Executive Summary

Sep 2019
PROSPECTS
Rising car ownership detrimental to sales growth in car rental

Car rental registered negative growth in 2019 as demand among the local population continued to slide. The main reason for this is the increasing numbers of Israeli people who own their own cars, with new car sales rising again in 2018 and 2019.

Peer-to-peer car sharing applications still eroding demand for car rental

Fast growth is been seen in the usage of peer-to-peer transportation options in Israel, with consumers increasingly interested in peer-to-peer mobile apps such as Car2Go and City Car. These applications are regarded as more cost-effective and convenient than public transport and short-term car rental.

Car rental players seek to focus more on long-term leasing car sales

The reduced demand seen for short-term car rental in Israel towards the end of the review period has led to a shift in the focus of the leading car rental players. As many car rental companies are now struggling to attract the same levels of demand they were experiencing at the start of the review period, they have turned their attention to leasing and selling cars in a bid to arrest declining revenues through more profitable activities.

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Car Rental (Destination) in Israel

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Overview

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

The Car Rental in Israel 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 Israel?
  • What are the major brands in Israel?
  • 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.

Car Rental (Destination) in Israel - Category analysis

HEADLINES

PROSPECTS

Rising car ownership detrimental to sales growth in car rental
Peer-to-peer car sharing applications still eroding demand for car rental
Car rental players seek to focus more on long-term leasing car sales

CATEGORY DATA

Table 1 Car Rental Sales: Value 2014-2019
Table 2 Car Rental Online Sales: Value 2014-2019
Table 3 Car Rental Online Sales: Value 2014-2019
Table 4 Structure of Car Rental Market 2014-2019
Table 5 Car Rental NBO Company Shares: % Value 2015-2019
Table 6 Car Rental Brands by Key Performance Indicators 2019
Table 7 Forecast Car Rental Sales: Value 2019-2024
Table 8 Forecast Car Rental Online Sales: Value 2019-2024
Table 9 Forecast Car Rental Online Sales: Value 2019-2024

Travel in Israel - Industry Overview

EXECUTIVE SUMMARY

Positive growth in travel in Israel despite ongoing challenges
App-based peer-to-peer transport options place pressure on car rental
UP ceases operations due to practical commercial difficulties
Night camping offers hopes for a revival in other lodging
Israel’s travel industry poised for further success

SWOT

Strengths and Opportunities
Weaknesses and threats
Summary 1 Destination Israel: SWOT

MARKET DATA

Table 10 Annual Leave: Volume 2014-2019
Table 11 Travellers by Age: Number of People 2014-2019
Table 12 Seasonality: Number of People 2014-2019
Table 13 Leisure Outbound Demographics: Number of Trips 2014-2019
Table 14 Other Transport Sales: Value 2014-2019
Table 15 Other Transport Online Sales: Value 2014-2019
Table 16 Forecast Other Transport Sales: Value 2019-2024
Table 17 Forecast Other Transport Online Sales: Value 2019-2024
Table 18 Activities: Value 2014-2019
Table 19 Forecast Activities: Value 2019-2024

SOURCES

Summary 2 Research Sources