Further healthy current value growth is projected for the forecast period. The rising number of inbound tourists is driving growth, as very high car ownership limits the domestic car rental demand.
Short-term car rental services continue to grow in cities and through transportation hubs, despite the rising popularity of car sharing. Nonetheless, city & intercity public transportation systems are well developed, and renting a car is often considered an expensive luxury by Czech consumers.
Car sharing is a developing concept in the Czech Republic. Car sharing platforms operated fewer than 400 cars in 2018, and growth is steady, but slow.
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Discover the latest market trends and uncover sources of future market growth for the Car Rental industry in Czech Republic with research from Euromonitor's team of in-country analysts.
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This industry report originates from Passport, our Travel And Tourism market research database.