Global Car Rental Market Discussed & Forecast by Travel & Tourism Intelligence Center in In-demand Report Available at MarketPublishers.com14 Jan 2015 • by Natalie Aster
LONDON – After a slowdown witnessed in the beginning of 2009, the worldwide car rental market showed positive growth during 2009-2013, with Europe, Asia-Pacific, Africa, Middle East and Americas being the key regional markets. Furthermore, the global car rental market is forecast to demonstrate remarkable growth in the years ahead, driven by the high tourism expenditures and increasing tourist flows.
The USA took lead in the global car rental market in 2013. The value of the country’s car rental market was estimated at USD 28.6 billion. In comparison, the market value in Japan was six times smaller (USD 4.2 billion). However, Japan dominated the APAC car rental market; it was closely followed by South Korea. Meantime, the market for car rental in Hong Kong was the smallest one and was evaluated at USD 14.8 million. China demonstrated the most rapid growth, increasing at a CAGR of 26.05% during 2009-2013. South Africa was the leading country’s car rental market in Africa and the Middle East, followed by Saudi Arabia.
Topical market research report “The Global Car Rental Market to 2018” developed by Travel and Tourism Intelligence Center offers an all-round guide to the world car rental market performance from 2009 to 2013.
The study provides wealth of invaluable information on the car rental market scenario worldwide and by country, examines the prevailing and emerging market trends and scrutinizes the major market opportunities and challenges and also discusses the latest business deals within the market. It reviews the main car rental companies, gives data on their key services, KPIs, main employees and includes the firms’ SWOT analyses. Besides, the in-demand report draws up a clear picture of the possible future development of the global car rental market up to 2018.
The Global Car Rental Market to 2018
Published: December, 2014
Price: US$ 3,450.00
More topical market research reports by the publisher can be found at Travel & Tourism Intelligence Center page.