Car Rental (Destination) in Hong Kong, China

Car Rental (Destination) in Hong Kong, China

  • September 2021 •
  • 16 pages •
  • Report ID: 5608542 •
  • Format: PDF
The loss of foreign tourist demand has been the main cause of the significant decline in car rental in 2020 and 2021. Despite the rising number of domestic transactions, car rental in Hong Kong is still highly dependent on tourist demand. The majority of the population prefer to commute via public transport systems with the car ownership rate being around only 35% of the adult population. This is much lower than in neighbouring countries due to heavy road traffic and high parking rates.

Car Rental (Destination) in Hong Kong, China report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest market size data 2016-2020, allowing you to identify the sectors driving growth. It identifies the leading companies and offers strategic analysis of key factors influencing the market - be they new legislative, technology or pricing issues. Background information on disposable income, annual leave and holiday taking habits is also included. Forecasts to 2025 illustrate how the market is set to change.

Product coverage:
Business Car Rental, Car Rental Offline, Car Rental Online, Insurance Replacement Car Rental, Leisure Car Rental.

Data coverage:
market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?
* Get a detailed picture of the Car Rental (Destination) market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.

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