Global Car rental Market Research Report 2023

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Date: 07-Mar-2023
No. of pages: 80
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Car or vehicle rental service is relatively developed in the industrialized economies. A car rental, hire car, or car hire company provides vehicles on rent for short periods of time, generally ranging from a few hours to a few weeks. Car rental providers have a number of local branches and offices near airports, bus stops, railway station, and busy city areas. The key vendors that provide vehicle rental services mainly focus on customer's requirements, growth, innovation, and offers that attract customers and efficiency.

Highlights

The global Car Rental market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The impact of information technology in the industry has driven the transformation of the car rental services. The growing trend of using the Internet for customizing travel trips and online reservations & bookings is anticipated to propel the use of technology in the industry. The implementation of technology in these services makes the whole process safe, quick, reliable, and easy for consumers. In addition to this, the hassle-free process of online reservations and bookings increases convenience for both, the operators and customers.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Car Rental, 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.

The Car Rental market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Car Rental market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Car Rental companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.

By Company

- Avis Budget

- Carzonrent

- Enterprise Holding

- Europcar

- Hertz

- Sixt

Segment by Type

- Luxury Cars

- Executive Cars

- Economy Cars

- SUVs

- MUVs

Segment by Application

- Local Usage

- Airport Transport

- Outstation

By Region

- North America

- - United States

- - Canada

- Europe

- - Germany

- - France

- - UK

- - Italy

- - Russia

- - Nordic Countries

- - Rest of Europe

- Asia-Pacific

- - China

- - Japan

- - South Korea

- - Southeast Asia

- - India

- - Australia

- - Rest of Asia

- Latin America

- - Mexico

- - Brazil

- - Rest of Latin America

- Middle East & Africa

- - Turkey

- - Saudi Arabia

- - UAE

- - Rest of MEA

Core Chapters

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.

Chapter 3: Detailed analysis of Car Rental companies' competitive landscape, revenue 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, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. 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, and capacity of each country in the world.

Chapter 11: Provides profiles of key players, introducing the basic situation of the key companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.

Chapter 12: The main points and conclusions of the report.

Global Car rental Market Research Report 2023

Table of Contents
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Car Rental Market Size Growth Rate by Type: 2018 VS 2022 VS 2029
1.2.2 Luxury Cars
1.2.3 Executive Cars
1.2.4 Economy Cars
1.2.5 SUVs
1.2.6 MUVs
1.3 Market by Application
1.3.1 Global Car Rental Market Growth by Application: 2018 VS 2022 VS 2029
1.3.2 Local Usage
1.3.3 Airport Transport
1.3.4 Outstation
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Car Rental Market Perspective (2018-2029)
2.2 Car Rental Growth Trends by Region
2.2.1 Global Car Rental Market Size by Region: 2018 VS 2022 VS 2029
2.2.2 Car Rental Historic Market Size by Region (2018-2023)
2.2.3 Car Rental Forecasted Market Size by Region (2024-2029)
2.3 Car Rental Market Dynamics
2.3.1 Car Rental Industry Trends
2.3.2 Car Rental Market Drivers
2.3.3 Car Rental Market Challenges
2.3.4 Car Rental Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Car Rental Players by Revenue
3.1.1 Global Top Car Rental Players by Revenue (2018-2023)
3.1.2 Global Car Rental Revenue Market Share by Players (2018-2023)
3.2 Global Car Rental Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Car Rental Revenue
3.4 Global Car Rental Market Concentration Ratio
3.4.1 Global Car Rental Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Car Rental Revenue in 2022
3.5 Car Rental Key Players Head office and Area Served
3.6 Key Players Car Rental Product Solution and Service
3.7 Date of Enter into Car Rental Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Car Rental Breakdown Data by Type
4.1 Global Car Rental Historic Market Size by Type (2018-2023)
4.2 Global Car Rental Forecasted Market Size by Type (2024-2029)
5 Car Rental Breakdown Data by Application
5.1 Global Car Rental Historic Market Size by Application (2018-2023)
5.2 Global Car Rental Forecasted Market Size by Application (2024-2029)
6 North America
6.1 North America Car Rental Market Size (2018-2029)
6.2 North America Car Rental Market Growth Rate by Country: 2018 VS 2022 VS 2029
6.3 North America Car Rental Market Size by Country (2018-2023)
6.4 North America Car Rental Market Size by Country (2024-2029)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Car Rental Market Size (2018-2029)
7.2 Europe Car Rental Market Growth Rate by Country: 2018 VS 2022 VS 2029
7.3 Europe Car Rental Market Size by Country (2018-2023)
7.4 Europe Car Rental Market Size by Country (2024-2029)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Car Rental Market Size (2018-2029)
8.2 Asia-Pacific Car Rental Market Growth Rate by Region: 2018 VS 2022 VS 2029
8.3 Asia-Pacific Car Rental Market Size by Region (2018-2023)
8.4 Asia-Pacific Car Rental Market Size by Region (2024-2029)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Car Rental Market Size (2018-2029)
9.2 Latin America Car Rental Market Growth Rate by Country: 2018 VS 2022 VS 2029
9.3 Latin America Car Rental Market Size by Country (2018-2023)
9.4 Latin America Car Rental Market Size by Country (2024-2029)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Car Rental Market Size (2018-2029)
10.2 Middle East & Africa Car Rental Market Growth Rate by Country: 2018 VS 2022 VS 2029
10.3 Middle East & Africa Car Rental Market Size by Country (2018-2023)
10.4 Middle East & Africa Car Rental Market Size by Country (2024-2029)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Avis Budget
11.1.1 Avis Budget Company Detail
11.1.2 Avis Budget Business Overview
11.1.3 Avis Budget Car Rental Introduction
11.1.4 Avis Budget Revenue in Car Rental Business (2018-2023)
11.1.5 Avis Budget Recent Development
11.2 Carzonrent
11.2.1 Carzonrent Company Detail
11.2.2 Carzonrent Business Overview
11.2.3 Carzonrent Car Rental Introduction
11.2.4 Carzonrent Revenue in Car Rental Business (2018-2023)
11.2.5 Carzonrent Recent Development
11.3 Enterprise Holding
11.3.1 Enterprise Holding Company Detail
11.3.2 Enterprise Holding Business Overview
11.3.3 Enterprise Holding Car Rental Introduction
11.3.4 Enterprise Holding Revenue in Car Rental Business (2018-2023)
11.3.5 Enterprise Holding Recent Development
11.4 Europcar
11.4.1 Europcar Company Detail
11.4.2 Europcar Business Overview
11.4.3 Europcar Car Rental Introduction
11.4.4 Europcar Revenue in Car Rental Business (2018-2023)
11.4.5 Europcar Recent Development
11.5 Hertz
11.5.1 Hertz Company Detail
11.5.2 Hertz Business Overview
11.5.3 Hertz Car Rental Introduction
11.5.4 Hertz Revenue in Car Rental Business (2018-2023)
11.5.5 Hertz Recent Development
11.6 Sixt
11.6.1 Sixt Company Detail
11.6.2 Sixt Business Overview
11.6.3 Sixt Car Rental Introduction
11.6.4 Sixt Revenue in Car Rental Business (2018-2023)
11.6.5 Sixt Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
List of Tables
Table 1. Global Car Rental Market Size Growth Rate by Type (US$ Million): 2018 VS 2022 VS 2029
Table 2. Key Players of Luxury Cars
Table 3. Key Players of Executive Cars
Table 4. Key Players of Economy Cars
Table 5. Key Players of SUVs
Table 6. Key Players of MUVs
Table 7. Global Car Rental Market Size Growth by Application (US$ Million): 2018 VS 2022 VS 2029
Table 8. Global Car Rental Market Size by Region (US$ Million): 2018 VS 2022 VS 2029
Table 9. Global Car Rental Market Size by Region (2018-2023) & (US$ Million)
Table 10. Global Car Rental Market Share by Region (2018-2023)
Table 11. Global Car Rental Forecasted Market Size by Region (2024-2029) & (US$ Million)
Table 12. Global Car Rental Market Share by Region (2024-2029)
Table 13. Car Rental Market Trends
Table 14. Car Rental Market Drivers
Table 15. Car Rental Market Challenges
Table 16. Car Rental Market Restraints
Table 17. Global Car Rental Revenue by Players (2018-2023) & (US$ Million)
Table 18. Global Car Rental Market Share by Players (2018-2023)
Table 19. Global Top Car Rental Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Car Rental as of 2022)
Table 20. Ranking of Global Top Car Rental Companies by Revenue (US$ Million) in 2022
Table 21. Global 5 Largest Players Market Share by Car Rental Revenue (CR5 and HHI) & (2018-2023)
Table 22. Key Players Headquarters and Area Served
Table 23. Key Players Car Rental Product Solution and Service
Table 24. Date of Enter into Car Rental Market
Table 25. Mergers & Acquisitions, Expansion Plans
Table 26. Global Car Rental Market Size by Type (2018-2023) & (US$ Million)
Table 27. Global Car Rental Revenue Market Share by Type (2018-2023)
Table 28. Global Car Rental Forecasted Market Size by Type (2024-2029) & (US$ Million)
Table 29. Global Car Rental Revenue Market Share by Type (2024-2029)
Table 30. Global Car Rental Market Size by Application (2018-2023) & (US$ Million)
Table 31. Global Car Rental Revenue Market Share by Application (2018-2023)
Table 32. Global Car Rental Forecasted Market Size by Application (2024-2029) & (US$ Million)
Table 33. Global Car Rental Revenue Market Share by Application (2024-2029)
Table 34. North America Car Rental Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029
Table 35. North America Car Rental Market Size by Country (2018-2023) & (US$ Million)
Table 36. North America Car Rental Market Size by Country (2024-2029) & (US$ Million)
Table 37. Europe Car Rental Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029
Table 38. Europe Car Rental Market Size by Country (2018-2023) & (US$ Million)
Table 39. Europe Car Rental Market Size by Country (2024-2029) & (US$ Million)
Table 40. Asia-Pacific Car Rental Market Size Growth Rate by Region (US$ Million): 2018 VS 2022 VS 2029
Table 41. Asia-Pacific Car Rental Market Size by Region (2018-2023) & (US$ Million)
Table 42. Asia-Pacific Car Rental Market Size by Region (2024-2029) & (US$ Million)
Table 43. Latin America Car Rental Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029
Table 44. Latin America Car Rental Market Size by Country (2018-2023) & (US$ Million)
Table 45. Latin America Car Rental Market Size by Country (2024-2029) & (US$ Million)
Table 46. Middle East & Africa Car Rental Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029
Table 47. Middle East & Africa Car Rental Market Size by Country (2018-2023) & (US$ Million)
Table 48. Middle East & Africa Car Rental Market Size by Country (2024-2029) & (US$ Million)
Table 49. Avis Budget Company Detail
Table 50. Avis Budget Business Overview
Table 51. Avis Budget Car Rental Product
Table 52. Avis Budget Revenue in Car Rental Business (2018-2023) & (US$ Million)
Table 53. Avis Budget Recent Development
Table 54. Carzonrent Company Detail
Table 55. Carzonrent Business Overview
Table 56. Carzonrent Car Rental Product
Table 57. Carzonrent Revenue in Car Rental Business (2018-2023) & (US$ Million)
Table 58. Carzonrent Recent Development
Table 59. Enterprise Holding Company Detail
Table 60. Enterprise Holding Business Overview
Table 61. Enterprise Holding Car Rental Product
Table 62. Enterprise Holding Revenue in Car Rental Business (2018-2023) & (US$ Million)
Table 63. Enterprise Holding Recent Development
Table 64. Europcar Company Detail
Table 65. Europcar Business Overview
Table 66. Europcar Car Rental Product
Table 67. Europcar Revenue in Car Rental Business (2018-2023) & (US$ Million)
Table 68. Europcar Recent Development
Table 69. Hertz Company Detail
Table 70. Hertz Business Overview
Table 71. Hertz Car Rental Product
Table 72. Hertz Revenue in Car Rental Business (2018-2023) & (US$ Million)
Table 73. Hertz Recent Development
Table 74. Sixt Company Detail
Table 75. Sixt Business Overview
Table 76. Sixt Car Rental Product
Table 77. Sixt Revenue in Car Rental Business (2018-2023) & (US$ Million)
Table 78. Sixt Recent Development
Table 79. Research Programs/Design for This Report
Table 80. Key Data Information from Secondary Sources
Table 81. Key Data Information from Primary Sources
List of Figures
Figure 1. Global Car Rental Market Size Comparison by Type (2023-2029) & (US$ Million)
Figure 2. Global Car Rental Market Share by Type: 2022 VS 2029
Figure 3. Luxury Cars Features
Figure 4. Executive Cars Features
Figure 5. Economy Cars Features
Figure 6. SUVs Features
Figure 7. MUVs Features
Figure 8. Global Car Rental Market Size Comparison by Application (2023-2029) & (US$ Million)
Figure 9. Global Car Rental Market Share by Application: 2022 VS 2029
Figure 10. Local Usage Case Studies
Figure 11. Airport Transport Case Studies
Figure 12. Outstation Case Studies
Figure 13. Car Rental Report Years Considered
Figure 14. Global Car Rental Market Size (US$ Million), Year-over-Year: 2018-2029
Figure 15. Global Car Rental Market Size, (US$ Million), 2018 VS 2022 VS 2029
Figure 16. Global Car Rental Market Share by Region: 2022 VS 2029
Figure 17. Global Car Rental Market Share by Players in 2022
Figure 18. Global Top Car Rental Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Car Rental as of 2022)
Figure 19. The Top 10 and 5 Players Market Share by Car Rental Revenue in 2022
Figure 20. North America Car Rental Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 21. North America Car Rental Market Share by Country (2018-2029)
Figure 22. United States Car Rental Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 23. Canada Car Rental Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 24. Europe Car Rental Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 25. Europe Car Rental Market Share by Country (2018-2029)
Figure 26. Germany Car Rental Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 27. France Car Rental Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 28. U.K. Car Rental Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 29. Italy Car Rental Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 30. Russia Car Rental Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 31. Nordic Countries Car Rental Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 32. Asia-Pacific Car Rental Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 33. Asia-Pacific Car Rental Market Share by Region (2018-2029)
Figure 34. China Car Rental Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 35. Japan Car Rental Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 36. South Korea Car Rental Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 37. Southeast Asia Car Rental Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 38. India Car Rental Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 39. Australia Car Rental Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 40. Latin America Car Rental Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 41. Latin America Car Rental Market Share by Country (2018-2029)
Figure 42. Mexico Car Rental Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 43. Brazil Car Rental Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 44. Middle East & Africa Car Rental Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 45. Middle East & Africa Car Rental Market Share by Country (2018-2029)
Figure 46. Turkey Car Rental Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 47. Saudi Arabia Car Rental Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 48. Avis Budget Revenue Growth Rate in Car Rental Business (2018-2023)
Figure 49. Carzonrent Revenue Growth Rate in Car Rental Business (2018-2023)
Figure 50. Enterprise Holding Revenue Growth Rate in Car Rental Business (2018-2023)
Figure 51. Europcar Revenue Growth Rate in Car Rental Business (2018-2023)
Figure 52. Hertz Revenue Growth Rate in Car Rental Business (2018-2023)
Figure 53. Sixt Revenue Growth Rate in Car Rental Business (2018-2023)
Figure 54. Bottom-up and Top-down Approaches for This Report
Figure 55. Data Triangulation
Figure 56. Key Executives Interviewed
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