Growth Opportunities and Industry Dynamics Within the Car Rental Industry in BRIC

Feb. 13, 2012 - PRLog -- Market Entry Strategies and Emerging Opportunities in the Car Rental Industry in BRIC

This market report provides detailed information on market trends and analysis of market growth within the car rental industry in the BRIC nations. With this market report, you will be able to explore in detail the changing shape and potential of the industry. You will also be able to plan and build strategy based on real industry data and projections. http://www.bharatbook.com/market-research-reports/travel-and-tourism-market-research-report/market-entry-strategies-and-emerging-opportunities-in-the-car-rental-industry-in-bric.html

This report includes:
• Analysis of key trends and demand drivers
• Detailed segmentation
• Historic volumes and values
• Five year forecasts of market trends and market growth

Executive Summary

The four BRIC countries (Brazil, Russia, India and China) have a combined population of around three billion, slightly less than half the world’s total population. The car rental industry in these four countries has been on a fast growth trajectory over the past last five years, having increased at a CAGR of around 20%. Over the next five years, the overall car rental industry in the BRIC nations is expected to continue to grow strongly at a CAGR of 13.47%, and is expected to reach US$17.04 billion in 2016, from a base of US$8.90 billion in 2011.

There are some significant growth drivers for the car rental industry in the BRIC nations. Liberalization and privatization of industry and massive foreign direct investment, along with relative cost advantages are encouraging strong growth in each of the four markets. Increasing GDP levels, high levels of personal disposable income, increasing volumes of both domestic and inbound tourists and increasing levels of economic activity are the key driving forces behind increased demand in the car rental industry in the BRIC nations.

Scope

This report provides an extensive analysis of the car rental industry in each of the four BRIC nations: Brazil, Russia, India and China:
• It details historical values for the car rental market in each of the BRIC nations for 2007–2011, along with forecast figures for 2012–2016
• It offers detailed analysis of the factors driving the growth of car rentals, and the key emerging trends in each of the BRIC nations
• The report details the key trends, regulatory environment, market entry strategies and marketing and growth strategies in each of the BRIC nations
• It provides data on the key companies operating within the car rental industry in each of the BRIC nations

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