North America (NAFTA) Car Rental Market Summary, Competitive Analysis and Forecast, 2017-2026
North America (NAFTA) Car Rental Market Summary, Competitive Analysis and Forecast, 2017-2026
Abstract
Summary
The NAFTA Car Rental industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2017-21, and forecast to 2026). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The North American Free Trade Agreement (NAFTA) is a trade agreement between the countries in North America: the US, Canada and Mexico. The car rental industry within the NAFTA countries had a total market value of $31,111.6 million in 2021.The US was the fastest growing country, with a CAGR of -0.3% over the 2017-21 period.
- Within the car rental industry, the US is the leading country among the NAFTA bloc, with market revenues of $29,171.5 million in 2021. This was followed by Canada and Mexico, with a value of $1,702.4 and $237.8 million, respectively.
- The US is expected to lead the car rental industry in the NAFTA bloc, with a value of $47,979.5 million in 2026, followed by Canada and Mexico with expected values of $3,244.5 and $469.8 million, respectively.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the NAFTA car rental market
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the NAFTA car rental market
- Leading company profiles reveal details of key car rental market players’ NAFTA operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the NAFTA car rental market with five year forecasts by both value and volume
- Compares data from the US, Canada and Mexico, alongside individual chapters on each country
Reasons to Buy
- What was the size of the NAFTA car rental market by value in 2021?
- What will be the size of the NAFTA car rental market in 2026?
- What factors are affecting the strength of competition in the NAFTA car rental market?
- How has the market performed over the last five years?
- What are the main segments that make up the NAFTA car rental market?
Content
Table of Contents
1 Introduction
1.1. What is this report about?
1.2. Who is the target reader?
1.3. How to use this report
1.4. Definitions
2 NAFTA Car Rental
2.1. Industry Outlook
3 Car Rental in Canada
3.1. Market Overview
3.2. Market Data
3.3. Market Segmentation
3.4. Market outlook
3.5. Five forces analysis
4 Macroeconomic Indicators
4.1. Country data
5 Car Rental in Mexico
5.1. Market Overview
5.2. Market Data
5.3. Market Segmentation
5.4. Market outlook
5.5. Five forces analysis
6 Macroeconomic Indicators
6.1. Country data
7 Car Rental in The United States
7.1. Market Overview
7.2. Market Data
7.3. Market Segmentation
7.4. Market outlook
7.5. Five forces analysis
8 Macroeconomic Indicators
8.1. Country data
9 Company Profiles
9.1. Sixt SE
9.2. Avis Budget Group Inc
9.3. Enterprise Holdings Inc
9.4. Hertz Global Holdings Inc
10 Appendix
10.1. Methodology
10.2. About MarketLine
List of Tables
Table 1: NAFTA countries car rental industry, revenue ($m), 2017-26
Table 2: NAFTA countries car rental industry, revenue ($m), 2017-21
Table 3: NAFTA countries car rental industry forecast, revenue ($m), 2021-26
Table 4: Canada car rental market value: $ million, 2016-21
Table 5: Canada car rental market volume: thousand vehicles, 2016–21
Table 6: Canada car rental market category segmentation: % share, by value, 2016–2021
Table 7: Canada car rental market category segmentation: $ million, 2016-2021
Table 8: Canada car rental market geography segmentation: $ million, 2021
Table 9: Canada car rental market distribution: % share, by value, 2021
Table 10: Canada car rental market value forecast: $ million, 2021–26
Table 11: Canada car rental market volume forecast: thousand vehicles, 2021–26
Table 12: Canada size of population (million), 2017–21
Table 13: Canada gdp (constant 2005 prices, $ billion), 2017–21
Table 14: Canada gdp (current prices, $ billion), 2017–21
Table 15: Canada inflation, 2017–21
Table 16: Canada consumer price index (absolute), 2017–21
Table 17: Canada exchange rate, 2017–21
Table 18: Mexico car rental market value: $ million, 2016-21
Table 19: Mexico car rental market volume: thousand vehicles, 2016–21
Table 20: Mexico car rental market category segmentation: % share, by value, 2016–2021
Table 21: Mexico car rental market category segmentation: $ million, 2016-2021
Table 22: Mexico car rental market geography segmentation: $ million, 2021
Table 23: Mexico car rental market distribution: % share, by value, 2021
Table 24: Mexico car rental market value forecast: $ million, 2021–26
Table 25: Mexico car rental market volume forecast: thousand vehicles, 2021–26
Table 26: Mexico size of population (million), 2017–21
Table 27: Mexico gdp (constant 2005 prices, $ billion), 2017–21
Table 28: Mexico gdp (current prices, $ billion), 2017–21
Table 29: Mexico inflation, 2017–21
Table 30: Mexico consumer price index (absolute), 2017–21
Table 31: Mexico exchange rate, 2017–21
Table 32: United States car rental market value: $ million, 2016-21
Table 33: United States car rental market volume: thousand vehicles, 2016–21
Table 34: United States car rental market category segmentation: % share, by value, 2016–2021
Table 35: United States car rental market category segmentation: $ million, 2016-2021
Table 36: United States car rental market geography segmentation: $ million, 2021
Table 37: United States car rental market distribution: % share, by value, 2021
Table 38: United States car rental market value forecast: $ million, 2021–26
Table 39: United States car rental market volume forecast: thousand vehicles, 2021–26
Table 40: United States size of population (million), 2017–21
Table 41: United States gdp (constant 2005 prices, $ billion), 2017–21
Table 42: United States gdp (current prices, $ billion), 2017–21
Table 43: United States inflation, 2017–21
Table 44: United States consumer price index (absolute), 2017–21
Table 45: United States exchange rate, 2017–21
Table 46: Sixt SE: key facts
Table 47: Sixt SE: Annual Financial Ratios
Table 48: Sixt SE: Key Employees
Table 49: Avis Budget Group Inc: key facts
Table 50: Avis Budget Group Inc: Annual Financial Ratios
Table 51: Avis Budget Group Inc: Key Employees
Table 52: Enterprise Holdings Inc: key facts
Table 53: Enterprise Holdings Inc: Key Employees
Table 54: Hertz Global Holdings Inc: key facts
Table 55: Hertz Global Holdings Inc: Annual Financial Ratios
Table 56: Hertz Global Holdings Inc: Key Employees
Table 57: Hertz Global Holdings Inc: Key Employees Continued
List of Figures
Figure 1: NAFTA countries car rental industry, revenue ($m), 2017-26
Figure 2: NAFTA countries car rental industry, revenue ($m), 2017-21
Figure 3: NAFTA countries car rental industry forecast, revenue ($m), 2021-26
Figure 4: Canada car rental market value: $ million, 2016-21
Figure 5: Canada car rental market volume: thousand vehicles, 2016–21
Figure 6: Canada car rental market category segmentation: $ million, 2016-2021
Figure 7: Canada car rental market geography segmentation: % share, by value, 2021
Figure 8: Canada car rental market distribution: % share, by value, 2021
Figure 9: Canada car rental market value forecast: $ million, 2021–26
Figure 10: Canada car rental market volume forecast: thousand vehicles, 2021–26
Figure 11: Forces driving competition in the car rental market in Canada, 2021
Figure 12: Drivers of buyer power in the car rental market in Canada, 2021
Figure 13: Drivers of supplier power in the car rental market in Canada, 2021
Figure 14: Factors influencing the likelihood of new entrants in the car rental market in Canada, 2021
Figure 15: Factors influencing the threat of substitutes in the car rental market in Canada, 2021
Figure 16: Drivers of degree of rivalry in the car rental market in Canada, 2021
Figure 17: Mexico car rental market value: $ million, 2016-21
Figure 18: Mexico car rental market volume: thousand vehicles, 2016–21
Figure 19: Mexico car rental market category segmentation: $ million, 2016-2021
Figure 20: Mexico car rental market geography segmentation: % share, by value, 2021
Figure 21: Mexico car rental market distribution: % share, by value, 2021
Figure 22: Mexico car rental market value forecast: $ million, 2021–26
Figure 23: Mexico car rental market volume forecast: thousand vehicles, 2021–26
Figure 24: Forces driving competition in the car rental market in Mexico, 2021
Figure 25: Drivers of buyer power in the car rental market in Mexico, 2021
Figure 26: Drivers of supplier power in the car rental market in Mexico, 2021
Figure 27: Factors influencing the likelihood of new entrants in the car rental market in Mexico, 2021
Figure 28: Factors influencing the threat of substitutes in the car rental market in Mexico, 2021
Figure 29: Drivers of degree of rivalry in the car rental market in Mexico, 2021
Figure 30: United States car rental market value: $ million, 2016-21
Figure 31: United States car rental market volume: thousand vehicles, 2016–21
Figure 32: United States car rental market category segmentation: $ million, 2016-2021
Figure 33: United States car rental market geography segmentation: % share, by value, 2021
Figure 34: United States car rental market distribution: % share, by value, 2021
Figure 35: United States car rental market value forecast: $ million, 2021–26
Figure 36: United States car rental market volume forecast: thousand vehicles, 2021–26
Figure 37: Forces driving competition in the car rental market in the United States, 2021
Figure 38: Drivers of buyer power in the car rental market in the United States, 2021
Figure 39: Drivers of supplier power in the car rental market in the United States, 2021
Figure 40: Factors influencing the likelihood of new entrants in the car rental market in the United States, 2021
Figure 41: Factors influencing the threat of substitutes in the car rental market in the United States, 2021
Figure 42: Drivers of degree of rivalry in the car rental market in the United States, 2021
Summary
The NAFTA Car Rental industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2017-21, and forecast to 2026). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The North American Free Trade Agreement (NAFTA) is a trade agreement between the countries in North America: the US, Canada and Mexico. The car rental industry within the NAFTA countries had a total market value of $31,111.6 million in 2021.The US was the fastest growing country, with a CAGR of -0.3% over the 2017-21 period.
- Within the car rental industry, the US is the leading country among the NAFTA bloc, with market revenues of $29,171.5 million in 2021. This was followed by Canada and Mexico, with a value of $1,702.4 and $237.8 million, respectively.
- The US is expected to lead the car rental industry in the NAFTA bloc, with a value of $47,979.5 million in 2026, followed by Canada and Mexico with expected values of $3,244.5 and $469.8 million, respectively.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the NAFTA car rental market
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the NAFTA car rental market
- Leading company profiles reveal details of key car rental market players’ NAFTA operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the NAFTA car rental market with five year forecasts by both value and volume
- Compares data from the US, Canada and Mexico, alongside individual chapters on each country
Reasons to Buy
- What was the size of the NAFTA car rental market by value in 2021?
- What will be the size of the NAFTA car rental market in 2026?
- What factors are affecting the strength of competition in the NAFTA car rental market?
- How has the market performed over the last five years?
- What are the main segments that make up the NAFTA car rental market?
Table of Contents
1 Introduction
1.1. What is this report about?
1.2. Who is the target reader?
1.3. How to use this report
1.4. Definitions
2 NAFTA Car Rental
2.1. Industry Outlook
3 Car Rental in Canada
3.1. Market Overview
3.2. Market Data
3.3. Market Segmentation
3.4. Market outlook
3.5. Five forces analysis
4 Macroeconomic Indicators
4.1. Country data
5 Car Rental in Mexico
5.1. Market Overview
5.2. Market Data
5.3. Market Segmentation
5.4. Market outlook
5.5. Five forces analysis
6 Macroeconomic Indicators
6.1. Country data
7 Car Rental in The United States
7.1. Market Overview
7.2. Market Data
7.3. Market Segmentation
7.4. Market outlook
7.5. Five forces analysis
8 Macroeconomic Indicators
8.1. Country data
9 Company Profiles
9.1. Sixt SE
9.2. Avis Budget Group Inc
9.3. Enterprise Holdings Inc
9.4. Hertz Global Holdings Inc
10 Appendix
10.1. Methodology
10.2. About MarketLine
List of Tables
Table 1: NAFTA countries car rental industry, revenue ($m), 2017-26
Table 2: NAFTA countries car rental industry, revenue ($m), 2017-21
Table 3: NAFTA countries car rental industry forecast, revenue ($m), 2021-26
Table 4: Canada car rental market value: $ million, 2016-21
Table 5: Canada car rental market volume: thousand vehicles, 2016–21
Table 6: Canada car rental market category segmentation: % share, by value, 2016–2021
Table 7: Canada car rental market category segmentation: $ million, 2016-2021
Table 8: Canada car rental market geography segmentation: $ million, 2021
Table 9: Canada car rental market distribution: % share, by value, 2021
Table 10: Canada car rental market value forecast: $ million, 2021–26
Table 11: Canada car rental market volume forecast: thousand vehicles, 2021–26
Table 12: Canada size of population (million), 2017–21
Table 13: Canada gdp (constant 2005 prices, $ billion), 2017–21
Table 14: Canada gdp (current prices, $ billion), 2017–21
Table 15: Canada inflation, 2017–21
Table 16: Canada consumer price index (absolute), 2017–21
Table 17: Canada exchange rate, 2017–21
Table 18: Mexico car rental market value: $ million, 2016-21
Table 19: Mexico car rental market volume: thousand vehicles, 2016–21
Table 20: Mexico car rental market category segmentation: % share, by value, 2016–2021
Table 21: Mexico car rental market category segmentation: $ million, 2016-2021
Table 22: Mexico car rental market geography segmentation: $ million, 2021
Table 23: Mexico car rental market distribution: % share, by value, 2021
Table 24: Mexico car rental market value forecast: $ million, 2021–26
Table 25: Mexico car rental market volume forecast: thousand vehicles, 2021–26
Table 26: Mexico size of population (million), 2017–21
Table 27: Mexico gdp (constant 2005 prices, $ billion), 2017–21
Table 28: Mexico gdp (current prices, $ billion), 2017–21
Table 29: Mexico inflation, 2017–21
Table 30: Mexico consumer price index (absolute), 2017–21
Table 31: Mexico exchange rate, 2017–21
Table 32: United States car rental market value: $ million, 2016-21
Table 33: United States car rental market volume: thousand vehicles, 2016–21
Table 34: United States car rental market category segmentation: % share, by value, 2016–2021
Table 35: United States car rental market category segmentation: $ million, 2016-2021
Table 36: United States car rental market geography segmentation: $ million, 2021
Table 37: United States car rental market distribution: % share, by value, 2021
Table 38: United States car rental market value forecast: $ million, 2021–26
Table 39: United States car rental market volume forecast: thousand vehicles, 2021–26
Table 40: United States size of population (million), 2017–21
Table 41: United States gdp (constant 2005 prices, $ billion), 2017–21
Table 42: United States gdp (current prices, $ billion), 2017–21
Table 43: United States inflation, 2017–21
Table 44: United States consumer price index (absolute), 2017–21
Table 45: United States exchange rate, 2017–21
Table 46: Sixt SE: key facts
Table 47: Sixt SE: Annual Financial Ratios
Table 48: Sixt SE: Key Employees
Table 49: Avis Budget Group Inc: key facts
Table 50: Avis Budget Group Inc: Annual Financial Ratios
Table 51: Avis Budget Group Inc: Key Employees
Table 52: Enterprise Holdings Inc: key facts
Table 53: Enterprise Holdings Inc: Key Employees
Table 54: Hertz Global Holdings Inc: key facts
Table 55: Hertz Global Holdings Inc: Annual Financial Ratios
Table 56: Hertz Global Holdings Inc: Key Employees
Table 57: Hertz Global Holdings Inc: Key Employees Continued
List of Figures
Figure 1: NAFTA countries car rental industry, revenue ($m), 2017-26
Figure 2: NAFTA countries car rental industry, revenue ($m), 2017-21
Figure 3: NAFTA countries car rental industry forecast, revenue ($m), 2021-26
Figure 4: Canada car rental market value: $ million, 2016-21
Figure 5: Canada car rental market volume: thousand vehicles, 2016–21
Figure 6: Canada car rental market category segmentation: $ million, 2016-2021
Figure 7: Canada car rental market geography segmentation: % share, by value, 2021
Figure 8: Canada car rental market distribution: % share, by value, 2021
Figure 9: Canada car rental market value forecast: $ million, 2021–26
Figure 10: Canada car rental market volume forecast: thousand vehicles, 2021–26
Figure 11: Forces driving competition in the car rental market in Canada, 2021
Figure 12: Drivers of buyer power in the car rental market in Canada, 2021
Figure 13: Drivers of supplier power in the car rental market in Canada, 2021
Figure 14: Factors influencing the likelihood of new entrants in the car rental market in Canada, 2021
Figure 15: Factors influencing the threat of substitutes in the car rental market in Canada, 2021
Figure 16: Drivers of degree of rivalry in the car rental market in Canada, 2021
Figure 17: Mexico car rental market value: $ million, 2016-21
Figure 18: Mexico car rental market volume: thousand vehicles, 2016–21
Figure 19: Mexico car rental market category segmentation: $ million, 2016-2021
Figure 20: Mexico car rental market geography segmentation: % share, by value, 2021
Figure 21: Mexico car rental market distribution: % share, by value, 2021
Figure 22: Mexico car rental market value forecast: $ million, 2021–26
Figure 23: Mexico car rental market volume forecast: thousand vehicles, 2021–26
Figure 24: Forces driving competition in the car rental market in Mexico, 2021
Figure 25: Drivers of buyer power in the car rental market in Mexico, 2021
Figure 26: Drivers of supplier power in the car rental market in Mexico, 2021
Figure 27: Factors influencing the likelihood of new entrants in the car rental market in Mexico, 2021
Figure 28: Factors influencing the threat of substitutes in the car rental market in Mexico, 2021
Figure 29: Drivers of degree of rivalry in the car rental market in Mexico, 2021
Figure 30: United States car rental market value: $ million, 2016-21
Figure 31: United States car rental market volume: thousand vehicles, 2016–21
Figure 32: United States car rental market category segmentation: $ million, 2016-2021
Figure 33: United States car rental market geography segmentation: % share, by value, 2021
Figure 34: United States car rental market distribution: % share, by value, 2021
Figure 35: United States car rental market value forecast: $ million, 2021–26
Figure 36: United States car rental market volume forecast: thousand vehicles, 2021–26
Figure 37: Forces driving competition in the car rental market in the United States, 2021
Figure 38: Drivers of buyer power in the car rental market in the United States, 2021
Figure 39: Drivers of supplier power in the car rental market in the United States, 2021
Figure 40: Factors influencing the likelihood of new entrants in the car rental market in the United States, 2021
Figure 41: Factors influencing the threat of substitutes in the car rental market in the United States, 2021
Figure 42: Drivers of degree of rivalry in the car rental market in the United States, 2021
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