Executive Summary

Nov 2017
TRENDS

A major barrier for car rental in the Czech Republic is the high level of car ownership, and the fact that consumers are not used to using professional car rental companies when they need a car. If they need a car, most consumers borrow one from friends or family. Sales were therefore driven by the growth of inbound tourism in 2017. Tourists arriving to Prague hired cars with the aim of travelling to the regions and seeing more of the country. Business car rental was also growing, due to the positive performance of the economy.

PROSPECTS

With a value CAGR of 1% at constant 2017 prices over the forecast period, leisure car rental is predicted to experience a marginally better performance than business car rental. The key driver of growth will be increases in inbound and domestic tourism and slowly declining scepticism amongst Czech consumers of car rental services. Growth in business travel will fuel the slow growth in business car rental.

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Car Rental in the Czech Republic

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Overview

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

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