Car rental registered 16% current value growth in 2014, this being a much stronger performance than the review period CAGR of 9%. The main reason for this was increasing air travel due to the rising number of airports, airlines and flight destinations. Car rental firms have successfully penetrated airports, offering practical solutions to the transportation needs of travellers. Turkish consumers are increasingly finding car rental safer and more practical, especially during the summer holidays. Instead of driving to their destination, they are flying and then renting a car at the airport. The increasing number of car rental companies, rising number of tourists and improved roads were other factors which positively affected the growth of car rental in 2014.
Full Report Details at
- http://www.fastmr.com/prod/1055599_car_rental_turkey.aspx?afid=302
Industry Prospects
Over the forecast period car rental is expected to register a value CAGR of 4% at constant 2014 prices, this being stronger than the review period CAGR of 1%. The main factor behind this performance will be the increasing number of air passengers. Investment in infrastructure, such as the third international airport in Istanbul, new airports in other cities and new high-speed train connections, are also expected to have a positive impact on car rental. Additionally, companies are likely to further diversify their fleets and increase their fleet sizes. Last but not least, increasing consumer awareness about the practicality of car rental will also have a positive impact on the industry.
Report Overview
Discover the latest market trends and uncover sources of future market growth for the Car Rental industry in Turkey 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 Turkey, our research will save you time and money while empowering you to make informed, profitable decisions.
The Car Rental in Turkey 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 Turkey?
* What are the major brands in Turkey?
* 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
About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.
For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156 (1.413.485.7001 Int'l)
You may also be interested in these related reports:
- Car Rental in Germany to 2018: Market Databook
- Global Car Rental Market 2015-2019
- Car Rental in Vietnam to 2019: Market Databook
- Car Rental in South Korea to 2018: Market Databook
- Car Rental in the Czech Republic to 2019: Market Databook
"Car Rental in Turkey" now available at Fast Market Research
Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001