Sri Lanka 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: Sri Lanka
GlobalData
ID: 5832874

Annual revenue from the business and leisure car rental (Self-drive) market in Sri Lanka is valued at LKR 0.94 million and LKR 3.44 million respectively in 2021. During the period 2017-2021, business rentals registered a CAGR of -17.98% while leisure rentals registered a CAGR of -17.46%. Over the forecast period 2021-2026, the annual revenue from business and leisure rentals is expected to record a CAGR of 23.61% and 22.75% respectively, reaching to a value of LKR 2.72 million and LKR 9.59 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 Sri Lanka.

The report acts as an essential tool for companies active or plans to venture in to Sri Lanka’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 Sri Lanka.
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 Sri Lanka 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
3Sri Lanka Car Rental Market: Fleet Size
3.1 Fleet Size Review, 2017 - 2021
3.2 Fleet Size Forecast, 2021 - 2026

4 Sri Lanka 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 Sri Lanka 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 Sri Lanka Car Rental Market: Average Rental Length

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

7 Sri Lanka Car Rental Market: Utilization Rate

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

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

List of Figures

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

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Scope

Reasons to Buy

Table of Contents

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