Content of the study:
The car rental market - United Kingdom

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MARKET OVERVIEW

1.1 Definition and presentation

The car rental market concerns all transactions between companies and individuals which allow to borrow a vehicle over a fixed period of time. A distinction is usually made between short rentals and long-term leases.  

The global market is growing rapidly; key drivers include the increasing number of smartphone users globally, together with rising dependency on technology for carrying out activities such as booking and paying for rental services. Together, they have been vital to market growth over the years.

In the UK, the car rental market’s economic impact is significant; in 2018, it contributed £7.6 billion in taxation and supported close to half a million jobs. [fleetnews] Moreover, the market is expected to see strong growth as a result of increased tourism.

The market is moderately concentrated and includes players such as Avis, Budget, and Europcar Group.

Increased concern and awareness of lower emissions have primarily led to an increase in car rental options. Car rental and carpooling significantly help in reducing the number of cars on the road.

DEMAND ANALYSIS

MARKET STRUCTURE

ANALYSIS OF THE OFFER

REGULATIONS

POSITIONING OF THE PLAYERS

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Reviews (2)

The car rental market - France

Publicado en 01/09/2022 by Jamal Bourbaa

Accurate and up-to-date information Gives a global and relevant vision of the market


Businesscoot Response:

Thank you Jamal for your opinion!

The car rental market - France

Publicado en 05/01/2022 by Sébastien Wolff - Businesscoot

Interesting commentary on the birth of car-sharing and the appearance of many start-ups in the sector. Little information on long-term rental


Businesscoot Response:

Hello Sébastien, Thank you for your feedback which helps us to improve the quality of our studies. We will keep you informed if an update is made by our teams soon. :)