Netherlands Car Rental market is projected to show significant growth, contributing ~ €4k Mn by 2027F – Ken Research Netherland Car Market Overview Car Rentals in Netherlands is one of the growing markets in the European region with multiple players offering customer oriented mobility services along with short term leasing companies. Multiple international players are expected to enter and capture the market with increase in consumer demand in near future. Source: Ken Research Analysis… 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 Belgium Car Rental Market Is Expected To Grow At A Steady Pace In The Coming Years, Driven By Tourism, Technology Prospects & Customer Loyalty: Ken Research Belgium Car Rental Market Ecosystem Revenue in the Car rental segment is expected to reach US $ ~ Mn in 2022P & will be showing an annual growth rate of ~%, resulting in a projected market volume of US $ ~ Mn by 2027. The key players operating in the Belgium Car Rental market are… Read More »
The Belgium Car Rental Market is showing a steady but assured recovery after being hit by the after effects of the Global Pandemic: Ken Research Focus on tourism induced recovery, more technological advancements & customer loyalty are some of the factors that will induce steady recovery thereby developing the Belgium Car Rental Market. COVID19 pandemic affecting Market Growth: The global pandemic caused a huge devastation to the global economy. People were locked in as a result of which no transportation… Read More »
Total Tourism Revenues in 2022 amounted to BHD 1.2 Bn exceeding the objective set out in the new tourism strategy for the Kingdom of Bahrain 2022-2027F leading to increase in Bahrain Car Rental Market: Ken Research Focus on Embracing Digitization, Growing Tourism, New Government Initiatives and Entry of Online portals in the market are major factors contributing towards development of Car Rental Market in Bahrain. Bahrain and Saudi Arabia are committed to enhancing joint cooperation in developing infrastructure, road services, and city and region planning, by benefiting from experiences and exchanging… Read More »
Consumer preference to use private vehicle over public vehicle due to cases of Coronavirus has given impetus to Car Rental Market in Bahrain: Ken Research Focus on Embracing Digitization, Growing Tourism, New Government Initiatives and Entry of Online portals in the market are major factors contributing towards development of Car Rental Market in Bahrain. COVID Affected Market Growth: Due to the impact of COVID-19, there has been a substantial decrease in new car sales. In 2020, the market became very… Read More »
Italy Car Rental Market is expected to Gain Momentum Owing to Rising Tourism, Along With Growing Internet Connectivity: Ken Research The Ecosystem of Italy Car Rental Market Italy Car Rental Market is at a growing stage. The country has over ~ Market Players in Car Renting. Italy’s Car rental market is dominated by major players such as Europcar, Avis, Hertz, Rentalcars.com, Easycar.com, and many others Italy’s Car Rental Market is in the Growing stage owing… Read More »
Egypt Car Rental Market size is expected to double in the upcoming years owning to increase in E-Vehicles and advance bookings by Foreign Tourists in the country: Ken Research Growth rate of total car rental is going to increase over the period as car leasing becomes easier, and market penetration rates increase in the country. With rising internet penetration and ownership of smartphones, it is expected that customers will make bookings online as it is more convenient for bookings with additional discounts and saving… Read More »
Japan Car Rental Market is forecasted to grow at a robust CAGR in the period of 2022P-2027F: Ken Research Japan Car Rental Market is in the growing stage, being driven by the increase in travel expenditure, rising demand for rental cars, increased internet and smartphone penetration, rising population and increasing demand from tourists for business and leisure purposes hiring rental cars. The Car Rental Industry in Japan is moderately consolidated with key players such… Read More »
Boost in Tourisms, increasing on-demand services and various Government Initiatives are the major driver of the Egypt car rental market: Ken Research Driven by the various initiatives by the government for increasing the travel and tourism industry and increasing internet penetration, boost in tourism sector, the car rental market in Egypt has ample growth potential in the coming years. Boost in Tourism: The Egypt car rental market is currently expanding. The pandemic has caused a precipitous drop,… Read More »