Car Rentals in China - Industry Market Research Report

Car Rentals in China - Industry Market Research Report

Car Rentals in China

The Car Rental industry in China has developed rapidly over the past five years, with total revenue expected to grow at an annualized 6.6% over the five years through 2022, to total $15.3 billion. This trend includes expected growth of 11.4% in the current year. Steady industry growth has been driven by the expanding customer group for car rental services, rising levels of household disposable income in China and the diversification of services provided by car rental firms.

The Car Rental industry in China provides short-term (30 days or fewer) and long-term (more than 30 days) rentals of automobiles, such as passenger vehicles and recreation vehicles. The service of renting cars with drivers is excluded.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.