Car Rental Market Size Statistics Analysis Report 2032 The car rental market size exceeded usd 129.1 billion in 2023 and is poised to grow at around 7% cagr from 2024 to 2032, propelled by factors such as rising travel & tourism and paradigm shift toward on demand mobility services. The car rental market size attained a value of usd 104.03 billion in 2023, growing at a cagr of 5.4% to reach a value of usd 166.61 billion by 2032. car rental market | global car rental industry report, size, share, growth, price analysis, trends, outlook and forecast 2024 2032.
Car Rental Market Industry Analysis Size Share 2032 The global car rental market was valued at usd 120.44 billion in 2023 and is estimated to reach approximately usd 330.25 billion by 2032, at a cagr of 11.8% from 2024 to 2032. since its origin, the market for automobile rentals has seen tremendous evolution, growing to become an essential component of the travel and transportation sector. The global car rental market size reached us$ 81.7 billion in 2023. looking forward, imarc group expects the market to reach us$ 104.6 billion by 2032, exhibiting a growth rate (cagr) of 2.7% during 2024 2032. the market is experiencing steady growth driven by the escalating need for cost effective and short term mobility options, the expanding. The car rental market size is estimated at usd 132.10 billion in 2024, and is expected to reach usd 220.10 billion by 2029, growing at a cagr of greater than 10.75% during the forecast period (2024 2029). the covid 19 pandemic significantly impacted travel and tourism across the world. this had a huge effect on car rental and the ride and share. Report overview. the global car rental market size is expected to be worth around usd 275 billion by 2032, from usd 121.9 billion by 2023, growing at a cagr of 8.70% during the forecast period from 2023 to 2032. the demand for car rental services is being driven by a significant uplift in the number of people traveling for both business and.
Car Rental Market Size Share Trends Demand Analysis Forecast 202 The car rental market size is estimated at usd 132.10 billion in 2024, and is expected to reach usd 220.10 billion by 2029, growing at a cagr of greater than 10.75% during the forecast period (2024 2029). the covid 19 pandemic significantly impacted travel and tourism across the world. this had a huge effect on car rental and the ride and share. Report overview. the global car rental market size is expected to be worth around usd 275 billion by 2032, from usd 121.9 billion by 2023, growing at a cagr of 8.70% during the forecast period from 2023 to 2032. the demand for car rental services is being driven by a significant uplift in the number of people traveling for both business and. The global car rental market size is expected to reach usd 249.58 billion in 2032 registering a cagr of 7.4%. our report provides a comprehensive overview of the industry, including key players, market share, growth opportunities and more. The global car rental market was valued at $91.2 billion in 2023. the market is expected to grow at a cagr of 8.7% during 2024 2027. the tourism industry has been a major contributor to the growth of the car rental market. the car rental market has been experiencing an increasing demand for rental cars due to the rise in international and.
Car Rental Market Size To Surpass Around Usd 244 59 Bn By 2032 The global car rental market size is expected to reach usd 249.58 billion in 2032 registering a cagr of 7.4%. our report provides a comprehensive overview of the industry, including key players, market share, growth opportunities and more. The global car rental market was valued at $91.2 billion in 2023. the market is expected to grow at a cagr of 8.7% during 2024 2027. the tourism industry has been a major contributor to the growth of the car rental market. the car rental market has been experiencing an increasing demand for rental cars due to the rise in international and.
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