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Car Rental in Mexico

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    Report

  • 43 Pages
  • September 2024
  • Region: Mexico
  • MarketLine
  • ID: 6028924
Car Rental in Mexico industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • Car rental refers to the short-term hiring of a motor vehicle from one party to another, typically excluding taxis. Our market scope includes only self-driven, short term (i.e., less than 1 year) car rental data. It excludes leasing or rental of cars for more than one year and the chauffeur driven cars/cabs.
  • The Mexican car rental market recorded revenues of $723.4 million in 2023, representing a compound annual growth rate (CAGR) of 8.2% between 2018 and 2023.
  • Market volume increased with a CAGR of 0.4% between 2018 and 2023, to reach a total of 38,249 car fleet in 2023.
  • The Mexican market accounted for 1.6% of the North American car rental market.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the car rental market in Mexico
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the car rental market in Mexico
  • Leading company profiles reveal details of key car rental market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Mexico car rental market with five year forecasts by both value and volume

Reasons to Buy

  • What was the size of the Mexico car rental market by value in 2023?
  • What will be the size of the Mexico car rental market in 2028?
  • What factors are affecting the strength of competition in the Mexico car rental market?
  • How has the market performed over the last five years?
  • Who are the top competitors in Mexico's car rental market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market rivalry
1.8. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What are the strategies of the leading players?
7.3. What are the strengths of the leading players?
7.4. What are the challenges in the car rental market in Mexico?
8 Company Profiles
8.1. Enterprise Holdings Inc
8.2. Avis Budget Group Inc
8.3. Hertz Global Holdings Inc
8.4. Alamo Rent a Car Mexico
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher
List of Tables
Table 1: Mexico car rental market value: $ million, 2018-23
Table 2: Mexico car rental market volume: car fleet, 2018-23
Table 3: Mexico car rental market category segmentation: % share, by value, 2018-23
Table 4: Mexico car rental market category segmentation: $ million, 2018-23
Table 5: Mexico car rental market geography segmentation: $ million, 2023
Table 6: Mexico car rental market value forecast: $ million, 2023-28
Table 7: Mexico car rental market volume forecast: car fleet, 2023-28
Table 8: Enterprise Holdings Inc: Key Facts
Table 9: Enterprise Holdings Inc: Key Employees
Table 10: Avis Budget Group Inc: Key Facts
Table 11: Avis Budget Group Inc: Annual Financial Ratios
Table 12: Avis Budget Group Inc: Key Employees
Table 13: Hertz Global Holdings Inc: Key Facts
Table 14: Hertz Global Holdings Inc: Annual Financial Ratios
Table 15: Hertz Global Holdings Inc: Key Employees
Table 16: Hertz Global Holdings Inc: Key Employees Continued
Table 17: Alamo Rent a Car Mexico: Key Facts
Table 18: Mexico Size of Population (million), 2019-23
Table 19: Mexico Real GDP (constant 2010 prices, $ billion), 2019-23
Table 20: Mexico GDP (current prices, $ billion), 2019-23
Table 21: Mexico Inflation, 2019-23
Table 22: Mexico Consumer Price Index (absolute), 2019-23
Table 23: Mexico Exchange Rate, 2018-23
List of Figures
Figure 1: Mexico car rental market value: $ million, 2018-23
Figure 2: Mexico car rental market volume: car fleet, 2018-23
Figure 3: Mexico car rental market category segmentation: $ million, 2018-23
Figure 4: Mexico car rental market geography segmentation: % share, by value, 2023
Figure 5: Mexico car rental market value forecast: $ million, 2023-28
Figure 6: Mexico car rental market volume forecast: car fleet, 2023-28
Figure 7: Forces driving competition in the car rental market in Mexico, 2023
Figure 8: Drivers of buyer power in the car rental market in Mexico, 2023
Figure 9: Drivers of supplier power in the car rental market in Mexico, 2023
Figure 10: Factors influencing the likelihood of new entrants in the car rental market in Mexico, 2023
Figure 11: Factors influencing the threat of substitutes in the car rental market in Mexico, 2023
Figure 12: Drivers of degree of rivalry in the car rental market in Mexico, 2023

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Enterprise Holdings Inc
  • Avis Budget Group Inc
  • Hertz Global Holdings Inc
  • Alamo Rent a Car Mexico