UK Car Rentals Market Analysis by Customer Type, Fleet Size, Utilization Rate, Average Revenue and Forecast to 2026
UK Car Rentals Market Overview
Annual revenue from the business and leisure car rental (Self-drive) market in United Kingdom is valued at GBP 1,251.94 million and GBP 1,017.16 million respectively in 2021. During the period 2017-2021, business rentals registered a CAGR of -12.86% while leisure rentals registered a CAGR of -11.40%. Over the forecast period 2021-2026, the annual revenue from business and leisure rentals is expected to record a CAGR of 27.75% and 28.02% respectively, reaching to a value of GBP 4,259.04 million and GBP 3,498.28 million respectively by 2026.
Furthermore, the report also details out Fleet Size (number of operational cars available for short term rental for the purpose of business, leisure, and insurance replacement) for the period 2017 to 2026 along with Utilization Rate and Average Revenue per Day from the Car Rental business in United Kingdom.
The report acts as an essential tool for companies active or plans to venture in to the United Kingdom’s Car Rental market. The comprehensive statistics within the report provides insight into the operating environment of the market and also ensures right business decision making based on historical trends and industry model based forecasting.
Scope
– Overview of the Car Rentals business in the United Kingdom.
– Analysis of the Utilization Rate, Fleet available for rent and actual on-rent days.
– Historic and forecast revenues by Customer type and average revenue per day for the period 2017 through to 2026.
– Analytics on key market moving parameters rental occasions, rental days, average rental length and others.
– Key revenue statistics on Point of Rental and Insurance / Temporary Car Replacement market segments.
Reasons to Buy
– Embrace the market information at category and segment level for precise marketing plan.
– Outline investments on potential growth factors considering actual market size and future prospects.
– Evolve business plans based on forecasts information.
Table of Contents
List of Tables
List of Figures
Get in touch to find out about our multi-purchase discounts
reportstore@globaldata.com
Tel +44 (0) 20 7947 2960
Every customer’s requirement is unique. We understand that and can customize the report basis your exact research requirements pertaining to market insights, innovation insights, strategy and planning, and competitive intelligence. You can also avail the option of purchasing stand-alone sections of the report or request for a country specific report.
Testimonial
“The GlobalData platform is our go-to tool for intelligence services. GlobalData provides an easy way to access comprehensive intelligence data around multiple sectors, which essentially makes it a one-for-all intelligence platform, for tendering and approaching customers.
GlobalData is very customer orientated, with a high degree of personalised services, which benefits everyday use. The highly detailed project intelligence and forecast reports can be utilised across multiple departments and workflow scopes, from operational to strategic level, and often support strategic decisions. GlobalData Analytics and visualisation solutions has contributed positively when preparing management presentations and strategic papers.”
“COVID-19 has caused significant interference to our business and the COVID-19 intelligence from GlobalData has helped us reach better decisions around strategy. These two highlights have helped enormously to understand the projections into the future concerning our business units, we also utilise the project database to source new projects for Liebherr-Werk to use as an additional source to pitch for new business.”
Your daily news has saved me a lot of time and keeps me up-to-date with what is happening in the market, I like that you almost always have a link to the source origin. We also use your market data in our Strategic Business Process to support our business decisions. By having everything in one place on the Intelligence Center it has saved me a lot of time versus looking on different sources, the alert function also helps with this.
Having used several other market research companies, I find that GlobalData manages to provide that ‘difficult-to-get’ market data that others can’t, as well as very diverse and complete consumer surveys.
Related reports
View more Car Rental reports
