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Learn moreSep 2017
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Even though there continues to be an increase in inbound arrivals, in 2017 Argentina accounted for 53% of these, which limited demand for car rental. Argentinians travelling to Chile usually travel in their own vehicles, as their main interest is to transport a large volume of purchased goods. Another trend negatively affecting car sales has been inclusive packages offered by intermediaries, which provide transfers to promote touristic circuits. Overall, customers are finding it more convenient to be driven when arranging a packaged holiday. On the other hand, there is constant growth in corporate business car rental sales, and even though the category was adversely impacted by the slow development of mining in the north of the country, the south of Chile was able to balance sales in 2017.
As corporate demand accounts for a great portion of car rental value sales, and the forecast period performance will be highly linked to Chile’s uncertain economic performance in the mining industry, a value CAGR of -1% at constant 2017 prices is predicted for 2017-2022. The performance of car rental will depend on category players reaching new customers and boosting their online sales, as car rental online has been recording stable growth.
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Overview
Discover the latest market trends and uncover sources of future market growth for the Car Rental industry in Chile 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 Chile, our research will save you time and money while empowering you to make informed, profitable decisions.
The Car Rental in Chile market research report includes:
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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.