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Car Rental in South Korea

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  • Details
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Details

Car Rental in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Findings

Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the car rental market in South Korea

Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the car rental market in South Korea

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 South Korea car rental market with five year forecasts by both value and volume

Synopsis

Essential resource for top-line data and analysis covering the South Korea car rental market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

Reasons to Buy

What was the size of the South Korea car rental market by value in 2016?

What will be the size of the South Korea car rental market in 2021?

What factors are affecting the strength of competition in the South Korea car rental market?

How has the market performed over the last five years?

What are the main segments that make up South Korea's car rental 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 is mainly made up car rentals for business and leisure purposes. Other includes insurance rentals and replacements. Market volumes represent the size of the rental car fleet within the respective countries. Any currency conversions used in the creation of this report were calculated using constant 2015 annual average exchange rates.

The South Korean car rental industry is expected to generate total revenues of $4,490.1m in 2016, representing a compound annual growth rate (CAGR) of 5.9% between 2012 and 2016.

One of the industry players, AJ, have seen such success that they have decided to expand into the US in 2016 and is the first South Korean car rental company to do so.

Industry consumption volume is forecast to increase with a CAGR of 7.2% between 2012-2016, to reach a total of 429.4 thousand fleet size in 2016.

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Table Of Content

Scope

Executive Summary

Market value

Market value forecast

Market volume

Market volume forecast

Category segmentation

Geography segmentation

Market rivalry

Market Overview

Market definition

Market analysis

Market Data

Market value

Market volume

Market Segmentation

Category segmentation

Geography segmentation

Market Outlook

Market value forecast

Market volume forecast

Five Forces Analysis

Summary

Buyer power

Supplier power

New entrants

Threat of substitutes

Degree of rivalry

Leading Companies

AJ Rent A Car Co., Ltd.

Joy Rent a Car Co., Ltd

RedcapTour Co., Ltd.

Sixt SE

Macroeconomic Indicators

Country data

Methodology

Industry associations

Related MarketLine research

Appendix

About MarketLine


List Of Figure

Figure 1: South Korea car rental market value: $ million, 2012-16(e)

Figure 2: South Korea car rental market volume: thousand fleet size, 2012-16(e)

Figure 3: South Korea car rental market category segmentation: % share, by value, 2016(e)

Figure 4: South Korea car rental market geography segmentation: % share, by value, 2016(e)

Figure 5: South Korea car rental market value forecast: $ million, 2016-21

Figure 6: South Korea car rental market volume forecast: thousand fleet size, 2016-21

Figure 7: Forces driving competition in the car rental market in South Korea, 2016

Figure 8: Drivers of buyer power in the car rental market in South Korea, 2016

Figure 9: Drivers of supplier power in the car rental market in South Korea, 2016

Figure 10: Factors influencing the likelihood of new entrants in the car rental market in South Korea, 2016

Figure 11: Factors influencing the threat of substitutes in the car rental market in South Korea, 2016

Figure 12: Drivers of degree of rivalry in the car rental market in South Korea, 2016

Figure 13: AJ Rent A Car Co., Ltd.: revenues & profitability

Figure 14: AJ Rent A Car Co., Ltd.: assets & liabilities

Figure 15: RedcapTour Co., Ltd.: revenues & profitability

Figure 16: RedcapTour Co., Ltd.: assets & liabilities

Figure 17: Sixt SE: revenues & profitability

Figure 18: Sixt SE: assets & liabilities


List Of Table

Table 1: South Korea car rental market value: $ million, 2012-16(e)

Table 2: South Korea car rental market volume: thousand fleet size, 2012-16(e)

Table 3: South Korea car rental market category segmentation: $ million, 2016(e)

Table 4: South Korea car rental market geography segmentation: $ million, 2016(e)

Table 5: South Korea car rental market value forecast: $ million, 2016-21

Table 6: South Korea car rental market volume forecast: thousand fleet size, 2016-21

Table 7: AJ Rent A Car Co., Ltd.: key facts

Table 8: AJ Rent A Car Co., Ltd.: key financials ($)

Table 9: AJ Rent A Car Co., Ltd.: key financials (KRW)

Table 10: AJ Rent A Car Co., Ltd.: key financial ratios

Table 11: Joy Rent a Car Co., Ltd: key facts

Table 12: RedcapTour Co., Ltd.: key facts

Table 13: RedcapTour Co., Ltd.: key financials ($)

Table 14: RedcapTour Co., Ltd.: key financials (KRW)

Table 15: RedcapTour Co., Ltd.: key financial ratios

Table 16: Sixt SE: key facts

Table 17: Sixt SE: key financials ($)

Table 18: Sixt SE: key financials (EUR)

Table 19: Sixt SE: key financial ratios

Table 20: South Korea size of population (million), 2012-16

Table 21: South Korea gdp (constant 2005 prices, $ billion), 2012-16

Table 22: South Korea gdp (current prices, $ billion), 2012-16

Table 23: South Korea inflation, 2012-16

Table 24: South Korea consumer price index (absolute), 2012-16

Table 25: South Korea exchange rate, 2012-16

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Products and Companies

Products

Car Rental, South Korea, MarketLine


Companies

AJ Rent A Car Co., Ltd., Joy Rent a Car Co., Ltd, RedcapTour Co., Ltd., Sixt SE