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Learn moreOct 2020
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After three years of seeing double-digit current value growth in the Philippines, car rental sales are expected to fall by more than half in 2020 due to COVID-19 restrictions. The ban on arrivals (with certain exceptions) and the drop in the number of domestic tourists due to lockdown restrictions are expected to have a knock-on impact on car rental.
Offering chauffeured car rental services is still more common for many players, but self-drive has been introduced by several leading brands, with Hertz one of the players which has started aggressively promoting self-drive car rental, targeting both foreign and local tourists. It also has a separate line, Thrifty, to cater to budget-conscious travellers.
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Overview
Discover the latest market trends and uncover sources of future market growth for the Car Rental industry in Philippines 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 Philippines, our research will save you time and money while empowering you to make informed, profitable decisions.
The Car Rental in Philippines market research report includes:
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Why buy this report?
This industry report originates from Passport, our Travel And Tourism market research database.
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.