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Cuba 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

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    Report

  • 36 Pages
  • May 2023
  • Region: Cuba
  • GlobalData
  • ID: 5832924
Annual revenue from the business and leisure car rental (Self-drive) market in Cuba is valued at CUP 1.96 million and CUP 2.10 million respectively in 2021. During the period 2017-2021, business rentals registered a CAGR of -27.03% while leisure rentals registered a CAGR of -26.19%. Over the forecast period 2021-2026, the annual revenue from business and leisure rentals is expected to record a CAGR of 38.74% and 46.69% respectively, reaching to a value of CUP 10.09 million and CUP 14.26 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 Cuba.

The report acts as an essential tool for companies active or plans to venture in to Cuba’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 Cuba.
  • 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.

Table of Contents

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