Car Rental in Japan
Summary
Car Rental in Japan 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 Japanese car rental market recorded revenues of $1,069.6 million in 2023, representing a negative compound annual growth rate (CAGR) of 25.8% between 2018 and 2023.
- Market consumption volume increased with a CAGR of 1.1% between 2018 and 2023, to reach a total of 3,84,801 car fleet in 2023.
- The growth of the car rental market in Japan is influenced by various macroeconomic factors, including rising GDP. Despite facing numerous challenges, Japan's economy showed resilience in 2023, with the real Gross Domestic Product (GDP) increasing by 1.9%, an improvement from the 1.0% growth recorded in 2022, according to the Cabinet Office of Japan.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the car rental market in Japan
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the car rental market in Japan
- 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 Japan car rental market with five year forecasts
- What was the size of the Japan car rental market by value in 2023?
- What will be the size of the Japan car rental market in 2028?
- What factors are affecting the strength of competition in the Japan car rental market?
- How has the market performed over the last five years?
- What are the main segments that make up Japan'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?
- 7.4. What are the challenges the car rental industry faces in Japan?
- 8 Company Profiles
- 8.1. Europcar Mobility Group SA
- 8.2. Avis Budget Group Inc
- 8.3. Hertz Global Holdings Inc
- 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: Japan car rental market value: $ million, 2018-23
- Table 2: Japan car rental market volume: car fleet, 2018-23
- Table 3: Japan car rental market category segmentation: % share, by value, 2018-23
- Table 4: Japan car rental market category segmentation: $ million, 2018-23
- Table 5: Japan car rental market geography segmentation: $ million, 2023
- Table 6: Japan car rental market value forecast: $ million, 2023-28
- Table 7: Japan car rental market volume forecast: car fleet, 2023-28
- Table 8: Europcar Mobility Group SA: Key Facts
- Table 9: Europcar Mobility Group SA: Key Employees
- Table 10: Avis Budget Group Inc: Key Facts
- Table 11: Avis Budget Group Inc: Annual Financial Ratios
- Table 12: Avis Budget Group Inc: 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: Japan Size of Population (million), 2019-23
- Table 18: Japan Real GDP (constant 2010 prices, $ billion), 2019-23
- Table 19: Japan GDP (Current prices, $ billion), 2019-23
- Table 20: Japan Inflation, 2019-23
- Table 21: Japan Consumer Price Index (absolute), 2019-23
- Table 22: Japan 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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