Indonesia Car Rental Market, overview and genesis of the industry Outlook to 2027F : Ken Research What is the Size of Indonesia car rental Industry? Indonesia Car Rental market is growing at a CAGR of ~% in 2017-2022 and is expected to reach USD Bn by 2027F. The Indonesia Car Rental Market is largely driven by expanding middle class, growing tourism sector, and the emergence of ride-hailing. The expanding middle class… Read More »
Indonesia Car Rental Market, Industry Growth, Analysis and Future Outlook: Ken Research Competition Scenario in Indonesia Car Rental Market Indonesia’s Car Rental Market is at a growing stage and has a highly fragmented market, with the top 8 players accounting for a little over one-fourth of the market. Major players operating in the market are TRAC, Indorent, Bluebird, Adi Sarana Armada Tbk, and others. The companies rely… 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 »
Indonesia Car Rental Market Analysis, Trends, Revenue Outlook to 2027: Ken Research Indonesia Car Rental Market Ecosystem Indonesia’s Car Rental Market is in the growing stage, being driven by new car rental companies along with increasing tourism in the country and more internet penetration in rural areas of the country. Major players in the car rental market of Indonesia include The Hertz Corporation, Blue Bird Group, TRAC.… 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 »
COVID Impact on Global Ride Sharing Market: Ken Research Ride sharing is a type of facility designed to move passengers from one location to another. This service is generally used over the Internet, where customers book their rides and benefit from means of transport. It is an advantage for the environment and consumers as there is generally more than one driver involved in the… Read More »
