B2B drives market demand, with B2B spending representing 73.8% of total demand in 2020. Avis Budget Group Inc is the largest company in Mexico, generating 11.5% of the industry’s total turnover in 2020. The industry is fragmented, with the top five companies generating 35.3% of total turnover in 2020. The total number of companies increases in 2020, to 13,085 units. The costs of the industry decrease by 13.3% in 2020, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 57.0% of turnover in 2020, the highest in the region. With turnover of USD1.3 billion, Mexico accounts for 11.2% of the Latin America total in 2020.
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This Euromonitor industrial report provides unique information on Renting of Land Transport Equipment in Mexico: ISIC 7111. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Renting of Land Transport Equipment in Mexico: ISIC 7111 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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