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Country Report

Car Rental in

Car Rental (Destination) in Hungary

13 pages, Sep 2018

US$990

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Executive Summary

New Report Guarantee

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!

PROSPECTS

Lines between conventional car rental and car-sharing blur

As of the end of the review period there were two car-sharing services covering Budapest and the combined fleet of more than 400 cars was very visible. Although they were not direct competitors to conventional car rental, their growing popularity and extensive word of mouth recommendations also made car rental service operators rethink the old business model, focusing on extending rental duration.

Car-sharing could pave the way for car rental

Car rental for private use was still considered expensive for most Hungarians and was limited mostly to holidays abroad, or when a car was under repair but a car was indispensable for daily commute without any alternative solution. The emergence of business models based on the sharing economy and the car-sharing services run by MOL Nyrt and GreenGo Car Europe Kft could act as a catalyst to boost domestic car rental and change value perceptions about renting instead of owning a car.

The sharing economy concept pops up in car rental as well

The expansion of the sharing economy hit a rough patch in recent years as regulations and taxation were not clear and several industry players were against these initiatives as they claimed they cannibalised their businesses. The most recent idea was for inbound and outbound travellers to share cars left at the airport car parks until owners returned from their trip abroad.

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Samples

Car Rental Sample Report Car Rental Sample Data

Overview

Why buy 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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Overview

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

The Car Rental in Hungary 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 Hungary?
What are the major brands in Hungary?
Is there a shift from airport car rental to non-airport?
Is leisure car rental outpacing business car rental?
Is insurance replacement recession-resistant?

Why buy 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

This industry report originates from Passport, our Travel And Tourism market research database.

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Car Rental (Destination) in Hungary - Category analysis

HEADLINES

PROSPECTS

Lines between conventional car rental and car-sharing blur

Car-sharing could pave the way for car rental

The sharing economy concept pops up in car rental as well

CATEGORY DATA

Table 1 Car Rental Sales: Value 2013-2018
Table 2 Car Rental Online Sales: Value 2013-2018
Table 3 Structure of Car Rental Market 2013-2018
Table 4 Car Rental NBO Company Shares: % Value 2014-2018
Table 5 Car Rental Brands by Key Performance Indicators 2018
Table 6 Forecast Car Rental Sales: Value 2018-2023
Table 7 Forecast Car Rental Online Sales: Value 2018-2023

Travel in Hungary - Industry Overview

EXECUTIVE SUMMARY

Upbeat mood and higher disposable incomes drive growth

Travel experiences shift to online and mobile platforms

Travel sees concentration in online booking and tourism marketplaces

Adoption of proven business models instead of real innovation

Travel remains an attractive investment option with growing demand

SWOT

Summary 1 Destination Hungary: SWOT

MARKET DATA

Table 8 Annual Leave: Volume 2013-2018
Table 9 Travellers by Age: Number of People 2013-2018
Table 10 Seasonality: Number of People 2013-2018
Table 11 Leisure Outbound Demographics: Number of Trips 2013-2018
Table 12 Other Transport Sales: Value 2013-2018
Table 13 Other Transport Online Sales: Value 2013-2018
Table 14 Forecast Other Transport Sales: Value 2018-2023
Table 15 Forecast Other Transport Online Sales: Value 2018-2023
Table 16 Activities: Value 2013-2018
Table 17 Forecast Activities: Value 2018-2023

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Megatrends

Country Report

Car Rental (Destination) in Hungary

New Report Guarantee

Executive Summary

New Report Guarantee

PROSPECTS

Lines between conventional car rental and car-sharing blur

Car-sharing could pave the way for car rental

The sharing economy concept pops up in car rental as well

Samples

Overview

Why buy this report?

Samples: FAQs about samples

Want to find out more about this report?

Table of Contents

Car Rental (Destination) in Hungary - Category analysis

HEADLINES

PROSPECTS

Lines between conventional car rental and car-sharing blur

Car-sharing could pave the way for car rental

The sharing economy concept pops up in car rental as well

CATEGORY DATA

Travel in Hungary - Industry Overview

EXECUTIVE SUMMARY

Upbeat mood and higher disposable incomes drive growth

Travel experiences shift to online and mobile platforms

Travel sees concentration in online booking and tourism marketplaces

Adoption of proven business models instead of real innovation

Travel remains an attractive investment option with growing demand

SWOT

MARKET DATA

DEFINITIONS

SOURCES

Why buy this report?

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Recently Viewed

Megatrends

Country Report

Car Rental (Destination) in Hungary

New Report Guarantee

Executive Summary

New Report Guarantee

PROSPECTS

Lines between conventional car rental and car-sharing blur

Car-sharing could pave the way for car rental

The sharing economy concept pops up in car rental as well

Samples

Overview

Why buy this report?

Samples: FAQs about samples

Want to find out more about this report?

Table of Contents

Car Rental (Destination) in Hungary - Category analysis

HEADLINES

PROSPECTS

Lines between conventional car rental and car-sharing blur

Car-sharing could pave the way for car rental

The sharing economy concept pops up in car rental as well

CATEGORY DATA

Travel in Hungary - Industry Overview

EXECUTIVE SUMMARY

Upbeat mood and higher disposable incomes drive growth

Travel experiences shift to online and mobile platforms

Travel sees concentration in online booking and tourism marketplaces

Adoption of proven business models instead of real innovation

Travel remains an attractive investment option with growing demand

SWOT

MARKET DATA

DEFINITIONS

SOURCES

Why buy this report?

Want to find out more about this report?

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