Off-putting prices: Car rental costs skyrocket amid rocketing fuel prices, hurting demand
Rental and leasing car providers have benefitted from a substantial expansion in the number of international tourists visiting Ireland, a large portion of which use rental cars for their stay. Rising business activity led to many businesses opting to rent and lease vehicles, supporting demand. Revenue for vehicle rental and leasing companies is forecast to expand at a compound annual rate of 3.4% to €1.4 billion over the five years through 2023, including growth of 6.9% in 2023.
Companies in the industry lease and rent out cars and small commercial vehicles to private customers and businesses on a short-term basis. Customers can also lease vehicles on a long-term basis.
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.
Table of Contents
ABOUT THIS INDUSTRY- Industry Definition
- Main Activities
- Similar Industries
- Additional Resources
INDUSTRY PERFORMANCE
- Executive Summary
- Key External Drivers
- Current Performance
- Industry Outlook
- Industry Life Cycle
- Supply Chain
- Products & Services
- Demand Determinants
- Major Markets
- International Trade
- Business Locations
- Market Share Concentration
- Key Success Factors
- Cost Structure Benchmarks
- Basis of Competition
- Barriers to Entry
- Industry Globalization
OPERATING CONDITIONS
- Capital Intensity
- Technology & Systems
- Revenue Volatility
- Regulation & Policy
- Industry Assistance
- Industry Data
- Annual Change
- Key Ratios
Methodology
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