The global car rental market size was USD 129.48 billion in 2023, calculated at USD 140.74 billion in 2024 and is expected to reach around USD 324.14 billion by 2034. The market is expanding at a solid CAGR of 8.7% over the forecast period 2024 to 2034.
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
3.1. Market Snapshot
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
5.1. COVID-19 Landscape: Car Rental Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
8.1. Car Rental Market, by Vehicle Type, 2024-2034
8.1.1. Luxury Cars
8.1.1.1. Market Revenue and Forecast (2021-2034)
8.1.2. Economy Cars
8.1.2.1. Market Revenue and Forecast (2021-2034)
8.1.3. SUVs
8.1.3.1. Market Revenue and Forecast (2021-2034)
8.1.4. Executive Cars
8.1.4.1. Market Revenue and Forecast (2021-2034)
8.1.5. MUVs
8.1.5.1. Market Revenue and Forecast (2021-2034)
9.1. Car Rental Market, by Application, 2024-2034
9.1.1. Local Usage
9.1.1.1. Market Revenue and Forecast (2021-2034)
9.1.2. Outstation
9.1.2.1. Market Revenue and Forecast (2021-2034)
9.1.3. Airport Transport
9.1.3.1. Market Revenue and Forecast (2021-2034)
9.1.4. Others
9.1.4.1. Market Revenue and Forecast (2021-2034)
10.1. Car Rental Market, by Rental Duration, 2024-2034
10.1.1. Long-term
10.1.1.1. Market Revenue and Forecast (2021-2034)
10.1.2. Short-term
10.1.2.1. Market Revenue and Forecast (2021-2034)
11.1. North America
11.1.1. Market Revenue and Forecast, by Vehicle (2021-2034)
11.1.2. Market Revenue and Forecast, by Application (2021-2034)
11.1.3. Market Revenue and Forecast, by Rental Duration (2021-2034)
11.1.4. U.S.
11.1.4.1. Market Revenue and Forecast, by Vehicle (2021-2034)
11.1.4.2. Market Revenue and Forecast, by Application (2021-2034)
11.1.4.3. Market Revenue and Forecast, by Rental Duration (2021-2034)
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Forecast, by Vehicle (2021-2034)
11.1.5.2. Market Revenue and Forecast, by Application (2021-2034)
11.1.5.3. Market Revenue and Forecast, by Rental Duration (2021-2034)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Vehicle (2021-2034)
11.2.2. Market Revenue and Forecast, by Application (2021-2034)
11.2.3. Market Revenue and Forecast, by Rental Duration (2021-2034)
11.2.4. UK
11.2.4.1. Market Revenue and Forecast, by Vehicle (2021-2034)
11.2.4.2. Market Revenue and Forecast, by Application (2021-2034)
11.2.4.3. Market Revenue and Forecast, by Rental Duration (2021-2034)
11.2.5. Germany
11.2.5.1. Market Revenue and Forecast, by Vehicle (2021-2034)
11.2.5.2. Market Revenue and Forecast, by Application (2021-2034)
11.2.5.3. Market Revenue and Forecast, by Rental Duration (2021-2034)
11.2.6. France
11.2.6.1. Market Revenue and Forecast, by Vehicle (2021-2034)
11.2.6.2. Market Revenue and Forecast, by Application (2021-2034)
11.2.6.3. Market Revenue and Forecast, by Rental Duration (2021-2034)
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Forecast, by Vehicle (2021-2034)
11.2.7.2. Market Revenue and Forecast, by Application (2021-2034)
11.2.7.3. Market Revenue and Forecast, by Rental Duration (2021-2034)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Vehicle (2021-2034)
11.3.2. Market Revenue and Forecast, by Application (2021-2034)
11.3.3. Market Revenue and Forecast, by Rental Duration (2021-2034)
11.3.4. India
11.3.4.1. Market Revenue and Forecast, by Vehicle (2021-2034)
11.3.4.2. Market Revenue and Forecast, by Application (2021-2034)
11.3.4.3. Market Revenue and Forecast, by Rental Duration (2021-2034)
11.3.5. China
11.3.5.1. Market Revenue and Forecast, by Vehicle (2021-2034)
11.3.5.2. Market Revenue and Forecast, by Application (2021-2034)
11.3.5.3. Market Revenue and Forecast, by Rental Duration (2021-2034)
11.3.6. Japan
11.3.6.1. Market Revenue and Forecast, by Vehicle (2021-2034)
11.3.6.2. Market Revenue and Forecast, by Application (2021-2034)
11.3.6.3. Market Revenue and Forecast, by Rental Duration (2021-2034)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Forecast, by Vehicle (2021-2034)
11.3.7.2. Market Revenue and Forecast, by Application (2021-2034)
11.3.7.3. Market Revenue and Forecast, by Rental Duration (2021-2034)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Vehicle (2021-2034)
11.4.2. Market Revenue and Forecast, by Application (2021-2034)
11.4.3. Market Revenue and Forecast, by Rental Duration (2021-2034)
11.4.4. GCC
11.4.4.1. Market Revenue and Forecast, by Vehicle (2021-2034)
11.4.4.2. Market Revenue and Forecast, by Application (2021-2034)
11.4.4.3. Market Revenue and Forecast, by Rental Duration (2021-2034)
11.4.5. North Africa
11.4.5.1. Market Revenue and Forecast, by Vehicle (2021-2034)
11.4.5.2. Market Revenue and Forecast, by Application (2021-2034)
11.4.5.3. Market Revenue and Forecast, by Rental Duration (2021-2034)
11.4.6. South Africa
11.4.6.1. Market Revenue and Forecast, by Vehicle (2021-2034)
11.4.6.2. Market Revenue and Forecast, by Application (2021-2034)
11.4.6.3. Market Revenue and Forecast, by Rental Duration (2021-2034)
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Forecast, by Vehicle (2021-2034)
11.4.7.2. Market Revenue and Forecast, by Application (2021-2034)
11.4.7.3. Market Revenue and Forecast, by Rental Duration (2021-2034)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Vehicle (2021-2034)
11.5.2. Market Revenue and Forecast, by Application (2021-2034)
11.5.3. Market Revenue and Forecast, by Rental Duration (2021-2034)
11.5.4. Brazil
11.5.4.1. Market Revenue and Forecast, by Vehicle (2021-2034)
11.5.4.2. Market Revenue and Forecast, by Application (2021-2034)
11.5.4.3. Market Revenue and Forecast, by Rental Duration (2021-2034)
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Forecast, by Vehicle (2021-2034)
11.5.5.2. Market Revenue and Forecast, by Application (2021-2034)
11.5.5.3. Market Revenue and Forecast, by Rental Duration (2021-2034)
12.1. Avis Budget Group
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Europecar
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Enterprise Holdings Inc.
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. The Hertz Corporation
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. Toyota Rent-a-Car
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Sixt SE
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. Alamo Rent-a-Car LLC
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Carzonrent India Pvt Ltd
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Localiza
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. ANI Technologies Pvt. Ltd
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
14.1. About Us
14.2. Glossary of Terms
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