The global Long Term Car Rental market size is projected to grow from US$ 1382.3 million in 2022 to US$ 1902.4 million in 2029; it is expected to grow at a CAGR of 4.7% from 2023 to 2029.
The long term car rental market is growing steadily due to the increasing demand for rental cars for extended periods of time. Major sales regions for long term car rental include North America, Europe, Asia Pacific, and Latin America. North America and Europe are the largest markets due to the high disposable income of consumers and the presence of major car rental companies.

The market concentration is high, with major players such as Enterprise Rent-A-Car, Hertz, Avis Budget Group, and Europcar dominating the market. These companies have a strong presence in multiple regions and offer a wide range of rental options, including long term rentals.

One of the major opportunities in the long term car rental market is the growing trend of subscription-based car rental services. These services offer customers the option to rent a car for a longer period of time, typically a month or more, and include maintenance and insurance in the rental price. This model is becoming increasingly popular among consumers who want the flexibility of a rental car without the commitment of a long-term lease.

However, the long term car rental market also faces challenges such as increasing competition from ride-sharing services and the rising cost of owning and maintaining a rental fleet. Additionally, the COVID-19 pandemic has had a significant impact on the market, with many rental companies experiencing a decline in demand due to travel restrictions and reduced consumer spending.

Overall, the long term car rental market is expected to continue growing in the coming years, driven by the increasing demand for flexible transportation options and the rise of subscription-based rental services. However, companies will need to adapt to changing consumer preferences and market conditions in order to remain competitive.
LPI (LP Information)' newest research report, the “Long Term Car Rental Industry Forecast” looks at past sales and reviews total world Long Term Car Rental sales in 2022, providing a comprehensive analysis by region and market sector of projected Long Term Car Rental sales for 2023 through 2029. With Long Term Car Rental sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Long Term Car Rental industry.
This Insight Report provides a comprehensive analysis of the global Long Term Car Rental 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 Long Term Car Rental portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Long Term Car Rental market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Long Term Car Rental 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 Long Term Car Rental.
This report presents a comprehensive overview, market shares, and growth opportunities of Long Term Car Rental market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Monthly Car Rental
Annual Car Rental
Multi-year Car Rental
Segmentation by application
Personal Use
Business Use
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.
Enterprise
Budget
SIXT
Avis
Europcar
Trevo
Hertz
Snap Rentals
Xtracars
FINN
DriveMyCar
HelloCars
Woodford
TravelSupermarket
Maggiore Rent
Goldcar
Thrifty
Alamo
Oscar Car Rental
OK Mobility
First Car Rental
Tempest Car Hire
Record go
Yelo
Selfdrive
Easirent
Marbesol
Buchbinder
Budgetcatcher
Costa Rent

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 Long Term Car Rental Market Size 2018-2029 2.1.2 Long Term Car Rental Market Size CAGR by Region 2018 VS 2022 VS 2029 2.2 Long Term Car Rental Segment by Type 2.2.1 Monthly Car Rental 2.2.2 Annual Car Rental 2.2.3 Multi-year Car Rental 2.3 Long Term Car Rental Market Size by Type 2.3.1 Long Term Car Rental Market Size CAGR by Type (2018 VS 2022 VS 2029) 2.3.2 Global Long Term Car Rental Market Size Market Share by Type (2018-2023) 2.4 Long Term Car Rental Segment by Application 2.4.1 Personal Use 2.4.2 Business Use 2.5 Long Term Car Rental Market Size by Application 2.5.1 Long Term Car Rental Market Size CAGR by Application (2018 VS 2022 VS 2029) 2.5.2 Global Long Term Car Rental Market Size Market Share by Application (2018-2023) 3 Long Term Car Rental Market Size by Player 3.1 Long Term Car Rental Market Size Market Share by Players 3.1.1 Global Long Term Car Rental Revenue by Players (2018-2023) 3.1.2 Global Long Term Car Rental Revenue Market Share by Players (2018-2023) 3.2 Global Long Term Car Rental 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 Long Term Car Rental by Regions 4.1 Long Term Car Rental Market Size by Regions (2018-2023) 4.2 Americas Long Term Car Rental Market Size Growth (2018-2023) 4.3 APAC Long Term Car Rental Market Size Growth (2018-2023) 4.4 Europe Long Term Car Rental Market Size Growth (2018-2023) 4.5 Middle East & Africa Long Term Car Rental Market Size Growth (2018-2023) 5 Americas 5.1 Americas Long Term Car Rental Market Size by Country (2018-2023) 5.2 Americas Long Term Car Rental Market Size by Type (2018-2023) 5.3 Americas Long Term Car Rental Market Size by Application (2018-2023) 5.4 United States 5.5 Canada 5.6 Mexico 5.7 Brazil 6 APAC 6.1 APAC Long Term Car Rental Market Size by Region (2018-2023) 6.2 APAC Long Term Car Rental Market Size by Type (2018-2023) 6.3 APAC Long Term Car Rental 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 Long Term Car Rental by Country (2018-2023) 7.2 Europe Long Term Car Rental Market Size by Type (2018-2023) 7.3 Europe Long Term Car Rental 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 Long Term Car Rental by Region (2018-2023) 8.2 Middle East & Africa Long Term Car Rental Market Size by Type (2018-2023) 8.3 Middle East & Africa Long Term Car Rental 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 Long Term Car Rental Market Forecast 10.1 Global Long Term Car Rental Forecast by Regions (2024-2029) 10.1.1 Global Long Term Car Rental Forecast by Regions (2024-2029) 10.1.2 Americas Long Term Car Rental Forecast 10.1.3 APAC Long Term Car Rental Forecast 10.1.4 Europe Long Term Car Rental Forecast 10.1.5 Middle East & Africa Long Term Car Rental Forecast 10.2 Americas Long Term Car Rental Forecast by Country (2024-2029) 10.2.1 United States Long Term Car Rental Market Forecast 10.2.2 Canada Long Term Car Rental Market Forecast 10.2.3 Mexico Long Term Car Rental Market Forecast 10.2.4 Brazil Long Term Car Rental Market Forecast 10.3 APAC Long Term Car Rental Forecast by Region (2024-2029) 10.3.1 China Long Term Car Rental Market Forecast 10.3.2 Japan Long Term Car Rental Market Forecast 10.3.3 Korea Long Term Car Rental Market Forecast 10.3.4 Southeast Asia Long Term Car Rental Market Forecast 10.3.5 India Long Term Car Rental Market Forecast 10.3.6 Australia Long Term Car Rental Market Forecast 10.4 Europe Long Term Car Rental Forecast by Country (2024-2029) 10.4.1 Germany Long Term Car Rental Market Forecast 10.4.2 France Long Term Car Rental Market Forecast 10.4.3 UK Long Term Car Rental Market Forecast 10.4.4 Italy Long Term Car Rental Market Forecast 10.4.5 Russia Long Term Car Rental Market Forecast 10.5 Middle East & Africa Long Term Car Rental Forecast by Region (2024-2029) 10.5.1 Egypt Long Term Car Rental Market Forecast 10.5.2 South Africa Long Term Car Rental Market Forecast 10.5.3 Israel Long Term Car Rental Market Forecast 10.5.4 Turkey Long Term Car Rental Market Forecast 10.5.5 GCC Countries Long Term Car Rental Market Forecast 10.6 Global Long Term Car Rental Forecast by Type (2024-2029) 10.7 Global Long Term Car Rental Forecast by Application (2024-2029) 11 Key Players Analysis 11.1 Enterprise 11.1.1 Enterprise Company Information 11.1.2 Enterprise Long Term Car Rental Product Offered 11.1.3 Enterprise Long Term Car Rental Revenue, Gross Margin and Market Share (2018-2023) 11.1.4 Enterprise Main Business Overview 11.1.5 Enterprise Latest Developments 11.2 Budget 11.2.1 Budget Company Information 11.2.2 Budget Long Term Car Rental Product Offered 11.2.3 Budget Long Term Car Rental Revenue, Gross Margin and Market Share (2018-2023) 11.2.4 Budget Main Business Overview 11.2.5 Budget Latest Developments 11.3 SIXT 11.3.1 SIXT Company Information 11.3.2 SIXT Long Term Car Rental Product Offered 11.3.3 SIXT Long Term Car Rental Revenue, Gross Margin and Market Share (2018-2023) 11.3.4 SIXT Main Business Overview 11.3.5 SIXT Latest Developments 11.4 Avis 11.4.1 Avis Company Information 11.4.2 Avis Long Term Car Rental Product Offered 11.4.3 Avis Long Term Car Rental Revenue, Gross Margin and Market Share (2018-2023) 11.4.4 Avis Main Business Overview 11.4.5 Avis Latest Developments 11.5 Europcar 11.5.1 Europcar Company Information 11.5.2 Europcar Long Term Car Rental Product Offered 11.5.3 Europcar Long Term Car Rental Revenue, Gross Margin and Market Share (2018-2023) 11.5.4 Europcar Main Business Overview 11.5.5 Europcar Latest Developments 11.6 Trevo 11.6.1 Trevo Company Information 11.6.2 Trevo Long Term Car Rental Product Offered 11.6.3 Trevo Long Term Car Rental Revenue, Gross Margin and Market Share (2018-2023) 11.6.4 Trevo Main Business Overview 11.6.5 Trevo Latest Developments 11.7 Hertz 11.7.1 Hertz Company Information 11.7.2 Hertz Long Term Car Rental Product Offered 11.7.3 Hertz Long Term Car Rental Revenue, Gross Margin and Market Share (2018-2023) 11.7.4 Hertz Main Business Overview 11.7.5 Hertz Latest Developments 11.8 Snap Rentals 11.8.1 Snap Rentals Company Information 11.8.2 Snap Rentals Long Term Car Rental Product Offered 11.8.3 Snap Rentals Long Term Car Rental Revenue, Gross Margin and Market Share (2018-2023) 11.8.4 Snap Rentals Main Business Overview 11.8.5 Snap Rentals Latest Developments 11.9 Xtracars 11.9.1 Xtracars Company Information 11.9.2 Xtracars Long Term Car Rental Product Offered 11.9.3 Xtracars Long Term Car Rental Revenue, Gross Margin and Market Share (2018-2023) 11.9.4 Xtracars Main Business Overview 11.9.5 Xtracars Latest Developments 11.10 FINN 11.10.1 FINN Company Information 11.10.2 FINN Long Term Car Rental Product Offered 11.10.3 FINN Long Term Car Rental Revenue, Gross Margin and Market Share (2018-2023) 11.10.4 FINN Main Business Overview 11.10.5 FINN Latest Developments 11.11 DriveMyCar 11.11.1 DriveMyCar Company Information 11.11.2 DriveMyCar Long Term Car Rental Product Offered 11.11.3 DriveMyCar Long Term Car Rental Revenue, Gross Margin and Market Share (2018-2023) 11.11.4 DriveMyCar Main Business Overview 11.11.5 DriveMyCar Latest Developments 11.12 HelloCars 11.12.1 HelloCars Company Information 11.12.2 HelloCars Long Term Car Rental Product Offered 11.12.3 HelloCars Long Term Car Rental Revenue, Gross Margin and Market Share (2018-2023) 11.12.4 HelloCars Main Business Overview 11.12.5 HelloCars Latest Developments 11.13 Woodford 11.13.1 Woodford Company Information 11.13.2 Woodford Long Term Car Rental Product Offered 11.13.3 Woodford Long Term Car Rental Revenue, Gross Margin and Market Share (2018-2023) 11.13.4 Woodford Main Business Overview 11.13.5 Woodford Latest Developments 11.14 TravelSupermarket 11.14.1 TravelSupermarket Company Information 11.14.2 TravelSupermarket Long Term Car Rental Product Offered 11.14.3 TravelSupermarket Long Term Car Rental Revenue, Gross Margin and Market Share (2018-2023) 11.14.4 TravelSupermarket Main Business Overview 11.14.5 TravelSupermarket Latest Developments 11.15 Maggiore Rent 11.15.1 Maggiore Rent Company Information 11.15.2 Maggiore Rent Long Term Car Rental Product Offered 11.15.3 Maggiore Rent Long Term Car Rental Revenue, Gross Margin and Market Share (2018-2023) 11.15.4 Maggiore Rent Main Business Overview 11.15.5 Maggiore Rent Latest Developments 11.16 Goldcar 11.16.1 Goldcar Company Information 11.16.2 Goldcar Long Term Car Rental Product Offered 11.16.3 Goldcar Long Term Car Rental Revenue, Gross Margin and Market Share (2018-2023) 11.16.4 Goldcar Main Business Overview 11.16.5 Goldcar Latest Developments 11.17 Thrifty 11.17.1 Thrifty Company Information 11.17.2 Thrifty Long Term Car Rental Product Offered 11.17.3 Thrifty Long Term Car Rental Revenue, Gross Margin and Market Share (2018-2023) 11.17.4 Thrifty Main Business Overview 11.17.5 Thrifty Latest Developments 11.18 Alamo 11.18.1 Alamo Company Information 11.18.2 Alamo Long Term Car Rental Product Offered 11.18.3 Alamo Long Term Car Rental Revenue, Gross Margin and Market Share (2018-2023) 11.18.4 Alamo Main Business Overview 11.18.5 Alamo Latest Developments 11.19 Oscar Car Rental 11.19.1 Oscar Car Rental Company Information 11.19.2 Oscar Car Rental Long Term Car Rental Product Offered 11.19.3 Oscar Car Rental Long Term Car Rental Revenue, Gross Margin and Market Share (2018-2023) 11.19.4 Oscar Car Rental Main Business Overview 11.19.5 Oscar Car Rental Latest Developments 11.20 OK Mobility 11.20.1 OK Mobility Company Information 11.20.2 OK Mobility Long Term Car Rental Product Offered 11.20.3 OK Mobility Long Term Car Rental Revenue, Gross Margin and Market Share (2018-2023) 11.20.4 OK Mobility Main Business Overview 11.20.5 OK Mobility Latest Developments 11.21 First Car Rental 11.21.1 First Car Rental Company Information 11.21.2 First Car Rental Long Term Car Rental Product Offered 11.21.3 First Car Rental Long Term Car Rental Revenue, Gross Margin and Market Share (2018-2023) 11.21.4 First Car Rental Main Business Overview 11.21.5 First Car Rental Latest Developments 11.22 Tempest Car Hire 11.22.1 Tempest Car Hire Company Information 11.22.2 Tempest Car Hire Long Term Car Rental Product Offered 11.22.3 Tempest Car Hire Long Term Car Rental Revenue, Gross Margin and Market Share (2018-2023) 11.22.4 Tempest Car Hire Main Business Overview 11.22.5 Tempest Car Hire Latest Developments 11.23 Record go 11.23.1 Record go Company Information 11.23.2 Record go Long Term Car Rental Product Offered 11.23.3 Record go Long Term Car Rental Revenue, Gross Margin and Market Share (2018-2023) 11.23.4 Record go Main Business Overview 11.23.5 Record go Latest Developments 11.24 Yelo 11.24.1 Yelo Company Information 11.24.2 Yelo Long Term Car Rental Product Offered 11.24.3 Yelo Long Term Car Rental Revenue, Gross Margin and Market Share (2018-2023) 11.24.4 Yelo Main Business Overview 11.24.5 Yelo Latest Developments 11.25 Selfdrive 11.25.1 Selfdrive Company Information 11.25.2 Selfdrive Long Term Car Rental Product Offered 11.25.3 Selfdrive Long Term Car Rental Revenue, Gross Margin and Market Share (2018-2023) 11.25.4 Selfdrive Main Business Overview 11.25.5 Selfdrive Latest Developments 11.26 Easirent 11.26.1 Easirent Company Information 11.26.2 Easirent Long Term Car Rental Product Offered 11.26.3 Easirent Long Term Car Rental Revenue, Gross Margin and Market Share (2018-2023) 11.26.4 Easirent Main Business Overview 11.26.5 Easirent Latest Developments 11.27 Marbesol 11.27.1 Marbesol Company Information 11.27.2 Marbesol Long Term Car Rental Product Offered 11.27.3 Marbesol Long Term Car Rental Revenue, Gross Margin and Market Share (2018-2023) 11.27.4 Marbesol Main Business Overview 11.27.5 Marbesol Latest Developments 11.28 Buchbinder 11.28.1 Buchbinder Company Information 11.28.2 Buchbinder Long Term Car Rental Product Offered 11.28.3 Buchbinder Long Term Car Rental Revenue, Gross Margin and Market Share (2018-2023) 11.28.4 Buchbinder Main Business Overview 11.28.5 Buchbinder Latest Developments 11.29 Budgetcatcher 11.29.1 Budgetcatcher Company Information 11.29.2 Budgetcatcher Long Term Car Rental Product Offered 11.29.3 Budgetcatcher Long Term Car Rental Revenue, Gross Margin and Market Share (2018-2023) 11.29.4 Budgetcatcher Main Business Overview 11.29.5 Budgetcatcher Latest Developments 11.30 Costa Rent 11.30.1 Costa Rent Company Information 11.30.2 Costa Rent Long Term Car Rental Product Offered 11.30.3 Costa Rent Long Term Car Rental Revenue, Gross Margin and Market Share (2018-2023) 11.30.4 Costa Rent Main Business Overview 11.30.5 Costa Rent Latest Developments 12 Research Findings and Conclusion