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Car Rental in the United Kingdom

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    Report

  • 43 Pages
  • January 2020
  • Region: United Kingdom
  • MarketLine
  • ID: 4050656
Car Rental in the United Kingdom

Summary

Car Rental in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2014-18, and forecast to 2023). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • The car rental market is defined as revenues generated by car rental companies for self-drive cars for hire. The market value is mainly made up of car rentals for business, leisure purposes and Insurance Replacement. Market volumes represent the size of the rental car fleet within the respective countries. Any currency conversions used in the creation of this report were calculated using constant 2018 annual average exchange rates.
  • The UK car rental market had total revenues of $6.3bn in 2018, representing a compound annual growth rate (CAGR) of 3.7% between 2014 and 2018.
  • Market consumption volume increased with a CAGR of 8.3% between 2014 and 2018, to reach a total fleet size of 338.4 thousand cars in 2018.
  • More people are electing to only drive rentals when they require the use of a car because of the cost of owning and maintaining a car outright continues to climb.

Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the car rental market in the United Kingdom
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the car rental market in the United Kingdom
  • 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 United Kingdom car rental market with five year forecasts by both value and volume

Reasons to buy
  • What was the size of the United Kingdom car rental market by value in 2018?
  • What will be the size of the United Kingdom car rental market in 2023?
  • What factors are affecting the strength of competition in the United Kingdom car rental market?
  • How has the market performed over the last five years?
  • What are the main segments that make up the United Kingdom'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
4.3. Market distribution
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. Which players have been most successful in recent years?
7.3. How are companies using technology to gain market share?
8 Company Profiles
8.1. Avis Budget Group Inc
8.2. Sixt SE
8.3. Enterprise Holdings, Inc.
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related Research
10.4. About the Author
List of Tables
Table 1: United Kingdom car rental market value: $ million, 2014-18
Table 2: United Kingdom car rental market volume: Fleet Size, 2014-18
Table 3: United Kingdom car rental market category segmentation: $ million, 2018
Table 4: United Kingdom car rental market geography segmentation: $ million, 2018
Table 5: United Kingdom car rental market distribution: % share, by value, 2018
Table 6: United Kingdom car rental market value forecast: $ million, 2018-23
Table 7: United Kingdom car rental market volume forecast: Fleet Size, 2018-23
Table 8: Avis Budget Group Inc: key facts
Table 9: Avis Budget Group Inc: Annual Financial Ratios
Table 10: Avis Budget Group Inc: Key Employees
Table 11: Avis Budget Group Inc: Key Employees Continued
Table 12: Sixt SE: key facts
Table 13: Sixt SE: Annual Financial Ratios
Table 14: Sixt SE: Key Employees
Table 15: Enterprise Holdings, Inc.: key facts
Table 16: Enterprise Holdings, Inc.: Key Employees
Table 17: United Kingdom size of population (million), 2014-18
Table 18: United Kingdom gdp (constant 2005 prices, $ billion), 2014-18
Table 19: United Kingdom gdp (current prices, $ billion), 2014-18
Table 20: United Kingdom inflation, 2014-18
Table 21: United Kingdom consumer price index (absolute), 2014-18
Table 22: United Kingdom exchange rate, 2014-18
List of Figures
Figure 1: United Kingdom car rental market value: $ million, 2014-18
Figure 2: United Kingdom car rental market volume: Fleet Size, 2014-18
Figure 3: United Kingdom car rental market category segmentation: % share, by value, 2018
Figure 4: United Kingdom car rental market geography segmentation: % share, by value, 2018
Figure 5: United Kingdom car rental market distribution: % share, by value, 2018
Figure 6: United Kingdom car rental market value forecast: $ million, 2018-23
Figure 7: United Kingdom car rental market volume forecast: Fleet Size, 2018-23
Figure 8: Forces driving competition in the car rental market in the United Kingdom, 2018
Figure 9: Drivers of buyer power in the car rental market in the United Kingdom, 2018
Figure 10: Drivers of supplier power in the car rental market in the United Kingdom, 2018
Figure 11: Factors influencing the likelihood of new entrants in the car rental market in the United Kingdom, 2018
Figure 12: Factors influencing the threat of substitutes in the car rental market in the United Kingdom, 2018
Figure 13: Drivers of degree of rivalry in the car rental market in the United Kingdom, 2018

Companies Mentioned (Partial List)

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

  • Avis Budget Group Inc
  • Enterprise Holdings, Inc.
  • Sixt SE