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MENA Car Rental Services market is expected to reach US$ 5,008.93 Bn by 2027 with CAGR of 7%.

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MENA car rental market size was valued at USD 88.2 billion in 2018 and is expected to register a CAGR of 5.1% over the forecast period.

the MENA car rental services market is segmented into North Africa, Saudi Arabia, UAE, and the Rest of MENA. UAE led the MENA car rental services market in 2018 with a significant market share, as, Dubai is one of the most rapidly emerging business centers across the globe, as well as the attractive infrastructure of the city, is attracting huge tourists to visit the city. Thus, the demand for car rental services in the country is growing at a faster pace. Some of the prominent car rental service provider in the UAE market are Hertz, Europcar, SIXT, Thrifty, and Avis Hala. UAE is followed by Saudi Arabia and the growth is mainly driven by the country’s tourism industry.

Moreover, the strong economic support has facilitated the consistent development in the car rental services Market resulting in significant sources of business for intelligent transportation-related services such as rate comparing tools, 24*7 customer service, and many more. The North African car rental service market is a combination of both leisure and the European customer base of leading car rental brands, which offers enhance the demand for short-term inbound rentals services. The Rest of the MENA market includes countries such as Tunisia, Mauritania, Oman, Qatar, Palestine, Morocco, Egypt, and Libya among others. The growth rate in the countries present in the rest of MENA for the car rental service market is growing at a sluggish rate.

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North Zone is expected to lead the market in the India owing to the reasons such as highest number of population in the country, and various government initiatives have been taken to control the population growth. Therefore, considering the above mentioned factors, the growth of the market in the north zone is likely to contribute the largest share in the India during the forecast period.

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MENA CAR RENTAL SERVICES MARKET SEGMENTATION

MENA Car Rental Services Market – By Rental Location

Non-Airport

On Airport & Train Station

MENA Car Rental Services Market – By Cab Category

Mini & Economy

Compact & Intermediate

Standard

Full Size

Premium

Luxury

Special

MENA Car Rental Services Market – By Customer Type

B2B

B2C

MENA Car Rental Services Market – By Country

North Africa

Saudi Arabia

UAE

Rest of MENA

MENA Car Rental Services Market – Company Profiles

ALAMO (Al Tayer Motors LLC)

Avis Budget Group, Inc.

Europcar Mobility Group S.A.

Auto Europe

Budget Rent a Car System, Inc.

Enterprise Holdings Inc.

Expedia Group

The Hertz Corporation

SIXT SE

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