Netherlands Car Rental Market Outlook to 2027F
Driven by Increasing Demand from the Working-age Population and Expansion of the Tourism and Travel Industry
November 2022
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About the Report
About the Report
The report provides a comprehensive analysis of the potential of the Car Rental industry in the Netherlands. The report covers an overview and genesis of the industry, market size in terms of revenue generated.
The Netherlands Car Market segmentations include By Market Structure, By Type of Vehicles, By ICE/EV, By Region, By Mode of Booking, By Client, and By Pick-up; growth enablers and drivers; challenges and bottlenecks; trends driving adoption trends; regulatory framework; end-user analysis, industry analysis, competitive landscape including competition scenario and market shares of major players. The report concludes with future market projections of each market segmentation and analyst recommendations.
Market Overview:
According to Ken Research estimates, the Netherlands Car Rental Market revenue grew from ~ € 1.7Bn in 2017 to approximately ~ € 2Bn in 2022 and is forecasted to grow further into ~ €4Bn opportunity by 2027F, owing to the increasing demand from tourists for business and leisure purposes hiring rental cars along with the Dutch government’s decision to increase the tax-free travel allowance. The growing penetration rate of the internet (96.0%) and smartphones (87.0%) are driving more people to rent a car as the services are mainly provided through online platforms.
- Average rental price per day per fleet has increased due to falling in new car sales owing to the shortage of semiconductor chips in the automotive sector and increasing fuel prices.
- The Dutch electric vehicle market is at its initial growth stage where 25.0% of the new car sales in the country were electric.
Key Trends by Market Segment:
By Market Structure: There is apreference towards the organized sector as most of the tourists look for legal documents and certifications of the vehicle to avoid security patrolling for safety measures.
By Type of Vehicle: The most popular car models in the market are VW, Mercedes, Opel, VW Up, Toyota Aygo, Polo, Opel Corsa, VW Golf, and Opel Astra. Small Car/ Hatchback has the highest market share among other types of vehicles in the country.
By Client: The Dutch love to travel and are curious explorers. The average Dutch household goes on holiday or leisure for at least 2-3 weeks a year spending up to ~ € 5000.
Competitive Landscape
Future Outlook
The Netherlands Car Rental market is projected to show a significant growth, to contribute ~ € 4.5 Bn by 2027F with increase in travel expenditure, rising demand for rental cars and short-term car leasing for personal choice. The growth rate of total fleet size is anticipated to increase over the period with surge in working class population to travel by cab aggregators avoiding public transportation along with government incentives and policies.
Scope Of The Report
Scope of the Report
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By Market Structure |
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By Type of Vehicles |
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By ICE/EV |
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By Region |
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By Mode of Booking |
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By Client |
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By Pick-up |
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Products
Products
Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report
- Car Rental Service Providers
- Car Rental Companies aiming to establish in the Netherlands
- Netherlands automotive industries
- Government Bodies & Regulating Authorities
- Venture Capitalist targeting the car rental market
- Automotive industry association
- Car Manufacturers
- Existing Car Rental Companies
- OEM Dealerships
- New Market Entrants
- Investors
- Car Rental Associations
Time Period Captured in the Report
- Historical Period: 2017-2022
- Base Period: 2022
- Forecast Period: 2022-2027F
Companies
Major Players Mentioned in the Report
Car Rental Companies
- Euro Mobil Rent a Car
- Avis Budget Group
- Hertz
- SIXT
- Enterprise
- Inqar Rent a Car
- Alphabet
- LeasePlan
- Europcar
- Diks Rent a Car
- Auto rent Vitesse
Table of Contents
Table of Contents
1. Executive Summary
2. Country Overview of the Netherlands
3. Overview of Automotive Industry in Netherlands
4. Overview and Genesis of Car Rental Market in Netherlands
5. Market Segmentations of Car Rental Market in Netherlands
6. Snapshots on different Car Rental Markets in Netherlands
7. Industrial Analysis of Car Rental Market in Netherlands
8. End User Analysis of Car Rental Market in Netherlands
9. Competitive Analysis of Car Rental Market in Netherlands
10. Future Outlook and Projections of Car Rental Market in Netherlands
11. Analyst Recommendations
12. Research Methodology
Disclaimer
Contact Us
Research Methodology
Research Methodology
Frequently Asked Questions
Frequently Asked Questions
What is the Study Period of this Market Report?
The Netherlands Car Rental Market is covered from 2017–2027F in this report, including a forecast for 2022-2027F.
What is the Future Growth Rate of the Netherlands Car Rental Market?
The Netherlands Car Rental Market is expected to witness a CAGR of 13.7% over the next five years.
What are the Key Factors Driving the Netherlands Car Rental Market?
Expansion of the tourism industry with rising foreign tourists, On- Demand for Transportation, Evolution of leisure trends, and Technological Innovations are some of the key growth drivers driving the car rental market in the Netherlands.
Which is the Largest Market Structure Segment within the Netherlands Car Rental Market?
The organized sector as most of the tourists looks for legal documents and certifications of the vehicle to avoid security patrolling for safety measures.
Who are the Key Players in the Netherlands Car Rental Market?
Euro Mobil, Avis Budget Group, and Hertz are some of the many players in the Car Rental Market in the Netherlands.
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