Car Rental Market Research Report and Forecast with Impact of COVID-19

Global Car Rental Market Research Report and Forecast 2025

www.imarcgroup.com

Sales@imarcgroup.com

+1-631-791-1145

About IMARC

WHO WE ARE? • We are a leading market research firm with expertise in market intelligence and business research • We deliver high quality, well-knitted, meaningful studies • We excel at understanding and synergizing with the business priorities of our partners and delivering tailored solutions

WHAT DO WE DO? • Market research and business insights • Competitive intelligence and benchmarking • Strategy consulting • Consumer surveys and feedback analysis

WHAT DO WE COVER? • Food And beverages • Dairy and dairy products • Agriculture and farming • Chemicals and materials • FMCG • Paper and packaging

• Social and rural research

• Healthcare

• Market entry strategy

• Machinery, electronics and semiconductors

• Syndicated Reports

WHO DO WE SERVE? • Collaborating with fortune 500 companies and SMEs • Serving all major clients from different industry which include Chemical & Materials, Food & Beverages, Packaging, Healthcare, Automotive, Heavy Industries, Retail, etc.

WhatWe Do

Competitive Intelligence and Benchmarking At IMARC, we help customers determine a competitor’s brand image and perception in the marketplace as compared to other key players.

Cost Modeling and Cost Forecasting A good cost model supports organizations during negotiations to build strong relationships with suppliers. Cost modelling and price forecasting services from IMARC ensure clients make informed decisions.

Market Research & Business Insights To develop deep customer understanding, we employ a range of quantitative and qualitative marketing research approaches along with big data techniques that are both innovative and pragmatic

Country Entry Strategy IMARC team drafts and implement an optimum country entry strategy for expanding business in the country. Our team of consultants deeply evaluates and strategize the market opportunities for our clients and accentuate the business in congruence with Government regulations, exports and imports scenario, demand supply gap analysis and many more.

Consumer Survey & Feedback Reports Consumer profiling, survey with end consumers, collection of their feedback and deep analysis. Based on the analysis, strategic decisions to enter in a new region, launch of new product, improvising the existing services

Competitive Intelligence and Benchmarking

Market Research & Business Insights

Consumer Survey & Feedback Reports

Country Entry Strategy

Cost Modeling and Cost Forecasting

REPORT OBJECTIVES & Highlight

Report Description According to IMARC Group’s latest report, titled “Car Rental Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025�, the global car rental market grew at a CAGR of around 8% during 2014-2019. Looking forward, IMARC Group expects the global market has huge potential for growth during 2020-2025.

Get a PDF sample of this research report: https://www.imarcgroup.com/car-rental-market/requestsample Car rental is the facility of renting vehicles temporarily for a predefined period through online or offline channels. Car rental services are primarily focused on serving travelers and individuals who do not own private automobiles. Car rental is a cost-effective alternative to owning a vehicle as it offers low-cost traveling, freedom of movement, and reduced fuel consumption on individual vehicles. Several car rental service providers also offer various other services, such as car damage repair, insurance compensation policies, entertainment systems, GPS and Wi-Fi networks, for an enhanced consumer experience.

The rising urban population, coupled with significant expansion of the travel and tourism industry across the globe, are primarily driving the car rental market growth. Furthermore, the rising adoption of car rental services in the form of taxis and carpooling for increased mobility and cost-effective traveling is also propelling the global market. Additionally, due to the rising air pollution, the governments of several countries are focusing on minimizing vehicular emissions and promoting car rental services as one of the most economical and sustainable modes of transportation. Other factors, such as the introduction of car rental services through websites and smartphone-based applications, rising consumer disposable income levels, the growing number of car rental service providers, etc., are further expected to drive the global car rental market growth in the coming years.

Report Description Car Rental Market 2020-2025 Competitive Analysis and Segmentation: Competitive Landscape: The competitive landscape of the global car rental market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:         

Avis Budget Group Inc. Europcar Carzonrent India Private Limited Eco rent a car Enterprise Holdings Inc. Enterprise Rent-A-Car Localiza Sixt SE The Hertz Corporation

The report has segmented the global car rental market on the basis of booking, rental length, vehicle type, application, end-user and region.

Report Description Breakup by Booking: 

Offline Booking



Online Booking

Breakup by Rental Length: 

Short Term



Long Term

Breakup by Vehicle Type: 

Luxury



Executive



Economy



SUVs



Others

Breakup by Application: 

Leisure/Tourism



Business

Report Description Breakup by End-User: 

Self-Driven



Chauffeur-Driven

Breakup by Region: 

North America o United States o Canada



Asia Pacific o China o Japan o India o South Korea o Australia o Indonesia o Others

Report Description Europe • Germany • France • United Kingdom • Italy • Spain • Russia • Others • Latin America • Brazil • Mexico • Others • Middle East and Africa

•Explore full report with table of contents: https://www.imarcgroup.com/car-rental-market

Report Description Key highlights of the report: 

Market Performance (2014-2019)



Market Outlook (2020- 2025)



Market Drivers and Success Factors



The Impact of COVID-19 on the Market



Value Chain Analysis



Structure of the Global Market



Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

Browse Related Report: https://www.imarcgroup.com/electric-commercial-vehicle-market https://www.imarcgroup.com/tractor-market

Report Description About Us IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US: IMARC Group 30 N Gould St, Ste R Sheridan, WY 82801, USA Website: https://www.imarcgroup.com Email: sales@imarcgroup.com USA: +1-631-791-1145 Follow us on twitter: @imarcglobal Linkedin: https://www.linkedin.com/company/imarc-group

Table of Contents

Table of Contents 1 Preface 2 Scope and Methodology 2.1 Objectives of the Study 2.2 Stakeholders 2.3 Data Sources 2.3.1 Primary Sources 2.3.2 Secondary Sources 2.4 Market Estimation 2.4.1 Bottom-Up Approach 2.4.2 Top-Down Approach 2.5 Forecasting Methodology 3 Executive Summary 4 Introduction 4.1 Overview 4.2 Key Industry Trends 5 Global Car Rental Market 5.1 Market Overview 5.2 Market Performance 5.3 Impact of COVID-19 5.4 Market Forecast 6 Market Breakup by Booking 6.1 Offline Booking 6.1.1 Market Trends 6.1.2 Market Forecast 6.2 Online Booking 6.2.1 Market Trends

Table of Contents 7 Market Breakup by Rental Length 7.1 Short Term 7.1.1 Market Trends 7.1.2 Market Forecast 7.2 Long Term 7.2.1 Market Trends 8 Market Breakup by Vehicle Type 8.1 Luxury 8.1.1 Market Trends 8.1.2 Market Forecast 8.2 Executive 8.2.1 Market Trends 8.2.2 Market Forecast 8.3 Economy 8.3.1 Market Trends 8.3.2 Market Forecast 8.4 SUVs 8.4.1 Market Trends 8.4.2 Market Forecast 8.5 Others 8.5.1 Market Trends 8.5.2 Market Forecast 9 Market Breakup by Application 9.1 Leisure/Tourism 9.1.1 Market Trends 9.1.2 Market Forecast

Table of Contents  9.2 Business 9.2.1 Market Trends 9.2.2 Market Forecast 10 Market Breakup by End-User 10.1 Self-Driven 10.1.1 Market Trends 10.1.2 Market Forecast 10.2 Chauffeur-Driven 10.2.1 Market Trends 10.2.2 Market Forecast 11 Market Breakup by Region 11.1 North America 11.1.1 United States 11.1.1.1 Market Trends 11.1.1.2 Market Forecast 11.1.2 Canada 11.1.2.1 Market Trends 11.1.2.2 Market Forecast 11.2 Asia Pacific 11.2.1 China 11.2.1.1 Market Trends 11.2.1.2 Market Forecast 11.2.2 Japan 11.2.2.1 Market Trends 11.2.2.2 Market Forecast

Table of Contents 11.2.3 India 11.2.3.1 Market Trends 11.2.3.2 Market Forecast 11.2.4 South Korea 11.2.4.1 Market Trends 11.2.4.2 Market Forecast 11.2.5 Australia 11.2.5.1 Market Trends 11.2.5.2 Market Forecast 11.2.6 Indonesia 11.2.6.1 Market Trends 11.2.6.2 Market Forecast 11.2.7 Others 11.2.7.1 Market Trends 11.2.7.2 Market Forecast 11.3 Europe 11.3.1 Germany 11.3.1.1 Market Trends 11.3.1.2 Market Forecast 11.3.2 France 11.3.2.1 Market Trends 11.3.2.2 Market Forecast 11.3.3 United Kingdom 11.3.3.1 Market Trends 11.3.3.2 Market Forecast

Table of Contents  11.3.4 Italy 11.3.4.1 Market Trends 11.3.4.2 Market Forecast 11.3.5 Spain 11.3.5.1 Market Trends 11.3.5.2 Market Forecast 11.3.6 Russia 11.3.6.1 Market Trends 11.3.6.2 Market Forecast 11.3.7 Others 11.3.7.1 Market Trends 11.3.7.2 Market Forecast 11.4 Latin America 11.4.1 Brazil 11.4.1.1 Market Trends 11.4.1.2 Market Forecast 11.4.2 Mexico 11.4.2.1 Market Trends 11.4.2.2 Market Forecast 11.4.3 Others 11.4.3.1 Market Trends 11.4.3.2 Market Forecast 11.5 Middle East and Africa 11.5.1 Market Trends 11.5.2 Market Breakup by Country 11.5.3 Market Forecast

Table of Contents 12 SWOT Analysis 12.1 Overview 12.2 Strengths 12.3 Weaknesses 12.4 Opportunities 12.5 Threats 13 Value Chain Analysis 14 Porters Five Forces Analysis 14.1 Overview 14.2 Bargaining Power of Buyers 14.3 Bargaining Power of Suppliers 14.4 Degree of Competition 14.5 Threat of New Entrants 14.6 Threat of Substitutes 15 Price Indicators 16 Competitive Landscape 16.1 Market Structure 16.2 Key Players 16.3 Profiles of Key Players 16.3.1 Avis Budget Group, Inc. 16.3.1.1 Company Overview 16.3.1.2 Product Portfolio 16.3.1.3 Financials 16.3.1.4 SWOT Analysis 16.3.2 Carzonrent India Private Limited 16.3.2.1 Company Overview 16.3.2.2 Product Portfolio

Table of Contents 16.3.3 Eco rent a car 16.3.3.1 Company Overview 16.3.3.2 Product Portfolio 16.3.4 Enterprise Holdings, Inc. 16.3.4.1 Company Overview 16.3.4.2 Product Portfolio 16.3.4.3 SWOT Analysis 16.3.5 Enterprise Rent-A-Car 16.3.5.1 Company Overview 16.3.5.2 Product Portfolio 16.3.5.3 Financials 16.3.6 Europcar 16.3.6.1 Company Overview 16.3.6.2 Product Portfolio 16.3.6.3 Financials 16.3.7 Localiza 16.3.7.1 Company Overview 16.3.7.2 Product Portfolio 16.3.7.3 Financials 16.3.8 Sixt SE 16.3.8.1 Company Overview 16.3.8.2 Product Portfolio 16.3.8.3 Financials 16.3.9 The Hertz Corporation 16.3.9.1 Company Overview 16.3.9.2 Product Portfolio

Report FAQs Team Team Profile Profile

Team Profile

Engineers and Post Graduates Account for 75% of our Team

Growing team of 150+ employees with deep market knowledge

Over 1000 Independent Consultants from different sectors

Post Graduates; 30.00%

Engineers; 45.00%

Non Engineering Graduates; 15.00% Others; 10.00%

Talents from some of the top universities

modelling specialists with unmatched expertise in quantitative research Individuals with experience in specific industries and having sound knowledge of targeted functional areas Commercial and non-commercial relationships with some of the top research institutes

Report FAQs Words From Client

Words From Client

“We have been working with IMARC Group for over two years now. I must say that the word impossible doesn’t seems to appear in their dictionary,. These guys can provide data for any market in any country. I have been given them challenging assignments to work upon and have been quite impressed with their approach and results.”

-Global Procurement Technology Manager – Global FMCG Giant “IMARC Group has great domain expertise and knowledge base provided all the inputs necessary for us to define the path forward and launch our diagnostic successfully in the market where other players were always afraid before investing.”

-Vice President Marketing – European Diagnostic Company

“We were really impressed with their research findings on the South India dairy market. The innovative idea suggested by them have given us altogether different aspect to look at the problem. We started with them on small project but now thinking on doing more strategic project with them.”

-National Manager (Marketing) – Indian Diary Giant “IMARC Group helped us with the outsourcing of a major part of clinical trials to India. In the beginning we were skeptic of this idea. But the success achieved from this strategy is driving us to outsource other verticals of our business to low cost destinations” - Member of Board of Managing Director – Global Pharmaceutical Giant “Working with IMARC Group has been a great experience. They were able to provide us with a comprehensive business report on the India wastewater treatment market. The finding from the reports are played a major role in our business strategies and future decision making” -Senior Vice President – Major Indian Effluent Treatment Company

Report FAQs

Report FAQs

Report FAQs

01 02 03 04 05

Do you provide market share information for a specific country/segment?

Yes, we provide market share information and insights considering the scope. This service is provided as a part of customization requirements.

My research requirement is very specific; can I customized the report?

Yes, we provide customization of reports based on your requirements. It will be charged based on the scope of customization. Client have free access to pre-sales analyst briefs to discuss requirement and recommendations.

How do you arrive at the market numbers?

Our research methodology is a three cyclic process. It starts from information procurement from our inhouse database, primary research and secondary sources. The second step is data collection and analysis.

The third step is data validation from industry experts, key players and other stakeholders.

I have a pre-defined budget. Can I buy chapters/sections of the report?

We generally do not promote the sale of separate or individual segments from within a study, as it might fail to relay the actual meaning of the study or provide a holistic picture of the market. However, in special cases, select chapters are provided based on the client requirement.

Do you offer post sales support?

Yes, we offer post purchase analyst support for 4-6 weeks to our client in case they have any query within the scope of study.

Report FAQs

06 07 08 09

Who are your client?

We have engaged 550+ clients across the globe. More than half of our client are re-engage us for additional reports and services

How will I receive the report?

The report in a PDF and Excel format will be sent to you electronically at your registered email address.

Moreover, PPT and Word formats are also delivered to clients, on special requests.

How often does IMARC update studies?

Research studies or reports are updated once in 6 months or a year depending on the traction & need. Please contact our sales team to inquire about a report update status.

Will I have to pay for the post-sale customization needs?

We offer our clients with a free 10% customization on the syndicated report. In case you have not availed this service as a pre-sale facility, we request you to share the requirements with our sales team. The research team post a feasibility will share the purview of the post-sale customization along with the price (if applicable) and the timeline.

SOME OF OUR KEY CUSTOMERS