Car Rental in Asia-Pacific

Car Rental in Asia-Pacific

Published: February 2019
Publisher: MarketLine
Product ref: 306724
Pages: 34
Format: PDF
Delivery: By product vendor

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Car Rental in Asia-Pacific

Car Rental in Asia-Pacific 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 Asia-Pacific
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the car rental market in Asia-Pacific
- 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 Asia-Pacific car rental market with five year forecasts by both value and volume

Essential resource for top-line data and analysis covering the Asia-Pacific 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 Asia-Pacific car rental market by value in 2016?
- What will be the size of the Asia-Pacific car rental market in 2021?
- What factors are affecting the strength of competition in the Asia-Pacific car rental market?
- How has the market performed over the last five years?
- What are the main segments that make up Asia-Pacific'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 Asia-Pacific car rental industry is expected to generate total revenues of $15,265.4m in 2016, representing a compound annual growth rate (CAGR) of 6.7% between 2012 and 2016.

The leading countries in terms of share of revenue within the region are South Korea with 29.7%, Japan with 25.5% and then China with 14.7%. However, China has the most potential to increase substantially with very strong growth forecast for the future.

The rental car fleet is forecast to increase with a CAGR of 6.8% between 2012-2016, to reach a total of 1,500.6 thousand fleet size in 2016.

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Related research categories

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

By market: Asia

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