Indonesia’s Auto Finance Industry is expected to reach US$ 54 Bn by 2026 : Ken Research

Indonesia’s auto finance Industry is steered through adoption of modified vehicle ownership attributes, monetary policies, surging automotive demand, and an assured future for e-vehicles. The market is bounteous with players like Mitsubishi Lease and Finance, Suzuki Finance Indonesia, Toyota Astra Finance, Daihatsu, Honda, and many more. Story Outline Constant economic growth of Indonesia leading to… Read More »

Indonesia Car Rental Market Outlook to 2027F: Ken Research

What Is the Size of Indonesia Car Rental Industry? Indonesia’s Car Rental market is growing at a CAGR of ~% in 2017-2022 and is expected to reach $ ~ Bn by 2027F. The Indonesia Car Rental Market is largely driven by the expansion of the tourism industry with rising foreign tourists in Indonesia and on-demand… Read More »

The Rising Number of Foreign Tourists in the country and various Government Initiatives are the major driver of the Indonesian car rental market: Ken Research

Driven by the various initiatives by the government for increasing the travel and tourism industry and increasing internet penetration, the car rental market in Indonesia has ample growth potential in the coming years. Significant growth in travel and tourism: The Indonesian car rental market is currently expanding. The pandemic has caused a precipitous drop, which… Read More »

Indonesia Car Rental Market Size & Share, Report | Ken Research

Market Overview For international travellers, Indonesia had long been an economical vacation. The arrival of both domestic and foreign tourists, traffic jams, and rising consumer spending on transportation are the main drivers that have boosted the industry’s growth. The country’s rising demand for car rental services has boosted market rivalry. Some industry players have dominated… Read More »