Car Rental in Italy
SummaryCar Rental in Italy 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 Italy
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the car rental market in Italy
- 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 Italy car rental market with five year forecasts by both value and volume
Synopsis
Essential resource for top-line data and analysis covering the Italy 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 Italy car rental market by value in 2016?
- What will be the size of the Italy car rental market in 2021?
- What factors are affecting the strength of competition in the Italy car rental market?
- How has the market performed over the last five years?
- What are the main segments that make up Italy'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 Italian car rental industry is expected to generate total revenues of $1,276.2m in 2016, representing a compound annual growth rate (CAGR) of 3.8% between 2012 and 2016.
Avis increased its foothold within the Italian market with its 2015 acquisition of Maggiore Group taking over its 140 rental locations within Italy.
Industry consumption volume is forecast to increase with a CAGR of 1.3% between 2012-2016, to reach a total of 109.2 thousand fleet size in 2016.
Sixt is a parent company that acts as the holding company. Through its subsidiary, Co. is an international provider of mobility services. With its Vehicle Rental and Leasing Business Units Co. provides its customers tailor-made products that provide mobility of a few minutes to several years. In the Vehicle Rental Business Unit Co. has a network of stations with an almost worldwide presence through its own rental offices as well as through cooperation with franchisees and cooperation partners. Through its Leasing Business Unit Co. is a non-bank, vendor-neutral leasing companies. In addition, Co.'s franchisees and cooperation partners provides lease financing and services.
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