Car Rental in Europe
Summary
Car Rental in Europe 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 European car rental market recorded revenues of $20,592.4 million in 2023, representing a compound annual growth rate (CAGR) of 1.1% between 2018 and 2023.
- Market volume increased with a CAGR of 0.9% between 2018 and 2023, to reach a total of 17,58,913 car fleet in 2023.
- The European market accounted for 25.5% of the global car rental market.
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the car rental market in Europe
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the car rental market in Europe
- 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 Europe car rental market with five year forecasts
- What was the size of the Europe car rental market by value in 2023?
- What will be the size of the Europe car rental market in 2028?
- What factors are affecting the strength of competition in the Europe car rental market?
- How has the market performed over the last five years?
- How large is Europe’s car rental market in relation to its regional counterparts?
- 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?
- 7.4. What are the recent developments?
- 8 Company Profiles
- 8.1. Enterprise Holdings Inc
- 8.2. Hertz Global Holdings Inc
- 8.3. Avis Budget Group Inc
- 8.4. Sixt SE
- 8.5. Europcar Mobility Group 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: Europe car rental market value: $ million, 2018-23
- Table 2: Europe car rental market volume: car fleet, 2018-23
- Table 3: Europe car rental market category segmentation: % share, by value, 2018-23
- Table 4: Europe car rental market category segmentation: $ million, 2018-23
- Table 5: Europe car rental market geography segmentation: $ million, 2023
- Table 6: Europe car rental market value forecast: $ million, 2023-28
- Table 7: Europe car rental market volume forecast: car fleet, 2023-28
- Table 8: Enterprise Holdings Inc: Key Facts
- Table 9: Enterprise Holdings Inc: Key Employees
- Table 10: Hertz Global Holdings Inc: Key Facts
- Table 11: Hertz Global Holdings Inc: Annual Financial Ratios
- Table 12: Hertz Global Holdings Inc: Key Employees
- Table 13: Hertz Global Holdings Inc: Key Employees Continued
- Table 14: Avis Budget Group Inc: Key Facts
- Table 15: Avis Budget Group Inc: Annual Financial Ratios
- Table 16: Avis Budget Group Inc: Key Employees
- Table 17: Sixt SE: Key Facts
- Table 18: Sixt SE: Annual Financial Ratios
- Table 19: Sixt SE: Key Employees
- Table 20: Europcar Mobility Group SA: Key Facts
- Table 21: Europcar Mobility Group SA: Key Employees
- Table 22: Europe Size of Population (million), 2018-23
- Table 23: Europe Real GDP (constant 2010 prices, $ billion), 2018-23
- Table 24: Europe GDP (current prices, $ billion), 2018-23
- Table 25: Europe Inflation, 2018-23
- Table 26: Europe Consumer Price Index (Absolute), 2018-23
- Table 27: Europe 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)
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook