Car Rental in Turkey, MarketLine

Car Rental in Turkey, MarketLine

  • January 2020 •
  • 39 pages •
  • Report ID: 4671053 •
  • Format: PDF
Car Rental in Turkey

Summary
Car Rental in Turkey industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2014-18, and forecast to 2023). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
- The car rental market is defined as revenues generated by car rental companies for self-drive cars for hire. The market value is mainly made up of car rentals for business, leisure purposes and Insurance Replacement. Market volumes represent the size of the rental car fleet within the respective countries. Any currency conversions used in the creation of this report were calculated using constant 2018 annual average exchange rates.
- The Turkish car rental market had total revenues of $162.4m in 2018, representing a compound annual rate of change (CARC) of -3% between 2014 and 2018.
- Market consumption volume increased with a CAGR of 12% between 2014 and 2018, to reach a total fleet size of 44.2 thousand cars in 2018.
- Such has been the cost reductions caused by fleet expansions, companies operating in the Balearics in Spain have reported having to lower prices to compete with rival tourist destinations in Turkey.

Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the car rental market in Turkey
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the car rental market in Turkey
- Leading company profiles reveal details of key car rental market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Turkey car rental market with five year forecasts by both value and volume

Reasons to buy
- What was the size of the Turkey car rental market by value in 2018?
- What will be the size of the Turkey car rental market in 2023?
- What factors are affecting the strength of competition in the Turkey car rental market?
- How has the market performed over the last five years?
- What are the main segments that make up Turkey’s car rental market?
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