North America (NAFTA) Car Rental Market Summary, Competitive Analysis and Forecast, 2018-2027
Summary
The NAFTA Car Rental industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2019-23, 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
The North American Free Trade Agreement (NAFTA) is a trade agreement between the countries in North America: the US, Canada and Mexico. The car rental industry within the NAFTA countries had a total market value of $44,493.9 million in 2022.The US was the fastest growing country, with a CAGR of 8.2% over the 2018-22 period.
Within the car rental industry, the US is the leading country among the NAFTA bloc, with market revenues of $41,861.4 million in 2022. This was followed by Canada and Mexico, with a value of $2,071.3 and $561.2 million, respectively.
The US is expected to lead the car rental industry in the NAFTA bloc, with a value of $68,521.8 million in 2027, followed by Canada and Mexico with expected values of $3,547.3 and $893.6 million, respectively.
Scope
Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the NAFTA car rental market
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the NAFTA car rental market
Leading company profiles reveal details of key car rental market players’ NAFTA operations and financial performance
Add weight to presentations and pitches by understanding the future growth prospects of the NAFTA car rental market with five year forecasts by both value and volume
Compares data from the US, Canada and Mexico, alongside individual chapters on each country
Reasons to Buy
What was the size of the NAFTA car rental market by value in 2023?
What will be the size of the NAFTA car rental market in 2028?
What factors are affecting the strength of competition in the NAFTA car rental market?
How has the market performed over the last five years?
What are the main segments that make up the NAFTA car rental market?
1 Introduction
1.1. What is this report about?
1.2. Who is the target reader?
1.3. How to use this report
1.4. Definitions
2 NAFTA Car Rental
2.1. Industry Outlook
3 Car Rental in Canada
3.1. Market Overview
3.2. Market Data
3.3. Market Segmentation
3.4. Market outlook
3.5. Five forces analysis
4 Macroeconomic Indicators
4.1. Country data
5 Car Rental in Mexico
5.1. Market Overview
5.2. Market Data
5.3. Market Segmentation
5.4. Market outlook
5.5. Five forces analysis
6 Macroeconomic Indicators
6.1. Country data
7 Car Rental in The United States
7.1. Market Overview
7.2. Market Data
7.3. Market Segmentation
7.4. Market outlook
7.5. Five forces analysis
8 Macroeconomic Indicators
8.1. Country data
9 Company Profiles
9.1. CanaDream Corp
9.2. Avis Budget Group Inc
9.3. Sunwing Tours Inc
9.4. Sixt SE
9.5. Royal Rent a Car SA de CV
9.6. Alamo Rent A Car LLC
9.7. Enterprise Holdings Inc
9.8. Hertz Global Holdings Inc
9.9. Booking Holdings Inc
10 Appendix
10.1. Methodology
10.2. About MarketLine
List of Tables
Table 1: NAFTA countries car rental industry, revenue ($m), 2018-27
Table 2: NAFTA countries car rental industry, revenue ($m), 2018-22
Table 3: NAFTA countries car rental industry forecast, revenue ($m), 2022-27
Table 4: Canada car rental market value: $ billion, 2017-22
Table 5: Canada car rental market volume: billion Car Fleet – Absolute Unit, 2017–22
Table 6: Canada car rental market category segmentation: % share, by value, 2017–2022