Car Rental (Self Drive) Global Industry Almanac 2015-2024

Summary

Global Car Rental industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2015-19, and forecast to 2024). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

The car rental market is defined as revenues generated by car rental companies for self-drive cars for hire. The market value is mainly made up of car rentals for business, leisure purposes and Insurance replacement. Market volumes represent the size of the rental car fleet within the respective countries. The calculation excludes leasing and long term rentals. Taxis/cabs or any other passenger vehicles driven by drivers are excluded from the calculation. Any currency conversions used in the creation of this report were calculated using constant 2019 annual average exchange rates.

Covid-19: Figures presented in this report are calculated applying the "middle path" scenario - this is based on the current situation in countries where the epidemic burst first, like China as a model countries and the announcements made by governments, stating that the abnormal situation may last up to six months.

The assumption has been made that after this time the economy will gradually go back to the levels recorded before the pandemics by the end of the year. It is also assumed that there is no widespread economic crisis as seen back in 2008 due to announced pay-outs across countries.

At the moment of preparation of this report in August 2020 the economic implications of the lock downs of many economics are still very difficult to predict as there is no indication how long the pandemics could last.

The global car rental market had total revenues of $78.8bn in 2019, representing a compound annual growth rate (CAGR) of 4.1% between 2015 and 2019.

Market consumption volume increased with a CAGR of 3.6% between 2015 and 2019, to reach a total fleet size of 6.8tn in 2019.

Growth in this market was sustained primarily by growth in the US, which is by far the world's largest single-country market and also outpaces the whole of Europe and Asia-Pacific.

Scope

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the global car rental market
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global car rental market
• Leading company profiles reveal details of key car rental market players' global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the global car rental market with five year forecasts by both value and volume
• Reasons to Buy
• What was the size of the global car rental market by value in 2019?
• What will be the size of the global car rental market in 2024?
• What factors are affecting the strength of competition in the global car rental market?
• How has the market performed over the last five years?
• What are the main segments that make up the global car rental market?

Table of Contents

1. EXECUTIVE SUMMARY

• 1.1. Market value
• 1.2. Market value forecast
• 1.3. Market volume
• 1.4. Market volume forecast
• 1.5. Category segmentation
• 1.6. Geography segmentation
• 1.7. Competitive Landscape

2. Introduction

• 2.1. What is this report about?
• 2.2. Who is the target reader?
• 2.3. How to use this report
• 2.4. Definitions

3. Global Car Rental

• 3.1. Market Overview
• 3.2. Market Data
• 3.3. Market Segmentation
• 3.4. Market outlook
• 3.5. Five forces analysis

4. Macroeconomic Indicators

• 4.1. Country data

5. Car Rental in Asia-Pacific

• 5.1. Market Overview
• 5.2. Market Data
• 5.3. Market Segmentation
• 5.4. Market outlook
• 5.5. Five forces analysis

6. Car Rental in Europe

• 6.1. Market Overview
• 6.2. Market Data
• 6.3. Market Segmentation
• 6.4. Market outlook
• 6.5. Five forces analysis

7. Macroeconomic Indicators

• 7.1. Country data

8. Car Rental in France

• 8.1. Market Overview
• 8.2. Market Data
• 8.3. Market Segmentation
• 8.4. Market outlook
• 8.5. Five forces analysis

9. Macroeconomic Indicators

• 9.1. Country data

10. Car Rental in Germany

• 10.1. Market Overview
• 10.2. Market Data
• 10.3. Market Segmentation
• 10.4. Market outlook
• 10.5. Five forces analysis

11. Macroeconomic Indicators

• 11.1. Country data

12. Car Rental in Australia

• 12.1. Market Overview
• 12.2. Market Data
• 12.3. Market Segmentation
• 12.4. Market outlook
• 12.5. Five forces analysis

13. Macroeconomic Indicators

• 13.1. Country data

14. Car Rental in Brazil

• 14.1. Market Overview
• 14.2. Market Data
• 14.3. Market Segmentation
• 14.4. Market outlook
• 14.5. Five forces analysis

15. Macroeconomic Indicators

• 15.1. Country data

16. Car Rental in Canada

• 16.1. Market Overview
• 16.2. Market Data
• 16.3. Market Segmentation
• 16.4. Market outlook
• 16.5. Five forces analysis

17. Macroeconomic Indicators

• 17.1. Country data

18. Car Rental in China

• 18.1. Market Overview
• 18.2. Market Data
• 18.3. Market Segmentation
• 18.4. Market outlook
• 18.5. Five forces analysis

19. Macroeconomic Indicators

• 19.1. Country data

20. Car Rental in India

• 20.1. Market Overview
• 20.2. Market Data
• 20.3. Market Segmentation
• 20.4. Market outlook
• 20.5. Five forces analysis

21. Macroeconomic Indicators

• 21.1. Country data

22. Car Rental in Indonesia

• 22.1. Market Overview
• 22.2. Market Data
• 22.3. Market Segmentation
• 22.4. Market outlook
• 22.5. Five forces analysis

23. Macroeconomic Indicators

• 23.1. Country data

24. Car Rental in Italy

• 24.1. Market Overview
• 24.2. Market Data
• 24.3. Market Segmentation
• 24.4. Market outlook
• 24.5. Five forces analysis

25. Macroeconomic Indicators

• 25.1. Country data

26. Car Rental in Japan

• 26.1. Market Overview
• 26.2. Market Data
• 26.3. Market Segmentation
• 26.4. Market outlook
• 26.5. Five forces analysis

27. Macroeconomic Indicators

• 27.1. Country data

28. Car Rental in Mexico

• 28.1. Market Overview
• 28.2. Market Data
• 28.3. Market Segmentation
• 28.4. Market outlook
• 28.5. Five forces analysis

29. Macroeconomic Indicators

• 29.1. Country data

30. Car Rental in The Netherlands

• 30.1. Market Overview
• 30.2. Market Data
• 30.3. Market Segmentation
• 30.4. Market outlook
• 30.5. Five forces analysis

31. Macroeconomic Indicators

• 31.1. Country data

32. Car Rental in North America

• 32.1. Market Overview
• 32.2. Market Data
• 32.3. Market Segmentation
• 32.4. Market outlook
• 32.5. Five forces analysis

33. Car Rental in Russia

• 33.1. Market Overview
• 33.2. Market Data
• 33.3. Market Segmentation
• 33.4. Market outlook
• 33.5. Five forces analysis

34. Macroeconomic Indicators

• 34.1. Country data

35. Car Rental in Scandinavia

• 35.1. Market Overview
• 35.2. Market Data
• 35.3. Market Segmentation
• 35.4. Market outlook
• 35.5. Five forces analysis

36. Car Rental in Singapore

• 36.1. Market Overview
• 36.2. Market Data
• 36.3. Market Segmentation
• 36.4. Market outlook
• 36.5. Five forces analysis

37. Macroeconomic Indicators

• 37.1. Country data

38. Car Rental in South Africa

• 38.1. Market Overview
• 38.2. Market Data
• 38.3. Market Segmentation
• 38.4. Market outlook
• 38.5. Five forces analysis

39. Macroeconomic Indicators

• 39.1. Country data

40. Car Rental in South Korea

• 40.1. Market Overview
• 40.2. Market Data
• 40.3. Market Segmentation
• 40.4. Market outlook
• 40.5. Five forces analysis

41. Macroeconomic Indicators

• 41.1. Country data

42. Car Rental in Spain

• 42.1. Market Overview
• 42.2. Market Data
• 42.3. Market Segmentation
• 42.4. Market outlook
• 42.5. Five forces analysis

43. Macroeconomic Indicators

• 43.1. Country data

44. Car Rental in Turkey

• 44.1. Market Overview
• 44.2. Market Data
• 44.3. Market Segmentation
• 44.4. Market outlook
• 44.5. Five forces analysis

45. Macroeconomic Indicators

• 45.1. Country data

46. Car Rental in The United Kingdom

• 46.1. Market Overview
• 46.2. Market Data
• 46.3. Market Segmentation
• 46.4. Market outlook
• 46.5. Five forces analysis

47. Macroeconomic Indicators

• 47.1. Country data

48. Car Rental in The United States

• 48.1. Market Overview
• 48.2. Market Data
• 48.3. Market Segmentation
• 48.4. Market outlook
• 48.5. Five forces analysis

49. Macroeconomic Indicators

• 49.1. Country data

50. Company Profiles

50.1. ADA SA

• 50.2. Unidas S.A.
• 50.3. CanaDream Corp
• 50.4. Sunwing Travel Group Inc
• 50.5. ACE Rent A Car Inc
• 50.6. eHi Car Services Limited
• 50.7. Carzonrent (India) Pvt Ltd
• 50.8. Zoomcar India Pvt Ltd
• 50.9. PT Serasi Autoraya
• 50.10. Alamo Rent a Car Canada
• 50.11. Royal Rent a Car SA de CV
• 50.12. KAV Car Hire
• 50.13. Cabs Car Hire (Pty) Ltd
• 50.14. AJ Rent A Car Co Ltd
• 50.15. Europcar SA
• 50.16. Sixt SE
• 50.17. A.F. Enterprises Ltd
• 50.18. Hertz Global Holdings Inc
• 50.19. Avis Budget Autovermietung AG
• 50.20. Booking Holdings Inc

51. Appendix

• 51.1. Methodology
• 51.2. About MarketLine

List of Tables

• Table 1: Global car rental market value: $ million, 2015-19
• Table 2: Global car rental market volume: fleet size, 2015-19
• Table 3: Global car rental market category segmentation: $ million, 2019
• Table 4: Global car rental market geography segmentation: $ million, 2019
• Table 5: Global car rental market distribution: % share, by value, 2019
• Table 6: Global car rental market value forecast: $ million, 2019-24
• Table 7: Global car rental market volume forecast: fleet size, 2019-24
• Table 8: Global size of population (million), 2015-19
• Table 9: Global gdp (constant 2005 prices, $ billion), 2015-19
• Table 10: Global gdp (current prices, $ billion), 2015-19
• Table 11: Global inflation, 2015-19
• Table 12: Global consumer price index (absolute), 2015-19
• Table 13: Global exchange rate, 2015-19
• Table 14: Asia-Pacific car rental market value: $ million, 2015-19
• Table 15: Asia-Pacific car rental market volume: fleet size, 2015-19
• Table 16: Asia-Pacific car rental market category segmentation: $ million, 2019
• Table 17: Asia-Pacific car rental market geography segmentation: $ million, 2019
• Table 18: Asia-Pacific car rental market distribution: % share, by value, 2019
• Table 19: Asia-Pacific car rental market value forecast: $ million, 2019-24
• Table 20: Asia-Pacific car rental market volume forecast: fleet size, 2019-24
• Table 21: Europe car rental market value: $ million, 2015-19
• Table 22: Europe car rental market volume: fleet size, 2015-19
• Table 23: Europe car rental market category segmentation: $ million, 2019
• Table 24: Europe car rental market geography segmentation: $ million, 2019
• Table 25: Europe car rental market distribution: % share, by value, 2019
• Table 26: Europe car rental market value forecast: $ million, 2019-24
• Table 27: Europe car rental market volume forecast: fleet size, 2019-24
• Table 28: Europe size of population (million), 2015-19
• Table 29: Europe gdp (constant 2005 prices, $ billion), 2015-19
• Table 30: Europe gdp (current prices, $ billion), 2015-19
• Table 31: Europe inflation, 2015-19
• Table 32: Europe consumer price index (absolute), 2015-19
• Table 33: Europe exchange rate, 2015-19
• Table 34: France car rental market value: $ million, 2015-19
• Table 35: France car rental market volume: fleet size, 2015-19
• Table 36: France car rental market category segmentation: $ million, 2019
• Table 37: France car rental market geography segmentation: $ million, 2019
• Table 38: France car rental market distribution: % share, by value, 2019
• Table 39: France car rental market value forecast: $ million, 2019-24
• Table 40: France car rental market volume forecast: fleet size, 2019-24
• Table 41: France size of population (million), 2015-19
• Table 42: France gdp (constant 2005 prices, $ billion), 2015-19
• Table 43: France gdp (current prices, $ billion), 2015-19
• Table 44: France inflation, 2015-19
• Table 45: France consumer price index (absolute), 2015-19
• Table 46: France exchange rate, 2015-19
• Table 47: Germany car rental market value: $ million, 2015-19
• Table 48: Germany car rental market volume: fleet size, 2015-19
• Table 49: Germany car rental market category segmentation: $ million, 2019
• Table 50: Germany car rental market geography segmentation: $ million, 2019

List of Figures

• Figure 1: Global car rental market value: $ million, 2015-19
• Figure 2: Global car rental market volume: fleet size, 2015-19
• Figure 3: Global car rental market category segmentation: % share, by value, 2019
• Figure 4: Global car rental market geography segmentation: % share, by value, 2019
• Figure 5: Global car rental market distribution: % share, by value, 2019
• Figure 6: Global car rental market value forecast: $ million, 2019-24
• Figure 7: Global car rental market volume forecast: fleet size, 2019-24
• Figure 8: Forces driving competition in the global car rental market, 2019
• Figure 9: Drivers of buyer power in the global car rental market, 2019
• Figure 10: Drivers of supplier power in the global car rental market, 2019
• Figure 11: Factors influencing the likelihood of new entrants in the global car rental market, 2019
• Figure 12: Factors influencing the threat of substitutes in the global car rental market, 2019
• Figure 13: Drivers of degree of rivalry in the global car rental market, 2019
• Figure 14: Asia-Pacific car rental market value: $ million, 2015-19
• Figure 15: Asia-Pacific car rental market volume: fleet size, 2015-19
• Figure 16: Asia-Pacific car rental market category segmentation: % share, by value, 2019
• Figure 17: Asia-Pacific car rental market geography segmentation: % share, by value, 2019
• Figure 18: Asia-Pacific car rental market distribution: % share, by value, 2019
• Figure 19: Asia-Pacific car rental market value forecast: $ million, 2019-24
• Figure 20: Asia-Pacific car rental market volume forecast: fleet size, 2019-24
• Figure 21: Forces driving competition in the car rental market in Asia-Pacific, 2019
• Figure 22: Drivers of buyer power in the car rental market in Asia-Pacific, 2019
• Figure 23: Drivers of supplier power in the car rental market in Asia-Pacific, 2019
• Figure 24: Factors influencing the likelihood of new entrants in the car rental market in Asia-Pacific, 2019
• Figure 25: Factors influencing the threat of substitutes in the car rental market in Asia-Pacific, 2019
• Figure 26: Drivers of degree of rivalry in the car rental market in Asia-Pacific, 2019
• Figure 27: Europe car rental market value: $ million, 2015-19
• Figure 28: Europe car rental market volume: fleet size, 2015-19
• Figure 29: Europe car rental market category segmentation: % share, by value, 2019
• Figure 30: Europe car rental market geography segmentation: % share, by value, 2019
• Figure 31: Europe car rental market distribution: % share, by value, 2019
• Figure 32: Europe car rental market value forecast: $ million, 2019-24
• Figure 33: Europe car rental market volume forecast: fleet size, 2019-24
• Figure 34: Forces driving competition in the car rental market in Europe, 2019
• Figure 35: Drivers of buyer power in the car rental market in Europe, 2019
• Figure 36: Drivers of supplier power in the car rental market in Europe, 2019
• Figure 37: Factors influencing the likelihood of new entrants in the car rental market in Europe, 2019
• Figure 38: Factors influencing the threat of substitutes in the car rental market in Europe, 2019
• Figure 39: Drivers of degree of rivalry in the car rental market in Europe, 2019
• Figure 40: France car rental market value: $ million, 2015-19
• Figure 41: France car rental market volume: fleet size, 2015-19
• Figure 42: France car rental market category segmentation: % share, by value, 2019
• Figure 43: France car rental market geography segmentation: % share, by value, 2019
• Figure 44: France car rental market distribution: % share, by value, 2019
• Figure 45: France car rental market value forecast: $ million, 2019-24
• Figure 46: France car rental market volume forecast: fleet size, 2019-24
• Figure 47: Forces driving competition in the car rental market in France, 2019
• Figure 48: Drivers of buyer power in the car rental market in France, 2019
• Figure 49: Drivers of supplier power in the car rental market in France, 2019
• Figure 50: Factors influencing the likelihood of new entrants in the car rental market in France, 2019