Market Research Report
Car Rental (Destination) in South Korea
|Published by||Euromonitor International||Product code||971553|
|Published||Content info||17 Pages
Delivery time: 1-2 business days
|Car Rental (Destination) in South Korea|
|Published: November 12, 2020||Content info: 17 Pages||
International and domestic travel restrictions have led to declining sales in car rental in 2020, across business, leisure and domestic car rental, though the category is suffering less than others. Companies based in popular tourist resorts such as Jeju Island have been especially hard hit due to their reliance on foreign inbound arrivals and domestic travellers. However, such exceptions aside, South Korea's car rental industry is generally less dependent on inbound tourists and more on the dom...
Euromonitor International's Car Rental (Destination) in South Korea report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest market size data 2015-2019, allowing you to identify the sectors driving growth. It identifies the leading companies and offers strategic analysis of key factors influencing the market - be they new legislative, technology or pricing issues. Background information on disposable income, annual leave and holiday taking habits is also included. Forecasts to 2024 illustrate how the market is set to change.
Product coverage: Business Car Rental, Car Rental Offline, Car Rental Online, Insurance Replacement Car Rental, Leisure Car Rental.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
List OF CONTENTS AND TABLES
KEY DATA FINDINGS
Car rental players rely on pre-existing domestic demand
Rise of ride-hailing and car sharing continues to challenge traditional car rental models
RECOVERY AND OPPORTUNITIES
Car sharing schemes set to expand and diversify in line with digital trends and evolving consumer demand
Mercedes focuses on digital mobility while Hyundai gains access to car sharers' data
COVID-19 impact on travel
COVID-19 country impact
Company response to COVID-19: Airlines and hotels
Impact of COVID-19 on online bookings and travel intermediaries
What next for travel?
CHART 1 Inbound Receipts: 2020-2025
CHART 2 Average Spend per Trip for Inbound Arrivals: 2020-2025
GLOBAL MACROECONOMIC ENVIRONMENT
GLOBAL INDUSTRY ENVIRONMENT