Car Rental in the United Kingdom - New Report Available
Recently published research from Euromonitor International, "Car Rental in the United Kingdom", is now available at Fast Market Research
[USPRwire, Thu Sep 04 2014] In many urban, densely-populated areas, owning one or more cars is increasingly impractical, as the associated costs of maintaining, insuring, and refuelling the car are rather high in the UK. In addition, there is plenty of public transport provision and public cycling schemes which allow people to move around. In London for example, car ownership has fallen from 0.78 cars per household in 2008/09 to 0.76 cars in 2009/10, compared to 1.21 per household in the same year according to London Transport Data. This trend continued in the latter years of the review period. As this trend continues, there is a new generation of non-car owning drivers and households who are opting to rent cars for occasional use in favour of swallowing the costs of car-ownership.
The fastest growing category in UK car rental is expected to be non-airport leisure car rental. Growth in demand is expected to come largely from the growing number of domestic residents who no longer own a car or households with fewer cars. This demographic will want access to convenient locations, either for collecting or dropping off a rental car, leading to demand centring around non-airport locations, which are of greater convenience to those living in both cities and rural areas.
Report Overview
Discover the latest market trends and uncover sources of future market growth for the Car Rental industry in United Kingdom 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.
If you're in the Car Rental industry in United Kingdom, our research will save you time and money while empowering you to make informed, profitable decisions.
The Car Rental in United Kingdom market research report includes:
* Analysis of key supply-side and demand trends
* Detailed segmentation
* Historic volumes and values, company and brand market shares
* Five year forecasts of market trends and market growth
* Robust and transparent market research methodology, conducted in-country
Our market research reports answer questions such as:
* What is the market size of Car Rental in United Kingdom?
* What are the major brands in United Kingdom?
* Is there a shift from airport car rental to non-airport?
* Is leisure car rental outpacing business car rental?
* Is insurance replacement recession-resistant?
Reasons to Get this Report
* 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
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