Country Report

Car Rental in

Car Rental in Mexico

12 pages, Sep 2017

US$990

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Executive Summary

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TRENDS

The arrival of more international tourists and the presence of more domestic tourists benefited the performance of car rental in Mexico in 2017. Business tourists increase the demand for high-tier vehicles whilst domestic tourists prefer small to medium-size family cars. Mexico City and Cancún are some of the main cities with high rates of car rental, where people like to plan their own schedule of activities and enjoy traveling across the destination to have a better experience. The deficiencies of the local transportation along with the insecurity and complexity of some cities encourage tourists to prefer the services of car rental companies. Intermediaries and airlines also include car rental services as part of their product portfolio in order to attract more consumers by offering discounts or special prices.

PROSPECTS

Car rental will see positive performance over the forecast period driven by the expected constant growth of the overall tourism industry. Business travellers will demand more premium services whilst leisure travellers will continue demanding competitive fares and quality services. Car rental is expected to see moderate growth at a CAGR of 5% at constant 2017 prices over the forecast period.

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Overview

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.

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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.

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