Germany Car Rental Market Summary, Competitive Analysis and Forecast to 2027
Summary
Car Rental in Germany industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The car rental market is defined as revenues generated by car rental companies for self-drive cars for hire. The market value includes car rentals for business, leisure purposes, and insurance replacement. Market volumes represent the size of the rental car fleet (absolute unit) within the respective countries. The calculation excludes leasing and long-term rentals. Taxis/cabs or other passenger vehicles driven by drivers are excluded from the calculation. Distribution channels are divided into airport and non-airport locations, with a focus on leisure and business segments. Other distribution channel represents the value of the fleet rented for insurance purpose.
- The German car rentals market had total revenues of $3.7 billion in 2022, representing a negative compound annual growth rate (CAGR) of 2.4% between 2017 and 2022.
- Market consumption volumes declined with a negative CAGR of 0.7% between 2017 and 2022, to reach a total of 269,504.0 cars in 2022.
- According to GlobalData, travel and tourism contribution to GDP in Germany reached $94.4 billion in 2022 from $56.6 billion in 2021.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the car rental market in Germany
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the car rental market in Germany
- 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 Germany car rental market with five year forecasts
- What was the size of the Germany car rental market by value in 2022?
- What will be the size of the Germany car rental market in 2027?
- What factors are affecting the strength of competition in the Germany car rental market?
- How has the market performed over the last five years?
- What are the main segments that make up Germany'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 strengths of the leading players?
- 7.3. What are the latest developments of the leading players?
- 8 Company Profiles
- 8.1. Hertz Global Holdings Inc
- 8.2. Avis Budget Group Inc
- 8.3. Sixt SE
- 8.4. 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: Germany car rental market value: $ billion, 2017–22
- Table 2: Germany car rental market volume: billion Car Fleet – Absolute Unit, 2017–22
- Table 3: Germany car rental market category segmentation: % share, by value, 2017–2022
- Table 4: Germany car rental market category segmentation: $ billion, 2017-2022
- Table 5: Germany car rental market geography segmentation: $ billion, 2022
- Table 6: Germany car rental market value forecast: $ billion, 2022–27
- Table 7: Germany car rental market volume forecast: billion Car Fleet – Absolute Unit, 2022–27
- Table 8: Hertz Global Holdings Inc: key facts
- Table 9: Hertz Global Holdings Inc: Annual Financial Ratios
- Table 10: Hertz Global Holdings Inc: Key Employees
- Table 11: Hertz Global Holdings Inc: Key Employees Continued
- Table 12: Avis Budget Group Inc: key facts
- Table 13: Avis Budget Group Inc: Annual Financial Ratios
- Table 14: Avis Budget Group Inc: Key Employees
- Table 15: Sixt SE: key facts
- Table 16: Sixt SE: Annual Financial Ratios
- Table 17: Sixt SE: Key Employees
- Table 18: Europcar Mobility Group SA: key facts
- Table 19: Europcar Mobility Group SA: Key Employees
- Table 20: Germany size of population (million), 2018–22
- Table 21: Germany gdp (constant 2005 prices, $ billion), 2018–22
- Table 22: Germany gdp (current prices, $ billion), 2018–22
- Table 23: Germany inflation, 2018–22
- Table 24: Germany consumer price index (absolute), 2018–22
- Table 25: Germany exchange rate, 2018–22
- List of Figures
- Figure 1: Germany car rental market value: $ billion, 2017–22
- Figure 2: Germany car rental market volume: billion Car Fleet – Absolute Unit, 2017–22
- Figure 3: Germany car rental market category segmentation: $ billion, 2017-2022
- Figure 4: Germany car rental market geography segmentation: % share, by value, 2022
- Figure 5: Germany car rental market value forecast: $ billion, 2022–27
- Figure 6: Germany car rental market volume forecast: billion Car Fleet – Absolute Unit, 2022–27
- Figure 7: Forces driving competition in the car rental market in Germany, 2022
- Figure 8: Drivers of buyer power in the car rental market in Germany, 2022
- Figure 9: Drivers of supplier power in the car rental market in Germany, 2022
- Figure 10: Factors influencing the likelihood of new entrants in the car rental market in Germany, 2022
- Figure 11: Factors influencing the threat of substitutes in the car rental market in Germany, 2022
- Figure 12: Drivers of degree of rivalry in the car rental market in Germany, 2022
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