Kuwait Vehicle Leasing Market Growth will be Led by Growth in End User Industries and Surging Competition Among Players: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Rising corporate travel activity, growth in end user industries and increasing importance of workforce mobility will be the major growth drivers of Kuwait vehicle leasing market in the coming years. Kuwait vehicle leasing industry is relatively concentrated among the top 5 players in the industry during 2018. In terms of revenue, the Kuwait vehicle leasing market grew robustly from the previous year majorly owing to growth in Oil and Gas and logistics & transportation sector. The vehicle leasing market has grown over the years with the growth in the number of players in the industry backed up with increasing preference for leasing a vehicle rather than owing the fleet by companies. The growing number of small and large businesses in the construction and logistics sector in the country has also surged the demand for long term vehicle leasing services in Kuwait. The report titled “Kuwait Vehicle Leasing Market Outlook to 2023- By Type of Vehicle (SUV/MUV, Sedan, Pickups and Luxury Segment) and By End Users (Oil & Gas, Government, Construction, Logistics and Transportation, Telecom and Electrical and Others)” by Ken Research suggested that better value added services, shorter delivery period, lower annual payments, wide portfolio of vehicles, lower upfront cash outlay, comprehensive insurance coverage, negligible registration cost and better technology interface for customers will majorly contribute to the overall revenue growth of Kuwait vehicle leasing market in next 5 years till 2023. Increasing competition in the market has raised the quality of services offered by vehicle leasing companies in the country, which has attracted more number of customers. The long term car rental market/vehicle leasing market has witnessed increasing presence of multinational companies growing their presence in untapped markets/regions and consistently focusing on increasing their fleet size with focus on adding value added service into their service portfolio. Over the years, industry has witnessed cut-thought competition owing to short profit margins which has resulted in the companies to improve their service portfolios. Car dealers which operate into long term leasing, manage to provide lease contracts at a relatively lower price compared to car rental companies. Major target end users for car dealers are government sector which are highly price conscious. Car rental companies, on the other hand charges a higher price but offer specialized services to their customers such as On-road assistance, Insurance coverage and other services which car dealers fails to offer. Growth in IT, Telecom, Travel, FMCG industries has also led to greater demand for number of vehicle leased and as well to extend their existing vehicle leasing agreements with increase in number and type of fleet. Key Segments Covered:- By Type of Fleet: SUV/MUV Sedan Luxury Segment Pickups By End User Sectors:- Oil and Gas Government Construction Logistics and Transportation Others (FMCG, ITES, Telecom, Financial Institutions, Healthcare, Individuals and related industries) By Type of Vendors:- Vehicle Dealer Vehicle Leaser By Type of Regions:- Southern Region Northern Region Central Region Key Target Audience:- Vehicle Leasing Companies Vehicle Dealers Car Rental Companies Government Bodies Industry Associations Venture Capitalist/Investors Time Period Captured in the Report:- 2013-2018 – Historical Period 2018-2023 – Future Forecast Companies Covered:- Automak, Aayan Auto, Al Sayer, Al Mulla, Sefeena, KGL, Autolease, Rasameel Autolease, Hertz, Apatchi Osoulhouse, Apatchi, Autolease, Mutawa Alkazi Company, Automall Vehicle Rental, Value Plus, Mustafa Karam Co and Others. Keywords:- Car Leasing Market In Kuwait Kuwait Car Leasing Market Research Report Market Research Report For Kuwait Car Leasing Market Vehicle Leasing Market In Kuwait Kuwait Vehicle Leasing Companies Car Rental Industry Kuwait Pricing Vehicle Leasing In Kuwait Kuwait Vehicle Leasing Market Size Kuwait Car Rental Leasing Future Growth Future Kuwait Car Rental/Leasing Major Companies In Car Leasing Market In Kuwait Automak Car Rental Leasing Market Share In Kuwait Industry Research Report For Kuwait Vehicle Leasing Market Industry Research Report For Kuwait Car Leasing Market For more information on the research report, refer to below link:- https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/kuwait-vehicle-leasing-market/175021-100.html Related Reports:- https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/vietnam-car-rental-market/137557-100.html https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/thailand-car-rental-market/137098-100.html https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/indonesia-car-rental-market/136319-100.html Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications support@kenresearch.com +91-9015378249 Tags: Al Mullah Group Kuwait Car Leasing Market Share, Al Mullah Group Kuwait Car Rentals Market Share, Automak Car Rental Leasing Market Share In Kuwait, Automak Highest Share Car Rental/Leasing Kuwait, Car Leasing Industry In Kuwait, Car Leasing Market In Kuwait, Car Rental Industry Kuwait, Car Rental/Leasing Companies In Kuwait, Competition In Kuwait Car Rental/Leasing Market, Future Kuwait Car Rental/Leasing, Future Outlook Of Car Leasing Market In Kuwait, Industry Research Report For Kuwait Car Leasing Market, Industry Research Report For Kuwait Vehicle Leasing Market, KGL Kuwait Car Rentals/Leasing Market Share, Kuwait Car Leasing Business, Kuwait Car Leasing Companies, Kuwait Car Leasing Industry Research Report, Kuwait Car Leasing Market Analysis, Kuwait Car Leasing Market Growth, Kuwait Car Rental Leasing Future Growth, Kuwait Vehicle Leasing Business, Kuwait Vehicle Leasing Companies, Kuwait Vehicle Leasing Industry Research Report, Kuwait Vehicle Leasing Market Analysis, Kuwait Vehicle Leasing Market Growth, Kuwait Vehicle Leasing Market Research Report, Kuwait Vehicle Leasing Market Size, Long Term Car Leasing Fleet Size In Kuwait, Long Term Car Leasing Market In Kuwait, Major Companies In Car Leasing Market In Kuwait, Major Players In Kuwait Car Leasing Market, Market Research Report For Kuwait Car Leasing Market, Market Research Report For Kuwait Vehicle Leasing Market, Market Share Of Car Rental/Vehicle Leasing Companies Kuwait, Pricing Vehicle Leasing In Kuwait, Sefeena Revenue Car Leasing In Kuwait, Trends In Car Rental/Leasing Market In Kuwait, Vehicle Leasing Industry In Kuwait, Vehicle Leasing Industry Revenue Kuwait, Vehicle Leasing Market In Kuwait