Car rental value sales continue to rise at double digit pace, with the Ukrainian market being characterised by high dependence on tourism activity. The main clients of car rental services are international visitors, while domestic travellers rarely use such services, preferring their own cars or public transport.
Although car rental has a long history of development, Ukraine lags behind other countries in the region. Car rental is dominated by international players with well-known brands such as Sixt, Budget Rent a Car and Avis due to their versatile business models and potential to invest in new fleet/facilities.
Ride-sharing services continue to progress and evolve in Ukraine. A new peer-to-peer car sharing portal, SizeCar, was launched towards the end of the review period and operates in a similar way to Airbnb, offering short-term rental of cars from private owners.
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This industry report originates from Passport, our Travel And Tourism market research database.