
Car Rental in China
Description
Car Rental in China
Summary
Car Rental in China industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 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 Chinese car rental market recorded revenues of $1,662.2 million in 2023, representing a negative compound annual growth rate (CAGR) of 6.1% between 2018 and 2023.
- Market volumes declined with a negative CAGR of 2.0% between 2018 and 2023, to reach a total of 163,268 car fleet in 2023.
- In 2023, the Chinese car rental market experienced growth driven by an increase in disposable income, according to the Chinese government, the per capita disposable income rose by 6.1% annually, reaching CNY39,218.0 ($5,536.1).
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the car rental market in China
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the car rental market in China
- 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 China car rental market with five year forecasts by both value and volume
- What was the size of the China car rental market by value in 2023?
- What will be the size of the China car rental market in 2028?
- What factors are affecting the strength of competition in the China car rental market?
- How has the market performed over the last five years?
- Who are the top competitors in China'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
- 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 China?
- 8 Company Profiles
- 8.1. CAR Inc
- 8.2. eHi Car Services Limited
- 8.3. Avis Budget Group Inc
- 8.4. Hertz Global Holdings 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: China car rental market value: $ million, 2018-23
- Table 2: China car rental market volume: car fleet, 2018-23
- Table 3: China car rental market category segmentation: % share, by value, 2018-23
- Table 4: China car rental market category segmentation: $ million, 2018-23
- Table 5: China car rental market geography segmentation: $ million, 2023
- Table 6: China car rental market value forecast: $ million, 2023-28
- Table 7: China car rental market volume forecast: car fleet, 2023-28
- Table 8: CAR Inc: Key Facts
- Table 9: CAR Inc: Key Employees
- Table 10: eHi Car Services Limited: Key Facts
- Table 11: eHi Car Services Limited: Key Employees
- 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: Hertz Global Holdings Inc: Key Facts
- Table 16: Hertz Global Holdings Inc: Annual Financial Ratios
- Table 17: Hertz Global Holdings Inc: Key Employees
- Table 18: Hertz Global Holdings Inc: Key Employees Continued
- Table 19: China Size of Population (million), 2019-23
- Table 20: China Real GDP (constant 2010 prices, $ billion), 2019-23
- Table 21: China GDP (current prices, $ billion), 2019-23
- Table 22: China Inflation, 2019-23
- Table 23: China Consumer Price Index (absolute), 2019-23
- Table 24: China 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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