Car Rental in the United Kingdom

Car Rental in the United Kingdom

Published: January 2017
Publisher: MarketLine
Product ref: 272144
Pages: 34
Format: PDF
Delivery: By product vendor

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Summary
Car Rental in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Findings
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the car rental market in the United Kingdom
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the car rental market in the United Kingdom
- 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 United Kingdom car rental market with five year forecasts by both value and volume

Synopsis
Essential resource for top-line data and analysis covering the United Kingdom car rental market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

Reasons To Buy
- What was the size of the United Kingdom car rental market by value in 2016?
- What will be the size of the United Kingdom car rental market in 2021?
- What factors are affecting the strength of competition in the United Kingdom car rental market?
- How has the market performed over the last five years?
- What are the main segments that make up the United Kingdom's car rental market?

Key Highlights
The car rental market is defined as revenues generated by car rental companies for self-drive cars for hire. The market value is mainly made up car rentals for business and leisure purposes. Other includes insurance rentals and replacements. Market volumes represent the size of the rental car fleet within the respective countries. Any currency conversions used in the creation of this report were calculated using constant 2015 annual average exchange rates.

The UK car rental industry is expected to generate total revenues of $3,531.8m in 2016, representing a compound annual growth rate (CAGR) of 2.4% between 2012 and 2016.

New car tax regulations linked to excise duty on new cars in the UK are due to come into effect in 2017 which could hit car hire companies with extra $38m charge.

Industry consumption volume is forecast to increase with a CAGR of 7.8% between 2012-2016, to reach a total of 263.2 thousand fleet size in 2016.

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Related research categories


By sector: Cars, Finance (in Finance and retail)

By market: United Kingdom (in Europe)


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