Car Rental (Destination) in Hungary

September 2021 | 16 pages | ID: C24A71DDDC5EN
Euromonitor International Ltd

Abstracts

Car rental operators lost the majority of their sales in 2020 and had to implement strict measures in order to survive. Such strategies included reducing fleet sizes, ceasing new car purchases, and moving existing rental fleets to long-term lease clients. Whilst value growth is back in small positive figures in 2021, following the severe declines seen in 2020, the outlook remains somewhat gloomy. Numbers of foreign travellers arriving by air, being an important customer audience for car rentals,...

Euromonitor International's Car Rental (Destination) in Hungary report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest market size data 2016-2020, allowing you to identify the sectors driving growth. It identifies the leading companies and offers strategic analysis of key factors influencing the market - be they new legislative, technology or pricing issues. Background information on disposable income, annual leave and holiday taking habits is also included. Forecasts to 2025 illustrate how the market is set to change.

Product coverage: Business Car Rental, Car Rental Offline, Car Rental Online, Insurance Replacement Car Rental, Leisure Car Rental.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

• Get a detailed picture of the Car Rental (Destination) market;
• Pinpoint growth sectors and identify factors driving change;
• Understand the competitive environment, the market’s major players and leading brands;
• Use five-year forecasts to assess how the market is predicted to develop.

Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.

Contents

CAR RENTAL (DESTINATION) IN HUNGARY
KEY DATA FINDINGS
2021 IMPACT
Car rentals face an ongoing gloomy outlook, due to the severe declines seen in 2020 and slow recovery expected
Car sharing companies pose strong competition to traditional rental companies
RECOVERY AND OPPORTUNITIES
Success of car rentals strongly linked to inbound air travel and business trips, both of which face slow recovery
Fantastic growth prospects for more modern and sustainable car sharing companies
CATEGORY DATA
Table 1 Car Rental Sales: Value 2016-2021
Table 2 Car Rental Online Sales: Value 2016-2021
Table 3 Structure of Car Rental Market 2016-2021
Table 4 Car Rental NBO Company Shares: % Value 2016-2020
Table 5 Car Rental Brands by Key Performance Indicators 2021
Table 6 Forecast Car Rental Sales: Value 2021-2026
Table 7 Forecast Car Rental Online Sales: Value 2021-2026
CHART 1 Inbound Receipts: 2021-2026
CHART 2 Average Spend per Trip for Inbound Arrivals: 2021-2026
TRAVEL IN HUNGARY
EXECUTIVE SUMMARY
Travel in 2021
COVID-19 impact on travel
Company response to COVID-19 in 2021: Airlines and hotels
Impact of COVID-19 on online bookings and travel intermediaries in 2021
What next for travel?
MARKET DATA
Table 8 Other Transport Sales: Value 2016-2021
Table 9 Other Transport Online Sales: Value 2016-2021
Table 10 Forecast Other Transport Sales: Value 2021-2026
Table 11 Forecast Other Transport Online Sales: Value 2021-2026
Table 12 Activities and Experiences: Value 2016-2021
Table 13 Forecast Activities and Experiences: Value 2021-2026
GLOBAL INDUSTRY ENVIRONMENT
DISCLAIMER
SOURCES
Summary 1 Research Sources