North America (NAFTA) Car Rental Market Summary, Competitive Analysis and Forecast, 2018-2027
North America (NAFTA) Car Rental Market Summary, Competitive Analysis and Forecast, 2018-2027
Summary
The NAFTA Car Rental industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2019-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
Summary
The NAFTA Car Rental industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2019-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The North American Free Trade Agreement (NAFTA) is a trade agreement between the countries in North America: the US, Canada and Mexico. The car rental industry within the NAFTA countries had a total market value of $44,493.9 million in 2022.The US was the fastest growing country, with a CAGR of 8.2% over the 2018-22 period.
- Within the car rental industry, the US is the leading country among the NAFTA bloc, with market revenues of $41,861.4 million in 2022. This was followed by Canada and Mexico, with a value of $2,071.3 and $561.2 million, respectively.
- The US is expected to lead the car rental industry in the NAFTA bloc, with a value of $68,521.8 million in 2027, followed by Canada and Mexico with expected values of $3,547.3 and $893.6 million, respectively.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the NAFTA car rental market
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the NAFTA car rental market
- Leading company profiles reveal details of key car rental market players’ NAFTA operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the NAFTA car rental market with five year forecasts by both value and volume
- Compares data from the US, Canada and Mexico, alongside individual chapters on each country
- What was the size of the NAFTA car rental market by value in 2023?
- What will be the size of the NAFTA car rental market in 2028?
- What factors are affecting the strength of competition in the NAFTA car rental market?
- How has the market performed over the last five years?
- What are the main segments that make up the NAFTA car rental market?
1 INTRODUCTION
1.1. What is this report about?
1.2. Who is the target reader?
1.3. How to use this report
1.4. Definitions
2 NAFTA CAR RENTAL
2.1. Industry Outlook
3 CAR RENTAL IN CANADA
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 MEXICO
5.1. Market Overview
5.2. Market Data
5.3. Market Segmentation
5.4. Market outlook
5.5. Five forces analysis
6 MACROECONOMIC INDICATORS
6.1. Country data
7 CAR RENTAL IN THE UNITED STATES
7.1. Market Overview
7.2. Market Data
7.3. Market Segmentation
7.4. Market outlook
7.5. Five forces analysis
8 MACROECONOMIC INDICATORS
8.1. Country data
9 COMPANY PROFILES
9.1. CanaDream Corp
9.2. Avis Budget Group Inc
9.3. Sunwing Tours Inc
9.4. Sixt SE
9.5. Royal Rent a Car SA de CV
9.6. Alamo Rent A Car LLC
9.7. Enterprise Holdings Inc
9.8. Hertz Global Holdings Inc
9.9. Booking Holdings Inc
10 APPENDIX
10.1. Methodology
10.2. About MarketLine
1.1. What is this report about?
1.2. Who is the target reader?
1.3. How to use this report
1.4. Definitions
2 NAFTA CAR RENTAL
2.1. Industry Outlook
3 CAR RENTAL IN CANADA
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 MEXICO
5.1. Market Overview
5.2. Market Data
5.3. Market Segmentation
5.4. Market outlook
5.5. Five forces analysis
6 MACROECONOMIC INDICATORS
6.1. Country data
7 CAR RENTAL IN THE UNITED STATES
7.1. Market Overview
7.2. Market Data
7.3. Market Segmentation
7.4. Market outlook
7.5. Five forces analysis
8 MACROECONOMIC INDICATORS
8.1. Country data
9 COMPANY PROFILES
9.1. CanaDream Corp
9.2. Avis Budget Group Inc
9.3. Sunwing Tours Inc
9.4. Sixt SE
9.5. Royal Rent a Car SA de CV
9.6. Alamo Rent A Car LLC
9.7. Enterprise Holdings Inc
9.8. Hertz Global Holdings Inc
9.9. Booking Holdings Inc
10 APPENDIX
10.1. Methodology
10.2. About MarketLine
LIST OF TABLES
Table 1: NAFTA countries car rental industry, revenue ($m), 2018-27
Table 2: NAFTA countries car rental industry, revenue ($m), 2018-22
Table 3: NAFTA countries car rental industry forecast, revenue ($m), 2022-27
Table 4: Canada car rental market value: $ billion, 2017-22
Table 5: Canada car rental market volume: billion Car Fleet – Absolute Unit, 2017–22
Table 6: Canada car rental market category segmentation: % share, by value, 2017–2022
Table 7: Canada car rental market category segmentation: $ billion, 2017-2022
Table 8: Canada car rental market geography segmentation: $ billion, 2022
Table 9: Canada car rental market value forecast: $ billion, 2022–27
Table 10: Canada car rental market volume forecast: billion Car Fleet – Absolute Unit, 2022–27
Table 11: Canada size of population (million), 2018–22
Table 12: Canada gdp (constant 2005 prices, $ billion), 2018–22
Table 13: Canada gdp (current prices, $ billion), 2018–22
Table 14: Canada inflation, 2018–22
Table 15: Canada consumer price index (absolute), 2018–22
Table 16: Canada exchange rate, 2018–22
Table 17: Mexico car rental market value: $ billion, 2017-22
Table 18: Mexico car rental market volume: billion Car Fleet – Absolute Unit, 2017–22
Table 19: Mexico car rental market category segmentation: % share, by value, 2017–2022
Table 20: Mexico car rental market category segmentation: $ billion, 2017-2022
Table 21: Mexico car rental market geography segmentation: $ billion, 2022
Table 22: Mexico car rental market value forecast: $ billion, 2022–27
Table 23: Mexico car rental market volume forecast: billion Car Fleet – Absolute Unit, 2022–27
Table 24: Mexico size of population (million), 2018–22
Table 25: Mexico gdp (constant 2005 prices, $ billion), 2018–22
Table 26: Mexico gdp (current prices, $ billion), 2018–22
Table 27: Mexico inflation, 2018–22
Table 28: Mexico consumer price index (absolute), 2018–22
Table 29: Mexico exchange rate, 2018–22
Table 30: United States car rental market value: $ billion, 2017-22
Table 31: United States car rental market volume: billion Car Fleet – Absolute Unit, 2017–22
Table 32: United States car rental market category segmentation: % share, by value, 2017–2022
Table 33: United States car rental market category segmentation: $ billion, 2017-2022
Table 34: United States car rental market geography segmentation: $ billion, 2022
Table 35: United States car rental market value forecast: $ billion, 2022–27
Table 36: United States car rental market volume forecast: billion Car Fleet – Absolute Unit, 2022–27
Table 37: United States size of population (million), 2018–22
Table 38: United States gdp (constant 2005 prices, $ billion), 2018–22
Table 39: United States gdp (current prices, $ billion), 2018–22
Table 40: United States inflation, 2018–22
Table 41: United States consumer price index (absolute), 2018–22
Table 42: United States exchange rate, 2018–22
Table 43: CanaDream Corp: key facts
Table 44: Avis Budget Group Inc: key facts
Table 45: Avis Budget Group Inc: Annual Financial Ratios
Table 46: Avis Budget Group Inc: Key Employees
Table 47: Sunwing Tours Inc: key facts
Table 48: Sunwing Tours Inc: Key Employees
Table 49: Sixt SE: key facts
Table 50: Sixt SE: Annual Financial Ratios
Table 51: Sixt SE: Key Employees
Table 52: Royal Rent a Car SA de CV: key facts
Table 53: Alamo Rent A Car LLC: key facts
Table 54: Enterprise Holdings Inc: key facts
Table 55: Enterprise Holdings Inc: Key Employees
Table 56: Hertz Global Holdings Inc: key facts
Table 57: Hertz Global Holdings Inc: Annual Financial Ratios
Table 58: Hertz Global Holdings Inc: Key Employees
Table 59: Hertz Global Holdings Inc: Key Employees Continued
Table 60: Booking Holdings Inc: key facts
Table 61: Booking Holdings Inc: Annual Financial Ratios
Table 62: Booking Holdings Inc: Key Employees
Table 1: NAFTA countries car rental industry, revenue ($m), 2018-27
Table 2: NAFTA countries car rental industry, revenue ($m), 2018-22
Table 3: NAFTA countries car rental industry forecast, revenue ($m), 2022-27
Table 4: Canada car rental market value: $ billion, 2017-22
Table 5: Canada car rental market volume: billion Car Fleet – Absolute Unit, 2017–22
Table 6: Canada car rental market category segmentation: % share, by value, 2017–2022
Table 7: Canada car rental market category segmentation: $ billion, 2017-2022
Table 8: Canada car rental market geography segmentation: $ billion, 2022
Table 9: Canada car rental market value forecast: $ billion, 2022–27
Table 10: Canada car rental market volume forecast: billion Car Fleet – Absolute Unit, 2022–27
Table 11: Canada size of population (million), 2018–22
Table 12: Canada gdp (constant 2005 prices, $ billion), 2018–22
Table 13: Canada gdp (current prices, $ billion), 2018–22
Table 14: Canada inflation, 2018–22
Table 15: Canada consumer price index (absolute), 2018–22
Table 16: Canada exchange rate, 2018–22
Table 17: Mexico car rental market value: $ billion, 2017-22
Table 18: Mexico car rental market volume: billion Car Fleet – Absolute Unit, 2017–22
Table 19: Mexico car rental market category segmentation: % share, by value, 2017–2022
Table 20: Mexico car rental market category segmentation: $ billion, 2017-2022
Table 21: Mexico car rental market geography segmentation: $ billion, 2022
Table 22: Mexico car rental market value forecast: $ billion, 2022–27
Table 23: Mexico car rental market volume forecast: billion Car Fleet – Absolute Unit, 2022–27
Table 24: Mexico size of population (million), 2018–22
Table 25: Mexico gdp (constant 2005 prices, $ billion), 2018–22
Table 26: Mexico gdp (current prices, $ billion), 2018–22
Table 27: Mexico inflation, 2018–22
Table 28: Mexico consumer price index (absolute), 2018–22
Table 29: Mexico exchange rate, 2018–22
Table 30: United States car rental market value: $ billion, 2017-22
Table 31: United States car rental market volume: billion Car Fleet – Absolute Unit, 2017–22
Table 32: United States car rental market category segmentation: % share, by value, 2017–2022
Table 33: United States car rental market category segmentation: $ billion, 2017-2022
Table 34: United States car rental market geography segmentation: $ billion, 2022
Table 35: United States car rental market value forecast: $ billion, 2022–27
Table 36: United States car rental market volume forecast: billion Car Fleet – Absolute Unit, 2022–27
Table 37: United States size of population (million), 2018–22
Table 38: United States gdp (constant 2005 prices, $ billion), 2018–22
Table 39: United States gdp (current prices, $ billion), 2018–22
Table 40: United States inflation, 2018–22
Table 41: United States consumer price index (absolute), 2018–22
Table 42: United States exchange rate, 2018–22
Table 43: CanaDream Corp: key facts
Table 44: Avis Budget Group Inc: key facts
Table 45: Avis Budget Group Inc: Annual Financial Ratios
Table 46: Avis Budget Group Inc: Key Employees
Table 47: Sunwing Tours Inc: key facts
Table 48: Sunwing Tours Inc: Key Employees
Table 49: Sixt SE: key facts
Table 50: Sixt SE: Annual Financial Ratios
Table 51: Sixt SE: Key Employees
Table 52: Royal Rent a Car SA de CV: key facts
Table 53: Alamo Rent A Car LLC: key facts
Table 54: Enterprise Holdings Inc: key facts
Table 55: Enterprise Holdings Inc: Key Employees
Table 56: Hertz Global Holdings Inc: key facts
Table 57: Hertz Global Holdings Inc: Annual Financial Ratios
Table 58: Hertz Global Holdings Inc: Key Employees
Table 59: Hertz Global Holdings Inc: Key Employees Continued
Table 60: Booking Holdings Inc: key facts
Table 61: Booking Holdings Inc: Annual Financial Ratios
Table 62: Booking Holdings Inc: Key Employees
LIST OF FIGURES
Figure 1: NAFTA countries car rental industry, revenue ($m), 2018-27
Figure 2: NAFTA countries car rental industry, revenue ($m), 2018-22
Figure 3: NAFTA countries car rental industry forecast, revenue ($m), 2022-27
Figure 4: Canada car rental market value: $ billion, 2017-22
Figure 5: Canada car rental market volume: billion Car Fleet – Absolute Unit, 2017–22
Figure 6: Canada car rental market category segmentation: $ billion, 2017-2022
Figure 7: Canada car rental market geography segmentation: % share, by value, 2022
Figure 8: Canada car rental market value forecast: $ billion, 2022–27
Figure 9: Canada car rental market volume forecast: billion Car Fleet – Absolute Unit, 2022–27
Figure 10: Forces driving competition in the car rental market in Canada, 2022
Figure 11: Drivers of buyer power in the car rental market in Canada, 2022
Figure 12: Drivers of supplier power in the car rental market in Canada, 2022
Figure 13: Factors influencing the likelihood of new entrants in the car rental market in Canada, 2022
Figure 14: Factors influencing the threat of substitutes in the car rental market in Canada, 2022
Figure 15: Drivers of degree of rivalry in the car rental market in Canada, 2022
Figure 16: Mexico car rental market value: $ billion, 2017-22
Figure 17: Mexico car rental market volume: billion Car Fleet – Absolute Unit, 2017–22
Figure 18: Mexico car rental market category segmentation: $ billion, 2017-2022
Figure 19: Mexico car rental market geography segmentation: % share, by value, 2022
Figure 20: Mexico car rental market value forecast: $ billion, 2022–27
Figure 21: Mexico car rental market volume forecast: billion Car Fleet – Absolute Unit, 2022–27
Figure 22: Forces driving competition in the car rental market in Mexico, 2022
Figure 23: Drivers of buyer power in the car rental market in Mexico, 2022
Figure 24: Drivers of supplier power in the car rental market in Mexico, 2022
Figure 25: Factors influencing the likelihood of new entrants in the car rental market in Mexico, 2022
Figure 26: Factors influencing the threat of substitutes in the car rental market in Mexico, 2022
Figure 27: Drivers of degree of rivalry in the car rental market in Mexico, 2022
Figure 28: United States car rental market value: $ billion, 2017-22
Figure 29: United States car rental market volume: billion Car Fleet – Absolute Unit, 2017–22
Figure 30: United States car rental market category segmentation: $ billion, 2017-2022
Figure 31: United States car rental market geography segmentation: % share, by value, 2022
Figure 32: United States car rental market value forecast: $ billion, 2022–27
Figure 33: United States car rental market volume forecast: billion Car Fleet – Absolute Unit, 2022–27
Figure 34: Forces driving competition in the car rental market in the United States, 2022
Figure 35: Drivers of buyer power in the car rental market in the United States, 2022
Figure 36: Drivers of supplier power in the car rental market in the United States, 2022
Figure 37: Factors influencing the likelihood of new entrants in the car rental market in the United States, 2022
Figure 38: Factors influencing the threat of substitutes in the car rental market in the United States, 2022
Figure 39: Drivers of degree of rivalry in the car rental market in the United States, 2022
Figure 1: NAFTA countries car rental industry, revenue ($m), 2018-27
Figure 2: NAFTA countries car rental industry, revenue ($m), 2018-22
Figure 3: NAFTA countries car rental industry forecast, revenue ($m), 2022-27
Figure 4: Canada car rental market value: $ billion, 2017-22
Figure 5: Canada car rental market volume: billion Car Fleet – Absolute Unit, 2017–22
Figure 6: Canada car rental market category segmentation: $ billion, 2017-2022
Figure 7: Canada car rental market geography segmentation: % share, by value, 2022
Figure 8: Canada car rental market value forecast: $ billion, 2022–27
Figure 9: Canada car rental market volume forecast: billion Car Fleet – Absolute Unit, 2022–27
Figure 10: Forces driving competition in the car rental market in Canada, 2022
Figure 11: Drivers of buyer power in the car rental market in Canada, 2022
Figure 12: Drivers of supplier power in the car rental market in Canada, 2022
Figure 13: Factors influencing the likelihood of new entrants in the car rental market in Canada, 2022
Figure 14: Factors influencing the threat of substitutes in the car rental market in Canada, 2022
Figure 15: Drivers of degree of rivalry in the car rental market in Canada, 2022
Figure 16: Mexico car rental market value: $ billion, 2017-22
Figure 17: Mexico car rental market volume: billion Car Fleet – Absolute Unit, 2017–22
Figure 18: Mexico car rental market category segmentation: $ billion, 2017-2022
Figure 19: Mexico car rental market geography segmentation: % share, by value, 2022
Figure 20: Mexico car rental market value forecast: $ billion, 2022–27
Figure 21: Mexico car rental market volume forecast: billion Car Fleet – Absolute Unit, 2022–27
Figure 22: Forces driving competition in the car rental market in Mexico, 2022
Figure 23: Drivers of buyer power in the car rental market in Mexico, 2022
Figure 24: Drivers of supplier power in the car rental market in Mexico, 2022
Figure 25: Factors influencing the likelihood of new entrants in the car rental market in Mexico, 2022
Figure 26: Factors influencing the threat of substitutes in the car rental market in Mexico, 2022
Figure 27: Drivers of degree of rivalry in the car rental market in Mexico, 2022
Figure 28: United States car rental market value: $ billion, 2017-22
Figure 29: United States car rental market volume: billion Car Fleet – Absolute Unit, 2017–22
Figure 30: United States car rental market category segmentation: $ billion, 2017-2022
Figure 31: United States car rental market geography segmentation: % share, by value, 2022
Figure 32: United States car rental market value forecast: $ billion, 2022–27
Figure 33: United States car rental market volume forecast: billion Car Fleet – Absolute Unit, 2022–27
Figure 34: Forces driving competition in the car rental market in the United States, 2022
Figure 35: Drivers of buyer power in the car rental market in the United States, 2022
Figure 36: Drivers of supplier power in the car rental market in the United States, 2022
Figure 37: Factors influencing the likelihood of new entrants in the car rental market in the United States, 2022
Figure 38: Factors influencing the threat of substitutes in the car rental market in the United States, 2022
Figure 39: Drivers of degree of rivalry in the car rental market in the United States, 2022