"Car Rental in Russia" Published

From: Fast Market Research, Inc.
Published: Tue Oct 27 2015

Car rental in Russia is rather underdeveloped compared with the European countries. Despite 13% value CAGR over the review period, car rental accounted for just RUB6.5 billion in 2014. The main obstacle for the category’s further development is the high price of renting a car in Russia. It is estimated that car rental prices are up to 70% higher than in the UK, where car rental is the cheapest in Europe. Partly, this is explained by a lack of competition as car rental only recently started to develop. However, there are some other factors contributing to higher prices of car rental in Russia, such as higher expenses on car fleet and insurance.

Industry Prospects

Despite the current economic downturn and category development slowdown, car rental is set to see healthy growth in the forecast period, increasing in value by a 5% CAGR at constant 2014 prices. Car rental is developing from a relatively low base in Russia and has a lot of room for expansion to the regions.

Full Report Details at
- http://www.fastmr.com/prod/1062908_car_rental_russia.aspx?afid=301

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Car Rental industry in Russia 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 Russia, our research will save you time and money while empowering you to make informed, profitable decisions.

The Car Rental in Russia 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 Russia?
* What are the major brands in Russia?
* 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

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156 (1.413.485.7001 Int'l)

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- Global Car Rental Market 2015-2019
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- Car Rental in South Korea to 2018: Market Databook
- Car Rental in the Czech Republic to 2019: Market Databook

Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001

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