Car Rental North America (NAFTA) Industry Guide 2020-2029

November 2025 | 102 pages | ID: CF84321CD3DEN
MarketLine

Abstracts

Summary

The NAFTA Car Rental industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume , and forecast to 2029). 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 $45,262.2 million in 2024.The Mexico was the fastest growing country, with a CAGR of 35.5% over the 2020-24 period.
• Within the car rental industry, the US is the leading country among the NAFTA bloc, with market revenues of $41,944.4 million in 2024. This was followed by Canada and Mexico, with a value of $2,568.2 and $749.6 million, respectively.
• The US is expected to lead the car rental industry in the NAFTA bloc, with a value of $60,606.5 million in 2029, followed by Canada and Mexico with expected values of $3,898.2 and $1,132.2 million, respectively.

Scope

• 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

Reasons to Buy

• What was the size of the NAFTA car rental market by value in 2024?
• What will be the size of the NAFTA car rental market in 2029?
• 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?

Contents

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. Enterprise Holdings Inc
9.4. Hertz Global Holdings Inc
9.5. Alamo Rent a Car Mexico
9.6. Sixt SE
9.7. Europcar Mobility Group SA
9.8. eHi Car Services Limited
9.9. CAR Inc
9.10. Nippon Rent-A-Car Service, Inc.
9.11. Nissan Car Rental Solutions Co., Ltd.

10 APPENDIX

10.1. Methodology
10.2. About MarketLine

List Of Tables

LIST OF TABLES

Table 1: NAFTA countries car rental industry, revenue ($m), 2020-29
Table 2: NAFTA countries car rental industry, revenue ($m), 2020-24
Table 3: NAFTA countries car rental industry forecast, revenue ($m), 2024-29
Table 4: Canada car rental market value: $ million, 2019-24
Table 5: Canada car rental market volume: car fleet, 2019-24
Table 6: Canada car rental market category segmentation: % share, by value, 2019-24
Table 7: Canada car rental market category segmentation: $ million, 2019-24
Table 8: Canada car rental market geography segmentation: $ million, 2024
Table 9: Canada car rental market distribution: % share, by value, 2024
Table 10: Canada car rental market value forecast: $ million, 2024-29
Table 11: Canada car rental market volume forecast: car fleet, 2024-29
Table 12: Canada Size of Population (Million), 2020-24
Table 13: Canada Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 14: Canada GDP (Current Prices, $ Billion), 2020-24
Table 15: Canada Inflation, 2020-24
Table 16: Canada Consumer Price Index (Absolute), 2020-24
Table 17: Canada Exchange Rate, 2019-24
Table 18: Mexico car rental market value: $ million, 2019-24
Table 19: Mexico car rental market volume: car fleet, 2019-24
Table 20: Mexico car rental market category segmentation: % share, by value, 2019-24
Table 21: Mexico car rental market category segmentation: $ million, 2019-24
Table 22: Mexico car rental market geography segmentation: $ million, 2024
Table 23: Mexico car rental market distribution: % share, by value, 2024
Table 24: Mexico car rental market value forecast: $ million, 2024-29
Table 25: Mexico car rental market volume forecast: car fleet, 2024-29
Table 26: Mexico Size of Population (Million), 2020-24
Table 27: Mexico Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 28: Mexico GDP (Current Prices, $ Billion), 2020-24
Table 29: Mexico Inflation, 2020-24
Table 30: Mexico Consumer Price Index (Absolute), 2020-24
Table 31: Mexico Exchange Rate, 2019-24
Table 32: United States car rental market value: $ million, 2019-24
Table 33: United States car rental market volume: car fleet, 2019-24
Table 34: United States car rental market category segmentation: % share, by value, 2019-24
Table 35: United States car rental market category segmentation: $ million, 2019-24
Table 36: United States car rental market geography segmentation: $ million, 2024
Table 37: United States car rental market distribution: % share, by value, 2024
Table 38: United States car rental market value forecast: $ million, 2024-29
Table 39: United States car rental market volume forecast: car fleet, 2024-29
Table 40: United States Size of Population (Million), 2020-24
Table 41: United States Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 42: United States GDP (Current Prices, $ Billion), 2020-24
Table 43: United States Inflation, 2020-24
Table 44: United States Consumer Price Index (Absolute), 2020-24
Table 45: United States Exchange Rate, 2019-24

List Of Figures

LIST OF FIGURES

Figure 1: NAFTA countries car rental industry, revenue ($m), 2020-29
Figure 2: NAFTA countries car rental industry, revenue ($m), 2020-24
Figure 3: NAFTA countries car rental industry forecast, revenue ($m), 2024-29
Figure 4: Canada car rental market value: $ million, 2019-24
Figure 5: Canada car rental market volume: car fleet, 2019-24
Figure 6: Canada car rental market category segmentation: $ million, 2019-24
Figure 7: Canada car rental market geography segmentation: % share, by value, 2024
Figure 8: Canada car rental market distribution: % share, by value, 2024
Figure 9: Canada car rental market value forecast: $ million, 2024-29
Figure 10: Canada car rental market volume forecast: car fleet, 2024-29
Figure 11: Forces driving competition in the car rental market in Canada, 2024
Figure 12: Drivers of buyer power in the car rental market in Canada, 2024
Figure 13: Drivers of supplier power in the car rental market in Canada, 2024
Figure 14: Factors influencing the likelihood of new entrants in the car rental market in Canada, 2024
Figure 15: Factors influencing the threat of substitutes in the car rental market in Canada, 2024
Figure 16: Drivers of degree of rivalry in the car rental market in Canada, 2024
Figure 17: Mexico car rental market value: $ million, 2019-24
Figure 18: Mexico car rental market volume: car fleet, 2019-24
Figure 19: Mexico car rental market category segmentation: $ million, 2019-24
Figure 20: Mexico car rental market geography segmentation: % share, by value, 2024
Figure 21: Mexico car rental market distribution: % share, by value, 2024
Figure 22: Mexico car rental market value forecast: $ million, 2024-29
Figure 23: Mexico car rental market volume forecast: car fleet, 2024-29
Figure 24: Forces driving competition in the car rental market in Mexico, 2024
Figure 25: Drivers of buyer power in the car rental market in Mexico, 2024
Figure 26: Drivers of supplier power in the car rental market in Mexico, 2024
Figure 27: Factors influencing the likelihood of new entrants in the car rental market in Mexico, 2024
Figure 28: Factors influencing the threat of substitutes in the car rental market in Mexico, 2024
Figure 29: Drivers of degree of rivalry in the car rental market in Mexico, 2024
Figure 30: United States car rental market value: $ million, 2019-24
Figure 31: United States car rental market volume: car fleet, 2019-24
Figure 32: United States car rental market category segmentation: $ million, 2019-24
Figure 33: United States car rental market geography segmentation: % share, by value, 2024
Figure 34: United States car rental market distribution: % share, by value, 2024
Figure 35: United States car rental market value forecast: $ million, 2024-29
Figure 36: United States car rental market volume forecast: car fleet, 2024-29
Figure 37: Forces driving competition in the car rental market in the United States, 2024
Figure 38: Drivers of buyer power in the car rental market in the United States, 2024
Figure 39: Drivers of supplier power in the car rental market in the United States, 2024
Figure 40: Factors influencing the likelihood of new entrants in the car rental market in the United States, 2024
Figure 41: Factors influencing the threat of substitutes in the car rental market in the United States, 2024
Figure 42: Drivers of degree of rivalry in the car rental market in the United States, 2024