Car Rental in Brazil
Summary
Car Rental in Brazil 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 Brazilian car rental market recorded revenues of $1,301.5 million in 2023, representing a compound annual growth rate (CAGR) of 4.8% between 2018 and 2023.
- Market consumption volume increased with a CAGR of 1.9% between 2018 and 2023, to reach a total of 299,605 car fleet in 2023.
- In 2023, the growth of the Brazilian car rental market is shaped by various macroeconomic factors, including rising GDP. According to the Brazilian Institute of Geography and Statistics (IBGE), the real GDP growth rate in 2023 was 2.9%.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the car rental market in Brazil
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the car rental market in Brazil
- 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 Brazil car rental market with five year forecasts
- What was the size of the Brazil car rental market by value in 2023?
- What will be the size of the Brazil car rental market in 2028?
- What factors are affecting the strength of competition in the Brazil car rental market?
- How has the market performed over the last five years?
- What are the main segments that make up Brazil's car rental market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market rivalry
- 1.8. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What are the strategies of the leading players?
- 7.3. What are the strengths of the leading players?
- 8 Company Profiles
- 8.1. Unidas S.A.
- 8.2. Localiza Rent A Car SA
- 8.3. Hertz Global Holdings Inc
- 8.4. Movida Participacoes SA
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Brazil car rental market value: $ million, 2018-23
- Table 2: Brazil car rental market volume: car fleet, 2018-23
- Table 3: Brazil car rental market category segmentation: % share, by value, 2018-23
- Table 4: Brazil car rental market category segmentation: $ million, 2018-23
- Table 5: Brazil car rental market geography segmentation: $ million, 2023
- Table 6: Brazil car rental market value forecast: $ million, 2023-28
- Table 7: Brazil car rental market volume forecast: car fleet, 2023-28
- Table 8: Unidas S.A.: Key Facts
- Table 9: Unidas S.A.: Key Employees
- Table 10: Localiza Rent A Car SA: Key Facts
- Table 11: Localiza Rent A Car SA: Annual Financial Ratios
- Table 12: Localiza Rent A Car SA: Key Employees
- Table 13: Hertz Global Holdings Inc: Key Facts
- Table 14: Hertz Global Holdings Inc: Annual Financial Ratios
- Table 15: Hertz Global Holdings Inc: Key Employees
- Table 16: Hertz Global Holdings Inc: Key Employees Continued
- Table 17: Movida Participacoes SA: Key Facts
- Table 18: Movida Participacoes SA: Annual Financial Ratios
- Table 19: Movida Participacoes SA: Key Employees
- Table 20: Brazil Size of Population (million), 2019-23
- Table 21: Brazil Real GDP (constant 2010 prices, $ billion), 2019-23
- Table 22: Brazil GDP (current prices, $ billion), 2019-23
- Table 23: Brazil Inflation, 2019-23
- Table 24: Brazil Consumer Price Index (absolute), 2019-23
- Table 25: Brazil Exchange Rate, 2018-23
- List of Figures
- Figure 1: 220 Laboratories Inc: Deal Activity by Deal Type - Volume (2020 - YTD*2024)
- Figure 2: 220 Laboratories Inc: Private Equity and Ownership Volume and Value Trend (2020 - YTD*2024)
- Figure 3: 220 Laboratories Inc: Private Equity and Ownership Volume by Deal Type (2020 - YTD*2024)
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