Car Rental Business is a service to rent car.
LPI (LP Information)' newest research report, the “Car Rental Business Industry Forecast” looks at past sales and reviews total world Car Rental Business sales in 2022, providing a comprehensive analysis by region and market sector of projected Car Rental Business sales for 2023 through 2029. With Car Rental Business sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Car Rental Business industry.
This Insight Report provides a comprehensive analysis of the global Car Rental Business landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Car Rental Business portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Car Rental Business market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Car Rental Business and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Car Rental Business.
The global Car Rental Business market size is projected to grow from US$ 70890 million in 2022 to US$ 89350 million in 2029; it is expected to grow at a CAGR of 3.4% from 2023 to 2029.
North America is envisioned to emerge as a predominant region over the forecast period owing to the favorable consumer preferences coupled with the presence of a large number of key operators in the region. The North American car rental market was valued at approximately USD 40 billion in 2017. Increasing number of air travelers along with leisure and business trips, both domestic and international, has led to an increase in the demand for such services in the region.
This report presents a comprehensive overview, market shares, and growth opportunities of Car Rental Business market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Multi Utility Vehicles (MUVs)
Sports Utility Vehicles (SUVs)
Economy Cars
Executive Cars
Luxury Cars
Segmentation by application
On-airport Rentals
Off-airport Rentals
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Avis Budget Group
Enterprise Rent-A-Car
Europcar
The Hertz Corporation
Sixt
Localiza Rent a Car
Eco Rent A Car
Carzonrent India Private Limited (CIPL)
Al-Futtaim Vehicle Rentals Company

1 Scope of the Report 1.1 Market Introduction 1.2 Years Considered 1.3 Research Objectives 1.4 Market Research Methodology 1.5 Research Process and Data Source 1.6 Economic Indicators 1.7 Currency Considered 1.8 Market Estimation Caveats 2 Executive Summary 2.1 World Market Overview 2.1.1 Global Car Rental Business Market Size 2018-2029 2.1.2 Car Rental Business Market Size CAGR by Region 2018 VS 2022 VS 2029 2.2 Car Rental Business Segment by Type 2.2.1 Multi Utility Vehicles (MUVs) 2.2.2 Sports Utility Vehicles (SUVs) 2.2.3 Economy Cars 2.2.4 Executive Cars 2.2.5 Luxury Cars 2.3 Car Rental Business Market Size by Type 2.3.1 Car Rental Business Market Size CAGR by Type (2018 VS 2022 VS 2029) 2.3.2 Global Car Rental Business Market Size Market Share by Type (2018-2023) 2.4 Car Rental Business Segment by Application 2.4.1 On-airport Rentals 2.4.2 Off-airport Rentals 2.5 Car Rental Business Market Size by Application 2.5.1 Car Rental Business Market Size CAGR by Application (2018 VS 2022 VS 2029) 2.5.2 Global Car Rental Business Market Size Market Share by Application (2018-2023) 3 Car Rental Business Market Size by Player 3.1 Car Rental Business Market Size Market Share by Players 3.1.1 Global Car Rental Business Revenue by Players (2018-2023) 3.1.2 Global Car Rental Business Revenue Market Share by Players (2018-2023) 3.2 Global Car Rental Business Key Players Head office and Products Offered 3.3 Market Concentration Rate Analysis 3.3.1 Competition Landscape Analysis 3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2021-2023) 3.4 New Products and Potential Entrants 3.5 Mergers & Acquisitions, Expansion 4 Car Rental Business by Regions 4.1 Car Rental Business Market Size by Regions (2018-2023) 4.2 Americas Car Rental Business Market Size Growth (2018-2023) 4.3 APAC Car Rental Business Market Size Growth (2018-2023) 4.4 Europe Car Rental Business Market Size Growth (2018-2023) 4.5 Middle East & Africa Car Rental Business Market Size Growth (2018-2023) 5 Americas 5.1 Americas Car Rental Business Market Size by Country (2018-2023) 5.2 Americas Car Rental Business Market Size by Type (2018-2023) 5.3 Americas Car Rental Business Market Size by Application (2018-2023) 5.4 United States 5.5 Canada 5.6 Mexico 5.7 Brazil 6 APAC 6.1 APAC Car Rental Business Market Size by Region (2018-2023) 6.2 APAC Car Rental Business Market Size by Type (2018-2023) 6.3 APAC Car Rental Business Market Size by Application (2018-2023) 6.4 China 6.5 Japan 6.6 Korea 6.7 Southeast Asia 6.8 India 6.9 Australia 7 Europe 7.1 Europe Car Rental Business by Country (2018-2023) 7.2 Europe Car Rental Business Market Size by Type (2018-2023) 7.3 Europe Car Rental Business Market Size by Application (2018-2023) 7.4 Germany 7.5 France 7.6 UK 7.7 Italy 7.8 Russia 8 Middle East & Africa 8.1 Middle East & Africa Car Rental Business by Region (2018-2023) 8.2 Middle East & Africa Car Rental Business Market Size by Type (2018-2023) 8.3 Middle East & Africa Car Rental Business Market Size by Application (2018-2023) 8.4 Egypt 8.5 South Africa 8.6 Israel 8.7 Turkey 8.8 GCC Countries 9 Market Drivers, Challenges and Trends 9.1 Market Drivers & Growth Opportunities 9.2 Market Challenges & Risks 9.3 Industry Trends 10 Global Car Rental Business Market Forecast 10.1 Global Car Rental Business Forecast by Regions (2024-2029) 10.1.1 Global Car Rental Business Forecast by Regions (2024-2029) 10.1.2 Americas Car Rental Business Forecast 10.1.3 APAC Car Rental Business Forecast 10.1.4 Europe Car Rental Business Forecast 10.1.5 Middle East & Africa Car Rental Business Forecast 10.2 Americas Car Rental Business Forecast by Country (2024-2029) 10.2.1 United States Car Rental Business Market Forecast 10.2.2 Canada Car Rental Business Market Forecast 10.2.3 Mexico Car Rental Business Market Forecast 10.2.4 Brazil Car Rental Business Market Forecast 10.3 APAC Car Rental Business Forecast by Region (2024-2029) 10.3.1 China Car Rental Business Market Forecast 10.3.2 Japan Car Rental Business Market Forecast 10.3.3 Korea Car Rental Business Market Forecast 10.3.4 Southeast Asia Car Rental Business Market Forecast 10.3.5 India Car Rental Business Market Forecast 10.3.6 Australia Car Rental Business Market Forecast 10.4 Europe Car Rental Business Forecast by Country (2024-2029) 10.4.1 Germany Car Rental Business Market Forecast 10.4.2 France Car Rental Business Market Forecast 10.4.3 UK Car Rental Business Market Forecast 10.4.4 Italy Car Rental Business Market Forecast 10.4.5 Russia Car Rental Business Market Forecast 10.5 Middle East & Africa Car Rental Business Forecast by Region (2024-2029) 10.5.1 Egypt Car Rental Business Market Forecast 10.5.2 South Africa Car Rental Business Market Forecast 10.5.3 Israel Car Rental Business Market Forecast 10.5.4 Turkey Car Rental Business Market Forecast 10.5.5 GCC Countries Car Rental Business Market Forecast 10.6 Global Car Rental Business Forecast by Type (2024-2029) 10.7 Global Car Rental Business Forecast by Application (2024-2029) 11 Key Players Analysis 11.1 Avis Budget Group 11.1.1 Avis Budget Group Company Information 11.1.2 Avis Budget Group Car Rental Business Product Offered 11.1.3 Avis Budget Group Car Rental Business Revenue, Gross Margin and Market Share (2018-2023) 11.1.4 Avis Budget Group Main Business Overview 11.1.5 Avis Budget Group Latest Developments 11.2 Enterprise Rent-A-Car 11.2.1 Enterprise Rent-A-Car Company Information 11.2.2 Enterprise Rent-A-Car Car Rental Business Product Offered 11.2.3 Enterprise Rent-A-Car Car Rental Business Revenue, Gross Margin and Market Share (2018-2023) 11.2.4 Enterprise Rent-A-Car Main Business Overview 11.2.5 Enterprise Rent-A-Car Latest Developments 11.3 Europcar 11.3.1 Europcar Company Information 11.3.2 Europcar Car Rental Business Product Offered 11.3.3 Europcar Car Rental Business Revenue, Gross Margin and Market Share (2018-2023) 11.3.4 Europcar Main Business Overview 11.3.5 Europcar Latest Developments 11.4 The Hertz Corporation 11.4.1 The Hertz Corporation Company Information 11.4.2 The Hertz Corporation Car Rental Business Product Offered 11.4.3 The Hertz Corporation Car Rental Business Revenue, Gross Margin and Market Share (2018-2023) 11.4.4 The Hertz Corporation Main Business Overview 11.4.5 The Hertz Corporation Latest Developments 11.5 Sixt 11.5.1 Sixt Company Information 11.5.2 Sixt Car Rental Business Product Offered 11.5.3 Sixt Car Rental Business Revenue, Gross Margin and Market Share (2018-2023) 11.5.4 Sixt Main Business Overview 11.5.5 Sixt Latest Developments 11.6 Localiza Rent a Car 11.6.1 Localiza Rent a Car Company Information 11.6.2 Localiza Rent a Car Car Rental Business Product Offered 11.6.3 Localiza Rent a Car Car Rental Business Revenue, Gross Margin and Market Share (2018-2023) 11.6.4 Localiza Rent a Car Main Business Overview 11.6.5 Localiza Rent a Car Latest Developments 11.7 Eco Rent A Car 11.7.1 Eco Rent A Car Company Information 11.7.2 Eco Rent A Car Car Rental Business Product Offered 11.7.3 Eco Rent A Car Car Rental Business Revenue, Gross Margin and Market Share (2018-2023) 11.7.4 Eco Rent A Car Main Business Overview 11.7.5 Eco Rent A Car Latest Developments 11.8 Carzonrent India Private Limited (CIPL) 11.8.1 Carzonrent India Private Limited (CIPL) Company Information 11.8.2 Carzonrent India Private Limited (CIPL) Car Rental Business Product Offered 11.8.3 Carzonrent India Private Limited (CIPL) Car Rental Business Revenue, Gross Margin and Market Share (2018-2023) 11.8.4 Carzonrent India Private Limited (CIPL) Main Business Overview 11.8.5 Carzonrent India Private Limited (CIPL) Latest Developments 11.9 Al-Futtaim Vehicle Rentals Company 11.9.1 Al-Futtaim Vehicle Rentals Company Company Information 11.9.2 Al-Futtaim Vehicle Rentals Company Car Rental Business Product Offered 11.9.3 Al-Futtaim Vehicle Rentals Company Car Rental Business Revenue, Gross Margin and Market Share (2018-2023) 11.9.4 Al-Futtaim Vehicle Rentals Company Main Business Overview 11.9.5 Al-Futtaim Vehicle Rentals Company Latest Developments 12 Research Findings and Conclusion