Press release
The Mexico car rental market is estimated to account for US$ 1,625 Mn with major players Alamo, National Car Rental, Europcar Group S.A., MEX Rent a Car, Budget Rent A Car System, Fox Rent A Car, and Thrifty Car Rental
United States,Washington: Mexico City dominated the Mexico car rental market in 2018, accounting for 30.4% share in terms of value, followed by Cancun and Guadalajara, respectively.Among car type, economy car segment dominated the Mexico car rental in 2018, accounting for 25.3% share in terms of value, followed by compact car and intermediate car, respectively. For shorter time, economy rental cars are extensively rented by travelers as these car offers suitable services within less rental cost.
Among booking type, other internet access accounted for largest market share of 45.5% in Mexico car rental market in 2018. Car rental services offer variety of rental services & discounts through their websites, which in turn boosting use of this channel for car booking.
Global Mexico Car Rental Market and Competitive Analysis
Know your current market situation! Not only a vital element for brand new products but also for current products given the ever-changing market dynamics. The study allows marketers to remain involved with current consumer trends and segments where they'll face a rapid market share drop. Discover who you actually compete against within the marketplace, with Market Share Analysis know market position, to push Share and Segmented Revenue of Mexico Car Rental Market
“Final Report will add the analysis of the impact of COVID-19 on this industry.”
The Leading Key Players during this Industry: Hertz Corporation, Sixt SE, Avis Budget Group Inc., Alamo, National Car Rental, Europcar Group S.A., MEX Rent a Car, Budget Rent A Car System, Inc., Fox Rent A Car, and Thrifty Car Rental, Inc.
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This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Mexico Car Rental market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
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Coherent Market Insights: The research report on Mexico Car Rental is a deep analysis of the market. This is a latest report, covering the current COVID-19 impact on the market. The pandemic of Coronavirus (COVID-19) has affected every aspect of life globally. This has brought along several changes in market conditions. The rapidly changing market scenario and initial and future assessment of the impact is covered in the report. Experts have studied the historical data and compared it with the changing market situations. The report covers all the necessary information required by new entrants as well as the existing players to gain deeper insight.
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