Executive Summary

Sep 2017
TRENDS

Growth of 3% in inbound arrivals into Norway in 2017 had a positive impact on the performance of the car rental category. Its performance was also bolstered by the weakness of the Norwegian krone, which made car rental a much cheaper option for most visitors. According to trade sources, foreign tourists generated most of the revenue growth recorded by leading players like Hertz and Avis, with these visitors increasingly choosing car rental as a practical way to experience the vast Norwegian landscape.

PROSPECTS

Leading international operators like Hertz, Avis and Europcar are expected to be the strongest performers in car rental over the forecast period. The trend towards more intense price competition in the category will favour these large players much more than it will smaller independent players with lower revenue streams and tighter margins. This is likely to result in the closure of many independent businesses, with larger players steadily increasing their value shares towards 2022.

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Car Rental in Norway

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Overview

Discover the latest market trends and uncover sources of future market growth for the Car Rental industry in Norway 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 Norway, our research will save you time and money while empowering you to make informed, profitable decisions.

The Car Rental in Norway 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 Norway?
  • What are the major brands in Norway?
  • 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.