Philippines car rental market is estimated to grow more than USD 400 Mn by 2027 owing to the increase in internet penetration and adoption of smart phones in the country: Ken Research Ecosystem of Philippines Car Rental Market There are five markets in this report: Car Rental, Car leasing, Ride Sharing, Ride Hailing and Self Drive. The Philippines car rental market and self-drive market is highly fragmented with Avis and Diamond Rent-a-Car hold the major share respectively. Philippines car leasing market is moderately consolidated and Orix, is… Read More »
Philippines car rental market is in the growing stage, driven by the increase in disposable income and the rising demand from tourist activities: Ken Research With the Covid’19 pandemic getting over and removal of travel restrictions, the market is again picking up and is expected to continue growing in the coming years as renting a car for travel is faster and more convenient than public transport or other means to get around the city. Covid Impact on Market: Before the… Read More »
The increase in internet penetration and adoption of smart phones in the country will boost Philippines Car Rental Market: Ken Research 1.With increase in internet penetration and digital adoption in the country, car rental services are shifting to online platforms for direct bookings and confirmations. Interested to Know More about this Report, Request for a sample report With the increase in internet penetration and adoption of smart phones, the market for car rental services has expanded, hence… Read More »
