
Car Rental in Asia-Pacific
Description
Car Rental in Asia-Pacific
Summary
Car Rental in Asia-Pacific industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, 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
- Car rental refers to the short-term hiring of a motor vehicle from one party to another, typically excluding taxis. Our market scope includes only self-driven, short term (i.e., less than 1 year) car rental data. It excludes leasing or rental of cars for more than one year and the chauffeur driven cars/cabs.
- The Asia-Pacific car rental market recorded revenues of $10,648.4 million in 2023, representing a negative compound annual growth rate (CAGR) of 6.9% between 2018 and 2023.
- Market consumption volume increased with a CAGR of 0.2% between 2018 and 2023, to reach a total of 15,38,701 car fleet in 2023.
- In 2023, the Asia-Pacific car rental market experienced strong growth, driven by key macroeconomic factors, including rising GDP. For instance, India’s real GDP growth rate reached 6.4% in 2023, according to the Ministry of Statistics and Program Implementation (MOSPI).
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the car rental market in Asia-Pacific
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the car rental market in Asia-Pacific
- Leading company profiles reveal details of key car rental market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Asia-Pacific car rental market with five year forecasts
- What was the size of the Asia-Pacific car rental market by value in 2023?
- What will be the size of the Asia-Pacific car rental market in 2028?
- What factors are affecting the strength of competition in the Asia-Pacific car rental market?
- How has the market performed over the last five years?
- What are the main segments that make up Asia-Pacific's car rental market?
Table of Contents
43 Pages
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market rivalry
- 1.8. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What are the strategies of the leading players?
- 7.3. What are the strengths of the leading players?
- 7.4. What are the challenges the car rental industry faces in Asia-Pacific?
- 8 Company Profiles
- 8.1. Hertz Global Holdings Inc
- 8.2. Avis Budget Group Inc
- 8.3. CAR Inc
- 8.4. Europcar Mobility Group SA
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Asia-Pacific car rental market value: $ million, 2018-23
- Table 2: Asia-Pacific car rental market volume: car fleet, 2018-23
- Table 3: Asia-Pacific car rental market category segmentation: % share, by value, 2018-23
- Table 4: Asia-Pacific car rental market category segmentation: $ million, 2018-23
- Table 5: Asia-Pacific car rental market geography segmentation: $ million, 2023
- Table 6: Asia-Pacific car rental market value forecast: $ million, 2023-28
- Table 7: Asia-Pacific car rental market volume forecast: car fleet, 2023-28
- Table 8: Hertz Global Holdings Inc: Key Facts
- Table 9: Hertz Global Holdings Inc: Annual Financial Ratios
- Table 10: Hertz Global Holdings Inc: Key Employees
- Table 11: Hertz Global Holdings Inc: Key Employees Continued
- Table 12: Avis Budget Group Inc: Key Facts
- Table 13: Avis Budget Group Inc: Annual Financial Ratios
- Table 14: Avis Budget Group Inc: Key Employees
- Table 15: CAR Inc: Key Facts
- Table 16: CAR Inc: Key Employees
- Table 17: Europcar Mobility Group SA: Key Facts
- Table 18: Europcar Mobility Group SA: Key Employees
- Table 19: Asia-Pacific Exchange Rate, 2018-23
- List of Figures
- Figure 1: 220 Laboratories Inc: Deal Activity by Deal Type - Volume (2020 - YTD*2024)
- Figure 2: 220 Laboratories Inc: Private Equity and Ownership Volume and Value Trend (2020 - YTD*2024)
- Figure 3: 220 Laboratories Inc: Private Equity and Ownership Volume by Deal Type (2020 - YTD*2024)
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