Global Car Rental Industry 2012-2017: Trend, Profit, and Forecast Analysis

• Publication date: August 2012

Background: The global car rental industry witnessed intense competition during the previous years, which forced companies to offer new and better services to their customers. The industry is expected to reach US $67.6 billion by 2017 with a CAGR of 3.5%over the next five years. The industry consists of all car rentals, contracted to be of less than one year duration, for corporate, individual, recreational, or business purposes. Europ...

Background:
The global car rental industry witnessed intense competition during the previous years, which forced companies to offer new and better services to their customers. The industry is expected to reach US $67.6 billion by 2017 with a CAGR of 3.5%over the next five years. The industry consists of all car rentals, contracted to be of less than one year duration, for corporate, individual, recreational, or business purposes. Europe is estimated to witness the most growth during the forecast period due to growing airport rentals and gradual recovery of airline activities in the past two years. Lucintel, a leading global management consulting and market research firm, has conducted a competitive analysis on the top industry players of the market and presents its findings in "Global Car Rental Industry 2012-2017: Trend, Profit, and Forecast Analysis." The report tracks all passenger car types exclusive of vans and light trucks. Lucintel's study depicts that the industry is affected by continuous volatility in the global financial and credit markets and other concerns which have contributed to price volatility for petroleum products and higher average gasoline prices, impacting both broader economic conditions and consumer discretionary spending patterns. Limited leisure travel and a greater potential for adverse weather conditions negatively affected industry revenue. The industry witnessed moderate growth due to demand for rental cars in different countries, driven by both domestic and international tourists and business customers, resulting from technological advancements and changing demographics. The increase in travelling expenditure, growing frequency of air travel, and rising number of foreign visitors also influenced growth. Lucintel's research is intended to provide the industry leaders with a competitive benchmarking of the car rental market, up-to-date information on the market share, profit margins, capabilities and strategies of the leaders by assessing their capabilities against competitors. It provides executives with strategically important information, analysis, and insight critical to the development and implementation of effective marketing plan. This comprehensive guide from Lucintel provides readers with valuable information and the tools needed to successfully drive critical business decisions with a thorough understanding of the market’s potential. This report will save Lucintel clients hundreds of hours in personal research time on a global market and it offers significant benefits in expanding business opportunities throughout the global car rental industry analysis. In a fast-paced ever-changing world, business leaders need every advantage available to them in a timely manner to drive change in the market and to stay ahead of their competition. This report provides business leaders with a keen advantage in this regard by making them aware of emerging trends and demand requirements on an annual basis.
Features and Scope of this Report:
To make any investment or strategic decision, you need adequate and timely information. This market report fulfills this core need. Some of the features of this market report are:
· Industry size estimates in terms of (US $) value by regions and by segments
· Global car rental industry analysis annual trend (2006-2011) and forecast (2012-2017)
· Porter’s Five Force analysis
· New product launch and merger and acquisition activity in global car rental industry analysis
· Quarterly demand trend (Q1 2010-Q4 2011)and forecast analysis (Q1 2012–Q4 2013) for global car rental industry analysis
· Gross and net profit trends in the global car rent all industry analysis
· Cost structure trend in the global as well as regional car rental industry analysis

Global Road Passenger Transport Industry

TABLE OF CONTENTS

1. Executive Summary
2. Industry Definition and Scope
3. Industry Overview
4. Global Macroeconomic Overview
5. Industry Trends
6. Industry Forecasts
7. Emerging Trends
8. Conclusions

List of Figures
CHAPTER 4. Global Macroeconomic Overview
Figure 4.1: Global GDP growth rate trend
Figure 4.2: Global inflation rate trend
Figure 4.3: Global population growth rate trend
Figure 4.4: Global unemployment rate trend
Figure 4.5: Regional GDP growth rate trend
Figure 4.6: Regional inflation rate trend
Figure 4.7: Regional population growth rate trend
Figure 4.8: Regional unemployment rate trend
CHAPTER 5. Industry Trends
Figure 5.1: Global car rental industry annual trend 2006-11 (US $B)
Figure 5.2: Global car rental industry regional trend: 2006-11 (US $B)
Figure 5.3: Global car rental industry regional trend: 2006-11 (%)
Figure 5.4: Global car rental industry segment trend: 2006-11 (US $B)
Figure 5.5: Global car rental industry segment trend: 2006-11 (%)
Figure 5.6: Global car rental industry quarterly trend 2010-11 (US $B)
Figure 5.7: Global car rental industry profitability trend 2006-11
Figure 5.8: Global car rental industry revenue per employee Trend 2006-11
Figure 5.9: Cost structure of global car rental industry 2006-11
Figure 5.10: Cost structure in North American car rental industry: 2006-11
Figure 5.11: Cost structure in European car rental industry: 2006-11
Figure 5.12: Cost structure in Asia Pacific car rental industry: 2006-11
Figure 5.13: Top 5 companies vs. car rental industry gross profit & net profit analysis:
2011(e)
Figure 5.12: Cash on hand for global car rental industry 2006-11 (US $B)
Figure 5.13: Cash on hand for global car rental industry 2006-11 (%)
Figure 5.14: Asset for global car rental industry 2006-11 (US $B)
Figure 5.15: Assets for global car rental industry 2006-11 (%)
Figure 5.16: Debt for global car rental industry 2006-11 (US $B)
Figure 5.17: Debt for global car rental industry 2006-11 (%)
Figure 5.18: Industry shares of top players in global car rental industry in 2006
Figure 5.19: Industry shares of top players in global car rental industry in 2011(e)
Figure 5.20: Global car rental industry 2006 market share analysis
Figure 5.21: Global car rental industry 2011(e) market share analysis
CHAPTER 6. Industry Forecasts
Figure 6.1: Global car rental industry annual forecast 2012-17 (US $B)
Figure 6.2: Global car rental industry quarterly forecast 2012-13 (US $B)
Figure 6.3: Global GDP growth rate forecast
Figure 6.4: Global inflation rate forecast
Figure 6.5: Global population growth rate forecast
Figure 6.6: Global unemployment rate forecast
Figure 6.7: Regional GDP growth rate forecast
Figure 6.8: Regional inflation rate forecast
Figure 6.9: Regional population growth rate forecast
Figure 6.10: Regional unemployment rate forecast
Figure 6.11: Global car rental industry regional forecast 2012-17 (US $B)
Figure 6.12: Global car rental industry regional forecast 2012-17 (%)
Figure 6.13: Global car rental industry segment forecast 2012-17 (US $B)
Figure 6.14: Global car rental industry segment forecast 2012-17 (%)
CHAPTER 7. Emerging Trends
Figure 7.1: Global car rental industry opportunity by region
Figure 7.1: Global car rental industry opportunity by segment

List of Tables
CHAPTER 3. Industry Overview
Table 3.1: Industry parameters of global car rental industry
Table 3.2: Relative industry attractiveness by region
CHAPTER 5. Industry Trends
Table 5.1: Regional revenue growth rate
Table 5.2: Segment revenue growth rate
Table 5.3: Percentage change in cost structure
Table 5.4: Percentage change in cash on hand
Table 5.5: Percentage change in total asset
Table 5.6: Percentage change in total debt
Table 5.7: Key companies by revenue growth
Table 5.8: Key companies by revenue decline
CHAPTER 6. Industry Forecasts
Table 6.1: Global car rental regional forecast growth rate
Table 6.1: Global car rental segment forecast growth rate