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Car Rental in Asia-Pacific

Publisher MarketLine
Published Oct 23, 2025
Length 42 Pages
SKU # MTLN20768468

Description

Car Rental in Asia-Pacific

Summary

Car Rental in Asia-Pacific industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2019-24, 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
  • 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 $11,681.6 million in 2024, representing a negative compound annual growth rate (CAGR) of 6.6% between 2019 and 2024.
  • Market consumption volume increased with a CAGR of 0.3% between 2019 and 2024, reaching a total of 1,624,865.5 Absolute units in 2024.
  • The Asia-Pacific car rental market accounted for 14.3% of the global car rental market in 2024. The growth is driven by a rise in travel and tourism, largely attributed to an increase in consumer gross disposable income per household. According to the World Bank, the gross disposable income per household in China reached $26,581.3, reflecting a 6.6% increase from 2023.
Scope
  • 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 by both value and volume
Reasons to Buy
  • What was the size of the Asia-Pacific car rental market by value in 2024?
  • What will be the size of the Asia-Pacific car rental market in 2029?
  • 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?
  • Who are the top competitors in Asia-Pacific's car rental market?

Table of Contents

42 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
4.3. Market distribution
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 recent developments in the market?
8 Company Profiles
8.1. eHi Car Services Limited
8.2. Hertz Global Holdings Inc
8.3. CAR Inc
8.4. Avis Budget Group Inc
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, 2019-24
Table 2: Asia-Pacific car rental market volume: car fleet, 2019-24
Table 3: Asia-Pacific car rental market category segmentation: % share, by value, 2019-24
Table 4: Asia-Pacific car rental market category segmentation: $ million, 2019-24
Table 5: Asia-Pacific car rental market geography segmentation: $ million, 2024
Table 6: Asia-Pacific car rental market distribution: % share, by value, 2024
Table 7: Asia-Pacific car rental market value forecast: $ million, 2024-29
Table 8: Asia-Pacific car rental market volume forecast: car fleet, 2024-29
Table 9: eHi Car Services Limited: Key Facts
Table 10: eHi Car Services Limited: Key Employees
Table 11: Hertz Global Holdings Inc: Key Facts
Table 12: Hertz Global Holdings Inc: Annual Financial Ratios
Table 13: Hertz Global Holdings Inc: Key Employees
Table 14: CAR Inc: Key Facts
Table 15: CAR Inc: Key Employees
Table 16: Avis Budget Group Inc: Key Facts
Table 17: Avis Budget Group Inc: Annual Financial Ratios
Table 18: Avis Budget Group Inc: Key Employees
Table 19: Asia-Pacific Exchange Rate, 2019-24
List of Figures
Figure 1: Asia-Pacific car rental market value: $ million, 2019-24
Figure 2: Asia-Pacific car rental market volume: car fleet, 2019-24
Figure 3: Asia-Pacific car rental market category segmentation: $ million, 2019-24
Figure 4: Asia-Pacific car rental market geography segmentation: % share, by value, 2024
Figure 5: Asia-Pacific car rental market distribution: % share, by value, 2024
Figure 6: Asia-Pacific car rental market value forecast: $ million, 2024-29
Figure 7: Asia-Pacific car rental market volume forecast: car fleet, 2024-29
Figure 8: Forces driving competition in the car rental market in Asia-Pacific, 2024
Figure 9: Drivers of buyer power in the car rental market in Asia-Pacific, 2024
Figure 10: Drivers of supplier power in the car rental market in Asia-Pacific, 2024
Figure 11: Factors influencing the likelihood of new entrants in the car rental market in Asia-Pacific, 2024
Figure 12: Factors influencing the threat of substitutes in the car rental market in Asia-Pacific, 2024
Figure 13: Drivers of degree of rivalry in the car rental market in Asia-Pacific, 2024

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