Mexico Car Rental Market Summary, Competitive Analysis and Forecast to 2026
Mexico Car Rental Market Summary, Competitive Analysis and Forecast to 2026
SUMMARY
Car Rental in Mexico industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2016-21, and forecast to 2026). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
KEY HIGHLIGHTS
SUMMARY
Car Rental in Mexico industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2016-21, and forecast to 2026). 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 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. The distribution channels are represented by airport and non airport locations calculated for leisure and business segments only. Other distribution channel represents the value of the fleet rented for insurance purpose. All market data and forecasts are represented in nominal terms (i.e., without adjustment for inflation) and all currency conversions used in the creation of this report have been calculated using constant 2021 annual average exchange rates.
- The Mexican car rental market had total Revenues of $237.8 million in 2021, representing a compound annual growth rate (CAGR) of -5.7% between 2016 and 2021.
- The size of the rental fleet declined with a CAGR of -3.1% between 2016 and 2021, to reach a total of 31.1 thousand vehicles in 2021.
- Travel bans and restriction on the movement due to lockdowns lead to fall in car ridership numbers as it dropped by 61% in 2020.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the car rental market in Mexico
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the car rental market in Mexico
- 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 Mexico car rental market with five year forecasts by both value and volume
- What was the size of the Mexico car rental market by value in 2021?
- What will be the size of the Mexico car rental market in 2026?
- What factors are affecting the strength of competition in the Mexico car rental market?
- How has the market performed over the last five years?
- What are the main segments that make up Mexico's car rental market?
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. Market rivalry
1.8. Competitive Landscape
2 MARKET OVERVIEW
2.1. Market definition
2.2. Market analysis
3 MARKET DATA
3.1. Market value
3.2. Market volume
4 MARKET SEGMENTATION
4.1. Category segmentation
4.2. Geography segmentation
4.3. Market distribution
5 MARKET OUTLOOK
5.1. Market value forecast
5.2. Market volume forecast
6 FIVE FORCES ANALYSIS
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 COMPETITIVE LANDSCAPE
7.1. Who are the leading players?
7.2. Which players have been most successful in the past few years?
7.3. How have leading players been impacted by the COVID-19 pandemic?
8 COMPANY PROFILES
8.1. Hertz Global Holdings Inc
8.2. Sixt SE
8.3. Enterprise Holdings Inc
9 MACROECONOMIC INDICATORS
9.1. Country data
10 APPENDIX
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
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. Market rivalry
1.8. Competitive Landscape
2 MARKET OVERVIEW
2.1. Market definition
2.2. Market analysis
3 MARKET DATA
3.1. Market value
3.2. Market volume
4 MARKET SEGMENTATION
4.1. Category segmentation
4.2. Geography segmentation
4.3. Market distribution
5 MARKET OUTLOOK
5.1. Market value forecast
5.2. Market volume forecast
6 FIVE FORCES ANALYSIS
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 COMPETITIVE LANDSCAPE
7.1. Who are the leading players?
7.2. Which players have been most successful in the past few years?
7.3. How have leading players been impacted by the COVID-19 pandemic?
8 COMPANY PROFILES
8.1. Hertz Global Holdings Inc
8.2. Sixt SE
8.3. Enterprise Holdings Inc
9 MACROECONOMIC INDICATORS
9.1. Country data
10 APPENDIX
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
LIST OF TABLES
Table 1: Mexico car rental market value: $ million, 2016-21
Table 2: Mexico car rental market volume: thousand vehicles, 2016-21
Table 3: Mexico car rental market category segmentation: % share, by value, 2016-2021
Table 4: Mexico car rental market category segmentation: $ million, 2016-2021
Table 5: Mexico car rental market geography segmentation: $ million, 2021
Table 6: Mexico car rental market distribution: % share, by value, 2021
Table 7: Mexico car rental market value forecast: $ million, 2021-26
Table 8: Mexico car rental market volume forecast: thousand vehicles, 2021-26
Table 9: Hertz Global Holdings Inc: key facts
Table 10: Hertz Global Holdings Inc: Annual Financial Ratios
Table 11: Hertz Global Holdings Inc: Key Employees
Table 12: Hertz Global Holdings Inc: Key Employees Continued
Table 13: Sixt SE: key facts
Table 14: Sixt SE: Annual Financial Ratios
Table 15: Sixt SE: Key Employees
Table 16: Enterprise Holdings Inc: key facts
Table 17: Enterprise Holdings Inc: Key Employees
Table 18: Mexico size of population (million), 2017-21
Table 19: Mexico gdp (constant 2005 prices, $ billion), 2017-21
Table 20: Mexico gdp (current prices, $ billion), 2017-21
Table 21: Mexico inflation, 2017-21
Table 22: Mexico consumer price index (absolute), 2017-21
Table 23: Mexico exchange rate, 2017-21
Table 1: Mexico car rental market value: $ million, 2016-21
Table 2: Mexico car rental market volume: thousand vehicles, 2016-21
Table 3: Mexico car rental market category segmentation: % share, by value, 2016-2021
Table 4: Mexico car rental market category segmentation: $ million, 2016-2021
Table 5: Mexico car rental market geography segmentation: $ million, 2021
Table 6: Mexico car rental market distribution: % share, by value, 2021
Table 7: Mexico car rental market value forecast: $ million, 2021-26
Table 8: Mexico car rental market volume forecast: thousand vehicles, 2021-26
Table 9: Hertz Global Holdings Inc: key facts
Table 10: Hertz Global Holdings Inc: Annual Financial Ratios
Table 11: Hertz Global Holdings Inc: Key Employees
Table 12: Hertz Global Holdings Inc: Key Employees Continued
Table 13: Sixt SE: key facts
Table 14: Sixt SE: Annual Financial Ratios
Table 15: Sixt SE: Key Employees
Table 16: Enterprise Holdings Inc: key facts
Table 17: Enterprise Holdings Inc: Key Employees
Table 18: Mexico size of population (million), 2017-21
Table 19: Mexico gdp (constant 2005 prices, $ billion), 2017-21
Table 20: Mexico gdp (current prices, $ billion), 2017-21
Table 21: Mexico inflation, 2017-21
Table 22: Mexico consumer price index (absolute), 2017-21
Table 23: Mexico exchange rate, 2017-21
LIST OF FIGURES
Figure 1: Mexico car rental market value: $ million, 2016-21
Figure 2: Mexico car rental market volume: thousand vehicles, 2016-21
Figure 3: Mexico car rental market category segmentation: $ million, 2016-2021
Figure 4: Mexico car rental market geography segmentation: % share, by value, 2021
Figure 5: Mexico car rental market distribution: % share, by value, 2021
Figure 6: Mexico car rental market value forecast: $ million, 2021-26
Figure 7: Mexico car rental market volume forecast: thousand vehicles, 2021-26
Figure 8: Forces driving competition in the car rental market in Mexico, 2021
Figure 9: Drivers of buyer power in the car rental market in Mexico, 2021
Figure 10: Drivers of supplier power in the car rental market in Mexico, 2021
Figure 11: Factors influencing the likelihood of new entrants in the car rental market in Mexico, 2021
Figure 12: Factors influencing the threat of substitutes in the car rental market in Mexico, 2021
Figure 13: Drivers of degree of rivalry in the car rental market in Mexico, 2021
Figure 1: Mexico car rental market value: $ million, 2016-21
Figure 2: Mexico car rental market volume: thousand vehicles, 2016-21
Figure 3: Mexico car rental market category segmentation: $ million, 2016-2021
Figure 4: Mexico car rental market geography segmentation: % share, by value, 2021
Figure 5: Mexico car rental market distribution: % share, by value, 2021
Figure 6: Mexico car rental market value forecast: $ million, 2021-26
Figure 7: Mexico car rental market volume forecast: thousand vehicles, 2021-26
Figure 8: Forces driving competition in the car rental market in Mexico, 2021
Figure 9: Drivers of buyer power in the car rental market in Mexico, 2021
Figure 10: Drivers of supplier power in the car rental market in Mexico, 2021
Figure 11: Factors influencing the likelihood of new entrants in the car rental market in Mexico, 2021
Figure 12: Factors influencing the threat of substitutes in the car rental market in Mexico, 2021
Figure 13: Drivers of degree of rivalry in the car rental market in Mexico, 2021
