Philippines Car Rentals (Self Drive) Market Size by Customer Type (Business, Leisure), Rental Location (Airport, Non-Airport), Fleet Size, Rental Occasion and Days, Utilization Rate, Average Revenue and Forecast to 2026

Report
36 Pages
May 2023
Region: Philippines
GlobalData
ID: 5832869

Annual revenue from the business and leisure car rental (Self-drive) market in Philippines is valued at PHP 0.28 million and PHP 0.46 million respectively in 2021. During the period 2017-2021, business rentals registered a CAGR of -4.63% while leisure rentals registered a CAGR of -3.92%. Over the forecast period 2021-2026, the annual revenue from business and leisure rentals is expected to record a CAGR of 14.95% and 18.04% respectively, reaching to a value of PHP 0.57 million and PHP 1.04 million respectively by 2026.

Furthermore, the report also details out Fleet Size (number of operational cars available for short term rental for the purpose of business, leisure, and insurance replacement) for the period 2017 to 2026 along with Utilization Rate and Average Revenue per Day from the Car Rental business in Philippines.

The report acts as an essential tool for companies active or plans to venture in to Philippines’s Car Rental market. The comprehensive statistics within the report provides insight into the operating environment of the market and also ensures right business decision making based on historical trends and industry model based forecasting.

Scope

Overview of the Car Rentals business in Philippines.
Analysis of the Utilization Rate, Fleet available for rent and actual on-rent days.
Historic and forecast revenues by Customer type and average revenue per day for the period 2017 through to 2026.
Analytics on key market moving parameters rental occasions, rental days, average rental length and others.
Key revenue statistics on Point of Rental and Insurance / Temporary Car Replacement market segments.

Reasons to Buy

Embrace the market information at category and segment level for precise marketing plan.
Outline investments on potential growth factors considering actual market size and future prospects.
Evolve business plans based on forecasts information.

1 Executive Summary

2 Philippines Car Rental Market: Value by Customer Type & Rental Location

2.1 Overall Market Value, 2017 - 2021
2.1.1 Historic Business Rentals, 2017 - 2021
2.1.2 Historic Business Rentals (by Category) Review, 2017 - 2021
2.1.3 Historic Leisure Rentals, 2017 - 2021
2.1.4 Historic Leisure Rentals (by Category), 2017 - 2021
2.1.5 Historic Insurance Replacement Revenue, 2017 - 2021
2.2 Overall Market Value, 2021 - 2026
2.2.1 Forecast Business Rentals, 2021 - 2026
2.2.2 Forecast Business Rentals (by Category), 2021 - 2026
2.2.3 Forecast Leisure Rentals, 2021 - 2026
2.2.4 Forecast Leisure Rentals (by Category), 2021 - 2026
2.2.5 Forecast Insurance Replacement Revenue, 2021 - 2026

3 Philippines Car Rental Market: Fleet Size

3.1 Fleet Size Review, 2017 - 2021
3.2 Fleet Size Forecast, 2021 - 2026

4 Philippines Car Rental Market: Number of Rental Occasions

4.1 Number of Rental Occasions Review, 2017 - 2021
4.2 Number of Rental Occasions Forecast, 2021 - 2026

5 Philippines Car Rental Market: Number of Rental Days

5.1 Number of Rental Days Review, 2017 - 2021
5.2 Number of Rental Days Forecast, 2021 - 2026

6 Philippines Car Rental Market: Average Rental Length

6.1 Average Rental Length Review, 2017 - 2021
6.2 Average Rental Length Forecast, 2021 - 2026

7 Philippines Car Rental Market: Utilization Rate

7.1 Historic Utilization Rate, 2017 - 2021
7.2 Forecast Utilization Rate, 2021 - 2026

8 Philippines Car Rental Market: Average Revenue Per Day

8.1 Average Revenue per Day Review, 2017 - 2021
8.2 Average Revenue per Day Forecast, 2021 - 2026

9 Appendix

9.1 Definitions
9.2 Summary Methodology
9.3 About the Analyst

List of Tables

Table 1: Philippines Car Rental Market - Total Car Rentals Market Value (Millions), 2017 - 2021
Table 2: Philippines Car Rental Market - Business Rentals Review (Millions), 2017 - 2021
Table 3: Philippines Car Rental Market - Business Rentals Review by Category, 2017 - 2021 (PHP Million)
Table 4: Philippines Car Rental Market - Business Rentals Review by Category, 2017 - 2021 (US$ Million)
Table 5: Philippines Car Rental Market - Leisure Rentals Review (Millions), 2017 - 2021
Table 6: Philippines Car Rental Market - Leisure Rentals Review by Category, 2017 - 2021 (PHP Million)
Table 7: Philippines Car Rental Market - Leisure Rentals Review by Category, 2017 - 2021 (US$ Million)
Table 8: Philippines Car Rental Market - Insurance Replacement Revenue Review (Million), 2017 - 2021
Table 9: Philippines Car Rental Market - Total Car Rental Market Value (Millions), 2021 - 2026
Table 10: Philippines Car Rental Market - Business Rentals Forecast (Millions), 2021 - 2026
Table 11: Philippines Car Rental Market - Business Rentals Review by Category, 2021 - 2026 (PHP Million)
Table 12: Philippines Car Rental Market - Business Rentals Review by Category, 2021 - 2026 (US$ Million)
Table 13: Philippines Car Rental Market - Leisure Rentals Forecast (Millions), 2021 - 2026
Table 14: Philippines Car Rental Market - Leisure Rentals Review by Category, 2021 - 2026 (PHP Million)
Table 15: Philippines Car Rental Market - Leisure Rentals Review by Category, 2021 - 2026 (US$ Million)
Table 16: Philippines Car Rental Market - Insurance Replacement Revenue Forecast (Million), 2021 - 2026
Table 17: Philippines Car Rental Market - Fleet Size Review (Actual), 2017 - 2021
Table 18: Philippines Car Rental Market - Fleet Size Forecast (Actual), 2021 - 2026
Table 19: Philippines Car Rental Market - Number of Rental Occasions (Million), 2017 - 2021
Table 20: Philippines Car Rental Market - Number of Rental Occasions (Million), 2021 - 2026
Table 21: Philippines Car Rental Market - Number of Rental Days Review (Million), 2017 - 2021
Table 22: Philippines Car Rental Market - Number of Rental Days Forecast (Million), 2021 - 2026
Table 23: Philippines Car Rental Market - Average Rental Length Review (Days), 2017 - 2021
Table 24: Philippines Car Rental Market - Average Rental Length Forecast (Days), 2021 - 2026
Table 25: Philippines Car Rental Market - Utilization Rate Review (%), 2017 - 2021
Table 26: Philippines Car Rental Market - Utilization Rate Forecast (%), 2021 - 2026
Table 27: Philippines Car Rental Market - Average Revenue per Day Review (PHP), 2017 - 2021
Table 28: Philippines Car Rental Market - Average Revenue per Day Review (US$), 2017 - 2021
Table 29: Philippines Car Rental Market - Average Revenue per Day Forecast (PHP), 2021 - 2026
Table 30: Philippines Car Rental Market - Average Revenue per Day Forecast (US$), 2021 - 2026
Table 31: Travel and Tourism Terms and Definitions

List of Figures

Figure 1: Philippines Car Rental Market - Total Car Rentals Market Value (PHP Millions), 2017 - 2021
Figure 2: Philippines Car Rental Market - Business Rentals Review (PHP Millions), 2017 - 2021
Figure 3: Philippines Car Rental Market - Business Rentals Review by Category, 2017 - 2021 (PHP Million)
Figure 4: Philippines Car Rental Market - Leisure Rentals Review (PHP Millions), 2017 - 2021
Figure 5: Philippines Car Rental Market - Leisure Rentals Review by Category, 2017 - 2021 (PHP Million)
Figure 6: Philippines Car Rental Market - Insurance Replacement Revenue Review( PHP Million), 2017 - 2021
Figure 7: Philippines Car Rental Market - Total Car Rental Market Value (PHP Millions), 2021 - 2026
Figure 8: Philippines Car Rental Market - Business Rentals Forecast (PHP Millions), 2021 - 2026
Figure 9: Philippines Car Rental Market - Business Rentals Review by Category, 2021 - 2026 (PHP Million)
Figure 10: Philippines Car Rental Market - Leisure Rentals Forecast (PHP Millions), 2021 - 2026
Figure 11: Philippines Car Rental Market - Leisure Rentals Review by Category, 2021 - 2026 (PHP Million)
Figure 12: Philippines Car Rental Market - Insurance Replacement Revenue Forecast (PHP Million), 2021 - 2026
Figure 13: Philippines Car Rental Market - Fleet Size Review (Actual), 2017 - 2021
Figure 14: Philippines Car Rental Market - Fleet Size Forecast (Actual), 2021 - 2026
Figure 15: Philippines Car Rental Market - Number of Rental Occasions (Million), 2017 - 2021
Figure 16: Philippines Car Rental Market - Number of Rental Occasions (Million), 2021 - 2026
Figure 17: Philippines Car Rental Market - Business Rentals Review (Million), 2017 - 2021
Figure 18: Philippines Car Rental Market - Business Rentals Review (Million), 2021 - 2026
Figure 19: Philippines Car Rental Market - Average Rental Length Review (Days), 2017 - 2021
Figure 20: Philippines Car Rental Market - Average Rental Length Forecast (Days), 2021 - 2026
Figure 21: Philippines Car Rental Market - Utilization Rate Review (%),2017 - 2021
Figure 22: Philippines Car Rental Market - Utilization Rate Forecast (%), 2021 - 2026
Figure 23: Philippines Car Rental Market - Average Revenue per Day Review (PHP), 2017 - 2021
Figure 24: Philippines Car Rental Market - Average Revenue per Day Forecast (PHP), 2021 - 2026

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Scope

Reasons to Buy

Table of Contents

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