The latest Car Rental Market of New Zealand, Germany & Australia - Industry Survey, Trends, and Statistics has been recently published on Validus Reports. This report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest market size data 2012-2016, allowing you to identify the sectors driving growth. It identifies the leading companies and offers strategic analysis of key factors influencing the market - be they new legislative, technology or pricing issues. Background information on disposable income, annual leave and holiday taking habits is also included. Forecasts to 2021 illustrate how the market is set to change.
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The most important factor behind growth in New Zealand’s car rental category was the growth in tourist arrivals and expenditure – particularly for inbound arrivals – facilitated by the increased routes and capacity of international airlines. Inbound arrivals increased 5% to 3.7 million trips in 2017, which contributed to the positive performance of car rental during the year.
The positive development in car rental in Germany, which started in 2013, continued into 2017. In this last year of the review period, car rental recorded 2% growth in terms of current value, and total sales grew to EUR2.4 billion. This positive development was all the more remarkable considering the very challenging environment for travel modes in Germany, with the rise of car Forecasts to 2021 sharing and long-distance buses as well New Zealand as successful development of public transportation, especially rail.
Car rental in Australia grew 4% in value sales in 2017, following 2% growth in 2016. Similarly, the number of car rental transactions in the country increased 2% in 2017. Car rental companies, like many other businesses in the travel market, largely benefited from high flows of international tourists. Inbound arrivals to Australia increased 5% to 8.7 million trips in 2017. With continued geopolitical uncertainty in Europe, Australia will continue to be considered as a safe destination
Product coverage: Business Car Rental, Car Rental Offline, Car Rental Online, Insurance Replacement Car Rental, Leisure Car Rental.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
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Mr. Trevor Germany & Australia Car Rental Market Report Cherian