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Car Rental in Europe

Summary

Car Rental in Europe industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

- Car rental refers to the short-term hiring of a motor vehicle from one party to another, typically excluding taxis. Our market scope includes only self-driven, short term (i.e., less than 1 year) car rental data. It excludes leasing or rental of cars for more than one year and the chauffeur driven cars/cabs.
- The European car rental market recorded revenues of $20,592.4 million in 2023, representing a compound annual growth rate (CAGR) of 1.1% between 2018 and 2023.
- Market volume increased with a CAGR of 0.9% between 2018 and 2023, to reach a total of 17,58,913 car fleet in 2023.
- The European market accounted for 25.5% of the global car rental market.

Scope

- Save time carrying out entry-level research by identifying the size, growth, and leading players in the car rental market in Europe
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the car rental market in Europe
- 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 Europe car rental market with five year forecasts

Reasons To Buy

- What was the size of the Europe car rental market by value in 2023?
- What will be the size of the Europe car rental market in 2028?
- What factors are affecting the strength of competition in the Europe car rental market?
- How has the market performed over the last five years?
- How large is Europe’s car rental market in relation to its regional counterparts?