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Australia and New Zealand Truck Rental Market Research Report Forecast to 2032

Publisher Market Research Future
Published Mar 15, 2024
Length 108 Pages
SKU # RESFT18646768

Description

Australia and New Zealand Truck Rental Market Research Report Forecast to 2032



The combined market for truck rental in Australia and New Zealand is expected to grow USD 3,199.61 million by 2032 growing at a CAGR of 6.25% over the forecast duration 2023-2032.

The truck rental market in Australia and New Zealand is experiencing significant growth and transformation, driven by various economic factors and industry trends. Both countries exhibit robust demand for truck rentals, stemming from diverse sectors such as logistics, construction, and transportation. The market landscape is characterized by intense competition among major players and an increasing emphasis on technological innovation and sustainability initiatives.

In recent years, the truck rental market in Australia and New Zealand has witnessed steady expansion, buoyed by the growing need for flexible transportation solutions among businesses of all sizes. The rise of e-commerce and the consequent surge in last-mile delivery services have particularly fueled demand for rental trucks, as companies seek agile and cost-effective options to meet evolving consumer expectations. Additionally, the construction industry's ongoing infrastructure projects and the mining sector's logistical requirements contribute significantly to the rental market's momentum.

Sustainability and environmental consciousness are emerging as pivotal themes shaping the truck rental landscape in both Australia and New Zealand. With an increasing focus on reducing carbon emissions and mitigating environmental impact, rental companies are investing in eco-friendly fleet options, including electric and hybrid trucks. Government regulations and incentives further incentivize the adoption of cleaner technologies, fostering a gradual transition towards greener transportation solutions across the industry.

Market Segmentation

Based on type, the Australia and New Zealand Truck Rental market has been segmented into Short-term Rentals (Up to 45 Days), Medium-Term Rental (2 to 12 Months) and Long-Term Rental (Over 12 Months).

On the basis of Truck Size, the Australia and New Zealand Truck Rental market has been segmented into Light-Duty Truck, Medium-Duty Truck and Heavy-Duty Truck.

Based on Truck Category, the Australia and New Zealand Truck Rental market has been segmented into Refrigerated and Non-Refrigerated.

Based on Propulsion, the Australia and New Zealand Truck Rental market has been segmented into ICE and Electric Vehicle (EV). Based on Model, the Australia and New Zealand Truck Rental market has been segmented into B2B and B2C.

Based on Vertical, the Australia and New Zealand Truck Rental market has been segmented into Construction, Courier and Delivery, Food Business, Pharmaceutical Business, Retail, Utilities and Others.

Based on Booking channel, the Australia and New Zealand Truck Rental market has been segmented into Online and Offline.

Major Players

The key market players are Enterprise Holdings, Inc., Penske Corporation, Inc., Thrifty Car & Truck Rental Australia, Discount Car & Truck Rentals, Europcar Mobility Group, Avis Budget Group, Inc., and TR Group.

Companies Mentioned

Enterprise Holdings Inc.
Penske Corporation Inc.
Thrifty Car & Truck Rental Australia
Discount Car & Truck Rentals
Europcar Mobility Group
Avis Budget Group Inc.
and TR Group.

Table of Contents

108 Pages
1 Executive Summary
2 Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.3 Research Objective
2.4 Market Structure
3 Research Methodology
3.1 Overview
3.2 Data Flow
3.2.1 Data Mining Process
3.3 Purchased Database:
3.4 Secondary Sources:
3.4.1 Secondary Research Data Flow:
3.5 Primary Research:
3.5.1 Primary Research Data Flow:
3.5.2 Primary Research: Number Of Interviews Conducted
3.6 Approaches For Market Size Estimation:
3.6.1 Revenue Analysis Approach
3.7 Data Forecasting
3.7.1 Data Forecasting Type
3.8 Data Modeling
3.8.1 Microeconomic Factor Analysis:
3.8.2 Data Modeling:
4 Market Dynamics
4.1 Introduction
4.2 Drivers
4.2.1 Growing Demand For Logistics And Freight Services
4.2.2 Expansion Of E-commerce And Last-mile Delivery
4.3 Restraints
4.3.1 Stringent Regulations On Vehicle Emissions And Safety Standards
4.3.2 High Insurance Costs For Commercial Vehicle Rentals
4.4 Challenges
4.4.1 High Fuel Costs Impacting Operational Expenses
4.4.2 Shortage Of Skilled Truck Drivers Affecting Services
4.5 Opportunity
4.5.1 Adoption Of Advanced Technology In Fleet Management
4.5.2 Opportunities For Eco-friendly Truck Rental Solutions
4.6 Trends
4.6.1 Growth In Demand For Short-term Truck Rentals
4.6.2 Shift Towards Online Booking Platforms And Digital Transactions
4.7 Regulatory Update
4.8 Impact Analysis Of Covid-19
4.8.1 Impact On Truck Rental Business
4.8.2 Impact On End-user Industries
4.8.3 Impact On Supply Chain Delays
4.8.4 Impact On Global Economy
5 Market Factor Analysis
5.1 Supply Chain/Value Chain Analysis
5.1.1 Vehicle Acquisition And Management
5.1.2 Rental And Leasing Services
5.1.3 Logistics And Operations
5.1.4 End-user
5.2 Porter’s Five Forces Model
5.2.1 Threat Of New Entrants
5.2.2 Bargaining Power Of Suppliers
5.2.3 Threat Of Substitutes
5.2.4 Bargaining Power Of Buyers
5.2.5 Intensity Of Rivalry
5.3 Swot Analysis
6 Australia And New Zealand Truck Rental Market, By Type
6.1 Overview
7 Australia And New Zealand Truck Rental Market, By Truck Size
7.1 Overview
8 Australia And New Zealand Truck Rental Market, By Truck Category
8.1 Overview
9 Australia And New Zealand Truck Rental Market, By Propulsion
9.1 Overview
10 Australia And New Zealand Truck Rental Market, By Model
10.1 Overview
11 Australia And New Zealand Truck Rental Market, By Vertical
11.1 Overview
12 Australia And New Zealand Truck Rental Market, By Booking Channel
12.1 Overview
13 Australia And New Zealand Truck Rental Market, By Country
13.1 Australia And New Zealand
13.2 Australia
13.3 New Zealand
14 Competitive Landscape
14.1 Competitive Overview
14.2 Competitive Benchmarking
14.3 Major Players In The Australia & New Zealand Truck Rental Market
15 Company Profiles
15.1 Avis Budget Group, Inc.
15.1.1 Company Overview
15.1.2 Financial Overview
15.1.3 Products Offered
15.1.4 Key Developments
15.1.5 Swot Analysis
15.1.6 Key Strategies
15.2 Thrifty Car & Truck Rental Australia
15.2.1 Company Overview
15.2.2 Financial Overview
15.2.3 Products Offered
15.2.4 Key Developments
15.2.5 Swot Analysis
15.2.6 Key Strategies
15.3 Europcar Mobility Group
15.3.1 Company Overview
15.3.2 Financial Overview
15.3.3 Products Offered
15.3.4 Key Developments
15.3.5 Swot Analysis
15.3.6 Key Strategies
15.4 Penske Corporation, Inc.
15.4.1 Company Overview
15.4.2 Financial Overview
15.4.3 Products/Services Offered
15.4.4 Key Developments
15.4.5 Swot Analysis
15.4.6 Key Strategies
15.5 Discount Car & Truck Rentals
15.5.1 Company Overview
15.5.2 Financial Overview
15.5.3 Products/Services Offered
15.5.4 Key Developments
15.5.5 Swot Analysis
15.5.6 Key Strategies
15.6 Ubiquip Limited
15.6.1 Company Overview
15.6.2 Financial Overview
15.6.3 Products/Services Offered
15.6.4 Key Developments
15.6.5 Swot Analysis
15.6.6 Key Strategies
15.7 Hireace
15.7.1 Company Overview
15.7.2 Financial Overview
15.7.3 Products/Services Offered
15.7.4 Key Developments
15.7.5 Swot Analysis
15.7.6 Key Strategies
15.8 Tr Group
15.8.1 Company Overview
15.8.2 Financial Overview
15.8.3 Products/Services Offered
15.8.4 Key Developments
15.8.5 Swot Analysis
15.8.6 Key Strategies
15.9 Orana Car & Truck Rental
15.9.1 Company Overview
15.9.2 Financial Overview
15.9.3 Products Offered
15.9.4 Key Developments
15.9.5 Swot Analysis
15.9.6 Key Strategies
15.10 Enterprise Holdings, Inc.
15.10.1 Company Overview
15.10.2 Financial Overview
15.10.3 Products Offered
15.10.4 Key Developments
15.10.5 Swot Analysis
15.10.6 Key Strategies
List Of Tables
Table 1 Qfd Modeling For Market Share Assessment
Table 2 Australia And New Zealand Truck Rental Market, By Type, 2019–2032 (Usd Million)
Table 3 Australia And New Zealand Truck Rental Market, By Truck Size, 2019–2032 (Usd Million)
Table 4 Australia And New Zealand Truck Rental Market, By Truck Category, 2019–2032 (Usd Million)
Table 5 Australia And New Zealand Truck Rental Market, By Propulsion, 2019–2032 (Usd Million)
Table 6 Australia And New Zealand Truck Rental Market, By Model, 2019–2032 (Usd Million)
Table 7 Australia And New Zealand Truck Rental Market, By Vertical, 2019–2032 (Usd Million)
Table 8 Australia And New Zealand Truck Rental Market, By Booking Channel, 2019–2032 (Usd Million)
Table 9 Australia And New Zealand Truck Rental Market, By Country, 2019–2032 (Usd Million)
Table 10 Australia Truck Rental Market, By Type, 2019–2032 (Usd Million)
Table 11 Australia Truck Rental Market, By Truck Size, 2019–2032 (Usd Million)
Table 12 Australia Truck Rental Market, By Truck Category, 2019–2032 (Usd Million)
Table 13 Australia Truck Rental Market, By Propulsion, 2019–2032 (Usd Million)
Table 14 Australia Truck Rental Market, By Model, 2019–2032 (Usd Million)
Table 15 Australia Truck Rental Market, By Vertical, 2019–2032 (Usd Million)
Table 16 Australia Truck Rental Market, By Booking Channel, 2019–2032 (Usd Million)
Table 17 New Zealand Truck Rental Market, By Type, 2019–2032 (Usd Million)
Table 18 New Zealand Truck Rental Market, By Truck Size, 2019–2032 (Usd Million)
Table 19 New Zealand Truck Rental Market, By Truck Category, 2019–2032 (Usd Million)
Table 20 New Zealand Truck Rental Market, By Propulsion, 2019–2032 (Usd Million)
Table 21 New Zealand Truck Rental Market, By Model, 2019–2032 (Usd Million)
Table 22 New Zealand Truck Rental Market, By Vertical, 2019–2032 (Usd Million)
Table 23 New Zealand Truck Rental Market, By Booking Channel, 2019–2032 (Usd Million)
Table 24 Major Players In The Australia & New Zealand Truck Rental Market
Table 25 Avis Budget Group, Inc.: Products Offered
Table 26 Thrifty Car & Truck Rental Australia: Products Offered
Table 27 Europcar Mobility Group: Products Offered
Table 28 Europcar Mobility Group: Key Developments
Table 29 Penske Corporation, Inc.: Products/Services Offered
Table 30 Discount Car & Truck Rentals: Products/Services Offered
Table 31 Ubiquip Limited: Products/Services Offered
Table 32 Hireace: Products Offered
Table 33 Tr Group: Products/Services Offered
Table 34 Tr Group: Key Developments
Table 35 Orana Car & Truck Rental: Products Offered
Table 36 Enterprise Holdings, Inc.: Products Offered
List Of Figures
Figure 1 Australia And New Zealand Truck Rental Market: Executive Summary
Figure 2 Australia And New Zealand Truck Rental Market: Structure
Figure 3 Australia And New Zealand Truck Rental Market: Market Growth Factor Analysis (2022-2032)
Figure 4 Driver Impact Analysis (2023-2032)
Figure 5 Restraint Impact Analysis (2022-2032)
Figure 6 Value Chain Analysis Of The Australia And New Zealand Truck Rental Market
Figure 7 Porter’s Five Forces Analysis: Australia And New Zealand Truck Rental Market
Figure 8 Australia And New Zealand Truck Rental Market, By Type, 2022 & 2032 (Usd Million)
Figure 9 Australia And New Zealand Truck Rental Market Share (%), By Type, 2022
Figure 10 Australia And New Zealand Truck Rental Market, By Truck Size, 2022 & 2032 (Usd Million)
Figure 11 Australia And New Zealand Truck Rental Market Share (%), By Truck Size, 2022
Figure 12 Australia And New Zealand Truck Rental Market, By Truck Category, 2022 & 2032 (Usd Million)
Figure 13 Australia And New Zealand Truck Rental Market Share (%), By Truck Category, 2022
Figure 14 Australia And New Zealand Truck Rental Market, By Propulsion, 2022 & 2032 (Usd Million)
Figure 15 Australia And New Zealand Truck Rental Market Share (%), By Propulsion, 2022
Figure 16 Australia And New Zealand Truck Rental Market, By Model, 2022 & 2032 (Usd Million)
Figure 17 Australia And New Zealand Truck Rental Market Share (%), By Model, 2022
Figure 18 Australia And New Zealand Truck Rental Market, By Vertical, 2022 & 2032 (Usd Million)
Figure 19 Australia And New Zealand Truck Rental Market Share (%), By Vertical, 2022
Figure 20 Australia And New Zealand Truck Rental Market, By Booking Channel, 2022 & 2032 (Usd Million)
Figure 21 Australia And New Zealand Truck Rental Market Share (%), By Booking Channel, 2022
Figure 22 Australia And New Zealand Truck Rental Market Share, By Country, 2022 (% Share)
Figure 23 Australia And New Zealand Truck Rental Market, By Country, 2022 & 2032 (Usd Million)
Figure 24 Benchmarking Of Major Competitors
Figure 25 Avis Budget Group, Inc.: Financial Overview Snapshot
Figure 26 Avis Budget Group, Inc.: Swot Analysis
Figure 27 Thrifty Car & Truck Rental Australia: Swot Analysis
Figure 28 Europcar Mobility Group: Swot Analysis
Figure 29 Penske Corporation, Inc.: Swot Analysis
Figure 30 Discount Car & Truck Rentals: Swot Analysis
Figure 31 Ubiquip Limited: Swot Analysis
Figure 32 Hireace: Swot Analysis
Figure 33 Tr Group: Swot Analysis
Figure 34 Orana Car & Truck Rental: Swot Analysis
Figure 35 Enterprise Holdings, Inc.: Swot Analysis

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