Over the past five years, the Passenger Car Rental and Hiring industry has rebounded strongly from the effects of the global financial crisis. The global financial crisis initially sapped consumer sentiment and business confidence, reducing demand for car rentals and vehicle leasing. Improving economic conditions, pent-up demand from consumers who postponed novated vehicle leasing and demand from tourists who had postponed domestic holidays have driven industry growth over the past five years.
Companies in this industry are involved in leasing, hiring or renting out passenger cars without drivers. Passenger cars include sedans, hatchbacks, station wagons, SUVs and minibuses.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.