Application in 2022
Figure 3. Global Car Rental Business Market Overview: 2022
Figure 4. Key Caveats
Figure 5. Global Car Rental Business Market Size: 2022 VS 2029 (US$, Mn)
Figure 6. Global Car Rental Business Revenue, 2018-2029 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Car Rental Business Revenue in 2022
Figure 8. By Type - Global Car Rental Business Revenue Market Share, 2018-2029
Figure 9. By Application - Global Car Rental Business Revenue Market Share, 2018-2029
Figure 10. By Type - Global Car Rental Business Revenue, (US$, Mn), 2022 & 2029
Figure 11. By Type - Global Car Rental Business Revenue Market Share, 2018-2029
Figure 12. By Application - Global Car Rental Business Revenue, (US$, Mn), 2022 & 2029
Figure 13. By Application - Global Car Rental Business Revenue Market Share, 2018-2029
Figure 14. By Region - Global Car Rental Business Revenue Market Share, 2018-2029
Figure 15. By Country - North America Car Rental Business Revenue Market Share, 2018-2029
Figure 16. US Car Rental Business Revenue, (US$, Mn), 2018-2029
Figure 17. Canada Car Rental Business Revenue, (US$, Mn), 2018-2029
Figure 18. Mexico Car Rental Business Revenue, (US$, Mn), 2018-2029
Figure 19. By Country - Europe Car Rental Business Revenue Market Share, 2018-2029
Figure 20. Germany Car Rental Business Revenue, (US$, Mn), 2018-2029
Figure 21. France Car Rental Business Revenue, (US$, Mn), 2018-2029
Figure 22. U.K. Car Rental Business Revenue, (US$, Mn), 2018-2029
Figure 23. Italy Car Rental Business Revenue, (US$, Mn), 2018-2029
Figure 24. Russia Car Rental Business Revenue, (US$, Mn), 2018-2029
Figure 25. Nordic Countries Car Rental Business Revenue, (US$, Mn), 2018-2029
Figure 26. Benelux Car Rental Business Revenue, (US$, Mn), 2018-2029
Figure 27. By Region - Asia Car Rental Business Revenue Market Share, 2018-2029
Figure 28. China Car Rental Business Revenue, (US$, Mn), 2018-2029
Figure 29. Japan Car Rental Business Revenue, (US$, Mn), 2018-2029
Figure 30. South Korea Car Rental Business Revenue, (US$, Mn), 2018-2029
Figure 31. Southeast Asia Car Rental Business Revenue, (US$, Mn), 2018-2029
Figure 32. India Car Rental Business Revenue, (US$, Mn), 2018-2029
Figure 33. By Country - South America Car Rental Business Revenue Market Share, 2018-2029
Figure 34. Brazil Car Rental Business Revenue, (US$, Mn), 2018-2029
Figure 35. Argentina Car Rental Business Revenue, (US$, Mn), 2018-2029
Figure 36. By Country - Middle East & Africa Car Rental Business Revenue Market Share, 2018-2029
Figure 37. Turkey Car Rental Business Revenue, (US$, Mn), 2018-2029
Figure 38. Israel Car Rental Business Revenue, (US$, Mn), 2018-2029
Figure 39. Saudi Arabia Car Rental Business Revenue, (US$, Mn), 2018-2029
Figure 40. UAE Car Rental Business Revenue, (US$, Mn), 2018-2029
Figure 41. Avis Budget Group Car Rental Business Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 42. Enterprise Rent-A-Car Car Rental Business Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 43. Europcar Car Rental Business Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 44. The Hertz Corporation Car Rental Business Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 45. Sixt Car Rental Business Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 46. Localiza Rent a Car Car Rental Business Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 47. Eco Rent A Car Car Rental Business Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 48. Carzonrent India Private Limited (CIPL) Car Rental Business Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 49. Al-Futtaim Vehicle Rentals Company Car Rental Business Revenue Year Over Year Growth (US$, Mn) & (2018-2023)