Car Rental and Leasing Market

Car Rental and Leasing Market - Global Size & Outlook 2020-2032

Global Car Rental and Leasing is segmented by Application (Tourism, Corporate Travel, Individual Rentals, Event Rentals, Ride Sharing, Logistics & Distribution, Rental Fleets, Vacation Rentals), Type (Short-Term Rentals, Long-Term Rentals, Luxury Car Rentals, Electric Vehicle Rentals, Commercial Vehicle Rentals, Peer-to-Peer Rentals, Airport Rentals, Corporate Leasing) and Geography(North America, LATAM, West Europe, Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA)

Pricing
5800
3600
1800

INDUSTRY OVERVIEW

The Car Rental and Leasing market is experiencing robust growth, projected to achieve a compound annual growth rate CAGR of 7.10% during the forecast period. Valued at 102Billion, the market is expected to reach 165Billion by 2032, with a year-on-year growth rate of 7%. This upward trajectory is driven by factors such as evolving consumer preferences, technological advancements, and increased investment in innovation, positioning the market for significant expansion in the coming years. Companies should strategically focus on enhancing their offerings and exploring new market opportunities to capitalize on this growth potential.

Car Rental and Leasing Market Size in (USD Billion) CAGR Growth Rate 7.10%

Study Period 2020-2032
Market Size (2024): 102Billion
Market Size (2032): 165Billion
CAGR (2024 - 2032): 7.10%
Fastest Growing Region Asia Pacific
Dominating Region Europe
www.www.htfmarketinsights.com

The car rental and leasing market involves the short-term or long-term leasing of vehicles to individuals and businesses. It caters to travelers, corporations, and individuals who require temporary transportation.



Regulatory Framework

The Information and Communications Technology (ICT) industry is primarily regulated by the Federal Communications Commission (FCC) in the United States, along with other national and international regulatory bodies. The FCC oversees the allocation of spectrum, ensures compliance with telecommunications laws, and fosters fair competition within the sector. It also establishes guidelines for data privacy, cybersecurity, and service accessibility, which are crucial for maintaining industry standards and protecting consumer interests.
Globally, various regulatory agencies, such as the European Telecommunications Standards Institute (ETSI) and the International Telecommunication Union (ITU), play significant roles in standardizing practices and facilitating international cooperation. These bodies work together to create a cohesive regulatory framework that addresses emerging technologies, cross-border data flow, and infrastructure development. Their regulations aim to ensure the ICT industry's growth is both innovative and compliant with global standards, promoting a secure and competitive market environment.
Request for Customization
Get Customization

Key Highlights

•    The Car Rental and Leasing is growing at a CAGR of 7.10% during the forecasted period of 2020 to 2032
•    Year on Year growth for the market is 7%
•    Based on type, the market is bifurcated into Short-Term Rentals, Long-Term Rentals, Luxury Car Rentals, Electric Vehicle Rentals, Commercial Vehicle Rentals, Peer-to-Peer Rentals, Airport Rentals
•    Based on application, the market is segmented into Tourism, Corporate Travel, Individual Rentals, Event Rentals, Ride Sharing, Logistics & Distribution, Rental Fleets, Vacation Rentals
•    Global Import Export in terms of K Tons, K Units, and Metric Tons will be provided if Applicable based on industry best practice

Market Segmentation Analysis

Segmentation by Type


  • Short-Term Rentals
  • Long-Term Rentals
  • Luxury Car Rentals
  • Electric Vehicle Rentals
  • Commercial Vehicle Rentals
  • Peer-to-Peer Rentals
  • Airport Rentals

Car Rental and Leasing Market Segmentation by Type

www.htfmarketinsights.com

Segmentation by Application
 
  • Tourism
  • Corporate Travel
  • Individual Rentals
  • Event Rentals
  • Ride Sharing
  • Logistics & Distribution
  • Rental Fleets
  • Vacation Rentals

Car Rental and Leasing Market Segmentation by Application

www.htfmarketinsights.com

Key Players

Several key players in the Car Rental and Leasing market are strategically focusing on expanding their operations in developing regions to capture a larger market share, particularly as the year-on-year growth rate for the market stands at 7%. The companies featured in this profile were selected based on insights from primary experts, evaluating their market penetration, product offerings, and geographical reach. By targeting emerging markets, these companies aim to leverage new opportunities, enhance their competitive advantage, and drive revenue growth. This approach not only aligns with their overall business objectives but also positions them to respond effectively to the evolving demands of consumers in these regions.
  • Enterprise Holdings
  • Hertz Global Holdings
  • Avis Budget Group
  • Europcar Mobility Group
  • Sixt SE
  • Localiza
  • ALD Automotive
  • LeasePlan
  • Hertz
  • Budget
  • National Car Rental
  • Dollar Thrifty Automotive Group
  • Car Inc.
  • Shouqi Car Rental

Car Rental and Leasing Market Segmentation by Players

www.htfmarketinsights.com

Research Methodology

At HTF Market Intelligence, we pride ourselves on delivering comprehensive market research that combines both secondary and primary methodologies. Our secondary research involves rigorous analysis of existing data sources, such as industry reports, market databases, and competitive landscapes, to provide a robust foundation of market knowledge. This is complemented by our primary research services, where we gather firsthand data through surveys, interviews, and focus groups tailored specifically to your business needs. By integrating these approaches, we offer a thorough understanding of market trends, consumer behavior, and competitive dynamics, enabling you to make well-informed strategic decisions. We would welcome the opportunity to discuss how our research expertise can support your business objectives.

Market Dynamics


Market dynamics refer to the forces that influence the supply and demand of products and services within a market. These forces include factors such as consumer preferences, technological advancements, regulatory changes, economic conditions, and competitive actions. Understanding market dynamics is crucial for businesses as it helps them anticipate changes, identify opportunities, and mitigate risks.
By analyzing market dynamics, companies can better understand market trends, predict potential shifts, and develop strategic responses. This analysis enables businesses to align their product offerings, pricing strategies, and marketing efforts with evolving market conditions, ultimately leading to more informed decision-making and a stronger competitive position in the marketplace.

Market Driver

  • Increasing Demand For Urban Mobility
  • Growth In Tourism And Business Travel
  • Rise In Ride-sharing Services
  • Technological Advancements In Fleet Management
  • Economic Shifts Leading To Leasing Vs. Buying
  • Environmental Concerns
  • Expansion Of Electric Vehicles


Market Trend

  • Growth of electric vehicle rentals
  • adoption of ride-sharing platforms
  • increase in digital car rental services
  • eco-friendly car leasing trends
  • integration of AI and IoT in fleet management
  • subscription-based car rentals
  • increase in long-term rentals

Opportunity

  • Expansion In Electric Vehicle Fleet Offerings
  • Rise In Demand For Short-term Rentals In Urban Areas
  • Integration With Mobile Apps
  • Corporate Leasing Contracts
  • Increasing Preference For Subscription-based Services
  • Partnerships With Tourism Industry


Challenge

  • High Maintenance Costs
  • Fluctuating Fuel Prices
  • Dependency On Tourism
  • Regulatory Issues
  • Competitive Pressure From Car-sharing Services
  • Seasonality Of Demand
  • Fleet Management Challenges



Regional Outlook

The Europe Region holds the largest market share in 2024 and is expected to grow at a good CAGR. The Asia Pacific Region is the fastest-growing region due to increasing development and disposable income.


North America remains a leader, driven by innovation hubs like Silicon Valley and a strong demand for advanced technologies such as AI and cloud computing. Europe is characterized by robust regulatory frameworks and significant investments in digital transformation across sectors. Asia-Pacific is experiencing rapid growth, led by major markets like China and India, where increasing digital adoption and governmental initiatives are propelling ICT advancements.


The Middle East and Africa are witnessing steady expansion, driven by infrastructure development and growing internet penetration. Latin America and South America present emerging opportunities, with rising investments in digital infrastructure, though challenges like economic instability can impact growth. These regional differences highlight the need for tailored strategies in the global ICT market.
 

Regions
  • North America
  • LATAM
  • West Europe
  • Central & Eastern Europe
  • Northern Europe
  • Southern Europe
  • East Asia
  • Southeast Asia
  • South Asia
  • Central Asia
  • Oceania
  • MEA
Fastest Growing Region
Asia Pacific
Asia Pacific captures largest market share in Car Rental and Leasing Market
Dominating Region
Europe
Europe captures largest market share in Car Rental and Leasing Market

 

Report Features

Details

Base Year

2024

Based Year Market Size (2024)

102Billion

Historical Period Market Size (2020)

80Billion

CAGR (2024 to 2032)

7.10%

Forecast Period

2025 to 2032

Forecasted Period Market Size (2032)

165Billion 

Scope of the Report

Short-Term Rentals, Long-Term Rentals, Luxury Car Rentals, Electric Vehicle Rentals, Commercial Vehicle Rentals, Peer-to-Peer Rentals, Airport Rentals, Tourism, Corporate Travel, Individual Rentals, Event Rentals, Ride Sharing, Logistics & Distribution, Rental Fleets, Vacation Rentals

Regions Covered

North America, Europe, Asia Pacific, South America, and MEA

Year on Year Growth

7%

Companies Covered

Enterprise Holdings, Hertz Global Holdings, Avis Budget Group, Europcar Mobility Group, Sixt SE, Localiza, ALD Automotive, LeasePlan, Hertz, Budget, National Car Rental, Dollar Thrifty Automotive Group, Car Inc., Shouqi Car Rental

Customization Scope

15% Free Customization (For EG)

Delivery Format

PDF and Excel through Email

 

 

Car Rental and Leasing - Table of Contents

Chapter 1: Market Preface
  • 1.1 Global Car Rental and Leasing Market Landscape
  • 1.2 Scope of the Study
  • 1.3 Relevant Findings & Stakeholder Advantages

Chapter 2: Strategic Overview
  • 2.1 Global Car Rental and Leasing Market Outlook
  • 2.2 Total Addressable Market versus Serviceable Market
  • 2.3 Market Rivalry Projection

Chapter 3 : Global Car Rental and Leasing Market Business Environment & Changing Dynamics
  • 3.1 Growth Drivers
    • 3.1.1 Increasing demand for urban mobility
    • 3.1.2 growth in tourism and business travel
    • 3.1.3 rise in ride-sharing services
    • 3.1.4 technological advancements in fleet management
    • 3.1.5 economic shifts leading to leasing vs. buying
    • 3.1.6 environmental concerns
    • 3.1.7 expansion of electric vehicles
  • 3.2 Available Opportunities
    • 3.2.1 Expansion in electric vehicle fleet offerings
    • 3.2.2 rise in demand for short-term rentals in urban areas
    • 3.2.3 integration with mobile apps
    • 3.2.4 corporate leasing contracts
    • 3.2.5 increasing preference for subscription-based services
    • 3.2.6 partnershi
  • 3.3 Influencing Trends
    • 3.3.1 Growth of electric vehicle rentals
    • 3.3.2 adoption of ride-sharing platforms
    • 3.3.3 increase in digital car rental services
    • 3.3.4 eco-friendly car leasing trends
    • 3.3.5 integration of AI and IoT in fleet management
    • 3.3.6 subscription-based car rentals
    • 3.3.7
  • 3.4 Challenges
    • 3.4.1 High maintenance costs
    • 3.4.2 fluctuating fuel prices
    • 3.4.3 dependency on tourism
    • 3.4.4 regulatory issues
    • 3.4.5 competitive pressure from car-sharing services
    • 3.4.6 seasonality of demand
    • 3.4.7 fleet management challenges
    • 3.4.8 economic downturns impacting renta
  • 3.5 Regional Dynamics

Need only Qualitative Analysis? Get Prices
Sectional Purchase
Chapter 4 : Global Car Rental and Leasing Industry Factors Assessment
  • 4.1 Current Scenario
  • 4.2 PEST Analysis
  • 4.3 Business Environment - PORTER 5-Forces Analysis
    • 4.3.1 Supplier Leverage
    • 4.3.2 Bargaining Power of Buyers
    • 4.3.3 Threat of Substitutes
    • 4.3.4 Threat from New Entrant
    • 4.3.5 Market Competition Level
  • 4.4 Roadmap of Car Rental and Leasing Market
  • 4.5 Impact of Macro-Economic Factors
  • 4.6 Market Entry Strategies
  • 4.7 Political and Regulatory Landscape
  • 4.8 Supply Chain Analysis
  • 4.9 Impact of Tariff War


Chapter 5: Car Rental and Leasing : Competition Benchmarking & Performance Evaluation
  • 5.1 Global Car Rental and Leasing Market Concentration Ratio
    • 5.1.1 CR4, CR8 and HH Index
    • 5.1.2 % Market Share - Top 3
    • 5.1.3 Market Holding by Top 5
  • 5.2 Market Position of Manufacturers by Car Rental and Leasing Revenue 2024
  • 5.3 BCG Matrix
  • 5.3 Market Entropy
  • 5.4 5C’s Analysis
  • 5.5 Ansoff Matrix
Chapter 6: Global Car Rental and Leasing Market: Company Profiles
  • 6.1 Enterprise Holdings
    • 6.1.1 Enterprise Holdings Company Overview
    • 6.1.2 Enterprise Holdings Product/Service Portfolio & Specifications
    • 6.1.3 Enterprise Holdings Key Financial Metrics
    • 6.1.4 Enterprise Holdings SWOT Analysis
    • 6.1.5 Enterprise Holdings Development Activities
  • 6.2 Hertz Global Holdings
  • 6.3 Avis Budget Group
  • 6.4 Europcar Mobility Group
  • 6.5 Sixt SE
  • 6.6 Localiza
  • 6.7 ALD Automotive
  • 6.8 LeasePlan
  • 6.9 Hertz
  • 6.10 Budget
  • 6.11 National Car Rental
  • 6.12 Dollar Thrifty Automotive Group
  • 6.13 Car Inc.
  • 6.14 Shouqi Car Rental
  • 6.15 EHi Car Services

To View a Complete List of Players? Inquiry Now
Sectional Purchase

Chapter 7 : Global Car Rental and Leasing by Type & Application (2020-2032)
  • 7.1 Global Car Rental and Leasing Market Revenue Analysis (USD Million) by Type (2020-2024)
    • 7.1.1 Short-Term Rentals
    • 7.1.2 Long-Term Rentals
    • 7.1.3 Luxury Car Rentals
    • 7.1.4 Electric Vehicle Rentals
    • 7.1.5 Commercial Vehicle Rentals
    • 7.1.6 Peer-to-Peer Rentals
    • 7.1.7 Airport Rentals
    • 7.1.8 Corporate Leasing
  • 7.2 Global Car Rental and Leasing Market Revenue Analysis (USD Million) by Application (2020-2024)
    • 7.2.1 Tourism
    • 7.2.2 Corporate Travel
    • 7.2.3 Individual Rentals
    • 7.2.4 Event Rentals
    • 7.2.5 Ride Sharing
    • 7.2.6 Logistics & Distribution
    • 7.2.7 Rental Fleets
    • 7.2.8 Vacation Rentals
  • 7.3 Global Car Rental and Leasing Market Revenue Analysis (USD Million) by Type (2024-2032)
  • 7.4 Global Car Rental and Leasing Market Revenue Analysis (USD Million) by Application (2024-2032)

Chapter 8 : North America Car Rental and Leasing Market Breakdown by Country, Type & Application
  • 8.1 North America Car Rental and Leasing Market by Country (USD Million) [2020-2024]
    • 8.1.1 United States
    • 8.1.2 Canada
  • 8.2 North America Car Rental and Leasing Market by Type (USD Million) [2020-2024]
    • 8.2.1 Short-Term Rentals
    • 8.2.2 Long-Term Rentals
    • 8.2.3 Luxury Car Rentals
    • 8.2.4 Electric Vehicle Rentals
    • 8.2.5 Commercial Vehicle Rentals
    • 8.2.6 Peer-to-Peer Rentals
    • 8.2.7 Airport Rentals
    • 8.2.8 Corporate Leasing
  • 8.3 North America Car Rental and Leasing Market by Application (USD Million) [2020-2024]
    • 8.3.1 Tourism
    • 8.3.2 Corporate Travel
    • 8.3.3 Individual Rentals
    • 8.3.4 Event Rentals
    • 8.3.5 Ride Sharing
    • 8.3.6 Logistics & Distribution
    • 8.3.7 Rental Fleets
    • 8.3.8 Vacation Rentals
  • 8.4 North America Car Rental and Leasing Market by Country (USD Million) [2025-2032]
  • 8.5 North America Car Rental and Leasing Market by Type (USD Million) [2025-2032]
  • 8.6 North America Car Rental and Leasing Market by Application (USD Million) [2025-2032]
Looking for Section Purchase? Get Quote Now
Sectional Purchase

Chapter 9 : LATAM Car Rental and Leasing Market Breakdown by Country, Type & Application
  • 9.1 LATAM Car Rental and Leasing Market by Country (USD Million) [2020-2024]
    • 9.1.1 Brazil
    • 9.1.2 Argentina
    • 9.1.3 Chile
    • 9.1.4 Mexico
    • 9.1.5 Rest of LATAM
  • 9.2 LATAM Car Rental and Leasing Market by Type (USD Million) [2020-2024]
    • 9.2.1 Short-Term Rentals
    • 9.2.2 Long-Term Rentals
    • 9.2.3 Luxury Car Rentals
    • 9.2.4 Electric Vehicle Rentals
    • 9.2.5 Commercial Vehicle Rentals
    • 9.2.6 Peer-to-Peer Rentals
    • 9.2.7 Airport Rentals
    • 9.2.8 Corporate Leasing
  • 9.3 LATAM Car Rental and Leasing Market by Application (USD Million) [2020-2024]
    • 9.3.1 Tourism
    • 9.3.2 Corporate Travel
    • 9.3.3 Individual Rentals
    • 9.3.4 Event Rentals
    • 9.3.5 Ride Sharing
    • 9.3.6 Logistics & Distribution
    • 9.3.7 Rental Fleets
    • 9.3.8 Vacation Rentals
  • 9.4 LATAM Car Rental and Leasing Market by Country (USD Million) [2025-2032]
  • 9.5 LATAM Car Rental and Leasing Market by Type (USD Million) [2025-2032]
  • 9.6 LATAM Car Rental and Leasing Market by Application (USD Million) [2025-2032]
Chapter 10 : West Europe Car Rental and Leasing Market Breakdown by Country, Type & Application
  • 10.1 West Europe Car Rental and Leasing Market by Country (USD Million) [2020-2024]
    • 10.1.1 Germany
    • 10.1.2 France
    • 10.1.3 Benelux
    • 10.1.4 Switzerland
    • 10.1.5 Rest of West Europe
  • 10.2 West Europe Car Rental and Leasing Market by Type (USD Million) [2020-2024]
    • 10.2.1 Short-Term Rentals
    • 10.2.2 Long-Term Rentals
    • 10.2.3 Luxury Car Rentals
    • 10.2.4 Electric Vehicle Rentals
    • 10.2.5 Commercial Vehicle Rentals
    • 10.2.6 Peer-to-Peer Rentals
    • 10.2.7 Airport Rentals
    • 10.2.8 Corporate Leasing
  • 10.3 West Europe Car Rental and Leasing Market by Application (USD Million) [2020-2024]
    • 10.3.1 Tourism
    • 10.3.2 Corporate Travel
    • 10.3.3 Individual Rentals
    • 10.3.4 Event Rentals
    • 10.3.5 Ride Sharing
    • 10.3.6 Logistics & Distribution
    • 10.3.7 Rental Fleets
    • 10.3.8 Vacation Rentals
  • 10.4 West Europe Car Rental and Leasing Market by Country (USD Million) [2025-2032]
  • 10.5 West Europe Car Rental and Leasing Market by Type (USD Million) [2025-2032]
  • 10.6 West Europe Car Rental and Leasing Market by Application (USD Million) [2025-2032]
Chapter 11 : Central & Eastern Europe Car Rental and Leasing Market Breakdown by Country, Type & Application
  • 11.1 Central & Eastern Europe Car Rental and Leasing Market by Country (USD Million) [2020-2024]
    • 11.1.1 Bulgaria
    • 11.1.2 Poland
    • 11.1.3 Hungary
    • 11.1.4 Romania
    • 11.1.5 Rest of CEE
  • 11.2 Central & Eastern Europe Car Rental and Leasing Market by Type (USD Million) [2020-2024]
    • 11.2.1 Short-Term Rentals
    • 11.2.2 Long-Term Rentals
    • 11.2.3 Luxury Car Rentals
    • 11.2.4 Electric Vehicle Rentals
    • 11.2.5 Commercial Vehicle Rentals
    • 11.2.6 Peer-to-Peer Rentals
    • 11.2.7 Airport Rentals
    • 11.2.8 Corporate Leasing
  • 11.3 Central & Eastern Europe Car Rental and Leasing Market by Application (USD Million) [2020-2024]
    • 11.3.1 Tourism
    • 11.3.2 Corporate Travel
    • 11.3.3 Individual Rentals
    • 11.3.4 Event Rentals
    • 11.3.5 Ride Sharing
    • 11.3.6 Logistics & Distribution
    • 11.3.7 Rental Fleets
    • 11.3.8 Vacation Rentals
  • 11.4 Central & Eastern Europe Car Rental and Leasing Market by Country (USD Million) [2025-2032]
  • 11.5 Central & Eastern Europe Car Rental and Leasing Market by Type (USD Million) [2025-2032]
  • 11.6 Central & Eastern Europe Car Rental and Leasing Market by Application (USD Million) [2025-2032]
Chapter 12 : Northern Europe Car Rental and Leasing Market Breakdown by Country, Type & Application
  • 12.1 Northern Europe Car Rental and Leasing Market by Country (USD Million) [2020-2024]
    • 12.1.1 The United Kingdom
    • 12.1.2 Sweden
    • 12.1.3 Norway
    • 12.1.4 Baltics
    • 12.1.5 Ireland
    • 12.1.6 Rest of Northern Europe
  • 12.2 Northern Europe Car Rental and Leasing Market by Type (USD Million) [2020-2024]
    • 12.2.1 Short-Term Rentals
    • 12.2.2 Long-Term Rentals
    • 12.2.3 Luxury Car Rentals
    • 12.2.4 Electric Vehicle Rentals
    • 12.2.5 Commercial Vehicle Rentals
    • 12.2.6 Peer-to-Peer Rentals
    • 12.2.7 Airport Rentals
    • 12.2.8 Corporate Leasing
  • 12.3 Northern Europe Car Rental and Leasing Market by Application (USD Million) [2020-2024]
    • 12.3.1 Tourism
    • 12.3.2 Corporate Travel
    • 12.3.3 Individual Rentals
    • 12.3.4 Event Rentals
    • 12.3.5 Ride Sharing
    • 12.3.6 Logistics & Distribution
    • 12.3.7 Rental Fleets
    • 12.3.8 Vacation Rentals
  • 12.4 Northern Europe Car Rental and Leasing Market by Country (USD Million) [2025-2032]
  • 12.5 Northern Europe Car Rental and Leasing Market by Type (USD Million) [2025-2032]
  • 12.6 Northern Europe Car Rental and Leasing Market by Application (USD Million) [2025-2032]
Chapter 13 : Southern Europe Car Rental and Leasing Market Breakdown by Country, Type & Application
  • 13.1 Southern Europe Car Rental and Leasing Market by Country (USD Million) [2020-2024]
    • 13.1.1 Spain
    • 13.1.2 Italy
    • 13.1.3 Portugal
    • 13.1.4 Greece
    • 13.1.5 Rest of Southern Europe
  • 13.2 Southern Europe Car Rental and Leasing Market by Type (USD Million) [2020-2024]
    • 13.2.1 Short-Term Rentals
    • 13.2.2 Long-Term Rentals
    • 13.2.3 Luxury Car Rentals
    • 13.2.4 Electric Vehicle Rentals
    • 13.2.5 Commercial Vehicle Rentals
    • 13.2.6 Peer-to-Peer Rentals
    • 13.2.7 Airport Rentals
    • 13.2.8 Corporate Leasing
  • 13.3 Southern Europe Car Rental and Leasing Market by Application (USD Million) [2020-2024]
    • 13.3.1 Tourism
    • 13.3.2 Corporate Travel
    • 13.3.3 Individual Rentals
    • 13.3.4 Event Rentals
    • 13.3.5 Ride Sharing
    • 13.3.6 Logistics & Distribution
    • 13.3.7 Rental Fleets
    • 13.3.8 Vacation Rentals
  • 13.4 Southern Europe Car Rental and Leasing Market by Country (USD Million) [2025-2032]
  • 13.5 Southern Europe Car Rental and Leasing Market by Type (USD Million) [2025-2032]
  • 13.6 Southern Europe Car Rental and Leasing Market by Application (USD Million) [2025-2032]
Chapter 14 : East Asia Car Rental and Leasing Market Breakdown by Country, Type & Application
  • 14.1 East Asia Car Rental and Leasing Market by Country (USD Million) [2020-2024]
    • 14.1.1 China
    • 14.1.2 Japan
    • 14.1.3 South Korea
    • 14.1.4 Taiwan
    • 14.1.5 Others
  • 14.2 East Asia Car Rental and Leasing Market by Type (USD Million) [2020-2024]
    • 14.2.1 Short-Term Rentals
    • 14.2.2 Long-Term Rentals
    • 14.2.3 Luxury Car Rentals
    • 14.2.4 Electric Vehicle Rentals
    • 14.2.5 Commercial Vehicle Rentals
    • 14.2.6 Peer-to-Peer Rentals
    • 14.2.7 Airport Rentals
    • 14.2.8 Corporate Leasing
  • 14.3 East Asia Car Rental and Leasing Market by Application (USD Million) [2020-2024]
    • 14.3.1 Tourism
    • 14.3.2 Corporate Travel
    • 14.3.3 Individual Rentals
    • 14.3.4 Event Rentals
    • 14.3.5 Ride Sharing
    • 14.3.6 Logistics & Distribution
    • 14.3.7 Rental Fleets
    • 14.3.8 Vacation Rentals
  • 14.4 East Asia Car Rental and Leasing Market by Country (USD Million) [2025-2032]
  • 14.5 East Asia Car Rental and Leasing Market by Type (USD Million) [2025-2032]
  • 14.6 East Asia Car Rental and Leasing Market by Application (USD Million) [2025-2032]
Chapter 15 : Southeast Asia Car Rental and Leasing Market Breakdown by Country, Type & Application
  • 15.1 Southeast Asia Car Rental and Leasing Market by Country (USD Million) [2020-2024]
    • 15.1.1 Vietnam
    • 15.1.2 Singapore
    • 15.1.3 Thailand
    • 15.1.4 Malaysia
    • 15.1.5 Indonesia
    • 15.1.6 Philippines
    • 15.1.7 Rest of SEA Countries
  • 15.2 Southeast Asia Car Rental and Leasing Market by Type (USD Million) [2020-2024]
    • 15.2.1 Short-Term Rentals
    • 15.2.2 Long-Term Rentals
    • 15.2.3 Luxury Car Rentals
    • 15.2.4 Electric Vehicle Rentals
    • 15.2.5 Commercial Vehicle Rentals
    • 15.2.6 Peer-to-Peer Rentals
    • 15.2.7 Airport Rentals
    • 15.2.8 Corporate Leasing
  • 15.3 Southeast Asia Car Rental and Leasing Market by Application (USD Million) [2020-2024]
    • 15.3.1 Tourism
    • 15.3.2 Corporate Travel
    • 15.3.3 Individual Rentals
    • 15.3.4 Event Rentals
    • 15.3.5 Ride Sharing
    • 15.3.6 Logistics & Distribution
    • 15.3.7 Rental Fleets
    • 15.3.8 Vacation Rentals
  • 15.4 Southeast Asia Car Rental and Leasing Market by Country (USD Million) [2025-2032]
  • 15.5 Southeast Asia Car Rental and Leasing Market by Type (USD Million) [2025-2032]
  • 15.6 Southeast Asia Car Rental and Leasing Market by Application (USD Million) [2025-2032]
Chapter 16 : South Asia Car Rental and Leasing Market Breakdown by Country, Type & Application
  • 16.1 South Asia Car Rental and Leasing Market by Country (USD Million) [2020-2024]
    • 16.1.1 India
    • 16.1.2 Bangladesh
    • 16.1.3 Others
  • 16.2 South Asia Car Rental and Leasing Market by Type (USD Million) [2020-2024]
    • 16.2.1 Short-Term Rentals
    • 16.2.2 Long-Term Rentals
    • 16.2.3 Luxury Car Rentals
    • 16.2.4 Electric Vehicle Rentals
    • 16.2.5 Commercial Vehicle Rentals
    • 16.2.6 Peer-to-Peer Rentals
    • 16.2.7 Airport Rentals
    • 16.2.8 Corporate Leasing
  • 16.3 South Asia Car Rental and Leasing Market by Application (USD Million) [2020-2024]
    • 16.3.1 Tourism
    • 16.3.2 Corporate Travel
    • 16.3.3 Individual Rentals
    • 16.3.4 Event Rentals
    • 16.3.5 Ride Sharing
    • 16.3.6 Logistics & Distribution
    • 16.3.7 Rental Fleets
    • 16.3.8 Vacation Rentals
  • 16.4 South Asia Car Rental and Leasing Market by Country (USD Million) [2025-2032]
  • 16.5 South Asia Car Rental and Leasing Market by Type (USD Million) [2025-2032]
  • 16.6 South Asia Car Rental and Leasing Market by Application (USD Million) [2025-2032]
Chapter 17 : Central Asia Car Rental and Leasing Market Breakdown by Country, Type & Application
  • 17.1 Central Asia Car Rental and Leasing Market by Country (USD Million) [2020-2024]
    • 17.1.1 Kazakhstan
    • 17.1.2 Tajikistan
    • 17.1.3 Others
  • 17.2 Central Asia Car Rental and Leasing Market by Type (USD Million) [2020-2024]
    • 17.2.1 Short-Term Rentals
    • 17.2.2 Long-Term Rentals
    • 17.2.3 Luxury Car Rentals
    • 17.2.4 Electric Vehicle Rentals
    • 17.2.5 Commercial Vehicle Rentals
    • 17.2.6 Peer-to-Peer Rentals
    • 17.2.7 Airport Rentals
    • 17.2.8 Corporate Leasing
  • 17.3 Central Asia Car Rental and Leasing Market by Application (USD Million) [2020-2024]
    • 17.3.1 Tourism
    • 17.3.2 Corporate Travel
    • 17.3.3 Individual Rentals
    • 17.3.4 Event Rentals
    • 17.3.5 Ride Sharing
    • 17.3.6 Logistics & Distribution
    • 17.3.7 Rental Fleets
    • 17.3.8 Vacation Rentals
  • 17.4 Central Asia Car Rental and Leasing Market by Country (USD Million) [2025-2032]
  • 17.5 Central Asia Car Rental and Leasing Market by Type (USD Million) [2025-2032]
  • 17.6 Central Asia Car Rental and Leasing Market by Application (USD Million) [2025-2032]
Chapter 18 : Oceania Car Rental and Leasing Market Breakdown by Country, Type & Application
  • 18.1 Oceania Car Rental and Leasing Market by Country (USD Million) [2020-2024]
    • 18.1.1 Australia
    • 18.1.2 New Zealand
    • 18.1.3 Others
  • 18.2 Oceania Car Rental and Leasing Market by Type (USD Million) [2020-2024]
    • 18.2.1 Short-Term Rentals
    • 18.2.2 Long-Term Rentals
    • 18.2.3 Luxury Car Rentals
    • 18.2.4 Electric Vehicle Rentals
    • 18.2.5 Commercial Vehicle Rentals
    • 18.2.6 Peer-to-Peer Rentals
    • 18.2.7 Airport Rentals
    • 18.2.8 Corporate Leasing
  • 18.3 Oceania Car Rental and Leasing Market by Application (USD Million) [2020-2024]
    • 18.3.1 Tourism
    • 18.3.2 Corporate Travel
    • 18.3.3 Individual Rentals
    • 18.3.4 Event Rentals
    • 18.3.5 Ride Sharing
    • 18.3.6 Logistics & Distribution
    • 18.3.7 Rental Fleets
    • 18.3.8 Vacation Rentals
  • 18.4 Oceania Car Rental and Leasing Market by Country (USD Million) [2025-2032]
  • 18.5 Oceania Car Rental and Leasing Market by Type (USD Million) [2025-2032]
  • 18.6 Oceania Car Rental and Leasing Market by Application (USD Million) [2025-2032]
Chapter 19 : MEA Car Rental and Leasing Market Breakdown by Country, Type & Application
  • 19.1 MEA Car Rental and Leasing Market by Country (USD Million) [2020-2024]
    • 19.1.1 Turkey
    • 19.1.2 South Africa
    • 19.1.3 Egypt
    • 19.1.4 UAE
    • 19.1.5 Saudi Arabia
    • 19.1.6 Israel
    • 19.1.7 Rest of MEA
  • 19.2 MEA Car Rental and Leasing Market by Type (USD Million) [2020-2024]
    • 19.2.1 Short-Term Rentals
    • 19.2.2 Long-Term Rentals
    • 19.2.3 Luxury Car Rentals
    • 19.2.4 Electric Vehicle Rentals
    • 19.2.5 Commercial Vehicle Rentals
    • 19.2.6 Peer-to-Peer Rentals
    • 19.2.7 Airport Rentals
    • 19.2.8 Corporate Leasing
  • 19.3 MEA Car Rental and Leasing Market by Application (USD Million) [2020-2024]
    • 19.3.1 Tourism
    • 19.3.2 Corporate Travel
    • 19.3.3 Individual Rentals
    • 19.3.4 Event Rentals
    • 19.3.5 Ride Sharing
    • 19.3.6 Logistics & Distribution
    • 19.3.7 Rental Fleets
    • 19.3.8 Vacation Rentals
  • 19.4 MEA Car Rental and Leasing Market by Country (USD Million) [2025-2032]
  • 19.5 MEA Car Rental and Leasing Market by Type (USD Million) [2025-2032]
  • 19.6 MEA Car Rental and Leasing Market by Application (USD Million) [2025-2032]

Chapter 20: Research Findings & Conclusion
  • 20.1 Key Findings
  • 20.2 Conclusion

Chapter 21: Methodology and Data Source
  • 21.1 Research Methodology & Approach
    • 21.1.1 Research Program/Design
    • 21.1.2 Market Size Estimation
    • 21.1.3 Market Breakdown and Data Triangulation
  • 21.2 Data Source
    • 21.2.1 Secondary Sources
    • 21.2.2 Primary Sources

Chapter 22: Appendix & Disclaimer
  • 22.1 Acronyms & bibliography
  • 22.2 Disclaimer

Frequently Asked Questions (FAQ):

The Car Rental and Leasing market may reach an estimated size of 165 billion by 2032.

The Car Rental and Leasing Market is growing at a CAGR of 7.10% over the forecasted period 2024 - 2032.

Some of the prominent trends that are influencing and driving the growth of Global Car Rental and Leasing Market are Growth Of Electric Vehicle Rentals, Adoption Of Ride-sharing Platforms, Increase In Digital Car Rental Services, Eco-friendly Car Leasing Trends, Integration Of AI And IoT In Fleet Management, Subscription-based Car Rentals, Increase In Long-term Rentals, Car-sharing Growth

The leaders in the Global Car Rental and Leasing Market such as Enterprise Holdings, Hertz Global Holdings, Avis Budget Group, Europcar Mobility Group, Sixt SE, Localiza, ALD Automotive, LeasePlan, Hertz, Budget, National Car Rental, Dollar Thrifty Automotive Group, Car Inc., Shouqi Car Rental, eHi Car Services are targeting innovative and differentiated growth drivers some of them are Increasing Demand For Urban Mobility, Growth In Tourism And Business Travel, Rise In Ride-sharing Services, Technological Advancements In Fleet Management, Economic Shifts Leading To Leasing Vs. Buying, Environmental Concerns, Expansion Of Electric Vehicles, Flexibility In Travel Requirements

Some of the major challanges seen in Global Car Rental and Leasing Market are High Maintenance Costs, Fluctuating Fuel Prices, Dependency On Tourism, Regulatory Issues, Competitive Pressure From Car-sharing Services, Seasonality Of Demand, Fleet Management Challenges, Economic Downturns Impacting Rental Rates.

Some of the opportunities that Analyst at HTF MI have identified in Car Rental and Leasing Market are:
  • Expansion In Electric Vehicle Fleet Offerings
  • Rise In Demand For Short-term Rentals In Urban Areas
  • Integration With Mobile Apps
  • Corporate Leasing Contracts
  • Increasing Preference For Subscription-based Services
  • Partnerships With Tourism Industry
  • Demand For Eco-friendly Cars

Enterprise Holdings, Hertz Global Holdings, Avis Budget Group, Europcar Mobility Group, Sixt SE, Localiza, ALD Automotive, LeasePlan, Hertz, Budget, National Car Rental, Dollar Thrifty Automotive Group, Car Inc., Shouqi Car Rental, eHi Car Services are the major operating companies profiled in Car Rental and Leasing market study.

The Global Car Rental and Leasing Market Study is Broken down by applications such as Tourism, Corporate Travel, Individual Rentals, Event Rentals, Ride Sharing, Logistics & Distribution, Rental Fleets, Vacation Rentals.

The Global Car Rental and Leasing Market Study is segmented by Short-Term Rentals, Long-Term Rentals, Luxury Car Rentals, Electric Vehicle Rentals, Commercial Vehicle Rentals, Peer-to-Peer Rentals, Airport Rentals, Corporate Leasing.

The Global Car Rental and Leasing Market Study includes regional breakdown as North America, LATAM, West Europe,Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA

Historical Year: 2020 - Base year: 2024. Forecast period**: 2025 to 2032 [** unless otherwise stated]

The car rental and leasing market involves the short-term or long-term leasing of vehicles to individuals and businesses. It caters to travelers, corporations, and individuals who require temporary transportation.
-->