Country Report

Car Rental in

Car Rental in Slovakia

13 pages, Sep 2017

US$990

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Executive Summary

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TRENDS

Car rental remained a small category in Slovakia at the end of the review period, generating just EUR12 million in value sales. Interest in leisure car rental remains low among local consumers due to the underdeveloped road infrastructure in many parts of Slovakia, which remains the biggest obstacle to sales growth in car rental. However, leisure car rental did record a strong positive performance in 2017, rising by 7% in current value due to improvements in the economic conditions within the country. Both business car rental and leisure car rental performed well in 2017, with growth in business car rental supported by the developing business environment within Slovakia, while buoyant leisure arrivals supported growth in leisure car rental.

PROSPECTS

The forecast period is set to see further positive growth for car rental, with the category expected to register a value CAGR of 2% at constant 2017 prices. Although increasing interest in business car rental is expected to support overall growth, leisure car rental is expected to lead growth over the forecast period, increasing in value at a CAGR of 3% in constant 2017 terms due to rising consumer purchasing power.

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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 Slovakia 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 Slovakia, our research will save you time and money while empowering you to make informed, profitable decisions.

The Car Rental in Slovakia 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 Slovakia?
What are the major brands in Slovakia?
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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TRENDS

PROSPECTS

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