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Learn moreOct 2017
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Car rental recorded current value growth of 8% in 2017, to reach AED3.7 billion. Car rental services continue to be an attractive option for the high number of expatriates in the country, with most being transient residents. Given the high number of inbound tourists in the country, public transportation facilities in the United Arab Emirates often prove to be limited on most routes, and taxi fares are high.
Car rental in the United Arab Emirates is set to increase by a value CAGR of 7% at constant 2017 prices over the forecast period. This performance is set to be boosted by the growth in the expatriate base, on the back of a positive economic outlook and demand for convenient and flexible solutions amongst commuters in the country, given that most residents tend to have a transient stay. Increased awareness regarding the sharing economy amongst residents of the United Arab Emirates is also on the rise, which is expected to benefit car rental over the forecast period.
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Overview
Discover the latest market trends and uncover sources of future market growth for the Car Rental industry in United Arab Emirates 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.
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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.