After a number of years of aggressive discounting and promotions within car rental; as well as a rise in the number of consolidations amongst companies operating in the category, in order to stimulate the economy following the economic downturn of 2009, the growth rate in car rental has begun to stabilise, increasing steadily over the last couple of years of the review period.
Industry Prospects
Car rental is expected to see a value CAGR of 10% at constant 2014 prices, over the forecast period. Non-airport leisure car rental is set to lead to all the categories within car rental over the forecast period, with a predicted value CAGR of 14% at constant 2014 prices. This forecast growth rate directly reflects the expected growth in importance of tourism as a contributor to the economic bottom line of the UAE in the coming years as the balance of visitors to the country will be increasingly made up of holidaymakers relative to business visitors.
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Report Overview
Discover the latest market trends and uncover sources of future market growth for the Car Rental industry in United Arab Emirates with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Car Rental industry in United Arab Emirates, our research will save you time and money while empowering you to make informed, profitable decisions.
The Car Rental in United Arab Emirates market research report includes:
* Analysis of key supply-side and demand trends
* Detailed segmentation
* Historic volumes and values, company and brand market shares
* Five year forecasts of market trends and market growth
* Robust and transparent market research methodology, conducted in-country
Our market research reports answer questions such as:
* What is the market size of Car Rental in United Arab Emirates?
* What are the major brands in United Arab Emirates?
* Is there a shift from airport car rental to non-airport?
* Is leisure car rental outpacing business car rental?
* Is insurance replacement recession-resistant?
Reasons to Get this Report
* Gain competitive intelligence about market leaders
* Track key industry trends, opportunities and threats
* Inform your marketing, brand, strategy and market development, sales and supply functions
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"Car Rental in the United Arab Emirates" is now available at Fast Market Research
Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001