The Japan Car Rental Industry has grown in the last five years even after seeing a drop during the lockdown: Ken Research The Car Rental Market in Japan saw a dip in the growth rate in 2020 due to the Covid-19 pandemic, but post-pandemic as things have started going back to normal, the industry is expected to bounce back. Japan Car Rental Market Overview: The Japan Car Rental Market is currently at the growth stage owing to… Read More »
Germany Car Rental Market is growing owing to overburdened public transport and extensive social distancing guidelines with trend in having rented cars: Ken Research Focus on surge in digitization and connectivity and rise in the number of people taking business and leisure trips are major factor contributing towards development of Car Rental Market in Germany COVID-19 Impact on Germany Car Rental Market: The rapid spread of coronavirus across the country and enforced lockdown in country have had a negative… Read More »
Italy Car Rental Market is Growing, Owing to Smartphones Users Penetration Along With the Rising Tourism: Ken Research The highest penetration of the internet in the region had strengthened the online reservations for rental cars as compared to the bookings made at the car rental station. People Rising Preference: Growing demand for on-demand transportation services to drive market growth increasing vehicle costs, shrinking parking lots, and high auto maintenance costs encourage people to… 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 »
Strong Internet Penetration And Affordable Pricing To Rent A Car Are Providing Notable Opportunities In The Netherlands Car Rental Market – Ken Research 1. Sheer drop due to Covid-19 in the car rental industry in the Netherlands The pandemic has caused a steep fall having a negative impact, especially on the fleet size where the fleet of most players were shrunk to 2/3rd of their previous fleet. Furthermore, gasoline prices began soaring as a result of the lockdowns being… Read More »
On-Demand transportation, Technological Innovations, and the Expansion of the tourism industry with rising foreign tourists are boosting the Netherlands Car Rental Market: Ken Research Driven by Increasing Demand from the Working-age Population and Expansion of the Tourism and Travel Industry, the car rental market in the Netherlands has ample growth potential in the coming years. Consumer Interests for On Demand Transportation: Commuters are increasingly demanding familiar, reliable, and high-quality travel services during their travel. With the new trend evolution… Read More »
