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Dublin, Nov. 22, 2023 (GLOBE NEWSWIRE) — The “Saudi Arabia Car Rental Market Outlook | Size, Share, Trends, Growth, Industry, Forecast, Outlook, and IMPACT of COVID-19: Market Forecast by Type, by Service Type, by Rental Type, by Booking Type, by Regions, and Competitive Landscape,” the report has been added to the ResearchAndMarkets. com offering.
The duration of the Saudi Arabian car rental market is expected to grow at a CAGR of 4. 7% between 2023 and 2029. The car rental market in Saudi Arabia is expected to witness an expansion, basically supported by an immediate expansion of investments in the tourism sector and a physically powerful breakthrough in logistics. automotive sector, as well as the growing preference of companies for car leasing.
Additionally, the government’s projects to diversify the economy away from oil, led through Saudi Vision 2030, would lead to the status quo of several new business entities in the country, thus boosting transportation demand in the coming years. In turn, it would also increase the profits of the car rental market in Saudi Arabia.
The increasing web penetration in the country, coupled with the increasing propensity of customers, especially young users, to make travel bookings through online and mobile platforms, would affect the online car rental booking market. Plans to expand the kingdom’s airports and seaports into the logistics sector will further drive demand for cellular vehicle rental advertising in the coming years.
Report Highlights
Overview of the rental market in Saudi Arabia
Car rental market outlook in Saudi Arabia
Saudi Arabia Car Rental Market Forecast
Saudi Arabia Car Rental Market Historical Data and Revenue Forecast, 2019-2029F
Saudi Arabia Vehicle Rental Market Historical Data and Revenue Forecast by Type – 2019-2029F
Saudi Arabia Car Rental Market Historical Data and Revenue Forecast by Service Type for 2019-2029F
Saudi Arabia Car Rental Market Historical Data and Revenue Forecast, Based on Booking Type, 2019-2029F
Historical Knowledge and Profit Forecast of Saudi Arabia’s Car Rental Market, by Rental Type, for the 2019-2029F Era
Saudi Arabia Car Rental Market Historical Data and Revenue Forecast, by Region, 2019-2029F
Revenue Share of Car Rental Market in Saudi Arabia through Market Players
Car rental market value chain in Saudi Arabia
Impact of Covid-19 on Saudi Arabia’s rental market
Drivers and Restraints of the Car Rental Market in Saudi Arabia
Company Profiles
Key Policy Recommendations
Key Performance Indicators of the Car Rental Market in Saudi Arabia
Saudi Arabia’s Travel & Tourism Industry Outlook
Prospects for the Hajj in Saudi Arabia
Industry outlook in Saudi Arabia
Saudi Arabia Rental Market Competitive Landscape
Comparative analysis of the car rental market in Saudi Arabia, by type of service
Comparative analysis of the car rental market in Saudi Arabia according to the type of property
Comparative research of the car rental market in Saudi Arabia, through insurance.
Comparative analysis of the car rental market in Saudi Arabia, through operational parameters
Saudi Arabia Car Rental Market Revenue Ranking, by Brand, 2022
List of key players in the rental industry
List of key players in the bus rental market
List of key players (fleets from 1,000 to 2,000) in the single rental sector
Company Profiles
Theeb rents a car
Hanco (Al Tala International Transport Co. Limited)
Seera Group
Hala Arab Company (Avis Car Rentals)
Al-Jazeera Equipment Company
Al Jomaih Auto Rental (ajar) (Enterprise Rent a Car)
Al Wasilah Rent a Car Co Ltd (The Hertz Corporation)
United International Transport Company (Budget Rent a Car)
Samara-Sixt Saudi Arabia
For more data on this report, https://www. researchandmarkets. com/r/hi2nag
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