Car Sharing Providers in Australia - Industry Market Research Report

Accelerating: Easing pandemic travel restrictions are delivering revenue growth

Before the COVID-19 outbreak, car sharing providers enjoyed relatively favourable trading conditions amid growing urbanisation and real household discretionary incomes. Despite the COVID-19 outbreak restricting travel, the easing restrictions are now improving the level of activity. Overall, revenue has risen by an annualised 3.2% over the five years through 2022-23, to $57.8 million. Car sharing providers own or lease cars that people can rent for short time periods, often by the hour. These providers are typically located in city centres and sometimes offer membership. Peer-to-peer car sharing network operators are also included in the industry. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.