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Car Sharing Activities in the UK - Industry Market Research Report

Publisher IBISWorld
Published Nov 27, 2024
Length 72 Pages
SKU # IBSS19493381

Description

Car Sharing Activities in the UK - Industry Market Research Report


Car Sharing Activities in the UK

Car sharing providers offer a membership-based service that provides people with access to cars at a low cost and on a flexible basis. The rate of memberships of car sharing clubs has doubled over the past decade. The growth of memberships means car sharing companies have boosted investment in vehicles to cope with soaring sales. Local authorities encourage car sharing clubs to reduce the number of cars on the road and some companies operate in partnership with local councils. Revenue is forecast to expand at a compound annual rate of 2.7% over the five years through 2022-23 to £214.1 million, including an expected rise of 3.8% in 2022-23.

This industry is composed of establishments that offer membership-based car rental services, typically for shorter time periods and distances than traditional car rental and leasing firms. Although pricing structures may vary, car sharing companies often charge by the mile and by the minute or hour, in addition to a flat fee.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Table of Contents

72 Pages
ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Major Markets
Globalisation & Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Pricing

Currency Rates
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