Brazil Vehicle Rental Market Projected to Surpass $6.08 Billion by 2023: Top Key Players – Locamerica, Unidas, Localiza, Movida, Avis, Budget, Ouro Verde

Marketprognosis.com Publish a New Market Research Report On “Brazil Vehicle Rental Market - Overview and Forecast (2018 - 2023)” which contains Brazil key player’s survey information and forecast to 2023.

Overview of the Brazil Vehicle Rental Market:

The report spread across 75 pages is an overview of the Brazil Vehicle Rental Market - Overview and Forecast (2018 - 2023). These report study based on the Vehicle Rental Market. It is a complete overview of the market, covering various aspects prevailing market landscape. It accumulates comprehensive information and research methodologies.

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The Brazilian vehicle rental market accounted to USD 4.68 Billion in 2017 and is estimated to exceed USD 6.08 Billion by 2023, at a CAGR of 4.54% during the forecast period.

Increased concern and awareness of lower emissions have primarily led to the increase in vehicle rental options, where car rental and carpooling significantly help reduce the number of cars on the road. Budget cars, commonly known as "popular cars," make up the largest proportion of the car rental industry’s fleet. This is principally a result of the comparatively low purchasing power of the Brazilian population. Brazil’s total fleet is strongly concentrated in the Southeast region.

Additionally, the country has been home to various historical sites including opera house in Manaus, colonial towns, and churches along with numerous cultural celebrations (especially the Rio-de-Janeiro carnival), which are grandly celebrated, making the country one of the preferred destinations for inbound tourism in Latin America.

Tourism in Brazil is a growing sector and key to the economy of several regions of the country. The country had 6.36 million visitors in 2016, ranking in terms of the international tourist arrivals as the main destination in South America and second in Latin America after Mexico. Salvador, the second city of tourism after Rio and with a metropolitan area of over 3 million people, is Brazil’s eighth most populous city. Fortaleza is home to another 3.5 million Brazilians and is the fifth largest city with a strong tourist appeal as well as a strong industrial base.

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Most of the tourists in Brazil come from Argentina. As of 2016, around 35% came from Europe and 15% from the United States. The most visited destinations in Brazil are Sao Paulo, Rio de Janeiro, and Salvador de Bahia, along with several places all around the coast. Additionally, with the Relaxation in the issuing of visas to tourists from important source markets, such as the United States, Canada, Japan, and Australia, has also propelled the tourism in the country, in turn driving the vehicle rental market.

Major Key Players:

1 Locamerica

2 Unidas

3 Localiza

4 Movida

5 Avis

6 Enterprise Group

7 Ouro Verde

8 Budget

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What Information does this report contain?

1 A detailed analysis of regulatory trends, drivers, industry pitfalls, challenges and growth opportunities for participants

2 Which are the leading market products, applications & regions and how will they perform by 2023?

3 What are the technologies & innovation trends, how will they evolve by 2023?

4 Which companies lead the industry, how are they positioned in the market in terms of sustainability, competency, production capacity and strategic outlook?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Vehicle Rental Market.

Table of Contents:

1 Introduction

2 Executive Summary

3 Market Overview and Trends

4 Market Dynamics

5 Brazil Vehicle Rental Market, by Application Type

6 Brazil Vehicle Rental Market, by Booking Type

7 Brazil Vehicle Rental Market, by Vehicle Type

8 Brazil Vehicle Rental Market, by Usage

9 Brazil Vehicle Rental Market, by End User

10 Competitive Landscape

11 Key Vendor Analysis

12 Future of the Market

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This release was published on openPR.