Executive Summary

Sep 2019
PROSPECTS
Budget seeks to increase sales in Mexico through a partial reinvention

Budget Car Rental México underwent a brand renewal process towards the end of the review period and this focused mainly on improving customer services and the opening of new offices in several cities across the country. In addition, Budget moved into its new corporate offices in Mexico City.

Strategic alliances between car rental and lodging players boost growth potential

In recent years, car rental players have increasingly sought to forge alliances with companies operating in other categories of Mexico’s travel industry as a way of expanding their appeal and targeting a wider consumer audience. Two such commercial alliances were forged between car rental companies and luxury hotels in 2018.

Alamo continues to register positive growth due to its focus on innovation

Alamo Rent a Car announced several innovations towards the end of the review period as sales continued to grow. 2019 saw further increases in value sales after a strong performance during 2018 and this was mainly thanks to the renewal of its vehicle fleet.

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Car Rental (Destination) in Mexico

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Overview

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

The Car Rental in Mexico 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 Mexico?
  • What are the major brands in Mexico?
  • 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 Mexico - Category analysis

HEADLINES

PROSPECTS

Budget seeks to increase sales in Mexico through a partial reinvention
Strategic alliances between car rental and lodging players boost growth potential
Alamo continues to register positive growth due to its focus on innovation

CATEGORY DATA

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

Travel in Mexico - Industry Overview

EXECUTIVE SUMMARY

Investment in infrastructure and promotion spurs growth across travel industry
Airbnb underpins strong online sales growth in lodging intermediaries
Mexican airlines continue to prosper due to reputation for value
Microstays arrive in Mexico as hotels enthusiastically embrace the concept
More diversity and infrastructure development the keys to stronger growth

SWOT

Summary 1 Destination Mexico: SWOT

MARKET DATA

Table 8 Annual Leave: Volume 2014-2019
Table 9 Travellers by Age: Number of People 2014-2019
Table 10 Seasonality: Number of People 2014-2019
Table 11 Leisure Outbound Demographics: Number of Trips 2014-2019
Table 12 Other Transport Sales: Value 2014-2019
Table 13 Other Transport Online Sales: Value 2014-2019
Table 14 Forecast Other Transport Sales: Value 2019-2024
Table 15 Forecast Other Transport Online Sales: Value 2019-2024
Table 16 Activities: Value 2014-2019
Table 17 Forecast Activities: Value 2019-2024

DEFINITIONS

SOURCES

Summary 2 Research Sources