The global Luxury Car Rental market was valued at 110.81 Million USD in 2020 and will grow with a CAGR of 19.18% from 2020 to 2027, based on newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Luxury car rental is the use of a luxury car for a fixed period time at an assessed amount of money. Today, car rental is very popular as it provides mobility solutions for both business and leisure travelers. Users can easily arrange a car rental in website or mobile phone. The Luxury Car Rental market was worth approximately $10 billion globally in 2016. Geographically, North America is the giant player who represents nearly 50% of the global market, followed by Europe, which representing approximately 29% market shares. The Luxury Car Rental industry is highly concentrated in the world, with the top three companies capturing a combined 74% share of the global market. The largest company in the industry, Enterprise, is privately held, while the next two largest companies, Hertz and Avis Budget, are publicly traded. Each of these three players has made acquisitions of other well-known rental car brands—Enterprise Rent-A-Car owns Alamo and National, and Hertz owns Dollar and Thrifty. The Luxury Car Rental market is forecasted to worth approximately $22.5 billion globally in the end of 2022. The CAGR during 2016-2022 is expected to reach 14.5%.
By Market Verdors:
Enterprise
Hertz
Avis Budget
Sixt
Europcar
Localiza
CAR Inc.
Movida
Unidas
Goldcar
eHi Car Services
Fox Rent A Car
By Types:
Business Rental
Leisure Rental
By Applications:
Airport
Off-airport
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
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1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Luxury Car Rental Revenue
1.4 Market Analysis by Type
1.4.1 Global Luxury Car Rental Market Size Growth Rate by Type: 2021 VS 2027
1.4.2 Business Rental
1.4.3 Leisure Rental
1.5 Market by Application
1.5.1 Global Luxury Car Rental Market Share by Application: 2022-2027
1.5.2 Airport
1.5.3 Off-airport
1.6 Study Objectives
1.7 Years Considered
1.8 Overview of Global Luxury Car Rental Market
1.8.1 Global Luxury Car Rental Market Status and Outlook (2016-2027)
1.8.2 North America
1.8.3 East Asia
1.8.4 Europe
1.8.5 South Asia
1.8.6 Southeast Asia
1.8.7 Middle East
1.8.8 Africa
1.8.9 Oceania
1.8.10 South America
1.8.11 Rest of the World
2 Market Competition by Manufacturers
2.1 Global Luxury Car Rental Production Capacity Market Share by Manufacturers (2016-2021)
2.2 Global Luxury Car Rental Revenue Market Share by Manufacturers (2016-2021)
2.3 Global Luxury Car Rental Average Price by Manufacturers (2016-2021)
2.4 Manufacturers Luxury Car Rental Production Sites, Area Served, Product Type
3 Sales by Region
3.1 Global Luxury Car Rental Sales Volume Market Share by Region (2016-2021)
3.2 Global Luxury Car Rental Sales Revenue Market Share by Region (2016-2021)
3.3 North America Luxury Car Rental Sales Volume
3.3.1 North America Luxury Car Rental Sales Volume Growth Rate (2016-2021)
3.3.2 North America Luxury Car Rental Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.4 East Asia Luxury Car Rental Sales Volume
3.4.1 East Asia Luxury Car Rental Sales Volume Growth Rate (2016-2021)
3.4.2 East Asia Luxury Car Rental Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.5 Europe Luxury Car Rental Sales Volume (2016-2021)
3.5.1 Europe Luxury Car Rental Sales Volume Growth Rate (2016-2021)
3.5.2 Europe Luxury Car Rental Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.6 South Asia Luxury Car Rental Sales Volume (2016-2021)
3.6.1 South Asia Luxury Car Rental Sales Volume Growth Rate (2016-2021)
3.6.2 South Asia Luxury Car Rental Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.7 Southeast Asia Luxury Car Rental Sales Volume (2016-2021)
3.7.1 Southeast Asia Luxury Car Rental Sales Volume Growth Rate (2016-2021)
3.7.2 Southeast Asia Luxury Car Rental Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.8 Middle East Luxury Car Rental Sales Volume (2016-2021)
3.8.1 Middle East Luxury Car Rental Sales Volume Growth Rate (2016-2021)
3.8.2 Middle East Luxury Car Rental Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.9 Africa Luxury Car Rental Sales Volume (2016-2021)
3.9.1 Africa Luxury Car Rental Sales Volume Growth Rate (2016-2021)
3.9.2 Africa Luxury Car Rental Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.10 Oceania Luxury Car Rental Sales Volume (2016-2021)
3.10.1 Oceania Luxury Car Rental Sales Volume Growth Rate (2016-2021)
3.10.2 Oceania Luxury Car Rental Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.11 South America Luxury Car Rental Sales Volume (2016-2021)
3.11.1 South America Luxury Car Rental Sales Volume Growth Rate (2016-2021)
3.11.2 South America Luxury Car Rental Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.12 Rest of the World Luxury Car Rental Sales Volume (2016-2021)
3.12.1 Rest of the World Luxury Car Rental Sales Volume Growth Rate (2016-2021)
3.12.2 Rest of the World Luxury Car Rental Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
4 North America
4.1 North America Luxury Car Rental Consumption by Countries
4.2 United States
4.3 Canada
4.4 Mexico
5 East Asia
5.1 East Asia Luxury Car Rental Consumption by Countries
5.2 China
5.3 Japan
5.4 South Korea
6 Europe
6.1 Europe Luxury Car Rental Consumption by Countries
6.2 Germany
6.3 United Kingdom
6.4 France
6.5 Italy
6.6 Russia
6.7 Spain
6.8 Netherlands
6.9 Switzerland
6.10 Poland
7 South Asia
7.1 South Asia Luxury Car Rental Consumption by Countries
7.2 India
7.3 Pakistan
7.4 Bangladesh
8 Southeast Asia
8.1 Southeast Asia Luxury Car Rental Consumption by Countries
8.2 Indonesia
8.3 Thailand
8.4 Singapore
8.5 Malaysia
8.6 Philippines
8.7 Vietnam
8.8 Myanmar
9 Middle East
9.1 Middle East Luxury Car Rental Consumption by Countries
9.2 Turkey
9.3 Saudi Arabia
9.4 Iran
9.5 United Arab Emirates
9.6 Israel
9.7 Iraq
9.8 Qatar
9.9 Kuwait
9.10 Oman
10 Africa
10.1 Africa Luxury Car Rental Consumption by Countries
10.2 Nigeria
10.3 South Africa
10.4 Egypt
10.5 Algeria
10.6 Morocco
11 Oceania
11.1 Oceania Luxury Car Rental Consumption by Countries
11.2 Australia
11.3 New Zealand
12 South America
12.1 South America Luxury Car Rental Consumption by Countries
12.2 Brazil
12.3 Argentina
12.4 Columbia
12.5 Chile
12.6 Venezuela
12.7 Peru
12.8 Puerto Rico
12.9 Ecuador
13 Rest of the World
13.1 Rest of the World Luxury Car Rental Consumption by Countries
13.2 Kazakhstan
14 Sales Volume, Sales Revenue, Sales Price Trend by Type
14.1 Global Luxury Car Rental Sales Volume Market Share by Type (2016-2021)
14.2 Global Luxury Car Rental Sales Revenue Market Share by Type (2016-2021)
14.3 Global Luxury Car Rental Sales Price by Type (2016-2021)
15 Consumption Analysis by Application
15.1 Global Luxury Car Rental Consumption Volume by Application (2016-2021)
15.2 Global Luxury Car Rental Consumption Value by Application (2016-2021)
16 Company Profiles and Key Figures in Luxury Car Rental Business
16.1 Enterprise
16.1.1 Enterprise Company Profile
16.1.2 Enterprise Luxury Car Rental Product Specification
16.1.3 Enterprise Luxury Car Rental Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.2 Hertz
16.2.1 Hertz Company Profile
16.2.2 Hertz Luxury Car Rental Product Specification
16.2.3 Hertz Luxury Car Rental Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.3 Avis Budget
16.3.1 Avis Budget Company Profile
16.3.2 Avis Budget Luxury Car Rental Product Specification
16.3.3 Avis Budget Luxury Car Rental Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.4 Sixt
16.4.1 Sixt Company Profile
16.4.2 Sixt Luxury Car Rental Product Specification
16.4.3 Sixt Luxury Car Rental Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.5 Europcar
16.5.1 Europcar Company Profile
16.5.2 Europcar Luxury Car Rental Product Specification
16.5.3 Europcar Luxury Car Rental Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.6 Localiza
16.6.1 Localiza Company Profile
16.6.2 Localiza Luxury Car Rental Product Specification
16.6.3 Localiza Luxury Car Rental Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.7 CAR Inc.
16.7.1 CAR Inc. Company Profile
16.7.2 CAR Inc. Luxury Car Rental Product Specification
16.7.3 CAR Inc. Luxury Car Rental Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.8 Movida
16.8.1 Movida Company Profile
16.8.2 Movida Luxury Car Rental Product Specification
16.8.3 Movida Luxury Car Rental Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.9 Unidas
16.9.1 Unidas Company Profile
16.9.2 Unidas Luxury Car Rental Product Specification
16.9.3 Unidas Luxury Car Rental Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.10 Goldcar
16.10.1 Goldcar Company Profile
16.10.2 Goldcar Luxury Car Rental Product Specification
16.10.3 Goldcar Luxury Car Rental Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.11 eHi Car Services
16.11.1 eHi Car Services Company Profile
16.11.2 eHi Car Services Luxury Car Rental Product Specification
16.11.3 eHi Car Services Luxury Car Rental Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.12 Fox Rent A Car
16.12.1 Fox Rent A Car Company Profile
16.12.2 Fox Rent A Car Luxury Car Rental Product Specification
16.12.3 Fox Rent A Car Luxury Car Rental Production Capacity, Revenue, Price and Gross Margin (2016-2021)
17 Luxury Car Rental Manufacturing Cost Analysis
17.1 Luxury Car Rental Key Raw Materials Analysis
17.1.1 Key Raw Materials
17.2 Proportion of Manufacturing Cost Structure
17.3 Manufacturing Process Analysis of Luxury Car Rental
17.4 Luxury Car Rental Industrial Chain Analysis
18 Marketing Channel, Distributors and Customers
18.1 Marketing Channel
18.2 Luxury Car Rental Distributors List
18.3 Luxury Car Rental Customers
19 Market Dynamics
19.1 Market Trends
19.2 Opportunities and Drivers
19.3 Challenges
19.4 Porter's Five Forces Analysis
20 Production and Supply Forecast
20.1 Global Forecasted Production of Luxury Car Rental (2022-2027)
20.2 Global Forecasted Revenue of Luxury Car Rental (2022-2027)
20.3 Global Forecasted Price of Luxury Car Rental (2016-2027)
20.4 Global Forecasted Production of Luxury Car Rental by Region (2022-2027)
20.4.1 North America Luxury Car Rental Production, Revenue Forecast (2022-2027)
20.4.2 East Asia Luxury Car Rental Production, Revenue Forecast (2022-2027)
20.4.3 Europe Luxury Car Rental Production, Revenue Forecast (2022-2027)
20.4.4 South Asia Luxury Car Rental Production, Revenue Forecast (2022-2027)
20.4.5 Southeast Asia Luxury Car Rental Production, Revenue Forecast (2022-2027)
20.4.6 Middle East Luxury Car Rental Production, Revenue Forecast (2022-2027)
20.4.7 Africa Luxury Car Rental Production, Revenue Forecast (2022-2027)
20.4.8 Oceania Luxury Car Rental Production, Revenue Forecast (2022-2027)
20.4.9 South America Luxury Car Rental Production, Revenue Forecast (2022-2027)
20.4.10 Rest of the World Luxury Car Rental Production, Revenue Forecast (2022-2027)
20.5 Forecast by Type and by Application (2022-2027)
20.5.1 Global Sales Volume, Sales Revenue and Sales Price Forecast by Type (2022-2027)
20.5.2 Global Forecasted Consumption of Luxury Car Rental by Application (2022-2027)
21 Consumption and Demand Forecast
21.1 North America Forecasted Consumption of Luxury Car Rental by Country
21.2 East Asia Market Forecasted Consumption of Luxury Car Rental by Country
21.3 Europe Market Forecasted Consumption of Luxury Car Rental by Countriy
21.4 South Asia Forecasted Consumption of Luxury Car Rental by Country
21.5 Southeast Asia Forecasted Consumption of Luxury Car Rental by Country
21.6 Middle East Forecasted Consumption of Luxury Car Rental by Country
21.7 Africa Forecasted Consumption of Luxury Car Rental by Country
21.8 Oceania Forecasted Consumption of Luxury Car Rental by Country
21.9 South America Forecasted Consumption of Luxury Car Rental by Country
21.10 Rest of the world Forecasted Consumption of Luxury Car Rental by Country
22 Research Findings and Conclusion
23 Methodology and Data Source
23.1 Methodology/Research Approach
23.1.1 Research Programs/Design
23.1.2 Market Size Estimation
23.1.3 Market Breakdown and Data Triangulation
23.2 Data Source
23.2.1 Secondary Sources
23.2.2 Primary Sources
23.3 Disclaimer
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
Historical Data (2015-2019) |
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Influencing Factors |
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Market Forecast (2021-2026) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
Market Size |
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Qualitative Analysis |
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
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